These VAT Free Silver 1 Kg Bar Our Choice - Loco Zurich are stored in a bonded warehouse in Zurich, Switzerland and intended for investors looking for long-term bullion storage.

Manufactured by a top Swiss refiner (Our Choice)
Storage Location: Zurich, Switzerland
999 fine silver
Contains 32.1510 troy ounces of the precious metal
VAT free
Weight: 1kg

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 - outside of UK TAX jurisdictions.

To purchase silver kilo bars for delivery, please see our new kilo silver bars and our pre-owned kilo silver bars. Click on this link to view our VAT free silver 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'.

Silver Storage

Buying silver bars for storage in Switzerland is an excellent way to own silver bullion at low prices. Being stored in a bonded warehouse means they are not liable for VAT, which means investors can make massive savings.

Who Owns the Vaulted Metal?

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.

Key Information

Intrinsic Value	£1,799.35
Product ID	13321
Stock Status	In Stock

Product Spec

Metal	Silver
Weight/Size	1 Kilogram
Silver Weight Troy Ounces	32.1507
Fineness/Carat	0.999 Fine
Mint/Brand	Assorted

Book an appointment

Book an appointment in London or Blackpool and let our precious metal experts assist you.

BOOK NOW

Chards Coin and Bullion Dealer offer fully insured delivery, on-site storage facilities and free collections from either of our Blackpool and London showrooms.

As a reputable bullion dealer, we focus on quality and excellent customer service over speedy delivery. We aim to despatch orders within 2 working days, however, during moments of volatility within the market, you may experience delays in despatch. You can find more delivery information, including our latest delivery times, on our delivery page.

Despatch may also be delayed if you have selected products with lead times or we require further documents to verify your identity.

Our chosen couriers:

Royal Mail
DHL
Parcelforce

UK and BFPO

Delivery Option	Est. Delivery Time*
Standard	3 working days
Fully Insured	1 working day

High-Value Deliveries

We also offer a dedicated service for high value orders. Quotes are available upon request. Our high-value logistics partners are:

Malca-Amit
Regency
Loomis
Brinks

* Estimated delivery time is the delivery timescale from the despatch date on your order. We are not responsible for delivery delays once it is with the courier.

Invest with Confidence • Invest with Chards

60 Years Experience

With over sixty successful years of experience, Chards leads with knowledge, offering education and trusted resources to help you invest wisely. We’re committed to supporting our customers every step of the way.

Family Business

We pride ourselves in providing a level of service that's tailored to you, with care, attention and the highest ethical standards that a corporate body cannot always match.

LBMA Full Member

The LBMA govern the London Bullion Market, the world's largest precious metals market. As full members with global partners, we commit to secure and ethical transactions.

Fully Insured

Our specialist insurance through Lloyd's of London covers against any potential risks associated with orders, deliveries and our vaulting service giving customers peace of mind.

UK Showrooms

Strategically positioned in London's Hatton Garden and Blackpool's South Shore, our offices offer personalised, face-to-face consultations in two locations.

Auditing & Accounts

We regularly provide and undertake transparent verification of our financials and vaulted assets to deliver exemplary customer confidence.

Precious metal investments are not regulated in the UK.
Investment values can fluctuate and may decrease as well as increase. Past performance is not indicative of future results.
Pricing:
Prices are based on the current precious metal price and may change.
Payment and ID:
You may need to provide identification to make a purchase. You can find more information on payment and identification requirements.
Bullion Coins:
These may have minor scratches or edge knocks, but this does not affect their value. Any coin sold for a value less than a 180% intrinsic is considered a bullion coin.
VAT:
Investment gold products are VAT-free, while silver products include VAT.
Cancellations & Returns:
Once you place an order, you cannot cancel it. We do not currently accept returns, however. You may be able to sell your investment products back to Chards at the current buy back rate.

For more details, please see our Terms & Conditions.

Quantity	Premium %	Per Item
1+	3.20%	£1,856.93
5+	3.15%	£1,856.03
10+	3.10%	£1,855.13