Buying Silver in Germany

BlueC

Interesting thread.

Can I just ask, what on earth does one do with this silver once its back in the UK? Keep it under your bed? Or do you put it in a safety deposit, and isn't that expensive? (Sorry for hijacking this already hijacked thread).

shaun_from_Africa

Wow 20 oz of gold worth about £17,600 !!

At the time they were worth about £11,000 (about £545 per coin) as it was a few years ago.

There was no need to declare this as it is only cash, cheques and bankers drafts that the £10,000 limit is for.
I checked with HMCE and as Krugerrands don't have a face value they don't class them as currency (even though they do have legal tender status in South Africa).

Silverbull

Savvy69 wrote: »

Well Ive never been on a Eurostar but I'm up for doing it. Would it be a risk on my own?
Yes its the coins I am going for. Think they are easier to offload or trade in the future. Ive been looking at the maples, they seem to be well priced. Dont you think its funny though that the americos coins are low in price (as well as the austrlian) but the british and chinese are high? Could be sign for the future. Only thing im thinking is by the time i go over there, spend on the hotel, and risk the transport coming back, i might as well have paid for it in the UK. Or am i being lazy?
Also would a dealer have 500 coins in stock? From what ive heard from the big suppliers shipments are coming straight in and straight out.
Thanks for the responses guys. Any other views on the market please share

If you are going over anyway its worth a small order.

But I would not like the stress of large amount of bullion on the train. Who else knows about it from the people you bought off? They could have you followed.

Just pay the 17.5% in the UK now and in a few weeks you have made 2.5% when VAT goes up to 20%.

The main thing about investing in silver is peace of mind. You sleep well at night.