How to Buy Gold Coins and Bars

Gold Sovereigns

Sovereigns are a smaller, more attractive, more historic, and probably better known coin than Krugerrands. Therefore, we believe it is worth paying a slight extra premium over and above Krugerrands, to buy sovereigns. If you can buy sovereigns for about 2% differential above Krugerrands, we believe this makes them a better long term buy. Currently, for investors buying at least 50 sovereigns, the differential above Krugerrands is under 2%, sometimes as low as 1%, and this makes them our first choice. Naturally this is slightly subjective, and reflects our personal opinion. Consider though that if you were to buy sovereigns at our 100 piece rate, you could resell them privately in singles at 10% profit, and they would be very competitively priced. You could not make the same claim for Krugerrands.

Sovereigns also have the advantage of being exempt from C.G.T. (Capital Gains Tax) in the UK.

Current Best Deals On Sovereigns

Krugerrands

Krugerrands are the best known of all the modern one ounce gold bullion coin. They are available in greater quantities, and they can generally be bought at lower prices than any other one ounce bullion coins. This fact alone makes them one of the best 1 ounce bullion coins to consider purchasing. True they are not particularly attractive, and don't possess much in the way of historical interest, but their production quality is consistently high, and they are a very cost effective way for small investors to buy gold. They are also easy to compare prices of, as they contain exactly one ounce of fine gold. 

Current Best Deals on One Ounce Gold Coins

Gold Bars

Although, at a quick look, gold bars may seem the cheapest way to invest on physical gold, there are some points worth noting, and some drawbacks. Our price for a single one ounce bar is usually exactly the same as for a single one ounce Krugerrand. Buy two Krugers though, and our quantity price breaks make Krugerrands cheaper, and therefore a better buy. Also while it is true that larger bars, such as one kilo sell for a lower percentage premium than Krugerrands, they are not as easy to resell. Only a specialist gold dealer is likely to give you a good purchase price for gold bars, and then often with less enthusiasm than for Krugerrands, sovereigns, or other highly marketable coins. This restricts your choice of buyer, and most dealers would expect to pay slightly less for gold bars than for coins, expressed as a percentage of their intrinsic gold value.

If you buy large bars such as one kilo, it is not very convenient if you decide to sell a portion of it. For very large investors, it may be worth considering London Good Delivery Bars. However, despite the fact that they are usually quoted as being 400 ounce, or 12.5 kilo, bars, there is a large tolerance in their permissible weight range, from 350 to 430 ounces. There is also tolerance allowed in their purity, the minimum being .995 or 99.5% pure. Most "small" bars are .9999 purity or 99.99%. Because of these factors, 400 ounce bars are usually only traded between governments, central banks, and major bullion banks, and other professionals.

Current Best Deals on Gold Bars

Lowest Price Bullion

You can view all of our best priced products in our best value section. Please note, you will be given our choice of date and mint (if applicable). You can achieve even lower premiums by buying larger gold bars in larger quantities.