One of Tavex’s core values is to provide products with competitive prices and low margins. This ensures that the products are also available to the wider public. Tavex is part of the Tavex Group which operates in 11 countries. We operate for example in in Denmark, Sweden, Norway, Finland, Poland, Bulgaria, Estonia, Latvia, Poland, Romania and Hungary. The Group is Northern Europe’s largest dealer of precious metals.
In addition to that, we partner directly with globally established investment gold and silver producers. Producers who supply us with gold bars are Valcambi (producer of one of our most popular products 100g Valcambi investment gold bar). Also PAMP who supplies us 100g PAMP investment gold bar.
Austrian Mint is a supplier of the 1 oz Austrian Philharmonic Gold Coin, which is an investment product which has gained popularity among our European customers. The Austrian Philharmoniker is a pure gold (24 karat/999) investment gold coin. The producer of this coin is Austrian Mint and the face value of the coin is 100 euros.
The Perth Mint is a supplier of the 1 oz Australian Kangaroo Gold Coin, which is an investment product with one of the most competitive margins. China Great Wall Coins Investments is also a significant supplier.
It is due to these reasons we are able to offer competitive prices and low margins on our products.
Many of us are really not aware which type of gold there exist and what exactly does Tavex buy and sell. It happens quite often that we receive inquiries with a question what is investment gold. We try to provide with clarification below. It is actually a legal term in EU. If gold items meet the criteria enacted in the law, then as a general rule these products are not subject to VAT. This means that trading this type of gold is more attractive to consumers. In EU investment gold can be a bar or a coin. For a gold bar to qualify as investment gold, it must have a very high purity (99.9%). For gold coins the purity threshold is lower. Gold coin must be as a minimum with 90% purity.
The EU VAT directive is implemented into the domestic legislation in all member states, herein the Hungarian VAT law.
You can read more about the purity of gold bars and coins HERE. Please do not hesitate to call or write us if you have more questions about our products, herein their purity. You can find information about each product’s purity on the product page. You should click on “Details” tab for this data to appear.
Unfortunately it is not possible to order the products with the stock status ‘arrival unknown’ in our webshop. To have up-to-date information, please contact us via phone or e-mail about a possible order of such items.
The client, the payer and the recipient must be the same person, whether you pay by bank transfer, debit/credit card or cash. You can read more about our payment conditions HERE.
Tavex Group was founded in 1991 and it has firmly established itself as a leading precious metals and banknote dealer in Northern Europe, serving on average 1.9 million clients annually.View more