How to buy the same weight of silver in a coin for the cheapest price
Using BullionVault you can buy from as little as 1 gram of silver. Your silver is stored and insured in professional vaults at the lowest wholesale prices in your choice of location.
Comparing silver bars and coins to vaulted silver using BullionVault
|Buying silver, gold & platinum coins||Vaulted silver, gold & platinum using BullionVault|
|Delivery costs often hidden within the price||Your silver in 1,000 oz wholesale bar format is already in the vault so no delivery fees charged|
|Big difference between buy & sell prices (spread)||Tight spread because BullionVault users offer and bid prices to ensure a competitive market price|
|Long delay between deciding to sell a coin or bar, sending it to a dealer and receiving your cash||Sell 24/7 and have proceeds available for withdrawal instantly|
|Shipping & insurance costs to send your coin or bar back when you decide to sell||Your silver is already in the vault so no return shipping fees required|
|Storing coins and bars at home could invalidate your home insurance||Worry free fully insured storage in a professional vault|
|VAT charged on silver & platinum coins and small bars||No VAT or Sales Tax on vaulted silver & platinum saving up to 20% depending on where you live|
|UK users can make their first purchase of silver up to £5,000 using a debit card|
|5*TrustPilot ratings and reviews|
|BullionVault manages $3.8 billion in client property for over 100,000 users|
1,000 oz Good Delivery wholesale silver bars
With BullionVault you buy silver bullion in this large-bar format.
As demonstrated above there is a better way to buy silver than in coin and small bar form. Using BullionVault you can buy AND sell silver at wholesale prices.
Open an account today with just your name, email, username and a password to take advantage of our low commissions that start at 0.5% and fall quickly on larger quantities, meaning you’ll pay a maximum of 1% roundtrip compared to about 30% if you bought and then sold a small bar or coin from a retail dealer.
That wholesale price – also known as the 'spot price' – is the price for buying or selling silver in the form of large, 1,000oz (31.1kg) bullion bars. These large bars are the size and format the professional market deals in. All small bars and coins are made by melting and re-casting these large bars into smaller units.
BullionVault gives you access to the professional market. You buy bullion in this same large-bar format at prices close to the spot price, avoiding the additional manufacturing costs, dealer mark-ups and VAT or sales-tax of buying coins. You don't need to buy a whole bar to benefit from these savings. You can buy from as little as 1 gram and up to a tonne or more.
To see the potential cost savings, compare the online price of any silver coin you're thinking about with the price you would pay for the same amount of silver using BullionVault.