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$4,686.99 | +12.13% |
$150.69
£114
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About the 1g Christmas Coins Gold Bar
A Festive 1 Gram Gold Bar from Dubai
The 1g Emirates Gold Christmas Coins bar is a seasonal piece from Emirates Gold, a Dubai-based refinery established in 1992 that processes over 200 tonnes of gold annually. The bar carries a Christmas-themed design and is struck in 999.9 fine gold, placing it alongside the refinery's broader range of culturally themed products that also includes Diwali, Chinese Zodiac, and Arabian Heritage collections.
At just one gram, this bar sits at the lowest end of the gold weight scale. It is not a cost-effective way to accumulate gold; premiums on 1g bars typically run 8-15% over spot, driven by the fixed costs of manufacturing, assaying, and packaging that are spread over a tiny amount of metal. The market for bars at this weight is driven primarily by gifting, and a Christmas-themed gold bar from a Middle Eastern refinery occupies a specific niche within that market. Dubai's large expatriate population, which celebrates Christmas alongside Diwali, Eid, and Chinese New Year, creates a natural audience for these products.
Emirates Gold meets the Dubai Good Delivery (DGD) standard but is not on the LBMA Good Delivery list, a distinction that matters for international resale. Bars from LBMA-accredited refiners like 1g Argor-Heraeus Classic or 1g Valcambi CombiBar carry broader dealer recognition outside the Gulf region. For buyers in the UAE or South Asian markets where Emirates Gold is well known, the brand carries more weight.
Tax Treatment for a 1g Gold Bar
Gold bars of 999.9 fineness qualify for investment gold tax treatment in most major markets. The specific rules vary by jurisdiction, but the high purity of this bar clears the relevant thresholds in every country where the site operates.
- UK: VAT-exempt on purchase as investment gold (995+ fineness threshold). Subject to Capital Gains Tax on disposal at 18% or 24% depending on income band, with a £3,000 annual CGT allowance. Not CGT-exempt because bars are not UK legal tender.
- US: No federal sales tax. State-level treatment varies; roughly 35 states exempt bullion from sales tax, with several others applying threshold-based exemptions. Capital gains taxed at the 28% collectibles rate for holdings over one year. Bars from non-LBMA refiners may face additional scrutiny for IRA eligibility.
- EU: VAT-exempt as investment gold under Directive 98/80/EC (minimum 995 fineness for bars). Capital gains treatment varies by member state.
- Canada: GST/HST exempt for gold bars at 99.5% purity or higher.
- Australia: GST-free as investment-grade gold (99.5%+ purity).
- UAE: No VAT on investment gold. This zero-VAT environment is a major driver of Dubai's gold trade and a key reason buyers in the Gulf region purchase gold locally rather than from European or American dealers.
- Singapore: GST-exempt under the Investment Precious Metals (IPM) scheme for gold at 99.5%+ purity.
- Hong Kong: No sales tax, no import duty, no capital gains tax on gold.
The bar is not legal tender in any jurisdiction. It carries no face value and is a private refinery product, which means it cannot access the CGT exemptions available to UK legal tender coins such as the Britannia or Sovereign.
Emirates Gold Christmas vs Other 1g Gold Bars
The 1g gold bar market is dominated by Swiss refiners with LBMA accreditation. The 1g Argor-Heraeus Classic bar comes from a refinery that has held LBMA accreditation since 1961 and is one of only seven global LBMA referees. The 1g Valcambi CombiBar offers a different proposition: individual 1g segments in a scored sheet that can be snapped apart, providing divisibility from a larger bar at a lower per-gram premium than buying individual 1g bars. Both carry significantly stronger international resale recognition than Emirates Gold.
Within the seasonal and themed segment, PAMP Suisse does not produce a Christmas-specific gold bar, though their Lunar series covers Chinese New Year. The Royal Mint has introduced Christmas Gold Bullion Bars that carry stronger brand recognition and LBMA accreditation in Western markets. Perth Mint produces annual Christmas-themed coins, though these lean more toward proof and collector finishes than investment bullion.
The Emirates Gold Christmas bar's strengths are geographical. In the UAE and across the Gulf states, Emirates Gold products are readily available through Gold Souk dealers and mall retailers, and the zero-VAT environment makes Dubai purchases attractive for price-conscious buyers. Outside the Middle East and South Asian markets, the bar's limited brand recognition and absence from the LBMA Good Delivery list reduce its resale appeal compared to Swiss alternatives.
For buyers whose priority is low premiums and international liquidity at the 1g weight, a standard bar from an LBMA refiner is the practical choice. The Emirates Gold Christmas bar serves a different purpose: a culturally specific gold gift at the lowest possible entry point, produced by a refinery with strong regional standing in one of the world's major gold trading hubs.
1g Christmas Coins Gold Bar: frequently asked questions
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The cheapest offer we track is $150.69, around 12.1% over the $4,181.20 gold spot price. A single gram of 999.9 fine gold contains relatively little metal, so the premium over intrinsic value tends to be significant for any 1g bar. Use the price table above to compare current dealer offers.
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The Christmas Coins series is a themed range of minted gold bars produced by Emirates Gold, a refinery established in Dubai in 1992. The products carry festive seasonal designs and are struck in 999.9 fine gold to the Dubai Good Delivery standard. The series reflects Emirates Gold's broader portfolio of culturally diverse commemorative pieces, including Diwali and Chinese Zodiac designs, aimed at Dubai's cosmopolitan expatriate market.
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Minting, assaying, and packaging a 1g bar costs nearly as much as producing a 100g bar, but that fixed cost is spread over far less gold content. The per-gram premium on small bars is therefore proportionally higher. On top of that, themed or seasonal designs like the Christmas Coins series add further production costs compared to a plain generic bar.
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A 1g minted gold bar is very small, roughly the size of a thumbnail, and thin enough to be barely perceptible between your fingers. It is usually sealed inside an assay card blister pack, which is credit-card sized, making the overall package much easier to handle and store than the bar itself.