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There is VAT on the 6% buyer’s premium so in effect it is a 7.2% buyer’s premium. So this makes the purchase price £562.80. Also, you have postage on top. I can’t remember their minimum postage charge but if it is £10 then this would take the total cost to £572.80.

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13 hours ago, Chrisplym said:

There is VAT on the 6% buyer’s premium so in effect it is a 7.2% buyer’s premium. So this makes the purchase price £562.80. Also, you have postage on top. I can’t remember their minimum postage charge but if it is £10 then this would take the total cost to £572.80.

OK. So not a bad price after all. In fact, could be a real bargain in a few years' time.

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On 30/05/2023 at 18:29, SiCole said:

I think theres more chance they will make gold vatable for guaranteed income at point of sale from the trader rather than waiting in x amount of years for Joe Bloggs to sell on and then correctly account in their end of year return which most PAYE employees wouldn't even know how to do.

 I wouldnt be shocked, why not? Is it any different to silver? Obviously I'd be dead against it but I reckon it would be easy for a govt and probably popular...I mean it only affects a bunch of rich people that don't need the money, well at least as far as a lot of people probably see it. 

 Easy headline and cash grab, never mind the reality most on here are just average people who choose to have a hobby that involves saving money rather than spending.

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