Gold
Gold has a very special place in human history. It has been
treasured since ancient times and was the first metal used by
humans, with simple gold ornaments among the earliest known metal
objects.
For centuries gold has been coveted for its unique blend of near
indestructibility, beauty, rarity and because of its status as a
universal currency. Perhaps no other market in the world has the
universal appeal of the gold market. Gold is not an investment per
se; rather a form of ‘saving for a rainy day’ or of financial
insurance. It should be stored with a secure third party and should
not be traded.
Gold bullion is the ultimate safe haven asset and a great way, if
not the best way, of ensuring wealth preservation, and for passing
wealth from one generation to the next. Once the solid base or core
holding of gold bullion is achieved in a portfolio then other
investments in gold, such as mining stocks and mutual funds and
other more speculative gold investments, can be considered.
Modern bullion coins and bars
The value of bullion coins and bars is solely determined by the
price of gold and follows the bullion price. Larger bars are not
generally taken delivery of because of the cost of insured delivery
and the security implications of transporting and storing it.
Bullion coins allow investors to own a physical asset of legal
tender.
Gold, silver, and platinum are all available in the form of bullion
coins, minted in the US, in Canada, South Africa, Austria,
Australia, China and other countries. Most bullion coins are minted
in 1/10oz, 1/4oz, 1/2oz & 1oz form (and some can be bought in 2oz,
10oz & 1 kilo). One ounce gold bullion coins such as Krugerrands are
by far the most popular for both small investors and high net worth
individuals who like the divisibility afforded by them.
Buying investment grade gold bullion for investment is stamp duty
free and now tax free (VAT exempt) in the UK and EU due to the EU
Gold Directive of 2000. Semi-Numismatic and Numismatic Gold Coins, or older and rare coins are bought for their precious
metal content and for their rarity and historical aesthetic appeal.
They are leveraged to the gold price which means that the price of
these coins will generally surpass and increase faster than the gold
price in a bull market (due to their rarity and historical and
aesthetic value), and will decrease by more when gold is in a bear
market.
Many investors opt for high-quality pre-1933 gold coins graded MS-65
or better. They are bought by both collectors and investors, and
most investors opt to take possession of these older coins unless
they have invested in significant quantities.
Fine gold - 99.9
All bars supplied from Sempsa
Denomination Description
Premium over fix
1kg
bars SEMPSA produced 1kg bars
5.00%
500g bars SEMPSA produced 500g bars
5.00%
250g bars SEMPSA produced 250g bars
5.00%
100g bars SEMPSA produced 100g bars
5.00%
Gold
coins
6.00% |
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