Precious Metals Guide

If you want to invest in gold or silver, you can choose between a selection of various coins and bars in different sizes and purities. The quantity of options might be overwhelming and how do you know which product to buy? At this page we have put together a list of all different products where you can find more information about the pricing, the premiums and the spread.

Pricing, premium and spread

Term Meaning
Pricing The current price for the product
Premium The amount you pay above gold value or silver value
Spread The difference between our buying and selling price for the product         

 

Most common products

 

In general, the most common products are the 1 ounce gold coins including the Maple Leaf and Krugerrand. In the United States most people prefer the Eagles, elsewhere most customers would purchase Maple Leaf or Krugerrand coins. Also gold bars are in high demand, they are available in all sizes from 1 gram to 1 kilogram. The premium decreases significantly if you buy larger gold bars and that’s the cheapest option to buy gold. Gold coins are more convenient if you want to be able to trade gold in smaller quantities.

If you buy silver, we strongly advise you to buy silver coins instead of silver bars. The most common coins include the silver Philharmonic, Maple Leaf, Kangaroo and Eagles. Also 1 kilogram coins are available including the Kookaburra, Koala and Lunar. They are slightly more expensive though. Silver bars are charged with 21% VAT and therefore more expensive. The spread on silver bars will therefore be more than 21% - making it a rather expensive option for private customers.

 

Guide for Gold Coins

Gold bullion coins are a well-known, liquid option to invest in gold.

  • Recognized world-wide and minted in 1 ounce fine gold;
  • 0% VAT rate, available at a low premium;
  • Buy back guarantee up to 100% of the current gold price;
  • Available in various sizes and with various designs.

Zilveren munten

Product description You buy You sell Spread (%)
  1 troy ounce gold American Buffalo 2021 € 1.662,00 € 1.540,00 7.91%
  1 Troy ounce gold Philharmonic 2021 € 1.641,00 € 1.540,00 6.55%
  1 troy ounce gold Krugerrand coin € 1.612,00 € 1.540,00 4.67%
  1 troy ounce American Gold Eagle 2020 € 1.661,00 € 1.540,00 7.85%
  1 troy ounce Gold Maple Leaf 2021 € 1.620,00 € 1.540,00 5.19%
  Gold panda coin 1 troy ounce fine gold € 1.657,00 € 1.535,00 7.94%
  Gold Eagle 1/2 troy ounce coin 2020/2021 € 875,00 € 775,50 12.87%
  Gold Sovereign coin € 383,50 € 325,50 17.87%
  Gold 1/10 troy ounce Vienna Philharmonic coins 2021 € 201,00 € 155,00 29.63%
  Gold 1/10 troy ounce American Eagle coin 2021 € 190,00 € 155,00 22.54%
  1 troy ounce gold Krugerrand coin 2021 € 1.635,00 € 1.540,00 6.16%
  1/4 Troy ounce Golden Eagle 2020/2021 € 454,00 € 385,00 17.88%
  1/2 troy ounce gold Vienna Philharmonic 2020/2021 € 875,00 € 780,50 12.14%
  30 Gram gold coin Panda 2020 € 1.606,00 € 1.486,00 8.1%
  15 Gram gold Panda coin 2020 € 811,00 € 750,00 8.1%
  1/4 Troy ounce gold coin Queens Beasts White Horse 2020 € 453,00 € 390,00 16.12%
  1/2 troy ounce gold coin Britannia 2020 € 874,00 € 775,50 12.74%
  1/20 Troy ounce gold coin Lunar 2021 € 120,00 € 75,00 59.95%
  1/10 Troy ounce gold coin Lunar 2021 € 196,50 € 155,00 26.73%
  1/4 troy ounce gold coin Lunar 2021 € 459,50 € 390,00 17.78%
  1/2 troy ounce gold coin Lunar 2021 € 886,00 € 775,50 14.28%
  1 Troy ounce gold coin Lunar 2021 € 1.663,00 € 1.540,00 7.98%
  2 Troy ounce gold coin Lunar 2021 € 3.300,00 € 3.080,00 7.13%
  10 troy ounce gold coin Lunar 2021 € 16.740,00 € 15.400,00 8.69%
  1/10 Troy ounce golden coin Kangaroo 2021 € 184,00 € 155,00 18.67%
  1/4 Troy ounce golden coin Kangaroo 2021 € 453,00 € 385,00 17.62%
  1/2 Troy ounce golden coin Kangaroo 2021 € 869,00 € 775,50 12.09%
  1 Troy ounce golden coin Kangaroo 2021 € 1.633,00 € 1.540,00 6.03%
  1 Kilo golden coin Kangaroo 2021 € 51.020,00 € 49.520,00 3.03%
  1/4 troy ounce gold coin Queens Beasts White Greyhound € 461,50 € 390,00 18.29%
  1 Troy ounce gold coin Queens Beasts White Greyhound 2021 € 1.647,00 € 1.540,00 6.94%
  1/10 Troy ounce golden coin Britannia 2021 € 192,00 € 155,00 23.83%
  1 troy ounce golden coin Britannia 2021 € 1.633,00 € 1.540,00 6.03%
  1 Gram gold coin Panda 2021 € 73,00 € 50,00 45.95%
  3 Gram gold coin Panda 2021 € 193,00 € 150,00 28.62%
  8 Gram gold coin Panda 2021 € 478,00 € 400,00 19.46%
  15 Gram gold coin Panda 2021 € 838,50 € 750,00 11.76%
  30 Gram gold coin Panda 2021 € 1.604,00 € 1.486,00 7.97%
  1/4 troy ounce gold coin Britannia 2021 € 453,00 € 390,00 16.12%
  1/2 troy ounce gold coin Britannia 2021 € 874,00 € 775,50 12.74%
  1/10 troy ounce gold coin kookaburra 2021 € 196,50 € 155,00 26.73%

