Germania Mint’s 5 troy ounce silver bar is vast in 99,99% pure silver. A unique serial number is added to each bar and the mint’s logo can be found on the back.
The 5 troy ounce silver bar Germania Mint is cast in 99,99% pure silver. This compact silver bar weighs 155,52 grams, making it suitable for the smaller business investor. The silver bars are issued by the well-known mint house Germania Mint and are therefore known worldwide.
The shiny front of the silver bar shows the logo of the mint, the silver content, weight of the bar and a unique serial number. The reverse side has a dull rough appearance with a holographic image of the Germania Mint logo at the bottom. The silver bar comes in a special black packaging to protect the silver bar.
Silver bars are seen as commodities and therefore standard taxed with 21% VAT. For private individuals, silver bars are therefore less suitable than silver coins as a investment, as silver coins fall under the margin scheme. With a business purchase, however, it is usually possible to reclaim the VAT. This allows you as a business customer to invest in silver cheaply. The silver becomes part of your business assets. If you want to sell your silver bars again, you will have to charge the 21% VAT again.