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Where to sell silver coins without paying commission & sales fees

GB britannia silver bullion coins

Buying silver bullion coins can seem a good investment whilst silver spot prices are at modest prices and a historically low gold to silver ratio, but don’t forget that in order to realise the best possible return on your investment you will also need to discover how to re-sell your silver bullion coins for the best prices without incurring selling costs and commissions for each coin or batch of silver bullion you want to sell!

Making silver trade and coin sales fast and easy with CoinsUK SilverHubs – zero sales fees to sell silver

0% – we believe you should pay zero 0% commissions to sell your own silver bullion and coin collections

Places to sell silver coins & bars

Traditionally coin sellers might consider one of the following sales methods, alongside which I have highlighted some of the pros and cons;

  • Sell coins to a coin dealer = coin shops and online dealers will generally offer a fairly low trade value, typically close to the silver trade spot price. Professional reputable coin dealers will usually offer a fair additional premium for any added collectability or numismatic value, although in the case of the more recent .999 bullion coins, rounds and bullion bars issued over the last decade, you can expect close to spot price from most dealers.
  • Selling coins privately through an online auction = a good way to discover the retail market price
    Cons: selling fees can typically range 5-10% which you’d pay after the sale for every item listing. Also factor payment fees like Paypal typically around 3%. Auctions also tend to restrict you from striking a deal directly with buyers which can mean you’re locked in to their platform and pay a percentage commission on every single coin sale.
    Also time consuming listing multiple coins, photographing collections and placing sales listing details.
  • Social media sales like facebook etc = limited specialised silver buyers and coin collector traffic. Each coin sale listing also tends to quickly get lost in un-helpful constant scrolling listings format, i.e. there’s usually no menus, categories etc which makes it difficult for buyers to find what’s being offered for sale.
  • Coin forums = Low costs plus the ability to trade directly with fellow silver and coin collectors for the best prices and potential to discover unusual silver coin treasures before the dealers get to buy them.

Silver Hubs coin selling forums lowering silver sales costs

CoinsUK enable you to buy and sell silver bullion and gold coins fee free by utilising the new SilverHubs silver coin trade forums and 0% fees classified coin re-selling platform which enables you to select one simple low cost annual listing membership enabling you to use the sites selling facilities to sell as many coins and silver bullion ounces as you want, without the need to make further payments, or incur any direct selling costs for each sale.

The SilverHubs also enable you to quickly list your coins for sale using their fast duel listing tools which automatically posts your sale items onto both classified listings and the UK silver Hubs forums so that you gain maximum sales exposure. Other free coin re-selling facilities on the SilverHubs coin platform include;

  • FAST & FREE profile Registration SilverHubs
  • New metals forums, silver insights, offers and articles growing daily through 2020 
  • Fast worldwide data servers deliver secure browsing & precious metals information securely at high speed
  • Open unbiased information and forum knowledge sharing is always free
  • Access to silver trade experience
  • Free and Confidential members user profiles
  • Discover great silver deals, treasures & scarce items from around the World
  • Low cost annual  SILVER HUBS membership
  • Classified for sale & wanted adverts, free 30 day listings
  • 0% selling fees means you keep more cash, actually you keep all of your cash! when you sell on SilverHubs
  • Trading members feedback – buyers & sellers trust silver members who build positive feedback
  • Secure private messaging & photo storage
  • Signature message in posts & ability to link to your own private web site or online blog
  • Your own online classifieds e-store for free sale listings to sell your precious metals, gold, bullion & silver coins.

How do the costs compare for selling my silver coins?

Here’s 2 typical examples of coin selling formats, based on selling £500 worth of silver coins, aproximately one full Mint tube of 25 ounces silver bullion coins at a retail value of around £20 per 1ounce coin;

A/ Online auction sale, typically have fee’s of 10% of the sale and 2.9% Paypal fee = £65 costs per sale!
SilverHubs zero coin selling fees for silver members – you would simple pay an annual private membership and selling license of: £35 total with unlimited selling limits. You can sell 10x or 100x more anytime throughout the year and still pay the same fixed cost.

