The 10 troy ounce silver bar Germania Mint is casted in 99,99% pure silver. On each bar a unique serial number is shown. The silver bars are delivered in a special presentation packaging.
The Germania Mint silver bar 10 troy ounce weights 311,03 grams and is casted in 99,99% pure silver. The silver bars are issued by the well-known mint house Germania Mint and are therefore known worldwide. This product is mainly popular amongst business investors.
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.