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  3. NEW 2020 Britannia .999 silver £2 one ounce bullion coins: £17.45 each UK Royal Mint Two Pound silver bullion coins orders of 10+ ounces, available for despatch from 25Nov supplied in protective coin sleeves, or original Royal Mint tubes of 25 coins Special Delivery at cost; £8 per 10 ounces or £9.75 for 25 ounce tubes Update to UK sales Hubs once in UK stock for delivery message if you'd like to reserve any 2020's at this rate. (*prices will update weekly in line with silver)
  4. Stuck bY Guernsey independent mint LIMITED ISSUE UNC one ounce 0.999 Fine silver coin Dia 32.00 Weight 31.1035 .999 silver 8 DOUBLES Tube of 25 coins: £500
  5. How to reduce your silver coin stacking costs by opting to pay less VAT or even go VAT free to buy and sell your silver! Is it possible to buy silver in the UK without paying VAT? Short answer; hell yes! Business sellers generally charge VAT, but that doesn’t mean private stackers & silver coin buyers have to pay the extra tax! Private coin & silver bullion sellers do not have to charge VAT which means there’s an obvious advantage buying silver on the secondary market if you want to find the lowest cost per ounce of silver. Does secondary market mean lower grade second hand silver? Not at all, in fact given the investment nature of silver bullion, most silver holders tend to keep their silver safely stored away, just like new. It’s not like buying an electric car, watch or phone which are all going to gradually wear out and usually depreciate over time, whereas silver bullion is solid money, it’s a monetary store of value (amongst many other things) although it may show some signs of a natural tarnish or toning, this has no negative effects on it’s ability to perform it''s silver functions! Most investment grade silver bullion coins from the official World Mints are also supplied in air-tights, or protective plastic Mint tubes, which helps keep the coins well protected. Cut out the middlemen, trading directly between trusted sellers with reliable reputations supplying fair priced priced silver bullion coins will ultimately save you money. Should I buy more expensive scarcer coins? Silver coin premiums usually disappear over 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 especially scarce and sought after it is unlikely you will benefit from buying more expensive standard 999 silver bullion varieties like coloured or obscure mint productions. i.e. the lower the initial premium on the bullion you pay, the higher your potential 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. SilverHubs enable you to deal person-to-person, tax and vat free, buying your silver coins at the lowest prices by eliminating un-necessary complexity and overheads. When you just want fair trade priced, cheap affordable silver bullion 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, buying the lowest priced pure one ounce 999 silver coins are a good place to start. Buying pure 999 silver legal tender coins at the lowest premiums is a sure way to get more bullion for your buck! Growing in popularity is the trend to buy silver from smaller retailers who can trade under the VAT threshold, or indeed from coin dealers in the UK and EU who are using the margin scheme whereby they charge VAT at either a lower rate or just on the ‘profit margin’ thus giving you a lower purchase price for qualifying silver. Buying VAT free UK Royal Mint Britannia £2 silver bullion coins Whilst the Britannia silver bullion coin is produced or ‘Minted’ by the UK Royal Mint, it’s seldom the cheapest place to actually buy their own silver coins from! I guess much of the Mints extra premium comes from the sheer size of their minting business and the high overheads that are associated with the sales and administration of such a complex enterprise. The Royal Mint are also obliged to add a 20% added vat tax onto their silver selling prices. Whereas in contrast silver which has already had some degree of tax paid, or been imported from low tax Countries, can then be subsequently re-sold here in the UK at a lower price. Even new UK Britannia silver coins can often be found on the secondary market, wholesale distributors or via import agents at a substantially lower price than you would find from the UK Mint or the UK’s larger coin and bullion dealers. It's those ‘overheads’ taxation which often needs to be covered by these larger businesses charging higher premiums above spot for their physical coin sales) 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 sound of VAT free overseas stored silver coins and bars sounds appealing, it usually comes with some big potential pitfalls There’s a monthly storage fee 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. When you want to sell your silver coins you can only re-sell