Antiques and collectables for the discerning collector
Investing in Gold Sovereigns
At Ogled Antiques, we also stock investment gold that is sold at a small mark-up on the current London gold spot price. The face value of a British Gold Sovereign is £1. But the real calculation of a Sovereign is calculated by multiplying its gold content and the current gold spot price.
The various denominations are as follows with differing weights and values:
Quintuple Sovereign
Double Sovereign
Sovereign
Half Sovereign
Quarter Sovereign
Why should you invest in Gold Sovereigns?
A diversified investment portfolio is regarded as necessary for long term security. It is one of the best ways of providing insurance against a potential financial crisis.
For a truly diversified portfolio, investing a proportion of your assets in gold makes a good choice. Although gold prices are always fluctuating, they tend to adjust themselves in the longer term to give you secured returns.
Many of these coins are rare, which means they also have the potential to further increase in price. The best part, however, is that these can also be bought at bullion prices.
You can save on to tax by investing in gold. There are certain coins that are exempt from VAT. Post 1837 British sovereigns and Britannia coins, being legal tender, are also exempt from Capital Gains Tax (CGT). The exception to this is a coin bought as an investment that is sold for more than 180% of its gold-value content, is then subject to VAT being a collector’s item.
Besides their investment benefit, many of these coins are also scarce and have an aesthetic value and historical significance about them.
There is no issue with liquidity in most countries in the world with gold coins and British sovereigns being the best way to invest in gold.