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What are 999 silver coins?
At GOLD AVENUE, you can buy various silver coins from internationally renowned mints, including the Austrian Mint, Canadian Mint, and Royal Mint.
Our silver coin collection is made up of fine silver with 99.90% purity. You can also find collectible coins, such as the 1 oz I Love Barbie coin or the 1 oz Stratocaster silver coin. These coins can be the perfect gift for your loved one due to their rarity, aesthetic appeal, and historical significance.
Investing in 999 silver coins
Investing in silver coins can be a smart decision for several reasons.
Firstly, silver has intrinsic value and is a tangible asset that can be touched and felt. Unlike paper money, which is available in unlimited quantities, silver has a finite amount on earth. This scarcity adds to its worth.
Secondly, our silver coins come from reputable mints that are backed by governments, ensuring their authenticity and high quality. They’re also universally recognized.
Thirdly, silver coins are suitable to diversify your portfolio depending on your savings goals. And because coins offer greater flexibility, you can sell part of your silver savings if needed.
Lastly, the aesthetic appeal of silver coins makes them an excellent gift for your loved ones on special occasions. The 1 oz silver coins are a perfect way to show your appreciation and make a thoughtful gesture.
You can also check our different silver coins collections:
The value of 999 silver coins
The value of silver coins depends on three different factors.
- Metal value: This can be calculated using the coin’s weight and current silver market price. This is also the amount you will receive when you resell your coins back to us.
- Fees: These are also known as “premium” and incorporate the logistics and production costs along with our margin.
- VAT: Unlike gold, you will usually pay taxes on silver coins. But there’s a way to avoid paying these, as we offer VAT-free silver coins. These coins are stored in a tax-free economic zone in Switzerland, meaning you can save up to 20% VAT.
If you want to see a real-time breakdown of the price components of a silver coin, you can simply click on the coin's price.
Storing and maintaining 999 silver coins
We offer a simple and unique storage solution that allows you to focus on building your precious metals savings.
You can store your silver coins for free (up to €10,000/£8,500) in our highly secured Swiss vaults. They’re independent of the banking system and insured against any potential loss, theft, and damage.
We also offer silver coin delivery to your doorstep across a wide range of regions, including the United Kingdom, Europe, Canada, China, South Africa, and many more.
If you choose to keep your silver coins at home, it’s wise to get proper insurance to safeguard them in case of unexpected events. It’s also advisable to wear soft cotton gloves while handling your coins to prevent scratches and marks.
How to sell 999 silver coins?
You can sell your stored silver coins instantly and securely with 24/7 access. We don’t charge any extra fees or commission and buy back your silver coins at the current silver metal value.
So, it might be worth checking the silver price before selling so you can make an informed decision. You can also check the real-time value of your silver coins using the performance tool in your Wallet.