Brussels pays more for gold than Spain, no ID required

Selling gold in Brussels: 1,190 euros for a Mexican Liberty, 470 euros for a 1901 dollar, no ID check. The unexplained price difference with Spain.

English · Original discussion in Spanish · Published

Selling gold in Brussels: more euros, no identification

A holiday alucinación to Belgium and France revealed a reality impossible in Spain: selling two gold coins in a Brussels shop, receiving new bills, and leaving without an ID check. The author placed a 37.5-gram Mexican Liberty and a 1901 US dollar, highlighting a physical metal market in Brussels operating under different rules.

From Santander to Charleroi: the real cost of selling gold

The journey starts with a low-cost flight from Santander to Charleroi, about 60 kilometers from Brussels. From there, a 22 euro round-alucinación bus takes 40 minutes to the capital. A three-star hotel served as a base to compare prices between two operators: EuroGold and Gold4ex.

This comparison is significant. In Spain, sellers often face a single local buyer. In Brussels, offers concentrate on one street with shops less than 20 meters apart. The author calls it "amazing": shops dedicated exclusively to metal, jewelers, and signs on upper floors.

Gold4ex: an entire building to buy and sell gold

The surprise is Gold4ex, not a shop but a complete gray-facade building with a sign on the first floor. Inside, counters, bulletproof glass, and an employee handing cash to a customer. Seeing the coins, the response is immediate: "You have to go to the first floor." Intercom, second bulletproof door, and elevator to a single counter with several operators.

The process is fast. The employee disappears for three or four minutes—presumably to verify authenticity—and returns with a sticky note with the price per coin. The Mexican Liberty is paid at 1,190 euros, compared to 1,196 on the website. The 1901 dollar, at 470 euros. The seller protests: on his own website, it appears at 469 for worn and around 500 for decent. The response is that the coin is circulated and worn. "Lies," the account states, though he accepts it because he bought it the previous day for 440 euros: 30 euros profit.

Payment arrives in new 50 and 100 euro bills, with an invoice listing only company name, coins sold, and amount. No ID, no identifying data, completely anonymous.

Why does Spain require ID but Brussels does not?

This question looms over the subsequent conversation. In Spain, anti-money laundering regulations require customer identification above certain thresholds. One participant recounts that at Gold4ex they asked for ID, took it to make the invoice, and made him sign a copy as "received goods." Another notes that the shop informed him that identification is required from 2,500 euros.

The difference is not just bureaucratic. Some argue the European framework exempts the Canary Islands from the VAT directive, and the IGIC taxes gold items at 13%. The debate shifts to fiscal asymmetry between territories and suspicion that controls apply unevenly based on transaction volume. A 1,500 euro sale passed without papers; no one guarantees 3,000 euros will.

Belgian public transport that trusts travelers

The most repeated anecdote has nothing to do with gold. The author confesses that Brussels metro has no turnstiles, that he rode without paying the first time because he didn't know where to validate the ticket, and that trams and buses work the same. "There they trust people," he writes, before ironizing: "Put that here and public transport collapses during peak hours."

This observation connects with a underlying current: the feeling that Spain has inverted the burden of proof. "If authorities suspect money laundering, let them prove it," one participant states. The most repeated response appeals to the presumption of innocence and the creation of alternative exchange circuits.

Gold does not beep at Spanish Treasury arches

The conversation shifts to a practical question: do security arches detect gold carried on one's person? One participant recounts his experience at a Treasury office with a pure gold ounce in a chest pocket, metal watch, and silver bracelets: it did not beep. Another tests a 20 Saint Gaudens dollar in his jeans pocket, next to the buckle, and the arch beeps. He removes his watch, belt, and keys. It still beeps. Only when he takes out the coin does it stop.

This episode leaves an uncomfortable conclusion: detection depends on position, arch model, and piece size. There is no certainty. And on this uncertainty, much of the informal metal market is built.



The Belgian operation worked. The numbers add up, anonymity was maintained, and the modest profit justified the detour. What does not close is the fundamental question: if the price difference and lack of controls are real, why does the Spanish market continue to operate under different rules? No one in the conversation gives an answer that withstands scrutiny.

Summary of a discussion on Burbuja.info - Foro de economía, actualidad y política., translated from Spanish and reviewed before publication. Read the full discussion (175 replies).

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