- Silver coins are legal methods of payment in their issuing countries
- Resold above their face value for numismatic or collection purposes
- Not intended for official payment, nor considered investment gold
- Resale of silver coins may be subject to VAT special regime for used goods, art objects, antiques, and collectibles
- Silver coins classified as collectibles under NC code 9705 00 00
- Customs determines inclusion in Nomenclature Combinada categories
- Customs can provide binding consultation on product classification
- Special regime applies to silver coins if they meet collectible criteria and requirements under Article 135.1 of Law 37/1992
- Otherwise, general tax regime applies
Source: audiconsultores-etlglobal.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
