9 Fine Mint: What’s the duty/tax?

[47Ag79Au78Pt]

Hi, can anyone share their experience of buying bullion from 9 Fine Mint.  At the time of writing $1=£0.77 and at that rate the 10ozt bar is £22.30 per oz... but what are the shipping and tax costs when purchasing from the USA?  Is it still a competitive deal?  

I’d like to increase my silver bullion holdings and I’m looking for something that doesn’t carry such a large premium as many silver bullion items do. 

Cheers. 

[BackyardBullion]

Importing into the UK would incur 20% VAT charges and an administration fee - from memory this is £8 if done via Royal Mail and it then ranges from £12 to £20 for some international couriers. 

I am pretty sure I have seen a few bits of 9 Fine Mint come up for sale here on the forum at decent prices - might be worth a UK "want ad"

[47Ag79Au78Pt]

On 27/10/2020 at 07:48, BackyardBullion said:

might be worth a UK "want ad

Thank you for that info.  As I thought, once the duty and VAT and shipping are added any cost advantage of buying one of these bars, is pretty much cancelled out.  At the moment, from a cursory look, some of the lowest premiums per ozT are the 10oz QB from Europe.

Just not sure how to invest, without incurring significant premiums of upwards of 25%🤔

Many thanks. 👍