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We Buy
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Prices updated 2 minutes ago
We Buy
We Sell
Popular questions
Can I sell gold and silver bullion back to Tavex?
We would be delighted to purchase your preowned gold and silver. There are a few steps we require you to complete to ensure that the process goes securely.
Shipping Address:
Tavex Gold Ltd
Chinaworks
100 Black Prince Rd
SE1 7SJ
London
Parcel Tracking:
Use Royal Mail Signed for and send us the tracking number via email.
Pricing:
We’ll send you a proforma invoice upon item receipt. Please enclose this form. Alternatively, you can email us the required details when you send the tracking number.
In-Person Option:
If you prefer, you can visit our office. Let us know your preferred consultation time via email: tavex@tavexbullion.co.uk or by phone: (0)20 4541 4145.
Price Offer:
All our buy prices are available online and the price is fixed once we have received the item. If you cannot find the item you wish to sell, then there is a high chance that we do not catalogue it. If so, we will purchase your metals at ‘scrap price’. We reserve the right to buy your metals at this price if they are not suitable for resale.
· Scrap gold is bought at -3% below spot (at the time of receiving)
· Scrap silver is bought at -10% below spot (at the time of receiving)
Required Information:
For transactions:
· Over £8,000 in a year or £5,000 in a single transaction require government issued photograph ID and proof of address.
· Over £50,000 we may require some further information. Please get in contact with us if you expect your sale of metals to exceed this amount.
If you have a question regarding any of this information, then please contact us. We are happy to help!
Which product should I choose?
Bullion is typically classified into two categories, namely bars and coins. A common question that people often have before purchasing bullion is which product is the right one for them. To provide some assistance, there are some important factors to consider when choosing the right product: the lowest price per gram, the global traceability of the product, and the different sizes and values of the product.
In general, larger products tend to have lower margins, so it is recommended to buy a larger quantity of gold at once rather than smaller amounts more frequently. For example, it is advisable to purchase a 10g Gold Bullion Bar once instead of 10 x 1g Gold Bullion Bars. That is due to the cost of minting a bar remaining constant, regardless of the gold price. However, what varies is the price of the minting process compared to the current market price of gold. Furthermore, when selling, the price of gold is always a bit under the spot price, therefore, the closer to the spot price you purchase gold the better.
The following products have the lowest price per gram and are among the most reputable products accepted internationally by banks, private individuals, or other gold traders:
100g Valcambi gold bar (produced by our partner Valcambi SA)
Preorder
1oz British Britannia Gold Coin
CGT EXEMPT
In Stock
50g Valcambi Gold Bullion Bar
Preorder
1oz South African Krugerrand Gold Coin
Out of stock
1oz Austrian Vienna Philharmonic Gold Coin
In Stock
1oz Australian Kangaroo Gold Coin
In Stock
By considering these factors and the recommended products listed above, you can make an informed decision about which gold or silver bullion products to choose. Also, let us know if you have any further questions. Our
Would I need to pay CGT on my purchase?
Capital Gains Tax (CGT) is a tax on the profit when you sell something that’s increased in value. This has to be paid from any profit you make that is larger than the yearly allowance of £6,000 (HMRC.)
All coins produced by the Royal Mint that qualify as British legal currency are exempt from Capital Gains Tax.
See our selection here.
Can someone else pay for my orders?
The client, the payer and the recipient must be the same person, whether you pay by bank transfer or Debit/Credit card.
Can I get a discount when buying in larger quantities?
The prices for bulk purchases are displayed for each product and they are applied automatically. For orders over £50,000, please contact us via phone or e-mail to discuss a tailored offer specifically for you.
Does Tavex offer special prices for resellers?
Tavex is also a wholesaler of precious metals to other retailers. Every contract is tailored only to the individual client. If you are a company that is interested in working as a reseller of Tavex’s products, please contact us via phone or e-mail!
Our Official Partners
We are official partners with the most reliable and trusted mints and refineries. This article offers an overview of the longest and most reliable mints we are honoured to call our partners. Find out more here!
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