Silver / gold

[Yai]

Can you exchange silver or gold ingots for money in the UK at the current values ? For example in the same way that you'd change two �1 coins for a �2 coin at the bank. If so, where ?

[answerbok]

d'you mean those big jobbies.. agree with Normam Dyson.. or thos little doodads you hang round your neck?.. don't think you'd get a fair price for them or need a certificate. :-)

[Yai]

Well an ounce of Gold is currently worth �220.57 (I think the prices go up and down daily like foreign money exchange rates) so would I be able to exchange a 1 ounce gold bar for that exact amount somewhere ?

[strozzi]

Yes you can cash in 'lumps' of gold.(even in some banks) Have a look at this link which will help you.
http://www.thegoldguide.com/Gold-Bullion.html If you've got a little to spare ............

[ChardCoins]

You could also look at:- http://www.taxfreegold.co.uk for information about gold coins and bars, most of which are now VAT exempt in the UK and EU. Silver is subject to VAT. When you buy and sell, you will pay a margin, but only about the same percentage as banks charge for foreign exchange.