back to the same dealer that's holding your silver - thus you do not have access to a free open market price, i.e. you're stuck with what-ever price this single buyer will offer, which is often just 'spot price' hence you loose any coinage premium you paid. The simplest, safest way to buy and hold silver bullion is to buy popular internationally recognised legal tender coins which are easy to re-sell, small units of easily tradable silver like Britannia, Krugerrands, Dragon bars, Maple-leafs, American Eagles, Kangaroo pure 9999 silver etc. Buy from a non registered or VAT free seller and take physical ownership at the lowest cost per Troy ounce silver you can find. Now you’ve bought your silver investment at a good price, how and where can you re-sell silver coins without incurring sellers fees and auction commissions? SilverHubs is a fair trading community for silver which enables silver stackers to trade together in a safe, trusted environment whereby everyone can benefit from sharing the silver resources and information to make the buying and selling process clear and fair for all. How the coin trade prices work to help both buyer and seller; Because sellers can advertise their silver coins and precious metals on the trade Hubs without any selling or listing fees it means they can offer their coins at a fairer price when compared to selling at a typical auction. Buyers benefit from getting direct person-to-person access with sellers, i.e. there are no middlemen or associated trading costs, no vat from private sellers, plus any trade sellers here will be competing to offer their best value products and special offers. Comparing to buying at dealers; Silver coin retailers would typically 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, (or any state-side taxes) unless it’s a secondary market Margin scheme sale, in which case the tax is paid on the profit margin but they'll still be some element of profit based tax. Sourcing reasonable quantities of silver bullion from UK margin scheme sellers can be a time consuming challenge, especially at times of spot bullion price appreciation when silver coin prices are rising, 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 the Hubs are actively engaged with to help silver investors find reputable sources for accumulating silver bullion at fair trade prices. Conclusion & summary for sourcing silver coins VAT free The first thing to think about when buying silver is; where am I going to sell it. Is the silver fairly priced compared to spot silver? general average bullion coins will usually range 10-30% over spot. If you can source UK silver coins around 25% over spot, it's usually a fair mid trade price which basically covers the costs of coin production and distribution. (as opposed to say 45-50% over spot which you may find at dealers who are adding on 20% vat) Dealing direct person-to-person fee free / 0% sellers fees with trusted feedback ranked sellers helps you find the best priced silver Further insights about investing in silver and precious metals Consider your own objectives - is it a mid or long term investment? precious metals investing is rarely profitable as a short term hold unless you’re really skilful or lucky! with you’re investment timing. Choosing when and how to scale is important, it’s worth being aware of international events, politics and monetary policies which might effect your timing and entry price for buying precious metals. Become well informed regarding your own tax situation in respect of any liability to pay capital gains tax on the sale of physical gold or silver. In the UK there is generally an annual amount of capital gains free income allowance, i.e. you won’t need to pay a tax on this specific amount of the capital gain you might make when you re-sell your precious metal holdings. In UK any coins which have a UK legal tender status are classed as CGT free, these include Britannia silver bullion coins with a face value of £2 pounds, Coat of Arms 1ounce silver bullion coin also with a legal tender value of two Pounds, various Queens Beast’s 2oz (Two Troy ounces of 9999 silver) which is £5 face value legal tender, as well as various other silver bullion coinage issued by the UK Royal Mint. Certain UK Gold bullion coins also have CGT free status, being legal tender; UK gold Sovereigns are £1, Britannia gold coins in various sizes are all legal tender as detailed below. * Individual Countries each have their own rules regarding declaring gains and paying capital gains tax when selling precious metals for a profit. i.e. In the United States, each State will have it’s own rules for taxation as well as the federal capital gains tax which applies to gains on most investment gains. Trading or barter of silver for third party goods or services could also have certain requirements to record