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RE: Buying Silver Antiques At Depressed Prices
That's a nice purchase! If you hold onto them for a little while, I think your investment will pay off purely based on the silver spot price :)
Have you per-ordered a 2018 Steem round by the way? I was about to buy a few of them, but realized that it would get pretty expensive since they don't have a face value, and I would need to pay MVA and "fortollingsgebyr" on the package, so I had to only get one.
Thanks! Yes, I pre-ordered some rounds. Given the fact that Steem has appreciated a lot since then, the freight cost and the MVA you mentioned, they are going to be very expensive rounds:)
First of all , a great post for someone like myself who just got into silver. I should proberbly scroll down but wanted to comment on the steem rounds your speaking of.. there are official rounds made every year?
Im well interested in where this place is to get things like this, TAX FREE! im there, I knew there must be a way to get silver without paying some imaginary man made tax!
They look lovely also, alot of skill there, and from london :)
There are three ways to do it in Norway:
pick something up from the second-hand market cheaply (the VAT has already been paid by the first hand - the second-hand-price may of course be affected by the "artificially" high first-hand-price, but in Norway generally spoken, second-hand-stuff comes fairly cheap).
buy coins with a face value, those are considered legal tender (currency) and hence without any VAT.
buy it from another country where it's possible to buy silver without VAT, and smuggle it into Norway. Now this is illegal, it would be illegal for me to advice doing so, but it definitively belongs to the list on "how to avoid paying taxes" :-) Well, you can do it legally - buy your stash abroad in a country where they don't have VAT and leave it there. Also, within some limits one can buy things abroad and take it to Norway without having to declare it (8000 NOK? I don't remember).
Yeah, it became pretty expensive. I'm definitely sticking to buying silver with face value in the future, because rounds make very little financial sense when living in Norway. But of course I must make an exception for the Steem round :)