OVER 57 YEARS IN THE TRADE
Special Offers
Excellent

Newsletter Signup Click Here

Operational Update: We are experiencing issues with our phonelines. While we work to resolve this, you can click to request an urgent call-back and local customers may also wish to book an appointment to use our click and collect service.
« Back to Articles

What Is Investment Gold?

Author: Lawrence Chard - Director and Expert Numismatist

Published: 19 Nov 2018

Last Updated: 25 Nov 2020

Contents↑
  1. Definition of Investment Gold
  2. VAT Exemption
  3. Identification
  4. Further Reading

Synopsis

Gold is always a good investment. "Investment Gold" even has it's own legal definition.

Definition of Investment Gold

What Is Investment Gold 265

For the purpose of VAT exemption, "Investment Gold" is defined as per HMRC Notice 701/21 as either:

(a) gold of a purity not less than 995 thousandths that is in the form of a bar, or a wafer, of a weight accepted by the bullion markets.

(b) a gold coin minted after 1800 that is:

  • of a purity of not less than 900 thousandths.
  • (or has been) legal tender in its country of origin.
  • of a description of coin that is normally sold at a price that does not exceed 180 per cent of the open market value of the gold contained in the coin.

(c) an investment gold coin as specified in Investment gold coins (VAT Notice 701/21A).

VAT Exemption

As from 1st January 2000, investment gold became exempt from VAT throughout the entire EU.

Identification

Please be aware that for callers to our showroom who wish to buy Investment Gold, we must see two forms of identification. Please see our identification page for further details.

Further Reading

You may wish to view all of our articles on our gold guide.

This guide and its content is copyright of Chard (1964) Ltd - © Chard (1964) Ltd 2021. All rights reserved. Any redistribution or reproduction of part or all of the contents in any form is prohibited.

We are not financial advisers and we would always recommend that you consult with one prior to making any investment decision.

You can read more about copyright or our advice disclaimer on these links.

Address

Chard (1964) Ltd
32-36 Harrowside
Blackpool
Lancashire
FY4 1RJ

SatNav Postcode: FY4 1LY

Tel: 01253 343081

Company No: 1378220
VAT No: GB 157 0712 74

Information

Terms & Conditions

Add to basket

Online Account Login

Register

Login

Forgot your password?

Add to your Chards Wishlist

Cookie Policy

In order to provide the best user experience we use cookies to monitor website traffic. By continuing to use our site you are agreeing to our cookie policy.

Request Stock Alert

Enter the quantity you require and we will send you an email when your requested quantity is in stock.

Thank you for signing up

You will shortly receive an email asking you to confirm your signup. Please take the time to read our privacy policy and terms of sale.

Two-Factor Authentication

For added security, we recommend you enable two-factor authentication on your online account.

This helps protect your online account from unauthorised access by asking you to enter a secure code each time you login.

Product Add-ons/Gift Wrapping

Any gift box is supplied with a capsule.

Please note not every product is eligible for gift wrap.

"Silver" gift wrapping - Capsule, coin sleeve wrapped in tissue paper with sticker and gift card - optional customised message.

"Gold" gift wrapping - Capsule, Chards gift box wrapped in paper with sticker and gift card - optional customised message.

"Platinum" gift wrapping - Capsule, Chards Wooden Gift Box, ribbon with gold gift bag (with tissue and sticker) and gift card - optional customised message.

Read more on our page about product add-ons and gift wrapping options.

Sign Up To Our Newsletter

Sign up to our mailing list to be the first to get the latest coin and bullion news, product offers and early releases direct to your email inbox.

Rest assured we do not share your details with anyone else, we promise not to send spam and you can set preferences to only receive emails you're interested in.

Once you click subscribe you will receive an email asking you to confirm your subscription.

Metal Account Balances

Your "Available" balance is the number of troy ounces plus 1% (the premium charged at the point of purchase)

Your "Spot Price" balance is the number of troy ounces previously purchased on account with us. We will buy back the metal on account at 100% of the live price.

The currency values shown are the live price of the total metal you have on account.

Selling Back To Chards

  Sell by Weight Sell by Price
Unallocated Gold
Max value to sell is:
Max value to sell is:
Unallocated Silver
Max value to sell is:
Max value to sell is:
Allocated Gold
Max value to sell is:
Max value to sell is:
Allocated Silver
Max value to sell is:
Max value to sell is:
Prices quoted on the live metal price may fluctuate until your transaction is complete.

Metal Account Purchase

  Buy In Troy Ounces Buy In GBP
Unallocated Gold
Unallocated Silver
Prices based on the live metal price may fluctuate until your purchase is complete.

Metal Account Purchase

  Buy In Troy Ounces Buy In GBP
Allocated Gold
Allocated Silver
Prices based on the live metal price may fluctuate until your purchase is complete.

Add Credit To Your Account

How much would you like to add to your account?

Orderable Product

Orderable products are sourced from our suppliers which are a mix of mints, refineries, bullion dealers, companies and private investors. The products can be brand new or pre-owned. Please call +44 1253 343081 should you have any questions before ordering.

Important Information

Any orders over £50,000 placed outside of 9am - 4pm GMT Monday to Friday can only be placed on the next LBMA Fix.

You can continue to checkout, where you will pay a deposit to secure your order on the next LBMA fix and we will contact you for a final balance. Click here to read more.

Alternatively, you can place a live price order online between 9am - 4pm GMT Monday to Friday. If you wish to receive a call back to place an order click here.