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Starting a bullion dealer / Wholesellers in Europe


TomasPMG

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Hey everyone,

I am long time collector and precious metal investor and for a quite a time thinking about starting my own bullion / numismatics shop as a side business. I have two questions,

1) do you have any tips, tricks or experience willing to share? some good read?

2) any tips for good resellers in Europe? I am having a hard time to find someone with good prices and normal shipping terms

Thanks a lot!

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Take a close look at GS.be and see if you reckon you can compete.
Maybe take a look at Aurinum, SilvertoGo, Heubach, EMK and CoinInvest at the same time.
There are others within the EU so could be challenging to make a business now.

If you are thinking of selling bullion silver as a side business consider shipping costs to the UK for small orders; that could win you orders. One way of doing this, I think, would be to have a facility in the UK holding stock and shipping but have them ordered and invoiced with your EU registered business utilising the differential VAT scheme. A UK bank account with commercial exchange rates would help.

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