I've never bought these before, good price or nah? https://www.sterlingcurrency.com.au/australian-200-gold-coins-1980-1993-0.2947-ozt-agw
I can recall being at school in the 80s and a kid had one that his parents brought for the commonwealth games. Then I was astounded that anything that small could be worth $200. Now I can’t believe you could buy one for only $800. A rum and coke is 8-9x more expensive!
No GST on bullion, the 200 isn't a bullion coin. To be precious metal, the object must be a metal of gold, silver, or platinum meeting a minimum fineness. A New Tax System (Goods and Services Tax) Act 1999 (GST Act) defines precious metals as: *gold (in an investment form) of at least 99.5% fineness *silver (in an investment form) of at least 99.9% fineness *platinum (in an investment form) of at least 99% fineness I like the $200 gold coins; from memory they were released prior to Capital Gains Tax in 1985 and as such, if you have proof of purchase there's no CGT for the those folk who have the original coin and original receipt prior to 20 September 1985. All assets you’ve acquired since capital gains tax (CGT) started (on 20 September 1985) are subject to CGT unless specifically excluded. https://www.ato.gov.au/general/capital-gains-tax/cgt-assets-and-exemptions/#collectables