VAT-free silver bar from Asahi

This silver bar of 1 kilogram is from Asahi, a Japanese precious metals refinery. The product is recognised by the LBMA and has Good Delivery Status. You pay no VAT on your purchase, as the silver is not delivered in the Netherlands. The silver bar is stored for you in Zurich, Switzerland, enabling you to invest in silver at a lower cost.

If you buy VAT-free silver in the form of these silver bars, then you choose storage with Precious Metal Management Netherlands. This is our exclusive partner for the storage of precious metal with secure storage locations in Rotterdam and Zurich. Precious Metal Management Netherlands has a permit from the AFM for offering precious metal in combination with storage as an investment object.

Design of the Asahi silver bar

The silver bar has a flat/plain reverse, but an obverse with multiple inscriptions. At the top of the obverse is the name of the refinery, Asahi, including logo and the country where the bar has been refined. Below this is the weight of the silver bar found 1 kilogram, including its purity 99.99% silver. At the bottom is a unique code by which the specific silver bar can be identified.

Logistics and storage of VAT-free silver bars

You can buy the 1 kilogram silver bars at a low premium above the silver price. This premium includes all costs for production, logistics, etc., and at this purchase price, a 1 kilogram silver bar is stored in your name in a heavily secured vault space. Precious Metal Management Netherlands (EBN) uses the vault spaces of LOOMIS, the largest storage facility for precious metal in Europe. Many banks, including UBS, keep a stock of gold and/or silver in this highly secure storage.

For the storage of silver, you pay storage costs. These costs are charged periodically in advance. Besides the storage costs based on the average (replacement value) of your silver, you pay no other costs, so no incoming - outgoing - or administrative costs. The storage costs include insurance premium for fully insured storage of your Asahi silver bar.

The Silver Mountain is obligated by law to have a permit for offering its products under the Financial Supervision Act and is supervised by the Financial Markets Authority.