Monument Metals
Prices are fetched automatically and may not reflect current merchant prices. Currency conversions and tax treatment are approximate. Rankings are based solely on price. We are not a dealer and accept no responsibility for transactions with listed merchants. Past performance is not indicative of future results. This site does not provide investment advice. Full disclaimer
1.5 oz Silver Coin: frequently asked questions
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The cheapest 1.5 oz silver coin tracked on this page is $100.40, available from Monument Metals. That price reflects roughly 2.1% over the $65.79 silver spot price, covering the coin's .999 fine silver content plus the dealer's fabrication and distribution costs.
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Dealers on this page are currently charging around 2.1% over the $65.79 silver spot price. Premiums on silver coins at this weight tend to be higher than on larger bars because the per-unit fabrication cost is spread over less metal. Comparing dealers is the most direct way to find the keenest price.
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Tax treatment varies by country. In the UK, silver coins are subject to 20% VAT on purchase, and gains on sale are subject to Capital Gains Tax at 18% or 24% above the annual £3,000 allowance. In Canada, investment silver is GST-free (0%), and 50% of any capital gain is included in taxable income. US capital gains on silver are taxed at the collectibles rate of up to 28%.
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2 dealers on BullionFerret currently list 1.5 oz silver coins, with 2 individual listings tracked. Comparing across dealers is worth doing at this weight, as premiums and stock availability can differ significantly between retailers.