Reply to: Gold coins - buying

[doodab]

At home???

Or in the gym?

[Moscow Mule]

Personally, I only hold kilo bars :-)

At home???

[bobhope]

Best to borrow Threaded's time machine. Go back to 2003 and buy it when Brown was selling it for $300 / oz?


For a SHTF situation, sovs are probably better being smaller in value if you have to spend them. On the other hand, bid/offer spread is better on the larger coins.


Personally, I only hold kilo bars :-)

[doodab]

Sovereigns or Britannias?

The sovereign is 22.05mm in diameter, which is ideal for most people, but if you have large hands with exceptionally chubby fingers the 40mm Britannia is what you need.

[DimPrawn]

Perhaps you could try doubloons

HTH

And pay CGT on any price increase.

FFS, read the thread.

[OwlHoot]

I already have gold in BullionVault, but want to diversify my gold holding away from pure "paper" gold to physical gold and avoid CGT on any future rises.

If gold crashes or falls, I'll take that risk. But a crash in gold means the world's financial worries have all magically vanished and people have faith in paper money again.

So, back to the question, does it matter if I buy Sovs or Brits?

PS. Now it remember why I don't bother with CUK anymore. About as much use as a chocolate teapot. Back to some useful forums for me with a few intelligent people on there.

Perhaps you could try doubloons

HTH

[TimberWolf]

Try here. This bloke sounds like he knows what he's talking about.

[Clippy]

I already have gold in BullionVault, but want to diversify my gold holding away from pure "paper" gold to physical gold and avoid CGT on any future rises.

If gold crashes or falls, I'll take that risk. But a crash in gold means the world's financial worries have all magically vanished and people have faith in paper money again.

So, back to the question, does it matter if I buy Sovs or Brits?

PS. Now it remember why I don't bother with CUK anymore. About as much use as a chocolate teapot. Back to some useful forums for me with a few intelligent people on there.

Try here. This bloke sounds like he knows what he's talking about.

[Moscow Mule]

I don't have an opinion other than do your own research.

2003 Quarter Ounce Britannia Gold Proof Coin

[DimPrawn]

If what you say is true, then you already know the answer, which begs the question 'why then, would you bother asking on here?'. But of course, that's another question to which the answer is already known.

I don't know the answer to the question of whether the Sovereign or the Britannia is a better coin to hold long term.

FFS.

Forget it.

[bingobob]

I already have gold in BullionVault, but want to diversify my gold holding away from pure "paper" gold to physical gold and avoid CGT on any future rises.

If gold crashes or falls, I'll take that risk. But a crash in gold means the world's financial worries have all magically vanished and people have faith in paper money again.

So, back to the question, does it matter if I buy Sovs or Brits?

If what you say is true, then you already know the answer, which begs the question 'why then, would you bother asking on here?'. But of course, that's another question to which the answer is already known.

[DimPrawn]

I already have gold in BullionVault, but want to diversify my gold holding away from pure "paper" gold to physical gold and avoid CGT on any future rises.

If gold crashes or falls, I'll take that risk. But a crash in gold means the world's financial worries have all magically vanished and people have faith in paper money again.

So, back to the question, does it matter if I buy Sovs or Brits?

PS. Now it remember why I don't bother with CUK anymore. About as much use as a chocolate teapot. Back to some useful forums for me with a few intelligent people on there.

[gingerjedi]

See... chavs aint as fick as they look.

[fullyautomatix]

"Missed the boat" comes to mind.

[bingobob]

Sovereigns or Britannias?


Note: It makes no sense if you are a UK tax payer to buy Krugs or any other non-UK gold coin as there is no CGT to pay on legal tender coins.

eBay.co.uk Guides - CGT Capital Gains Tax Exemption on Gold Sovereigns

Ho hum - looks like it's time to start selling then. It was good whilst it lasted.