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this dosent make a lot of sense


craig12

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Posted

bought a 5 oz sunshine minting bar last night from atkinsons when spot was £10.82  paid  £80.74

 

now spot is £10.72  same bar is over £86            eh :angry:

the reason I got this bar was that the scotsdale prey 5 oz bar was £89 from the gold bullion company

 

I know yesterday when spot dropped to around £10.72  the bar was around £79.97

Posted

it could be their break even point?

it could be their last 1/10/50 bars?

they have took the business decision to increase their margin %?

 

it is not set in stone what margin should be placed on what items.

this is one of the big reasons i like using HGM

fixed 3% over spot regardless of gold size or country of issue

 

a lot of you guys weren't about during the startings of the first smack downs in price in silver in May and Sept 2011

the volatility was so big that atkinsons and BBP simply stopped selling - period.

 

You could buy an ounce for love nor monkey. The gone fishing signs went up so no buyer could buy anything

  • *WANTED* 💰💸Currently seeking --> 1oz Gold (2023) King Charles III Coronation "Reverse Proof " in NGC PF70
  • PM me with details/price if you have one

 

Posted

think ive sussed it , yesterday the 10 oz sunshine minting bar was around £168  on singles ,,  so i think what has happened was that the 5 oz bars were priced wrongly  ,  = 2 sunshine 5 oz bars £161.48   1 x 10 oz sunshine bar £168  that would have meant it was cheaper to buy 10 x 5 oz bars than 5 x 10 oz bars ,damn ..........i missed a buying opportunity

Posted

Don't overlook the built in shipping costs from Atkinsons that can play games with the totals.

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