Prophecy

In summary: Mene 24k jewellery seems to be 40% over spot with 20% VAT on top of that plus $75 post. Which works out at c.70% premium. 7879 24k jewellery is 30-40% premium over spot plus that annoying 20% vat so 60% premium. Random jeweller is 900-1000% premium and 9-18k gold so not worth it at all from an investment value pov. Someone correct my random calculations.

I knew someone would think it was a paid placement. No, I just did some research on some items that are being sold in the sales area of this forum. Mene is an American (Canadian I think) jewellery company that makes 24k gold jewellery with, I think 30% premium over spot. But if you want to buy and import you get the 20% vat added on. Not good for gold bullion investment... Over here in the UK no such options were available for that until the aforementioned 7879. Only found out about them because of the listing in here (the seller didn't mention the jewller but a reverse image search from their listing found it). I understand jewellery premiums over spot are up to 1000% so all jewellery is c**p for investment purposes. Curious if others have gone this route and if they found bullion jewellery that is better premium. If not, I might slam out some 24k rings at 10-15% over spot but only when gold dips

Hi all. What do you all think about 7879.co bullion jewellery? It's the UK's version of Mene. Better premiums than Mene I think. I am keen to wear some bullion but the premiums are still high from a bullion POV. http://7879.co

How can they say they partnered with up and coming designers when the designs are pretty much jewellery factory base parts with RM stamped on them?? All the items have literally no unique value adding/differentiating additions or embellishments. The coin equivalent would be selling just coin BLANKS. They are selling jewellery blanks. I think they are scared because they don't want to risk losing sales with an actual design that could be divisive.

When I saw those pictures I thought that it was another quality control issue from RM.

I thought I had entered the tinfoil forum for a second