Royal Mint and UK coin tax advantages

[ashantiwarrior]

Hi all,

I found this article highlighting that investments in UK legal tender gold coins are Capital Gains Tax free as they are legal tender. This sounds like a significant advantage for UK Residents to invest their gold in UK coins. Thoughts ?

http://www.royalmint.com/aboutus/news/t ... ng-service

[Observer]

Yes that is definitely true and worthwhile having some in coins however in my view depending on the size of your overall portfolio it's also worthwhile considering overseas storage in case of gold confiscation - I don't like the idea of any UK institution knowing how much I have purchased in case they want it back at a price that I have no control over

[ashantiwarrior]

You can buy them for cash and put store them overseas if necessary until you need to spend them I would imagine.

[ashantiwarrior]

Any ideas on exactly which are best coins to buy ?