Investors have found the white metal alluring for some time now. Due to the potential to make significant gains once prices rise, the popularity of silver is gaining ground. The gold-silver ratio has widened considerably and silver is now more than 100 times cheaper than gold. Investment options and silver include bars of varying sizes and a variety of choice in coins.

There are important differences in buying bars and coins. These include considerations of important investment factors like divisibility, value, variety and liquidity. In this article, we will explore these differences and understand whether it is prudent to invest in silver coins or bars.

Coins offer distinct advantages

Coins are usually a better bet for investment for a couple of reasons. They offer far better divisibility than owning large silver bars, providing flexibility to sell small amounts. If living in the country of issue, they can also be Capital Gains Tax-free. Bars can be slightly cheaper due to lower production cost, but quantity discounts are achievable when buying lots of coins.

It is interesting to know that silver coins are available in 10 ounces and 1 kg versions. One of the compelling reasons for the popularity of silver bars is that they carry lower production costs. This offers investors the opportunity to acquire more silver for their money. However, large coins are almost similar to investing in bars. Additionally, these coins are tax-efficient if they have a face value.

The importance of divisibility

Investing in a variety of smaller coins will enable the investor to spread the value of the investments. This is an important factor as it allows you to take advantage of different price points when the market is good. Investing in a large bar gives you that one opportunity to sell, while smaller coins can be sold bit by bit to maximise profits.

Silver bars can offer greater value

The experience of purchasing a large silver bar is altogether different from acquiring coins. There are large bars available that weigh 1 kg or 5 kg, and they offer an excellent opportunity to acquire more silver at a cheaper price per gram. This is simply because silver bars carry lower production costs and design costs. If the purpose of your investment is simply to acquire a larger amount of silver at cheaper prices, then bars could be the right choice for you. However, you need to bear in mind that large silver bars do not tick the boxes for divisibility, variety and tax efficiency.

Tax-efficient investments in silver

Unlike gold, 20% VAT is payable on all silver bars and coins. Needless to say, this escalates your purchase price and eats into your profit margins.

Physical Gold, a well-known precious metals dealer in the country prior to Brexit offered VAT free silver. Sadly this is no longer possible, due to the terms of the UK’s exit from the EU. However, even with paying 20% VAT, the price differential is negligible. This is because:

a) We have reduced our product range of silver products. This means we are buying at highly competitive prices and pass this discount on to our customers!

b) We can also now provide free delivery on silver, as we ship now directly from the UK. Delivery was previously charged for

In addition, we can also supply silver and gold together in the same order now, whereas previously to attract VAT free silver we needed to accept “silver only” orders.

Silver coins that carry a face value, on the other hand, is recognised as legal tender in the country. Therefore, they can be acquired CGT free. While you will end up paying VAT when buying these coins, the profits you make when selling them are tax-free up to a level of £ 12,000 in a single tax year. It is important to be aware of these tax implications when investing in silver to make the right choices when building your portfolio.

Call our silver experts to get the right advice before buying

At Physical Gold, our precious metals experts can offer you impartial advice on making the right purchases. Call us on (020) 7060 9992 or get in touch with us online to discuss buying your silver.

 

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The silver Britannia has won its place in British coinage history as one of the most iconic UK coins to be ever released. The coin was introduced in 1997 and had a fineness of 95.8% in its original issue. The 1-ounce silver coin reflected the design elements of the original gold Britannia, which was introduced by the Royal Mint 10 years earlier. The popularity of the gold Britannia prompted the Royal Mint to start minting a similar coin using silver. Within two years of its release, the fineness of the silver Britannia had been increased to 99.9%. Needless to say, the 24-carat silver coin enjoyed immense popularity amongst collectors and investors alike.

The iconic design

The silver Britannia, like its gold counterpart, features the classic image of Britannia on its reverse. The Britannia icon was possibly conceived as early as Roman times. It is the image of a goddess warrior, carrying a shield and a trident. This classic image is a testament to the spirit and bravery of the people of Britain. The design elements used in the silver Britannia coin was created by the famous designer, Jody Clark. The obverse of the coin features an image of our reigning Queen, Elizabeth II. Since its issue, the coin has seen some changes in design and mintage with different weights and dimensions.

