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10 troy ounce silver coin bar Silvernote 2022
10 troy ounce silver coin bar Silvernote 2022
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Securily packaged
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Certified
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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 | Brilliantly Uncirculated |
Origin
Price properties
| Selling price | € 368,00 |
| Metal worth | € 291,35 |
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Price per gram
The price per gram is determined by dividing the sales price by the net weight. |
€ 1,18 |
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Premium
The premium is determined by substracting the metal worth from the sales price. |
€ 76,65 |
| Investment score | 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
This product has a B-label (Common bullion coins and bars). This means that it is a common coin or bar that is easily tradable worldwide. However, a product with this label is more expensive than a product with an A-label, so as an investment in physical gold and silver, this product is not the most cost-effective choice. Examples of coins with a B-label are coins with a lower mintage.
Label information
Investment-score: A-label
More information
Less information
Investment score: An A-label means that this is one of our most common products. When purchasing physical precious metals, we advise looking at both the lowest price per gram and the lowest spread. The spread indicates the difference between the buying and selling price. An A-label signifies that this is a favorable choice when buying gold and silver.
Investment-score: B-label
More information
Less information
Investment score: A B-label means that this is a common coin or bar, which is widely tradable worldwide. However, a product with this label is more expensive than a product with an A-label, so as an investment in physical gold and silver, this product is not the most cost-effective choice.
Investment-score: C-label
More information
Less information
Investment score: A C-label means that this is a less favorable investment choice compared to a product with a higher investment score. Products with a C-label are considered collectibles.
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