For EU... Coin Invest Direct not showing 1kg Silver Bars....moved

Not sure why anyone would wish to buy a bar as opposed to a kg coin especially in Germany where the VAT on coins ( or coinbars ) is only 7% but 19% on bars. UK customers of course pay 20% on both but you can buy from German dealers and still get the lower VAT until the end of this year. Not so from CoinInvestDirect unless you arrange your own collection and then they screw you with hefty charges.
 
I'd agree with that 100% Photon, coin at less VAT, but I just found it interesting that CID were showing no 1kg Silver bar listing. Guess the same tax analogy would apply to all bars versus coins, so that's why the sudden lack of 1kg interested me.

Rockin'
 
TreasureHunter said:
For null VAT on silver within the EU, you should check CelticGold
Click to expand...
Yeah, but despite that, they are not the cheapest. nil VAT sounds great, but they're not passing that on to the buyer.
Foe example, at this exact time, to buy a 10 oz Koala 2014 (ugliness aside for the moment);
Celticgold charge euro 176.03
A well known German bullion dealer with the 7% VAT charges euro 171.76.

I would be interested to see if celticgold become the cheapest from january when German VAT rises to 19%, or will they take advantage and raise their prices too.
 
You must log in or register to reply here.
Back
Top