B/ Sell 25 ounces of bullion to a coin dealer, based on silver spot price aprox £15 / ounce = 25 x £15: returns you £375, i.e. you loose aprox £125 of the retail value, by selling to a trade dealer.
SilverHubs zero % fee = you can sell at or close to retail price and retain the full selling price yourself, less any Paypal fee if you opt to accept that payment method, which is not compulsory when you sell at SilverHubs.

britannia uk silver collectors coin
UK Britannia Royal Mint silver coin

How to make your own direct silver and precious metals trading connections, conducting sales direct between buyer and seller: Whilst this is positively banned on most online auction sites because they have a desire to keep your business and sale fees locked into their platform, at SilverHubs we provide a free silver forum where you can ask questions, discover silver coin and bullion investing information, share advice and opinions to build positive, trusted direct trading partnerships; that’s the best way for you to retain all of your silver and coin sales price yourself, whilst building connections who you know and trust.

Coins UK Silver Forums Your free resource to discover UK silver coin deals, vat free silver, UK coin and silver trading information.

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VAT Free discount silver coin sales

Browse the CoinsUK specialist silver sales shop where you will find a comprehensive selection of UK stocked silver coins and collectables. We partner with UK coin dealers and private sellers to search out a wide range of both new and secondary sale, pre-owned silver coins enabling you to benefit from our experience matching fair pricing, low margins with VAT free sourced silver to give UK coin buyers access to reliable, trusted suppliers of fine quality official Mint produced silver coins at fair trade prices.

All CoinsUK approved stock, or secondary market silver is available for guaranteed next day delivery, fully insured and sent in pain discrete secure packaging.

We partner with the silver trade and authenticated, trusted retail silver coin sellers to help you source your silver coins at low prices. We’re a small lean business which means small overheads and an efficient way for you to cut out the middle men and get your silver coins directly from authenticated sellers.

UK legal tender VAT free silver bullion coins

All CoinsUK silver is checked and guaranteed genuine. We generally only sell official Mint produced silver bullion coins as well as older numismatic Sterling silver coins, most of which are UK Legal tender and therefore except from Capital Gains tax, i.e ; pre-1920 silver coins and UK Britannia, or UK Mint £2 and £5 pure 9999 silver bullion coins.

Try us for a quote on any quantity of silver, either new 2020 silver bullion or VAT free secondary market silver bullion

NEW 2020 We can also arrange commission free coin sales, matching coin sellers with buyers, tax free, commission free and no final sale fees using our exclusive UK Silver Coin selling facilities.
Get in touch with CoinsUK

UK legal tender vat free silver coins
CoinsUK legal tender Royal Mint Britannia £2 Pounds pure 999 silver bullion coin
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Guide to buying low priced Silver bullion without VAT

britannia 1oz silver bullion coins vat free

Covered in this UK silver buyers information guide:

  • Buying VAT free silver Coins in the UK 
  • How you’re probably paying too much for your silver
  • Why buying silver from VAT restricted dealers isn’t always the best idea
  • What are the pro’s & cons of investing in silver
  • Where and how to re-sell your silver coins for the best prices

Information sharing disclaimer; CoinsUK share our own experience and opinions, we not offer personal investment advice.

You’ve probably figured out that silver bullion has been an underpriced commodity, but how do you buy the precious metal at the best available price per ounce whilst minimising the dreaded VAT aspect of investing in silver bullion!? 

Making silver trade fair and easy

Here’s my CoinsUK quick buyers guide to help you discover how the retail silver trade works and how you can get a price advantage stacking silver bullion coins and bars vat free

As a silver coin buyer myself, I have had those same frustrations “where to buy and sell silver bullion coins at the best price?”

Do you always pay VAT on buying silver coins in Britain? and when Is VAT charged for retail customers and the general public when buying silver bullion in the UK?

