Buy silver at The Silver Mountain

There are several reasons to consider buying silver. Silver is widely used in various industrial applications, and the industrial demand for silver is expected to increase due to its relative affordability and indispensable role in numerous industrial sectors such as solar panels and medical equipment. More than half of the annual silver production is consumed by industries.

Moreover, many investors monitor the gold-to-silver ratio. This ratio indicates how many troy ounces of silver one can acquire with one troy ounce of gold. A high ratio suggests that silver is undervalued or gold is overvalued. Additionally, like gold, silver has a rich history as a form of real money and is more accessible to smaller investors compared to gold.

The current price of silver fluctuates based on global market transactions and is subject to change five days a week, reflecting trading activities on weekdays. Our prices are automatically updated every three minutes based on the prevailing market rates. You can track the price of silver on our website to determine the value of 1 kilogram of silver. At the time of writing, 1 kilogram of silver is valued at over €820.

Since silver is a physical product, the selling price of silver coins and bars includes additional elements such as production costs, transportation costs, and a premium (profit margin) in addition to the value of the silver.

The choice between silver coins and silver bars largely depends on your personal situation. Silver coins are sold under the margin scheme, meaning that VAT is only payable on the dealer's profit margin and not on the value of the silver itself. Silver bars, on the other hand, are considered commodities and are subject to 21% VAT. For individual buyers, silver coins are the most cost-effective option due to this VAT treatment. However, for business customers, silver bars may be more advantageous as the production costs are lower than those for silver coins, and business customers can reclaim VAT.

At The Silver Mountain, you can purchase physical silver at the most competitive prices in the Netherlands. We are the first dealer in the Netherlands to offer silver coins as an investment option to individuals. Our range of silver products includes silver coins and silver bars.

We are often asked: should I buy silver or gold? This depends on your personal situation, and you need to carefully consider several important aspects such as other investments, your financial position, risk tolerance, and other relevant circumstances.

Silver is becoming increasingly scarce, mainly due to industrial use, and it is hardly ever recycled. Because silver is considered an industrial good, it is subject to 21% VAT, making it particularly attractive for business investors. Silver coins are subject to the margin scheme, meaning VAT is only calculated on the profit margin.

Investment gold is completely VAT-free, so it doesn’t matter if you invest as a business or an individual. Gold is used as a hedge against inflation and to protect purchasing power.

The most common situation is that people buy both gold and silver. The 50:50 ratio is the most popular, but the larger the purchase amount, the more people tend to buy proportionally more gold than silver. This is mainly due to practical considerations since gold takes up less space. Even with a modest purchase amount, it is possible to buy several kilos of silver, whereas gold is much more expensive.

Consult our Selection Guide for a personalized offering of precious metals tailored to your needs and preferences.

Almost all products sold by The Silver Mountain come with a buy-back guarantee. You can always offer your precious metals back to us easily, using fixed formulas relative to the current silver price. We always buy, regardless of the volume you sell or the silver price. Selling your precious metals can be done easily, safely, and quickly through our subsidiary, Inkoop Edelmetaal.

Silver coin prices vary. Price differences can occur if mints have increased their premiums or if we at The Silver Mountain have purchased a large quantity of a certain coin type—the discount we obtain in such cases is passed on to you as the customer.

When you purchase silver from The Silver Mountain, you can have it delivered to your home by our personal delivery service. All our couriers are trained to deliver your precious metals safely and discreetly. You can also choose to collect your silver by appointment at our office in Baarn or The Hague.

In some cases, you do not need to take possession of the silver. It can be stored with our sister company Edelmetaal Beheer Nederland (EBN) in the Netherlands or Switzerland. At EBN, precious metals are fully allocated, meaning each bar is registered in your name.