Discounts for Sovereigns and Britannias
We offer discounted prices for large volume orders of gold Sovereigns and gold Britannias. Our buy gold page displays discounts for packs of 10 coins and we are able to offer further discounts through our bespoke services team, for orders of £100,000 or more.
Gold Sovereigns vs ETFs
There is a growing trend in our clients deciding to transfer some funds from Exchange Traded Funds (ETFs) into gold sovereigns and gold Britannias, in order to take advantage of the capital gains tax free status of these specific types of bullion coins.
Although coins generally trade at a higher margin than gold bars, many clients consider the tax benefits of sovereigns and Britannias outweigh this extra margin cost in the long term, especially if they believe that gold will continue to show the significant price increases that have been experienced over the last 10 years.
Tax Free Gold Storage
GoldMadeSimple has established a comprehensive network of wholesale suppliers, including the Royal Mint, so that clients now have easy access to large quantities at low rates, with options for delivery or secure storage and insurance in Via Mat International vaults in London and worldwide (including Germany, Switzerland, USA, Hong Kong).
Tax Free Gold HMRC Wording
The relevant extracts from the HM Revenue and Customs (HMRC) website are:
http://www.hmrc.gov.uk/manuals/cgmanual/cg78308.htm and http://www.hmrc.gov.uk/manuals/cgmanual/CG12602.htm
CG78308 - Foreign currency: coins: legal tender
Sovereigns minted in 1837 and later years and Britannia gold coins are currency but, like all sterling currency, are exempt because of TCGA92/S21 (1)(b).
Independent Financial Advice
We are specialists in providing gold bullion products and storage services and do not give financial advice. We recommend that you contact an FSA approved financial advisor before making any investment decisions.