Which website/place usually have the best cheapest prices deals on Gold Britannias?

[Stuntman]

6 minutes ago, LawrenceChard said:

Come on, give the OP a fair chance, instead of using obscure (to some) Latin acronyms.

😎

Speaks the man who used the phrase 'logical non-sequitur' a few minutes earlier... 😉

[Roy]

36 minutes ago, dicker said:

@Roy You have been de-throned for sure.  

Ha! There is always a young pretender, waiting in the wings, looking to steal my crown!

No, the title is mine 😎

I find it amusing that if the OP had bothered to enlighten himself, he could've capitalised on the fact that the gold price has risen £40 since he began this desperate thread and could've earnt a shilling or two!

Educated beyond their intelligence comes to mind.

 

36 minutes ago, dicker said:

You do however have the driest humour and best one liners on the forum.

I like to think it acerbic wit, or as my wife often quips, 'acetic wit'!

😃

Edited March 1, 2022 by Roy

[SovereignBishop]

At the end of the day, check your prices including postage and buy the beat deal you can find.

I use three dealers and will chose who has the best delivered price.

it is not that difficult

Edited March 1, 2022 by SovereignBishop

[very452001]

43 minutes ago, LawrenceChard said:

You are under no obligation to ask a million questions.

I think we are about 10 down, so another 999,990 still to come.

"... to clarify 110% ..."

Forgive me for asking, but are you a professional footballer?

"The precious metals physical bullion market in UK is regulated"

From my understanding of the English language, that looks like a statement, but...

"... or is it still the wild west casino unregulated?" seems to turn it into a question.

If "The precious metals physical bullion market in UK is regulated" is intended to be a question, I could answer it for you, and so could any number of other TSF members.

😎

Yeah I meant certain standards or regulations that all bullion dealers must adhere to keep their licenses or certification or whatever it is. Is there like governing body that monitors bullion dealers.

I ask because there's bullion dealers out there that hold customer orders as hostage after receiving the customer cash by bank transfer unless you can show them a DNA blood test to prove to them its you for in the name of KYC or AML for something that costs £few hundred quid you know what I mean . Surely behaviours such as this by bullion dealers does not comply with regulation right?

Or when you walk into a bullion shop they ask for passports, utility bill statements and such when buying lets say a gold Britannia which is CGT anyway so why ask for such documents to buy? So the bullion dealers send these documents to the taxman to HMRC on CGT Britannia coins doesn't make sense 

[SovereignBishop]

5 minutes ago, very452001 said:

Yeah I meant certain standards or regulations that all bullion dealers must adhere to keep their licenses or certification or whatever it is. Is there like governing body that monitors bullion dealers.

I ask because there's bullion dealers out there that hold customer orders as hostage after receiving the customer cash by bank transfer unless you can show them a DNA blood test to prove to them its you for in the name of KYC or AML for something that costs £few hundred quid you know what I mean . Surely behaviours such as this by bullion dealers does not comply with regulation right?

Or when you walk into a bullion shop they ask for passports, utility bill statements and such when buying lets say a gold Britannia which is CGT anyway so why ask for such documents to buy? So the bullion dealers send these documents to the taxman to HMRC on CGT Britannia coins doesn't make sense 

Just unfollowed this thread

[Petra]

Strange thing, I buy a lot of various things at auction and since all the recent restrictions a lot from online auctions and the other day I came across an auction house selling virtually al coins … gold/silver and they were insisting on lots of extra information from prospective buyers before you could register for the auction. These were details that people have said that some dealers need. This was the only auction house that I have seen needing this information. All seemed pointless considering the information you need to provide to register on saleroom etc. 

A lot of questions on this thread seem a bit strange. Part of being new to all this is the fun of searching for information, prices etc. yourself and then on here ask some questions/ join in etc.

[LawrenceChard]

7 minutes ago, SovereignBishop said:

Just unfollowed this thread

A wise decision!

