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Defeatless
Reputation Activity
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Defeatless reacted to Zeuk in Advice
Be pretty akward to only find that out after investing 10+k in precious metals ... reflecting back i did wonder what they meant by troy 🤔😄
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Defeatless reacted to paulmerton in RSC .99999 Silver Coins
After literally 4 seconds of googling (not even exaggerating!) I found this:
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Defeatless reacted to Scootermuppet in Any impact when we get a new Monarch?
🤔 coins might have to be made bigger to get Chaz's ears in...?
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Defeatless got a reaction from LawrenceChard in Why silver price is going down when we have such inflation?
There is no VAT on "official minted coins from a counrty with a monetary value" in The Netherlands. It is classified as a margin exemption. The dealers pay only tax on their margins, which is 21%. They don't have to clarify the VAT on the bill, because it will show how much they have payed for / how much profit there is on the coins, which is secret business info. In Belgium the same rule applies.
This applies to all grades of silver. Even the numismatics.
Yet silver round, generic bars and whatsoever come with 21%. As so with palladium, platinum, rhodium etc...
All gold is exempt from VAT.
I bought quite some silver at goud999.com which is a Belgium site. They send it to The Netherlands without any VAT on the coins, see attachment. I put a little sticker on my adress.
So everyone is right a bit. A dealer does have to pay VAT in both The Netherlands and Belgium, but not on the coins, only on the margins they make.
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Defeatless got a reaction from Happypanda88 in Why silver price is going down when we have such inflation?
There is no VAT on "official minted coins from a counrty with a monetary value" in The Netherlands. It is classified as a margin exemption. The dealers pay only tax on their margins, which is 21%. They don't have to clarify the VAT on the bill, because it will show how much they have payed for / how much profit there is on the coins, which is secret business info. In Belgium the same rule applies.
This applies to all grades of silver. Even the numismatics.
Yet silver round, generic bars and whatsoever come with 21%. As so with palladium, platinum, rhodium etc...
All gold is exempt from VAT.
I bought quite some silver at goud999.com which is a Belgium site. They send it to The Netherlands without any VAT on the coins, see attachment. I put a little sticker on my adress.
So everyone is right a bit. A dealer does have to pay VAT in both The Netherlands and Belgium, but not on the coins, only on the margins they make.
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Defeatless got a reaction from LawrenceChard in Sovereign 1925 SA
Thank you for your quick replies!
I indeed mean the official restrike as only done by the Royal Mint.
So it only was London who did do that and I got a genuine 1925 SA yesterday! Given the quality I got, they didn't make a penny profit on me.
Once again this forum is a great help! Thank you!