Investing in fractional silver coins such as the Royal Mint 1/4oz and 1/10oz 2024 silver Britannia’s can offer several benefits. The decision to invest in them depends on your investment goals, preferences, and overall market conditions.
Here are some potential advantages of investing in fractional silver coins:
1. Affordability and Flexibility
Fractional silver coins, such as 1/4 ounce and 1/10 ounce, allow investors to enter the precious metals market at a lower cost compared to full-ounce coins. This can be particularly appealing for individuals with limited funds or those who want to diversify their investments across different denominations.
2. Fractional Silver Liquidity
Fractional coins may offer increased liquidity compared to larger denominations. In times of economic uncertainty or when you need to sell a portion of your silver holdings, having smaller denominations can make it easier to sell exactly what you need without having to liquidate larger, more valuable coins.
3. Barter and Trade
Smaller denominations can be more practical for barter or trade in a scenario where the value of silver is recognised. In times of economic crisis, having smaller units can be beneficial for day-to-day transactions.
4. Fractional Silver Diversification
Including fractional silver coins in your investment portfolio provides diversification. Diversifying across different denominations and types of precious metals can help spread risk and potentially enhance overall portfolio stability.
5. Tax Efficient
UK legal tender coins such as the Britannia are Capital Gains Tax (CGT) Exempt for UK investors. In April 2023, the CGT exempt amount was reduced by more than half to £6,000 per annum. From April 2024, this amount will be halved again to £3,000 per annum.
Browse Britannia Fractional Silver
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