Guide for goldbars

Gold bars are most likely to be the cheapest option to buy gold. We offer gold bars from 1gr up to 1 kilogram.

  • All bars we sell are from Good Delivery refineries;
  • A buy back guarantee applies to all gold bars, 98% of gold price;
  • Most refineries include a certificate of authenticity;
  • Known worldwide and well-tradable.

Zilveren munten

Product description You buy You sell Spread (%)
  250 Grams gold bar Umicore € 12.610,00 € 12.255,00 2.88%
  500 grams goldbar € 25.145,00 € 24.515,00 2.58%
  1 Kilo gold bar Umicore € 49.920,00 € 49.025,00 1.82%
  50 grams gold CombiBar € 2.685,00 € 2.427,00 10.65%
  1 grams goldbar € 75,90 € 48,50 56.39%
  20 grams gold CombiBar Valcambi € 1.149,00 € 970,50 18.38%
  Umicore 1 grams goldbar with certificate € 76,40 € 48,50 57.43%
  Umicore 2.5 grams goldbar with certificate € 152,00 € 121,50 25.28%
  Umicore 5 grams goldbar with certificate € 294,00 € 242,50 21.16%
  Umicore 10 grams goldbar with certificate € 535,50 € 485,50 10.34%
  Umicore 20 grams goldbar with certificate € 1.053,00 € 970,50 8.49%
  Umicore 50 grams goldbar with certificate € 2.571,00 € 2.427,00 5.95%
  Umicore 100 grams goldbar with certificate € 5.095,00 € 4.853,00 4.98%
  1 grams goldbar € 75,50 € 48,50 55.57%
  Umicore 1 troy ounce goldbar with certificate € 1.607,00 € 1.509,00 6.47%
  10x 1 gram gold combi bar Valcambi € 591,50 € 495,00 19.44%
  50x 0,5 grams gold CombiBar € 1.408,00 € 1.213,00 16.05%

Guide for silver coins

Silver coins will be the best option for the private investor.

