Silverlocks

At a guess, they probably screwed up the F/X rate calculation.  If you go the other way you get to something about the spot price for gold.  It was about 1am local time, so I dare say they didn't have the A team on duty.
 

My first foray into sovereigns - there are many like them but these two are mine.

I think this site really needs a dad-joke emoji.

Old joke:
"My wife went to Indonesia"
"Really, Jakarta?"
"No, she flew"
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For some reason I'm reminded of this timeless classic -

For some reason I'm reminded of this timeless classic -

For some reason I'm reminded of this timeless classic -

For some reason I'm reminded of this timeless classic -

@TheShinyStuff - I think that Silver is a much more interesting space than gold due to the much larger variety of silver things people make at accessible prices. 
 
 

For some reason I'm reminded of this timeless classic -

For some reason I'm reminded of this timeless classic -

For some reason I'm reminded of this timeless classic -

For some reason I'm reminded of this timeless classic -

I'm not allowed to show you my stack, in case I get suspected of self-promotion, mentioning @ChardsCoinandBullionDealer, etc.
I hope @HerefordBullyun doesn't upload a photo of his "stack"!
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One day we shall see his full sack i tell you. One day. 
 

We already do, ever since I chipped a tooth biting into the wrong one years ago!
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Very sorry to hear that, hope it clears up with no issue. If not a couple of day in hospital will see you fine

Can I suggest you might want to start storing your sovereigns and chocolate coins in separate containers?

Can I suggest you might want to start storing your sovereigns and chocolate coins in separate containers?

Well, clearly somebody has gotten traces of chocolate on it.

Well, clearly somebody has gotten traces of chocolate on it.

Well, clearly somebody has gotten traces of chocolate on it.

So, according to t'interwebs one can buy, own and sell gold through a limited company to one's heart's delight.  Now, being a contractor by trade, I just happen to have a limited company lying about. So -
Has anybody here actually done this with Silver?  Presumably one could claim VAT back but would be obliged to charge the VAT back on sales.  Are there any other gotchas?
@LawrenceChard - I have a specific question that you might well know the answer to.  If one were to flog some sliver to a dealer from a limited company, the company would have to charge the VAT.  How does this work from your end?
@ChrisSilver - If one were to flog some silver held by a limited company (which is not primarily in the business of trading precious metals), would it be abusing the rules to do this as a personal seller through this forum?  
Given that I don't see people talking about holding silver in a limited company here, I presume it's not common practice.  I can see it having some benefits in deferring tax on the purchases, but little benefit otherwise.  On the other hand, is there some other gotcha to doing this that I haven't picked up on here?
I do appreciate that this is not financial advice and I may well schedule a confabulation with my accountant about the matter, but I was wondering if any of the folks here have experience with this or could otherwise offer some insights into it.

Same Coin Different Niton XRF Machine Test Results
We recently bought this very worn 1907-L gold sovereign in as scrap.

Reverse above, Obverse below:

Staff suspected it was fake, so we tested it:

The gold content shown is too low, but there is an anomaly.
Thee is a significant amount of platinum showing, 12 and 7 parts per thousand respectively. I have seen similar reading before, and suspect it is a glitch with our machine, probably in the algorithm which tries to interpret the raw data. Sometimes a re-test gives a "clean" result, often after a quick recalibration, which we did not perform at the time.
In one sense, it was not important to know whether this coin was fake or genuine, because it was so badly worn, we were only ever going to scrap it, but in another sense, it is usually worthwile trying to learn to distinguish fakes.
I was shown the coin, for my opinion, and I believe it is genuine.
It just so happened that our own Niton machine had been packed up ready to be sent for its (very expensive) annual service, so we had a newer looking loan machine.
I re-tested it, with these results:

You can see that the reported gold sontent is slightly higher, although still a tiny amount short of its expected range.
Our staff wtill wanted my opinion on whether it was fake or genuine.
I still believe it is genuine, but with a coin so worn, it may be almost impossible to be certain, and ultimately not worth investing too much time and effort on.
It did decide that we should invest a little more resource into photographing it, for the educational value.
These photos must be some of the best photos ever taken of such a bad coin!
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After 2 years you could liquidate the company and probably get away with keeping the gear as long as it didn't have a substantial book value.  I went perm for a while a few years ago and shut down my company and I still have a bit of the stuff like furniture and computer equipment, but it wasn't worth much at the time and I had been contracting for about 10 years prior to that.
Edit - from some further research on t'interwebs.
However, I think you would be getting into the territory that @BackyardBullion was talking about.  If I read HMRC's website and the interwebs at large correctly, you can't offset purchases of assets (including precious metals) against corporation tax, which is 19%.  You can only depreciate the assets subsequently and I think persuading HMRC that silver bullion was a depreciating asset is probably going to be a hard sell.
If the silver had any significant value you would probably have to liquidate it ('Members Voluntary Liquidation'), which is still subject to 10% capital gains tax before you would be allowed to wind up the company.
Maybe you could disguise the purchase of the silver as a director's loan, but I think that is also likely to draw the ire of HMRC and would still have you buying the silver personally and paying VAT, and you would have to pay the money back when you wind up the company.  Or, write it off as a bad debt.
I think the best possible outcome is that you may be able to liquidate the silver and take the money out of the company at 10% CGT instead of 20-40% self assessment tax.
Note that I am not an accountant, nor do I play one on TV.  In no way should this be construed as financial advice or suggestions for tax-evasion schemes.  If I knew a reliable way to dodge paying VAT on silver I certainly wouldn't go blabbing about it on social media.
I'm just a guy researching stuff on the interwebs.