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<p>[QUOTE="chrisild, post: 187548, member: 39"]Side note from a non-US perspective: In the EU there is a difference between what is called "investment gold coins" - those are VAT exempt - and other gold coins (sold for "numismatic interest" and subject to VAT). In that sense, investment gold coins are pieces <i>"of a purity equal to or greater than 900 thousandths and minted after 1800, which are or have been legal tender in the country of origin, and are normally sold at a price which does not exceed the open market value of the gold contained in the coins by more than 80 %"</i>.</p><p><br /></p><p>Similarly, when "importing" silver coins to Germany, the VAT rate depends on the metal value of the coin, not on its face value. So in that regard it does not matter whether the nominal value of a silver or gold coin is unusually high or low ...</p><p><br /></p><p>Christian[/QUOTE]</p><p><br /></p>
[QUOTE="chrisild, post: 187548, member: 39"]Side note from a non-US perspective: In the EU there is a difference between what is called "investment gold coins" - those are VAT exempt - and other gold coins (sold for "numismatic interest" and subject to VAT). In that sense, investment gold coins are pieces [i]"of a purity equal to or greater than 900 thousandths and minted after 1800, which are or have been legal tender in the country of origin, and are normally sold at a price which does not exceed the open market value of the gold contained in the coins by more than 80 %"[/i]. Similarly, when "importing" silver coins to Germany, the VAT rate depends on the metal value of the coin, not on its face value. So in that regard it does not matter whether the nominal value of a silver or gold coin is unusually high or low ... Christian[/QUOTE]
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