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Securily packaged
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Tradable world wide
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Customer rating: 9.7
The 10 troy ounce silver coin bar Silvernote 2022 from The Pressburg Mint, Slovakia combines bar, coin, silver and bill in one unique product. This beautiful coin bar, struck in 99,99% pure silver, is therefore very populair by collectors and investors.
Specifications
Physical properties
Net weight
The net weight is determined by multiplying the gross weight with with the purity. |
10 troy ounce |
| Purity and metal type | 99,99% | Silver |
| Condition |
Brilliant uncirculated
These coins are newly minted and have never been in circulation. We deliver these in the original packaging. |
Origin
Price properties
| Metal worth | € 652,11 |
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Premium
The premium is determined by substracting the metal worth and possible taxes from the sales price. |
€ 172,89 |
| Selling price | € 825,00 |
|
Price per gram
The price per gram is determined by dividing the sales price by the net weight. |
€ 2,65 |
| Investment score | B-label |
| VAT-rate | Margin taxation |
Information
10 troy ounce silver coin bar Silvernote 2022
The Pressburg Mint, located in Slovakia, combines classic coinage traditions with innovative new technologies. Most coins for sale have a round shape. However, sometimes mints produce coins in the form of a silver bar.
The 2022 10 troy ounce Silver Note Rectangular Coin is a perfect example of the philosophy of mints. Using both traditional coin and laser engraving processes, they have produced their very first product to combine bar, coin, silver and bill in one unique design. The coin is in the shape of a bar, is engraved with the image of a silver bill and has a face value supported by the government of Niue.
Design 10 troy ounce silver coin bar Silvernote 2022
The obverse of the 2022 10 troy ounce Niue Silver Note Rectangular Silver Coin features the iconic effigy of Queen Elizabeth II, created in 1998 by Ian Rank-Broadley. This commonly used design shows the Queen in profile wearing the Girls of Great Britain and Ireland Tiara. Behind Her Majesty, several artistic-looking shapes are engraved into the coin, including a triangle in the lower right corner. There is also a series of swirling lines that extend over the edges. Along the edges are the mint marks and the words In Argentum Veritas. The reverse of the coin is blank.
Packaging
The silver bullion coin comes in a luxurious black packaging, with the product itself elegantly highlighted using silver foil. In the top left and top right corners, the weight 10 OZ and nominal value 25 DOLLARS are displayed, while the centered logo of the PRESSBURG MINT is depicted with the same background as on the silver bullion coin itself. The mintage of this bullion coin is limited to 5,000 pieces, and each silver bullion coin from the Silvernote 2022 series is equipped with a unique serial number.
Coin bars and VAT
Silver bars are in principle taxed with 21% VAT. However, coin bars are seen as coins, because the silver bar has a picture of a coin with a nominal value. You therefore do not pay VAT on silver coin bars, as these fall under the margin scheme, just like silver coins. This means you only pay VAT on the dealer's profit margin, which is already included in the price.
If you want to buy a silver bar as a private individual, silver coin bars are a good option. For business investors, standard silver bars are also suitable as companies can usually reclaim the taxed 21% VAT.
Featured
- Silver coin bar with beautiful design
- Struck in 99,99% pure silver
- Traded under margin scheme
Price chart
Investment score
A B-rating indicates products that are still widely recognized and tradable worldwide, often issued by reputable mints or refiners. However, the price per gram or spread is generally slightly higher compared to A-rated products. While still suitable for investment purposes, they are not the most cost-efficient option available.
Label information
A-label
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Less information
Products with an A-rating are among the most commonly traded and liquid options available. These coins and bars offer a strong balance between a competitive price per gram and a low spread, making them well-suited for investors who want to acquire physical gold or silver efficiently. Due to their global recognition, they are typically easy to buy and sell.
B-label
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Less information
Een B-label staat voor producten die wereldwijd goed verhandelbaar zijn en afkomstig zijn van erkende munthuizen of raffinaderijen. De prijs per gram of de spread ligt echter doorgaans iets hoger dan bij A-label producten. Daarmee zijn ze nog steeds geschikt als belegging, maar minder optimaal voor wie puur kijkt naar kostenefficiëntie.
C-label
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Less information
Products with a C-rating are primarily valued for their collectible characteristics. This may include limited editions, unique designs, or historical significance. As a result, their price is often less closely tied to the underlying metal value. These products are typically chosen by collectors rather than investors focused on efficiency.
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