  • We sell all silver coins at the VAT Margin scheme;
  • 1 ounce silver coins are easy to trade and recognized;
  • A buy back guarantee of 107% of the current silver price;
  • Silver is very cheap compared to gold and accessible for each budget.
Zilveren munten
Product description You buy You sell Spread (%)
  1 troy ounce silver coin Philharmonic 2021 € 25,00 € 22,60 10.59%
  1 troy ounce American Silver Eagle 2021 € 28,00 € 22,60 23.86%
  1 troy ounce silver Maple Leaf 2021 € 25,40 € 22,60 12.36%
  1 Troy ounce silver Kangaroo coin 2021 € 25,20 € 22,60 11.47%
  Rare: 1 troy ounce silver coin Lunar Series II - Year of the Ox 2009 € 89,00 € 22,60 293.69%
  1 troy ounce American Silver Eagle various years € 27,00 € 22,60 19.43%
  1 Troy ounce silver coin Krugerrand 2021 € 26,20 € 22,60 15.9%
  1 Troy ounce silver coin Johannes Vermeer Milkmaid € 99,00 € 22,60 337.93%
  1 Troy ounce silver coin Scream Munch € 99,00 € 22,60 337.93%
  1 Troy ounce silver coin Sunflowers Vincent van Gogh € 99,00 € 22,60 337.93%
  1 Troy ounce silver coin Disney Villains - Ursula 2019 € 89,00 € 22,60 293.69%
  1 Troy ounce silver coin Whistler Mother James McNeill € 99,00 € 22,60 337.93%
  7 Troy ounce silver coin set Mexican Libertad Proof € 399,95 € 158,00 152.74%
  1 Troy ounce zilveren munt Athenian Owl € 27,10 € 22,60 19.88%
  1 Troy ounce The Silver Mountain Rectangular Dragon € 74,95 € 22,60 231.54%
  1 Troy ounce silver coin Starry Night Vincent van Gogh € 99,00 € 22,60 337.93%
  2 troy ounce silver coin Duowentian € 319,95 € 45,20 607.65%
  2 troy ounce silver coin Zhuge Liang € 319,95 € 45,20 607.65%
  3 troy ounce silver coin Amun-Ra € 329,95 € 67,80 386.51%
  2 troy ounce silver coin Kookaburra 2020 € 64,30 € 45,20 42.22%
  5 Troy ounce silver coin Koala 2020 Proof € 415,45 € 113,00 267.55%
  1 Troy ounce silver coin Germania 2020 € 49,95 € 22,60 120.95%
  10 Troy ounce silver coin Germania Allegories 2019 € 549,95 € 226,00 143.27%
  3 troy ounce silver coin Cameroon - Uranus 2020 € 305,45 € 67,80 350.39%
  3 troy ounce silver coin Cameroon - Mars 2020 € 305,45 € 67,80 350.39%
  2 troy ounce silver coin self portrait Vincent van Gogh € 457,95 € 45,20 912.87%
  2 troy ounce silver coin Azure Dragon 2020 € 349,95 € 45,20 674%
  2 troy ounce silver coin the Impaler Dracula 2020 € 339,95 € 45,20 651.88%
  1 Troy ounce silver coin Emu 2020 € 36,80 € 22,60 62.78%
  1 Troy ounce silver coin Emoe 2020 Proof € 82,95 € 22,60 266.93%
  1 Troy ounce silver coin Disney Lunar year of the mouse - luck 2020 € 95,50 € 22,60 322.44%
  Silver coin Forbidden City of Caisson 2020 € 299,95 € 72,70 312.64%
  Silver coin Celebrating Love - Deer Proof 2020 € 101,45 € 15,25 564.6%
  3 troy ounce silver coin Tree of Life Proof 2020 € 425,95 € 67,80 528.06%
  2 troy ounce silver coin Tossakan 2020 € 519,95 € 45,20 1050%
  1 Troy ounce silver coin Kangaroo 2020 Color € 73,95 € 22,60 227.12%
  1 troy ounce silver coin set Industry in Motion 2020 € 169,95 € 22,60 651.77%
  1 Troy ounce silver coin Disney Lunar year of the mouse – Prosperity 2020 € 95,50 € 22,60 322.44%
  1 Troy ounce silver coin Disney Lunar year of the mouse – Longevity 2020 € 95,50 € 22,60 322.44%
  1 Troy ounce silver coin Kookaburra 2019 ANDA coin fair € 49,95 € 22,60 120.95%
  Silver coin august Birthstone Swarovski 2020 € 63,00 € 5,82 983.37%
  Silver coin september Birthstone Swarovski 2020 € 63,00 € 5,82 983.37%
  10 Troy ounce silver coin Queens Beasts White Lion € 323,50 € 226,00 43.1%
  1 Troy ounce silver coin Disney Lunar Year of the Mouse 2020 € 89,00 € 22,60 293.69%
  1 Troy ounce silver coin Lunar 2021 Proof € 109,95 € 22,60 386.36%
  1/2 troy ounce silver coin Lunar 2021 Proof € 69,95 € 11,25 520.84%
  3-pieces silver coin set Lunar 2021 Proof € 229,00 € 79,10 189.56%
