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Royal Mint and UK coin tax advantages

Posted: Thu Oct 08, 2015 7:52 am
by 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

Re: Royal Mint and UK coin tax advantages

Posted: Thu Oct 08, 2015 9:43 am
by 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

Re: Royal Mint and UK coin tax advantages

Posted: Wed Oct 14, 2015 7:00 am
by ashantiwarrior
You can buy them for cash and put store them overseas if necessary until you need to spend them I would imagine.

Re: Royal Mint and UK coin tax advantages

Posted: Thu Oct 29, 2015 11:49 am
by ashantiwarrior
Any ideas on exactly which are best coins to buy ?