😎

[very452001]

32 minutes ago, Roy said:

Ha! There is always a young pretender, waiting in the wings, looking to steal my crown!

No, the title is mine 😎

I find it amusing that if the OP had bothered to enlighten himself, he could've capitalised on the fact that the gold price has risen £40 since he began this desperate thread and could've earnt a shilling or two!

Educated beyond their intelligence comes to mind.

 

I like to think it acerbic wit, or as my wife often quips, 'acetic wit'!

😃

Gold silver are risk off assets. If the uncertainty fear war continues at Russian/Ukraine after sanctions for Russia don't work then Gold will go higher obviously however if there's peace over there Gold will come down to its boring £1200-£1400 range until the FED in the USA turns hawkish raise rates and tightens monetary policy to fight inflation or if the FED use the Russian/Ukraine war as a excuse not to raise rates so they can print more money to fund World War 3 then risks on assets like stocks, crypto will go up as well as Gold too I think.

So the price can go either way.

[dicker]

Let me paraphrase. 

Dear Mr Chard,

Do you need a license to trade outside of that laid down by companies house (and partially by HMRC)

Why are you enforcing KYC checks on me (as required by law)

Do you disclose to the authorities information about purchases (particularly the GBP10k limit) as required by law if asked.

Many thanks in advance for answering for all the questions!

Thanks

Very425001

 

 

 

[Stuntman]

I think he might be the lovechild of Barry and Wonger.

[dicker]

PS: PM prices can go up and down!

Who knew!

[LawrenceChard]

14 minutes ago, very452001 said:

Yeah I meant certain standards or regulations that all bullion dealers must adhere to keep their licenses or certification or whatever it is. Is there like governing body that monitors bullion dealers.

I ask because there's bullion dealers out there that hold customer orders as hostage after receiving the customer cash by bank transfer unless you can show them a DNA blood test to prove to them its you for in the name of KYC or AML for something that costs £few hundred quid you know what I mean . Surely behaviours such as this by bullion dealers does not comply with regulation right?

Or when you walk into a bullion shop they ask for passports, utility bill statements and such when buying lets say a gold Britannia which is CGT anyway so why ask for such documents to buy? So the bullion dealers send these documents to the taxman to HMRC on CGT Britannia coins doesn't make sense 

Yeah I meant certain standards or regulations that all bullion dealers must adhere to keep their licenses or certification or whatever it is. Is there like governing body that monitors bullion dealers.

No.

I ask because there's bullion dealers out there that hold customer orders as hostage after receiving the customer cash by bank transfer unless you can show them a DNA blood test to prove to them its you for in the name of KYC or AML for something that costs £few hundred quid you know what I mean . Surely behaviours such as this by bullion dealers does not comply with regulation right?

It is a legal requirement for VAT registered dealers to obtain ID for any and all transactions in "Investment Gold"

Or when you walk into a bullion shop they ask for passports, utility bill statements and such when buying lets say a gold Britannia which is CGT anyway so why ask for such documents to buy?

That's because they don't want to get fined 10% of their global turnover if they get caught with ineffective AML controls.

So the bullion dealers send these documents to the taxman

Where did you get that incorrect information from?

on CGT Britannia coins doesn't make sense

None of the above has anything to do with CGT.

If and when you become fully informed, how much are you thinking of investing?

😎

 

 

[LawrenceChard]

11 minutes ago, very452001 said:

Gold silver are risk off assets. If the uncertainty fear war continues at Russian/Ukraine after sanctions for Russia don't work then Gold will go higher obviously however if there's peace over there Gold will come down to its boring £1200-£1400 range until the FED in the USA turns hawkish raise rates and tightens monetary policy to fight inflation or if the FED use the Russian/Ukraine war as a excuse not to raise rates so they can print more money to fund World War 3 then risks on assets like stocks, crypto will go up as well as Gold too I think.