Silver Britannias are the most popular silver investment coin in the UK. They represent very good value as they are mass-produced to bullion finish which keeps production costs low. They are legal tender, so any gains made are also tax-free.

The value of a silver Britannia for an investor

The value of the coin is dependent on the spot price of silver. As a thumb rule, the coin can fetch a sale value of approximately the 1-ounce silver spot price. Generally, the sale price would be just under the spot price of silver, unless the coin commands a premium due to a collector’s edition. The bullion version of the coin is mass-produced and attracts low premiums. In addition to this, bulk orders of the bullion coin can qualify for attractive discounts, when buying from a reputed dealer. The best part is that the silver Britannia offers investors an incredible opportunity to enter the precious metals market at a lower price point. On the other hand, the gold Britannia is a prohibitively expensive coin to buy.

The rising price of silver

One of the reasons that the coin has enjoyed popularity amongst investors is the expectation that silver prices will eventually rise in the future. The use of silver in industrial applications has grown over the years and will continue to rise in the coming years, as electronic cars, solar power solutions and other electronic products continue to dominate the marketplace.

However, the production of silver has dipped over the years. Market experts believe that a price rise is imminent for silver, and investors who purchase silver Britannia coins today can expect to book healthy profits once the price of silver reaches its peak.

The precious metal experts at Physical Gold can advise you on buying silver coins

Physical Gold is one of the country’s most reputed gold and silver dealers, who offer free advice to precious metal investors. Call us on (020) 7060 9992 or drop us an email by visiting our website, and a member of our team will be in touch with you to discuss your silver investments.

 

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What are the best silver coins to invest in?

There has been great interest in silver in the recent past. The silver market has become buoyant with positive sentiment over expectations of huge price rises in the future. When buying silver, it makes more sense to invest in coins, rather than silver bars, although a mix of both can be desirable for your portfolio. These choices are likely to be governed by individual investment objectives. Having said that, what are the best choices out there in the silver coins’ market?

The silver Britannia

The best coins to invest in for UK investors are the Royal Mint produced coins. The UK silver Britannia should form the backbone of the investment as the standard coin is cheap but very liquid. Premiums are low, as it is a mass-produced bullion coin. The upside potential of buying these coins is tremendous, as it enjoys great availability. Buying large quantities of these coins from dealers can get you hefty discounts.

The Royal Mint issues regular additions of this coin, so, buying the current edition will ensure that you pay little or no premium at all. The Britannia is legal tender in the UK, making it highly tax-efficient in terms of CGT. This is likely to be an advantage for investors who want to cash in their profits after the price of silver rises.

Combining Britannia investments with some more limited issue coins such as the Queens Beasts and Lunar series will provide portfolio balance and create the chance to benefit from these coins rising in value quicker due to limited issue.

The Lunar series

One of the great flagship coins launched by the Royal Mint is the Lunar series. It is a set of coins that features a different animal from the Chinese calendar for every issue. The 2019 issue depicts the year of the pig, according to the Chinese calendar. These coins are a must-buy, due to their collectability – there are 12 coins in the set. Each coin has a limited mintage and demand is great due to its popularity in Asia. So, investing in these coins can make your tidy profit, as the demand pushes prices up.

The Queen’s Beast series

The silver Queen’s Beast coins, that are minted by the Royal Mint is yet another beauty. This coin can add great variety to your collection as two sizes are available – a 2-ounce version and a large 10-ounce coin. Once again, they have great collectability value and are tax-efficient. All UK silver coins have the advantage of being Capital Gains Tax-free.

The silver Krugerrand

It is one of the best-known coins in the world and benefits from a very strong secondary market. Investing in the silver Krugerrand ensures great liquidity for your portfolio. The silver version has recently been launched in 2018 and it makes a great addition to any silver portfolio in terms of value and liquidity.

We can help you select the right silver coins

At Physical Gold, our silver investment experts can discuss your investment objectives and suggest the best silver and gold coins to buy. The current gold-silver ratio is around 88:1, so you can purchase quite a large amount of silver for your money compared to when you buy gold. The guidance you receive from our team can ensure that you make the right investment decisions. Call us today on (020) 7060 9992 or contact us via our website to find out more.

