Platinum as an Investment
First the Bad News
Investment gold is exempt from VAT, for further information about investment gold please see our "What is Investment Gold" page. Platinum however is not exempt from VAT. Many people ask us why not. A better question would be "Why should it be?". Almost everything in the UK and EU is subject to VAT, although there are many exceptions. Perhaps because investment gold is now exempt, people think that all other metals such as silver, platinum, and palladium should also be exempt. Sadly this is not the case.
Some Good News
We do deal in platinum coins. As you are now looking at our "Tax Free Gold" website, you wouldn't expect to find platinum here, but you can find platinum coins at our original website.
Secondhand Platinum Coins
We also get a small number of second-hand platinum coins, both collectors' coins and bullion coins, although we get far more demand for them than we can supply. Most second-hand goods can be resold under a special scheme whereby the only VAT payable is on the dealers margin, and therefore almost negligible.
1978 Royal Mint 25th Anniversary of Queen Elizabeth II Platinum Medallion Reverse
1982 South African 100 Years of Electricity One Ounce Platinum Medallion Obverse
Bullion Coin Selector Page