1 kilo silver bar Germania Mint
1 kilo silver bar Germania Mint
- Securily packaged
- Certified
- Tradable world wide
- Customer rating: 9.7
The 1 kilo silver Cast Bar is a silver bar issued by the Germania Mint. The bar is of excellent quality and consists of 1,000 grams of pure silver. All Cast Bars have a unique serial number that can be read on the bar. The logo of the producer, Germania Mint is also featured.
Specifications
Physical properties
Net weight
The net weight is determined by multiplying the gross weight with with the purity. |
1 kilo |
Purity and metal type | 99,99% | Silver |
Origin
Meltery | Germania Mint |
Price properties
Selling price | € 1.285,00 (€ 1.061,98 excluding VAT) |
Metal worth | € 944,99 |
Price per gram
The price per gram is determined by dividing the sales price by the net weight. |
€ 1,29 |
Premium
The premium is determined by substracting the metal worth from the sales price. |
€ 340,01 |
Investment score | B-label |
VAT-rate | Taxable Goods |
Information
Silver bar 1 kilo Germania Mint
Germania Mint's 1 kilo silver bar has a length of 114.3 mm, a width of 54 mm and a thickness of 16.7 mm. The silver bar weighs 1000 grams and is cast in 99.99% pure silver. Each bar contains a unique bar number on the front and an identification number on the back. These two numbers allow the bars to be verified at Germania Mint and guarantee authenticity.Germania Mint
The mint Germania Mint was established fairly recently. In 2018, the Germania Mint was founded by the Kurowski Group and the mint is based in Poland. The history of the mint can be traced back to 1986, when Apolinary Kurowski, the father of Szymon Kurowsky (owner of the mint) opened his own coin shop. From this moment on, the mint grew from a family business to a company with 200 employees.Design Germania silver bar of 1 kilo
Obverse
The front of Germania Mint's 1 kilo silver perch features the mint's logo. This logo depicts a wreath and a crown. This wreath surrounds the two-headed eagle in the logo. Below the logo, the name of the mint GERMANIA MINT, the silver content 999.9 FINE SILVER and the weight 1000 G can be found. At the very bottom of the bar is the unique serial number.
Reverse
The reverse side of Germania Mint's 1 kilo silver bar shows a hologram. This hologram shows the Germania Mint logo, along with various watermarks. The hologram also contains an individual identification number. The bar number on the front together with the identification number can be used to verify authenticity at the Germania Mint and this therefore also gives the guarantee of authenticity.
Silver and 21% VAT
Silver is considered a commodity as well as an investment metal. For this reason, silver bars are taxed with 21% VAT, including this 1 kilo silver bar from the Germania Mint. This therefore makes business purchases of silver bars interesting. The silver becomes part of your business assets and you can reclaim the 21% VAT from the tax authorities.As a private individual, you are better off with silver coins or silver coin bars. This is because these products are not regarded as raw materials and fall under the margin scheme. This makes silver coin bars or silver coins more advantageous compared to silver bars as an individual.
Featured
- 1 kilo of pure silver (99.99%)
- Dimensions of the silver bar 114.3 x 54 x 16.7 mm
- Issued by the Germania Mint
- Includes unique bar number and identification number
Price chart
Germania Mint
The Germania Mint is a German manufacturer of precious metals that also specializes in commemorative coins. The coins from Germania Mint are rich in detail. These details set Germania coins apart from others, making them highly sought after by collectors.
The name Germania Mint is derived from the ancient land of Germania. Germania was a historical region that included present-day Germany, Poland, the Czech Republic, Slovakia, Hungary, and Austria. It was once inhabited by around five million people, mainly from Germanic tribes, but the exact origins of Germania remain unclear.
Investment score
This product has a B-label (Common bullion coins and bars). This means that it is a common coin or bar that is easily tradable worldwide. However, a product with this label is more expensive than a product with an A-label, so as an investment in physical gold and silver, this product is not the most cost-effective choice. Examples of coins with a B-label are coins with a lower mintage.
Label informationInvestment score: An A-label means that this is one of our most common products. When purchasing physical precious metals, we advise looking at both the lowest price per gram and the lowest spread. The spread indicates the difference between the buying and selling price. An A-label signifies that this is a favorable choice when buying gold and silver.
Investment score: A B-label means that this is a common coin or bar, which is widely tradable worldwide. However, a product with this label is more expensive than a product with an A-label, so as an investment in physical gold and silver, this product is not the most cost-effective choice.
Investment score: A C-label means that this is a less favorable investment choice compared to a product with a higher investment score. Products with a C-label are considered collectibles.