Morning12 Sep 2020 10:55
Grace
Where to store it? Personally I store gold sovereign coins in a safety deposit box, the cost is around £200 per year, but you will need separate insurance....
As for silver I purchase silver and have it stored, (vaulted) , if you don’t take possession you don’t have to pay any vat, have a look at bullion vault or bullion buy post web sites
,the costs are all there...
FYI , if you buy bullion bars silver/gold and sell them any profit is subject to CGT, however British currency coins are not
So if you buy a100g gold bar at 5k and gold rises to $10 k per oz you now have a bar worth £31k approx £24,000 and should you sell it £11,700 approx would be subject to CGT
However gold sovereigns and Britannia’s along with silver Britannia’s ect are totally Free of CGT
My advice is to purchase monster boxes 500 silver Britannia coins along with gold sovereigns and have them vaulted
Many folk will say you should keep it at home as you are in full control ect, but when the amount gets serious it becomes a worry
It’s just my personal opinion
Happy stacking, oh have a google , Neil McCoy ward on YouTube
:)