Frequently Asked Questions

Why buy bullion?

Gold and silver bullion is a tangible store of your hard earned wealth. Over time it keeps its value against other commodities, where as paper currencies tend to de-value against the commodities, especially when money creation (printing, quantitive easing (QE) etc) takes place.

Will I make money on my investment into bullion?

You may or you may not, if you only measure your profit in paper currency, however you are protecting you wealth against inflation - even the HMRC in their VAT document on gold, recognize gold as a traditional hedge against inflation.

Can I sell my bullion back when I need some cash?

Yes most certainly, we will buy back recognized and verified bullion products at 97% of the metal price on the day, and we will always purchase back our own commissioned bullion products; the silver & gold roses, at 97% of the metal price on the day. Once bullion is verified we will pay the agreed price by bank transfer or cheque

Can I collect my purchase from your London office?

Yes you can collect, by appointment only and only after payment has cleared in our account. No bullion is kept at the office so we normally require at least one days notice for collection.

Do I have to provide identification to purchase from you?

Paying by bank transfer will not require any further ID. We may however contact you to confirm some security details.

For gold orders in excess of £5000 in one transaction or £10,000 over 12 months we are required to keep identification to comply with HM Revenue and Customs regulations. We need one photographic identity (passport or drivers licence) and one recent (6 months) utility bill to prove your address. We will copy originals or you can provide certified copies. Certified copies need signing by an authority figure (Member of Clergy, Lawyer, Accountant, Doctor, or Policeman) or you can get the copies certified at the post office for a small fee.

For silver orders none of the above record keeping applies.

Is VAT payable on Bullion Products?

Within the EU silver is subject to VAT (currently 20%). As of the 1st January 2000 throughout the EU investment gold is NOT subject to VAT.

Do you ship outside the UK?

Yes we do ship outside the UK. A price will be supplied on enquiry.