Where is best places to buy silver from

[Keiran]

Where is the best places to buy silver from these days not been buying for a long time and used to buy from overseas to avoid tax as much is it just better to buy locally  now or still more worth while  buying from places like Europeanmint 

[Gordy]

10 minutes ago, Keiran said:

Where is the best places to buy silver from these days not been buying for a long time and used to buy from overseas to avoid tax as much is it just better to buy locally  now or still more worth while  buying from places like Europeanmint 

From here, all day long... unless you're into collectables that may not be available on here

[SilverDrum]

Check out the Silver Deal UK thread for the latest to be had  https://www.thesilverforum.com/topic/19783-silver-deals-uk-europe-see-a-deal-post-it-here/page/50

 

Currently the best bullion dealer deal as just posted in the thread is from sharps, if you get a tube of brit's it works out alright! https://www.sharpspixley.com/buy-bullion/buy-silver/silver-coins/1-oz-britannia-silver-coin-2021

[modofantasma]

If you can't find what you want on the forum classifieds Baird mint have been very well priced for their own bars (even including VAT) and consistently been better than other dealers from my observations. 

[LawrenceChard]

1 hour ago, SilverDrum said:

Check out the Silver Deal UK thread for the latest to be had  https://www.thesilverforum.com/topic/19783-silver-deals-uk-europe-see-a-deal-post-it-here/page/50

 

Currently the best bullion dealer deal as just posted in the thread is from sharps, if you get a tube of brit's it works out alright! https://www.sharpspixley.com/buy-bullion/buy-silver/silver-coins/1-oz-britannia-silver-coin-2021

Yes, with 8% off, they are now 4 pence per coin cheaper than @ChardsCoinandBullionDealer for a tube, or allowing for postage, that changes to 28 pence, although that may change soon, as I hinted in this post on 4th August: 

You might need to be quick because we are down to our last half tonne until the end of the month.

🙂

[SilverDrum]

39 minutes ago, LawrenceChard said:

Yes, with 8% off, they are now 4 pence per coin cheaper than @ChardsCoinandBullionDealer 

Sharps & Pixley is currently £612.25 or 24.29 on the 25 coin tube, and @ChardsCoinandBullionDealeris £621.19 for a 25 coin tube after postage. I make that a 35 pence difference. 

Gonna get some tubes from Sharps  

[LawrenceChard]

9 hours ago, SilverDrum said:

Sharps & Pixley is currently £612.25 or 24.29 on the 25 coin tube, and @ChardsCoinandBullionDealeris £621.19 for a 25 coin tube after postage. I make that a 35 pence difference. 

Gonna get some tubes from Sharps  

Even if you use automation to do price comparisons, there is always the difficulty of synchronising the sampling.

If your 35 pence figure is accurate, this makes Sharps Pixley 1.43% cheaper than https://www.chards.co.uk/2020-1oz-britannia-25-silver-coin-tube/5867, so it makes sense to buy from them right now.

Partly what I was drawing attention to is that SP would have been about 6.5% more expensive than @ChardsCoinandBullionDealer at their normal prices, compared with Chards normal prices. It's little wonder they had a  "Sale".

Most TSF members will be aware that new silver Britannias have been in short supply for most of the past 18 months. My "Supply Situation" post of 4th August mentioned that new bullion supplies have been coming through more quickly in the past month. Some dealers may have swung from an insufficient stock/supply position to a surplus stock/supply position in the past few weeks.

By luck or good judgement, we held off our daily top up buying of new bullion coins late last week, so instead of buying silver based on £18.50+, when we resumed early this week, we were buying based at spot prices under £17 per ounce. This also applied to gold bullion, where prices dropped from £1300+ to about £1250 per ounce, although gold has now recovered some ground and is currently over £1270 per ounce.

I wish I was able to say we had snapped up gold and silver at the midnight Sunday dip prices of around £16.30 and £1220 respectively, but we didn't unfortunately. Maybe next time! 🙂

While, for some reason, there is no Dealer Price Comparison on the "tubes" page above, there is one on the normal single piece page, https://www.chards.co.uk/2021-silver-britannia-1-ounce-bullion-coin/13255 which also shows price breaks for 1, 5, 10, 25, 50, 100, 250, 500, and 1000+ quantities. This shows that for quantities of 5 or more, Chards are cheaper including postage, than the 6 other UK dealers compared. Chards were probably also cheaper from 2 or more pieces, but this is not shown on the comparison table.

Pricing is currently under review on 2021 silver Britannias, but it would probably be foolish to cut prices to the bone and sell out immediately, when we know that the next supply delivery could be at least 2 weeks away. Most investors and stackers prefer to buy what is in stock for immediate shipping. There would be not much point Chards being the cheapest if we were out of stock, so people were paying more buying from elsewhere rather than wait.