Physical Gold Taxes: US 28% Collectibles vs UK CGT-Exempt Britannias
The US treats physical gold as collectibles taxed at 28%. The UK exempts certain coins from capital gains entirely. The difference can swing returns by a quarter.
Sep 19, 2025
The US treats physical gold as collectibles taxed at 28%. The UK exempts certain coins from capital gains entirely. The difference can swing returns by a quarter.
Both are 0.9999 fine, both come from major mints, and both trade at similar premiums. The differences come down to security features, tax status, and design philosophy.