Buying Gold and Silver in Germany
Germany is a federal parliamentary republic located in the central-western Europe, being also the most populous among all the EU countries. It is the second most popular immigration destination in the world, right after the US. The country's capital is Berlin and its other major cities are Hamburg, Frankfurt, Munich, Stuttgart, Cologne, and Düsseldorf.
Germany is a founding member of the European Union and Eurozone. Among all the EU countries, Germany has the largest national economy, ranking fourth in the world by nominal GDP. It is also the third largest exporter in the world, exporting vehicles, electronic products, chemical goods, machinery, pharmaceuticals, electrical equipment, transport equipment, basic metals, rubber and plastic, and food products. Germany is abundant in iron ores, timber, salt, uranium, potash, nickel, copper, and natural gas. 99% of German companies belong to the German “Mittelstand” which refers to 'small and medium-sized enterprises'. Moreover, some of the leading companies on the globe are located in Germany - Volkswagen, Daimler, Allianz, BMW, BASF, Siemens, E.ON, Munich Re, and RWE.
Besides, as one of the top international locations for trade fairs, over two-thirds of the world’s major trade fairs also take place in this country. Germany is a favored location for precious metal businesses and storage facilities. The country hosts renowned coin shops, which sell European, World, and German coins, as well as prestigious companies that offer safe haven storage for investors. Some of the most popular coin shows in the world are also held in Germany.
Commodity & Futures Markets in Germany
Deutsche Börse AG
Deutsche Börse was founded in 1993 and is headquartered in Frankfurt. It is a marketplace organizer for shares and other securities which also provides transaction services. Deutsche Börse gives companies and investors access to the global capital market. In October 2014, it became the 14th announced member of United Nations Sustainable Stock Exchanges initiative. Deutsche Börse has locations in Germany, Switzerland, Luxemburg, Spain, Czech Republic, and representative offices in London, Paris, Dubai, Being, Hong Kong, Chicago, and New York.
The Eurex Exchange has its headquarters near Frankfurt am Main. It is operated by Eurex Frankfurt AG and Eurex Zurich AG, which are public companies owned by the above-mentioned Deutsche Borse AG. Eurex Exchange is the largest futures and options market in Europe, trading a large variety of products - from German and Swiss debt instruments to European stock indexes, as well as various stock indexes. The Eurex Clearing clears all the transactions made through the Eurex Exchange, functioning as a central counterparty (CCP) for multi-asset class clearing for the entire product range mentioned above and also for all the over-the-counter traded products. In terms of contract volumes, Eurex Exchange was named the world’s third largest derivatives exchange in 2015, according to the Futures Industry Association’s annual survey.
Coin Shows in Germany:
Coin collecting is a highly popular hobby prevalent around the world. You can witness the passion for it as more and more coin enthusiasts are traveling to different states and countries to attend famous national and international coin shows. Germany hosts several great numismatic events which shall be attended by collectors and dealers from all around the globe. If you are planning to visit Germany soon, or if you want to see some coin shows outside the US, take a look at the most popular German coin shows listed below.
This is one of the most popular coin shows in the world held for over 45 years. The World Money Fair is a 3-day event which is graced by some of the most popular international mints and refiners, leading precious metal dealers, top numismatists, coin enthusiasts, and manufacturers who produce technical machinery and equipment for the precious metals minting and refining industry. This numismatic event is visited by around 10,000 – 15,000 visitors from around the world. The mints explain and display the coin minting process and present coins and bullion products that they produce. You have the chance to buy, sell, and trade various coins ranging from world coins, rare coins, ancient coins, modern coins, and many more. Apart from coins, at this show, you will also view new publications, historical bonds and shares, literature, medals, supplies, and machinery. Each year, a different country is selected as the guest of honor. The entrance fees are: Day ticket – 9 Euro, Full event ticket – 16 Euro, and Reduced day ticket for teenagers 16-18 years, students, disabled persons – 6 Euro. The show hours are Friday 10 am – 6 pm, Saturday 10 am – 6 pm, and Sunday 10 am – 4 pm.
This coin show is organized twice a year, in February and September, and features hundreds of traders from Germany, as well as neighboring countries. This numismatic event is attended by wholesalers, retailers, private collectors, and newcomers also. Coin dealers trade, sell, buy, and exchange various coins and other numismatic related items at this show. However, its main focus are coins which range from antique to modern coins, providing a unique platform for collectors of historical and contemporary coins. Apart from coins, the show also showcases medals, stamps, telephone cards, and old toys. The event also offers detailed information about numismatics, being a great opportunity for traders and coin enthusiasts to develop contacts with foreign dealers and numismatists.
Numismata is regarded as an evergreen among coin fairs and has been organized during the last 50 years in different cities of Germany, as well as Austria. This is an annual and globally popular coin show attended by more than 150 international dealers from several countries. To make it easy for exhibitors and visitors to interact with each other, the fair also offers English, Russian, and German translation services. The MOC Munich has an exhibition area of 30,000 square meters, which will be filled with traders, collectors, and investors during this fair. Grading services will also be present at the venue. You can witness a variety of items on display at this event, ranging from ancient to contemporary. Visitors have the opportunity to purchase Euro coins, precious metals, medals, banknotes, primitive money, historical securities and shares, and historical means of payments and artifacts. This is a two-day event and the entrance fees are: 2-day ticket is 12 Euros, Single day ticket is 8 Euros, a ticket from groups of at least 10 persons and members of numismatic associations is 6 Euros, while the entrance for children under 16 is free. The show hours are Saturday 9:30 am – 5:30 pm and Sunday 9:30 am – 3 pm.
Government and Private Mints in Germany:State Mints of Baden-Wuerttemberg Reichenhaller Straße 58, 70372 Stuttgart, Germany Phone: +49 711 / 50941-0
The State Mints of Baden-Wuerttemberg is a merger of two historical mints: the Stuttgart Mint, founded in 1374, and the Karlsruhe Mint, founded in 1827. The merger happened in 1998. Although the two mints work together, each of them kept their individual identification letters: “F” for Stuttgart and “G” for Karlsruhe. The organization serves Germany, as well as other countries - the Latvian government has chosen this mint to produce its Euro coins. It manufactures and sells coins and medals bearing the “Made in Germany” seal. It is specialized in producing legal tender coins, high-value collector and commemorative coins, and a wide variety of medals, and also provides all customer-specific forms of packaging like rolls, pouches, cardboard boxes, attractive coin sets, etc. All the coinage products stroke at this mint have a superior level of artistic quality and craftsmanship as the mint uses innovative technologies and its staff is well-trained and knowledgeable. The State Mints of Baden-Wuerttemberg is renowned for offering environmental friendly state-of-the-art coinage products.Bavarian Central Mint Zamdorfer Str. 92, 81677 München, Germany Phone +49 89 9926900
The Bavarian Mint is one of the four mints among the German State Mints. It is an 800-year-old mint and one of the oldest companies in Munich. The Bavarian Mint has adopted new methods and technologies in order to have strict quality control during the production and completion of its products. For this reason, this distinguished mint has an impeccable reputation thanks to its high-quality products, including circulation and collector coins. 21% of the German circulation coins are currently minted at the Bavarian Mint. The mint's identification letter is “D” and it was adopted in 1871. The Bavarian Mint serves the State of Bavaria but it also does business with Bavarian public authorities and administration by manufacturing collector coins, medals, and seals for them. The superior quality also applies to its seals and medals.Staatliche Münze Berlin State Coin Berlin, Ollenhauerstr. 97, 13403 Berlin, Germany
This Mint is also among the four German State Mints and has been in operation since 1750 CE, during the reign of Frederic II of Prussia. It is one of the oldest functioning companies in Berlin. The mint incorporates state-of-the-art production machines and its experienced artists bring to life remarkable designs through their superior craftsmanship. The company is optimally adapted to cater to the needs and requirements of its various customers, such as the Latvian Government, for which the mint strikes legal tender coin carrying the "A" identification letter.Hamburgische Münze Neue Münze 19, D-22145 Hamburg, Germany Phone: +49 40-428 416-910
Also, one of the four German State Mints and is located in the city of Hamburg. The earliest coins produced by this mint date back to 834 CE, which makes it the oldest functioning mint in Germany today. Still, the company uses modern equipment and maintains a superior quality standard. The identification letter for this mint is “J” which can be seen in coins produced since 1875 CE. Apart from striking legal tender coins, the mint also produces collector coins and medals.Mayer's Mint GmbH Germany Spichernstr. 35, D-75172 Pforzheim, Germany Phone number + 49 7231/ 28 46 50
This German private mint has been in the coinage industry for a very long period. Its exceptionally skilled craftsmen and their high-quality work made the mint highly reputable. The mint uses the latest technologies to issue products of superior quality, which range from legal tender coins to commemorative coins, medals, and other precious metal products carrying beautiful designs with a timeless appeal.Geiger Edelmetalle Mint Address: Osterwiesenstr. 35/2, D-73574 Iggingen, Germany Phone +49 (34206) 6949 – 0
This mint is a family owned business which has its corporate head office located near Leipzig, in the Schloss Güldengossa building that was built in 1720. Their Noah’s Ark silver bullion coin is produced for the Central Bank of Armenia and is a legal tender coin in Armenia. The mint also strikes a variety of silver bars which are secured with hi-tech anti-counterfeit techniques. Apart from these products, the company also produces themed-bars like the American Silver Star. The mint amalgamated its excellent craftsmanship with modern and up-to-date technologies to produce amazing, superior quality products for which they are worldwide renowned.
International Bullion Depositories in Germany:
When investing in precious metals, safeguarding your valuables is a crucial factor. Sensing the difficulty that investors have in storing and safeguarding their bullion investments, many large precious metal companies offer safe and secure storage solutions in different places around the world. Germany is one of the top spots for investors with large holdings who are looking to spread their investments among several countries. There are many international companies which offer precious metals storage in Germany.
Bullion Exchanges in partnership with Malca-Amit and several other gold bullion storage companies offers allocated, pool allocated and unallocated storage in Germany in high-tech, secure vaults with top-notch 24/7 control and surveillance. Just contact us and we will provide you the safest and most convenient way to store your precious metals in Germany.Loomis International (DE) GmbH Seinestrasse 3, DE-65479 Raunheim, Germany Phone: +49 61 42 17 71-0
Loomis International is a favored company for storing gold and other precious metals. It has partnerships with international precious metal dealers and offers various precious metals storage options for their clients. Loomis provides secure storage facility in countries like Singapore, Hong Kong, Germany, and many more. The locations of the German bullion depositories of the company meet the strictest world class security requirements. Secure storage, complete anonymity, and easy accessibility make Loomis a leading precious metals facility. Apart from offering segregated storage, the company also offers a cost effective solution - open customs warehouse for clients who intend to sell their valuables overseas or may need to successively import them.
Vaults and Bullion Depositories in Germany:
Germany is one of the most economically stable countries in the world, being regarded as a safe place for storing precious metal holdings. Besides international bullion storage options, there are also local companies which offer precious metals vaults where you can securely store your items. So, if you want to buy and store gold in Germany, take a look at the below Germany vault options.Degussa Gold Trading GmbH Fasanenstraße 70, 10719 Berlin, Germany +49 30 8872838-0
Although Degussa is a German company, it has a strong global presence with offices in numerous popular international locations. It offers secure storage for precious metals in Degussa warehouse, Degussa custom warehouse, and lockers in selected Degussa branches. This precious metals facility is outside the banking system, hence many bullion buyers opt for Degussa to safely store their valuables in its warehouses. The stored valuables are fully insured. The locker facilities are available in a few branches and have a state-of-the-art security. Only the client or a client's official representative can access the locker during the open hours.EMS Werteinlagerung e.K. In den Tieräckern 7, 89520 Heidenheim, Germany +49 7321 – 94 700
The company offers lockers to store all types of valuables such as precious metals, documents, paintings, jewelry, backup copies, etc. Lockers are offered in 3 different sizes, but the company also provides custom storage for items bigger than the largest locker. The vault's space provides high security, qualifying under the European and VDS standards for burglar protection, and is also air-conditioned, thereby facilitating the storage of sensitive art objects.Geiger Edelmetalle GMBH Osterwiesenstr. 35/2, D-73574 Iggingen, Germany +49 34297 9869-20
This online bullion dealer also provides precious metals storage facilities in fully insured and secure safety deposit boxes. The storage is discreet and the client has easy access to it during the open hours. The company offers safety deposit boxes in Guldengossa and in the South Germany Branch. The safety deposit boxes' rental fees per year vary based on the box's size.Goldkontor Hamburg GmbH Kontorhaus Bergstraße, Bergstraße 16, 20095 Hamburg, Germany +49 40 306 059 910
