9.3
8.544 reviews
English
EN
Buying silver coins is becoming increasingly popular among retail investors. Silver coins are generally a more interesting purchase for private individuals than silver bars, as 21% VAT is charged on silver bars. Silver coins, on the other hand, fall under the margin scheme, where the selling party pays VAT on the sales margin.
The most advantageous for both private and business customers is to purchase silver bars outside the EU in combination with storage via Holland Gold Safe. Because these bars are in a customs depot in Switzerland or Singapore, no tax is levied. These bars are therefore VAT-free! By buying silver bars in Switzerland or Singapore, you get the most silver for your money!
Most silver coins have a standard weight of 1 troy ounce, such as the silver ones American Eagle, Canadian Maple Leaf and the Austrian Philharmoniker.
In addition to the usual weight of 1 troy ounce, you can also buy other types of silver coins. Popular are the kilo coins, often with an attractive appearance. The kilo coins come in different currencies, such as the Kookaburra and the Lunar. These coins change their design every year, which means that in addition to the silver value, the collector's value is also important.
Of course, in addition to international currencies, you can also Dutch silver coins buy. The most common coins are the old silver guilders, rijksdaalders and tenners. These coins were legal tender at the time and are now bought for their silver value. The newest of these coins was the silver tenner, which circulated in the Netherlands from 1970 to 2001. The silver content of these coins is 72% silver. These coins are loved both for their nostalgic value and for the fact that there is no premium charged on these coins. This way you can buy silver coins relatively cheaply, with an extra added value. Thanks to our purchasing trading partner, we have the opportunity to offer these Dutch silver coins competitively in price and in large quantities.
If you want to buy silver coins, then you have come to the right place at Holland Gold. Buying silver coins with us is quick and easy. We have most items in stock. We can deliver the products that are immediately available to you quickly.
Probably buying silver coins is not an everyday thing for you. You may have questions about our products, the delivery of an order, or any other topic. If that is the case, please contact us at +31 (0)88 4688 400 or send an email to klantenservice@hollandgold.nl.
People think of silver as the poor man's gold, which is absolutely the wrong way to look at it. Gold has the most monetary character, but silver moves in times when a financial system is under pressure, at least as much as gold.
Silver is a commodity and monetary metal. Gold and silver have related to each other to some extent over a long history; This is called the gold-silver ratio. Silver has not been this cheap in 25 years compared to gold.
Those looking to invest in silver can choose between silver coins and silver bars. Both forms consist of physical silver and are traded worldwide. However, there are clear differences between these two investment options, particularly when it comes to VAT and storage.
To understand the difference between silver coins and silver bars, it is important to distinguish between VAT-liable and VAT-free silver. Silver is classified by the Dutch Tax Authorities as an industrial metal. Therefore, a 21% VAT rate applies unless coins fall under the margin scheme or bars are stored in bonded vaults abroad.
Newly issued silver bullion coins (recognisable by the most recent year of issue) and silver bars purchased or stored in the Netherlands are subject to 21% VAT.
No 21% VAT applies to:
These “various years” coins fall under the margin scheme, meaning VAT does not apply.
Read more about the margin scheme
For private investors, purchasing VAT-free silver coins or bars is generally the most cost-effective way to invest in physical silver. The table below outlines the main differences:
| Feature | Silver coins | Silver bars |
|---|---|---|
| Available weights | From ¼ troy ounce (7.78 g) up to 5 kg | From 50 g up to 1,000 troy ounces (31.1 kg) |
| VAT-free purchase available? | Yes – “various years” silver coins | Yes – with storage in Switzerland or Singapore (bonded vault) |
| Legal tender | Yes | No |
| Liquidity | High, recognised worldwide | High, recognised worldwide |
| Storage options | VAT-free in private possession or in storage | VAT-free only with foreign bonded storage (otherwise 21% VAT applies) |
For most private investors, the following options offer the best value:
If you purchase silver as a business, you may be able to reclaim the 21% VAT on newly issued silver coins or bars through your VAT return. Always consult your accountant or tax adviser to confirm whether this applies to your situation before making a purchase.
The Silver bars are taxed with 21% VAT in the Netherlands. Silver Coins are subject to the VAT margin scheme in the Netherlands where the selling party pays VAT on the sales margin. Silver bars in our Bins are exempt from VAT in Switzerland and Singapore, are located outside the EU.
Yes, silver can tarnish over time. This natural process is called oxidation. During oxidation, silver reacts with substances in the air, such as sulfur compounds, or with skin oils upon contact. As a result, the surface of the silver may develop a black, milky, purple or sometimes green haze. Tarnishing does not affect the intrinsic value of the silver.
Silver coins can tarnish when stored in a humid environment or touched by hand. This can cause milky spots to appear, or the coin may gradually become darker or blacker. As long as the coin is not physically damaged—for example, by dents or scratches—tarnishing does not affect the buyback price.
If you store your coins yourself, we recommend keeping them in a dry, dark, and secure place, preferably in protective capsules or sleeves to minimize contact with air and skin oils.
For silver bars, tarnishing is hardly an issue. Even if a bar darkens slightly over time, this does not affect the buyback price when you sell it. Its value is determined solely by its weight and silver content.
For collectible silver coins, tarnishing can affect the collector’s value. Collectors often care about the appearance and condition of a coin. A heavily oxidized coin may therefore fetch slightly less than one in perfect condition.
By comparison, gold, platinum, and palladium do not oxidize and retain their shine even after prolonged exposure to air or handling.
Read more about the difference between silver bars and silver coins
Also read more about selling silver, selling silver bars, and selling silver coins.
Learn more about the difference between new silver coins and mixed-year silver coins.
Precious metals are not only interesting for private individuals. More and more entrepreneurs or business investors are opting for an investment in gold and silverThey buy gold and silver in the name of a business entity such as a private limited company.
Read here More about the advantages of buying precious metals for business.
No, silver bars are never supplied with a separate certificate of authenticity. This is why it’s important to buy silver bars that are LBMA-certified. LBMA stands for the London Bullion Market Association — the international organization that oversees the quality and provenance of precious metals.
Depending on their size, LBMA-certified bars are either casted or minted. All essential details are stamped directly onto the bar itself, making an additional certificate unnecessary.
Each LBMA-certified silver bar displays the following details, which together confirm the authenticity and origin of the bar:
Holland Gold exclusively sells silver bars produced by LBMA-accredited refiners. The Good Delivery status is an internationally recognized quality mark that sets strict standards for production, weight, and purity.
Learn more about the authenticity certificates that are standard with gold bars.
