Hi , are Gold and Silver Bullion coins considered as collectables or does it depend on factors surrounding them?
For example , is an Australian one ounce pure silver Kangaroo bullion coin witha nominal face value of AUD$1 held by a private individual ,stored in their house a collectable when sold as far as CGT is concerned?
I read somewhere on the site that to be considered collectables their value has to exceed their face value and they have to be traded at a price above their spot price. This was related to managed funds though so not sure if this applies to a private citizen holding them at home and then selling them to say a bullion dealer (for a profit)
Thanks in advance
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