|Gold: £ 24.34 t oz||Silver: £ 15.65 t oz|
Pre-Owned 2014 Full Gold Sovereign
For larger quantities please call us on 0121 355 0620 to discuss todays rates.
|Manufacturer||The Royal Mint|
2014 Full Sovereign Gold Coin.
Each Sovereign weighs 7.98g and is struck in 22ct Gold, equalling 7.31g of Fine Gold content.
These coins are minted by The Royal Mint in Llantrisant, South Wales.
The 2014 Sovereign has the standard 'George and the Dragon' Reverse.
Buy Now - A clear plastic lighthouse capsule, to encapsulate your Full Sovereign Gold Coin.
These coins are pre-owned, but they are in excellent condition.
Probably one of the most frequent questions I am asked is:
Why should I buy the Gold Sovereigns over the other, sometimes slightly cheaper gold coins we sell?
The answer is that the Sovereign is a British legal tender coin and as a result is currently free of Capital Gains Tax when sold at a profit.
The implications of this are many. If you are buying a few coins to simply put a little insurance away for a rainy day which you want in physical gold then you could realistically buy any of our coins, and the cheaper the better. However if you have a little more to spend or if you already have other forms of investment which bring you into a CGT problem then you may wish to stick to the British coins such as the Sovereign or Britannia as the CGT free status is more relevant to your tax situation.
I am no tax or investment guru, but it is important that you give this some consideration. What a saving you could make if you buy the correct product even if the Britannia is a little more expensive than some of the other coins.
If you are not aware of your tax situation then a good accountant or tax specialist might be worth the time and effort. There is the ability to earn around £11,000 per annum from your investments BEFORE you pay any CGT so again each of our clients must examine their own personal tax liability before making the decision on which items to purchase.
If we can be of any further help or you need any clarity on this please don’t hesitate to contact us on [email protected] or 0121 355 0620. We cannot give you any formal investment advice but we can help in choosing which the right product for your particular circumstances. Our product advice is free and our knowledge is the result of a combined 70+ years in the jewellery coin and bullion business.