Have Atkins*n's lost the plot?

[TheShinyStuff]

I like the Perth S3 lunars, and am collecting the half, one and two oz silvers. Waiting for prices to calm down a little, but almost fell off my seat earlier when I saw this...

£56.35 an ounce for bullion! Even the RM wouldn't have the front to ask for that.

Same coin at Chards...

Thoughts, especially @LawrenceChard would be interesting.

[James32]

Beautiful coin, was interested myself but gave up for those exact reasons. 

 

[TheShinyStuff]

28 minutes ago, James32 said:

Beautiful coin, was interested myself but gave up for those exact reasons. 

 

Martin at Silvertrader is waiting on his order. They will be cheaper there.

[Tn21]

Wow the difference in price is insane 

[LawrenceChard]

31 minutes ago, TheShinyStuff said:

I like the Perth S3 lunars, and am collecting the half, one and two oz silvers. Waiting for prices to calm down a little, but almost fell off my seat earlier when I saw this...

£56.35 an ounce for bullion! Even the RM wouldn't have the front to ask for that.

Same coin at Chards...

Thoughts, especially @LawrenceChard would be interesting.

I can't think of any good reason why anyone in their right mind would pay Atkinson's price, unless it's because of so called "free postage".

Qty	Chards (Excl Delivery)	Chards (Inc Delivery)	B*
1	£69.76	£75.76	OOS
5	£68.56	£69.76	OOS
10	£67.36	£67.96	OOS

We also have the one ounce and half ounce versions in stock, at broadly similar pricing.

😎

[TheShinyStuff]

20 minutes ago, LawrenceChard said:

I can't think of any good reason why anyone in their right mind would pay Atkinson's price, unless it's because of so called "free postage".

Qty	Chards (Excl Delivery)	Chards (Inc Delivery)	B*
1	£69.76	£75.76	OOS
5	£68.56	£69.76	OOS
10	£67.36	£67.96	OOS

We also have the one ounce and half ounce versions in stock, at broadly similar pricing.

😎

You do indeed, post 'em for free and and I'll buy them now...😀

[LawrenceChard]

4 minutes ago, TheShinyStuff said:

You do indeed, post 'em for free and and I'll buy them now...😀

Sure thing, at Atkinson's price less 10%, is that OK for you?

😎

[TheShinyStuff]

Just now, LawrenceChard said:

Sure thing, at Atkinson's price less 10%, is that OK for you?

😎

No thanks, at your price less 6 quid will be fine. The offer is good until Silvertrader gets them in...

[sovereignsteve]

They are clearly trying it on. They realise that many of our EU sources are now unavailably or a PITA to use due to shipping/vat etc and consequently they are hoping to pick up some easy money.

[TheShinyStuff]

4 minutes ago, sovereignsteve said:

They are clearly trying it on. They realise that many of our EU sources are now unavailably or a PITA to use due to shipping/vat etc and consequently they are hoping to pick up some easy money.

Regardless of the reason, they should be embarrassed.

[GBStacking]

Alas they have some crazy premiums on there for silver in general at the moment. And not to single Atkinsons out, as I've seen quite a few dealers hold the prices even after spot fell. I appreciate that they are a business and businesses have to make money, but when you are looking at spot +80% on a lot of stuff, there is no way they would be in loss making territory yet. It's already cost them my usual Christmas order as I just couldn't justify paying the inflated prices, even on stuff I'm actually giving away not putting in my stack. 

Edited November 7, 2022 by GBStacking
Poor Spelling!

[LawrenceChard]

1 minute ago, TheShinyStuff said:

Regardless of the reason, they should be embarrassed.

I agree, but I doubt they will be.

Who do they think they are, the so called London Coin Company?

😎

[TheShinyStuff]

6 minutes ago, GBStacking said:

Alas they have some crazy premiums on there for silver in general at the moment. And not to single Atkinsons out, as I've seen quite a few dealers hold the prices even after spot fell. I appreciate that they are a business and businesses have to make money, but when you are looking at spot +80% on a lot of stuff, there is no way they would be in loss making territory yet. It's already cost them my usual Christmas order as I just couldn't justify paying the inflated prices, even on stuff I'm actually giving away not putting in my stack. 

I agree that premiums across the board are comical just now, but this is on a par with climbing through your kitchen window and trying to steal your microwave!

I used to buy fairly regularly from them, back in the sensible times, but they have now lost a customer.

[ant1882]

Not looked at silver for a while, quite a big difference if you want to buy a tube of 2023 brits...

BBP: £824 😨
Atkinsons: £676
Chards: £670

If the price is not good, don't give them your custom.

[TheShinyStuff]

3 minutes ago, ant1882 said:

Not looked at silver for a while, quite a big difference if you want to buy a tube of 2023 brits...

BBP: £824 😨
Atkinsons: £676
Chards: £670

If the price is not good, don't give them your custom.

Less than half the per ounce price of the 2oz rabbit. Absolutely no justification for it.

[LawrenceChard]

33 minutes ago, ant1882 said:

Not looked at silver for a while, quite a big difference if you want to buy a tube of 2023 brits...

BBP: £824 😨
Atkinsons: £676
Chards: £670

If the price is not good, don't give them your custom.

How do these prices look?

