Anyone using Safe Deposit Box at Sharps Pixley in London?

[Timberwolf]

On 08/05/2022 at 14:44, GoldDabbler said:

To date I haven’t ventured past Costco and the Royal Mint. Although I’m quite eager to try private sales as most sellers on here are probably not home invasionalists. Also, I like a bargain and anyone looking though my house for gold would be looking in entirely the wrong place. And I’d be happy to direct them to where it’s kept. A grade 10 vault lol.

On a serious note I do understand your concerns. Chatting about gold acquisition on a public forum seems counter intuitive. In fact I’m talking myself out of making any online purchases at all now lol.  

Thanks for reminding me about Costo, I'm looking to get a membership just for the bullion.

 

Out of curiosity, how much of a fanfare is it buying bullion there? Hoping it's quick/easy/discrete, to avoid other shoppers seeing and knowing what you've purchased, following you back to the carpark etc...!

 

Also, assume they still need name/address (via your membership card?) so purchases are tracked on their internal database in some sort.

Edited May 12, 2022 by Timberwolf

[SidS]

On 31/10/2021 at 12:36, chrisdobb said:

Why would joe blogs house robber turn up with metal detector and power saw if you had told no one what you may or may not have stashed in your house?

Surely a wet suit and some breathing apparatus would be more prudent.

[GoldDabbler]

4 hours ago, Timberwolf said:

Thanks for reminding me about Costo, I'm looking to get a membership just for the bullion.

 

Out of curiosity, how much of a fanfare is it buying bullion there? Hoping it's quick/easy/discrete, to avoid other shoppers seeing and knowing what you've purchased, following you back to the carpark etc...!

 

Also, assume they still need name/address (via your membership card?) so purchases are tracked on their internal database in some sort.

Apparently you'll need to be an employee of banking, government, or the emergency services to get membership. That said, most of the people I see shopping in there look like they own takeaways, so I don't know how that works.

Once you've got membership sorted Costco will state their current price on gold and you'll agree to go ahead with the purchase. It's customary at this point for whoever is serving you to yell full force into their walkie talkie that a customer "WANTS TO BUY A GOLD!" This will get a manager running towards you and every customer within earshot interested in your business and staring at you. Some may even come over and casually peer over your shoulder as you're filling in your name and address on the form they have you fill in. After a few visits you develop tactics like staring at people until they go away/ learning to write so small no bugger can read it/ doing a bit of creative writing on the spot that's unintelligible/ or telling the Mrs "I'm not quite over Covid and I'm about to have a coughing fit and * my pants" Anyhoo once the paperwork is done Costco take payment and get the manager gives you the gold. After you've paid and the gold is handed over that's it and it's up to you to get out of the store without getting mugged. 

I did 'insist' the first time I did a Costco gold transaction that it was done in private but the answer I got back was 'It's either done here (in public) or not at all' I suppose the Costco staff need to be mindful of their own security too. 

I'm used to buying gold in the Costco ruby scrum now although sometimes I feel it'd be easier getting gold from underneath the sleeping dragon Smaug. There's definitely a sense of achievement getting your gold out of there in one piece

Edited May 12, 2022 by GoldDabbler