Five Best Gold Bullion Coins for UK Investors
Gold bullion coins have long been a popular choice for precious metals investors here in the UK and are believed to be an excellent way to provide a stable investment in times of economic uncertainty. But which gold coins are the best to own? The following guide lists five of the most popular gold bullion coins with UK investors.
1. UK Gold Sovereign Coin
Since it was first introduced in 1817, The Royal Mint’s gold sovereign coin has remained one of the most popular and recognisable coins in the world. One of our best-selling products, sovereigns are popular with investors due to their convenient small size, and due to them being legal tender in the UK, they are exempt from Capital Gains Tax (CGT).
- Manufacturer: The Royal Mint
- Weight: 7.98 grams
- Fineness: 22ct gold (contains 7.32g of pure 24ct gold)
- Tax status: VAT free and CGT exempt
2. UK Britannia 1oz Gold Coin
The 1oz coin has remained one of the world’s most highly traded gold coins since its inception in 1987. Like the sovereign, the Britannia is also exempt from both VAT and Capital Gains Tax, allowing UK investors the freedom to invest & sell as many or as few of these coins as they require, as and when they need, without paying tax on any profit they make. The new 2021 coin also features ground-breaking security features, making the gold Britannia harder to duplicate and ensuring its popularity with investors.
- Manufacturer: The Royal Mint
- Weight: 1 Troy Ounce (31.10 grams) – fractional sizes are also available
- Fineness: 24ct gold (pre-2013 coins were produced in 22ct gold)
- Tax status: VAT free and CGT exempt
3. Krugerrand 1oz Gold Coin
Struck by the South African Mint since 1967, the gold Krugerrand coin has a rich history behind it. Now one of the world’s most beloved and recognisable coins, the Krugerrand was seen as the world’s first ‘bullion’ coin, as it was the very first coin not to feature a currency denomination and was designed for the hard-working population who wanted to preserve their savings.
- Manufacturer: South African Mint
- Weight: 33.9 grams
- Fineness: 22ct gold (contains 1 Troy Ounce of pure 24ct gold)
- Tax status: VAT free
4. American Eagle 1oz Gold Coin
First released by the United States Mint in 1986, the American Gold Eagle coin is America’s most popular bullion coin and remains one of our best-sellers each year. Featuring the ‘Lady Liberty’ design, these coins are guaranteed by the U.S. government to contain the stated amount of fine gold, and by law the gold must come from the USA.
- Manufacturer: United States Mint
- Weight: 33.9 grams – fractional sizes are also available
- Fineness: 22ct gold (contains 1 Troy Ounce of pure 24ct gold)
- Tax status: VAT free
5. Canadian Maple Leaf 1oz Gold Coin
First struck in 1979, the gold Canadian Maple bullion coin remains an extremely popular coin and is one of our biggest sellers every year. Featuring the iconic national emblem of Canada, the maple leaf, the coin is the official gold coin of Canada and is produced from gold which has been extracted from Canadian mines. Newer maple coins also feature security features, including radial lines and a micro-engraved year-date, making them harder to duplicate and ensuring their popularity with investors.
- Manufacturer: Royal Canadian Mint
- 1 Troy Ounce (31.10 grams) – fractional sizes are also available
- Fineness: 24ct gold
- Tax status: VAT free
This blog represents one person’s opinion only. Customers should conduct their own research and take advice before making an investment. We do not offer investment advice.