 

 

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Coinex numismatic trade show is an annual event held every September in London. It marks one of the most anticipated events of the British calender for avid coin collectors and enthusiasts. Organisers, The British Numismatic Trade Association (BNTA) are opening up the event to more dealers than ever, promising excellent choices for collectors and investors alike. 2023 is a special year as it marks 50 years of the BNTA and more than 4 decades of the Coinex event.

Who are the BNTA?

The BNTA was first formed all the way back in 1973 in order to help the nation’s community of coin dealers engage with the government on tax issues impacting their industry, while also attempting to stamp out forgery and counterfeit coin operations.

Just five years after its formation it launched the first Coinex event, traditionally hosted in the heart of the capital at hotels and event centres near Mayfair.

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Plans for Coinex

Coinex is traditionally held each year at The Ballroom of The Biltmore Hotel, Mayfair, Grosvenor Square, London W1K 2HP. This  at the Millennium Hotel, London, Mayfair. This venue is rebranded from the old Millennium Hotel. The hotel has was recently upgraded to a five-star status following an extensive renovation and facelift. Today, the prestigious hotel at 44, Grosvenor Square, Mayfair is part of the Hilton group. The hotel has been renovated at a cost of £50 million through 2018 and will celebrate its brand-new opening in September 2019. The BNTA believes that it will be an ideal location for Coinex for years to come. The luxurious new conference halls will mean that a larger line-up of coin dealers and attendees can be accommodated. With excellent public transport links, secure delivery access and the perfect positioning for people who want to explore London as well as buying gold coins, the Biltmore, Mayfair should be an ideal setting for Coinex Trade Fair.

Why attend this event?

Quite simply the BNTA’s size and influence mean that this annual get-together of dealers is one of the best places to find valuable coins of every conceivable age and quality.

The involvement of the BNTA also gives buyers peace of mind about the provenance of what they are buying. Every dealer this year will either be a member of the association or have been invited specifically to set up shop because they are known to be reputable. A total of more than 45 exhibitors are in attendance, representing the top UK numismatic traders, auction houses and European dealers.

It’s worth noting that over the years Coinex has expanded to include more than just rare coins. Everything from banknotes and medals to bonds and shares will be on sale, so even people with a passing interest in rarities and collectables should make an effort to attend.

With the event increasing in size year on year, you can also expect to see antiques of other types mixed in amongst the stalls, ensuring there’s something for everyone.

The 2023 Coinex event will be from 29 September 2023 – 30 September 2023. Opening times are 11am-4,30pm on Friday 29th Sep (last entry 4pm). VIP entrance fee £30. Saturday 30th Sep 10am-3.30pm (last entry 3pm), entrance fee just £5.

Why buy gold and silver coins?

Some people buying precious coins just for the thrill of collecting rare, historic objects. Others do so to make an investment in a physical commodity that will appreciate in value. Whichever category you fall into, Coinex should pique your interest. Gold coins have historically kindled the interest of numismatists and investors alike. As a stable asset class, gold coins add balance to an investment portfolio. Silver coins, on the other hand, have gained popularity over the years, as investors see the white metal as a promising investment vehicle that could provide rich returns in the foreseeable future.

Invest in precious coins with Physical Gold

If you are interested in buying rare gold coins and collectable silver coins, you don’t have to head all the way to an event in London and haggle with dealers. Contact Physical Gold by calling 020 7060 9992 or using our contact form for advice, quotes and assistance.

 

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Spotting an investment opportunity in precious metals can be lucrative if you buy early. Silver is currently very low-cost compared to gold so is seen as a bargain, providing more likelihood of future gains. The current gold-silver price ratio is 85:1. It’s interesting to note that this ratio was 47:1 some years ago. In other words, the spot price of silver has fallen significantly over the years. Of course, many investors believe that there is a downside risk of investing in silver. The present price of silver is around £12 per ounce. So, is there a risk involved in buying silver coins?

