Best Value 1oz Silver Britannia Coin - Mixed Dates from 2013 Onwards
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Silver has been treasured for millennia, valued for its beauty, versatility, and enduring role as a store of wealth. Today, silver bullion offers investors a more affordable entry point into precious metals than gold, while still delivering the security of a tangible asset. Available as both coins and bars, silver bullion is a popular choice for those seeking to diversify their holdings, hedge against inflation, or build a physical reserve.
All our new silver bullion products are sourced from LBMA-accredited refiners and trusted mints, ensuring every item meets the highest standards of weight and purity. Whether you prefer the tradition of a silver coin or the efficiency of a larger bar, each piece is clearly stamped and delivered in secure packaging.
Silver’s unique combination of investment appeal and industrial use can make it a dynamic addition to an investment portfolio, with potential for both long-term stability and growth.
Gold Traders stocks an extensive selection of silver coins and bars, from fractional weights ideal for gradual accumulation to substantial bars for cost-effective bulk investment. We offer both brand new and fully authenticated pre-owned silver, giving customers access to excellent value and, where possible, stock eligible for sale under the VAT margin scheme, reducing the amount of VAT payable.
Every silver bullion item we sell is tested, verified, and supplied in secure packaging for your peace of mind.
What does the exempt CGT status mean?
Why buy CGT-exempt products?
When you buy silver, platinum, or palladium bullion in the UK, Value Added Tax (VAT) can significantly impact the cost. Unlike investment-grade gold, which is VAT-exempt, these metals are normally subject to VAT at 20% when sold new.
The VAT Margin Scheme provides a way to reduce this cost when buying pre-owned bullion. Here's how it works: when a coin or bar is first sold as a brand-new product, VAT is charged in full. Once that VAT has been accounted for, the same item can later be sold under the Margin Scheme. In this case, VAT is only applied to the dealer's margin (their profit) rather than the entire metal value.
For you as a buyer, the benefit is simple - the overall price is lower, because you're not being asked to pay VAT a second time on the intrinsic metal content. The bullion itself is identical in weight and purity to brand-new items; the only difference is that it qualifies as pre-owned.
We've compiled a list of our most frequently asked questions. If there's something we haven't covered, please call us & we'll be happy to help. Read all FAQs.
As gold bullion is exempt from UK VAT, there are no applicable taxes at the point of purchase.
However, investors should note that gold bars are liable for Capital Gains Tax at the point of sale, if you exceed your capital gains threshold within your tax year and you make a profit on the sale.
As we're not financial advisors, we can't offer you advice. However, we can give you some facts surrounding gold bar investment.
When investing in gold bullion there are two primary choices:
Potential investors must always remember that the sale of gold bars are subject to Capital Gains Tax (if you make a profit on their sale and you go over your annual CGT threshold).
The key difference wth UK issued gold coins (primarily Sovereigns and Britannias) is these coins are exempt from Capital Gains Tax.
Therefore, if you're a UK resident, whilst the margin you pay when buying a gold bar may be lower, you might be better off investing in UK issued gold coins.
The scheme applies to pre-owned silver, platinum, and palladium bullion. Gold bullion is already VAT-exempt, so it is not affected.
Because the full VAT was already accounted for when the coin or bar was originally sold as a new product. Under UK rules, it can then be resold on the Margin Scheme, keeping costs lower for the next buyer.
No. The coins and bars are exactly the same specification for weight and purity. The only difference is that they have previously been sold, allowing them to qualify as pre-owned. Pre-owned bullion may show signs of wear or handling, but its technical specification remains the same.
No. Under the Margin Scheme, VAT cannot be shown separately. It is included within the total price, but only calculated on the dealer's margin.
Not at all. When you sell your bullion, the buyback price is based on its metal content and weight, not on whether it was sold under the Margin Scheme.
Cost. Without it, you'd be paying 20% VAT on the full bullion price every time you bought silver, platinum, or palladium. The Margin Scheme ensures you don't pay VAT twice, making these metals far more affordable as an investment.
It's a system that allows dealers to charge VAT only on their profit margin, rather than the full value of the bullion. This is possible because VAT was already paid when the item was first sold as new.