Price perspectives for silver bullion coins
As a fellow silver bug I have compiled useful information learned from my own experiences collecting silver bullion coins and bars since 2009 when I purchased a first significant batch of Sterling 925 silver bullion. 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 saw good bullion 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.
Silver in 2019 looks to resume the physical silver bull market as prices re-break the trend line and clear $16.80 – there’s a lot of clear chart space above for silver to re-target a return to more historical silver/gold ratios of 60/1At $1500 gold – a relatively modest 70/1 ratio makes silver over $21
With silver mined and in the ground naturally at 11/1 – I believe we will once again see physical silver bullion trade over its $50 previous high.
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 global silver spot price and that’s before UK dealers add in their selling margins and the VAT!
Tip No.1 – keep it simple, trade direct, deal with trusted sellers with reliable reputations supplying fair priced 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.
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. My evolving silver coin 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 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!
2019 Silver bullion buyers & sales hub
As I develop a silver coin resource 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 2019 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 me at COINSUK 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.
I buy silver bullion in trade bulk, both new issues directly from official Mint suppliers, as well as second hand 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 coinsHow 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.
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 silver 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 trade your own silver and bullion coin collection, you’re welcome to get in touch with me for a friendly 1to1 chat by phone or email.
Further reading – info about buying vat free silver bullion coins and bars