500g Gold Bullion Bar : Pre-Owned (Best Value)

500 gram gold bars available at great premiums from The Britannia Coin Company of Royal Wootton Bassett.

Buy A 500g Gold Bar

500g gold bars can be a great investment for those looking to diversify their portfolio or add to their precious metal stack. Each bar contains 16.0754 troy ounces of pure gold, struck in at least 0.999 fineness.

The dimensions of 500g gold bars will vary depending on the brand, but most measure around 80.00 mm x 40.00 mm, which is slightly smaller than a typical credit card found in your wallet. They're usually around 8.00 mm thick.

Nearly all gold bars come in square and rectangular shapes, which makes the storage of them comparatively simple. They fit neatly inside a home safe or a safe deposit box. You can even squirrel them away under the floorboards!

Which Brand of Gold Bars Is Best?

It's a matter of preference for each investor as to which brand of gold bar they prefer. However, all proper investment gold bars should be stamped with the weight, purity and refinery, alongside a unique serial number.

Our pre-owned bullion bars come from highly regarded and reputable precious metal refineries. These can include, but are not limited to:

• PAMP Suisse
• Metalor
• Umicore
• Baird & Co
• Heraeus
• The Royal Mint

Best Value Gold Bars

These investment gold bars are offered loose, without any outer packaging. Large bullion bars such as these 500g gold bars are typically found in a 'cast' form, although it's possible to find some in a 'wafer' form. The Britannia Coin Company doesn't differentiate between the two types as they both contain exactly the same amount of gold.

'The brand and style of your gold bar can vary as it's allocated on a random basis from the stock we currently have. This allows us to offer them at very competitive premiums.'

Each pre-owned gold bar we have has been thoroughly tested by our in-house team of experts. We have the latest XRF technology on site to check the composition of each bar in our inventory, ensuring you get a genuine, full-weight gold bar every time. You can read more about our XRF machine on our sister website, Gold Traders UK.

Are Gold Bars A Good Investment?

Gold bars can be a great investment! Purchasing gold bars is a popular way to acquire the precious metal and there's a very liquid market in them worldwide. We've outlined some reasons why you should consider buying 500g gold bars:

• VAT Free - all investment gold bars sold by the Britannia Coin Company are exempt from VAT
• Internationally Recognised - Any reputable bullion dealer worldwide will recognise a genuine gold bar, making it easy to liquidate in the future
• Store of Value - gold is regarded as an inflation hedge, which has protected wealth over time
• Low Premiums - 500g gold bars are sold at a low premium above the live spot price, and are typically cheaper in terms of price per ounce than gold coins
• Authenticity - all of our 500 gram bars are stamped with the refiner's logo alongside a unique serial number
• Security - all of our bars come from reputable refiners, and we meticulously test each bar we receive to make sure it's genuine

Buying Pre-Owned Gold

If you're looking for the cheapest premiums on gold bullion, then pre-owned gold bars are a great place to start. 

We acquire these bars from the secondary gold market, which allows us to sell them on at very low premiums. The vast majority of them come from the general public selling to us.

They're sold for their precious metal content, irrespective of brand. Some bars may have slight blemishes, which is to be expected with second-hand bullion bars, but we guarantee that all bars sold by us will contain exactly half a kilogram of gold.

Why Buy Gold Bars Over Coins?

We're not financial advisors here at The Britannia Coin Company, but we have gathered a significant amount of knowledge from the years we have been in business, so we feel we can provide useful information for investing in gold for the interested layperson.

For investment purposes, it's prudent to purchase gold at the lowest possible premium over the live spot price. Some gold bugs are only interested in looking for the cheapest premiums when investing in gold, irrespective of design or shape. In percentage premium terms, this is usually, but not always, found on gold bullion bars larger than one troy ounce.

'So if you're looking for cheap premiums on gold, then our pre-owned 500g gold bullion bars are an ideal starting point.'

There are other considerations which you should keep in mind, such as capital gains tax implications and the ability to liquidate part of your gold portfolio. We cover this in-depth in our Buying Gold Bars vs Gold Coins article.

If these considerations are of no concern to your investment position, then the very low premiums offered on these pre-owned 500g gold bars can make them a very attractive investment option.

VAT On Gold Bullion Bars

Perhaps the best reason to invest in gold bullion bars is the fact that the precious metal is sold VAT-free. Since January 2000, investment gold has been exempt from VAT in the United Kingdom and the European Union. Other precious metals, such as silver and platinum, are still liable for VAT at the standard rate.

All gold bars sold by The Britannia Coin Company meet this definition, meaning HMRC will treat them as VAT-exempt, therefore allowing you to buy tax-free gold.