  2 Troy ounce silver coin Queens Beasts White Greyhound € 57,10 € 45,20 26.29%
  1 Troy ounce silver coin Germania Beast Fafnir 2020 € 54,95 € 22,60 143.07%
  Canada Maple Leaf Four Seasons edition € 229,00 € 90,40 153.25%
  1 troy ounce silver coin Britannia 2021 € 25,20 € 22,60 11.47%
  Silver coin October Birthstone Swarovski 2020 € 63,00 € 5,82 983.37%
  Silver coin November Birthstone Swarovski 2020 € 63,00 € 5,82 983.37%
  Silver coin December Birthstone Swarovski 2020 € 63,00 € 5,82 983.37%
  Silver coin Flower emblems of Canada Saskatchewan € 49,00 € 5,82 742.62%
  2 troy ounce silver coin Samoa Avalokitesvara Piedfort - antique finish 2020 € 209,00 € 45,20 362.26%
  2 troy ounce silver coin Samoa Hygieia Piedfort - antique finish 2020 € 209,00 € 45,20 362.26%
  Silver coin Canadian Maple Leaf brooch legacy 2020 € 295,00 € 45,60 547.26%
  1 troy ounce silver coin Harry Potter - Albus Bumbledore 2020 proof € 99,95 € 22,60 342.13%
  1 troy ounce silver coin Disney Mickey Mouse - ready set go proof 2020 € 109,00 € 22,60 382.16%
  2 troy ounce silver coin Mandala Owl - Antique Finish 2020 € 239,00 € 45,20 428.61%
  2 troy ounce silver coin Gray Wolf - Antique Finish 2020 € 259,00 € 45,20 472.84%
  2 troy ounce silver coin Gustav Klimt 2020 € 239,00 € 45,20 428.61%
  1 troy ounce silver coin Love is Precious - Flamingos 2021 Proof € 119,00 € 22,60 426.4%
  1 troy ounce silver coin Disney Frozen - sisters for ever 2020 Proof € 99,00 € 22,60 337.93%
  1 troy ounce silver coin Disney Micky Mouse - Faster and Stronger 2020 Proof € 109,00 € 22,60 382.16%
  1 troy ounce silver coin Republic of Mandala Buffalo 2020 € 32,00 € 22,60 41.55%
  2 troy ounce silver coin nine dragons 2020 € 495,00 € 45,20 994.82%
  3 troy ounce zilveren munt Beethoven - Antique Finish 2020 € 495,00 € 67,80 629.88%
  Silver 1,5 troy ounce gold-plated credit card coin 2020 € 399,95 € 31,70 1163.37%
  1,5 troy ounce silver credit card coin 2020 € 279,95 € 33,90 726.46%
  2 troy ounce silver coin Jurassic World 2021 € 249,00 € 45,20 450.73%
  10 Troy ounce zilveren munt Queens Beasts Yale € 323,50 € 226,00 43.1%
  1 troy ounce silver coin Maple Leaf Chameleon 2020 € 89,00 € 22,60 293.69%
  1 troy ounce silver coin American Eagle Chameleon 2020 € 89,00 € 22,60 293.69%
  1 troy ounce silver coins set Cameleon € 169,00 € 45,20 273.79%
  3 troy ounce silver coin Anubis Egyptian statue 3d Obsidian 2020 € 595,00 € 67,80 777.33%
  2 troy ounce silver coin Phoenix Antique Finish 2018 € 189,00 € 45,20 318.02%
  2 troy ounce silver coin Qi Lin Unicorn Antique Finish 2018 € 189,00 € 45,20 318.02%
  2 troy ounce zilveren munt portret Vincent van Gogh - Francs Chad 2021 € 429,00 € 45,20 848.84%
  2 troy ounce silver coin Old Calendars Heavenly Stems and Earthly Branches 2020 € 259,95 € 45,20 474.94%
  2 troy ounce silver coin female warrior - Valkyrie 2020 € 299,95 € 45,20 563.41%
  3 troy ounce silver coin Zhang Fei Antique Finish 2020 € 299,95 € 67,80 342.28%
  2 troy ounce silver coin God of Anger Horus Ultra High Relief 2020 € 275,95 € 45,20 510.33%
  1 troy ounce silver coin white shark - Proof 2021 € 159,00 € 22,60 603.34%
  1 troy ounce silver coin Kookaburra (Goat Privy) 2015 € 45,00 € 22,60 99.06%
  1 troy ounce silver coin Kookaburra 2021 € 31,70 € 22,60 40.22%
  1 Troy ounce zilveren munt Lunar 2010 (Lunar II series) € 63,10 € 22,50 180.02%
  1 troy ounce silver coin Lunar 2021 € 34,30 € 22,60 51.73%
  2 Troy ounce zilveren munt Mexican Libertad € 65,60 € 45,10 45.56%
  5 x 1 troy ounce silver coin Northern Light series € 399,95 € 113,00 253.84%
  2 troy ounce silver coin Lü Bü battle against three heroes 2021 - antique finish € 399,00 € 45,20 782.49%
  2 troy ounce silver coin Titans Atlas 2020 € 349,00 € 45,20 671.9%

