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Prices updated 9 minutes ago
Gold
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, 110 Hatton Garden, London, EC1N 8LY
Parcel Tracking:
Use Royal Mail Signed for and send us the tracking number via email.
Pricing:
We’ll send you a pro forma 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 a reduced price. We reserve the right to buy your metals at the prices advertised if they are not suitable for resale.
Gold:
- ALL uncatalogued bars are bought at -2% below spot.
- ALL uncatalogued British coins are bought at -1% below spot.
- ALL uncatalogued international coins are bought at -2% below spot.
Any bars or coins that are unsuitable for resale will be bought at -3%.
Silver:
- ALL uncatalogued bars are bought at -5% below spot.
- ALL uncatalogued British coins are bought at -2% below spot.
- ALL uncatalogued bars international coins are bought at -5% below spot.
Any bars or coins that are unsuitable for resale will be bought at -10%.
Required Information:
For transactions:
· Over £8,000 in a year or £5,000 in a single transaction require a 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!
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 £3,000 (HMRC.)
All coins produced by the Royal Mint that qualify as British legal currency are exempt from Capital Gains Tax.
See our selection here.
What payment options do you accept?
Tavex accepts the following payment methods for online orders:
- Bank transfers
- Debit and Credit Cards
We accept Visa and Mastercard as forms of payment, however, unfortunately we are unable to accept American Express credit cards. We are also unable to accept cash or personal cheques. Please note that the payer and the recipient of goods must be the same person.
Please be advised that if you make a bank transfer at the weekend or on a Bank/Public Holiday then it will not be reconciled until the following working day.
We are also able to accept bank transfers in other major currencies. If you wish to make a payment in other currencies, please e-mail us at tavex@tavexbullion.co.uk or call +44 (0)20 4541 4145
Orders are dispatched only after the funds have been cleared.
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!
Is delivery outside the United Kingdom possible?
Shipping abroad is possible. If you wish to have your products delivered outside the United Kingdom, please contact us prior to placing an order on +44 (0)20 4541 4145 or by email at tavex@tavexbullion.co.uk.
If you’d like to have items shipped to a country where Tavex currently already operates then we advise you to purchase directly from your selected country and Tavex office. Contact information can be found here.
If you have any other questions, please do not hesitate to give us a call on +44 (0)20 4541 4145 or write us an email at tavex@tavexbullion.co.uk.
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)
1oz British Britannia Gold Coin
50g Valcambi Gold Bullion Bar
1oz South African Krugerrand Gold Coin
1oz Austrian Vienna Philharmonic Gold Coin
1oz Australian Kangaroo Gold Coin
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
How will my item(s) be delivered?
1. Delivery
1.1 After we have received your payment and verification, if necessary, we will despatch your order within 24 hours on weekdays. Delivery time is usually within 24 hours from the point of despatch. We are not liable for exceptions to this service or delays caused by industrial action or unforeseen circumstance, e.g., severe weather conditions.
1.2 For all domestic orders below £50,000 we will ship your item(s) using Royal Mail Special Delivery by 1pm. Parcels will be charged at £5 each. For orders between £10,000-£50,000 we will ship your items in separate parcels of no more than £10,000 each.
1.3 For all domestic orders below £50,000 and over 10kg we will ship your item(s) using Royal Mail 1st Class Signed For. Parcels will be charged at £7.50 each. For orders between £10,000-£50,000 we will ship your items in separate parcels of no more than £10,000 each.
1.4 For all domestic orders over £50,000 we will organise a personalised courier service. Please select ‘self-pick-up from office’ when checking out. Prices vary based on location. We will contact you via email or phone to organise logistics.
2. Pick-up
2.1 You are welcome to come and claim your goods in person once you have paid. Please bring a valid photograph ID so that we can verify your identity.
2.2 Please take into consideration that the client, the payer and the recipient must be the same person.
3. Insurance
3.1 The package is always fully insured, and in the extremely unlikely case that the package is lost during delivery, we will re-ship the items or refund your money.
3.2 Please be advised that if you believe your items to have been damaged, we will require photographic evidence in order to submit a claim to the courier. The investigation can take up to 2 months, depending on the circumstances.
4. Packaging
4.1 The products are encased in protective wrapping and placed in a discreet, unbranded padded envelope.
5. Shipment Tracking
5.1 Once the products have been packaged you will receive a tracking number to the email you enter during the purchase process. If you placed your order by 3pm and have not received your tracking number by 6pm the same day, please get in contact with our customer support. The quickest way to reach us is to write to us on instant messenger or ring us on +44 (0)20 4541 4145.
6. Delays
6.1 Should a delivery delay occur or if the ordered product is out of stock, we will always contact you by email or phone to provide an update.
