bump

bump

bump

bump

bump

bump

FLASH SALE - FOR 72HRS 

Item: 1oz / 24 carat Gold Bullion Bars – Baird Mint

Quantity available:  2 in capsules. Sold individually.

Bar Ref: T04660 / T05202

Item Price:  £Spot + 2% + £9.85 postage each   For the next 72hrs these bars will be £1500 each delivered.(Fri/Sat/Sun).

To order:  Please direct message me to confirm your desire to purchase along with the bar reference you desire. If the bar you request is no longer available, you will be notified and given the option to take the remaining bar.

Order confirmation and dispatch / tracking details will be provided upon receipt of payment in full.

Box/COA: In protective capsule. 

Condition notes: These are bullion bars and will show some minor marks/scratches, as with all bullion there may be slight marks. Inspection shows no signs of tarnish or milk spots. Please review pictures as they form part of the item description and show the condition. Sold as seen please review pictures as returns / refunds are not accepted.

Item Location: UK

Shipping: Buyer assumes the risk of shipping. Items will be sent £9.85 P&P Royal Mail Special Delivery fully insured. All tracking and reference details will be provided to buyer.

Shipping destinations: Will ship to Major UK Royal Mail postal locations only.

Payment Terms: Payment in advance via by bank transfer in GBP only. Transfer details will be provided to purchaser upon confirming order.

Dispatch Time: Aim to dispatch within 24hrs of receiving payment in full (weekends exception). Full tracking and insurance details will be provided.

Refunds / Returns: All Sales are final, and refunds / returns are not accepted.

Photos: 

bump

Price reduced - £1790 each plus postage £9.85.

bump

Item has now been sold.

you need to DM me to confirm you wish to purchase and for details to be exchanged. I can post in the morning.

example as of now - £1,598.69 + postage

spot +1% At time of confirming desire to purchase postage is £9.85 fully insured special delivery.

Item: 1oz / 24 carat Gold Bullion Bar – Baird Mint

Quantity available: 1 in capsules.

Sold individually.

Sold as seen please review pictures as returns / refunds are not accepted.

To order:  Please direct message me to confirm your desire to purchase.

Order confirmation and dispatch details will be provided upon receipt of payment in full.

Box/COA: In protective capsule. 

Condition notes: Good - These are bullion bars and will show some minor marks/scratches. As with all bullion there may be slight marks. Inspection shows no signs of tarnish or milk spots. Please review pictures as they form part of the item description and condition.

Coin Price: Spot £GBP + 1% + postage.

Item Location: UK

Shipping: Buyer assumes risk of shipping. Items will be sent £ £9.85 P&P Royal Mail Special Delivery fully insured. All tracking and reference details will be provided to buyer.

Shipping destinations: Will ship to Major UK Royal Mail postal locations only.

Payment Terms: Payment by bank transfer in GBP only. Details will be provided to purchaser upon confirming order.

Dispatch Time: Aim to dispatch within 24hrs of receiving payment in full (weekends exception). Full tracking and insurance details will be provided.

Refunds / Returns: All Sales are final, and refunds / returns are not accepted.
 

4 hours ago, Hunter87 said:

Usually I will just check out 

http://goldprice.eu5.net/#

Hey, Hunter87 thanks for the link. Great reference piece. I'll use this myself going forward.

I'm in agreement with Pete and HighlandTiger over the collectables. You struggle to recover the inflated prices on them and in my opinion they are just scams from the mints to make more money. 

They are for true collectors hobby enthusiasts not stackers.

I see Proofs etc on here with scratches and dings and still asking for the inflated price. In my view if a proof has any marks or scrapes at all its no longer a proof but rather bullion and price should reflect this.

Modern day collectables are for the hobby enthusiast as it will take a couple of hundred years before they reach a status to enable recovery of the initial outlay with a profit. Rarity and condition are what drive the price and you wont see that in modern day items.   

Don't misunderstand me some of the items out there are very desirable aesthetically and I have partaken in the Libertads as I love the design but they are my personal / emotional buy and wont ever be sold. As a means to profit and hedge against fiat currency they just don't make the grade....

I crave the US Eagles in Gold and Silver along with the Buffalo but again not a stacking item due to high premiums.