NO VAT is not automatically payable on all silver bullion purchases, it isn’t that silver attracts the VAT, it’s more a case that the larger retailers have to charge VAT on silver themselves, simply because they’re trading beyond a VAT threshold.  Therefore the first thing we can do as retail buyers is shop around for coin dealers with smaller turn-over, perhaps part-time specialist silver re-sellers like CoinsUK, or private coin collectors who are totally free to sell their own silver without charging any added VAT. Different Countries within the EU have their own VAT rates and rules, regardless of which you will only pay the vat tax once – in the Country of sale, although this may change post the UK’s departure from the EU.

The most cost effective method of buying physical silver coins is almost certainly buying from sellers who are not required to be UK vat registered.

Where to buy low cost VAT free investment silver

This is the reason why many coin buyers choose to re-sell their own coin collections on auction sites like ebay and ebid (ebid generally has lower sales fees & hence can also be a good place to find an occasional silver bargain!)  The slight downside with auction sites can be the sales commissions of up to 10% plus Paypal fee’s which can bump up the sales costs for collectors and silver stackers.  

Tips – advice for buying & selling silver bullion coins and bars

Silver Stackers Top tip:  A technique I’ve used myself whilst accumulating much of my own CoinsUK silver stock and special silver offers, without VAT, is once I’ve found honest, reliable coin sellers who are reducing their own silver stack, it’s then beneficial to keep in regular contact and gradually make direct offers to buy their silver, perhaps agreeing a set rate, or a fixed rate over spot.  Even paying say 20% over spot can result in finding a good source of VAT free silver, significantly lower priced than many of the UK coin retailers since most of the larger UK coin dealers will be adding 20% VAT on top of their own buying cost and sales margins.

SilverHubs is a new direct silver trading hub & silver information Forums which enables you to Buy, sell and trade direct, person to person. CoinsUK site readers can join the UK forums free: SilverHubs silver trading forums
to sell your silver coins for the best prices

How the coin trade pricing works; Silver coin retailers add a coin re-sale premium on top of the Mint production and resale premiums, on top of which 20% UK Vat is also added, unless it’s a secondary market Margin scheme sale, in which case the tax is paid on the profit margin.

Sourcing reasonable quantities of silver bullion from UK margin scheme sellers can be a time consuming challenge, especially at times of bullion price appreciation because there simply isn’t a lot of quality silver coins and bars coming onto the second hand market. Linking buyers directly with silver sellers on the secondary silver market is something I am actively engaged with to help silver investors find reputable sources for accumulating silver bullion at fair trade prices.

Coinsuk SilverHubs is a fair trade community for silver appreciation and enables silver stackers to trade together in a safe, trusted environment whereby everyone can benefit from sharing silver resources and information to make the buying and selling process clear and fair for all.

Why are the larger coin dealers & the UK Royal Mint so expensive to buy physical silver bullion coins from? 

The simple answer is that A/ they have significant retail overheads to cover, typically larger premises to facilitate their staff, various taxes on premises, rates, insurances as well as staff and wage costs, pension contributions etc etc plus of course the need to make a higher profit to justify their capital allocations.  Smaller coin dealers, rural shops, work from home specialist collectors and private sellers are typically able to trade much more nimbly with lower fixed costs and of-course often under the threshold for which we have to add in the UK Govs 20% VAT rate!

UK VAT free silver coins from the EU

In recent years there has also been a rise in European dealers who are selling silver bullion coins on a EU VAT margin scheme at a reduced VAT & tax rate.  Reduced VAT Margin dealers can be worth exploring especially if you are looking to buy significantly large volumes of bulk priced silver bullion, which is often needed to justify the extra costs of shipping and insurance from Europe.  You will also need to consider any foreign currency exchange rate costs, typically UK Pounds Sterling to Euro.  There’s also still going to be some element of added tax, relevant to the overseas retailer plus their profit margins on the retail silver coins as well as any post Brexit tax implications.

