Jump to content
  • The above Banner is a Sponsored Banner.

    Upgrade to Premium Membership to remove this Banner & All Google Ads. For full list of Premium Member benefits Click HERE.

  • Join The Silver Forum

    The Silver Forum is one of the largest and best loved silver and gold precious metals forums in the world, established since 2014. Join today for FREE! Browse the sponsor's topics (hidden to guests) for special deals and offers, check out the bargains in the members trade section and join in with our community reacting and commenting on topic posts. If you have any questions whatsoever about precious metals collecting and investing please join and start a topic and we will be here to help with our knowledge :) happy stacking/collecting. 21,000+ forum members and 1 million+ forum posts. For the latest up to date stats please see the stats in the right sidebar when browsing from desktop. Sign up for FREE to view the forum with reduced ads. 

Recommended Posts

Posted
1 hour ago, Bigcheesy123 said:

How much should I be asking for? And sold I even sell at this time?

Morning. 

Whether or not you should sell depends on your plan for stacking or collecting. If you need the money for something else and selling some of your gold is the way to do it then you've got to do what you've got to do...

As for an asking price spot is £ 1547 as I type. You'll want to sell above this by a few % but below the best dealers price that has stock, assuming coin is in nice condition. 

If you price too high nobody will buy it but you can always lower the price gradually after a few days if needed. Price on the low side it will be bought likely within the hour on here. 

For eg... I can get a 1 Oz gold Britannia 2023 from Tavex at £1620 delivered. If you price the same then I'm just going to go to the dealer with a good reputation built up over years instead of taking a risk with a relatively unknown member on the forum. Some members will perhaps take the risk over £10 some £30 and some just wouldn't but hopefully this gives you what you need to make a reasonable decision

 

 https://tavexbullion.co.uk/gold/1-oz-britannia-gold-coin-2023/

Posted
7 hours ago, modofantasma said:

Morning. 

Whether or not you should sell depends on your plan for stacking or collecting. If you need the money for something else and selling some of your gold is the way to do it then you've got to do what you've got to do...

As for an asking price spot is £ 1547 as I type. You'll want to sell above this by a few % but below the best dealers price that has stock, assuming coin is in nice condition. 

If you price too high nobody will buy it but you can always lower the price gradually after a few days if needed. Price on the low side it will be bought likely within the hour on here. 

For eg... I can get a 1 Oz gold Britannia 2023 from Tavex at £1620 delivered. If you price the same then I'm just going to go to the dealer with a good reputation built up over years instead of taking a risk with a relatively unknown member on the forum. Some members will perhaps take the risk over £10 some £30 and some just wouldn't but hopefully this gives you what you need to make a reasonable decision

 

 https://tavexbullion.co.uk/gold/1-oz-britannia-gold-coin-2023/

Is it even 1oz 😆 

I like to buy the pre-dip rise.

Posted
9 hours ago, Bigcheesy123 said:

selling my 2020 gold queen Elizabeth coin

 

Just now, modofantasma said:

Ahh good question... I assumed so. Obviously if not then maths will need adjusting. If there are any budding mathletes who want to take the reins feel free 

Could be a one tenth, and you have just built hope ups.

I like to buy the pre-dip rise.

Posted

The most competitive dealer price right now for standard bullion 1 oz Gold coin is Tavex Bullion spread above spot at 4.54%. You divide the spread in 2 = 2.27% sell above spot plus postage = £1571.51

https://tavexbullion.co.uk/gold/1-oz-britannia-gold-coin-2023/

As a seller you would obtain better price than if you would sell to a dealer (I believe Chards paying the best dealer price) currently £1541

https://www.chards.co.uk/blog/sell-gold-britannia-coins/275

and offer the incentive to the buyer purchase from yourself more at reasonable percentage above spot. This would be the price I would be willing to buy if I was in the market right now and the price I would be willing to sell if I was a seller which is a fair price for both buyer/seller.

 

Posted
10 hours ago, modofantasma said:

Morning. 

Whether or not you should sell depends on your plan for stacking or collecting. If you need the money for something else and selling some of your gold is the way to do it then you've got to do what you've got to do...

As for an asking price spot is £ 1547 as I type. You'll want to sell above this by a few % but below the best dealers price that has stock, assuming coin is in nice condition. 

If you price too high nobody will buy it but you can always lower the price gradually after a few days if needed. Price on the low side it will be bought likely within the hour on here. 

For eg... I can get a 1 Oz gold Britannia 2023 from Tavex at £1620 delivered. If you price the same then I'm just going to go to the dealer with a good reputation built up over years instead of taking a risk with a relatively unknown member on the forum. Some members will perhaps take the risk over £10 some £30 and some just wouldn't but hopefully this gives you what you need to make a reasonable decision

 

 https://tavexbullion.co.uk/gold/1-oz-britannia-gold-coin-2023/

Thanks man, this is my first time hearing of Tavex I have never used them before are the reliable?

Posted
2 hours ago, modofantasma said:

Ahh good question... I assumed so. Obviously if not then maths will need adjusting. If there are any budding mathletes who want to take the reins feel free 

Yea lol my mistake, it is a ounce 

 

50 minutes ago, Abyss said:

The most competitive dealer price right now for standard bullion 1 oz Gold coin is Tavex Bullion spread above spot at 4.54%. You divide the spread in 2 = 2.27% sell above spot plus postage = £1571.51

https://tavexbullion.co.uk/gold/1-oz-britannia-gold-coin-2023/

As a seller you would obtain better price than if you would sell to a dealer (I believe Chards paying the best dealer price) currently £1541

https://www.chards.co.uk/blog/sell-gold-britannia-coins/275

and offer the incentive to the buyer purchase from yourself more at reasonable percentage above spot. This would be the price I would be willing to buy if I was in the market right now and the price I would be willing to sell if I was a seller which is a fair price for both buyer/seller.

 

Tanks for taking the time man 

Posted
2 hours ago, modofantasma said:

Yep. Many members on here shop there regularly. 

Thank you, It’s these tips that make the difference sometimes, I had a very hard time in the beginning finding low premiums. I’m going to take a we look on the site now.

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
×
×
  • Create New...

Cookies & terms of service

We have placed cookies on your device to help make this website better. By continuing to use this site you consent to the use of cookies and to our Privacy Policy & Terms of Use