Gold coins

[ganganvince]

Looking at buying the granddaughters some gold coins £2 - £3 k each any tips to avoid.

 

[NZBlue]

Don't buy them off Temu or Aliexpress.
They might be disappointed

 

[bluekeith]

https://www.costco.co.uk/Jewellery-Gold-Bars/Gold-Bars-Coins/c/cos_3.2

 

[Snape]

If buying UK Sovereigns you have the benefit of them having a face value so when selling you don't have to pay capital gains tax.

 

[ganganvince]

If buying UK Sovereigns you have the benefit of them having a face value so when selling you don't have to pay capital gains tax.

Is that only if you buy off mint?

 

[HypnoticBlue]

No Capital Gains Tax on coins.
I deal with a firm in London if you want a contact just pm me and I’ll pass you the details.

 

[denislawsbackheel]

No Capital Gains Tax on coins.
I deal with a firm in London if you want a contact just pm me and I’ll pass you the details.

Only applies to UK mint gold coins.

 

[Barcon]

All I got off my grandparents was a lousy Blackberry.

 

[Lavinda Past]

All I got off my grandparents was a lousy Blackberry.

I never knew my grandparents but I'm sure they'd have given me more than a single blackberry.

Did they give you custard with it?

 

[Snape]

Is that only if you buy off mint?

No any sale

 

[dickie davies]

A bugger to get out of the foil, but they are a lovely treat

 

[RadcliffeRick]

A bugger to get out of the foil, but they are a lovely treat

30 mins in the fridge will sort that out!

 

[denislawsbackheel]

But your fingers will have frozen up won’t they?

 

[mexico1970]

The only advice anyone could give you is that try not to buy fractional gold if you want to use it as an investment for them because the premiums can kill their value unless you hit lucky and buy a sought after coin whose premium rockets.

However if you are buying a coin because you like it there are no restrictions.

 

[lawton mellor]

They sell a few at Costco and gold bars