Pre-Owned Umicore 5 Kilo Silver Bullion Bar.
The bar contains just over 160 troy ounces of silver and is struck in .999 fineness.
The refinery, serial number and fineness are all stamped on the front of the bar for authenticity.
Being sold on the special VAT scheme, this means you only pay tax on the dealer's margin. This results in massive savings for investors!
Umicore (formerly Union Minière), is a multinational materials technology company headquartered in Brussels, Belgium. It was formed by a merger of four companies from the mining and smelting industries 1989 and changed its name to Umicore in 2001 to reflect its diversification into other industry areas.
Value Added Tax is payable on new silver bars and coins in the UK and most states within the European Union, as it is for palladium and platinum bullion. The only exemption from this is for investment gold, which is exempt from VAT in the EU.
For secondary market bullion, VAT is added on to the profit margin of the bars/coins, making secondary market bullion a better invesment over new bar or coins. We have an explainer for special scheme silver here.
|Weight / Size||5 Kilogram|
|Silver Weight Troy Ounces||160.755|
|Fineness / Carat||0.999 Fine|
|Mint / Brand||Umicore|
You can find more information on payment and identification requirements.
Bullion coins are provided as is and on occasion may have some minor scratches or edge knocks. These are not regarded as faulty or damaged goods as their precious metal content and value as a bullion coin is not affected. Any coin sold for a value less than a 180% intrinsic is considered a bullion coin.
Gold investment products are VAT free. Silver investment products are inclusive of VAT at the current rate unless otherwise stated.
All investment products are based on the live precious metal price. Prices will be fixed once the item has been added to the basket and recalculates just before checking out.
If your product is not a graded coin and is considered a bullion item, it should be noted that these are bought and sold on low premiums over their precious metal content and not solely for aesthetic purposes; therefore, some products may have edge knocks and/or marks. These edge knocks and marks do not alter the specifications of the coins.
Please note that all investment products are exempt from the Consumer Contracts (Information, Cancellation and Additional Charges) Regulations 2013 and therefore customers do not have the right to cancel their order once the order has been accepted. If customers no longer wish to go ahead with their investment purchase, there is an option to sell the products back to Chard (1964) Ltd instead. View our current buy back prices.
View our full Terms & Conditions.
We aim to dispatch orders within 48 hours of receiving cleared funds. Our standard delivery methods are as follows.
If you wish to have your order sent by an alternative method (e.g., Saturday Guaranteed) please contact +441253343081 for more information. Please note, we will not dispatch high value orders over a bank holiday weekend.
For international delivery, please check with your local customs office for more information on custom duty and taxes.
Full delivery information can be found by clicking here.
We offer fully insured delivery on all special delivery options. We do need to pass on the cost of this insurance as it soon adds up shipping high value gold and silver products.
If you require any assistance, please do not hesitate to call the showroom on +441253343081 and one of our team can discuss your purchase.