Purchasing silver bullion coins offers investors a flexible way of owning physical silver. The relatively low value, compared with gold, appeals to those who prefer more metal for their monetary investment, and the convenient unit size means they can easily be traded and handled by precious metal traders, private investors, banks and savings institutions. They are also more convenient to store, in contrast to the bulkier silver bars.
Silver coins will typically attract higher premiums than silver bars due to the higher production, handling and insurance costs. However, if you are a UK taxpayer, you can benefit from purchasing silver Britannia coins as their status as British legal tender means they are exempt from Capital Gains Tax (CGT). In this instance, the tax benefits may outweigh the additional premium. If you are also in the market for gold, perhaps you may like to browse our extensive selection of gold bars and gold coins.
Investing in silver coins can offer a diversified and flexible option for investors looking to broaden their portfolios. With the relatively lower value of silver compared to gold, silver coins attract a broader range of investors seeking a tangible and affordable precious metal investment. Particularly advantageous for UK taxpayers, silver Britannia coins, being British legal tender, are exempt from Capital Gains Tax (CGT). Sharps Pixley facilitates silver coin investments by offering a wide selection, including renowned international coins like the South African Krügerrand, Canadian Maple Leaf, American Eagle, and the Vienna Philharmonic.
At Sharps Pixley, buying silver coins is made easy. You can choose from a wide range of 999 and 999.9 silver coins, including internationally recognised coins like the South African Krügerrand, Canadian Maple Leaf, American Eagle, and the Vienna Philharmonic. Purchasing options include individual coins, tubes of multiple coins with potential discounts, and cost-effective "Monster Boxes" containing five hundred one-ounce silver Britannia coins.
Additionally, Sharps Pixley offers bespoke investment services, working with clients to create personalised investment proposals. To make the process even more cost-efficient, we provide VAT-free storage in a secure vaulting facility, underwritten by Lloyds of London.
Clients who wish to sell silver coins back to Sharps Pixley can benefit from preferential buy-back rates. Our vaulting services provide full inspection rights over precious metal holdings, ensuring transparency and security. Sharps Pixley's commitment to quality and reliability makes it a trustworthy option for those looking to sell their silver coins.
A silver proof coin is a special edition coin that is struck using specially polished dies and planchets (coin blanks). These coins often have a mirror-like finish and sharp, detailed engravings. Silver proof coins are typically produced for collectors and numismatists rather than for general circulation.
Cleaning silver coins should be approached with caution to avoid damaging the coins and reducing their numismatic value. Here are some general steps to clean silver coins:
Remember, if the coins have significant value or are rare, it's advisable to consult with a professional numismatist before attempting any cleaning.
The physical silver market is notoriously volatile. There are many factors at play which can cause wide ranging valuations, including silvers relative low value when compared with its gold counterparts, a smaller market with lower market liquidity, and fluctuations in demand between its industrial uses and its use as a store of value. Whilst there are greater risks associated with a more volatile market, there is also more opportunity for significant financial gain as investors could receive a far higher return on their investment. Keep up to date with the silver market by checking out our newsroom page where you can obtain expert analysis on gold & silver news as well as prices from our research team.
