Best way to buy Gold bars or coins?

nrsql

Seems that coininvestdirect is preferred over chard.
What's the minimum amount for free shipping? They only quote for Germany.
From the above post it sounds like £2500 is the min (but I'm guessing postage wouldn't be too much anyway).

Would the Brittanias be best value?
Chard has a "our choice bullion coins" which is easy.

tommy75

Was thinking of buying a few of these..
http://www.coininvestdirect.com/main.php?a=11&id=213



in my dreams. :rolleyes:

100kg coin? Really? Wouldn't be playing much heads or tails with it.

bery_451

tommy75 wrote: »

Was thinking of buying a few of these..
http://www.coininvestdirect.com/main.php?a=11&id=213



in my dreams. :rolleyes:

100kg coin? Really? Wouldn't be playing much heads or tails with it.

lol 100kg. At the moment I can chest bench 60kg at the gym. This coin would be good to work out with when i get to the 100 mark.:D

sabretoothtigger

Must be 100 kilo of coins, enough to sleep on

Hanks6

minimum is £2500 for free shipping. its only about £8-£10 anyway but if you ultimately want the gold then why not cut as many costs as possible.

last few days of trading the coins came down a bit, surprisingly. more to do with sterling picking up a bit i think as gold hasn't stopped its charge against the dollar.

my own pick right now would be the '09 maple leafs @ £668. this represents great value and you'll be getting shiny new coins

sabretoothtigger

Not much point if the tax free britannia is the same price, if gold hits 5k best to have those

Hanks6

they are about £20 more. tax free though? sounds like there's something in relation to selling them that i'm not aware of.

would you be so kind to explain? cheers.

sabretoothtigger

British currency is not subject to cgt even when its gold apparently

Hanks6

yes! just started to read up on that. that's an important thing to consider as i'm gonna get a fair bit of gold.

capital gains allowance is about 10k as far as i can see, so potentially if gold did go up in value massively and you sold a decent amount in one year - the profits you made over the cgt allowance would be taxed at 18%. is that right?

thanks for bringing that up, although i will still get a few other coins closer to the spot price, especially the smaller denominated ones. bring on the britannias :cool:

sabretoothtigger

Sounds right, it scales up I think. CGT is complicated to me, im not sure when or if indexation kicks in but I do know your first personal residence and also classic cars are free from any tax hence why I hear of a 4 million buggati sale recently I guess

If you start storing such valuable items in your home, it probably needs to be listed on insurance also though another thread mentioned a shoebox deposit box in a bank only costs 50 a year, lucky you if you want to buy more coins then that