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This is the price you will pay to purchase this product. It is composed of the METAL VALUE, the FEES, and the VAT (Note: gold is VAT-free in Switzerland).
This is the amount you will receive if you sell this product back to us immediately. GOLD AVENUE does not take any commission on the buyback and will pay you the full metal value at the time of your sale.
The fees (also called "premium") include the production and operational costs (production, handling, warehousing, etc.), as well as our margin.
VAT (Value Added Tax):
In Switzerland gold is VAT-free, other precious metals are charged a 7.7% VAT rate (the lowest in Europe).
This silver bullion of one-ounce (oz), or 31.10 grams (g), PAMP Suisse Fortuna is elegantly decorated with the famous Roman goddess Fortuna.
This 1oz (31.10 g) Lady Fortuna silver ingot bears the world's most famous design. Lady Fortuna was PAMP's first design and the very first design to be issued on a precious metal bullion (gold, silver, platinum, palladium). Silver bullion is an easy and convenient way to invest in precious metals, and it is becoming increasingly popular to invest in silver, instead of gold. This is especially the case for new investors. Indeed, the price of silver on the financial markets has preserved the wealth of its investors against inflation as well as during periods of uncertainty. If you decide to buy this unique Fortuna silver bullion, you will buy one of the most popular bullions in the world.
Lady Fortuna is known as a symbol of prosperity and good fortune. She is always represented with her mythical attributes, like the cornucopia in her hands, with the wealth that flows from it, and the wheel of fortune behind her. She is often represented veiled. On the back of the coin, important information is displayed, for example, the weight of the silver bullion, the purity of the silver and the date of production.
Please handle your silver ingot carefully. We recommend using gloves when wearing it to avoid getting dirty or leaving fingerprints on your investment. We also recommend storing the PAMP Suisse silver ingot in a nice presentation box or showcase.
PAMP Suisse is the world's best-known refinery for gold, silver, and other precious metals. This popular design, Lady Fortuna, is a timeless classic and epitomizes wealth all over the world. Lady Fortuna was the first creation in the world to be embellished in a gold bar. To date, it is considered one of the most prestigious and recognizable designs of PAMP.
What are VAT-FREE products?
VAT-FREE products are products stored in a secure Swiss Freeport: an economic zone where the 7.7% Swiss VAT on precious metals does not apply.
Our VAT-FREE products are therefore exempt from the 7.7% Swiss VAT rate and stored outside of the banking system.
You can resell your products to us 24/7, instantly, and without commission (0%). In order to remain VAT-FREE, these products are only available for storage.
What is a PREORDER?
With our PREORDER feature, you can buy an out-of-stock product before everyone else. This feature allows you to preorder from a large selection of our best selling products as soon as they are in production.
Stored products bought in PREORDER will be available for resale once they are physically stored in our vaults. For deliveries, all products in your order will be shipped once the PREORDER products are ready.
How does a PREORDER work?
Order a product in PREORDER.
We give you an estimated date for your delivery/storage.
When the PREORDER product is ready it will be stored or delivered directly.
Complete this order to start an Auto-Savings plan. Easily manage, pause, or cancel your next Auto-Savings orders at any time from your account.