Simple solutions to saving money when buying silver bullion coins in the UK

A/ Search out private sellers – and negotiate their best price – deal directly person to person.

B/ Find smaller retail sellers, shops and online coin sellers – who are reducing silver stock and can sell without VAT

C/ Consider negotiating larger orders at a fixed price and pay a deposit to lock the silver rate, which is something that I’m always happy to look at with on my own silver sales

Why is paying VAT on investment silver not a good idea for private buyers? 

Simple – you’ll rarely be offered any of the 20% VAT element back when you come to re-sell your silver to a VAT registered bullion dealer or scrap merchant! 

Do an online search of the larger coin retailers including The number 1, 2 and 3 silver retailers! They’ll all typically offer you the net silver spot price per ounce with at best a small premium of perhaps spot +1%, maybe very slightly higher if it’s a scarcer coin, if you’re lucky!  No matter how coin dealers phrase their buy-back offers, it’s still a signifiant loss if you’ve paid a 20% tax on your purchase!  i.e. A dealer might say something like ‘we pay 100% spot plus 1%’ – it sounds good right!! wow – we get the whole 100% plus an extra %! In reality – the  99% or 101% is simply based on the industry spot price, NOT the VAT inclusive price.

Private coin collectors, silver stackers or small trade buyers do not suffer this pricing limitation and are therefore free to offer lower priced silver when selling PLUS higher buy back prices when you come to re-sell. 

Private silver buyers tend to pay a reasonable premium for good silver coins which will still typically mean that the coins are priced below a dealers vat inclusive price.
i.e – At CoinsUK I will often pay 15, 20, even 25% above the spot silver price to re-buy certain silver coins,  which equates to a fairer trade deal all-round, for both buyer and seller.  Selling your silver coins privately will also enable you to find coin collectors who are paying a higher price per ounce simply because they’re buying direct and cutting out the middle-man as well as the dealer and tax.

Are there any other ways to make buying investment silver in the UK cheaper without VAT? 

Yes – Now launched! Coins UK silver Coin selling Hubs & forums to enable you to trade directly between buyers and sellers, with zero commissions, that’s zero % sales fees. 

As a fellow coin collector and silver stacker, I’ve experienced the same frustrations of where and how to buy fair priced silver bullion in the UK as well as “how and where to re-sell silver without paying high sales commissions and loosing the investment gain”! 

Are the Britannia coins legal tender and CGT free? what’s the benefit of buying British Mint issued silver coins? CGT Free is great – so long as you actually make a gain on your silver investment!

The Britannia 1ounce silver coin as minted by the UK Royal Mint is legal tender for it’s face value of £2 (two Pounds Sterling) Legal tenders true meaning is that the coinage can be used to pay debts or fines in a UK Court! It does not mean that banks, post offices or shops are obliged to accept these coins for payment. Likewise it does not mean that we can’t use the value contained within the precious metal of the coins to trade them ourselves for goods or services at their derived or intrinsic value should we wish to.

Britannia bullion coin view

The face value of a Britannia 1oz coin is two Pounds, although the market value far exceeds this and is determined by; A/ The silver spot price plus a premium for production, mintage, delivery and selling costs. B/ The intrinsic value, or any premium assigned by the buyers perceived value.

Do CGT free silver coins make better coin investments? The UK Britannia coins legal tender nominal value means that the Britannia 1 ounce £2 silver bullion coins are CGT free, but what advantage is “Free of Capital Gains Tax” if any gain has already been wiped out by the high purchase cost in relation to a net VAT sales price, less sellers fee’s. Remember that to first benefit from any CGT advantage, you first have to make a gain!!

It is also worth exploring your own liability to Capital gains and current tax rules before you go rushing to simply buy British minted Britannia silver coins. If indeed you aren’t going to use your current CGT free allowance, you may well benefit more by buying coins with greater collector appeal as well as similar or lower premiums than the Britannia. Good examples of investment bullion coins include the newer South Africa Mint Krugerrand and the increasingly desirable more limited issue 1oz silver Dragon bars which are minted by the Perth Mint and are also authenticated legal tender coins with a $1 face value.

