Gold£2,981.71 Log in

Live gold price£2,981.71

Gold Tier Advisory

Gold:£2,981.71/oz

Gold Coin Guide

Gold & Tax

Gold and Inheritance

Gold coins are one of the oldest things families pass from one generation to the next. Here is how they are treated when the time comes.

Last reviewed October 2026

In short: Physical gold forms part of your estate for Inheritance Tax like any other possession. Its strengths are practical: coins are simple to value, simple to divide and simple to pass on. UK legal tender coins are also exempt from Capital Gains Tax for UK residents, which gold bars are not.

How Inheritance Tax treats gold

There is no special Inheritance Tax exemption for gold. Coins you own at death are valued at market price and counted in your estate alongside your other assets. Inheritance Tax is generally charged at 40 percent on the value above the available nil-rate bands, which is why gold coins belong in your estate planning conversation.

Gifting coins during your lifetime

Many owners pass coins to children and grandchildren while they are alive. Gifts to individuals are generally treated as potentially exempt transfers: survive seven years from the gift and it falls outside your estate. Because Britannias and Sovereigns are exempt from Capital Gains Tax for UK residents, gifting them does not create a Capital Gains Tax bill either.

Why coins are easy to pass on

Coins divide naturally between family members, one for each grandchild if you wish. A Sovereign given today is the same recognisable coin in fifty years. Keep a simple record of what you own and where and tell your executor.

Read more: Gold and trusts · How to store gold

This page is general information, not tax, legal or financial advice. Inheritance planning depends heavily on individual circumstances. Please speak to a qualified adviser or solicitor about your own position. The value of gold can go down as well as up.

Thinking of passing coins on?

We help families buy gold coins with everything documented properly.

Call 0208 064 0076 Get the free Gold Coin Guide

COMMON QUESTIONS

Frequently Asked Questions

Clear answers to common questions about physical gold ownership, delivery, storage and getting started.

Is physical gold exempt from Capital Gains Tax in the UK?

UK legal-tender gold coins, such as Gold Britannias and Gold Sovereigns, are exempt from Capital Gains Tax for UK residents. This makes them one of the most tax-efficient ways to hold physical gold.

How do I get started?

Getting started is simple. Book a free call with one of our specialists or request our free Gold Coin Guide. We'll explain how ownership works, answer your questions and help you choose the right coins for your goals.

Do I actually own and receive the gold?

Yes. Every coin you buy is owned outright by you. We deliver it to your door, or we arrange fully insured vault storage in your name. Your gold is never pooled, so you keep full, private ownership of a physical asset.

How is my gold delivered?

All orders are shipped using fully insured, tracked and signed-for UK delivery. Your gold is discreetly packaged. Delivery times vary by coin, so we'll confirm your date when you order. Most orders arrive within 3 to 5 working days.

Can I sell my gold back to you?

Yes. We offer buyback on the coins we supply, at a fair market rate, whenever you decide to sell. Because Britannias and Sovereigns are widely recognised, they stay highly liquid and easy to sell.

How are your prices calculated?

Our prices follow the live gold spot price plus a small premium that reflects minting costs and product availability. Prices update through the day in line with the market, so you always pay a fair, current rate.

WhatsApp us 24/7

★★★★★

Rated Exceptional by our customers

See all reviews

Gold market insights, straight to your inbox

Join our list for gold market updates, new coin releases and educational guidance. Unsubscribe anytime.

Gold Tier Advisory is a private gold dealer stocking UK legal tender gold coins across a wide range of weights, denominations, designs and series, from Britannias and Sovereigns to Queen's Beasts, Tudor Beasts and other UK issues, in both loose bullion and independently graded form. Gold Tier Advisory are specialists in NGC graded gold coins, with a wide range of NGC certified UK gold coins including graded Sovereigns, graded Britannias and graded Queen's Beasts, sealed in tamper-evident slabs with a certified grade and certification number. Gold Tier Advisory also buys UK gold coins, that were not originally purchased from the company.

Gold Tier Advisory Limited sells physical gold coins and provides general information about physical gold ownership. Nothing on our website or in our materials is an offer, recommendation or advice to buy or sell any investment. We deal only in physical precious metals. We do not offer options, derivatives, futures, shares or any other securities or regulated financial products. The value of gold can rise and fall, and past performance is not a guide to the future. Prices reflect the live market at the time of your order, so the amount you receive on any future sale may be more or less than you paid. Physical gold should be viewed as a long-term holding. Gold Tier Advisory Limited is not authorised or regulated by the Financial Conduct Authority, and physical gold coins are not "specified investments" under the Financial Services and Markets Act 2000. We do not provide tax, legal or investment advice, and no member of our team is authorised to do so. Any general information we share, including on Capital Gains Tax exemption for certain UK legal tender coins, is for context only and depends on your circumstances. If you are unsure whether physical gold suits you, please seek independent financial, tax or legal advice before buying.