Precious metals have seen an increase in consumer interest and investment activity during the last 12 months; a period in which gold has hit 21 GBP all-time highs and 33 USD all-time highs.
Solomon Global, a specialist supplier of LBMA-approved gold and silver bars and coins, tells us they have seen a 15% rise in sales since January 2024 as investors seek stability, protection from inflation and portfolio diversification against the current backdrop of economic and geopolitical uncertainty.
Gold tends to be inversely correlated with other commonly held assets and is particularly appealing to investors and collectors due to being VAT-free (for those based in the UK). Legal tender gold and silver coins also benefit from being CGT-exempt, which makes them a popular option.
The five best-selling gold and silver assets
1. The Tudor Beast series (series of 11 coins with five released so far) 1 oz gold coins each coin only minted to 10,000
The Tudor Beast gold coin series is a strong choice for savers and investors due to the combination of gold’s inherent value, the series’ historical and numismatic importance, limited availability, liquidity, and trust associated with the Royal Mint. These factors create both short-term stability and long-term growth potential.
2. The Liberty and Britannia (only 11,000 minted)
The Liberty and Britannia one-ounce gold coins are ideal for savers and investors because they offer a secure store of wealth, global recognition, legal tender status, and high liquidity. Their intrinsic value is underpinned by the price of gold, while their historical and artistic significance adds an extra layer of appeal to collectors. Whether seeking to hedge against inflation, diversify a portfolio, or own a tangible, long-term asset, these coins are a great choice. Produced in the first-ever collaboration between the Royal Mint and the United States Mint.
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3. The Queen’s Beast Completer 1 oz gold coin (only 10,00 minted)
One of the most highly sought-after coins in recent history, the Queen’s Beast Completer one-ounce gold coin is a great purchase for both savers and investors because it combines the intrinsic value of gold with historical significance, artistic beauty, and potential collectability. Its limited mintage, connection to British royal history, and the fact that it concludes a highly sought-after series (The Queen’s Beast) make it special. Whether seeking a secure way to preserve wealth or a unique collectible with long-term appreciation potential, the Queen’s Beast Completer stands out as a smart and unique investment.
4. The KC III 2024 Britannia 1oz gold coin
The 2024 Britannia one-ounce gold coin is a great purchase for savers and investors due to its intrinsic value, advanced security features, global recognition, and legal tender status. Its combination of gold’s role as a safe haven, the tax benefits in certain jurisdictions like the UK, and the iconic, collectible design make it an attractive choice for those looking to preserve wealth, diversify portfolios, or acquire a coin with both investment and numismatic appeal. Its security, liquidity, and aesthetic qualities enhance its status as a smart and special investment. Produced by the Royal Mint.
5. The 2024 Silver Britannia KC III 2024
This is a favoured option in the silver market, appreciated for its high liquidity and low premium over the spot price. Buying a silver Britannia is a cost-effective way to acquire silver bullion for investment purposes; this particular coin costs a very modest £33.00 per ounce. Produced by the Royal Mint.
“Gold, with its historical significance and enduring appeal, has consistently been the ultimate safe-haven asset. Over the last 20 years, it has averaged over 10% per annum. Silver, however, is more volatile and high risk – as its price is also influenced by industrial demand – but offers greater potential for price appreciation,” said Matthew Jones, Precious Metals Analyst at Solomon Global. “Investors are increasingly turning to gold as a hedge against economic uncertainties. This trend drives robust sales of gold and silver bars and coins, particularly among those seeking long-term wealth preservation.”
Gold prices are predicted by many market commentators – including Solomon Global – to keep rising this year and beyond. Aside from supply and demand economics, record-breaking gold purchases from global central banks continue, as does geopolitical instability and market volatility. Increasing concern around US debt and the continual over-printing of currency are other factors influencing optimistic forecasts for the precious metal.
