1000 oz Silver Bar VAT-Free - Loco Zurich Storage

The 1000 oz Silver Bars are stored in a state-of-the-art bonded warehouse in Zurich, Switzerland, offering a VAT-free silver option for investors looking for long-term bullion storage.

Please note this product is sold as a 'storage only' item and is not available for purchase with delivery. It is VAT Free, because it is stored in Switzerland and outside of UK TAX jurisdictions.

• Fineness: 999 fine silver
• Storage Location: Zurich, Switzerland

These bars contain approximately 1,000 ounces of pure silver, as each bar is unique and you will only pay for the exact metal weight of the bar ordered, plus the premium. Once an order has been placed, our customer service team will reach out to you to confirm the quantity of ounces purchased.

For more information, or to enquire about purchasing a 1,000 oz 'Good Delivery' silver bar for delivery, please contact us on 01253 343081.

View our full VAT free bullion range.

'Loco' Zurich

The term 'loco Zurich' refers to silver bullion that is physically held in Zurich, Switzerland. The word 'loco' from the Latin word 'locus' meaning 'place'.

LBMA Approved

The LBMA approved 1000 ounce silver bar is a 'Good Delivery' bar, meaning it meets the correct requirements to ensure the top quality of bullion.

Cheap Silver Bars

Buying silver bars for bonded storage in Zurich is an excellent way to own silver bullion at low prices. Being stored in a bonded off-shore warehouse means they are not liable for VAT, which means investors can make massive savings at the point of purchase.

Silver Good Delivery Bars

The trapezoid bars seen in films are representative of what are known as London Good Delivery Bars. The strict criteria for acceptance of these is set by the London Bullion Market Association (LBMA), which demands strict standards of purity, quality and appearance.

An LBMA accreditation is highly valued and a removal off the Good Delivery List of approved refiners can have serious implications for any substandard producer.

Who Owns the Vaulted Silver?

Simply put, you do. We often find that there is considerable confusion around the ownership of metals which are stored in our vaults or overseas. We have seen a number of comments on social media saying "if you don't hold it, you don't own it", however this saying is more applicable to "paper silver" as opposed to vaulted metals.

Paper silver in the form of ETFs (Exchange-Traded Funds), futures contracts etc., are claims to future silver purchases, so in those instances, you don't own the metal, you merely own a claim to it. With vaulted storage, your purchased products are physically stored in real vaults, with the silver belonging to you.