any potential gain, if indeed you are making a profit by trading your precious metal. In theory, if you decide to exchange your gold or silver for good or services equal to the amount you paid for it, then there’s no gain! In practice, were you to trade 10 silver coins for say a $200 car repair it’s hard to see how anyone is going to account for that as a gain? Obviously trading a tonne of silver for a property may be a different entity! If anyone has specialised professional knowledge and research on using silver in payment and barter, we’d love to hear from you and feature more in-depth work on this topic. Another aspect with using any form of legal tender cash including US Dollars, US $1 silver Eagles, UKPounds etc - is that they are freely floating currencies and by their very nature are constantly going up or down in relative value and in reality who ever declares a capital gain on their actual earned currency notes, if for instance you take them overseas and exchange them at a relatively higher value than you paid or earned them at!? * final footnote - always seek professional tax accounting advice relevant to your own personal or business situation. * further notes on legal tender and how not all legal tender is created equally! (coin updating to articles) Summary note: the higher legal tender face value coins like £50 limited issue - actually contain no more silver bullion than the UK £2 Britannia, both being one Troy ounce of silver. Britannia Gold coins face values One ounce: £100 Half ounce: £50 Quarter ounce: £25 One-tenth ounce: £10 Britannia Silver coins face values One ounce: £2 Half ounce: £1 Quarter ounce: 50 pence One-tenth ounce: 25 pence UK Mint 2 ounce Queens Beasts silver bullion coins are £5 five pounds face value UK Mint 10 ounce Queens Beasts silver bullion coins are £10 ten pounds face value Coin facts and silver content American junk silver coins Roosevelt Dimes, Washington Quarters, Liberty Franklin and Kennedy Half-Dollars minted 1964 or earlier are .900 bullion containing 90% silver. The values of most average circulated USA silver coins minted in the 1920′s up to 1964 is derived primarily from the coins silver content. UK collector silver coins Pre 1920 coins are .925 Sterling silver and are always a popular choice with collectors and silver investors worldwide. British pre 1947 silver coins are .500 silver bullion which contains 50% silver. There are a number of advantages to investing in these older legal tender precious metal coins: they are often more collectible than general bullion coins and bars. Junk or scrap silver coins can often be purchased closer to spot price. Official World Mints solid .999 silver bullion coins with amongst the lowest premiums include 999 or 9999 silver bullion coins include; USA $1 American Eagle, UK £2 Britannia, Canada $1 MapleLeaf, Mexico Libertad, South Africa Krugerrand, Australia Kangaroo & Perth Mint 9999 silver Dragon bars, European minted Austria Vienne Philharmonic. These coins contain the purest grade 999 parts / 1000 of silver bullion Whilst there are many other pure 999 silver coins available from a vast array of official as well as private Mints, many are often sold are higher premiums to collectors, or in the case of private minted coins and bars, they often do not have quite as broad an appeal as the more recognised legal tender coins which generally benefit from better supply demand dynamics. i.e good prices and always in demand! Wether you are new to stacking or a seasoned precious metals investor, we’re confident that you’ll discover some precious treasures and metallic insights here at the info-Hubs and silver forums. SilverHubs promise you will save more than the silver membership when you trade your silver. Buy, sell & trading with silver helps silver appreciate and build value. SilverHubs are advocates of sound silver money | your input on the hubs helps build a World silver resource for everyones benefit Thank You - I appreciate your support, Steve Hotson, SilverHubs founder & administrator
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  7. Thanks, yes - Dragons started in 2018. Re the 2020 Dragons - I think we won't see those until early 2020 + I've a feeling that all 2020 mintages will be popular. Cut instinct is that 2020 will be a good year for precious metals, right through 2021-22, as the central banks crank up their currency devaluation/fiat money printing. 2020 just looks good on a silver coin 🙂 I'll be actively scouting out the first 2020 Dragon bars (already have sourced some 2020 Britannia on at aprox 20% saving on the Mints prices) Will aim to start a separate topic for 2020 coinage / availability / trade prices.
  8. Evening Steve,great read. Did you mean dragon bars have been minted since 2018 and not 2008 ? Any idea when 2020 dragons will start to show up ?
