Silver kilo coins
Australia's Perth Mint has minted several kilo coins in pure silver, including the Kookaburra, Koala and Lunar. These are impressive coins with a diameter of no less than 100mm struck in 99.9% pure silver. The kilo coins are particularly popular in Europe as an alternative to silver bars that have to be taxed with 21% VAT. These coins are also popular among collectors because the design of the coin is changed every year.
Buy kilo coins
1-kilogram silver coins are primarily issued by the Perth Mint. This mint offers various collector series such as the Koala, Lunar, and Kookaburra.
Each series features an annual new silver kilo variant with a design that changes annually to showcase a unique theme. This makes these coins popular not only among investors but also among collectors.
Silver kilo coins or bars
If you wish to invest a larger amount in silver, you can do so by purchasing 1-kilogram silver coins, silver coin bars, or silver bars.
As an individual investor, it is advisable to buy 1-kilogram silver coins. Silver coins are exempt from VAT and fall under the margin scheme. The margin scheme means that VAT is only calculated on our profit margin. In contrast, silver bars are subject to the full 21% VAT, making them less attractive.
Another advantage of buying silver kilo coins is the higher buyback guarantee compared to silver bars. When you sell them in the future, you will receive a significantly higher price for silver coins compared to silver bars.
If you wish to buy silver for business purposes, we recommend choosing silver bars. This is because you can reclaim the VAT on silver bars from the tax authorities. You can find more information about VAT on our page regarding the taxation aspects of purchasing gold and silver.
Invest in silver kilo coins
Buying silver kilo coins is an excellent way to diversify your portfolio and secure tangible assets. These substantial silver coins offer a combination of high intrinsic value and collectible value, making them a favorite choice among both investors and collectors.
Most frequently asked questions about silver kilo coins
Which mints produce 1-kilogram silver coins?
Several well-known mints produce 1-kilogram silver coins, including the Perth Mint, Royal Canadian Mint, and the Royal Mint.
Are 1-kilogram silver coins a good investment?
1-kilogram silver coins are considered a good investment due to their silver content and the reputation of the mints that produce them. Additionally, these coins are often issued in limited editions, which adds collectible value.
Should you buy silver bars or 1-kilogram silver coins?
1-kilogram silver coins are an excellent option for individuals looking to invest in larger quantities of silver. Unlike silver bars, which are subject to a 21% VAT, silver coins are traded under the margin scheme, making them more tax-efficient.
How are 1-kilogram silver coins packaged?
1-kilogram silver coins are typically packaged in protective capsules to prevent damage. Some coins also come with a certificate of authenticity and a presentation box.
Can I sell my 1-kilogram silver coin?
Yes, you can sell your 1-kilogram silver coin with us. We offer a fixed percentage of the current silver price for your silver coins. You can see our current offer price here.
How many troy ounces are in one kilogram?
One kilogram contains 32.1507466 troy ounces, and one troy ounce is equivalent to 31.1034768 grams.