What is Investment Gold?
For the purpose of the new VAT exemption, "Investment Gold" is defined as:
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;
A gold coin minted after 1800 that-
is of a purity of not less than 900 thousandths,
is, or has been, legal tender in its country of origin, and
is of a description of coin that is normally sold at a price that does not exceed 180% of the open market value of the gold contained in the coin; or
A gold coin of a description specified in Notice 701/21A Investment gold coins.
As from 1st January 2000, investment gold became exempt throughout the entire EU.
Please be aware that for callers to our showroom hoping to buy Investment Gold we must see two forms of identification. Please see our identification page for further details.