£
Currency

Silver Coin Investment

Author: Lawrence Chard - Chairman and CEO

Published: 20 Nov 2018

Last Updated: 14 Aug 2019

We try to keep our investment advice clear and simple - buy in the cheapest form. Although investment gold is exempt from VAT in the UK, silver and other precious metals are not.

Silver and Long Term Investment

Silver is more volatile than gold and we regularly see its price soar and dip. Together with its VAT element, we recommend silver as a long term investment.

In recent years the price of silver has grown at a percentage higher than gold.

Coins or Bars

This is one of the most common questions we get asked. The answer is the same as above - buy in the cheapest form. Generally the cheapest way to buy silver is in the form of kilo bars.

Second Hand Silver

Second hand silver is sold on "special scheme" meaning that instead of paying 20% VAT on the entire selling price, you only pay VAT on the dealers margin. For this reason second hand silver is extremely attractive to investors. We often find that as soon as we've bought a coin or bar in, it's being sent out again as someone's order. We have a dedicated page for all of our special scheme silver coins and another page for special scheme silver bars. If we do not have them in stock remember to set up an email alert! 

The Silver Market

We cannot predict with any certainty what silver or any other commodity, or currency, will do over time. We are not financial advisors, and due to this we tend to avoid giving any definite or strong opinions on the silver market. There are some areas where we have considerable experience, and feel we can safely give advice.

Buy at Low Prices

It makes sense to buy silver when its price is low rather than high. Many people are tempted to buy silver when they hear that the price has risen. Although this can be the right action if the price continues to rise, it is often better to buy after the price has fallen. Conversely, if you believe that the time is right to buy, then don't wait and try to buy it at the absolute bottom as you are very unlikely to get it precisely right. We have heard it said many times that if you can buy within 10% of the bottom and sell within 10% of the top, you would be a very successful and happy investor indeed.

CGT Exempt Silver 1 Ounce Best Value Coin Single Newly Minted United Kingdom

Out Of Stock

Quantity Total
1 £26.32

Price Per Item:
£26.32 (Exc. VAT)
£26.32 (Inc. VAT)

Est UK Delivery
£3.50
5 £131.35

Price Per Item:
£26.27 (Exc. VAT)
£26.27 (Inc. VAT)

Est UK Delivery
£6.00
10 £262.60

Price Per Item:
£26.26 (Exc. VAT)
£26.26 (Inc. VAT)

Est UK Delivery
£6.00
25 £656.25

Price Per Item:
£26.25 (Exc. VAT)
£26.25 (Inc. VAT)

Est UK Delivery
£6.00
50 £1,312.00

Price Per Item:
£26.24 (Exc. VAT)
£26.24 (Inc. VAT)

Est UK Delivery
£11.00
100 £2,623.00

Price Per Item:
£26.23 (Exc. VAT)
£26.23 (Inc. VAT)

Est UK Delivery
£27.60
250 £6,552.50

Price Per Item:
£26.21 (Exc. VAT)
£26.21 (Inc. VAT)

Est UK Delivery
£30.60
500+ £13,015.00

Price Per Item:
£26.03 (Exc. VAT)
£26.03 (Inc. VAT)

