Best buy silver

[Davido]

Hi everyone I'm new to the forum and the world of buying silver so I'm looking for any advice on where to start got a bit of excess cash to invest short term and some long term was thinking buying bars for the ease of it but don't know where to start looking ?

[ilovesilverireallydo]

50 minutes ago, Davido said:

Hi everyone I'm new to the forum and the world of buying silver so I'm looking for any advice on where to start got a bit of excess cash to invest short term and some long term was thinking buying bars for the ease of it but don't know where to start looking ?

If you are UK based and are planning to stack a fairly large amount, you should consider Britannias and or gold - specifically sovereigns 

Bars are taxable and attract a capital gains tax if you are selling them in large quantities. Britannias are tax exempt. Also - do your research and dont buy from high street shops or random retailers - I see you are in Leicester - the Indian shops there charge quite a premium on their silver and arent a good buy. (same with their gold). 

 It boils down to how much cash and when / how you would plan on selling. 

[Davido]

Hi thanks for the reply I'll have a look at britannia not to bothered what it is really I've been looking at sovereigns for a long term and silver for short term depends on what's easiest to sell I'm only looking online now to much fake stuff out there wouldn't go to retail shops either cheers

[SBrit20]

Sales forum on here is good for picking up silver, there's also a thread called UK & Europe Silver Deals (or somehing along those lines) on here which has links to lots of bullion sites that sell at relatively competitive prices. I'd look into buying from European sites as they will offer VAT free stuff which is usually better if your looking to buy something bigger as delivery can be expensive if it's a small lot.