Importing silver coins and customs duty question

Adamisconfused

Could someone clarify whether the importation of legal tender silver coins from outside the EU are exempt from VAT for the full value of the silver itself?
I am importing twenty one dollar and five dollar silver maple leaf coins from Canada and was trying to find information on whether Irish customs charge on the real price of the silver or the face value of the coin. The real value of the silver is €334. I have done the same when I was in the UK and only paid for the face value, but am unsure of the regulations here.
These coins are legal tender in Canada. For example, you could pay $25 for the coin, but it is only worth the face value in a shop, e.g. $1.

I assume the following from the revenue website is not relevant to coins.
"In Ireland all items of gold, silver or platinum manufactured in or imported into Ireland irrespective of their origin are subject to compulsory assay and hallmarking."
http://www.revenue.ie/en/customs/prohibitions-restrictions/imports-non-eu.pdf

dudara

Moved to Collectibles & Antiques - they might know the answer there

dudara

Thoie

My opinion has no legal basis, but if I were you I'd be inclined to go with the €10,000 limit for leaving/entering the EU as it's cash by the definition of that regulation.