A case for the appreciation of silver prices

Silver is in great demand all over the world. As the most conductive of all metals, silver is the preferred use in technological goods, so analysts predict demand to continue rising. Silver continues to remain the preferred metal for conductivity in photovoltaic cells, which is an integral part of solar panels. As the world moves toward sustainable energy solutions, the production of solar panels is likely to keep rising. Silver is also used in all electronic products like mobile phones, laptops and tablets. As our world becomes increasingly connected through technology, the demand for silver will rise.

Rise in prices due to falling supplies

Electric cars are soon becoming the obvious choice for land transportation. With petroleum and diesel passenger vehicles expected to be phased out from Europe between 2030 to 2040, electric cars will occupy the lion’s share of the market. Silver is a critical component for e-mobility and the overall demand is expected to shoot up due to the above factors. On the other hand, there has been a significant drop in the production of silver from the world’s largest producing countries like Peru, Mexico and China. So, on the basis of supply and demand, we can reasonably expect prices to go up eventually.

How can silver coins deliver value?

First of all, silver coins provide divisibility to any precious metal portfolio. Many investors prefer to purchase silver bars. However, when selling back into the secondary market, bars (such as a 1 kilo silver bar) give you only one chance to sell. Coin investors, on the other hand, benefit from holding a variety of denominations. They can sell small parts of their silver holding as and when the price is right.

Silver coins (such as the silver Britannia) also provide a tax-efficient avenue for investment. Many silver coins are considered to be legal tender in the UK since they have a face value. Investing in these coins can provide an attractive CGT exemption.

Silver coins can deliver value over the long term

The value of silver coins can be volatile. They can go up and down in the short term. Over the long term as a precious metals with limited supply and increasing demand, they are likely to rise in value. Premiums on collectable silver coins can rise quicker than the market price of silver due to interest from both collectors and investors.

So, we can surmise that the downside risk involved in buying silver coins is minimal. Coins, in particular, can deliver good returns over a period of time while maintaining tax efficiency for your portfolio.

Contact Physical Gold to buy silver coins

The investment team at Physical Gold are always helpful in guiding buyers to make the right choices when it comes to silver coins. Contact the team on (020) 7060 9992 and you can benefit from advice, as well as guidance in buying the right silver coins that can provide great value.

 

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Silver Britannia coins have become a popular investment vehicle for investment in silver. Regularly we are asked questions about these coins, so have summarised some of the most popular questions and provided answers in this silver Britannia coins FAQs guide.

Are silver Britannia coins a good investment?

Click here https://www.physicalgold.com/insights/are-silver-britannia-coins-a-good-investment to read our detailed answer to this article.

How to buy Britannia silver coins

Visit https://www.physicalgold.com/insights/how-to-buy-silver-britannia-coins for a detailed answer to this question.

What are Britannia Silver coins?

Click here to read our detailed answer.

What is the value of Britannia silver coins?

We have created a comprehensive answer to this question. Click here for details.

Is there a limit on Britannia silver coins mintage?

Please click this link to read a detailed reply to this answer.

How do I sell silver Britannia coins?

As a popular investment coin, the easiest and safest way to sell them is to a reputable precious metals dealer. This enables you to agree on a competitive price with the dealer, send them your coins, and receive payment quickly. An alternative is to sell privately where collectors may pay a premium. However, this can be fraught with danger.

Are Britannia silver coins legal tender?

Absolutely, they are legal tender within the UK. They possess the requirements of featuring the monarch’s bust and a face value, £2 in the case of the 1oz version. In theory, you could use it to buy goods up to the value of £2 in a UK shop, however, the silver content alone, makes the coin worth many times that. In practice, the legal tender status increases the coins’ appeal as an investment as this qualifies it as tax-free.

Silver Britannias vs American Eagle

Read our article – by clicking here for an answer to this question.

Any more questions? Speak to us at Physical Gold Limited

We always welcome enquiries, so if you have any further questions about silver coins, including Britannias then please do not hesitate to get in touch. Call Physical Gold Limited on 020 7060 9992 or complete our contact form to start discussions.

