Silbermünzen ⁽¹¹⁹⁾

Silver as an investment

Silver bullion coins today are generally made of fine silver, i.e. pure 999 silver. (Former) circulation coins such as the Austrian silver shillings, on the other hand, have a lower silver content, ranging from 640 silver to 925 silver.

Buying silver coins with differential taxation

Unlike gold, silver is not exempt from VAT in Austria. This means that 20% VAT is payable on the purchase of a new silver coin. However, it is possible to purchase silver coins with differential taxation and thus save some VAT.