Buying gold isn’t just for heavyweight investors. With Signature Gold™ you can put your money into gold with prices starting at just £20
‘Gold standard’, ‘worth its weight in gold’… our appreciation of gold is embedded in our culture and the language we speak. But for most of us, gold isn’t something we think about owning as a commodity – especially if we don’t have a lump sum or large disposable income to invest.
The Royal Mint’s Signature Gold™ makes gold accessible to more people than ever before. From only £20, you can own part of a 400 oz gold bar – perhaps the most cost-effective physical format for gold – that will be stored in The Vault™, The Royal Mint’s on-site precious metal storage facility. Find out how Signature Gold™ works.
Here are 5 reasons to buy Signature Gold™
|1.||It’s affordable and easy to budget for Unlike coins or Royal Mint Refinery bars, Signature Gold™ is apportioned by value, not by weight – so you get straightforward, transparent pricing. It’s easy to see at a glance how much you need to pay, and you can spend as much or as little (over £20) as you choose.
Signature Gold™ comes in the form of large 400oz gold bars, without the need to cut or shape it into smaller quantities, so there are economies of scale that are passed on to you. The prices are worked out to the nearest 0.001oz, so you’ll know you’re getting up-to-the-moment rates when you buy or sell your gold.
|2.||It’s secure and straightforward Unlike other types of gold that you would physically take delivery of – and have to think about storing and insuring – Signature Gold™ is always held securely within The Royal Mint’s purpose-built precious-metal storage facility, The Vault™. There are no extra arrangements to make to keep it safe. You own your Signature Gold™ and have full legal title over it, so there’s no third-party risk involved, but The Royal Mint is custodian of the gold and it is stored in The Vault™. It’s reconciled and accounted for daily, and is guarded by trained security staff 24 hours a day. It’s hard to beat that sort of peace of mind.|
|3.||There’s no VAT to pay (for individuals) Signature Gold™ is VAT-free for non-VAT registered individuals (that’s most people who don’t run a business). VAT normally makes up 20% of purchase prices for goods and services.|
|4.||It’s an enduring asset for you and your family For the price of a takeaway, new pair of trainers or trip to the cinema, you can own something that will endure for a lifetime and long into the future. Knowing your Signature Gold™ is tucked away in The Vault™, you can build on it with regular additions, or leave it over time to pass on to others or revisit in the future.|
|5.||It’s incredibly easy to buy and sell If you thought online shopping was simple, you’ll love how easy it is to buy and sell Signature Gold™ online. Just open an account, transfer in funds and you can use your balance to buy Signature Gold™ in whatever quantity you choose – 24 hours a day, 7 days a week, 365 days a year. Whenever you log in, you’ll see the current value of the Signature Gold™ you’re holding on your account dashboard. From there, you can also consult an up-to-the-moment pricing page and if the market conditions suit you, sell your gold to receive the proceeds back as part of your account balance.|
Signature Gold vs. other types of gold ownership
|Signature Gold||Gold coins and bars||Gold ETFs|
|Available at a wide range of price options from £20||✔||✖||✖|
|Gold is owned by you, not owed to you||✔||✔||✖|
|Capital Gains Tax free||✖||✔ (for coins)|
|Stored at the Vault for a small management charge||✔||Depends on options chosen||✖|
|999.9 fine gold||✔||Depends on options chosen|