The American Silver Eagle is one of the most prestigious coins to be minted in the US. The coin is a relatively new one, having been released in 1986. This makes the first edition of the coin only a year older than the gold Britannia. The US Mint released the silver Eagle with one Troy ounce of silver that has a purity of 999.9. The coin was released with a face value of one dollar.

Interestingly, ever since the American silver Eagle has been released, the designs have never changed. Unlike the silver Britannia, the coin is presented in the same style, look and feel and the only difference from one coin to the other is the respective mint mark, which is found on the reverse of the proof coins. Well, the coin enjoys healthy interest from investors, and we want to find out whether the silver Eagle is worth its salt as an investable coin.

Divisibility and liquidity

In terms of divisibility, the silver Eagle does not offer much choice. As discussed above, the coin has always been available in the same size, shape, and design. However, there are some variations in its design that can add to the variety of an investor’s silver portfolio. The obverse of the coin features an image of Lady Liberty, created by the designer Adolph A. Weinman. Apart from the famous image of Lady Liberty, the obverse of the coin also features the American national motto – “In God we trust”.

Design options

The reverse of the coin carries the image of the Heraldic Eagle. Right above the head of the bald eagle, there is a cluster of 13 stars, each of which represents one of the original colonies of America, at the time of its founding. The only design change for the American Silver Eagle was in 2021. In the new 2021 design, the bald eagle on the reverse of the coin is featured flying back with its wings spread out. So, this is perhaps the only element of variety that an investor can hope for when investing in the American Eagle. The 2021 design commemorates the 35^th anniversary of the coin, and the US Mint has taken this opportunity to refurbish the design of the coin.

Liquidity

The American Silver Eagle is a famous and well-known coin across the world. This ensures the liquidity of the coin and the coin can be easily cashed in at any point in time, bringing in cash as you need it. Previous editions may command a premium due to increased numismatic interest. American Eagle coins are available in uncirculated, proof, and burnished versions, giving a certain amount of choice to investors. Being a well-known coin, the coin has a good chance of being sold for its value in a short period.

Silver Eagles can provide a good medium to long term investment and balance to other assets. The 1oz coins afford high flexibility to sell small parts of the silver holding compared to owning huge silver bars. The mass-produced coins are relatively cheap compared to collectors’ coins and their value can rise along with the underlying silver price and age of the coin. Many analysts feel the silver price is very undervalued, suggesting holding silver Eagles will benefit the investor in the long run.

Talk to the coin experts at Physical Gold

One of the country’s most reputed and well-known precious metal dealers is Physical Gold. Our advisors are always happy to discuss your silver coin purchases with you and can offer valuable advice. Get in touch with us on (020) 7060 9992 or simply drop us an email by visiting our website.

 

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As the demand for silver has risen over the years, primarily due to industrial requirements, the price of silver has seen some volatility. Investors want to get into the silver market because of two reasons – they believe that the price of silver will rise significantly in the future and offer them the opportunity to book lucrative profits. Silver also allows investors access to the precious metals market at a fraction of the price of gold.

The popularity of silver coins

Many investors prefer silver coins since the coins allow them to add divisibility and liquidity to their portfolios. Investing in different sizes and denominations of silver coins has its advantages. One can use a variety of coins to sell the silver at various price points in the market and book profits.

Collectable silver coins

Silver coins are also attractive to investors for their collectable value. Silver has been in circulation as a precious metal for minting coins over several centuries. As a result, there are plenty of historical silver coins that command hefty premiums based on their rarity value. These premiums are payable due to the historical value of the coin and its demand. Therefore, such coins are worth a lot more than their silver content or their face value.

They are worth significantly more than their face value. A £2 silver Britannia has a melt value more than 5 times its face value. Also, they can possess a degree of numismatic value, which reflects their rarity, age and desirability. Limited issue coins may be worth more again. The face value benefits the buyer by qualifying the coin as capital gains tax-free

Limited edition silver coins and proof coins

For example, in 2013, the Royal Mint released a £20 coin minted with silver that carries a fineness of 999.9. Despite the coin having a face value of £20, it is worth much more and is viewed as a collector’s item, by numismatists. The coin is considered to be legal tender, with a face value of £20. Similarly, the 2018 five-ounce silver Britannia proof coin has a face value of £10 but is listed on the Royal Mint site for £455. The coin is minted with 99.9% pure silver and enjoys great demand as a proof coin, leading to the high value of the coin.

