The Nugget is the Australian one ounce 24 karat gold coin, first produced in 1986.
Coins whose prices depend more on their rarity, condition, dates, and mint marks than on their gold content alone.
A collector and student of money, especially coins. Numismatic refers to coins of a more historical and collectible nature.
Obverse is the front of a coin, usually consisting of the image of one or more people. The reverse is the rear of the coin which often features a picture or design.
Ownership of gold or silver which isn’t tangible. Examples are Electronic Traded Funds (ETFs), mining shares, precious metals funds.
The Philharmonic is the Austrian one ounce 24 karat gold coin, first produced in 1989.
Real gold and silver which can be touched and held. Common forms are bars, coins and jewellery.
An arrangement whereby the investor’s precious metals are held by a third party and mixed in with those of other investors. It is common practise for pooled accounts to actually contain less precious metals than it should.
The additional cost of a gold or silver coin or bullion over and above the spot gold/silver price, including the costs of fabrication, and distribution. Rare coins carry an additional premium called numismatic value which is based on scarcity, quality, demand and intangible factors.
Each Proof coin is carefully inspected throughout the manufacturing process to make sure that only perfect specimens are issued. Proof coins are usually of limited issue, and often have employ different minting techniques to produce a highly polished mirror finish to the field (background) and a matt finish to the raised features.
Bullion coins that have not been certified or encapsulated
A safe haven asset is where people typically invest in times of political turbulence or uncertainty. Gold is known as the ultimate safe haven.
Your gold/silver coins or bars are kept apart from other investor’s precious metals. Just as importantly the gold/silver does not fall onto the balance sheet of either the dealer or the storage facility. This means that in the event of either another investor, the dealer, or indeed the storage company itself going bankrupt, your precious metals are fully protected and cannot be touched by creditors.
A Self Invested Personal Pension (SIPP) is a UK retirement plan offering the investor the widest possible choice of investments. Investors are able to obtain a discount of up to 50% through tax relief as gold bullion is the only commodity to qualify for a SIPP.
The Sovereign is a British coin weighing 0.2354 oz and was first produced in 1489.
The difference between the bid and ask price (ie the price where we would buy or sell the gold/silver).
A standard of silver defined by law as 925 parts pure silver per 1000 parts overall. Sterling silver is the principal standard in the UK and USA.
An asset which is tangible, i.e. is capable of being felt or touched, something which has real substance and is not imaginary. Hence the name of our Company, Physical Gold.
The standard weight in which gold and silver are quoted in the international market, weighing 31.1035g.
A tax added to certain products and services at sale. The percentage is currently 20%. There is no VAT to pay when you buy investment grade gold coins or bars. This is a great advantage over silver and platinum, both of which generally attract VAT. You’re now able to also buy physical silver through Physical Gold Ltd without being charged VAT.