interesting Cook Islands 1kg coins

Discussion in 'Silver' started by mr-dead, Jan 3, 2013.

  1. mr-dead

    mr-dead Member

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    mr-dead, Jan 3, 2013
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  2. DanielM

    DanielM Active Member Silver Stacker

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    They can keep em
     
    DanielM, Jan 3, 2013
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  3. kjf

    kjf New Member

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    :eek:


    250g would be kinda cool.
     
    kjf, Jan 3, 2013
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  4. mr-dead

    mr-dead Member

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    apparently these were designed to be easily sold on to industry as due the shape they are easy to tool.
     
    mr-dead, Jan 3, 2013
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  5. bullionbug

    bullionbug New Member

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    Maybe, but I think it's mainly a means to provide a kilo product that still avoids VAT for sale within EU, since they are coin shaped and thus legal tender. It's an advantage versus bars.
     
    bullionbug, Jan 3, 2013
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  6. mr-dead

    mr-dead Member

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    Thats what these were for :)

    http://www.edelmetall-handel.de/silber/cook-silber/cook-islands-munzbarren-1-kg.html
     
    mr-dead, Jan 3, 2013
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  7. Pirocco

    Pirocco Well-Known Member

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    Well, there is already a Cook Island 'mintbar' since many years, so this new kilocoin design is not like necessary to avoid the higher full tax in several countries, it's more of a new way to do so.
    [img=FluxBB bbcode test]https://www.thesilvermountain.nl/media/catalog/product/cache/1/image/9df78eab33525d08d6e5fb8d27136e95/h/d/hd-cookisl-baar_1_1.png[/img]
     
    Pirocco, Jan 3, 2013
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  8. DanielM

    DanielM Active Member Silver Stacker

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    LoL they beat Perth mint to rectangular coins, but damn 100oz coin? Nice as
     
    DanielM, Jan 3, 2013
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