Silver Britannia coins and their face values

The current year silver Britannia (2021) carries a face value of £2. This is a 1-ounce coin, manufactured with fine silver (999.9). Although it is a bullion coin, its face value has nothing to do with the market price. The 2021 silver Britannia 1 ounce coin is priced at approximately £31.

Some coins achieve their rarity status by default. A good example of this would be a batch of silver Britannias struck by the Royal Mint in 2014. 17,000 of these coins were erroneously struck with the obverse used in the lunar series. So, you had a silver Britannia with the “year of the horse” image on the obverse. These coins were later called the Mule Britannia and attracted large premiums due to their rarity. These are often sold at prices close to $700, as collectors are willing to pay lucrative amounts to secure a coin for their collection.

Our coin experts at Physical Gold can help you make the right purchases

Physical Gold is one of the U.K.’s most reputed precious metals dealers and coin specialists. Get in touch with our team by dialling (020) 7060 9992 or send us an email via our website. We are always happy to speak to customers like you and offer advice on buying the right silver coins.

 

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Silver is gaining in popularity due to its investment potential that has grown over the years. Due to the rising industrial demand for silver, many investors envision making windfall gains in the future, on the rising price of silver. However, silver has a long history of usage in British coinage and coinage across the world.

Most precious metal investors will insist on finding out the purity of the coin before investing. This may not be entirely true for collectors, who wish to acquire a coin, based on its rarity and numismatic value. However, many collectors have also moved to become investors and want to build a strong portfolio of coins that are both collectable and deliver good value for money. Therefore, in this article, we will explore the purity of silver coins across continents.

The purity of investment-grade coins

Investment coins are as near to pure as possible. Popular bullion coins such as the Britannia are struck to 99.99% purity. None are 100% pure silver. Silver currency coins such as the 50 pence piece are not made from silver at all despite their colour. Their alloy is 75% copper and 25% nickel, a mix known as cupronickel.

Similarly, in the United States, most silver coins in circulation contained 90% silver. It was only in 1986, when the American Eagle bullion silver coin was introduced, that the purity of silver was raised to 99.9%, to qualify the coin for investors.

Purity of silver coins across the world

The silver used for coinage in Britain has a minimum purity of 95.8%. Typically, this implies that the silver used for coinage will be an alloy of pure silver, copper and other base metals. The percentage of pure silver in this alloy is 95.84%. Likewise, the alloy would contain 4.16% of copper and other base metals, if any. This standard was developed in Britain as early as 1697. However, we have seen that in recent years, most silver bullion coins minted by the Royal Mint have a purity of 99.9%.

Similarly, France also follows a standard known as the ‘French first standard’. According to this, the alloy contains 95% pure silver and 5% of other base metals, including copper. Russians, on the other hand, use their own standard, known as “91 Zolotnik Russian Silver”. In this, the proportion of pure silver is 94.79%, while 5.21% represents copper and other base metals.

Britain also used “Sterling Silver”, as early as the 12^th century. Sterling silver was used for coinage across the British Empire, and many commonwealth countries continued this tradition after the end of colonial rule. Sterling Silver uses 92.5% of pure silver and 7.5% of copper and other non-precious metals.

Other nations may use different standards. For example, Scandinavian silver uses the number 830 to denote its fineness. This simply means that the silver alloy contains 83% pure silver and 17% base metals. In the same way, German silver is denoted with the number 800/835. German silver typically uses 80% to 83.5% of pure silver. However, the term “German silver”, also popularly called nickel silver or alpaca, may contain no silver at all. It is an alloy constructed out of different metals. So, it’s helpful to know and understand these details as an investor, which may help us to ascertain the value of the silver products we are buying.

Talk to our precious metal experts at Physical Gold

At Physical Gold, we have a team of precious metals experts who can advise investors, just like you on making the best investments. Call us today on (020) 7060 9992 or get in touch with us by email regarding your silver investments.

 

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