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Are 1/10oz Gold Coins Worth Buying?

Published by Tavex Analysts in category Precious Metal Information Guides, Tavex News on 30.10.2023
Gold price (XAU-GBP)
2,086.54 GBP/oz
  
+ GBP11.76
Silver price (XAG-GBP)
23.50 GBP/oz
  
+ GBP0.49

Have you ever considered the value of precious metals displayed in the Royal Mint or jewellery stores? Specifically, the 1/10oz gold coins? These aren’t legendary treasures, but rather the intricate gold bullion coins that many people consider for their investment portfolios. Dive with us to learn about these hidden gems and make an informed purchase decision.

Why Do People Purchase Gold?

Buying Gold

For centuries, gold has served as a beacon of stability. It is resilient, as opposed to volatile stocks. Markets may fluctuate and inflation may rise, but what about gold? It stands tall, a testament to its timeless value.

For centuries, gold has served as a beacon of stability.

Historical Importance

Gold coins have a history that goes beyond their monetary value. Consider the whispers of tales, of monarchs such as His Majesty King Charles III, and of buried treasures.

Specifications of the 1/10oz Gold Coin

Characteristics Physical

The 1/10oz gold coin is not just any coin; it is a meticulously crafted piece that frequently features intricate designs such as those by Philip Nathan. While it is only a tenth ounce of gold, its detail and allure are limitless.

Pricing and Value

The value of these coins is based on the market price of precious metals, which includes the current price of gold plus a certain premium. So, if you’re thinking about making a trade, stay up-to-date.

CGT EXEMPT
2025 1/10oz british britannia gold coin1 In Stock

1/10oz British Britannia Gold Coin 2025

We sell 1+ £232.60 206.39 206,39 206.39 206,39 206.39 206,39 232.6 232,60 232.18 232,18 231.77 231,77
We sell £231.77 206.39 206,39 206.39 206,39 206.39 206,39 232.6 232,60 232.18 232,18 231.77 231,77
We buy £206.39
Compare Alert Add to cart

The Benefits of 1/10oz Gold Coins

Flexibility and liquidity

The 1/10oz coins, a popular bullion product, are well-known in the bullion markets for their liquidity. They provide unparalleled flexibility, allowing you to sell a fraction without having to liquidate an entire ounce of gold.

Affordability

Purchasing gold can be costly. Because of its smaller denomination, the 1/10oz gold coin is a popular fractional gold coin that many people can afford.

Potential disadvantages

Over the Spot Price Premium

Please keep in mind that these coins have a premium. The intricate details minted on such a small coin account for the spot price difference.

Considerations for Size

Their small stature is a blessing and a curse. They’re inexpensive and versatile, but they’re easily misplaced. As a result, always keep them safe.

When Compared to Other Gold Assets

Coins vs. Gold Bars

Although gold bars have a lower premium, coins such as the 1/10 oz gold Britannia have greater liquidity and historical appeal. It is the distinction between history and mere metal. Plus, coins have that historical charm that bars just can’t replicate. Think Jack Sparrow with a gold coin versus Scrooge McDuck with a gold bar. Who seems cooler?

gold bar, valcambi, pamp, bar, gold, 1g,  1 gram In Stock

1g Tavex Gold Bullion Bar

We sell 1+ £75.79 66.69 66,69 66.69 66,69 66.69 66,69 66.69 66,69 75.79 75,79 75.65 75,65 75.45 75,45 75.12 75,12
We sell £75.12 66.69 66,69 66.69 66,69 66.69 66,69 66.69 66,69 75.79 75,79 75.65 75,65 75.45 75,45 75.12 75,12
We buy £66.69
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Various Coin Sizes

While a full ounce is valuable, smaller counterparts such as the 1/10oz add versatility to your portfolio.

Conclusion

Personal Consideration Is Important

Investing in gold is similar to taking a personal journey. Whether you choose the 1/10oz or another size, do your homework. If you do decide to buy, look for sellers who offer insured next-working-day delivery. It all comes down to trust and assurance.

FAQs

Is there a 1/10oz gold coin available from the Royal Mint?

  • Yes, among other coins, the Royal Mint produces the 1/10-ounce gold Britannia.

Is there a tax benefit to purchasing gold coins?

  • Many countries exempt gold coins like the Britannia from capital gains tax. Always check with your local laws.

Are 1/10oz coin prices linked to bullion markets?

  • Yes, their value varies with bullion markets and global gold prices.

When I buy gold, how can I ensure safe delivery?

  • For maximum security, choose sellers who offer insured next-working-day delivery.

Why is there a price difference between the spot price and what I pay for the coin?

  • The distinction accounts for minting, distribution, and dealer profit margins. Always keep up to date.
Gold price (XAU-GBP)
2,086.54 GBP/oz
  
+ GBP11.76
Silver price (XAG-GBP)
23.50 GBP/oz
  
+ GBP0.49

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