Frequently Asked Questions
Are there any items not listed in the catalogue?
We do not have any items in stock, but you can buy gold bars weighing 250, 500, 1000 grams to order, as well as discuss with a consultant the possibility of delivery of specific coins and bars you are interested in.
How confidential is a transaction with Money Express?
Transactions are completely confidential, and when buying gold up to 50 grams (up to €3,000), you don't even need to register your personal details. Gold is not a type of financial operations that you have to report to anyone, it is not subject to declaration and state registration within the EU.
Can I pay cash?
Yes, you can buy bars and coins in one of our branches and pay in cash, but the amount of the transaction must not exceed €7200 according to the law. If the amount is higher, part of the payment can be made by bank transfer.
Why do I need to provide an identification code?
We must ensure that the person receiving the gold is the customer. This way your purchase will not be received by an unauthorised person. Your personal data is secure, we guarantee your safety.
Why are Money Express prices so low?
We make the minimum markup on gold, and we are partners of the largest financial organisations and services, which allow us to carry out transactions without losses. Therefore, we offer the best gold prices on the Latvian and Estonian market.
Does Money Express provide buy-backs?
Yes, you can sell your purchased bars and coins to us at any time. At the same time, we buy back not only those coins and bars that were purchased from us, but also any other coins and bars, as well as scrap precious metals.
How to determine the authenticity of investment gold?
The original packaging of coins and bars contains unique markings that can be verified on the manufacturer's website. Breach of the package integrity reduces the value of the product.
Are there discounts for buying several products?
Yes, we offer special pricing for coin and bullion purchases of 10 units or more. You can always call a consultant to determine the best terms for your transaction.
Do I have to pay capital gains tax when buying gold?
Profit is the difference between buying and selling gold, you will have to pay income tax when selling your bars and coins according to the Law of the Republic of Latvia " Personal Income Tax".
Is investment gold exempt from VAT?
Investment gold has been sold VAT-free since 1 January 2000 within the EU, including Latvia and Estonia.