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What are the group orders all about?
In the UK we have to pay VAT of 20% on silver. However, there are dealers in different countries where the rate of VAT is lower or even 0% (like Estonia where the European Mint are based).
But to take advantage of this 0% rate you would have to pay for international shipping, which often makes it not worthwhile.
In summary the "Group Orders" are a collective buying group and we pool together to share the cost of shipping (more on the prices of this later).
This saves buyers money - which is a good thing!
Monthly Deliveries
One of the negatives to the group orders is that to make them work properly we need to have monthly shipments. This can mean that if you place your order early into a month you might be waiting 4-5 weeks for your silver to arrive.
Rest assured that everything you order will arrive, but it does take extra time.
If you want to have your silver sooner, I would recommend ordering directly and having your order shipped directly to you.
Why are we using The European Mint?
I have been using and working with The European Mint for over 3 years now. I have always found them to be an excellent company and they often have very competitive (if not the cheapest) prices out there. I find the quality of their service to be exemplary.
They do not have as wide a stock variety as some other competitors - but what they do, they do very well indeed.
Thanks also to the channel sponsor The Silver Forum!
A 4k Camera & close ups of coins! What more can you want!?
What do you think? Comment below!
Comments welcome below or email me at byb@backyardbullion.com
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Thanks for watching and I will see you next time!
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