Bristol, England (PRWEB UK) 17 November 2012
A company spokesperson for http://www.BullionUK.com explained: “In these times of economic uncertainty, an increasing number of people are turning to gold as a stable investment. The Royal Mint has recognized the need to increase its presence within the marketplace and to offer investors the chance to purchase British gold coins of the highest possible standard of purity. Gold Britannia's are easily traded and are not subject to capital gains tax (CGT), making it a very attractive investment option.”
Other British gold coins must conform to standards set by the coin act of 1816; the The 2013 British Gold Sovereign contains 0.235420 troy ounces of pure gold and measures 22.05mm in diameter. The reverse depicts St. George the dragon slayer and the obverse shows a portrait of Queen Elizabeth II.
The 2013 Gold Britannia Coin, denominated £100, contains one troy ounce of gold. It is also available in denominations of ½ ounce, ¼ ounce and one tenth ounce with face values of £50, £25, £10 respectively. The reverse of the coin depicts the traditional design by Philip Nathan of the elegant figure of Britannia with a Corinthian helmet, trident and shield. The obverse shows a portrait of Queen Elizabeth II.
The first Britannia gold coins were minted in 1987 and the new coins may have a different hue due to the higher purity. They weigh less than previous coins issued within the Britannia gold bullion program as the gold will not be alloyed with additional metal.
The spokesperson continued: “Here at BullionUK.com, we are very excited about the launch of the new gold coins. The Royal Mint has addressed the need to compete with the world leaders in bullion production and we are delighted to be able to promote their new strategic direction”.
BullionUK.com carry a large stock of gold Britannia's and Sovereigns and are able to offer discounts. The company also buys back gold bullion at 100% of the spot price. Visit http://www.bullionuk.com for further information.