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.
In contrast to gold, the choice of bars or coins for silver is more important because of VAT. Silver is an industrial metal as opposed to gold, which is categorized as a monetary metal. As a result, Silver bars 21% VAT charged. As for all other "white" precious metals such as platinum, palladium and rhodium. For individuals, it is therefore better to Silver Coins silver coins are subject to the margin scheme in the Netherlands. In the margin scheme, the trader does not calculate the VAT on the turnover, but on the difference between the selling price and the purchase price of the goods: the (profit) margin. As a result, a lot less VAT is paid for silver coins. It can only be interesting for business customers to buy silver bars because in some cases they can reclaim the VAT.
The most advantageous for both private and business customers is to buy silver bars or platinum bars to be purchased in combination with storage outside the EU, such as in Switzerland or Singapore. Because these bars are in a customs depot, no tax is levied on them. These bars are therefore VAT-free!
Read more in the Starter's Guide – What do I buy??
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 discolor. This discoloration process is called oxidation, which is a natural process for silver. Oxidation is a chemical reaction that takes place when silver comes into contact with, for example, air or hands. This will make the silver black or milky in color. To preserve the appearance of silver as much as possible, we recommend that you do not touch the precious metal with your bare hands and store it in a dry, dark and safe place. A discoloration does not affect the value of Silver Coins or Silver bars.
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 never come with a certificate of authenticity.