Est UK Delivery
£49.20

1 oz Silver Coin Best Value - Secondary Market

Out Of Stock

2011southafricakrugerrandoneouncegoldrev500-B-1

Quantity Premium % Total
1
30
£28.50

Price Per Item:
£28.50

Est UK Delivery
£3.50
5
29.5
£141.95

Price Per Item:
£28.39

Est UK Delivery
£6.00
10
28
£280.60

Price Per Item:
£28.06

Est UK Delivery
£6.00
25
26
£690.50

Price Per Item:
£27.62

Est UK Delivery
£6.00
50
24
£1,359.00

Price Per Item:
£27.18

Est UK Delivery
£11.00
100
23
£2,696.00

Price Per Item:
£26.96

Est UK Delivery
£27.60
250
22
£6,685.00

Price Per Item:
£26.74

Est UK Delivery
£30.60
500+
20
£13,150.00

Price Per Item:
£26.30

Est UK Delivery
£49.20

1 oz Silver Coin Best Value CGT Exempt - Secondary Market

Out Of Stock

ourchoicesecondarymarketsilver500-B-1

Quantity Premium % Total
1
30
£29.50

Price Per Item:
£29.50

Est UK Delivery
£3.50
5
30
£147.25

Price Per Item:
£29.45

Est UK Delivery
£6.00
10
30
£293.50

Price Per Item:
£29.35

Est UK Delivery
£6.00
25
30
£730.00

Price Per Item:
£29.20

Est UK Delivery
£6.00
50
30
£1,457.50

Price Per Item:
£29.15

Est UK Delivery
£11.00
100+
30
£2,910.00

Price Per Item:
£29.10

Est UK Delivery
£27.60

Best Value 1 oz CGT Exempt Silver Bullion Coins - Minty

Out Of Stock

2011southafricakrugerrandoneouncegoldrev500-B-1

Quantity Premium Total
1
£7.70
£29.62

Price Per Item:
£29.62

Est UK Delivery
£3.50
5
£7.65
£147.85

Price Per Item:
£29.57

Est UK Delivery
£6.00
10
£7.55
£294.70

Price Per Item:
£29.47

Est UK Delivery
£6.00
25
£7.40
£733.00

Price Per Item:
£29.32

Est UK Delivery
£6.00
50
£7.35
£1,463.50

Price Per Item:
£29.27

Est UK Delivery
£11.00
100
£7.30
£2,922.00

Price Per Item:
£29.22

Est UK Delivery
£27.60
250
£7.20
£7,280.00

Price Per Item:
£29.12

Est UK Delivery
£30.60
500
£7.10
£14,510.00

Price Per Item:
£29.02

Est UK Delivery
£50.20
1000+
£7.00
£28,920.00

Price Per Item:
£28.92

Est UK Delivery
£101.40

1 oz Silver Coin Our Choice - Minty

Out Of Stock

ourchoicesecondarymarketsilver500-B-1

Quantity Premium Total
1
£6.70
£28.62

Price Per Item:
£28.62

Est UK Delivery
£3.50
5
£6.60
£142.60

Price Per Item:
£28.52

Est UK Delivery
£6.00
10
£6.55
£284.70

Price Per Item:
£28.47

Est UK Delivery
£6.00
25
£6.50
£710.50

Price Per Item:
£28.42

Est UK Delivery
£6.00
50
£6.40
£1,416.00

Price Per Item:
£28.32

Est UK Delivery
£11.00
100
£6.30
£2,822.00

Price Per Item:
£28.22

Est UK Delivery
£27.60
250
£6.20
£7,030.00

Price Per Item:
£28.12

Est UK Delivery
£30.60
500+
£6.10
£14,010.00

Price Per Item:
£28.02

Est UK Delivery
£50.20

1 oz Silver Coin Best Value In Capsule - New

Out Of Stock

2011southafricakrugerrandoneouncegoldrev500-B-1

Quantity Premium Total
1
£2.66
£29.50

Price Per Item:
£24.58 (Exc. VAT)
£29.50 (Inc. VAT)

Est UK Delivery
£3.50
10
£2.59
£294.10

Price Per Item:
£24.51 (Exc. VAT)
£29.41 (Inc. VAT)

Est UK Delivery
£6.00
25
£2.51
£733.00

Price Per Item:
£24.43 (Exc. VAT)
£29.32 (Inc. VAT)

Est UK Delivery
£6.00
50
£2.44
£1,461.50

Price Per Item:
£24.36 (Exc. VAT)
£29.23 (Inc. VAT)

Est UK Delivery
£11.00
100
£2.36
£2,914.00

Price Per Item:
£24.28 (Exc. VAT)
£29.14 (Inc. VAT)

Est UK Delivery
£27.60
250
£2.29
£7,262.50

Price Per Item:
£24.21 (Exc. VAT)
£29.05 (Inc. VAT)

Est UK Delivery
£30.60
500+
£2.21
£14,480.00

Price Per Item:
£24.13 (Exc. VAT)
£28.96 (Inc. VAT)

Est UK Delivery
£50.20

VAT Registered Company

If you have a VAT registered company, the company could purchase them and reclaim the VAT, but would have to recharge it upon sale, but this would neutralise the VAT element. We advise you to check and confirm this with your local VAT office before proceeding with this. In addition, any profits would probably belong to your company, unless you had a contract between you for the company to hold and store the silver on your behalf. You advise that you check and confirm this with your accountant or local tax office before proceeding.

Gold : Silver Ratio

The gold silver ratio is obtained by dividing the current gold price by the current silver price. When the gold:silver ratio is high it means that gold is expensive compared with silver, and when it's low silver is cheap relative to gold.

Although we can't say what the ratio should be, the mean average figure since 1970 has been around 54. Recently (August 2019) the record high has been tested and as I write this the gold silver ratio is currently is 88 which means that gold is either overpriced relative to silver ro silver is currently low priced making it a good investment choice. Just remember not to take the ratio as the sole investment tool when making a silver investment and remember to research the investment and industrial market to arrive at a conclusion. 

Gold Silver Ratio

Further Reading

You may also wish to read:- Investing in Silver

You may wish to view the live silver spot price.

You may wish to view all of our articles on our silver guide

Related Blog Articles

This guide and its content is copyright of Chard (1964) Ltd - © Chard (1964) Ltd 2024. All rights reserved. Any redistribution or reproduction of part or all of the contents in any form is prohibited.

We are not financial advisers and we would always recommend that you consult with one prior to making any investment decision.

You can read more about copyright or our advice disclaimer on these links.