Has anyone used these sites before?

[Alanlaw]

Hi everyone, 

Looking to purchase some silver Britannia coins. I've used bullionbypost for my first purchase and had to pay VAT. I have found Goldsilver.be and Wickham silver today and am wondering has anyone used these sites before and if so how was your experience using them/were your orders satisfactory?

Kind regards,

Alan

[trp]

Hi Alan, I’ve used goldsilver.be before, service has been pretty reliable and at the products I’ve received have been in good condition. Can also recommend The European Mint and Silver To Go. Never come across Wickham Silver, will have to check them out. 

[Alanlaw]

Hi @trp,

Thank for your reply. Goldsilver.be is definitely the cheapest per Oz I've found so it seemed too good to be true. I'll check out silver to go too as I hadn't heard about them before! 

[BarryJinx]

I bought 25 x 1oz silver 2020 Britannia's from GoldSilver.be last week.  Ordered late Friday and they arrived yesterday. All packaged well .  Paid by bank transfer. No issues whatsoever.

[Alanlaw]

Hi @BarryJinx

That's actually great to hear because it's the order I was looking to make, can I ask you how was the shipping process? I'd be looking to get it sent to Ireland.

[Stacker2020]

I've made several purchases from goldsilver.be and have been very happy with them. Also second the European Mint as a good source. Or you could always check the for sale pages on the forum.

[BarryJinx]

Hi,

The coins were shipped by UPS £24 if i remember . So adds ~£1 per coin on batch of 25 but no VAT.  Tracked via tracking number

[Groundup]

Wickham is part of UK Gold Bullion.

I have never used either company.

 

[marco88]

On 08/01/2020 at 13:08, BarryJinx said:

Hi,

The coins were shipped by UPS £24 if i remember . So adds ~£1 per coin on batch of 25 but no VAT.  Tracked via tracking number

hi Barry, what do you mean no VAT? I was looking at Goldsilver.be and on the orders says Inclusive of tax...?

thanks!

[PeterPan]

VAT is an EU tax. If you are VAT registered in your country and sell goods to another EU country you have to charge VAT at your country's rate (unless you are also registered in the customers country) if selling to someone who is not VAT registered in that country. Selling to a business customer who is VAT registered in the customer country can be zero-rated (i.e. No VAT). 

So, a VAT registered company in Germany selling goods to a non-VAT customer in the UK will have to charge German VAT at the prevailing rate. It just so happens that the VAT rate on silver in Germany is low (I think 5%). So when they say it includes all taxes they mean it includes the 5% VAT.

As you are bringing goods in from the single market it won't be stopped at customs and won't be subject to any further taxes on import.

After brexit though.... Who knows! This is the sort of thing which should be being negotiated right now!