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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
Fiji Great Wave Silver: frequently asked questions
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Great Wave silver coins track the silver spot price, currently $65.33 per troy ounce, plus a premium that reflects the coin's collector appeal and limited mintage. BullionFerret tracks several dealers with several listings, so you can compare live offers side by side. The proof-like BU version and the rarer colourised proof typically carry different premiums.
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The Great Wave is a 2017 silver coin issued as Fiji legal tender, contract-minted by Scottsdale Mint in Arizona. Its reverse features a high-relief rendition of Katsushika Hokusai's "The Great Wave off Kanagawa," a famous Japanese woodblock print from the 1830s. Struck in .999 fine silver at 1 troy oz, two versions were produced: a proof-like edition with 50,000 mintage and a colourised proof limited to 2,500. BullionFerret tracks several listings across several dealers.
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As a rule, silver bars carry lower premiums per ounce than rounds or coins because bars require less production complexity and carry no design licensing or collector appeal costs. Rounds like the Great Wave typically trade at a higher premium than generic bars, reflecting design costs and limited mintage. For buyers focused purely on silver content per pound spent, bars are generally the more cost-efficient choice.
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Silver bullion attracts VAT in most major markets. In the UK, silver coins and rounds carry 20% VAT. In Germany, silver is taxed at 19%. Canada applies 0% GST on investment silver. Tax treatment depends on where you buy and whether a margin scheme applies.