Silver 1 oz Lunar UK Year of the Dog 2018
2018 1oz Silver Lunar Dog Coin
The 1oz Silver Lunar Dog is the latest silver coin design in the Royal Mint’s Shengxiao Collection.
This coin contains 1oz of fine silver.
The coin is designed by artist Wuon-Gean Ho and features a terrier on one side with the inscription ‘Year of the Dog 2018’ and the obverse has the fifth portrait of Queen Elizabeth II by Jody Clark.
Each coin also incorporates the number 8, which is a lucky number in Chinese tradition.
The face value of this coin is £2 and as such, qualifies as legal UK tender, so it is not liable to Capital Gains Tax on any profits made from its sale.
2018 Year of the Dog
Following on from the year of the Fire Rooster, the Chinese year of the Dog will start on February 16th 2018 and will end on February 4th 2019.
The Dog is the 11th zodiac sign of the 12 in the Chinese cycle.
People who are born under this sign are seen as having excellent manners, make and keep friends easily, work hard, are very romantic and make loyal partners.
Each Chinese zodiac year is also associated with an element and 2018 is Earth. This makes 2018 an Earth Dog Year.
The other elements are metal, wood, water and fire.
Our Expert Opinion
The Lunar Dog 1oz Silver coin has proved to be another popular Royal Mint coin. As part of the ongoing Lunar series, it receives strong demand from collectors wishing to complete the entire set.
Globally, demand is boosted from Asia in particular. Countries like China already hold British made goods in high regard doe to high quality and heritage. Combine this with the Chinese zodiac theme, and you have a very highly sought-after silver bullion coin.
The coins also benefit from tax free status due to its face value. This means any profits made when selling the coin in the future will be CGT free, boosting profit margin. For this reason, the coin is highly recommended if your focus is silver investing.
An alternative would be to consider buying Silver Britannias. They may not be limited in issue or part of a series, but they are CGT-free, just like the Lunar Dog. Premiums tend to be lower for Britannias because they’re mass produced, providing more silver for your money.
|Categories:||1oz Silver Coins, Buy Silver, Buy VAT Free Silver, Silver Coins, Collectible Silver Coins, Silver Bullion Coins, VAT-free Silver, Silver Feed Price|
|Tags:||Best Seller, Lunar Dog, Silver Dog, VAT-free silver coins|
|Pure Gold Content (g)||31.103|
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