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  • Prioksky 1 kg Silver Bars VAT Free Storage Zurich Switzerland
  • Prioksky 1 kg Silver Bars VAT Free Storage Zurich Switzerland
Premium
From £68.00
Intrinsic Value
£707.06
Stock status
In Stock
Product ID
13290

VAT Free Silver 1 Kg Bar Prioksky - Loco Zurich

These VAT Free Silver 1 Kg Bar Prioksky - Loco Zurich are stored in a bonded warehouse in Zurich, Switzerland and intended for investors looking for long-term bullion storage. The silver bars come from Prioksky PNFM, a refinery based in Russia.

  • Manufactured by Prioksky PNFM (Prioksky Non-Ferrous Metals Plant)
  • Storage Location: Zurich, Switzerland
  • 9999 fine silver
  • Contains 32.1510 troy ounces of the precious metal
  • VAT free
  • Weight: 1kg

Please note this product is intended to be sold as a 'storage only' item and is not a cost-effective option should you ever wish to take delivery. Costs to take delivery or collect will include handling fees, custom clearance charges and even tax liabilities.

To purchase silver kilo bars for delivery, please see our new kilo silver bars and our pre-owned kilo silver bars. Click on this link to view our VAT free silver range.

£777.06

(Zero Rated)
Totals are approximate until metal prices are confirmed on the next LBMA fix.

Quantity Breaks

More Info

Terms & Delivery

Quantity Breaks
Quantity Premium Total
1
£70.00
£777.06

Price Per Item:
£777.06

Est UK Delivery
£11.00
5
£69.50
£3,882.80

Price Per Item:
£776.56

Est UK Delivery
£28.60
10
£69.00
£7,760.60

Price Per Item:
£776.06

Est UK Delivery
£46.20
25
£68.50
£19,389.00

Price Per Item:
£775.56

Est UK Delivery
£79.80
50+
£68.00
£38,753.00

Price Per Item:
£775.06

Est UK Delivery
£148.60
More Info

Prioksky Plant for Non-Ferrous Metals

The Prioksky Non-Ferrous Metals Plant has its headquarters in the Prioksky District, near the city of Kasimov, which is approximately 185 miles east of Moscow. It is fully owned by the Federal Agency of Property Control on behalf of the Russian Government.

The company was established in the former USSR in 1989 and received LBMA accreditation in 1999. It had previously manufactured London good delivery bars as a Soviet/Russian state refinery between 1991 and 1997.

Good Delivery Status

The LBMA suspended Prioksky PNFM from its Good Delivery List in the wake of the Russian invasion of Ukraine in 2022. The LBMA have stated existing material produced while Prioksky was on the list will still be considered Good Delivery, as per Section 1.4 of their Good Delivery Rules.

Who Owns the Silver Bars?

Simply put, you do. We often find that there is considerable confusion around the ownership of metals which are stored in our vaults or overseas. We have seen a number of comments on social media saying "if you don't hold it, you don't own it", however this saying is more applicable to "paper silver" as opposed to vaulted metals. Paper silver in the form of ETFs (Exchange-Traded Funds), futures contracts etc., are claims to future silver purchases, so in those instances, you don't own the metal, you merely own a claim to it. With vaulted storage, your purchased products are physically stored in real vaults, with the silver belonging to you.

Specification

MetalSilver
Weight / Size1 Kilogram
Silver Weight Troy Ounces32.151
Fineness / Carat0.999 Fine
Mint / BrandPrioksky
Terms & Delivery

Terms of Sale - Key Points

You can find more information on payment and identification requirements.

Bullion coins are provided as is and on occasion may have some minor scratches or edge knocks. These are not regarded as faulty or damaged goods as their precious metal content and value as a bullion coin is not affected. Any coin sold for a value less than a 180% intrinsic is considered a bullion coin.

Gold investment products are VAT free. Silver investment products are inclusive of VAT at the current rate unless otherwise stated.

All investment products are based on the live precious metal price. Prices will be fixed once the item has been added to the basket and recalculates just before checking out. 

If your product is not a graded coin and is considered a bullion item, it should be noted that these are bought and sold on low premiums over their precious metal content and not solely for aesthetic purposes; therefore, some products may have edge knocks and/or marks. These edge knocks and marks do not alter the specifications of the coins.

Please note that all investment products are exempt from the Consumer Contracts (Information, Cancellation and Additional Charges) Regulations 2013 and therefore customers do not have the right to cancel their order once the order has been accepted. If customers no longer wish to go ahead with their investment purchase, there is an option to sell the products back to Chard (1964) Ltd instead. View our current buy back prices.

View our full Terms & Conditions.

Delivery Information

We aim to dispatch orders within 48 hours of receiving cleared funds. Our standard delivery methods are as follows.

Orders over £60 - Fully Insured Delivery.

  • Within the UK and BFPO - Next day fully insured and tracked. Delivery starts from £6. 

Orders under £60

  • Within the UK and BFPO - Royal Mail 2nd Class. Your order will normally arrive within 2-3 working days. Delivery starts from £3.50.

If you wish to have your order sent by an alternative method (e.g., Saturday Guaranteed) please contact +441253343081 for more information. Please note, we will not dispatch high value orders over a bank holiday weekend.

For international delivery, please check with your local customs office for more information on custom duty and taxes.

Full delivery information can be found by clicking here.

Postal Insurance

We offer fully insured delivery on all special delivery options. We do need to pass on the cost of this insurance as it soon adds up shipping high value gold and silver products. 

  • Orders under £1500 there is no additional fee.
  • Orders over £1500 we charge a fee in order to cover the increasing costs of insurance. For every £1500 we apply a £1 fee. 

If you require any assistance, please do not hesitate to call the showroom on +441253343081 and one of our team can discuss your purchase.