Gold and Silver Buyer’s Guide – France, Europe

I can’t give a comprehensive guide to purchasing bullion in France, and elsewhere in Europe, as I personally haven’t done the leg work myself, but I can point you in the right direction to companies you should check out, and using the knowledge you should have gained from the buyer’s guide, you will be able to judge what is a good deal and what isn’t, and hopefully comment on your findings. :)

What to Buy?

1oz Austrian Philharmonic Unfortunately France, like most countries in Europe, does not mint a 1 troy ounce bullion coin, so for those interested in ounce coins and its denominations, I recommend going for the Central European country of Austria’s Philharmonic gold and silver coin (the gold coins come with face values of 10 to 100 euros, while the silver coin comes with 1.50 euros). Though France has a mint (Monnaie de Paris), it only mints non-bullion collector coins, but France used to mint the 90% gold ‘Napoleon’ in the 19th century. The most popular denomination of the ‘Napoleon’ had a face value of 20 Francs face and weighs 6.45 grams, though the coins ranged from 5 to 100 Francs. It is a popular gold numismatic coin, similar to other old 90% gold coins including the 20 Swiss Francs ‘Helvetia’ (6.45g), 20 Reich Marks (7.97g), 5 Rubles (4.30g), 10 Florins/Guilders (6.72g), 20 US Dollars (33.43g), 50 Mexican Pesos (41.67g) and old 92% gold coins like the British Sovereign (7.99g). Popular silver numismatic coins include the old 90% coins include the 50 Francs ‘Hercule’ (30g) and 100 Francs (15g), old 83.5% coins like the 5 Francs Semeuse (12g), and old 68% coins like the 20 Francs Turin (20g). Popular international 1 oz bullion coins from America, Canada, China, Britain, Australia, and South Africa will be available.

20 Francs French - Napoleon 20 Francs Suisse - Helvetia / Vreneli

When it comes to bullion bars, they will come in sizes ranging from 1 gram to 1 kilo (gold) and 250 gram to 15 kilograms (silver) from local mints like Comptoir Lyon-Alemand, Louyot (CLAL), regional mints like PAMP, Valcambi, Heraeus, Umicore and international mints like the Perth Mint. There are no taxes on the purchase of gold, but its sale is subject to an 8% flat tax (aka Precious Metal tax). The purchase of silver bars are subject to 20% VAT and silver coins are subject to the Precious Metal tax, while the sale of silver is subject to the Precious Metal tax.

French words – gold (Or), silver (Argent), bar/ingot (Lingots/Lingotins)

Gold and Silver Price in France

The spot gold and silver prices in France and throughout the European Union are quoted in Euros and can be viewed in ounces and grams in the live chart below. You can visit Gold4Ex, CPor Devices and Lingot for euro prices of various gold bars, international gold coins, and numismatic gold coins. Boursor has platinum and palladium prices, while Achator-Paris has 14, 18, 22, and 24 carat gold prices.

Where to Buy?

Most of the shops in France for the purchase of gold and silver bullion can be found around rue Vivienne and rue de Richelieu. It can also be purchased over the counter at German and Swiss banks (Credit Suisse).

France

Godot & Fils – 800 119 119 [Mon-Fri 9:30 to 18:30]
Online store for the purchase of gold coins (old and international), gold bars (1g to 1 kilo), silver coins (french and international), and silver bars (250g to 15 kg) and lists both their sale and buy prices.

Bours’Or [Map] 01 4306 1621 | 125 rue de Sèvres, 75006 Paris
Sells gold, silver and platinum bars and coins. Website includes metal prices and prices of popular gold coin.

Achat Et Vente de Metaux Precieux [Map] 01 42 60 64 69 | 204 rue de Rivoli, 75001 Paris
They buy and sell gold bars (50 – 500grams), coins & jewellery, silver bars (1 kilo), coins & silverware, and platinum & palladium products.

Euro Piece d’Or 01 42 96 29 41 | 96 rue richelieu, 75002 Paris
Includes prices of gold and silver bars and coins.

Comptoir d’Or [Map] 01 46 07 49 93 | 150 rue Lafayette, 75010 Paris

Le Comptoir d’Or Reaumur 01 4233 7771 | 87 rue Reaumur, 75002 Paris

Comptoir National de l’Or [alt] 0800 744144 | 10 Avenue de la Grande Armée, 75017 Paris
Contains gold bar and coin prices, related news, and location details of its 40+ sales desks throughout France.

