1 Kilo Dragon Silver Coin

A Credit Suisse Legacy in Kilo Silver

The 1 Kilo Credit Suisse Dragon silver coin is a scarce product from a brand that no longer exists. Following UBS's 2023 acquisition of Credit Suisse, all Credit Suisse-branded bullion products ceased production permanently. Existing pieces remain fully tradeable investment-grade bullion, their value derived from metal content rather than the issuing bank's operational status. The dragon motif connects this coin to Asian markets where the creature symbolises power, prosperity, and good fortune.

Credit Suisse never manufactured its own bullion. All production was handled by Valcambi SA, an LBMA-accredited Swiss refinery that served as the sole manufacturer from 2003. The dragon design was part of Credit Suisse's specialty range targeting Asian and Chinese markets, where dragon imagery carries deep cultural significance. The .9999 purity (four nines) places this coin at the highest standard of silver fineness commercially available.

As a discontinued product from a defunct brand, the Dragon kilo coin occupies a unique secondary market position. No new examples will ever be produced, creating a fixed supply that cannot be expanded. Multiple dealer sources describe Credit Suisse dragon products as "not often encountered," confirming their relative scarcity even before the brand's cessation. For collectors who value both silver content and provenance from a historically significant Swiss financial institution, this piece bridges bullion investment and financial history.

Credit Suisse Dragon 1 Kilo Details

The .9999 purity distinguishes this coin from most silver bullion, which typically uses the .999 standard. Four-nines silver means 999.9 parts per thousand are pure, with only 0.1 parts of base metal content. This matches the purity standard of the Canadian Maple Leaf and Australian products from the Perth Mint, placing it at the top tier of silver fineness.

Valcambi SA, the actual manufacturer, is one of the world's largest precious metal refiners. Located in Balerna, Switzerland, it holds LBMA Good Delivery accreditation for both gold and silver. The facility processes over 2,000 tonnes of precious metals annually. Credit Suisse products from Valcambi carry the same manufacturing quality as Valcambi-branded products and PAMP Suisse items (PAMP being another Valcambi client).

Tax Treatment for the Credit Suisse Dragon Kilo

The Credit Suisse Dragon kilo is not legal tender in any jurisdiction. It has no face value and no sovereign backing. This affects its tax treatment in countries where legal tender status provides specific exemptions. However, as investment-grade silver at .9999 purity, it meets the metal content thresholds for bullion tax treatment in most jurisdictions.

• United Kingdom: Subject to 20% VAT on purchase as a silver product. Not CGT-exempt (bars and rounds without UK legal tender status are subject to capital gains tax). As a non-legal-tender item, it receives no special treatment beyond what its metal content provides.
• EU: Silver subject to local VAT rates. Investment gold exemptions do not apply to silver. Margin scheme may apply to pre-owned examples in Germany and the Netherlands.
• United States: No federal sales tax. State exemptions for precious metals vary. IRA eligibility is uncertain for non-sovereign bullion, though the .9999 purity exceeds the 99.9% threshold. Confirm with your custodian.
• Canada: GST/HST exempt at 99.9%+ purity for bars, ingots, coins, and wafers. The .9999 purity qualifies.
• Singapore: Silver at 99.9%+ purity in coin or bar form qualifies for IPM GST exemption, but qualifying coins must be on the MAS-approved list. Check current listing status.
• Hong Kong: No sales tax of any kind. No import duty. No capital gains tax. The most favourable jurisdiction for purchasing this coin.
• Switzerland: Subject to 8.1% VAT as silver bullion. The domestic origin (Valcambi) does not provide a VAT exemption for silver.