VAT Free Silver 1 oz CGT Exempt Coins - Bullion Storage - Loco Frankfurt

These 'our choice' 1 oz silver bullion coins offer a unique investment opportunity, with 0% VAT and exemption from Capital Gains Tax (CGT). Unlike typical silver purchases in the UK, which incur a 20% VAT, these coins allow investors to maximise their returns, no matter how much they choose to store. Stored securely in a bonded warehouse in Frankfurt, Germany, they are ideal for investors interested in 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 Germany and outside of UK TAX jurisdictions.

As the silver coins are safely secured in Frankfurt, a monthly storage fee indicated at checkout will apply.

• Fineness: 999 fine silver
• Silver Content: Contains 1 troy ounce of silver
• Weight: 1 oz

An alternative option are our VAT-free 1 oz silver CGT-exempt coins, stored in Zurich, Switzerland, which still offer the same tax benefits. You may also wish to explore our full range of VAT-free silver coins and bars.

'Loco' Zurich

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

Royal Mint Official Partner

Chards is an official partner of The Royal Mint. These Royal Mint products, are sourced directly from their mint headquarters in Llantrisant, Wales.

CGT Exempt Silver Coins

These coins are chosen on a 'our choice' basis and will all be CGT exempt for UK residents.

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.

What Is Capital Gains Tax?

Capital Gains Tax (CGT) is a form of levies imposed on the profit garnered from the sale of assets, such as real estate, investments, and collectibles. We offer a comprehensive guide to Capital Gains Tax, covering essential information such as the current CGT allowance in the UK, tax rates for basic and higher-rate taxpayers, and CGT-exempt bullion investment products.

For UK residents, bullion coins which are UK legal tender pound sterling coins are exempt from capital gains tax (CGT).