So the price can go either way.

Gold silver are risk off assets. If the uncertainty fear war continues at Russian/Ukraine after sanctions for Russia don't work then Gold will go higher obviously however if there's peace over there Gold will come down to its boring £1200-£1400 range until the FED in the USA turns hawkish raise rates and tightens monetary policy to fight inflation or if the FED use the Russian/Ukraine war as a excuse not to raise rates so they can print more money to fund World War 3 then risks on assets like stocks, crypto will go up as well as Gold too I think.

Sounds like you have been listening to GoldCore or some other scaremongering hype merchant.😎

 

[very452001]

2 minutes ago, dicker said:

Let me paraphrase. 

Dear Mr Chard,

Do you need a license to trade outside of that laid down by companies house (and partially by HMRC)

Why are you enforcing KYC checks on me (as required by law)

Do you disclose to the authorities information about purchases (particularly the GBP10k limit) as required by law if asked.

Many thanks in advance for answering for all the questions!

Thanks

Very425001

 

 

 

During times of currency crisis where cash is devalued inflated, I remember seeing a documentary on Sky tv where the queen monarch has powers to instruct the government to confiscate the gold from its people to regain financial order. They force the people to sell the gold to them at face legal tender value shown on gold coin for worthless cash instead of selling it for true market gold value.

This already happened decades ago in USA, and in Germany I believe after World War 1.

The question is if Bullion dealers ask for sensitive documents off customers for CGT Gold Britannia coins, if its not for the HMRC taxman then who's it for? Is it for Government authorities so they or police can come down to your address to confiscate your gold during a currency crisis? Because the authorities know you have Gold because the bullion dealers/shops passed customers sensitive info such as address and ID to them?

Otherwise I cant make sense on why ask for such sensitive docs off customers for Britannia coins that CGT tax exempt anyway. What's the point of letting the HMRC of this on CGT gold silver? Doesn't make any sense 

[LawrenceChard]

11 minutes ago, Stuntman said:

I think he might be the lovechild of Barry and Wonger.

Is it Mrs Wonger who has a Cartier franchise?

Some women retain their maiden names.

It could help explain why I can't find a Cartier stockist / high class jeweller in Berkshire called Woods

😎

[LawrenceChard]

18 minutes ago, dicker said:

Many thanks in advance for answering for all the questions!

 

He's got another 999,985 still to come!

😎

[dicker]

The “Answers” shop has just shut as it has not been powered by “please or thank you”.

These questions have all been answered before.  The search function is now probably your best friend on the forum to find the answers you seek.

Best

Dicker

[MJCOIN]

34 minutes ago, Petra said:

Strange thing, I buy a lot of various things at auction and since all the recent restrictions a lot from online auctions and the other day I came across an auction house selling virtually al coins … gold/silver and they were insisting on lots of extra information from prospective buyers before you could register for the auction. These were details that people have said that some dealers need. This was the only auction house that I have seen needing this information. All seemed pointless considering the information you need to provide to register on saleroom etc. 

A lot of questions on this thread seem a bit strange. Part of being new to all this is the fun of searching for information, prices etc. yourself and then on here ask some questions/ join in etc.

I think I know the auctioneer.  Had to send them original documents before they would allow me to bid.  Most bizarre.

[LawrenceChard]

5 minutes ago, very452001 said:

During times of currency crisis where cash is devalued inflated, I remember seeing a documentary on Sky tv where the queen monarch has powers to instruct the government to confiscate the gold from its people to regain financial order. They force the people to sell the gold to them at face legal tender value shown on gold coin for worthless cash instead of selling it for true market gold value.

This already happened decades ago in USA, and in Germany I believe after World War 1.

The question is if Bullion dealers ask for sensitive documents off customers for CGT Gold Britannia coins, if its not for the HMRC taxman then who's it for? Is it for Government authorities so they or police can come down to your address to confiscate your gold during a currency crisis? Because the authorities know you have Gold because the bullion dealers/shops passed customers sensitive info such as address and ID to them?

