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<p>[QUOTE=&quot;chrisild, post: 1784976, member: 39&quot;]No problem, and the videos with your comments are a welcome addition. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /> Now as for why the Royal Mint sells them to UK customers only, well, the Canadians and French (possibly others too) have applied similar restrictions before, but I don&#039;t think it has anything to do with VAT.</p><p>&nbsp;</p><p>At least over here (I&#039;m in Germany but I think this is true anywhere in the EU) if a coin is given away at face, there is no VAT involved. Otherwise you couldn&#039;t even get cash from your bank without paying an extra tax, hehe. However, as soon as an issuer (mint, central bank, etc.) charges more than face, VAT is applied to the total. The Royal Mint &quot;charges&quot; £20.00 for a £20 coin? No tax. It wants more? Time for taxes ...</p><p>&nbsp;</p><p>What that dealer said about the intrinsic value (only £8 or so) is true of course - from a bullion collector&#039;s POV. Everybody else who gets such a coin in the UK knows that, while the &quot;silver value&quot; may never exceed the face value, it will always be worth its £20 ...</p><p>&nbsp;</p><p>Christian[/QUOTE]</p><p><br /></p>

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