The Gold Ingots
The ingot was originally the best known with a weight of 1Kg, but in recent years, several versions of this ingot have been developed to make them accessible to all budgets and to diversify investments.
At Globalcash you can find bars of 500, 250,100, 50, 20, 10, 5 Gr and 1Oz with a purity of 999‰ (99% 24 carat gold) and LBMA (London Bullion Market) certified.
The ingot will always be delivered with a certificate proving its authenticity (weight, purity, serial number, founder/refiner). This document is the identity document of the bar/ingot.
The Gold Coins
Bullion gold coins are coins struck from gold with a purity of at least 900 thousandths, having or having been legal tender in their country of origin. Investment gold coins are considered a safe haven, they retain their value in the event of an economic or financial crisis.
The most common bullion gold coins are South African Krugerrand coins, Canadian Maple Leaf coins, German Philharmoniker coins, and American American Eagle coins. These coins are available in a variety of sizes, ranging from 1/20 troy ounce to 1 troy ounce.
They are exempt from VAT in France, which makes them attractive to investors.
Frequently Asked Questions
Find here the main questions concerning Investment Silver.
The ounce, also called “Troy Ounce” from Anglo-Saxon countries, used around the world for the quotation of precious metals such as gold or silver. One ounce is equivalent to 31.1034768 grams.
Example: In a gold bar there are 32.15 ounces
1 kg = 1,000 g or 1,000: 31.1034768= 32.15
An ounce of gold is always given in relation to 1 dollar or 1 Euro.
No, since September 1, 2010, all investment gold purchase or sale transactions must be settled by check or wire transfer.
YES, two taxation regimes are applicable.
1st regime: THE TMP (Tax on Precious Metals)
(Confers article 150 of the General Tax Code)
Individuals are subject to a flat-rate levy (whether there is capital gain or capital loss). This tax is the TMP, Precious Metals Tax, the rate of which is 11.5%.
2nd regime: TPV (Taxes on Value Added Values)
(Refers to article 68 of the amending finance law for 2005)
Indeed, since January 1, 2012, sellers of so-called “investment” gold can choose to pay 36.2% on the capital gain with a discount of 5% per year from the 3rd year of holding
To do this, you must be able to prove the date and purchase value of your gold. In other words, when selling your gold, you will need to present a nominative invoice, dated, with the value of the property.
If you are purchasing investment gold, we accept certified checks as well as bank transfers, with no payment limits.
Yes, the condition of the coins is decisive. We sell on the stock exchange, on your behalf, only gold coins in good condition.
After expertise, the coins that we consider cleaned and polished or very damaged are purchased on a refusal basis, that is to say by weight.
Yes, in this way we certify the quality and value of the coins sold in our GLOBAL CASH agencies.
In addition, we offer our seals, thus we ensure their resale by all approved organizations.
Yes, for this we must appraise them and if we consider the coins to be in “marketable” condition then we will seal them for you free of charge.