FourNinesFine

PM'D 😅

Been a while since I've had anything to post on here... 
My 2022 10z TSF bars have arrived and are added to the growing collection 

That looks amazing. I suppose I'll just have to have an actual Kit Kat instead.  Congrats!  👌

That looks amazing. I suppose I'll just have to have an actual Kit Kat instead.  Congrats!  👌

That looks amazing. I suppose I'll just have to have an actual Kit Kat instead.  Congrats!  👌

That looks amazing. I suppose I'll just have to have an actual Kit Kat instead.  Congrats!  👌

That looks amazing. I suppose I'll just have to have an actual Kit Kat instead.  Congrats!  👌

If you don't mind waiting i'd find a a lesser numi coin that hasn't been exploited yet and buy a few of the best examples you can find and wait for the market to catch up. I've kind of done that with old crowns. Bought in at around £200 to £250 worth now double. A chap i meet in leeds a few years ago had a liking for old pennies now he is a expert on the coin and has been very, very sucessful.

It also kills werewolves and cybermen. But your list is better! 

Shocker. Insured yes, but that doesn't make up for the hassle to you or the buyer!  😡

Welcome aboard chum.
 
(Just a little shark-based humour to break the ice.  😁 )

Thanks for the info, and well done on the sale!  Well deserved.

It's more the amount I send up. With postage costs ect. With Silver I send minimum a kilo at a time otherwise the cost I have to pass on would mean no one would buy..more items I sent the lower the cost ect 
Gold I have to submit a different set of paper work. So would need quite a few bits to go at once.
The shell I had no intention of selling but an American customer has snapped it up already so worked out 😃

That's some ex-shell-ent pouring right there. You should conch-ider me a fan!  Joking apart, they look lovely.
I presume from what you say about hallmarking that the price for assaying gold is different from silver then? I presume the process is exactly the same, but a higher service premium on more expensive metal? I know absolutely nothing about the process, just curious as to some of the behind-the-scenes costs.

That's some ex-shell-ent pouring right there. You should conch-ider me a fan!  Joking apart, they look lovely.
I presume from what you say about hallmarking that the price for assaying gold is different from silver then? I presume the process is exactly the same, but a higher service premium on more expensive metal? I know absolutely nothing about the process, just curious as to some of the behind-the-scenes costs.

That's a different way of looking at it. Thanks. 😀

Thanks for all the input and responses. I think this pretty much confirms my initial thinking, so don't expect to see me in the trade section hawking the latest RM special release any time soon.
Cheers folks!
FNF.

agreed, but selling a £1,000.00 item for £1,025.00 is not flipping, thats just getting rid of an item you no longer want 😂

Just my 2ps worth, a two decades worth of feebaying none PM's
there are far, far more profitable and lucrative income streams to be had for way less money involved
why tie up £1000+ in a single item to make £25 ?  
There's tenner items you can sell for twenty sourced from China 
 
 
 
 

Flipping bullion is fairly pointless.  You might as well punt spot gold or whatever takes your fancy  on one of the spread betting sites on your phone 

I find with flipping you need to be patient and spend a lot of time online checking out new releases, different sources of said coins and be prepared to act quickly and spend a bit money, recently the RM have released so many new coins that they are backlogged with getting the orders out quickly, I'm still waiting on a 5oz Henry VII and they bring out the new James I... 
You'll not likely get rich with flipping but it can be a very useful tool to enabling you to grow your stack/collection/whatever you want to call it without having to fund it as flipping a few of one coin/bar can pay for the one you keep, it's catching the market at the right time and finding the coin that will move quickly when selling before the market for said coin dries up..
I said a while back I flipped a good few completers in a very short space of time but i never tried to replicate that with the new TB bullion Lion as I just didnt think it would be a coin worth trying to flip in bulk... esp when it is still readily available (as were completers btw) i just found them at a good price when they were selling for around £70.00 each, now, you'd be daft to pay £70.00 for a completer
Used as a hobby to help you buy more is great, used as an avenue to compliment your income, not so great
I'll flip anything if it can be a good % profit but anything I want to keep for long term will only be moved on as a flip if i am able to source another one from a different avenue that a lot of buyers havnt found, it happens, but not loads..
 

If you're to buy a numismatic collectable piece, then I'd recommend buying what you would enjoy over the years, expect to hold on to and cherish.
If you plan to sell it in the short term, you could end up not having any buyers and locking up your money - or having to sell to a dealer who will give you close to spot price for it.
Buying a numismatic collectable coin isn't necessarily about making money.  If you're buying to sell later on, you may lose money.
Bullion is different and you pay closer to spot price and it keeps track of spot price if and when you're ready to sell.
I suppose you've got to ask yourself what risk are you willing to take and in what circumstances will you need to sell and what could you afford to lose?

Flipping is alien to me, and something that doesn’t appeal.
Personally, I don’t think there is a great deal of much money in it, and it is not scalable.
No one knows what will / will not become more or less valuable but cost price averaging is a sane strategy on bullion coins.