Silver coin bars

Why buy silver coin bars?

• VAT-exempt: silver coin bars are exempt from VAT in many countries, including the Netherlands. This is because, unlike standard silver bars, they are considered legal tender due to the mint mark and face value they bear.
• High purity: silver coin bars have a purity of at least 99.9%, meaning you are investing in high-quality, pure silver. This makes them attractive to both investors and collectors.
• Easy to store: thanks to their block shape, silver coin bars are easy to stack and store, making them a practical choice for long-term investments.
• Legal tender: although they are primarily purchased as an investment vehicle, silver bullion bars retain their status as legal tender in their country of origin, offering an extra layer of security.
• Portfolio diversification: investing in silver, alongside other precious metals such as gold, offers a good opportunity to diversify your portfolio and spread your risks.

Silver bullion as legal tender

Silver bullion coins differ from other silver products in that they are also legal tender in their country of origin. This means that, in addition to their value as a precious metal, these coins also have a face value that is officially recognised by the government of the country in which they were issued. This dual function – serving both as an investment and as a means of payment – makes silver coins particularly attractive to investors seeking both security and flexibility.

The face value may vary depending on the weight and country of origin, but it is important to note that the intrinsic value of the silver is usually much higher than the face value.

Buying silver coin bars VAT-free

One of the biggest advantages of buying silver coin bars is the VAT exemption. Unlike standard silver bars, which are subject to the standard VAT rate, silver coin bars are classified as coins. This is because they bear an official mint mark and have a face value, meaning they fall under the margin scheme.

This scheme allows you to purchase silver coin bars without having to pay the usual VAT, which can represent a significant cost saving for private investors. This tax advantage makes silver coin bars a particularly attractive option for those wishing to invest in silver.

Silver coin bars vs silver bars

When choosing between a silver coin bar and a silver bar, it is important to understand the differences. Below is an overview of the key features of both products:

Silver bullion coins are attractive to investors who wish to benefit from the VAT exemption and the added security that comes with holding legal tender. Silver bars, on the other hand, are a straightforward choice for those who simply wish to invest in silver without the additional benefits of a bullion coin.

Silver bullion coins and the current value of silver

The value of your silver coin bar is primarily determined by the current silver price, which fluctuates constantly on global markets. Despite having a face value, the intrinsic value of a silver coin bar is usually much higher and is influenced by the silver content and weight of the bar.

If you wish to sell your silver bullion, the price will be based on the current silver price per troy ounce or per kilogram. This price can change daily, depending on supply and demand, economic conditions and geopolitical events.

It is important to monitor the silver price regularly if you are considering investing in silver bullion or selling it.

Buying silver bullion: purity

When buying silver bullion, purity is a crucial factor. Most silver bullion has a purity of 99.9% or higher, meaning it consists almost entirely of pure silver. This high purity is usually indicated by the number 999, which you will often find on the bar itself, along with other important information such as the weight and origin. These markings guarantee the authenticity and quality of the bar.

The silver bullion bars available from GoldBase are manufactured by accredited refineries that meet the strict standards of the London Bullion Market Association (LBMA). This means you are assured of a product that not only has a high purity level, but also an excellent finish and reliable provenance. This makes silver bars a reliable choice for any investor who values quality and purity.

1 kg silver coin bars to breakable bars

Silver coin bars are available in a wide range of weights and sizes to suit various investment needs. One of the popular options among investors is the 1 kg silver coin bar.

This large bar offers a substantial amount of silver in a single piece, making it an efficient way to invest in silver. The 1 kg bar is also practical to store, as it is easy to stack.

In addition, innovative products are also available, such as breakable bars, also known as combi-bars. These consist of several smaller silver bars connected together, but can easily be broken off into smaller units.

This offers investors the flexibility to trade or use silver in smaller quantities without compromising the integrity of a larger bar. Whether you opt for the traditional 1 kg coin bar or the flexible combibar, both options allow you to tailor your silver investments precisely to your personal preferences and needs.

Frequently asked questions about silver bullion

When investing in silver coin bars, questions often arise. This section answers some of the most common questions investors have.

Whether you’re unsure whether to buy silver bars or coin bars, want to know more about the tax benefits, or are wondering whether silver coin bars also have a collector’s value, here you’ll find the answers you need to make an informed decision.

Is it better to buy silver bars or silver coin bars?

Whether you should buy silver bars or silver coin bars depends on your specific goals and preferences as an investor. Silver bars are often the choice for investors who wish to benefit purely from the intrinsic value of silver, as these bars have no face value and are subject to the high VAT rate.

Silver coin bars, on the other hand, offer the advantage of being VAT-exempt, as they are considered legal tender. Furthermore, coin bars have both an intrinsic value (based on their silver content) and a face value, which can make them attractive to investors who also value tax benefits and collectible potential.

Why don’t I pay VAT on silver bullion coins?

Silver bullion bars are exempt from VAT because they are considered legal tender. These bullion bars bear an official mint mark and have a face value, meaning they fall under the margin scheme and you do not have to pay VAT on purchase.

Do silver bullion bars have collector’s value?

Yes, silver bullion bars can have collector’s value in addition to their metal value. This value can increase due to rarity, special editions or the reputation of the issuer, making them attractive to both investors and collectors.

Order silver coin bars from Goldbase

At GoldBase, you are assured of a reliable and secure purchase of silver bullion bars. Our extensive range offers you a variety of choices, from 1 kg silver bullion bars to smaller breakable bars, all with a guaranteed purity of 99.9%.

Why choose Goldbase?

• Wide range: GoldBase offers a wide range of silver bars, suitable for both small and large investors.
• VAT exemption: benefit from the margin scheme when purchasing silver coin bars, with no additional VAT costs.
• Guaranteed purity: all bullion bars are manufactured by LBMA-accredited refineries, guaranteeing the highest quality and purity.
• Secure delivery: your order is discreetly packaged and sent insured, ensuring your investment arrives safely.
• Excellent customer service: our expert team is on hand to answer all your questions and guide you through your purchase.