In addition to Gold, Silver and Platinum, Palladium is also an interesting precious metal. Palladium is the rarest raw material on earth. Palladium is much scarcer than gold and platinum. Palladium is widely used in the automotive and aviation industry, especially in electric cars. Palladium is only available in coin form because VAT is paid on bars and because these bars are scarce.
Platinum and palladium are both members of the platinum group according to the periodic system and are quite similar. Although the metals are chemically different, they have the same application in many areas. Both metals are mainly used as catalytic converters in industry and for cars. A selection of the other applications are: jewelry, space travel and medical science.
The palladium and Platinum Bars are taxed with 21% VAT in the Netherlands. The palladium and Platinum Coins In the Netherlands, they are subject to the VAT margin scheme whereby the selling party pays VAT on the sales margin. Platinum Bars in our Bins are exempt from VAT in Switzerland and Singapore, are located outside the EU.
The precious metal you buy from us often comes directly from leading mints and accredited refineries. We carefully check the precious metal in our range for authenticity.
You can silver Easy self-testing: