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Posts posted by modofantasma
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3 hours ago, matt1r said:
Did anyone pick anything up? I remembered last minute and got a sovereign for £370 so not too bad with the x25 nectar and 1.1% tcb.
What would the nectar points be worth on that?
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2 minutes ago, James32 said:
@Orpster meet @modofantasma 😅
We talked. Spot has come down quite a bit since then hey @Orpster? 😏
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- jultorsk, Petra, Happypanda88 and 5 others
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There is still demand but for me, I've been focusing on gold. It seems some of the members on the forum are doing similar.
Ultimately, whilst it wasn't your actual question, the thing that will determine 'which was best' gold or silver is the price you come to sell at. Maybe paying 50% premium above spot will work out ok in the end if silver doubles and gold 'only' goes up by 30% for eg -
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6 minutes ago, darkninja1985 said:
Got myself a 2002 sovereign courtesy of
You'll not see me part with sovs very often but happy to help 👍🏼
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2 minutes ago, LawrenceChard said:
I'm just about to polish one up for you!
😀
Wire brush and a tin of Brasso will do the trick.
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A question @LawrenceChard
With inflation, operating costs for many businesses and individuals rise, are we likely to see increasing premiums on coins generally as buyers, as dealers are met with higher bills?
If a dealer has a 5% spread say on £100k of sales today, their £5k margin would be covering less bills and expenses than it did in the past. I appreciate if gold price rises then selling the same oz of gold (call it 280 sovs) today might be keeping up with inflation automatically?
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I'd rather loose coins (or a basic capsule) but makes a nicer presentation for a gift etc all packaged up. I'd pay a pound or two more perhaps but not 15
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Good to be able to filter certain forum areas out. I think that people should be able to talk about and post anything in the relevant sections I'm just hear to look at shiny coins 🧐
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Made my first purchase from the mint directly yesterday. Seems like a faff having to deposit money in the wallet then pay from that compared to just being able to pay like a normal dealer. We will see how long it takes to arrive. I can see why that payment style combined with queing would put people off using them and that's without considering the amount of people I've heard having issues with proof coins (mostly the silver ones) recently.
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Welcome aboard 👍🏼
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I think after a while you get a feel for what prices are normal.
When I'm buying, whilst price is important I'd usually wait for certain sellers or dealers to sell unless it's a particular coin. Just easier than setting up a new payee etc. I might ignore a single sov from a new seller that's £5 cheaper than a bunch of nice ones from one of the established dealers on here.
As an occasional seller I always try to price items I sell below a dealers price, I'll check 2 or 3 to make sure but sometimes a dealer will have a sale the next day. If there isn't much info I might check eBay prices or search the forum for recent sales
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Another ebay Nectar Bonus Points offer!
in General Precious Metals
Posted
Not bad then. I don't have either but next time I'll get a family member to hook me up 😂👍🏼