Gold Bullion and Gold Sovereign Coins
In recent years, there has been a surge in interest in buying gold bullion.
The purpose of this site is to cut through much of the clutter & confusion regarding the options, so you can make a better, wiser, decision regarding the different forms of gold which are available to buy.
Buy Bullion Coins - About Us
Buy Bullion Coins is based in South Wales and we accesses a network of suppliers across the UK and Europe. We are family run business, with over 30 years of experience in dealing in bullion coins.
This website enables our customers from across the UK, to purchase from us in a straight forward & secure manner. Because we buy in bulk, we can pass on the savings to you. That means, gold coins at trade prices.
We are committed to offering very competitive margins on all the coins we sell and pride ourselves on our exceptional customer service.
In addition to our great customer service, and exceptional knowledge and experience, we always ship by FREE fully insured next day delivery as standard. This gives you greater peace of mind.
If you wish to sell gold coins to us, then we typically pay 98% of the global spot price on all gold bullion.
If you are new to bullion purchases, or have any questions please give us a call on 07779 461929 and we will be happy to help you.
Informing your decision
Most of the confusion revolves around ‘which is the best type of gold to buy?’ Should you buy Gold Ingots? Maybe Krugerrands? What about Chinese gold Pandas?
Physical Gold Purchases
In its largest quantities, gold is held in ingots (so called,“London Good Delivery Bars”). These typically weigh 12.5kgs or more and are the type you see stored in bullion vaults. Central banks typically maintain gold reserves in this form.
From their sheer size, you can see immediately that they have little relevance to an individual who wishes to buy gold.
For the private purchaser, gold is normally supplied in smaller ingots or the array of gold coins produced by mints around the World.
The first point for any UK based buyer to be aware of, is that, all investment gold is ‘zero rated’ for V.A.T. Meaning, it is ‘VAT free’.
However, not all gold investment products are Capital gains tax free.
Gold ingots and ‘foreign’ gold coins, such as Krugerrands could, in the case of a strongly rising market, potentially incur Capital Gains Tax (CGT).
However, British gold coins do not. These are classed as a “Coin Of The Realm” and are CGT free.
For this reason we recommend that the best way for a UK individual to purchase gold is via British gold coins - and particularly, the gold sovereign.
The gold Sovereign is the most common of the British gold coins, and possesses a market which is highly liquid. This is important, as it means it is easy to resell your coins at a future date. Additionally the coins relatively small size, compared to other bullion coins, makes selling in lower quantities easier.
Indeed trades involving just one coin are routine.
The only drawback to gold sovereigns is that they do trade at a small premium (typically 2%) to Krugerrands. This of course, may seem like a small amount to pay for preventing a potentially significant tax bill in the future.
Gold Sovereigns
Now we have narrowed down the choices, we believe there are two types of gold sovereign for you to consider.
We offer both these coins for sale on this site - the only decision you have to make is which one to buy! (Though we have noticed that over time our customers tend to buy both). The two types are:
- The conventional ‘Bullion’ Gold Sovereign
- Victorian ‘Shield’ Sovereign
Conventional ‘Bullion’ Gold Sovereign
These give you ‘the most gold for your money’, in the Sovereign range, while preserving all the benefits previously described.
Victorian ‘Shield’ Sovereign
These are slightly more expensive than normal bullion sovereigns but offer far greater potential for collector driven demand. This is what American bullion websites refer to as the ‘collector premium’.
The Victorian Shield Sovereigns are the ‘best buy’ in the Gold Sovereign range.
