Are there any restrictions on buying gold coins in Ireland

Photo by Zlaťáky.cz on Unsplash

Buying Gold Coins in Ireland

 

In Ireland, there are no legal restrictions on buying gold coins. Gold ownership is legal and has been so for many decades in the EU, including Ireland

1. The Currency Act of 1927 in Ireland defines the standards for gold coins and specifies that gold coins issued under this Act are legal tender, while prohibiting the issuance of other gold coins or tokens

2. Additionally, the legislation surrounding gold coins in Ireland has historically focused on standards, legal tender, and the prohibition of unauthorized coin issuance, rather than restrictions on buying gold coins

3.Therefore, individuals in Ireland are free to purchase gold coins from reputable dealers and sources without facing legal restrictions. It is important to ensure that the gold coins being purchased are genuine and of high quality, and to buy from established and trustworthy dealers to avoid any potential issues.

Related Posts

Leave a Reply

Your email address will not be published. Required fields are marked *