Investing in Gold Guide
Gold Coins Gold Britannia's are legal tender in UK and have no capital gains tax These are more divisible - you can sell a 30g coin which is 1/3 of a 100g bar They generally have a higher spread - if you buy and sell quickly, the difference is often Gold Bullion Bars Gold bars do require capital gains tax Capital gains tax allowance is £12,800 so still low, but you want to avoid going into this where possible These are less divisible, if you need cash you need to sell a whole 100g bar rather than just a 30g coin Gold bars have a lower production cost, so are cheaper per gram. With Bullionstar, you only have a tiny spread of about 2% The consequence of Bullionstar bars is that you pay a higher price for the reward of a higher resale price (GoldAvenue is £4,350 vs Bullionstar of £4,500). The solvency of Bullionstar as a company and their promise of honouring this buy-back clause will determine whether this premium is worth it. Jurisdictions/Storage/Purchasing Always avoid paper go