Guide for silver bars

Silver bars are charged with 21% VAT, our pricing is VAT included. Silver bars are the best option for companies.

  • Silver bars from LBMA refineries including Umicore;
  • Minted in the highest purity of at least 99.9% silver;
  • Newly minted silver bars in original packaging;
  • Buy back guarantee of 95-98% of the silver price
Zilveren munten
Product description You buy You sell Spread (%)
  1 Kilo silver bar Umicore € 922,00 € 645,50 42.86%
  500 Grams silver bar Umicore € 475,50 € 333,00 42.84%
  1 Kilogram silver bar VAT-free Asahi € 714,50 € 666,00 7.32%
  100 Troy ounce silver bar VAT-free Royal Canadian Mint € 2.228,00 € 2.071,00 7.61%
  1000 Troy ounce silver bar VAT-free € 21.760,00 € 20.705,00 5.08%

Disclaimer: the data we share at this page might not always be up to date.
No rights may be derived from the information, recommendations or calculated values contained in this page.

Buying gold or silver?

At The Silver Mountain you can buy gold or silver. We offer a variety of bullion coins including the Maple Leaf coins from Canada and the Krugerrand from South-Africa. Gold bars and silver bars are also available. We only offer bars purchased from “Good Delivery” approved refineries to ensure their purity and weight.

Buying silver

If you want to invest in silver, you should know that silver is primarily considered to be an industrial good. For that reason silver is charged with 21% VAT. An exception applies for all silver coins that are legal tender and/or can be purchased as a collectible. The silver coins can be sold under the margin scheme, where the seller only charges 21% VAT on their profit instead of the entire amount. Silver coins will always be cheaper to buy than silver bars and if you want to sell your silver in the future you will get a better price for silver coins in comparison to silver bars.

The most common silver coins include the Maple Leaf, Philharmonic and Silver Eagle. Since the credit crunch in 2008 mintage of these coins has exploded and demand is on a steady level. These coins are minted in 1 troy ounce (31.103 grams) and contain at least 99.9 fine silver.

Buying gold

If you want to buy gold, you have more interesting options available. Gold is considered to be an investment and gold bullion is not charged with VAT (0% Rate). For that reason gold is available at a very low premium. Since gold is at the moment roughly 70x more expensive than silver the producing costs or premium is relatively low compared to the gold value, whereas silver is rather expensive to purchase. (Imagine you own a private mint and you are minting coins in gold, silver or any other metal. The cost price will be roughly the same for the minting process regardless of the metal you choose to use. So if your cost price is $1, that is a very high percentage of the current silver price ($16) and a very low percentage of the current gold price ($1.220).

Gold 1 ounce coins are very popular among investors because they contain exactly 1 troy ounce fine gold. The gold market price is also listed in 1 ounce fine gold – making the value of your coin very easy to determine. If you buy rare coins or old coins an expert would need to determine the value. Gold bullion coins are also available in smaller sizes from ½ ounce up to 1/10 ounce. The smallest coins will be rather expensive and are not suited for large investors in gold bullion.

Most people would buy gold coins if they want to invest a relatively common amount. If you want to invest a larger amount you can also consider gold bars. The gold bars are cheaper (at least, all sizes from 50 gram or higher) because the production costs and premium will be lower. Please keep in mind that gold bars are a little bit more difficult to sell and you will get a lower price if you sell your gold bars. At our overview provided above you can find information about the spread between gold coins and gold bars.

All gold bars are minted by LBMA approved refineries. Each gold bar should contain their weight, purity and a logo or mark of the producer. Some producers also include a certificate of authenticity.

How is the price of gold and silver determined?

All our prices are based upon the current gold price and silver price. We update our pricing automatically each 3 to 5 minutes to ensure we are able to offer you an accurate price. You pay a premium over spot because you buy a physical product that has to be minted and shipped to you. Also the refinery and we as a reseller make a small profit on these products.

 
Spreads for gold and silver

All prices include the following aspects:

  • Intrinsic value (current gold price or silver price);
  • Production costs or premium to produce the coin or bar;
  • Profit for refinery and reseller;
  • VAT (if applicable)

 

As you can see in the image above the premium of gold is always very low, regardless if you buy gold coins or gold bars. With silver it is a different story, especially for silver bars. Silver bars are charged with 21% VAT.

                                                         

Do you have any questions about purchasing gold or silver?
We are available by phone at +31 (0)35 20 31 380