My BullionByPost experience :)

[Alex]

Hi all,

I would like to share my experience with BullionByPost as they were the last to try.I haven't had much luck in the past trying to get the best condition for the coins I want to be in top condition.

I sent them an email first,asking about the condition of their 2022 gold buffalo.I told them that I had bad experience with other online bullion dealers,that coins which were described as mint state were drilled,acid tested...

They said there can be marks occasionally in the Buffalo coins ,but they certainly wouldn't sell a coin that had been drilled or acid tested.

I have tried to find a buffalo here on thesilverforum to buy but I got only one offer for a Buffalo that was badly scratched and at same price BullionByPost had on stock.

Thinking that I can't get a worse condition than the one offered on thesilverforum I went ahead and placed an order for a 2022 mint state gold Buffalo from BullionByPost.

To my surprise,the coin arrived in a perfect fit capsule and couldn't believe that I finally got a top condition gold Buffalo.I'm not an expert but seems to be an MS69.

I'm very happy with the condition of the gold buffalo and that finally,with the pre 1942 gold indians,the family is reunited.

Thank you very much BullionByPost.

[modofantasma]

What a coin. Always had great service from them too 

[Solachesis]

Glad you had a good experience, they sent me out an awful coin once, but replaced it, didn't reimburse me for postage though. 

[Alex]

2 minutes ago, Solachesis said:

Glad you had a good experience, they sent me out an awful coin once, but replaced it, didn't reimburse me for postage though. 

The other bullion dealer that sent me the drilled and acid tested buffalo refunded me ,could not replace it and I have not bought a buffalo since.

I paid £1000 for that acid tested and drilled buffalo and this Thursday I paid £1600 for this beauty.

Transitory inflation they say...

[Solachesis]

6 minutes ago, Alex said:

The other bullion dealer that sent me the drilled and acid tested buffalo refunded me ,could not replace it and I have not bought a buffalo since.

I paid £1000 for that acid tested and drilled buffalo and this Thursday I paid £1600 for this beauty.

Transitory inflation they say...

Can't believe they'd send that out. I imagine you never shopped with them again! 

[Alex]

4 minutes ago, Solachesis said:

Can't believe they'd send that out. I imagine you never shopped with them again! 

Never did after

[James32]

Stunning coin and glad you got sorted.

Still my favourite bullion coin, something nostalgic about them. 

[Solachesis]

15 minutes ago, James32 said:

Stunning coin and glad you got sorted.

Still my favourite bullion coin, something nostalgic about them. 

I didn't like it at first, but it grew on me. İt looks how I imagine gold rush coins would look, if they had the technology of today

[James32]

2 minutes ago, Solachesis said:

I didn't like it at first, but it grew on me. İt looks how I imagine gold rush coins would look, if they had the technology of today

Yeah once In hand you will understand it, layered/high relief and incuse lettering.

 

[QuantumStacker]

Great coins hard to beat. 

[Zeuk]

Sorry to ask but what exactly does drilled mean?

[James32]

Just now, Zeuk said:

Sorry to ask but what exactly does drilled mean?

Some coins can be heavily plated, so would fail an acid test. So sometimes a moron drills into the coin (usually on thicker bars) then acid tests the filings. 

[Zeuk]

1 minute ago, James32 said:

Some coins can be heavily plated, so would fail an acid test. So sometimes a moron drills into the coin (usually on thicker bars) then acid tests the filings. 

lol, I did wonder if it was a literal translation... what an odd thing to do to a coin, surely if you're going to be buying enough to be bothered with acid testing you'd cough up for some tech to help the testing process.

[James32]

Just now, Zeuk said:

lol, I did wonder if it was a literal translation... what an odd thing to do to a coin, surely if you're going to be buying enough to be bothered with acid testing you'd cough up for some tech to help the testing process.

In fairness I doubt it was the bullion dealer who did it, probably a pawn shop or suchlike. Then they sold it as gold weight to the dealer. 

Dealer is still a plonker for trying to pass it on to a customer though. 

[Zeuk]

7 minutes ago, James32 said:

In fairness I doubt it was the bullion dealer who did it, probably a pawn shop or suchlike. Then they sold it as gold weight to the dealer. 

Dealer is still a plonker for trying to pass it on to a customer though. 

Aye, understand.  Have to say though, even if you're not going balls deep into metals as a career picking up a sigma seems like a pretty reasonable investment, when you start to consider the fees and overheads if you're buying and selling funds over your life time its not so bad.

Edited December 2, 2022 by Zeuk

[Alex]

1 hour ago, Solachesis said:

I didn't like it at first, but it grew on me. İt looks how I imagine gold rush coins would look, if they had the technology of today

My thoughts exactly

[James32]

12 minutes ago, Zeuk said:

Aye, understand.  Have to say though, even if you're not going balls deep into metals as a career picking up a sigma seems like a pretty reasonable investment, when you start to consider the fees and overheads if you're buying and selling funds over your life time its not so bad.

Completely agree 👍 

[Stuntman]

The Buffalo is far and away my favourite non-UK 1oz gold bullion coin.  

Well done OP, I'm really pleased you're happy!

As for BBP, I have received excellent coins from them (with one exception about seven years ago) and their delivery service has been exemplary.  I'm very happy with their service but I don't often use them because their prices are often a bit higher than other reputable dealers.  I will definitely continue to use them, selectively.

[Britannia47]

Couldn't resist a photo. Looks good, feels good, just feel those sharp edges!  My favourite just for handling - Both sides are interesting. as well....❤️