Price Comparison Against Other UK Bullion Dealers - Updated at 07-Nov-2022 06:58

Qty	Chards (Excl Delivery)	Chards (Inc Delivery)	B*	G*	A	BB	SP	GER	TB
1	£27.06	£30.56	£33.96	£35.28	£30.82	OOS	£32.28	£33.72	£32.04
5	£27.00	£28.20	£33.72	£34.80	£28.33	OOS	£30.98	£32.88	£32.04
10	£26.94	£27.54	£33.36	£34.68	£27.70	OOS	£30.98	£31.56	£32.04
25	£26.88	£27.12	£33.12	£34.20	£27.28	OOS	£30.34	£30.72	£32.04
50	£26.82	£27.04	£32.88	£34.20	£27.23	OOS	£29.69	£30.72	£32.04
100	£26.76	£27.04	£32.52	£34.20	£27.20	OOS	£29.05	£30.36	£32.04
250	£26.70	£26.82	£32.28	£34.20	£26.99	OOS	£28.40	£30.24	£32.04
500	£26.64	£26.74	£32.16	£34.20	£26.90	OOS	£28.40	£30.00	£32.04
1000	£26.58	£26.68	£31.92	£34.20	£26.90	OOS	£28.40	£30.00	£32.04

😎

[LawrenceChard]

31 minutes ago, TheShinyStuff said:

Less than half the per ounce price of the 2oz rabbit. Absolutely no justification for it.

If you are still talking about Atkinson's price, I agree, but:

Quantity	Premium	Price Per Item (Exc. VAT)	Price Per Item (Inc. VAT)	Total (Inc. VAT)	Est UK Delivery
1	£22.00	£58.32	£69.98	£69.98	£6.00

Makes ours just under £37.50 per ounce, compared with a single 2023 Britannia for £30.56 including postage.

😎

[ant1882]

10 minutes ago, LawrenceChard said:

How do these prices look?

Price Comparison Against Other UK Bullion Dealers - Updated at 07-Nov-2022 06:58

Qty	Chards (Excl Delivery)	Chards (Inc Delivery)	B*	G*	A	BB	SP	GER	TB
1	£27.06	£30.56	£33.96	£35.28	£30.82	OOS	£32.28	£33.72	£32.04
5	£27.00	£28.20	£33.72	£34.80	£28.33	OOS	£30.98	£32.88	£32.04
10	£26.94	£27.54	£33.36	£34.68	£27.70	OOS	£30.98	£31.56	£32.04
25	£26.88	£27.12	£33.12	£34.20	£27.28	OOS	£30.34	£30.72	£32.04
50	£26.82	£27.04	£32.88	£34.20	£27.23	OOS	£29.69	£30.72	£32.04
100	£26.76	£27.04	£32.52	£34.20	£27.20	OOS	£29.05	£30.36	£32.04
250	£26.70	£26.82	£32.28	£34.20	£26.99	OOS	£28.40	£30.24	£32.04
500	£26.64	£26.74	£32.16	£34.20	£26.90	OOS	£28.40	£30.00	£32.04
1000	£26.58	£26.68	£31.92	£34.20	£26.90	OOS	£28.40	£30.00	£32.04

😎

Better than anyone else, that's why I've been buying from Chards recently.

I know this thread is about silver, but another comparison (I bought the cheaper option of course):

2023 Australian Lunar Rabbit 1/10oz:

Atkinsons: £204!
https://atkinsonsbullion.com/gold/gold-coins/1-10oz-gold-coins/2023-australian-lunar-rabbit-1-10oz-gold-coin
Chards: £178
https://www.chards.co.uk/2023-lunar-rabbit-tenth-ounce-gold-coins/17141

Before anyone asks, no I don't work for Chards 🤣

Edited November 7, 2022 by ant1882

[TheShinyStuff]

17 minutes ago, ant1882 said:

Before anyone asks, no I don't work for Chards 🤣

Do you get free postage?

[dikefalos]

21 minutes ago, TheShinyStuff said:

Do you get free postage?

Yes, at the London Coin Company. And 5% on their $29.999,00 Silver Una/Lion

https://www.ebay.de/itm/185593559248?mkcid=16&mkevt=1&mkrid=707-127634-2357-0&ssspo=kdUyB6b6RHG&sssrc=2349624&ssuid=GvAU1AciTuy&var=&widget_ver=artemis&media=COPY 

🤞The buyer is not Barry.

 

[Orpster]

Atkinsons are not the company they once were, they were my 'go-to', dealer for a long time.

Apart from a handful of Vicky Shields which they did remain competitive on when they had stock I have not bought anything from them in the last 6 months. 

[Silverlocks]

4 hours ago, TheShinyStuff said:

I like the Perth S3 lunars, and am collecting the half, one and two oz silvers. Waiting for prices to calm down a little, but almost fell off my seat earlier when I saw this...

£56.35 an ounce for bullion! Even the RM wouldn't have the front to ask for that.

Same coin at Chards...

Thoughts, especially @LawrenceChard would be interesting.

It's not impossible that someone just fat fingered the data entry.  You could contact them and query the price.

[TheShinyStuff]

26 minutes ago, Silverlocks said:

It's not impossible that someone just fat fingered the data entry.  You could contact them and query the price.

Fair point, email sent.

[Silverlocks]

2 hours ago, Orpster said:

Atkinsons are not the company they once were, they were my 'go-to', dealer for a long time.

Apart from a handful of Vicky Shields which they did remain competitive on when they had stock I have not bought anything from them in the last 6 months. 

I think somebody might have just hoovered a bunch of Young Vics because they were on both Atkinsons and ATS yesterday and now gone.

[Orpster]

2 minutes ago, Silverlocks said:

I think somebody might have just hoovered a bunch of Young Vics because they were on both Atkinsons and ATS yesterday and now gone.

There was only one Young Head on Atkinsons at £365 yesterday - I know I bought it lol.  One of their items I have a stock alert set up for, forgot about that

Britannia Coins have some btw - but at £385

Edited November 7, 2022 by Orpster