Otherwise I cant make sense on why ask for such sensitive docs off customers for Britannia coins that CGT tax exempt anyway. What's the point of letting the HMRC of this on CGT gold silver? Doesn't make any sense 

Oh no, now you have switched back to bold face again!

During times of currency crisis where cash is devalued inflated, I remember seeing a documentary on Sky tv where the queen monarch has powers to instruct the government to confiscate the gold from its people to regain financial order. They force the people to sell the gold to them at face legal tender value shown on gold coin for worthless cash instead of selling it for true market gold value.

Anyone else on this forum remember that? I expect not.

I suspect it may have been Fox News, or some other loony right wing MAGA American outfit.

This already happened decades ago in USA,

No, it didn't. Read my our blog post: https://www.chards.co.uk/blog/confiscation-of-gold-bullion/778

and in Germany I believe after World War 1.

I'm sure the queen didn't!

... and I don't think anyone else did either.

The question is if Bullion dealers ask for sensitive documents off customers for CGT Gold Britannia coins, if its not for the HMRC taxman then who's it for? Is it for Government authorities so they or police can come down to your address to confiscate your gold during a currency crisis? Because the authorities know you have Gold because the bullion dealers/shops passed customers sensitive info such as address and ID to them?

Otherwise I cant make sense on why ask for such sensitive docs off customers for Britannia coins that CGT tax exempt anyway. What's the point of letting the HMRC of this on CGT gold silver? Doesn't make any sense 

Try asking your M.P., HMRC, or your accountant.

 

P.S. I could give your the name of a UK bullion dealer who would probably not ask you for any ID.

 

[LawrenceChard]

39 minutes ago, Petra said:

A lot of questions on this thread seem a bit strange. Part of being new to all this is the fun of searching for information, prices etc. yourself and then on here ask some questions/ join in etc.

It's only what our Customer Service team get asked every working day.

I am often delighted at how patiently and calmly they try to provide the best answers, and proud of how well they manage to do it.

Back in 1998, I decided that instead or in addition to answering all the questions individually, I would write detailed answers and publish them on our website, so that all future viewers get find the answers themselves. Also, our staff could send people e-mail links to ensure they got fully detailed answers.

One unexpected consequence is that we got a higher volume of callers asking the same questions, even though they had found our website, and presumably read the answers. I am not complaining about this, as many of them then became customers.

I believe that a well informed customer is easier to deal with, which I still think is true.

I still hold the rather naive view however, that because we provide detailed information, then people who read it will become informed.

😎

[Sharron]

4 hours ago, chrisdobb said:

Your post comes across to me as disingenuous; people are not stupid and are able to think things through.

How you conduct your business is of course your business and no one knows better than you how to conduct it, for your benefit.

However to the consumer rhetoric does not matter, what matters is the true cost of the item to be purchased, if that item is a known quantity the real factors are the price and the service and confidence they have in their suppliers, people know full well postage and insurance needs to be paid somehow.

I have studied the internet prices for some time, mainly for Sovereigns and Britannias, (low numbers) and I conclude you run in second place to Atkinsons in terms of price, for very low quantities.

I cannot speak for larger numbers.

I have purchased from you both and I can say Atkinson have never given me cause for concern.

My first purchase from you did however worry me, regarding the way you handled my queries and it took multiple emails for your staff to satisfy my concerns and fulfil my order.

Other orders have been satisfied with no problems.

I value your opinions and bow to your vast knowledge but do feel your insinuation that people cannot work out that postage and insurance costs money as insulting to my intelligence.

I/we have purchased from many dealers. Some are cheaper,some are more expensive. For what it's worth if there is a certain coin do your RESEARCH and find the cheaper price. It all depends on the day,time and dealers price. There usually isn't much in it but if you are buying multiples it can save you £'s.

