Best way to purchase physical silver?

dahayeser

As I type the spot price of an ounce of silver is 22.85 EUR

To purchase a silver 1oz coin from Baird Mint (UK) it will cost you 26.96

https://www.bairdmint.com/products/1oz-silver-britannia-2022-bullion-coin

To make a similar purchase from Goldbank (Ireland) it will cost you Silver 33.45

https://goldbank.ie/silver-coins/

This is a significant difference, why I am not sure, maybe there is no refinery in Ireland? Regardless, paying nearly a third over the spot price by buying locally seems like a bad investment.

After weighing this up I made a small purchase from the UK site but then got hit for additional taxes on importing of close to 20%. I had completed my purchase and only got notified of this through FedEx as my package was about to be delivered. I presume this is down to Brexit.

This pretty much means there is little value to be had in purchasing from Ireland or the UK. I assume a purchase from another EU country wouldn't get hit with import tax. Is that the case? Any recommendations as to where best to purchase? I understand the reputation of the mint also an important factor.

Any advice much appreciated!

IWW2900

How did you get on. Can just buy paper gold\silver.