I have the opportunity to bring a few things from Australia back to the UK. Gold is preferred due to tax. I will bnring in some silver though. I was wondering about adding to my stack a few items which would get the best price in the UK whilst being inexpensive here is Australia. I have had a great chat with a very informative and helpful fellow on here (Thanks mate) but thought I would throw this question open for a wider opinion. So, what is going to sell like hot cakes in the UK, preferably with a high premium, which I can get cheep here in Oz Some examples I thought of are the Mini Roo 0.5 Gram carded coins: http://www.perthmint.com.au/catalogue/mini-roo-2013-0-5g-gold-coin.aspx Celebrate Australia coloured proofs http://www.ebay.com.au/itm/2010-Cel...360871859778?pt=AU_Coins2&hash=item5405a39642 and http://www.ebay.com.au/itm/2011-Cel...310885280871?pt=AU_Coins2&hash=item486234ec67 are two examples. Dame Edna coloured proof anyone? lol http://www.ebay.com.au/itm/2006-Aus...310888616880?pt=AU_Coins2&hash=item486267d3b0 Melbourne Commonwealth Games coin? http://www.ebay.com.au/itm/2006-Mel...310689576720?pt=AU_Coins2&hash=item48568ab710 Commemorative Waltzing Matilda silver proof? http://www.ebay.com.au/itm/1995-Sil...310877864290?pt=AU_Coins2&hash=item4861c3c162 I am using the Peter Strich ebay page for examples as his shop is close to me and he is a good bloke! lol Plus it makes it easier for me! Any help would be appreciated. Although I am mainly interested in stacking for myself, it occurred to me if I could make a few quid buying tax free here and selling at a premium there because of rarity, that would be a smart move! Any and all suggestions welcomed, PM me if you want a specific coin that I might be able to bring in for you! Cheers
How about bringing in just the usual lunar bullion coins instead? Are they subject to tax if you enter the UK? I'm actually planning a trip to Europe next month, and was wondering if the silver items get taxed if I bring them in.
Silver is taxed if you bring it in from outside of the EU. There is no tax if you move stuff from one EU country to another. (Legal Tender) yes, because it is still a bullion coin and silver bullion attracts tax. I should be exempt tax because I am a British ex-patriot who is repatriating their normal home and belongings to the UK after living abroad. I should not be charged tax on possessions which I repatriate as part of my house hold. I am hoping that includes my stack! Gold does not get taxed as it enters the UK as it is classed as an investment metal which is tax free. (Why not silver too? I don't know.) That is my understanding of the situation any way!
1937 Sovereign gold set Half Sovereign, Sovereign, Two Pounds and Five Pounds in plush case of issue, aFDC The set sell on UK auction 4400 - 4500 plus 17.5% buyers premium = 5170 - 5287 That is A$ 9584 A$ 9801 http://www.londoncoins.co.uk/?page=Pastresults&searchterm=Proof+Set+1937&category=12&searchtype=1 You can have mine for $ 7400, so nothing to lose even if you give it to the auction house.
It's a kind offer, but way way out of my price range! And only $700 profit, assuming it is in as good a condition and that it sells. Too much gamble for my small stakes I am afraid!
If you don't want to keep it for while no good to buy it. Profit comes from the medium term investment part. The website above is a good guide on price appreciation over time. When time to sell, it is handy to have some gold related investment increase in value while gold prices still down.
I sold it today on Stacks Bowers auction in the US. The buyer with 17.5% premium paid over 16.000 AUD equivalents Nobody wanted it here for 7,400 2 years ago.
There was a set for sale in Melbourne a couple of years ago Everybody wanted the 5 pound only Nobody wanted to pay even $500 over spot for it No it didn't sell