Lutèce Antiquités 01 45 24 29 71 | 114 rue Monge, 75005 Paris

Mister Gold [alt] 01 42 40 00 00 | 11 rue de la Ville l’Evêques, 75008 Paris

Comptoir de l’or du marais 01 42 78 40 28 | 42 rue Pastourelle, 75003 Paris

Comptoir Europeen de l’or 01 42 67 20 63 | 66 rue de Lévis, 75017 Paris

Métaux Précieux France 01 74 57 47 12

Patrimoine Métaux Précieux 01 40 15 04 58 | 66 rue Lévis, 75017 Paris

For more companies in france, you can search through the yellow pages.

Switzerland

Gold Avenue [+41 22 3193888] – PAMP’s online shop with gold, silver, platinum and palladium bullion ingots/wafers/bars, gold pendants (oval, rectangle, round, heart shaped), and international bullion gold coins (maple leaf, krugerrand, nugget, panda, eagle, philharmonic). Prices quoted in Euros include all taxes for the European Union and Gold Avenue, a subsidiary of PAMP, also offers secure safe vaulting services in Geneva.

Valcambi Gold [+31 20 5112818] – Valcambi’s online store offering Valcambi gold bars from 1 gram to 1 kilogram, which can be purchased by wire transfer and shipped by Fedex throughout Europe – Austria, Belgium, Denmark, Finland, France, Germany, Ireland, Italy, Luxembourg, Netherlands, Norway, Portugal, Spain, Switzerland, Sweden, and United Kingdom.

Suisse Gold [+41 41 588 0298] – Offers gold, silver, platinum and palladium coins and bars, payable by wire transfer and deliverable throughout Europe by Fedex. They also offer we offer allocated bullion storage services through ViaMat.

My Swiss Gold – Offers the purchase of 1 and 12.5 kg gold bars and its storage in high security vault in a Swiss private bank.

Euporos [+41 27 566 7172] – Offers the purchase of gold and silver bars and coins and either for them to be delivered to you or stored in a vault in Switzerland.

Belgium

Gold & Forex International [+32 2 550 2163] – GFI is a foreign exchange company deals in numismatic gold coins, gold bars and has minted its own 1 oz clean extraction gold coin called the ‘Vera Valor’.

Germany

Schoeller Münzhandel [+43 1 533 3606] – Coin and precious metals trading company that operates in 36 countries with offices in Vienna, Innsbruck, and Graz. They are an authorized South African Mint dealer.

United States

GoldSilver.com – Mike Maloney’s gold and silver company that delivers throughout Europe, including Australia, Belgium, Denmark, Finland, France, Germany, Hungary, Ireland, Italy, Spain, Sweden, and Switzerland.

APMEX – One of the United States largest online bullion stores, APMEX requires a minimum order of $1,500 for orders in Europe and permits payments by bank wire, checks, and money orders that need to be settled in 5 business days. They currently ship to Germany, Ireland, The Netherlands, Norway, Switzerland, and the UK, but its likely they will facilitate shipments to France as well.

Online

For those wishing to purchase electronic metals, GoldMoney.com is located in Jersey (British Channel Islands) and BullionVault.com is headquartered in London (United Kingdom).

Other Info

Das Safe is an Austrian company that offers safe storage.
The only country that doesn’t tax silver purchases is Estonia.

News

Austria restricts gold purchase by individuals – 14 September 2011
A newly enacted gold policy in Austria that restricts the free purchase of gold by individuals may just be the start of a European policy shift that might border on infringing an individual’s financial freedom. As per the new Austrian policies, individuals who wish to purchase gold will be restricted to purchase only 15,000 Euros worth of gold at a time making gold an officially “restricted” commodity.

France Bans Cash Sales of Gold/Silver over $600 – 26 September 2011
It looks like this trend of restricting the peoples’ ability to acquire assets of real monetary value is expanding. In a recent report from France is accurate, and based on the French governments official web site it looks like it is, then as of September 1, 2011, anyone attempting to sell or purchase ferrous or non-ferrous metals, which includes gold and silver, will be required to pay for their purchase via a credit card or bank wire transfer if it exceeds 450€ (~ $600 USD)
Discussions: Kitcomm, ChrisMartenson

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