Jump to content
  • The above Banner is a Sponsored Banner.

    Upgrade to Premium Membership to remove this Banner & All Google Ads. For full list of Premium Member benefits Click HERE.

  • Join The Silver Forum

    The Silver Forum is one of the largest and best loved silver and gold precious metals forums in the world, established since 2014. Join today for FREE! Browse the sponsor's topics (hidden to guests) for special deals and offers, check out the bargains in the members trade section and join in with our community reacting and commenting on topic posts. If you have any questions whatsoever about precious metals collecting and investing please join and start a topic and we will be here to help with our knowledge :) happy stacking/collecting. 21,000+ forum members and 1 million+ forum posts. For the latest up to date stats please see the stats in the right sidebar when browsing from desktop. Sign up for FREE to view the forum with reduced ads. 

this dosent make a lot of sense


craig12

Recommended Posts

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

Link to comment
Share on other sites

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

Link to comment
Share on other sites

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

Link to comment
Share on other sites

Archived

This topic is now archived and is closed to further replies.

×
×
  • Create New...

Cookies & terms of service

We have placed cookies on your device to help make this website better. By continuing to use this site you consent to the use of cookies and to our Privacy Policy & Terms of Use