  9. In my experience, people look for 3 keys things buying silver coins; Authenticity - the legal tender bullion coins from World Mints tick this box, legal tender/coin design/mint tubes - all make them harder to forge, (not that we're seeing much fake silver as yet, but that could change when silver's $50-$100 an ounce! Local Country specific silver, i.e in UK the default is Britannia 999 silver £2, Canada the Maple leaf, USA Eagle etc Collectability, any enhanced premium form scarcity, i.e. desirability Since the Britannia switched form .958 to .999 silver and the Mint went from collectors silver to basically bullion investment silver, there's not really much added collectability value in most of the newer Britannia bullion silver, although certain years and older coins will still get a premium at times. (less so than many retailers will have you believe!) i.e 2013, 2014, 2015 Britannia are still relatively scarcer and can sell for £1-£2 a coin more than a current year. If a collector wants a tube of every year, they're going to happily pay slightly more to add the older years, especially if the silver has been well stored and is still in as Mint condition. There's also the lower mintage privy editors and oriental borders - all command a decent premium with collectors. The Dragon 1 ounce 9999 silver bullion bars are very unusual, in every sense, since they tick all the above boxes and people have really taken to them. They look good, they're an unusual design, minted to a very high quality - in my opinion far far better quality than any bullion the Royal Mint produces AND they're quite a small mintage at just 500k for Worldwide sale. That means there's not many at all reaching the UK shores, compared to the unlimited minted Britannia. I'd say there's no comparison from Dragon bars, to bullion like the Maple, or US Eagle, given the huge mintage volume the Eagles are produced at, not uncommon to see 30,000,000-40million Eagles minted per year, that's 80 X more than Dragons!! Even an older nice 1999 Eagle still had a mintage of over 7million coins, compared to a 1999 UK Britannia just 69,394 that makes a 99Britannia 100times scarcer than the equivalent US Eagle. 2001 even scarcer at just 44816 Britannia v 9million Eagles! You can see why older Britannia fetch a premium. Back to bullion - As silver prices rise, most premiums of all but the most desirable silver coins, will disappear. i.e. imagine a scenario with silver at £50, most silver bullion buyers won't care too much wether they buy say a 2016, 2020, 2030 year coin and it's unlikely that the 2016 will fetch much different to say a 2020 / 2030 etc (forward thinking!) Same rules will apply, buyers will want the trust and authenticity which comes from the genuine legal tender minted coins, as well as buyer/seller trust of course. I think they'll still be modest premiums for the scarcer more unusual coins amongst collectors, the Dragon bars should maintain their desirability. Meanwhile, they look and stack nice 🙂 Final thought, in a declining or static market - having added collectability does also have benefits. Personally, I'm happy paying a premium on the Dragon bars. I also appreciate premiums on older collectable sterling silver or fine graded silver coins. I will do a specific article on various mintages V values Plus add some Dragon bars into the trade Hubs. Hopefully other sellers will start to trade them here as well at some stage (although since they only started minting in 2018, I'd guess most owners are buyers rather than sellers right now!) 2008 Dragons are also quite scarce, you don't see many at all with UK dealers and they certainly are commanding a decent premium.
  10. I suppose for me it’s getting my head round the fact that as an investment it doesn’t matter what type of 1oz silver coin or bar it is, although the dragon bars are nice you are paying a premium.I see on EBay etc that some coins don’t sell so well so I steer away from them when in fact I could be get them for a bargain price.
  11. I've heard of people buying gold in Dubai, I'm guessing they do not tax silver the same as most western Countries? On balance, unless you happen to be out there, it's probably not a huge saving from buying the best priced silver we'll get here. With spot currently close to £14 - that's all most dealers will offer private sellers, hence if you can sell direct and get £15-£17, that will be an attractive increase for some sellers & that's how dealing direct will benefit both buyer and seller. Privately - we should find that this site establishes it's own 'mid price' for standard bullion coinage. Currently around £17.40 for 1ounce .9999 silver bullion coins; * any delivery & payment costs like Paypal, shipping/delivery - always adds a fair amount to silver costs, even shipping within UK. There will always be cheaper silver to be found overseas, especially when you get; A/ closer to the mining source B/ zero or low tax regions But there's always going to be issues carrying it, or transporting into UK, if it's in any volume - they'll be transport costs and some degree of import duty/VAT. Currently our European friends are still a good source, but again - needs to be a reasonable volume to cover shipping costs. All in all, buying from trusted private sellers, or doing trades direct - will be a good way to exchange silver. * above's just examples at current silver prices and is based on standard silver bullion, as apposed to more limited issues or scarcer silver coins etc
  12. Does anyone have experience of buying silver/gold while in Dubai,I had a contact last year who would fly to Dubai and bring back 1oz Britannia’s,I was buying them off her for £14 a coin.Not sure if she was flying out specially or just visiting family and recouping costs by bring coins back,wondered how she was buying them for that cost?