I have also noticed that people struggle to sell on Krugs so I'm a strict Britannia and QB stacker. Keep it to local mintage that is easily traded and recognised. 

5 hours ago, Pete said:

A long term stacker !!
Did you follow the herd and buy during the peaks in 2011 ?
Sadly I bought a lot - things were at a fever pitch and coins were selling on eBay the moment they were listed.
At the time you had to pay full VAT buying from the likes of CoinInvest but the German rate of VAT was low ( 7 or 9% ? - cannot recall ) so I bought mainly from German dealers.
I saw my "investment" crash but luckily I wasn't relying on this to pay the bills.
Fortunately I also managed to buy when silver was low and by selling some of this have kind of cancelled some, but not all, of the book value losses.
GS.be and the European Mint have been super but only if you bought sufficient to amortise the shipping.
GS.be also allow you to build up multiple orders to have shipped as a single lot but I wonder how things will look in the new year.
Maybe this is an opportunity for a future branch GS.ie as it may take decades so sort out trade outside of the EU.

Hi Pete,

I was all gold back then in 2007 £350-750 an ounce or there about. Stopped buying in 2010 and then sold in 2011 when it started to slide. So didn't catch the top but did make a good profit. Didn't start buying again with profits until 2013/2014 and continued since.

I didn't appreciate value of silver back then so only started buying silver from end 2014 when I saw the rise from 2011. Stacked it since.

I've stopped stacking silver now as I want to see the next level breach before I commit more. There could be a major pull back to 14/15 and if so then I'll dip in again but got enough for now. Definitely a great time to be in silver if you bought low. If silver shows huge potential to continue into the triple figures then I'll be driving over to EuropeanMint once we are out of the EU.

I'm bullish on gold and will continue to stack (its my pension). My silver will be the quick one off win as you only see these cycles once every 20 years and they are fast. Gold hedges against inflation for me as pension pots are worthless and just a con.

Pete,

Great response and detail. I also stack Silver and use the EuropeanMint to get it VAT free but I wonder how many out there don't know about these kind of benefits. Yes, its far to ship and you need a lot of faith and trust with your first buy but all my shipments have been without issue and a lot cheaper than the UK VAT man...

Yes, new to the Forum but I've been stacking since 2007 mainly through my gut feeling that something wasn't quite right with the economy...and boom it went. I've always held a stack since then. More so now for a retirement plan. That's why I look more from price than collectable stance. Trying to get the best bang for my buck.

Wow, 

Great feedback from everyone. Some very valid points raised in regard to collectors wanting to source dates or types. In terms of additional examples I would say the 1/10oz, 1oz and 1/4oz Britannia which I can routinely buy cheaper from Bullion By Post and they aren't cheap. QB's are also high on here from what I have seen and many are scratched. My purchases from main dealers have been in fantastic uncirculated condition with no scratches or dings (maybe I've been lucky?).

In terms of time taken I personally took about 30hrs when starting out to check out the various dealer sites for both trustworthiness and value for money. After that initial outlay of time I had established a base of reputable dealers with best prices and now it only takes me minutes to scan and make a choice (when I have the cash).

Tn21 I have noticed that you offer value prices unfortunately I've only seen your items after pay day so haven't been able to make a buy yet...

Clockpuncher, Good point raised on the market sets the price in that sellers will resort to reductions when things don't move. I have seen this quite a bit which leads me to the ethics question in regard to sellers...surely they know they are asking to much? 

Hi All,

From the activity I have seen on this site I'll assume that this is going to be an ouch topic for most but I still feel it needs to be highlighted.

Buyers - How much effort do you put into finding the best price for your gold or silver?

I'm guessing not too much from some of the prices I see you paying on here. 

Sellers - How much effort do you put into reviewing market levels before posting your prices? Again I'm thinking maybe not too much effort due to the excessive levels I see.

Not all, but most prices I see here are above market rates and I invariably find that I can buy cheaper at Baird Mint and in better condition. An example being new 2020 sovereigns are cheaper than old ones listed on here.

Auctions are another one that baffles me as people start bidding significantly over market levels for generic bullion. I can understand when It is something special and unique, such as BYB, as even I will bid to win something that I desire, but generic bullion, really?

So, I'm curious to understand why buyers are willing to pay more when they can get it at a lower price and why sellers are willing to ask more than high street levels?

Standby for the flack.....