KitchenCollector

1 hour ago, Chronos said:

Helicopter carrying Iranian president crashed:

https://www.bbc.com/news/articles/cv22311qx21o

Hopefully just an accident and not some Israeli operation as this will escalate really quickly ...

Gold to spike tommorow?

It just so happens I'll be in the vicinity of Hatton Garden with potentially heavy pockets so... asking for a friend.

Will be withdrawn shortly. Last bump.

Sold

At this rate, I'm half tempted to buy back all the gold I sold the other week and make a (very) small profit.

If I was in buying mode, I'd be backing up the proverbial truck.

Next up is my only silver, a 2020 Royal Arms 10oz coin. £320 + £8.95 special delivery. It came stright from the Royal Mint and has never left the capsule it came in.

I don't think this is of sufficient high value to bother with an intermediary. If you want to buy this one, you will have to place trust in me.

If you have extensive (50+) and unblemished forum trading feedback, I will consider sending for approval before payment. Please do not be offended if I do not consider your current feedback extensive enough.

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

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

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

Payment Terms: Payment by bank transfer in GBP

Box/COA: In airtite capsule. 

Condition notes:  Came to me in a capsule. I can’t see any visible marks with my naked eye. Capsule has light scuffs. Please look at photographs carefully and if you want more photographs, please ask.

Item Location: UK

Shipping: Buyer assumes risk of shipping. Items will be sent via Royal Mail Special Delivery fully insured. All tracking and reference details will be provided to buyer. Coins will be shipped individually to remain within insurance value limits.

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

Dispatch Time: I aim to dispatch as soon as possible, which will be same or next working day after receiving full payment.

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

Thanks for looking.

On 21/04/2024 at 08:53, bluemoon said:

Would also be interesting to hear if it triggers an investigation.

It hasn't. I received payment Monday evening and money has been coming and going from my account as usual. I used a chunk of it to pay off a car loan as well.

6 minutes ago, Spacedoot said:

- Order placed, deposit paid and then...nothing.  Eventually a hard fought refund.

They did the same to me about two years ago.  No apology for messing up my order and clearly no frigs given. I've avoided them since.

11 minutes ago, James32 said:

If its MS70 then it's not a proof and £650 is a remarkable price, I assume you mean PF70 though 🤔 

You're right, I meant PF70 Ultra Cameo

When I started it was twice a day, then I got bored and that changed to be a couple of times a year, but since I joined TSF it's there on the banner, so back a few times a day again.

For me, if I'm looking to hold long term, I would hardly ever bother.

2 hours ago, DisplayName said:

What's some of the better value dealers, KC? Seems to vary depending on what you're looking for, in my very limited experience 

Chards and Atkinsons are probably the two I've spent the most money with.

TBF almost every dealer seems like better value than buying straight from Royal Mint.

I started with a few interesting CGT free oz coins (direct from RM and payed way too much) but, as I discovered better value dealers, I moved on to sovs. Upon reflection, now that I'm thinking of turning it back into cash, it would've been easiest to just stack 'best value' bullion sovs.

It was never my intention to be a collector, I just aquired a few collectables along the way.

Thank you 🙂

Welcome from another forum newbie. 👋

Welcome from another newbie who joined with similar intent. 👋

Just now, modofantasma said:

Just be wary that in their terms they might offer a lower price if the coins are not in great condition. You can of course reject their offer but I assume would have to pay the return postage to get your items back? 

Someone I know who had best value sovs sold back to them and a couple were marked down from the price quoted. I think it was about -6% of spot on those  

I've had to return a particularly rough best value sov Atkinsons tried to sell to me in the past so... that's fair enough. 😆

Obviously, everything will sell if priced cheaply.

A good shout regards Atkinsons for the sovs as I'd like for achieve as close to spot as possible but could consider 98% to save on hassle.

The difference between Atkinsons selling price and buying price for QB's though is way too much. They will buy my 2019 Yale for £1840 and but sell it for £2291... that's a very expensive convenience.

Same lack of value for graded coins, I've got a slabbed MS70 proof 2012 full sov and they'll take it off my hands for £650? Mmmm maybe not.

I've been watching the discussion on the forum around the recent hikes on gold price with some amusement.

I didn't get the impression from those discussions that forumites would be queuing up to buy gold right now, what with the ongoing ATH's putting people off.

I've been collecting for a few years as a means of saving towards a mortgage deposit. I've ammased a few 1oz QB's and a Brit, and a few more full sov's over the years... and I'm getting thoroughly sick of paying someone elses mortgage with my rent.

The question is, If I were to start listing these coins (at reasonable prices - spot for bullion and a small premium for QB's), would I find many buyers, or would they sit unsold as people wait for a pull back on gold price?

What do you think?

19 minutes ago, Paul said:

I'm just thinking, looking at the six month gold chart, we are +25% up for the sake of super simple maths 

Those of us here with PF70 gold in plastic coffins

If you were holding a £1000 coin six months ago, is it right it is worth to £1250 ?

or is the price about the same ??

A lot of our gold proof pieces we are still not close to break even at  ie buying a new 1oz gold proof from RM is still £2770

With this +25% increase to spot for common gold/circulated sovereigns, could this be a good time to pick up now under valued PF70s ?

Sorry if this is a bit rambling and without focus but hopefully see my point ?

Any opinions ??

 

I've got one of those... by mistake. I hate it. Would have much rather had bullion... it's easier.

20 minutes ago, apachebleu said:

 Royal mint site is a whisker off 2 grand for a single brittania and 475 a soverign. Psychologicaly for me seeing 2 grand an ounce breached there will be quite something. 

 

TBF, the prices Royal Mint ask, I'm surprised they haven't reached £2k much earlier

 Welcome from another forum newbie. 👋

Welcome from another forum newbie. 👋

Glad to hear you got this resolved.

Jeez, this thread is kind of depressing. So many fakes and scammers. 🤮