As the creator and owner of this forum I think DrB deserves a certain amount of control.
As a prolific contributor, I think he just wants a bit of respect - like anyone else.
I heard that any other nominal gold coins with a face value are exempt too. Commemorative proof £5 crowns are my personal favourites (slightly larger than 1 oz coins) and are more desirable / nicer to own IMO than boring bullion. They often offer good value and the following benefits:
- very difficult to fake
- likely to be exempt from confiscation laws
- produced in limited numbers (will always be desirable to collectors)
I'm beginning to think we may have seen an intermediate term top at close to £700 and gold will not make any substantial gains is GBP this year...
Time to start thinking about miners instead maybe? Or is there way to gain exposure to rising $gold using local currency?
The answer to my question may already be in this thread, but to save me trawling through, could anybody tell me...
Are collectable gold proof coins with a face value; i.e 50p, £1, £2, £5 exempt from Capital Gains Tax like Sovereigns and Britannias?