Pre-Owned 1oz Silver Bar : Best Value
Out of Stock
Pre-Owned 5oz Silver Bar : Best Value
SKU: BVSB5OZ | Pre-Owned | Out of Stock
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This product is eligible for same-day dispatch.
The table below displays quantity, price each, and price from.
Quantity
Each
Starts from
1 - 4
£221.77
£221.77
5 - 9
£219.84
£1,099.20
10 +
£217.91
£2,179.10
About this product
Our best value pre-owned 5oz silver bars hold five troy ounces of 999 fine silver, about 155 grams. We pick each bar from our mixed stock of recognised refiners, so the price stays close to the value of the silver.
As they're pre-owned, these bars are sold under the VAT margin scheme. That means VAT is only charged on our margin, not on the full price.
Read more5oz Silver Bar (Best Value) Specification
-
MaterialSilver -
Denomination / Size5 Ounce -
VAT StatusMargin -
CGT StatusNot Exempt
Product Description
The 5oz bar sits neatly between a 1oz bar and a 10oz bar. It's an affordable way to buy a good amount of silver in one piece.
Each bar has been owned before, but the silver inside is exactly the same as in a new bar.
Why choose a 5oz silver bar?
- Five troy ounces of silver, at least 999 fine
- Usually a lower premium per ounce than smaller bars
- Small enough to store easily
- VAT charged only on our margin
The bar you'll receive
When you order, we send the best value 5oz bar in our stock. Our pre-owned bars come from a range of recognised refiners, so the shape, finish and markings can vary. Every bar is stamped with its weight and purity.
About condition
Pre-owned silver can show light marks or toning. Toning is a natural change in colour on the surface of silver over time. Neither affects the amount of silver in the bar.
Other sizes
Want more silver in one bar? Take a look at our pre-owned 10oz silver bars.
Delivery Information
Your bar will be sent by Royal Mail Special Delivery, fully insured and tracked. Order before 1pm on a weekday and, as long as it's in stock, we'll normally post it the same day. Every pre-owned bar is checked before it leaves us.
Prefer to collect? Choose 'Click & Collect' at checkout and save on postage. We'll email you when your bar is ready at our Royal Wootton Bassett branch. Please bring official photo ID, such as a passport or driving licence.
We accept UK debit cards and bank transfers, but not credit cards. We only supply customers in the UK.
Investing Information
How VAT works on this bar
New silver bars carry VAT at the standard rate on the full price. Because this bar is pre-owned, we sell it under the VAT margin scheme, so VAT is only charged on our margin. You won't see any extra VAT added at checkout.
Capital Gains Tax
Silver bars aren't legal tender, so they're not exempt from Capital Gains Tax. You'd only pay CGT if you sold at a profit and your total gains for the tax year were above your annual allowance. UK legal tender silver coins, such as Silver Britannias, are CGT-exempt.
Silver prices
The value of your bar follows the live silver price. Silver often moves more sharply than gold, partly because so much of it is used in industry. You'll find today's value in the FAQs below.
Selling your silver
When you sell, the price will be based on the silver price at the time. Gold Traders buys silver too, and you can see our current silver prices on our website.
We can explain how this bar is taxed, but we can't give personal financial advice. Please do your own research, and get professional guidance if you need it.
Product Specification
Attribute
Detail
Metal
Silver
Fineness
999 minimum
Weight
5 troy oz (about 155.5g)
Refiner
Mixed recognised refiners
Finish
Varies (cast or minted)
Condition
Pre-owned
Packaging
Sealed or loose (varies)
VAT
Margin scheme (VAT on our margin only)
CGT Status
Not exempt
Denomination Information
How heavy is 5oz?
Silver is weighed in troy ounces. Each troy ounce is 31.1 grams, so a 5oz bar weighs about 155 grams.
A popular size worldwide
Refiners around the world make 5oz silver bars, especially in North America, where ounce sizes are the standard. That makes them easy for dealers to recognise.
Cast or minted
Some 5oz bars are cast, by pouring molten silver into a mould, which gives them a rugged look. Others are minted, cut from a sheet of silver and stamped for a smooth, sharp finish. We stock both, depending on what's available.
About Us
Every pre-owned bar is checked by our team before it goes on sale, and anything we can't verify is never listed.
Gold Traders has traded in precious metals since 2008. We were the first precious metals company in the UK to gain Trading Standards accreditation through the Buy With Confidence scheme, and we're members of the British Numismatic Trade Association.
Why customers buy from us:
- Prices that follow the live silver market
- Fully insured Royal Mail delivery across the UK
- Click & Collect from our Royal Wootton Bassett branch
You can read our customer reviews on Trustpilot, Google and FreeIndex. We can't give personal financial advice, but we're always happy to help with questions about this bar or your order.
Your questions answered
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.
Yes, with Click & Collect. We don't make walk-in sales, for security and stock reasons, so please order online and choose 'Click & Collect' at checkout. We'll email you when your bar is ready at our Royal Wootton Bassett branch. Please bring official photo ID. Payment is by UK debit card or bank transfer, not credit card.
Some bars reach us sealed and others are loose, so it varies. Either way, we pack your bar securely and send it by Royal Mail Special Delivery, fully insured and tracked. In-stock orders placed before 1pm on a weekday usually go out the same day.
It will vary. We send the best value 5oz bar in our stock when you order, and our pre-owned bars come from a range of recognised refiners. Every bar is stamped with its weight and purity.
You can pay by UK debit card or bank transfer. We don't accept credit cards, Amex or business payment cards.
Only on our margin. Pre-owned silver bars are sold under the VAT margin scheme, so VAT is worked out on our margin rather than the full price. No extra VAT is added at checkout.
No. Silver bars aren't legal tender, so they don't have a CGT exemption. CGT is only due if you sell at a profit and your total gains for the tax year are more than your annual allowance.
Each bar holds five troy ounces of silver, at least 999 fine. At today's live market price, that silver is worth about £193.60. The price to buy is higher, as it includes VAT on our margin and the cost of sourcing and checking each bar.
A 5oz silver bar weighs about 155.5 grams. Silver is weighed in troy ounces, and each troy ounce is 31.1 grams.
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