Best place to buy gold and silver?

[Pegasus1]

Hi folks,

I’m relatively new to stacking and wondering where the best place to buy gold (sovereigns and Britannia's) and silver 1oz Britannia's in the UK. I’m keen to avoid fakes and get new/mint coins with low premiums.

* Royal Mint directly  

*Chards  

*Bullion by Post  

* Hatton Garden Metals  

* tavexbullion.co.uk  

* other

 

Thanks!

[ChrisSilver]

The Silver Forum trade section is also another place where members can buy and sell, and with with 0% commission.

If you do decide to buy/sell on TSV please do make sure you have read the applicable Quickstart guide to trading as it contains useful and important information, as well as the topics linked within about risk of trading.

UK QuickStart Guide
EU QuickStart Guide
USA & Canada QuickStart Guide

[James32]

Firstly welcome aboard. 

All the dealers you mentioned are safe, but if you grab a membership on here,you will no doubt find what your looking for cheaper. You will also see exactly the condition of items before you purchase. The reason I mentioned a membership, is otherwise it takes 3 days for you to see new sales posts,and as you can imagine, all the bargains will be sold rather quickly. 

Enjoy the journey.

[LawrenceChard]

1 hour ago, Pegasus1 said:

Hi folks,

I’m relatively new to stacking and wondering where the best place to buy gold (sovereigns and Britannia's) and silver 1oz Britannia's in the UK. I’m keen to avoid fakes and get new/mint coins with low premiums.

* Royal Mint directly  

*Chards  

*Bullion by Post  

* Hatton Garden Metals  

* tavexbullion.co.uk  

* other

 

Thanks!

 

6 minutes ago, James32 said:

Firstly welcome aboard. 

All the dealers you mentioned are safe, but if you grab a membership on here,you will no doubt find what your looking for cheaper. You will also see exactly the condition of items before you purchase. The reason I mentioned a membership, is otherwise it takes 3 days for you to see new sales posts,and as you can imagine, all the bargains will be sold rather quickly. 

Enjoy the journey.

I am slightly biased, but for a good reason.

You might find this advice page useful:

https://www.chards.co.uk/blog/advice-guide-for-uk-bullion-investors/1041

What @James32 means by "The reason I mentioned a membership, is otherwise it takes 3 days for you to see new sales posts,and as you can imagine, all the bargains will be sold rather quickly.", is that he will have bought all the bargains.

😎

[Thelonerangershorse]

25 minutes ago, James32 said:

all the bargains will be hoovered up rather quickly. 

By who we wonder?

[James32]

11 minutes ago, Thelonerangershorse said:

By who we wonder?

You? And you opt for no feedback 😁

[Solachesis]

8 hours ago, James32 said:

Firstly welcome aboard. 

All the dealers you mentioned are safe, but if you grab a membership on here,you will no doubt find what your looking for cheaper. You will also see exactly the condition of items before you purchase. The reason I mentioned a membership, is otherwise it takes 3 days for you to see new sales posts,and as you can imagine, all the bargains will be sold rather quickly. 

Enjoy the journey.

To add to this, I got silver membership this month and I have had my membership pay for itself within the first 3 days, krugs for £24.50 compared to £30+ at dealers, much cheaper pandas, kookaburras.

Love it here, and having to wait 3 days was a killer, permanently seeing things I wanted completed.

The only bad thing is the deals are TOO good. Please send help, Ive massively overspent this month. 

[ant1882]

TLDR for what you are looking for I would go with Chards to get low premium good condition sovereigns.

In my experience:

Chards are great for sovereigns, best price for guaranteed good condition bullion sovereigns if you don't mind waiting a while for them to come in stock:

https://www.chards.co.uk/bullion-sovereigns-minty-condition/12649

Bullion By Post I find to be generally too expensive, occasionally they have a good special offer on.

Atkinsons are very good in general.

Royal Mint - Don't do it to yourself, I found the prices there are too high and personally experienced poor customer service, plus the website isn't great when searching.

[Pegasus1]

Thanks folks, really helpful 🙂

[scotwasp]

Always wait 15 mins before you buy anything,that way you can be sure @James32 Has sorted out all the bargains before you make a mistake, ,,,,, welcome aboard 😂👍

[MrStacker]

To add to what @ant1882 already stated. If you care about the condition and appearance of your BULLION coins or bars here's my take:

For above "average" condition of new bullion coins: Chards and Atkinsons are good overall from my own experience.

If you don't mind random knocks, scratches and severe fingerprint marks: beware of Bairds and Sharps Pixley. They don't really handle their products well and the staff (from my experience) couldn't care less. This is referring to past instore experiences.

Good luck on your journey! 🙂

[kena]

First place would be to check here on the forum.  

Another dealer which has not been mentioned to buy silver from is https://www.silvertrader.uk/.

[kena]

Another place for gold and silver - https://www.philatelicheritage.co.uk/

One problem I found with silver bullion Britannia coins is when you find out the older ones had different reverse designs some years.  I wish they would start that up again.

Next you find out there are lunar privy marked ones and so on - which by then, low premiums go out the window....(like the Year of the Pig privy marked Britannia).

The following is a good site which shows various Britannia coin and other releases.
https://www.britannia-uk.com/

[nabikaw]

On 23/10/2022 at 13:29, Pegasus1 said:

Hi folks,

I’m relatively new to stacking and wondering where the best place to buy gold (sovereigns and Britannia's) and silver 1oz Britannia's in the UK. I’m keen to avoid fakes and get new/mint coins with low premiums.

* Royal Mint directly  

*Chards  

*Bullion by Post  

* Hatton Garden Metals  

* tavexbullion.co.uk  

* other

 

Thanks!

Well I have a decent amount of silver and almost no gold, and with the recent drop I decided to drop some money into gold. The thing is I have yet to find gold(coin, bullion, scrap) that is even near spot. I was hoping I could get some help from you all. I prefer to buy US currency due to that it is easily reconizable, but I am all ears.

[Anteater]

1 hour ago, nabikaw said:

Well I have a decent amount of silver and almost no gold, and with the recent drop I decided to drop some money into gold. The thing is I have yet to find gold(coin, bullion, scrap) that is even near spot. I was hoping I could get some help from you all. I prefer to buy US currency due to that it is easily reconizable, but I am all ears.

Welcome to the forum. This is mostly a UK-based forum and while there is a USA & Canada sale section for you to check out I'm afraid it is a lot slower over there.

I understand that the US secondary market is largely on Instagram and Facebook, but obviously you should be careful to avoid scams any time you're not dealing with a reputable dealer.

[Pm1987]

Didn’t seem keen on a membership or buying on here it seems 😂

Edited April 24 by Pm1987

[Anteater]

2 minutes ago, Pm1987 said:

Didn’t seem keen on a membership or buying on here it seems 😂

This isn't the original threat poster (AFAIK), it's a new user who has started here for some reason. @nabikaw you might want to head over to the the new members' section and introduce yourself there: https://www.thesilverforum.com/forum/10-welcome-new-members/