5g Dove of Peace Gold Bar

A 5g Gold Bar from Israel's Only Bullion Producer

The 5g Holy Land Mint Dove of Peace gold bar is one of the few bullion products manufactured in Israel. Produced by the Israel Coins and Medals Corporation (ICMC), which traded under the Holy Land Mint brand from 2014, this bar contains 5 grams of 999.9 fine gold sealed in tamper-proof PETG blister packaging with a security assay card.

The bar's design centres on a dove carrying an olive branch in flight above the walls of Old Jerusalem, a motif drawn from the biblical account in Genesis 8:11. That imagery gives this product a cultural and religious dimension absent from the standard Swiss or German refiner bars that dominate the 5g market. For buyers who want a connection to the Holy Land in their gold holdings, this is the only mainstream bullion option that delivers it.

ICMC was founded in 1958 by Israel's first Prime Minister David Ben-Gurion, originally as a government-owned entity producing commemorative medals and coins. The company was privatised in 2008 and launched the Dove of Peace bullion range in 2014, starting with silver and adding gold bars in 2019. The 5g bar sits within a range that spans from 1 gram to 1 troy ounce in both round and bar formats.

At the 5g weight, this bar competes directly with products from LBMA-accredited refiners like 5g PAMP Suisse, 5g Valcambi, and 5g Perth Mint bars. The Holy Land Mint is not an LBMA Good Delivery refiner, which means its products carry less universal recognition in the wholesale market. Dealer networks are narrower, concentrated among US-based retailers. Buyers prioritising resale liquidity above all else will find tighter bid-ask spreads on Swiss-refined bars, but the Dove of Peace offers a distinctive alternative for those drawn to its origin and symbolism.

5g Dove of Peace Gold Bar Specifications

Security Features

The 5g Dove of Peace bar is sealed in tamper-proof PETG packaging accompanied by an assay card bearing a unique serial number. The Holy Land Mint also uses Certieye authentication technology, an optical verification system that provides an additional layer of anti-counterfeiting protection. These measures are comparable in concept to the assay card systems used by major Swiss refiners, though they lack the broad dealer-network recognition of PAMP's CertiPAMP or Argor-Heraeus's kinebar hologram.

Design

The obverse depicts a dove in flight carrying an olive branch, soaring above the skyline of Jerusalem's Old City with its recognisable architectural silhouettes. The reverse carries the Holy Land Mint branding alongside weight and purity markings. The design has remained consistent since the series launched in 2014, with year-date changes and occasional anniversary privy marks such as the 10th anniversary edition in 2024.

Tax Treatment of the 5g Dove of Peace Gold Bar

As a 999.9 fine gold bar, the Dove of Peace qualifies for investment gold tax exemptions in most major bullion markets. It is not legal tender in any jurisdiction and carries no face value, which affects capital gains treatment in some countries.

United Kingdom

The bar is VAT-exempt as investment gold under rules derived from EU Directive 98/80/EC. All gold bars at 995+ fineness qualify. However, because the Dove of Peace is not UK legal tender, it is subject to Capital Gains Tax on disposal. Gains above the annual CGT allowance (currently £3,000) are taxed at 18% or 24% depending on income bracket. UK buyers who want CGT exemption on gold should consider legal tender coins such as the 5g Britannia gold bar instead. The bar is eligible for holding within a SIPP (Self-Invested Personal Pension), which shelters gains from CGT.

United States

The 999.9 purity exceeds the IRS minimum of 99.5% for precious metals IRA eligibility, making this bar suitable for inclusion in a self-directed Gold IRA when held by an approved custodian. Capital gains on physical gold are taxed at the federal collectibles rate of up to 28% for holdings over one year, plus potential Net Investment Income Tax of 3.8%. Sales tax varies by state, with approximately 35 states exempting bullion purchases entirely.

Canada

Gold bars at 99.5%+ purity are exempt from GST/HST under federal rules. However, the Dove of Peace is not eligible for RRSP or TFSA inclusion because those accounts require coins with face value issued by a government mint, which this product is not.

European Union

VAT-exempt as investment gold across all EU member states under Directive 98/80/EC. Capital gains treatment varies by country. In Germany, gains on gold held longer than one year are tax-free. In France, a flat rate or proportional regime applies.

Australia and New Zealand

GST-free in Australia for gold at 99.5%+ purity in investment form. GST-exempt in New Zealand for gold at 99.5%+ purity. No special CGT concessions for bars in either country, though Australia offers a 50% CGT discount for assets held longer than 12 months.

Singapore and Hong Kong

GST-exempt in Singapore under the Investment Precious Metals (IPM) scheme for gold at 99.5%+ purity. Hong Kong has no sales tax, no import duty, and no capital gains tax on bullion.

Dove of Peace vs Other 5g Gold Bars

The 5g gold bar market is dominated by products from major LBMA-accredited Swiss and German refiners. The Dove of Peace occupies a niche within that market, distinguished by its Israeli origin and religious symbolism rather than by technical specifications or premium efficiency.

Against PAMP Suisse and Valcambi

The 5g PAMP Fortuna and 5g Valcambi are the most widely traded 5g gold bars globally. Both come from LBMA Good Delivery refiners, carry industry-standard assay card packaging, and are accepted by virtually every bullion dealer worldwide. PAMP's CertiPAMP technology and Valcambi's established reputation provide stronger authentication infrastructure than the Holy Land Mint's Certieye system. For buyers focused purely on investment efficiency and liquidity, the Swiss bars are the safer choice.

The Dove of Peace is comparable in purity (all three are 999.9 fine) and packaging format (all sealed in assay cards). The difference lies in brand recognition and resale infrastructure. PAMP and Valcambi bars will typically command tighter buyback spreads because dealers are more familiar with them.

Against the Perth Mint

The 5g Perth Mint gold bar offers government-backed provenance from the Western Australian Government's mint. Perth Mint bars carry broad international recognition and are accepted by dealers across the US, UK, Europe, and Asia-Pacific markets. The government backing provides an additional trust layer that private mint products lack.

Against Other Holy Land Mint Products

The 5g Holy Land Mint generic bar from the same manufacturer omits the Dove of Peace design but shares the same 999.9 purity and packaging format. The design premium on the Dove of Peace varies by dealer. Other weights in the Dove of Peace range include 1oz bars and smaller denominations down to 1 gram, all in the same design language. Buyers building a position in Holy Land Mint gold can choose the weight that best fits their budget, though per-gram premiums decrease significantly at the 1oz size.