1/10 oz Dove of Peace Gold Round

The 1/10 oz Dove of Peace Gold Round

The 1/10 oz Dove of Peace Gold Round is produced by the Holy Land Mint (Israel Coins and Medals Corp., ICMC), containing 3.1103 grams of .9999 fine gold. The Dove of Peace series is the Holy Land Mint's flagship bullion line, launched in 2014 when the formerly government-owned institution pivoted from commemorative medals to investment-grade bullion products.

ICMC was established in 1958 by Israel's first Prime Minister David Ben-Gurion, originally mandated to commemorate Israeli national events through coins and medals. The organisation was government-owned until privatisation in 2008 (acquired by G.R.A.S. Group). Despite the "Mint" branding, ICMC is not Israel's monetary authority (that role belongs to the Bank of Israel), and its products carry no legal tender status. The Dove of Peace is classified as a bullion round, not a coin.

The series design features a dove in flight carrying an olive branch, soaring over the walls of the Old City of Jerusalem. The dove-and-olive-branch motif references the biblical account of Noah (Genesis 8:11), a symbol of peace with deep cultural resonance in the region. The Jerusalem skyline beneath includes architectural silhouettes of the Old City. This distinctive cultural and religious symbolism sets the Dove of Peace apart from other private mint bullion, which tends toward generic designs.

The 1/10 oz gold round is the smallest gold denomination in the Dove of Peace range. Products come in tamper-proof sealed protective packaging with Certieye authentication technology and unique serial numbers, providing verification standards comparable to Swiss refiner assay cards.

Dove of Peace 1/10 oz Gold Technical Details

Security Features

• Tamper-proof sealed protective packaging with security film
• Certieye authentication technology (optical verification system)
• Unique serial number printed on the security/assay card
• Sealed PETG blister packaging

The Dove of Peace range extends beyond this 1/10 oz round to include 1 oz rounds and bars, as well as bar formats from 1g to 20g and a 1/25 oz round. Silver products (1 oz round, 1 oz bar, 1 kg bar) are also produced at .999 purity.

Tax Treatment of the Dove of Peace Gold Round

As a .9999 fine gold product, the Dove of Peace meets purity requirements for investment gold exemptions across most jurisdictions. The lack of legal tender status affects certain benefits.

United Kingdom

VAT-exempt as investment gold (purity above 995 fine). Not CGT-exempt (no legal tender status). Gains taxable above the annual CGT allowance at 18% (basic rate) or 24% (higher rate).

United States

The .9999 gold purity meets the IRS minimum of 99.5% for precious metals IRA inclusion. The Holy Land Mint states its gold rounds are IRA-eligible when held by an approved custodian. Capital gains are taxed at the collectibles rate of up to 28%. State sales tax treatment varies; most states exempt bullion.

European Union

VAT-exempt as investment gold under Directive 98/80/EC (gold at 995+ fineness in bar/wafer form). Rounds at this purity generally qualify.

Canada

Not RRSP-eligible under standard rules. Canadian RRSP regulations require coins issued by a government mint with face value for precious metals inclusion. As the Dove of Peace has no face value and is not legal tender, it does not qualify for RRSP or TFSA. GST/HST is exempt at 99.5%+ purity.

Australia

GST-free as investment gold (99.5%+ purity). First supply after refining from accredited sources qualifies.

Singapore

Potentially GST-exempt as Investment Precious Metals (gold at 99.5%+), though the accreditation requirement means verification may be needed for products from smaller mints.

Dove of Peace vs Other 1/10 oz Gold Options

The Dove of Peace competes with both private mint rounds and sovereign coins at the 1/10 oz weight. Its positioning is unusual: a culturally distinctive product from a historically significant institution, but without legal tender backing.

vs PAMP Suisse 1/10 oz Bar

PAMP's Lady Fortuna bar is the most recognised private mint gold product at fractional weights. PAMP has broader global dealer recognition, tighter bid-ask spreads, and LBMA-associated refiner status. The Dove of Peace offers a more distinctive design with cultural/religious significance but narrower resale channels. Both come in sealed assay packaging with serial numbers.

vs 1/10 oz American Gold Eagle

The Eagle carries $5 US face value, sovereign government backing, specific IRA approval, and universal dealer recognition. It uses 22-carat gold (91.67% purity, same fine gold content) and has the broadest liquidity of any fractional gold product in the US market. The Dove of Peace offers higher purity (.9999) and lower premiums at purchase, but cannot match the Eagle's resale ease or IRA certainty.

vs 1/10 oz Gold Britannia

The 1/10 oz Britannia offers UK CGT exemption, advanced security features (surface animation, micro-text, tincture lines, latent image), and Royal Mint backing. For UK buyers, the Britannia's tax advantage is decisive. The Dove of Peace offers a comparable purity (.9999) and a distinctive alternative for collectors seeking variety beyond the standard sovereign mint offerings.

vs Other Private Mint Rounds

Compared to generic rounds from APMEX or Golden State Mint, the Dove of Peace carries a slightly higher premium due to its branded packaging, authentication technology, and collector appeal. The cultural significance (Holy Land, peace symbolism, Jerusalem imagery) gives it a niche market that generic rounds lack.