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Advice on purchasing precious metals
The most common silver coins are minted in 1 troy ounce, with the Maple Leaf being a popular choice. The silver Philharmonic, Kangaroo and Britannia coins are also very popular. All of these coins are traded at a price based on the current silver rate.
Read moreMany mints issue coins in various grades and sizes. The vast majority of silver coins are minted in 1 troy ounce and are offered at a low premium. This means that the price of the coin is linked to the current silver price. There are also silver coins available that are issued in smaller quantities and in an extra high quality. These are coins that are more suitable for coin collectors.
Read moreSecurely buy silver coins online
At The Silver Mountain, we sell silver coins to individuals and business customers who want to secure a portion of their wealth and diversify. Precious metals such as gold and silver are particularly suitable for this purpose.
The prices of our silver coins are based on the current silver price, and the price and delivery time are indicated per coin. Due to premiums set by different mints, silver coins with the same weight and silver content may have different prices.
You can purchase silver coins from The Silver Mountain through our website and have them securely delivered to your home by our personal delivery service, or choose to pick up the coins by appointment at our office. Would you prefer to store your silver coins in a secure location? Our sister company, Edelmetaal Beheer Nederland, stores precious metals in secure locations in the Netherlands or Switzerland.
Buy silver coins
Investing in silver is becoming increasingly popular among individuals. Like gold, silver has a long tradition as a medium of exchange that retains its value. Throughout history and around the world, silver coins have been used.
Now that our monetary system is no longer backed by the gold standard, the money in circulation is created as debt. In times of financial uncertainty, precious metals, including silver, are a good choice to protect purchasing power and wealth. Since 2009, the average annual silver price has increased by 8%. This is more than banks can offer in savings interest, so investing in silver can help mitigate the effects of inflation.
Although silver is no longer used as legal tender, it is widely used in modern industry. More than half of the annual silver production is used in smartphones, batteries, and solar panels. Therefore, there is a finite amount of silver for which demand is high. As an investor, this is interesting, and you can choose to allocate a portion of your wealth to silver coins.
Buy silver investment coins
Especially for investors who want to buy physical silver, we sell silver investment coins. These coins are particularly popular in Europe because silver bars are taxed at 21% VAT and are therefore much more expensive. Coins that also have the status of legal tender are much cheaper to purchase and are easier to trade because the coins are struck in lower weights.You can buy new silver coins from the current year directly from mints in their original packaging. The most common investment coins are silver 1 troy ounce coins (31.103 grams). By far the most common coin is the Maple Leaf from Canada. This silver coin is struck in 99.99% pure silver and depicts the symbol of Canada: the maple leaf. Other popular coins include the silver Kangaroo and silver Britannia.
In addition to the 1 troy ounce coins, kilo coins are also available. These investment coins are significantly larger than the 1 troy ounce variant and are a good alternative to silver bars. The common coins in this category are the Koala, Kookaburra, and Lunar. These coins are struck by the Perth Mint in Australia and contain 99.99% silver.
Pre-owned silver coins
In addition to new silver investment coins directly sourced from official mints, The Silver Mountain also regularly offers silver coins from previous years. Coins purchased through distributors of recognized mints are often more expensive, partly because the coins must be transported to the Netherlands with insured transport.Silver coins from previous years are purchased from individuals or through our sister company, Precious Metal Procurement. These coins are generally cheaper than silver investment coins from the current year because there are no production or transportation costs added. As a result, you can buy silver coins with the same weight and silver content as coins from the current year at a favorable price. You can find these coins in our pre-owned silver coins section.
Silver Dutch coinage
A good alternative to silver investment coins comes from our own country, namely Dutch silver coinage. Silver guilders, rijksdaalders, and ten-guilder coins are struck in 72% silver, provided the coins were struck before 1967. We package these coins in bags containing 1 kilogram, 2 kilograms, or 5 kilograms of pure silver. This way, you can invest affordably in physical silver.
Other silver coins
Over the years, many silver coins have been introduced. Due to the popularity of coins like the Maple Leaf, other mints have decided to launch similar coins. The most important factor in choosing among all available coins is to opt for a widely recognized coin struck in high-purity silver.Additionally, you have the choice between various weights, mint years, and designs, including silver collectible coins. For a comprehensive overview of all options, we have developed a Selection Guide. The Selection Guide uses the most current data, from buying and selling prices to the current silver price, to calculate what is most interesting for you.
Which silver coins to buy
Silver coins or bars
As an individual investor, it's interesting to invest in silver coins rather than silver bars. Silver coins are exempt from VAT and fall under the margin scheme. This means that VAT is only paid on the profit margin of The Silver Mountain. As a buyer, you don't have to contribute to that. Silver bars, on the other hand, are fully taxed at 21% VAT and are therefore a less advantageous option for individuals.
Additionally, silver coins are recognized worldwide and are easily tradable. The Silver Mountain also offers a buyback guarantee at the best price in the Netherlands.
Silver coin bars
If you, as an individual, still prefer to buy silver bars, silver coin bars are a suitable compromise.Silver coin bars resemble silver bars but have been given the status of 'coin' because mints have struck a coin into the bar. As a result, it has a nominal value and is not considered a commodity. Like coins, silver coin bars fall under the margin scheme, meaning VAT is only charged on the profit margin and not passed on to you.
Buy-back guarantee for silver coins
One of the unique features at The Silver Mountain is the buyback guarantee we offer. Through our Precious Metals Purchase service, we can always repurchase your silver coins at the best price in the Netherlands. At the time of writing, we offer 107% of the current silver value for your silver coins. We can provide this high price due to our economies of scale, and we guarantee to buy your coins at market-competitive prices regardless of the volume and regardless of any future changes in the silver price. Once you place a sell order, the value is locked in, and you'll receive the money within a few working days.
Frequently asked questions about buying silver coins
Which silver coin to buy as an investment?
In silver coin investments, the 1 troy ounce size is the most common. These coins are struck in pure silver (at least 99.9%) and weigh 31.103 grams.
Within our range of investment-grade silver coins, we only offer coins from globally recognized producers. This allows you to trade your silver coins worldwide. We recommend using our selection guide to determine the most advantageous option for you at any given time. Additionally, you can always sell your silver coins back to us in the future.
Can I also sell my silver coins (back) to you?
Yes, this is possible. You can offer your silver coins to us at any time through our subsidiary, Inkoop Edelmetaal.
On this website, you can immediately see what we offer for your silver coins. Our bid price is a fixed percentage of the current silver price.
How do I know that my silver coins are genuine?
We source our precious metals from accredited producers, such as smelters with Good Delivery Status. The new bars from these producers typically come with a serial number and are delivered in a sealed package. Our supply of new investment coins is obtained through official distributors of major mints worldwide, which issue legal tender.
Upon receiving coins from previous years, we conduct tests on specific gravity, purity, and condition. A specialized device also measures the response of the coin or bar to a magnet, as the magnetism of a metal cannot be manipulated. Each metal reacts uniquely to a magnetic field by being attracted or repelled. Precious metals like gold are non-magnetic and exhibit only a weak repulsion. Materials commonly used for counterfeiting, such as tungsten, are attracted to magnets. The magnetic scale measures the degree of attraction or repulsion in a non-contact manner. All tested items remain in their packaging and incur no loss of value. Gilded items and counterfeit products are promptly identified.
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