Generally speaking CGT free is not always a significant benefit, if any benefit at all! to UK buyers who would not be using up their current Capital gains tax free allowance. (always seek advice and do your own research if in doubt about your own tax situation)

There are increasingly vocal counter arguments to the UK Royal Mints assigned Legal tender status to certain coins and their counter move of giving coins with a much lower actual precious metals content – an actual higher ‘legal tender amount’ At face value coins like the £50 silver might look to be good value and many UK buyers have been fooled and annoyed to subsequently discover that no-one will actually accept these coins at face value! because they are not actually ‘circulating legal tender’ which is something the Royal Mint conveniently seem to omit from their sales promotions! A further downside is that the actual precious metal content – pure silver bullion is exactly the same as the £2 Britannia!

What looks the best value – a RM coin sold for £50 containing 1 ounce of silver or a £2 Face Value Britannia currently retail at under £20 each, also containing the same 1 ounce os silver!?

Silver certainly looks to be undervalued at mid 2019 prices with extreme gold to silver ratios, however it’s still important be do your research and aim to buy fair priced silver coins without added VAT and then look to establish a plan for re-selling the coins easily without dealer or sales commissions.

It’s for these reason – I’ve been working hard to help fellow coin collectors and silver investors get access to their own Silver Coin trading platform which they can use commission free, with unlimited buying, selling and trading, whilst also exchanging tips, information and the best buy prices directly between buyer and seller – ‘cut out the middle man’.  CoinsUK – Coin Hubs also incorporates lots of new facilities to make the whole process of buying and selling silver bullion coins and bars a simple, fair, safe and trusted experience in the UK as well as the USA, Canada, Australia – as we expand the facilities to coin sellers Worldwide.

UK silver coins benefiting from lower direct peer-to-peer re-sale costs;  Pre-1920 .925 Sterling silver, Britannia collectable .958 silver coins, Britannia £2 1 ounce 999 silver bullion, Royal Coat of Arms 999 silver 2019 silver bullion coin.

Pre-owned and margin scheme secondary coin sellers: The British Government have a Margin scheme whereby dealers can re-sell coins that are not legal tender coins in the UK.  Many non UK minted Legal Tender coins can be sold in the UK on the VAT margin scheme whereby the dealer will pay VAT on the profit margin, these types of coin sales are often good value, although at times hard to find in reasonable quantities!  typical coins which we’d see come up for re-sales on a margin scheme include; USA American Eagles, Canadian Maple-Leafs, Kangaroos, legal tender 1oz coin bars, Mexican Libertad and more recently the limited issue Perth Mint Dragon $1 coin bars.

Finding dealers who will happily re-sell second hand silver on the UK margin scheme can be a good source of cheaper priced silver bullion coins and bars. In theory many of the UK Royal Mints silver bullion coins would not be applicable for the margin scheme since they are in fact classed as Legal Tender – i.e the UK Britannia is Two Pounds Sterling and Legal tender for the sum of £2 – all be it, non circulating.  Having said that, the Britannia and coins like £5 Queen’s Beasts do still occasionally come up for sale on the reduced tax Margin scheme for secondary sale silver!   Off-course if you buy your silver privately or from a dealer who isn’t required to be registered for charging VAT – you will not need to pay any VAT at all, not even the VAT on a profit margin, because VAT just won’t be applicable, that’s the significant benefit of buying silver from smaller retailers and private re-sellers.

If you’re a UK bullion dealer or re-seller offering cheap fair priced silver, or using the vat coin sellers margin scheme and would like to offer your silver direct to UK Silver Coin buyers, we’d like to hear from you at
Private sellers of silver bullion and collectors coins looking to get the best prices, sales commission free for your silver, can get free trial access to our CoinsUK CoinHubs.

