There are many different reasons to buy silver. Some people buy silver as investment whereas other people buy silver because it has been used as money for thousands of years. It is also a good idea to buy silver as an alternative to the fragile current financial system.
There are a number of important issues to consider when you buy silver. Is it better to buy silver coins or silver bars? What precious metals dealer offer the best terms and price when I buy silver? What is a reasonable price when buying silver?
Liberty Silver Estonia offers legal tender silver coins such as Silver Eagles, Silver Maples and Silver Philharmonics. Liberty Silver Estonia can offer silver coins without VAT which means a low silver price in comparison to the spot price of silver when you buy silver from us.
More information about how to buy silver can be found in our FAQ.
Liberty Silver Estonia sells silver coins such as for example Silver Eagles, Silver Maples och Silver Philharmonics. All silver coins sold by Liberty Silver Estonia are legal tender coins which are exempted from VAT. Silver coins are often a better alternative considering an investment in silver. Silver coins have the following advantages compared to silver bars:
- Coins are more suitable in a scenario where precious metals return as money.
- Small units carry higher premiums when shortages appear.
When you buy VAT-free silver coins from Liberty Silver Estonia, you will receive the best type of investment silver to the best price.
You can find more information about silver coins under FAQ.
The silver price is also called the spot price of silver. The silver price is set on the commodity exchanges around the world. The silver price listed on the commodity exchange is different from the silver price for physical bullion silver.
The silver price is the baseline price for silver coins. Silver coins are however traded to a price higher than the silver price. The reason for this is that there is a price premium component added to the silver price. The natural premium is the cost of melting, minting and certifying the silver whereas the market premium is reflecting the shortage of physical silver.
With a fully functional market the silver price on the commodity exchange would be equivalent to the price of physical silver. There is however more paper silver in the form of futures and certificates on the market than there is physical silver. The silver price is thus higher for physical silver.
More information about the silver price can be found in our FAQ.
Welcome to Liberty Silver Estonia
We offer precious metals such as investment gold and investment silver in the form of silver coins without VAT/Sales tax.
You can choose whether to collect your products personally from our collection facility, have the products shipped domestically or book shipping via courier to have the products shipped to your delivery address outside Estonia.
We sell all products in Estonia for legal reasons. This means that you have to book shipping if you would like to have your products shipped abroad. You can choose different shipping companies for this purpose such as for example GBS Logistics or UPS. We have simplified the process by providing you a link to GBS Logistics after you have completed your order.
7 February 2017
Following our appeal, the Swedish tax authority handed over the case over to Swedish court (Förvaltningsrätten) in December 2016 and we are now awaiting the court's decision on the matter. We have not been informed of when the decision can be expected.
22 October 2016
The Swedish tax authority has now issued a claim for VAT against Liberty Silver OÜ.
Liberty Silver OÜ has appealed the claim and the outcome will be decided by Swedish court (Förvaltningsrätten).
We are confident that we will win the case as the tax authority's claim of us shipping items to Sweden is false and there is thus no basis for the Swedish tax auhority to retroactively charge us with VAT.
We will keep you updated on this page as soon as there are any further developments. The Swedish court system is unfortunately rather slow and we do not know currently when the ruling can be expected.
5 September 2016
This is an update in regards to the precautionary measure taken by the Swedish tax authority against Liberty Silver OÜ.
Liberty Silver OÜ has appealed the precautionary measure of the company's bank accounts being frozen. No tax claim has to date been issued against the company by the Swedish tax authority.
We would like to re-emphasize that the arguments brought forward by the tax authority for applying the precautionary measure are false and incorrect. The maximum time frame for the precautionary measure is six months.
28 July 2016
We regret to inform that we temporarily do not accept new orders starting 25 July 2016. The reason is that the Swedish tax authority aggressively based on false and fictitious claims try to hinder us from offering our products to our customers. The harassment this company and other bullion related companies are facing from Swedish authorities are unprecedented and unrighteous. We intend to defend ourselves from these false allegations to the fullest extent possible under law.
Liberty Silver OÜ has since its inception in 2011 abided by all rules and regulations with a perfect track record. The company has been subject to several checks, audits and inspections from different government authorities without any remarks whatsoever.
The Estonian tax authority started an audit against Liberty Silver OÜ 27 March 2014. The audit stretched for more than 2 years, which in itself was exhausting for a small company like Liberty Silver OÜ, but the audit did not provide any reason for concern as we know that we meticulously following all rules and regulations.
The tax audit was concluded on 29 March 2016 without any tax changes or remarks whatsoever.
Following the end of the tax audit, it has become apparent that the Estonian tax authority’s audit was conducted, at least partly, based on a request from the Swedish tax authority.
Contention of the Swedish Tax Authority
The Swedish tax authority has through a so called precautionary measure stated that it intends to file a claim in Swedish court against Liberty Silver OÜ contending that Liberty Silver OÜ should be liable for VAT in Sweden on the basis of Liberty Silver OÜ delivering precious metals to customers in Sweden. As all customers to Liberty Silver OÜ are aware, precious metals sold by Liberty Silver OÜ are delivered in Estonia solely. The customer can choose whether to pick up the products in Estonia themselves or instruct a shipping company to pick up the products on the customer’s behalf. It is and has always been a very strict policy for Liberty Silver OÜ to, without any exceptions whatsoever, only deliver products in Estonia.
The VAT claim against Liberty Silver OÜ has not been filed by the Swedish tax authority yet and Liberty Silver OÜ has thus not been given any opportunity to defend or even respond to the VAT claim.
Despite this, the Swedish tax authority has through the use of a so called precautionary measure had the company’s bank accounts frozen. A precautionary measure is a temporary measure that can only be maintained as long as the precautionary measure isn’t revoked or until the Swedish court has ruled on the VAT taxation matter.
Liberty Silver OÜ will Fight for Justice
The basis for the claim of the precautionary measure of temporarily blocking the company’s bank accounts as filed in court by the Swedish tax authority, which the company was also not allowed to defend before it was carried out, is absolutely horrendous in terms of incorrect, false and directly made up allegations against the company.
Liberty Silver OÜ will fight these outrageous allegations both by appealing the precautionary measure and defend the VAT tax claim. We are confident that we will succeed in defending ourselves from the allegations.
In the meantime, we regret that we cannot take orders and kindly ask for your patience.
Whether this is a concerted effort from Swedish authorities to try to shut down precious metals dealers, we leave up to the reader to form an opinion about. It is however a known fact that Swedish authorities take extremely aggressive actions seeking to hinder the operation of precious metals dealers seemingly not caring about whether their allegations are lawfully fact-based or fictitiously made up.