The company offers precious metals storage in the PROSEGUR high-security security facility in Hamburg. The benefits of storing with this company are high security, no minimum storage value, nationwide delivery, and quick access for clients to their stored precious metals.Hanseatisches Münz- und Edelmetallkontor (HAMEKO) Störtebeker Haus, Süderstraße 288, 20537 Hamburg, Germany +49 40 25799-400
This Hamburg-based company with 40 years of experience has around 1000 lockers of 6 different sizes. The company is free from the banking system hence it provides completely discreet and anonymous storage facility for its clients. Lockers are secured according to high safety standards, including VDS certification. Advantages of renting a locker here are personal support offered by knowledgeable employees, complete anonymity, and high security.Service & Meetingpoint Saxenwald (SMS) Betriebs GmbH Am Ladenzentrum 6b, 21465 Reinbek, Germany +49 40 – 60 94 61 4 55
They offer precious metal storage facility which is bank-independent, discreet, and completely safe. High technology systems, such as access using biometric data, have been incorporated to enhance the security of this storage facility. Easy access available 360 days a year.
Tax on Precious Metals and Shipping to rates in Germany:
In most countries, precious metals bullion is subject to taxation due to its high economic value. The bullion tax on precious metals in Germany is 19% (the country’s VAT), except for the acquisition or import of specific gold bullion items, which are tax-free across the entire European Union. According to the EU law, “investment gold” is exempted from the existing bullion tax, and it refers to a) gold bars or wafers (with weights accepted by the bullion market) of a purity greater than .995 and b) gold coins which are at least .900 pure, are minted after 1800, have been or are legal tender in their country of origin, and are sold at a price which doesn’t exceed by more than 80% the open market value of their gold content. However, silver, platinum, and palladium bullion items are still subject to VAT, so you should keep in this mind when investing in precious metals in Germany.
Since we are not tax experts, Bullion Exchanges strongly advises you to cross check with a tax professional before making any precious metals investments in Germany.
Local Gold and Silver Dealers in Germany:1. Alexander Kistner Address: Wettersteinstr 34, 90471, Nuernberg, Germany Phone number +49 911 4792491 Services: Retail, Buying and Estate Liquidation, and Appraisals. Specialties: Modern Coins, Nickel Coinage, Commemoratives, World Coins, and Tokens/Medals.
Smelters & Refineries in Germany:
Smelters extract various metals from the ore and create refined precious metals products. Silver and gold smelting is typically conducted by a professional precious metals refinery, such as Bullion Exchanges. Germany also has numerous plants where refining silver and gold are performed. Pick a gold or silver refinery listed below or allow us to help you in melting gold or silver for you:IGR Germany Otto-Hahn-Straße 58, 63303 Dreieich, Germany +49 6103 8038420AVALUXE International GmbH Benno-Strauß-Str. 13, D-90763 Fuerth +49 911 641 551 100City-Mint Munzhandelsgesellschaft MBH Bahnhofplatz 2, 80335 München, GermanySims Recycling Solutions Im Weiherfeld 25, Ginsheim-Gustavsburg, 65462, Germany +49 6134 95827-0Hensel Recycling GmbH Mühlweg 10, 63743 Aschaffenburg, Germany +49 6028 1209-0Leipziger Edelmetallverarbeitung Stromstraße 6, 04571 Espenhain, Germany +49 34206 77664100Allgemeine Gold und Silberscheideanstalt AG 75175 Pforzheim, Germany Germany +49 7231 960-0Umicore Galvanotechnik GmbH Klarenbergstrasse 53-79 73525 Schwäbisch Gmünd | Germany +49 7171 607-01C.HAFNER GmbH + Co. KG Maybachstraße 4, 71299 Wimsheim, Germany +49 7044 903330Heimerle + Meule GmbH Dennigstraße 16, 75179 Pforzheim, Germany +49 7231 9400Degussa Goldhandel GmbH Freiburger Straße 12, 75179 Pforzheim +49 7231 – 58795-0