Further reading; How to sell silver bullion and silver coin collections at a fair price

You can also discover more about investing and collecting silver bullion coinage, ask questions, post your own silver topics, all for free at out silver coin forums

fair trade places to buy and sell silver coins in UK SilverHubs – The platform for discovering Silver.
CoinsUK SilverHubs are now LIVE and Free to join, 2019.

I hope you found the silver insights useful and if you have more interest in the silver trade I am always pleased to hear from you ‘Steve Hotson’ – you are welcome to get in touch anytime

CoinsUK does not offer professional investment advice or personal investment advice, and strongly encourages all readers to consult with their own personal financial advisors before making any investment decisions.

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How to buy silver coins without UK VAT

silver bullion uk coins

Our No.1 request from UK silver collectors has been for information about the different forms of ‘VAT FREE SILVER’ and how to find good vat free silver deals from coin dealers or private sellers here in UK, especially in a Brexit 2020! Here’s our un-biased opinions, silver forecasts and updates including pricing information for buying and selling silver bullion coins without incurring the VAT.

All information contained herein is editorial, experience and opinions, it should not be ascertained as personal investment advice. Our primary business is assisting private and trade purchases or sales of silver coins and bullion. Since we are not affiliated to any one commercial organisation, nor do we sell large quantities of silver ourselves, we are free to report on and assist you with all aspects of the silver trade.

You are welcome to explore more silver insights at SilverHubs where you can also Buy or Sell your silver direct with 0% sellers fees using the free silver coin sales facilities

Prelude / update for Dec 2019
Silver spot prices are in a consolidating pattern currently around $16.70-$17.00 / ounce (Comex futures paper prices)

Silver price update for January 2020
As anticipated Silver prices have consolidated! and are back into an appreciation pattern which are now re-targeting $18 which will then set up a bullish chart pattern towards our 2020-2021 silver price target of reaching $21 / ounce. (spot / futures paper prices)

2020 Britannia 1 ounce silver bullion coins now available, VAT free, free UK Special delivery. Physical coins which you own in your possession. Britannia £2 silver coins are legal tender in the UK and is therefore Capital Gains Tax Free, CGT Exempt. The UK Mint Britannia coins contain one Troy ounce of fine 999 silver bullion.

A cautionary note regarding VAT free silver coins for storage outside the UK: Personally, I would be cautious of the value and investment potential offered by certain bullion dealers who are providing ‘vat free silver coins for overseas storage‘ or ‘reduced premium silver coin prices’ for allocated overseas storage. This form of holding silver means that you do not physically have possession of the silver bullion coins yourself. Hence when you want to re-sell the silver coins you are:

A/ restricted who you can re-sell the silver to, meaning you’ll probably only get close to spot price, loosing most if not all of any premium you’ve paid for coins.

B/ If you want to actually take physical delivery of the silver bullion coins so that you can re-sell on the open market, you may then incur the additional 20% VAT if you want to take actual delivery and ownership in the UK. (+any shipping cost!) see notes below for more information.

Some Silver stacking context: As a fellow silver bug and silverstacker I have compiled useful information learned from my own experiences collecting silver bullion coins and bars since 2009 when I purchased my first significant batch of Sterling 925 silver bullion coins. More silver stacking followed in 2011, although with silver doubling in price from around £10 per ounce to over £21 per ounce, I was then paying around £29 per ounce for the China Mints 3-999’s silver Panda coins to join my existing collections of older pre-1920’s .925 Sterling silver.

2014 experienced good silver bullion demand and historically low spot prices with further purchases of VAT free silver; the 2014 limited issue privy editions £2 bullion Britannia which the UK Mint initially released to the VAT free USA and European wholesale bullion trade and wholesale coin markets.

In 2011 with silver at £21 / $27 per ounce – there was strong interest and growing demand for real physical silver bullion. What followed was almost constant short selling of paper derivatives and paper futures contracts on the comex market which constantly drove the spot silver price back towards the £10-£13 ($13-$16) levels, ultimately creating another unique opportunity to accumulate physical silver at historically attractive prices.

