Dealer questions: shipping to Ireland

[CollectForFun]

8 hours ago, Nero said:

Interesting, I have never bought from Chards.

But I did buy from Bairds an age ago( before Brexit ). I believe I just sent a bank transfer to a euro account in London, so was no fees.

Correct. If Chards have an euro account, you would probably be able to do the same. The question is, what conversion rate the dealer can offer. 

The spot price of gold is converted from one currency to another using ideal mid-market rate. Is the dealer offering conversion at this ideal rate? If not, the premium in the other currency will go up.

But I am now trying to explain something @LawrenceChard would be the most competent to comment on so let's see if he confirms how it really works. 

Edited May 14, 2022 by CollectForFun
edit for additional info

[LawrenceChard]

5 hours ago, CollectForFun said:

Correct. If Chards have an euro account, you would probably be able to do the same. The question is, what conversion rate the dealer can offer. 

The spot price of gold is converted from one currency to another using ideal mid-market rate. Is the dealer offering conversion at this ideal rate? If not, the premium in the other currency will go up.

But I am now trying to explain something @LawrenceChard would be the most competent to comment on so let's see if he confirms how it really works. 

We do have accounts in USD, EUR, and a few other major currencies, but there are some extra bank costs and charges involved, and also with foreign exchange cross rates, but we should still be competitive. As mentioned earlier, there appears to be a glitch somewhere affecting the page under discussion. I won't find out before Monday.

Postage to Ireland will be slightly more than UK, and involve more Customs paperwork, but we do ship stuff overseas on a daily basis.

It sounds like there aren't any competitive bullion dealers in Ireland!

😎

[Nero]

22 minutes ago, LawrenceChard said:

We do have accounts in USD, EUR, and a few other major currencies, but there are some extra bank costs and charges involved, and also with foreign exchange cross rates, but we should still be competitive. As mentioned earlier, there appears to be a glitch somewhere affecting the page under discussion. I won't find out before Monday.

Postage to Ireland will be slightly more than UK, and involve more Customs paperwork, but we do ship stuff overseas on a daily basis.

It sounds like there aren't any competitive bullion dealers in Ireland!

😎

Can confirm. No competitive dealers here.

[LawrenceChard]

2 hours ago, Nero said:

Can confirm. No competitive dealers here.

GoldCore make a lot of noise!

😎

[Nero]

20 hours ago, LawrenceChard said:

GoldCore make a lot of noise!

😎

Spoke to them once, clowns.

[Paul]

@Nero sorry for maybe stating the obvious but is it not just easier to buy internally from an Ireland based dealer 

Saves your hassles of exchange/international delivery etc

The safe deposit box firm i use in the UK have an Irish gold bullion dealership called merriongold.ie based in Dublin  

[LawrenceChard]

56 minutes ago, Paul said:

@Nero sorry for maybe stating the obvious but is it not just easier to buy internally from an Ireland based dealer 

Saves your hassles of exchange/international delivery etc

The safe deposit box firm i use in the UK have an Irish gold bullion dealership called merriongold.ie based in Dublin  

I would have great reservations about any business promoting itself professionally, who could not spell the name of one on its major products:

Merrion Gold - Kruggerands

That video is dated 2014, you would have thought that they may have notice the spelling error, and corrected it by now.

This post is bound to spawn many posts highlighting some of my many typo's!

 

[ChrisSilver]

I’ve edited your topic title so that it’s more relevant to buying from Ireland. It may get more visibility that way  feel free to edit it however should you wish.

[Nero]

1 hour ago, Paul said:

@Nero sorry for maybe stating the obvious but is it not just easier to buy internally from an Ireland based dealer 

Saves your hassles of exchange/international delivery etc

The safe deposit box firm i use in the UK have an Irish gold bullion dealership called merriongold.ie based in Dublin  

Thanks for suggestion. 

I actually hold some Gold\Silver in third party storage already. Again, company is outside Ireland. Now, wanting to store some myself.

I think I did look at MerrionGold at the time, but didnt bother with them as their website lists POA for prices🙄. Cant be bothered dealing with a company with that kind of lack of transparency. May not be true, but Id guess they are not very completive in terms of cost per oz or storage costs....Ireland tends to be non competitive with everything. They probably make their money from people wanting to "stay local"...and people not knowing better.

Edited May 15, 2022 by Nero

[LawrenceChard]

4 minutes ago, ChrisSilver said:

I’ve edited your topic title so that it’s more relevant to buying from Ireland. It may get more visibility that way  feel free to edit it however should you wish.

@Nero's original title was "Dealer questions: shipping to Ireland", obviousy because he is an Irish resident, and he had seen some non-Irish bullion dealer sites.

Presumably, Google would have showed him "local" sites first, so it's my guess he had looked at them and failed to be impressed.

It will be interesting to see if any Irish dealers do offer much in the way of physical bullion.

It's a little known fact that when my cousin Robert Alan Chard was living in Cork some years ago, we set up a company called "Anglo Irish Gold", with the intention of providing a "Chard" branch office. It attracted very liitle business, and when he moved from Cork, we closed the business.

😎

[TheDoc]

Hi Nero, Dublin based myself and I have used a few different dealers over the last few years, I can recommend https://auragentum.de/ as has already been mentioned and also very happy with https://kraatz-edelmetalle.de/ 

I wouldn't be buying huge amounts at a time and so they are also very well priced for delivery in comparison with Europa and the European mint. 

 

[ChrisSilver]

8 hours ago, LawrenceChard said:

@Nero's original title was "Dealer questions: shipping to Ireland", obviousy because he is an Irish resident, and he had seen some non-Irish bullion dealer sites.

The original title was just “Dealer questions” Lawrence.

[LawrenceChard]

1 hour ago, ChrisSilver said:

The original title was just “Dealer questions” Lawrence.

Thanks Chris, I got my false "original title" from a tab I already had open, therefore assumed incorrectly that it was the original.

I should be more careful in my assumptions! 

😎

[CANV]

use revolut for EUR/GBP purchases.  easily the cheapest way to do it.. im sure they do a business version 

[Nero]

@LawrenceChard, Chards now listing 1 oz Secondary market as €1,884. Which means premium has got higher again.

Any word from devs?

[LawrenceChard]

26 minutes ago, Nero said:

@LawrenceChard, Chards now listing 1 oz Secondary market as €1,884. Which means premium has got higher again.

Any word from devs?

We are still working on it.

I will copy @ChardsCoinandBullionDealer in as before.

There are a number of different factors affecting our € pricing, so it is not as simple as fixing one specific point, which is why it will take some time.

Obviously, I don't know how quickly you need any answers, or how much you are looking to invest. 

[Nero]

44 minutes ago, LawrenceChard said:

We are still working on it.

I will copy @ChardsCoinandBullionDealer in as before.

There are a number of different factors affecting our € pricing, so it is not as simple as fixing one specific point, which is why it will take some time.

Obviously, I don't know how quickly you need any answers, or how much you are looking to invest. 

No worries and no rush at all. Just highlighting issue is still there, was thinking maybe it was just weekend.

Seems to be across the site, the prices are way over the premium that is listed in the tables. e.g. 2022 Britannia's below.

[Nero]

2 minutes ago, Nero said:

No worries and no rush at all. Just highlighting issue is still there, was thinking maybe it was just weekend.

Seems to be across the site, the prices are way over the premium that is listed in the tables. e.g. 2022 Britannia's below.

10.8 percent premium instead of 3.8 for example.