Gerrards Bullion - Your guide to investing in gold and silver

11 Advantages of coins High liquidity and flexibility Coins can be sold individually, making them easier to trade in smaller amounts. Recognised bullion coins are trusted and widely tradable worldwide. Potential collectible value Some coins gain value beyond their metal content due to rarity, historical significance or design appeal. Examples include Gold Britannias and Sovereigns. Tax benefits in the UK UK legal tender coins such as Sovereigns and Britannias are exempt from Capital Gains Tax (CGT) and are also VAT-free. Accessible purchase sizes Coins are available in various weights, including fractional sizes such as 1/10oz, making them suitable for gradual investment. Disadvantages of coins Higher premiums Design, minting, and collectability add to the cost, meaning you get slightly less metal for the same money compared to bars. Bulkier for storage in large volumes Holding a high total value in coins can require more storage space than bars. Potential physical wear Circulated coins can experience minor wear, which may affect appeal or resale value for collectors. Which should you choose? Bars are generally better for: • Large, long-term investments • Lower-cost entry per ounce • Streamlined, stackable storage Coins are generally better for: • Flexibility in buying and selling smaller amounts • Gaining additional value from collectability • Making the most of UK tax exemptions