CazLikesCoins

Only the finest flat pack from Argos in my diner. No profit there, unless I can flog it to some retro who wants 1980's mdf in their time bubble. I did think about putting a couple of 1 gram bars away for pension day but the way the buggers are going up I'll be paying enough tax on the profits to cover Gary Lineker for a year by the time I retire, which isn't that far. I thought about half sovs but same thing, who needs enough liquidation in a half sov to buy a fully staffed mansion on a private island 20 years down the line. Maybe not 20 years, maybe 2 the way things are collapsing.  Maybe I should be looking at microns 🤨

Sovereigns! Sov ... you mean the one ring to rule them all???!!!??? THE British full sovereign chased by generations through millennia as the pinnacle of stacking, wealth, and financial fortitude through good times and the bad? 
No 😆
I want a piss poor one grammar. It's my lot in life. 😇

Get yourself a handful of sovereigns. @James32 will treat you kindly.

Only the finest flat pack from Argos in my diner. No profit there, unless I can flog it to some retro who wants 1980's mdf in their time bubble. I did think about putting a couple of 1 gram bars away for pension day but the way the buggers are going up I'll be paying enough tax on the profits to cover Gary Lineker for a year by the time I retire, which isn't that far. I thought about half sovs but same thing, who needs enough liquidation in a half sov to buy a fully staffed mansion on a private island 20 years down the line. Maybe not 20 years, maybe 2 the way things are collapsing.  Maybe I should be looking at microns 🤨

Thanks to all for the comments.
I've got no idea why I've suddenly got a bee in my bonnet about 1 gram bars, but I have and it's stuck lol. Then again I'm also fancying quarter ounce silver Brits, so at least my tastes are affordable. 😆

CGT is accumulative though. Lets say you only have the 1 gram gold bar and decide to sell. You make £10 profit after selling fees. Great no need to inform HMRC. However, you found the gold bar after selling your antique furniture in the dining room. Time has been good to you and you pull your full allowance (£3,000) In profit from the sale. CGT would then be due on your gold bar. 
I'll caveat that with. I'm no tax expert and that's my understanding. Always bet to have it in mind as you never know what will happen in the future. We may loose all allowance or the CGT free status of the sovereign. Who knows what'll happen. You may be involved in a boating accident and your poor 1 grammer may be lost to Davey Joneses locker.

Thanks to all for the comments.
I've got no idea why I've suddenly got a bee in my bonnet about 1 gram bars, but I have and it's stuck lol. Then again I'm also fancying quarter ounce silver Brits, so at least my tastes are affordable. 😆

You'd be better off saving for a half sov and avoid the CGT.
Easy to shift, very little premium

I’ve recently started adding 5g bars that I like the look of. Adds a little variety to what is being stacked and just makes the whole thing a bit more interesting. If any gold retains it’s bought for premium when selling, there’s no issue as far as I’m concerned. Good luck and enjoy

I'm not a fan of fractional gold. The smallest pieces I own are 5g and RM twisted my arm with their pricing error to buy those (£256/5g)
Having said that I'm reluctantly willing to consider 1g bars. My logic is this. Nobody cares about what I think or the premium above spot (assuming it's not extreme). The market has spoken and while the market might be dumb as rocks, the market for 1g is booming. It's the entry level gold, 99% of people still don't own any gold bullion in the UK so I guess this is where some people start. The Royal Mint said 1g bars and 1/10th coins were their most popular items in 2023 alongside the ever popular sovereign. I dislike both 1g and 1/10th due to the premiums and needing a microscope to see what you've bought, but the premium doesn't matter if 1) you can get the premium back when you sell and 2) the spot price of gold keeps going up
IDK if I'll actually buy 1g or 1/10th but if I saw them for within 1% of the premium of a sovereign then maybe
 

I'm afraid it's a no from me too...
Too small to see any detail with the naked eye.  Too light to feel like they're worth anything.  Too much premium to make them worth flipping any time soon.

Ohh that's even better then.

THE FOLLOWING IS NOT FORMAL TAX ADVICE, but my own interpretation of the rules. 
Thats assuming you make that much profit per bar.
Its the profit on the capital not the total value that makes a difference. 
If you bought 100x 1g bars at £55 each and sold them all for £65 each you make £1000 profit and do not have to even declare the gain as it is below the threshold.
If you had 100x 1g bars bought for £35 a few years ago and sold them for £75 each then that would be a £4000 gain. You would need to declare it and you would pay tax on the £1000 above the allowance. 

Under a microscope.  
The only time a 1g bar is worth it is when it no more than 5% above spot, as that is unlikely to happened, the answer from me is NO.

In my limited and humble opinion. The only problem with the 1g bars is the premium. Myself. I'd save up to get a lower premium sovereign or half. However I suppose some of them look nice.

Well you could currently sell 48 1g bars a year ( £62 each ) before worrying about the CGT threshold. 
But you could also sell multiple sovereigns/other CGT free coins without worrying at all.
Just remember if a sovereign becomes more expensive, then so does a 1g bar ( infact the 1g bar becomes even more expensive due to higher premium out the gate)
TLDR: just buy whatever your budget allows and worry about selling when the time comes.

Any gold that you can afford and looks reasonably cheap compared to 1ozs when it comes to selling is well worth buying!🤔😮

With gold getting more and more expensive, and what with CGT allowance soon being lowered to £3000, are 1 gram bars a worthy investment?
Thoughts please. 

Half a kilo 'o' finest silver!
With Armageddon around the corner I can well imagine silver becoming the coin of the realm. Besides, what is gold without silver? It's like Starsky without Hutch or Laurel without Hardy. So I got these. 100 gram silver bars, and lovely they are too ...

Half a kilo 'o' finest silver!
With Armageddon around the corner I can well imagine silver becoming the coin of the realm. Besides, what is gold without silver? It's like Starsky without Hutch or Laurel without Hardy. So I got these. 100 gram silver bars, and lovely they are too ...

( Ohh I like that! and 'I think I'll treat myself' ) sounds like me in a record shop ha ha. cheers for the input, much appreciated.

Dr Doh!
Gold Dinger!
Thunderbawl
You Only Suffice
Diamonds Are Whatever
Live And Lets Cry
The Man With The Overrun
A View To A Shill
Golden Sigh!

Dr Doh!
Gold Dinger!
Thunderbawl
You Only Suffice
Diamonds Are Whatever
Live And Lets Cry
The Man With The Overrun
A View To A Shill
Golden Sigh!

Giant stacks are what you take
Going to the moon
I hope my heart don't break
Going to the moon
We could wait forever
Going to the moon
We could be together
Going to, going to the moon
...
with apologies to The Police

If you want to save yourself tears and protect your investment buy CGT free gold or Bitcoin. You'll loose everything on silver lol. your 5-10 year plan will turn into 20+ year plan to try and just recoup your initial investment. 
My advice is buy gold or bitcoin if you want gains and to protect your wealth.