Gold coins

thomson_adam

Hello all
i am considering buying some gold coins. I have been looking at the 2022 Britannia coin

I was wondering if anyone one on here invests and could recommend a reputable place to buy  

Albermarle

This is the only one I can remember, but there are others .
Buy Gold & Silver Bullion Coins & Bars | UK Coins | Chards

ColdIron

These are all reputable vendors

https://www.chards.co.uk/
https://www.bairdmint.com/
https://atkinsonsbullion.com/
https://www.bullionbypost.co.uk/
https://www.hattongardenmetals.com/

thomson_adam

Hello coldiron
thanks for the post , have you bought from any of the above 

ColdIron

I've used Baird and Chard but not for quite a few years

plumb1_2

I have used Hatton garden metals a few years ago, buying 2nd sovereigns, cheaper than new. As gold is gold, unless you’re buying a low mintage coin that will increase in value above the gold price.
never buy from the royal mint vastly over priced.

CRAIGSVILLE1

I bought All my gold + silver over the years from goldsilver.be  ( over 1000 Oz - 90% silver ). I found them to be a lot cheaper than in the UK at the time, and with a quick look on their website, they still look cheaper, even with delivery charge to UK.
I don't know what they are like coming through customs now , since leaving EU , but I was never charged any VAT / custom charges over a 5 year period before leaving.
You could email them to find out if this is still the case? 

nick1234

 I buy from most of those mentioned above, chards, hatton gardens and sharps pixley and usually the best.  

bugbyte_2

Used Hatton Garden and Atkinsons buying 2nd hand Krugerrands

I have a slightly unusual take on gold for here. IMHO it negatively correlates with most stocks and shares so I keep 4% in gold which I would sell if I needed to draw down 4% of my portfolio in a stock market crash - Gold is my hedge. Most people advocate using bonds for this but of late bonds have correlated with stocks and if interest rates rise they will devalue. Gilts aren't for me, may as well put them in N S and I premium bonds and hope for the £1 mill!

Albermarle

bugbyte_2 said:

Used Hatton Garden and Atkinsons buying 2nd hand Krugerrands

I have a slightly unusual take on gold for here. IMHO it negatively correlates with most stocks and shares so I keep 4% in gold which I would sell if I needed to draw down 4% of my portfolio in a stock market crash - Gold is my hedge. Most people advocate using bonds for this but of late bonds have correlated with stocks and if interest rates rise they will devalue. Gilts aren't for me, may as well put them in N S and I premium bonds and hope for the £1 mill!

For this purpose you do not need to buy physical gold , a gold ETF would be cheaper and easier .

Only really if you think the financial system could collapse totally is there a need to actually buy the metal itself.

bugbyte_2

Only really if you think the financial system could collapse totally is there a need to actually buy the metal itself.

Thats the one. No reason to think at the moment that in sunny England things could get that bad but history shows all civilisations take a beating at one time or another. Or the rapture may come