Silver Bullion Coins

Like gold, silver is another precious metal in finite quantities. Historically silver has always been considered inferior to gold and the price of silver has been roughly fifteen times lower. As a result, silver has a low price entry point for new investors, yet the value of silver has been improving by comparison. This price ratio has recently widened from 15:1 to nearer 80 times cheaper, making silver a tempting bargain. Used in many industrial processes, silver resources are being depleted and this future imbalance in the supply and demand market is beginning to filter through to investors. With the potential for strong returns, silver offers an alternative way to diversify an investment portfolio and is considered a good partner asset to physical gold.

Image via Wikimedia.

Bullion coins are not struck by a mint to go into general circulation. They are produced for the investment and collector’s markets only and, as such, maintain a premium over their face value. Different countries have different definitions of bullion coins with the UK government defining them as having the following characteristics:

• Having a purity of no less than 0.9
• Were minted after 1800 and are (or have been) legal tender in their country of origin

Most bullion minted coins are available in both gold and silver with only a handful of exceptions including the Swiss Vreneli, which is only available in gold. The Canadian Maple Leaf, however, is also minted in platinum and, the even more rare, palladium. Most importantly, as investment coins, they are exempt from UK VAT.

Each year, the European Commission publishes a full list of coins that are officially classified as investment coins that should be treated by member states as being exempt from VAT. Also, the HMRC supplements this list with additional coins. As the UK moves out of the European Union, the HMRC will take full responsibility for issuing complete lists of tax-exemptions on coins in the UK.

Unlike silver bars, certain bullion silver coins will not incur UK VAT upon delivery due to EU double taxation laws, and, as such, do not need to be stored offshore. We can offer storage facilities for silver bar purchases of over £2,500, but your silver bullion coins will be delivered directly to your door.

Physical Gold Limited carefully selects its coin offerings to ensure that they meet the criteria set by HMRC to qualify for VAT exemption and offers only the highest quality of coins. We source coins using our enhanced economies of scale procurement strategy to be able to pass discounts directly to our customers meaning the more you buy, the more of a saving you can make. 1 Oz Maple Leaf The 1 Oz Maple Leaf is produced by the Royal Canadian Mint and was first minted in 1988. The Royal Canadian Mint has a first-class reputation with the quality of its minting and this coin is no exception. Featuring stunning detail with a high-tech machined finish, the 1 Oz Maple Leaf maintains a strong value in North American markets and is yet another way to diversify an existing portfolio. As a non-UK coin, this particular bullion coin is not Capital Gains Tax exempt but is supplied UK VAT free.

Image via David Stanley, Flickr.

Produced by the Perth Mint these silver Australian bullion coins depict native wildlife and are produced in limited numbers. The low mintage of these AU$30 coins makes them especially attractive to both investors and collectors with only 20,000-50,000 being produced annually. Silver Britannia The 2017 Silver Britannia marks the 20th anniversary of the minting of the first silver version of this now popular investment coin. Featuring the fifth portrait of Queen Elizabeth II by Jodie Kidd, the coin’s obverse sports the now-familiar standing Britannia. Produced in high finesse silver, this coin is an ideal partner to the Gold Britannia coin, also celebrating an anniversary in 2017. 1 oz Silver Coin are available as part of the lunar series, landmarks of Britain and Queen’s Beasts range, these limited edition 1 oz silver coins are produced by the Royal Mint. As legal tender, these coins are all exempt from Capital Gains Tax as well as being UK VAT free making them an even more cost-effective and tax-efficient way to invest your money.

Buy from Physical Gold Limited – Silver Bullion Coins UK Specialists

Although we are called Physical Gold Limited we are also specialist silver investment brokers and sell silver bullion coins UK wide to many happy clients. Why not contact us today on 020 7060 9992 to discuss your requirements for both gold and silver?