What is the CGT exemption worth?
A 1oz Gold Britannia costs more than a 1oz gold bar. At what gain does the coin's Capital Gains Tax exemption pay for the difference?
Prices delayed, last updated 00:43, 13 Oct 2026No answer today. Prices are delayed or not yet collected for both products.
Assumes the full annual exempt amount is available for the sale, one coin or bar, and no other gains. It ignores the round trip, which is shown on each product page. Tax year 2026/27; figures checked 6 October 2026.
Method
We take today's cheapest in-stock total for the 1oz Gold Britannia and the 1oz gold bar. The difference is the price of the exemption. A bar's gain above the annual exempt amount (£3,000 in 2026/27) is charged at 18% or 24%, so the break-even gain is the exempt amount plus the price difference divided by the rate. This assumes the whole exempt amount is available for the sale and the metal price has risen; if it falls, the exemption is worth nothing and the coin simply cost more.
Written by MetalsAlpha. Last reviewed 6 October 2026. The figures above are recomputed with every collection run; the method text is not. How we measure · Download the data
Capital at risk. Not financial advice. These experiments measure costs; they are not a view on whether to own gold or silver or on where prices will go.