Importation Vat on numismatic coins into the UK is not 20% !

K.Taris

Very interesting so what is the conclusion? Can you get 15% of the VAT back on certain coins?

In India now its wedding season and there is not enough gold to meet demand. The government are trying to put the tax up on gold to keep demand down, but there is no tax on silver. So demand for silver bullion is breaking all records in India because there is no tax like the high tax on gold.

But in Europe there is this high tax on silver and none on gold?????????????????????????????????

But the silver to gold ratio is still over 66 ounces of silver can be bought for the same price as just 1oz of gold. The norm was alwasy 16oz silver same price as 1oz gold. Thats because there always used to be 16oz silver mined to one oz gold. But now silver is getting depleted and has halved !

Now only 8oz of silver mined for every 1oz of gold. And over half of those silver ounces mined every year is used up by industry. Hardly any of those gold ounces are used up in industry.