German Silver Coin confusion

[TheGeneral]

I am currently in Germany and decided to pop into a German coin shop for a couple of souvenirs. 

I bought a couple of €20 silver coins that are .925 Silver. Not checked but they feel about half an ounce and cost €55 for the two. 

My question for the forum is why so expensive and also why is the face value so high compared to a Britannia when it has a lot less silver in it? 

[Foe]

I think the face value is lower because britannias been around since 1987

[TheGeneral]

That make sense but I’m still confused by the €20 Euro face value. At the current high price of silver it’s still worth less than half its face value and a 1/4 of price they sell them for. It would be like selling the silver Britannia for £40. 

I guess the Germans don’t invest in coins for any other reason than as a collectable?

[Foe]

I guess they are not legal tender then. Idk what they are as I'm new to this but silver germanias 1ozt 999 with their hi premiums are about 22£. 

[LongJSilver]

Official coins minted in the millions by the government. Dont´t buy the scam coins. They are marketed as collectibles with high profit for the issuer. The silver content or weight of some coins was reduced years ago and you always pay 19% VAT. Nobody is using them in everyday life. There are coins and medals. Since 2012 Coins are taxed with 7% and medals with 19%. Never ever trust the greedy German government! They are communists mascerading as democrats no matter the party. They are plotting a new scam everyday. At the moment they discuss a wealth tax and a CO2 tax. The Roman speaking countries like France, Spain & Italy are even worse. Run...

 

Here are 3 official 1 ounce coins minted by the German government. Watch the government fixed price and run for your life. 

https://www.muenze-berlin.de/Silber-Quadriga-2019-1-Unze.htm

https://www.muenze-berlin.de/SILBER-PANDA-2019-1-Unze-Feinsilber.htm

https://www.muenze-berlin.de/Silber-Eisbaer-2018-1-Unze.htm

 

German Investors that have a clue buy from precious metals dealers like ps-coins.com, aurinum.de, muenzdachs.de, anlagegold24.de, heubach-edelmetalle.de, mp-edelmetalle.de, kronwitter-muenzen.de, auragentum.de, silber-corner.de, goldsilver.be (Belgium)

 

There are many more dealers you can find here: gold.de

German is not that hard. English is a Germanic language with a few french words. You will figure that site out. Its a good site to find out prices in that area.

[Silverscrooge]

From the German bundesbank website https://www.bundesbank.de/dynamic/action/en/homepage/search/723378/general-search?query=legal+tender+coin

Legal tender is the means of payment that nobody can refuse to settle a monetary obligation without experiencing legal disadvantages. In the euro area, euro banknotes and coins are legal tender; only Eurosystem central banks are allowed to introduce euro banknotes and coins into circulation. In Germany, banknotes denominated in euro are the sole unrestricted legal tender. Euro coins are restricted legal tender as no one is obliged to accept more than 50 coins or coins to the value of more than €200. German commemorative euro coins are legal tender throughout the euro cash area. However euro collector coins are only valid in the issuing country. Euro collector coins are distinguished by the fact that their nominal value is not equivalent to a regular coin (for example 1/4 euro or 5 euro).

[TheGeneral]

Thanks all. That clears things up a little.