We compare the real, all-in cost of silver across trusted UK dealers, and we never blend the three ways silver is taxed into one number. Real prices, in-stock and verified, not sold-out headline rates. No jargon. We are not owned by a dealer and nobody pays us for a better ranking.
Tell us your budget and we’ll show which UK dealer gives you the most silver for your money, including VAT, the dealer’s cut and delivery.
Current silver price £
How to read this. We compare every dealer on one consistent basis: the price each one advertises for the size you need, with VAT and delivery added. Dealers also discount for buying more, and those quantity prices are not reflected here, so your final basket may differ. A few dealers block automated price checks, so their figure is the last one we read rather than today’s: every row shows the date, and anything we cannot recheck within a week drops off the table entirely. Our ranking is guidance on who looks best value today, not a recommendation. Always check the price on the dealer’s own site before you buy. How we work this out.
Physical bullion only. Unregulated. The value of silver can go down as well as up.
Three steps. No spreadsheets, no sales calls.
Brand new silver carries 20% VAT on top. Second-hand silver is taxed only on the dealer’s profit, so it genuinely costs less and is still delivered to your door. Silver kept in a vault has no VAT while it stays there, and 20% is due if you bring it home. Read our guide to the tax.
We add VAT, the dealer’s cut and every delivery charge we can read from the dealer’s own site. Where a dealer only sets delivery at checkout we mark the row + delivery rather than pretend it is free.
Head to the dealer that's cheapest for you. We never handle your money or your metal.
A quick at-a-glance table. Use the tool above to compare for your budget.
The cheapest brand-new 1oz silver coin at each UK dealer we track, with delivery and 20% VAT included. Ranked by what you actually pay per ounce regardless of CGT status. Use our search tool to find all coins with no CGT to pay.
| # | Dealer | Product | Price | Dealer’s cut | Checked |
|---|---|---|---|---|---|
| 1 | Chards | CGT Exempt 1 oz Silver Coin Best Value (New) NO CGT TO PAY | £48.58 | +27.8% | 2 Nov |
| 2 | Tavex UK | Tavex is proud to present the the 1oz British Britannia Silver Bullion Coin 2027, the flag NO CGT TO PAY | £50.69 | +33.3% | 2 Nov |
| 3 | ATS Bullion | One Ounce Silver Coin Best Price | £51.72 | +36.0% | 27 Oct |
| 4 | The Gold Bullion Company | Featured Product: 2026 1oz Silver Britannia Coin | The Royal Mint NO CGT TO PAY | £52.68 | +38.6% | 27 Oct |
| 5 | Hatton Garden Metals | 1 Oz Silver Canadian Maple Leaf - Wildlife Series | £53.63 | +41.1% | 2 Nov |
| 6 | Atkinsons Bullion | 2026 UK The Royal Arms 1oz Silver Coin NO CGT TO PAY | £54.13 | +42.4% | 2 Nov |
| 7 | Bleyer Bullion | 1oz Silver Khanda Round (dealer lists £45.58 ex-VAT; £54.70 delivered) | £54.70 | +43.9% | 2 Nov |
Cheapest here is Chards at £48.58 an ounce. That is not always the best buy: a coin with no Capital Gains Tax to pay can be worth more than a small price edge, and second-hand or vault-stored silver may cost less again. How we work these out.
The things dealers don’t always put on the sticker.
The big one, and the reason silver is not gold. Brand new silver carries 20% VAT on top. Second-hand silver is taxed only on the dealer’s profit rather than the whole price, so it genuinely costs less. Silver left in a vault has no VAT for now, but taking it home later means paying it.
Every dealer adds a markup on top of the silver price. After VAT it is the biggest cost and the main thing we compare, a smaller cut means more silver for your money.
Most dealers deliver free and fully insured. A few charge a small fee, and we include it in the price where they do.
Good news: UK dealers can’t add a surcharge for paying by a personal debit or credit card (banned since 2018), so card and bank transfer usually cost the same. A few give a small discount for bank transfer on large orders.
Only if you choose to store your silver with the dealer instead of having it delivered. A yearly fee, shown separately. Note that vault-stored silver is storage by definition, and taking it home later adds 20% VAT.
What the dealer pays if you sell it back. The gap below the market price is your real cost for a round trip.
Most have none, but some only give free delivery or storage above a set amount.
Enter your budget in the comparison tool above and we rank UK dealers by the real all-in cost of silver, including VAT, the dealer's cut and delivery, so you can see which one gives you the most actual silver for your money. Choose how the silver is taxed first, because a brand-new delivered price and a vault-stored price are not the same offer.
Yes. Unlike investment gold, silver is not VAT exempt. New silver carries 20% VAT on top of the price. Two routes cost less. Second-hand silver (dealers call this the margin scheme) is taxed only on the dealer’s profit rather than the whole price. Silver kept in a vault has no VAT while it stays there, and 20% becomes due if you ever bring it home.
It depends which kind. Second-hand silver is genuinely cheaper, delivered to your door, and the lower price is the price you pay. Vault-stored silver only looks cheaper: the moment you have it delivered, 20% VAT is due on what it is worth that day. Our VAT guide explains the difference.
A 1kg bar almost always carries a smaller dealer’s cut per ounce than 1oz coins or bars, so for the same spend you end up with more silver. The catch is the ticket price: you need enough budget to afford a whole bar. Our tool ranks small budgets on 1oz and larger budgets on 1kg, and tells you when crossing over would get you more metal.
It is the amount a dealer charges above the silver price itself, covering making the coin or bar, handling it and their own profit. On silver that cut is proportionally much bigger than on gold, because making a coin costs about the same either way while the metal inside a silver one is worth far less. A smaller cut means more silver for your money.
You may owe Capital Gains Tax on any profit when you sell, but UK legal tender coins such as the Silver Britannia are free of it entirely. Foreign silver coins and silver bars are not. VAT applies either way. This is information, not tax advice.
Yes. We rank the cheapest item each dealer genuinely has in stock and ready to buy. We deliberately skip out-of-stock and sold-out “from” prices that look cheap but cannot actually be purchased, so the price you see is a real one you can act on.
Physical bullion is unregulated: it sits outside the Financial Conduct Authority and is not covered by the FSCS or the Financial Ombudsman Service. That does not make it unsafe, but it means buying from established, reputable dealers matters. We only rank dealers whose live prices we can verify.
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