My Silver price predictions for 2020 – 2021price guesstimates are just a personal target!
Silver prices in 2020 look to be resuming the physical silver bull market as prices re-break the trend line and cleared $16.80 – there’s a lot of clear chart space above for silver to re-gain a more respectable 80/1 ratio and longer term targeting historical silver/gold ratios closer to 60/1 which implies silver still has significant appreciation to catch up with the gold price.

Given that there is significant silver supply to meet ‘current global silver demand’ a 60/1 ratio may be a tad optimistic but even at a 70/1 ratio silver would still represent good value compared to it’s physical mining ratio which is around 11/1

At $1500 gold – a relatively modest 70/1 ratio makes silver valued at over $21 per ounce.
With silver mined and found naturally in the ground at a ratio of 11/1 – I believe we will once again eventually see physical silver bullion trade over its $50 previous high.

Is there VAT on UK Silver coins? and is it worth paying VAT buying silver bullion in the UK?
Whilst silver attracts VAT – it is only chargeable by business sellers who are over the threshold and required to charge vat.

This means that private sellers, coin collectors, whom we feature at CoinsUK SilverHubs offering person-to-person / collector-to-collector sales, are not automatically required to add VAT to their silver selling prices. Therefore if you want to find the lowest costs per ounce of silver it makes perfect sense to search out private and small business sellers who can buy and sell silver bullion coins on low vat free margins, or simply to recoup a fair price without incurring taxes and selling fees.

With the growing popularity of the newer .999 pure silver bullion coins It can appear a complex market when it comes to sourcing these silver bullion coins in GB at a fair price in relation to the silver spot price and that’s before UK dealers add in their selling margins and the VAT! Buying silver bullion coins from dealers with secondary market lower taxed silver, dealers in lower tax jurisdiction locations or even better directly from fellow private silver investors who are looking to sell directly is usually the best way to find lower silver coin costs per ounce.

How buying silver bullion coins at best per ounce prices improves our overall investment potential.

Tip No.1 – keep it simple, trade direct, deal with trusted sellers with reliable reputations supplying fair priced silver bullion coins. Silver is a natural element symbol Ag. which has performed a perfect role as a natural, reliable, trusted form of money for over 4000 years, enabling people to conduct trade directly between buyer and seller, person to person. Aim to eliminate as much of the supply chain and complexity from buying your silver coins as possible and you’ll discover how to lower your overall silver costs per ounce.

Tip 2. Silver Premiums always disappear with time, in the long run most value investors tend to price silver in relation to the spot market bullion price plus a reasonable coinage premium. Unless the coins are really scarce and sought after, the lower the initial premium bullion you pay, the higher your gain on resale. As a general rule you will make more money on silver bullion from buying coins as close to ‘bullion spot’ as possible, than simply hoping that a huge rally in silver prices will help you recover higher priced, taxed premium coins.

Britannia 2 Pounds .999 fine silver bullion coins

There are ways to buy cheaper silver and if your aim is to build a profitable investment collection, it pays to reduce your costs per ounce by dealing with fellow silver sellers directly and learn how to confidently accumulate tax free silver directly from trusted sellers. The evolving silver coin trading hubs will enable you to do just that; deal p2p person-to-person, tax and vat free, buying your silver coins at the lowest prices by eliminating un-necessary complexity and third party bullion dealers overheads.

After all – you just want low priced, cheap affordable silver bullion right! which you can use to store your purchasing power, investment value and have a trusted unit of internationally recognised currency with which you can freely trade.

The silver market has evolved a lot over the last 10 years with plenty of new releases joining the pure 999 silver scene! I’ve got some exciting projects underway to help fellow silver-stackers gather accurate up to date information as well as share my insights into buying silver at the best possible prices whilst always keeping a fine eye on what to buy and just as importantly how and where and to re-sell your silver coin investments without loosing a good proportion of your investment to taxes, commissions and selling fees!

