Replies to post #19132 on ***Precious Metals Investors Club***

[SilverEagle]

I'm thinking about selling my 2011 25th anniversary American Silver Eagle PCGS MS70 & PR70 perfect set for $1400 on ebay.
What do you think? Should I keep them as it may become as valuable as 1995-W proof? Its fair market value is above $2,400, and PR70 goes for $30,000. 2011-S MS70 and 2011-P Rev PR70 both have low mintage of only 100,000. Or should I sell them and use that $1400 to buy like 40 ounces of 2013 Silver Britannia?
I am willing to part with the set because I know I can stack more silver, but I certainly don't want to miss the opportunity of holding a rare coin set that can appreciate in value over time...

[SilverEagle]

After doing some DD about the silver market in UK, I found following.

Silver coin (Legal tender) = VAT exempt
Silver coin/bar (non legal tender) = VAT20%
Silver numismatic coin(collector's coin) = VAT5%

*VAT = value added tax, which is equivalent of US sales tax...

Also, in UK, Silver Britannia has a special privilege.
Britannia is CAPITAL GAIN EXEMPT, hence if you live in UK, it's a good idea to stack britannia so you are not liable of the capital gain tax when you sell your silver above $200/oz in near future.