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Anyone Know Why These 1Oz Coins Are So Expensive?

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Hi,

On Bairds site 1oz isle of man Nobles and Angels are going for (current price) £1,004.00 a coin when 1oz Krugers are going for £887.25 per coin!!

Are IOM coins really rare?? http://www.goldline.co.uk/bullionCoinsPage.page?coinId=38

a full £169 over spot.

I wondered that, a few months back the Nobles were the cheapest 1oz coin. The Nobles are rather nice, I have a couple, bt I've never seen the Angels in the .

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I wondered that, a few months back the Nobles were the cheapest 1oz coin. The Nobles are rather nice, I have a couple, bt I've never seen the Angels in the .

Yes, maybe Bairds are about to sell their last batch and the IOM mint are not producing anymore. :unsure:

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Hi,

On Bairds site 1oz isle of man Nobles and Angels are going for (current price) £1,004.00 a coin when 1oz Krugers are going for £887.25 per coin!!

Are IOM coins really rare?? http://www.goldline.co.uk/bullionCoinsPage.page?coinId=38

a full £169 over spot.

It will be a rarity value over spot. Coins are always more than bullion. They will retain the premium I expect, but shop around!

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I wondered that, a few months back the Nobles were the cheapest 1oz coin. The Nobles are rather nice,

Yeah, I bought one when they were on special offer recently, a very beautiful coin indeed.

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Bairds are ripping people off

http://www.goldline.co.uk/bullionCoinsPage.page?coinId=38

when you can buy 'Angels' direct from pobjoy at only £883

http://www.pobjoy.com/ukworld/section.php/844/0

Are these UK legal tender and CGT free? Queens head etc,

Edited by kinesin

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Are these UK legal tender and CGT free? Queens head etc,

The Isle of Man is not part of the UK and those are not legal tender. I believe if you disposed of them as a UK tax payer, CGT would apply. The same goes with Canadian Maple leafs/leaves(?), which also has the Queen's head.

Edited by Money Spinner

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The Isle of Man is not part of the UK and those are not legal tender. I believe if you disposed of them as a UK tax payer, CGT would apply. The same goes with Canadian Maple leafs/leaves(?), which also has the Queen's head.

They are Legal Tender in the IOM, do your research.

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Nah, best to go for the cheapest 1oz, whatever it maybe.

There is an issue with recognition as well. Many advise people to stick to well-known/recognised coins from State mints.

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There is an issue with recognition as well. Many advise people to stick to well-known/recognised coins from State mints.

True, but there are more dodgy Krugers and Mexican 50 peso coins than any other.

Errol, do you think that you would get more than a 'little' over spot or scrap value if you sold your maples to Bairds?

I think so somehow. :lol:

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They are Legal Tender in the IOM, do your research.

I think Money Spinner meant to say that they are not legal tender in the UK, so no CGT advantages.

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  • 146 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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