2020 Silver bullion buyers & sales hub

As we develop a silver coin sales hub there’s lots of silver knowledge and trading tips that I’m alway happy to share and help fellow UK coin buyers with, as more than ever in 2020 the silver bullion market has huge choice and price variation. The good news is that it really doesn’t need to be complicated, keep things simple, gather and share trusted information, experience and sales facilities – all things I’m working hard to share whilst I work with both the silver industry and retail to improve silver’s appreciation and hopefully a steady return to more awareness for silvers true role as the ultimate global ‘sound money’ and store of value.

Dealing with us at COINSUK & verified silver members at SilverHubs has several advantages over the larger GB based bullion dealers, which enables you obtain fair priced silver coins competitively in the UK without adding un-necessary VAT and sales taxes to the sale prices.

UK Royal Mint CGT free Britannia fine .999 silver bullion 2 pounds coin

I buy silver bullion in trade bulk, both new issues directly from official Mint suppliers, as well as secondary market silver which is usually just as new, safe stored in original Mint tubes. As a small business with an active interest in the silver industry, I share the savings with fellow collectors enabling you to deal person to person sharing my resources and experience to help lower your own silver bullion costs.

As a UK based SMB we can currently trade under the VAT fresh-hold, which means silver coin collectors benefit from silver bullion coins without added UK VAT = lower priced silver coins

How to buy silver coins without VAT – COINSUK zero vat on UK silver coin sales

As a fellow silver coin fan – slightly frustrated by the Uk’s confusing silver coin market, I have compiled a guide to buying silver bullion coins and bars at fair low prices without Vat in GB.

Fair trade silver – making silver trade easy

A fair trade approach to buying and selling your silver coins, trade directly with coin buyers and sellers, as we launch CoinsUK SilverHubs – the place to sell your silver coins commission & selling fees Free! Vat free – sales fee free; SilverHubs silver trading community – discover more silver insights.

COINSUK also trade with silver buyers and sellers of VAT free secondary market collectable silver bullion coins which we can sell at low margins. Our UK silver bullion coin stock includes a comprehensive selection of the main World Coin Mints, including; 1oz silver Britannia, Silver Maple-Leaf, 9999 Aus Silver Kangaroo, SA Silver Krugerrand, Dragon silver 1ounce bullion bars, plus various larger sized 5 ounce and 10 ounce silver bullion coins.

Specialists in VAT free UK Mint Britannia £2 silver bullion coins

COINSUK offer you a fast assured low cost source for your UK silver bullion coins. We have bulk silver bullion available for fully insured, free next day delivery. Assured quality checked and official Mint distributor sourced silver bullion coins.

Taking delivery of physical silver bullion saves storage costs & counter-party liabilities

There’s a saying in precious metals forums – “If you don’t hold it – you don’t own it!”
Whilst the lure of VAT free offshore stored silver coins and bars sounds appealing, it usually comes with a couple of significant catches; 1. There’s a monthly storage fee & 2. If you ever want to physically get hold of your silver in times of financial turmoil, they’ll be extra shipping costs as well as any relevant vat and taxes to pay once you opt to take delivery. Most ‘allocated platforms’ also have fees or a buy/sell spread.

The simplest, safest way to buy and hold silver bullion is to buy popular internationally recognised Minted coins which are easy to re-sell, small units of easily tradable silver like Britannia, Krugerrands, Dragon bars etc. Buy from a non registered or VAT free seller and take physical ownership at the lowest cost per silver ounce you can secure.

If you would like more information about lowering your silver bullion costs, or how I can help you sell your own silver bullion and coins, you’re welcome to get in touch with me for a friendly chat by phone or email.

Further reading – silver coin selling information and contacts

Secondary market vat free silver coin sales info about buying vat free silver bullion coins and bars
Sell silver Coinssilver coin buyers offering fair trade and who pay over spot silver prices