Buying gold for the first time
Have you never bought gold before? We are happy to advise you on the various options when buying gold.
If you buy physical gold, you can choose between gold coins and gold bars. All these forms of gold are investment gold therefore they are taxed with 0% VAT. This makes buying physical gold in this form relatively cheap and accessible.
For smaller denominations, the gold coins are the obvious choice. These coins are highly tradable worldwide and allow you to buy gold for a relatively limited amount. If you want to buy gold for a larger amount, the gold bars will be more interesting. The larger the gold bar, the lower the production costs and the cheaper it becomes.
You can buy gold at any time through our website. The prices of our products are adjusted every three minutes based on the most recent gold price. As soon as you place the order, you enter into a binding agreement and we commit to deliver the gold at that rate
Buying silver for the first time
If you are interested in buying silver and you have no experience with it, we can advise you about the various options when buying silver.
In principle, silver is seen as a commodity. As a result, the silver bars must be taxed with 21% VAT, which makes it very unfavorable for private individuals to buy silver bars. After all, the silver price must increase by more than 21% to make up for this and you cannot reclaim the VAT.
Silver coins are much more interesting and are traded under the margin scheme. This means that VAT is only included on the trader's profit margin and not on the entire value.
There are many different silver coins for sale. The most common coins are the silver Maple Leaf, Wiener Philharmoniker, and Kangaroo. We recommend that you choose the coin that is the cheapest at the time of purchase. The weight, content, and degree to which it can be easily traded again are identical for all these coins.
Keep in mind that silver is relatively cheap. With a modest amount, you can therefore already buy a large weight of silver. This may entail some practical objections when you want to have the silver stored somewhere, or when you pick up an order at our office.
For an overview of all possible coins and bars that you can purchase at The Silver Mountain, we have drawn up a handy overview in our selection guide.
Our selection guide shows the various coins and bars in a list, sorted by the lowest difference between buying and selling. This way you know immediately how common the coins and bars are.
In addition to the information that can be found on our website, we can also help and advise you in an advisory meeting. It is also possible to request a personal quote for orders from EUR 25,000, considering your wishes and the market conditions at that time.
We do not provide advice on gold and silver price expectations or when is the right time to buy or buy. We only provide advice around product selection and the way we settle a transaction.
If you would like to schedule a consultation with us, please contact us by telephone: +31 35 20 313 80