Valcambi Gold & Silver?

manhattan

Hi,
A family member would like to buy quite a bit of Valcambi Gold and Silver, so is looking for advice on where to purchase from without being scammed.

Where would you suggest they purchase from at the best price?

What % would you suggest in Gold v Silver?


Thanks.

ColdIron

Are you based in the UK? It looks like they are dutch

If you are UK based why not use a reputable dealer here instead of abroad

manhattan

Hi, yes they live in the UK.

ColdIron

Well then I wouldn't bother with a foreign company, these are all reputable

Baird & Co
Chard
BullionByPost

Personally I wouldn't touch silver but it's up to you

Checkout Kitco for daily prices, they shouldn't pay more than a few percent premium from those prices depending upon quantity

DiggerUK

If they are buying for the design, then why. If they are buying for the future, then get gold at the cheapest price per gramme you can. Again, don't bother with silver, it's mainly an industrial metal, not an investment metal.

The amount to buy depends on what you are buying it for. Best as a 5 year plus long term saving, very risky as a speculative play, or for short term savings.

Check out Coininvestdirect, Elm Investments, and Atkinsons.

Remeber that gold is VAT free, and UK legal tender is also CGT free.
..._

cydney65

Another vote for Baird, Atkinsons and Chard. As above don't worry about silver and if investing a nice amount look at legal tender such as sovereigns so you don't get caught out by capital gains.

I use gold as part of a broad portfolio in a 10-15 year investment plan. In this sense I'm hoping to ride out some of the fluctuations in the market.

puk999

I like silver alongside gold. Silver is an investment metal. One great upside is its divisibility. If you want to liquidate only a small bit of your precious metal stack downstream (and you purchased your silver as ounce coins), then they're "easily" sellable. With gold it's harder because you'd be selling gram at a time and you never want to purchase gold in gram form.

Downside to silver is it attracts VAT in UK. Gold is VAT free.

Valcambi, Pamp Suisse and the like command high premiums but if you can sell with the premium included downstream then I suppose it makes no difference. I much prefer stuff like Canadian Maple Leafs or Vienna Philharmonics.