Best investment bullion coin, Britannia or Krugerrand?

[Gradius]

Hi all, I'm planning on buying a few 1 ounce bullion coins as an investment but having done some reading up I can't make up my mind on which coins to purchase. I was going to buy some nice new 2017 Britannias but I'm now unsure if they're the right choice.

Should I just go for whatever is closest to spot price such as Krugerrands or are there any other advantages to Britannias other than being cgt free?

[reidpj]

I prefer Krugerrands over Britannias.  So, given my track record in investing, you're probably better to go for Britannias lol

 

This may help:  www.atsbullion.com/latest/2014/10/1oz-gold-coins-krugerrands-vs-1oz-gold-britannias/

[reidpj]

Sorry

 

http://www.atsbullion.com/latest/2014/10/1oz-gold-coins-krugerrands-vs-1oz-gold-britannias/

[BackyardBullion]

If you are going to be investing large sums then Britannia might be better for Capital Gains Tax relief.

Otherwise Krugerrads might be a little easier to sell, but a 1oz Britannia will not be hard to sell at all.

[Gradius]

It was actually reading that article that made me think twice about the Britannias.

Chards are actually about £7 cheaper for Britannias at the moment (if buying 5 or more) than elsewhere, they say they can do this by choosing the dates of 2013 to present day coins. How come this makes a difference to the price? I thought that modern day bullion Britannias were worth the same regardless of date?

[Scuzzle]

Whatever you can get cheapest.

[ApisMellifera]

14 hours ago, Scuzzle said:

Whatever you can get cheapest.

+1 yep I agree. At the end of the day it's personal preference. You can't go wrong if you buy close to spot.

@Gradius Have you considered the Sovereign coin over the Krug?

Some Britannia Years have a unique design or have a lower mintage during a specific year. For example the 2014  design is favoured amongst collectors. So the prices can fluctuate based on the numismatic (collector) value not the bullion value.  

The 2013 version is the "standard" Britannia design. The 2017 celebrates the 20 year anniversary of the Britannia. So the 2017 coin will have some added value for collectors... 

and you are correct; if you looking at a coin from a bullion perspective then yes, it's only worth spot price ( plus premium).

[Gradius]

20 hours ago, ApisMellifera said:

 

@Gradius Have you considered the Sovereign coin over the Krug?

I have indeed. I know it shouldn't matter as it's an investment but I prefer the look of the britannias. I don't know, I might get a britannia and maybe a couple of sovereigns.

[Pete]

A good starting point for valuing bullion gold coins is HGM ( or Atkinsons ).
Today you will receive the same amount of cash selling HGM a Britannia or a Krugerrand.
Buying from HGM however the 1 oz Krug is spot +2% but the Brit is spot +3%

On the assumption that both one ounce coins are valued the same then I would buy the Brit as more attractive than the Krug but that's a personal opinion having stacked both and sold my Krugs but held onto my Brits. If you can acquire a blemish free proof Brit at below 5% over spot then this is a stunning coin by comparison.