For thousands of years gold has proved its worth as a medium of exchange and payment instrument. Its popularity has continued without interruption into modern times and becomes even greater in times of insecure financial markets.

Gold coins usually bear a nominal face value of the currency concerned. The value of the gold exceeds the nominal face value of the coins by a multiple. Therefore gold coins are traded as investment coins throughout the world.

The purchase of gold bullion and coins is free from value added tax in Germany and the asset is also free of taxes after a holding period of 12 months.

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