Characteristics of silver coins:
- Condition: GOOD DELIVERY
- Gross weight: 31.12g
- Fineness: 999.7 ‰
- Diameter: 40.00mm
- Thickness: 2.63mm
- Premium: 20%
With VeraCash®, silver is mutualised, i.e. the coins are converted to grams and fully allocated to purchases made on the platform. A customer therefore owns grams of silver split between different coins held in our vaults. VeraCash® guarantees 100% physical counterparty on purchases of silver.
Buy silver online
VeraCash® gives you the ability to buy physical silver online simply, securely and digitally. You can buy or sell silver at spot price + 20%. This premium of 20% includes the cost of manufacture and logistics and takes account of the volume of trades in Vera Silver throughout the world. VeraCash® converts your euros into grams of physical silver. Storage in our ultra-secure vaults at the Geneva Free Ports is free of charge.
4 simple steps to buy your first grams of silver
Less than 5 minutes: that’s how long it takes to create an account in the VeraCash® app or on our website. There’s no subscription, no minimum income or minimum deposit required and, above all, no paperwork to complete. You will just need to confirm your identity, gain full access to your account and receive your payment card.
3. Credit distribution
5. Debit distribution
1. Fill out your personal information
Fill out the registration form with your personal information to generate: a username, a login ID, and choose a four-digit password. Make sure to remember these, as you will need them to sign in to your VeraCash® account later.
Once you have registered, you can complete your profile at My Account > My information.
2. Submit the required documents
VeraCash® is an official agent of the financial institution PFS Card Services (Ireland) Limited (PCSIL). As such, we need to verify that you are indeed the person you claim to be, so VeraCash® will ask you for : a legible copy of your official identification, a proof of address and and a copy of any document showing your bank account number.
You can take photos of these documents on your mobile phone and upload them to our website or—even more easily—via our app.
3. Manage your distribution
Your distribution is set to 100% GoldSpot by default, meaning you will only buy GoldSpot when you top up your account. Want to buy other assets? No problem. Simply go to My Account > My distribution and choose your personal distribution between gold, silver and diamonds.
Tip: You can change your distribution at any time between purchases.
4. Top-up to buy precious metals
Ready to top up your account? Great! You will need to make your first deposit by sending a bank transfer* to your personal VeraCash® IBAN. No minimum amount is required and, once this transfer is processed, you will soon be able to top up by bank card. Tip: interbank processing can take up to 72 hours, so credit your account as soon as you can – even if it’s just by EUR 10!
* Funds transferred to your VeraCash® account must come from a bank account held by the VeraCash® account holder. Funds cannot be accepted directly from third parties at this point.
5. Spend however you like
Save or spend your precious metals, the choice is yours! Here too, you have complete control over your debit distribution, i.e. the material that will be used when you make a payment or withdrawal by card, or even if you transfer VRC to another member.
Silver: a true currency
Paradoxically, silver has been somewhat neglected in the world of precious metals, whilst it is more popular than gold in terms of usage. Its physical properties have made it one of the best metal currencies since the dawn of time. Due to the cost of raw materials, the value of a silver coin is lower than a gold coin. For centuries, people have been using silver almost every day for trading purposes. Silver has the same protective qualities as gold but at a lower cost.How to invest in silver?
A unique coin
The Vera Silver is an ounce of silver designed in France with around 800,000 coins produced. Each stage of its creation – engraving, shaping, striking, polishing, cleaning – is carried out following a meticulous process in order to guarantee the fineness of the finished coin. The coining of the Vera Silver is carried out by a number of prominent European coin-makers, suppliers to prestigious brands.
A guarantee of security
The Gibraltar and Zanzibar Vera Silver coins are the first silver investment coins in the world to each be given a unique reference, the first of their kind. This reference is a guarantee of authenticity, made possible by the use of a numbered Prooftag™ Bubble Tag, which makes forgery impossible. Each Vera Silver also has its own QR code and a Max Secure label, which records the coin in two separate databases.