  13. It's free to smile and say hello, Welcome new site members here Post a quick intro, any initial thoughts and ideas you're looking to discover on the forums?
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  17. Steve Hotson


    © © SH SilverHubs.com

  18. Here's a link to our sister site CoinsUK guide to buying VAT free silver coins https://coinsuk.co.uk/guide-to-buying-low-cost-silver-bullion-without-uk-vat
  19. 13/Nov/2019: Current SilverHubs trade price, for 1ounce silver bullion coins is; £17.26 / £172.60 per 10 + postage Whilst the trade Hubs here populate with sellers trade offers, if there's anything you would like to buy from our own promotional silver stock, you can order by either; A/ Contact us / message - to let us know what you're looking to buy & we will confirm prices & delivery options direct with you or (both options are VAT free & provide insured tracked Special delivery to UK & EU) B/ Visit our approved COINSUK secure e-commerce CoinsUK store and buy online Ultimately - the Silver trade Hubs will by their very nature of member-to-member trading, start to undercut even our own low trade prices, since they'll be private sellers who wish to sell at a fair price, which will be far better for them than selling to a spot trade buyer. Also better for the buyer since the Silver Members who are selling here won't be paying any sales % fees and can therefore sell at a fairer price.
  20. Registration is fast & gives you free access to the info hubs and forums. After registering you will receive a validation email to validate the email you wish to register with. (email addresses are private, are not displayed on the site or shown to other members) If you do not receive the validation email, please check your email junk box. If it's blocked by your email account, you can email us directly using the email you'd like to register and we'll set the membership manually for you. Profiles / displayed usernames can be real or anonymous. If you are planning to use the hubs for active trading & sales you might prefer to use real names, (compulsory for business users) to aid trust and authenticity. Profiles and display names can be changed after registering by selecting your user account (top right of screen) select account settings/change display name.
  21. We're often asked - which type of silver bullion coins should I buy to get the best value silver ounces / pound? Generally speaking there's an old adage that 'premium always disappears' when it comes to bullion Buy quality, Mint recognised silver coins at the lowest premium you can find Any official Mint pure .999 silver bullion coins, ideally tax/vat free to get the best price Official Mint silver coins which are legal tender i.e. have a face value in their country of origin which gives them authenticity Added re-sale appeal of lower mintage coinage, but don't overpay the premium to get it, unless you're collecting UK Britannia £2 silver .999 bullion are always popular with UK silver buyers, CGT free - but again be weary of overpaying premiums especially if making gains of around £10k + isn't go to be a real issue for you, it's often as well to look at the more interesting, collectable World Mint coins, or scarcer limited mintage silver, if the price per ounce is attractive. Scrap silver, pre-1920 Sterling silver coinage is .925 silver and always highly desired by both silver stackers and numismatic coin collectors Silver investment bullion coins we like + include in our trade priced Hub includes: UK £2 Britannia .999 silver from 2013-2020 SA Mint silver Krugerrand bullion 2017 (first year) onwards (investment priced bullion was from 2018) Perth Mint 1ounce .9999 silver rectangle Dragon bullion bars, has limited mintage and new design each year Canadian Maple-Leaf 9999 silver, good World renowned bullion coin, added security features make it hard to forge USA American 1 ounce silver Eagle, World recognised, low premium in USA but often higher priced in UK/EU Pert Mint 1ounce pure 9999 silver Kangaroo bullion coin, often amongst the lowest premium bullion coin, good value All of these silver bullion coins are usually available from our best priced silver trade hubs, or in the respective regional silver trading hubs, but if you can't find what you're looking for - message us and we will almost certainly know of approved, verified sellers who are looking to sell at good prices, or indeed physical stock on the Silver sales hubs.
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