[BullionBuyerUK]

3 hours ago, LawrenceChard said:

WTF are "tavex bullion"?

😎

I believe they are a rival of yours . . . 

[stackerp5]

1 hour ago, very452001 said:

During times of currency crisis where cash is devalued inflated, I remember seeing a documentary on Sky tv where the queen monarch has powers to instruct the government to confiscate the gold from its people to regain financial order. They force the people to sell the gold to them at face legal tender value shown on gold coin for worthless cash instead of selling it for true market gold value.

This already happened decades ago in USA, and in Germany I believe after World War 1.

The question is if Bullion dealers ask for sensitive documents off customers for CGT Gold Britannia coins, if its not for the HMRC taxman then who's it for? Is it for Government authorities so they or police can come down to your address to confiscate your gold during a currency crisis? Because the authorities know you have Gold because the bullion dealers/shops passed customers sensitive info such as address and ID to them?

Otherwise I cant make sense on why ask for such sensitive docs off customers for Britannia coins that CGT tax exempt anyway. What's the point of letting the HMRC of this on CGT gold silver? Doesn't make any sense 

You could bypass dealers and post a "wanted" ad on the forum, specifying how much you'd pay per ounce and if anyone is selling the quantity you'd like to buy, you can transfer the money directly to the person. You can ask for offers but I believe a price on the ad is necessary. You could probably fetch a better price per ounce as there are sellers on here which sell at reasonable prices/premiums over spot. In this instance you don't have to provide documents to the seller, only your name and address for coins to be posted to, and make payment to the sellers bank account. If the seller is local you may be able to collect in person.

[LawrenceChard]

20 minutes ago, BullionBuyerUK said:

I believe they are a rival of yours . . . 

I guessed so from the word "bullion" in the name, but I have never heard of them, or if I have, then I have forgotten.

😎

So, before I hit Submit Reply, I thought I would Google them:

Tavex Bullion: Tavex - Buy Investment Gold and Silver Onlinehttps://tavexbullion.co.uk
The largest and most trusted gold and silver bullion dealer in Northern Europe and Scandinavia! Tavex Bullion is now in United Kingdom!

Really!

How did I fail to hear about "The largest and most trusted gold and silver bullion dealer in Northern Europe"

There is usually somebody most weeks launching a website with a similar claim.

Companies House reveals paid up share capital £100.

and says "11 Sep 2021    Amended accounts for a dormant company made up to 31 December 2020"

Nominet Whois says: "

Domain name:
tavexbullion.co.uk

Data validation:
Nominet was able to match the registrant's name and address against a 3rd party data source on 05-Nov-2020

Registrar:
GoDaddy.com, LLC. [Tag = GODADDY]
URL: http://uk.godaddy.com"

This probably explains why I don't remember hearing anything about them previously.

😎

[paulmerton]

3 hours ago, LawrenceChard said:

If I use my credit card for free delivery orders and if it gets lost/stolen while delivery then am I covered under Section 75 Customer protection with my card company?

Probably yes under most circumstances, depending on your card company's T&Cs.

Nah, the card company's Ts&Cs can never override Section 75 protection. Section 75 is referring to the rights afforded to the consumer by Section 75 of the Consumer Credit Act 1974. In a nutshell, if the goods cost more than £100 and don't arrive, then you can hold the credit card company jointly and severally liable for the breach of contract.

If two bullion dealers were offering the same coin at the same price, but one accepted credit cards, you'd be daft not to go for the one that accepts credit cards - not just for the additional protection you get, but also the other perks like not having to pay for it immediately and probably also being able to accrue magical points that encourage you to spend even more so you can trade them in for prizes. Of course, those perks are partly funded by the higher processing fees that the seller has to pay, and I gather that's why Chards and a few others don't accept credit cards (particularly Amex) as methods of payment. Even so, there's still the odd coin out there that's cheaper from places that do accept credit cards.