

The total price, however, includes a 7% import tax, as well as 19% VAT on the merchant's margin.Įuropean silver buyers should familiarise themselves with VAT rates in their particular country before buying. In Germany, there is so-called margin scheme, which means that the coin is offered without VAT. There are two special value-added tax arrangements for silver coins in Europe. For this reason, precious metals dealers adjust the price of their silver products, according to the silver price movement in regular intervals as short as 60 seconds. Therefore, the price of silver is constantly changing. The price is subject to supply and demand and other factors such as option trading. Silver is freely traded on the world's stock exchanges. As a rule of thumb investors should be aware that there is a price difference in the purchase and sale of silver called the buy/sell spread. The value of the different 1oz silver coins depends on the current silver price, the VAT and the surcharge, which is also known as the premium. Other bullion products from the Perth Mint include: Kookaburra Silver Coins, Kangaroo Silver Coins, Koala Silver Coins, Lunar II Silver Coins, Kangaroo Gold Coins, and Lunar II Gold Coins and Gold Bars. The Mint is one of the most important producers of gold coins, silver coins and gold bars worldwide. The Perth Mint is located in Western Australia and was founded in 1899. Furthermore, the Royal Mint it is responsible for the production of the British Pound. The mint also produces the world famous Gold Sovereign, which was first minted in 1817. It is the manufacturer of Britannia silver and gold coins. The Royal Mint was founded in London in 886. The United States Mint also produces the American dollar. The most successful investment coin from this Mint is the American Eagle in silver and the American Eagle in gold. The United States Mint is the official mint of the USA. Furthermore, the “Münze Österreich AG” is responsible for the production of the Austrian Euro. The Vienna Philharmonic Silver and the Vienna Philharmonic in gold are one of the best-selling investment coins in Europe and the world. The Austrian Mint is based in Vienna, and the producer of the Vienna Philharmonic in silver. Other important products are the Canadian Dollar, Maple Leaf gold coins, Birds of Prey coins (2014-2015) and much more. Below we provide a brief overview of each institution.įounded in 1899, the "Royal Canadian Mint" is the manufacturer of the Maple Leaf silver coin. There are 5 major mints for investment silver coins in the world. The Most Important Mints for Silver Coins These coins can also be purchased in other weight units such as 1kg or 10oz. In this category, we list other 1oz investment silver coins. Special feature: Safety feature, radial lines A detailed description of the different coins can be found on the respective category pages. They also carry the lowest premium for 1oz silver coins. These coins are often also collector coins.īelow we introduce the most important and best-selling 1 oz investment silver coins in the world.

The term numismatic refers to coins that have limited production and are “rare”. We offer both investment and semi-numismatic coins. Silver coins are categorized into collector coins and investment coins. Due to the high fine content of silver coins, which is generally 999/1000 or 999.9/1000, the alloying parts are (almost) non-existent. The total weight of a silver coin also includes other alloying ingredients, such as copper. The troy ounce (oz) indicates the amount of fine silver in a silver coin. In the field of precious metals, the term "troy ounce" is used. An "ounce" (from Latin, Unica) means "one twelfth". "Oz" is the international unit symbol for ounces. The metric weight of 1oz for silver coins is 31.103 g of fine silver. The standard size for silver and gold coins is 1oz.
