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Tavex


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1 minute ago, VinylSloth said:

Anyone got their own 1g gold seems very cheap?

Lovely bars, think of a credit card with a gram of gold ingrained in it. Certainly wouldn't class them as very cheap, I'd consider them fairly priced, and the other brands expensive 😀 

I like to buy the pre-dip dip

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Agreed, I've dealt with Tavex on and off since they started in the UK, there prices were hella cheap then. But the service is good and pretty quick. 

The closer the collapse of an Empire, the crazier it's laws - Marcus Tullius Cicero

We had the warning in 2006-9 but central banks ignored it and just added new worthless debt to existing worthless debt to create worthless debt squared – an obvious recipe for disaster. - Egon von Greyerz

https://www.thesilverforum.com/topic/83864-uk-bank-regulations/

 

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2 hours ago, Fenlander1 said:

I think @bobskihas a few of them

Yes mate. I’ve had their gram carded bars and sovs from them. Packaging is superb too

Gold is the money of kings, silver is the money of gentlemen, barter is the money of peasants, and debt is the money of slaves

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3 hours ago, NGMD said:

I’m going to tag them so if you need anything then ask  @TavexBullion directly here.

Did. It know they were on here. Do we get a discount 😂

4 hours ago, James32 said:

Lovely bars, think of a credit card with a gram of gold ingrained in it. Certainly wouldn't class them as very cheap, I'd consider them fairly priced, and the other brands expensive 😀 

Well compared to other 1g

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11 hours ago, SeatonKev said:

I've bought from them a few times. Always gone perfectly well. I usually add a 1g bar to whatever I'm ordering to take advantage of the flat postage rate. 

A lovely idea to add a 1 gram bar to your order each time to help build up the gold pile, esp if you're on a budget. I'm tempted to treat myself to a 1 gram bar now. Oh why oh why do I read these threads. That's another £50 quid gone now lol.

Edited by CazLikesCoins
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  • 3 weeks later...

I haven't started stacking yet, still investigating the options and hold gold exposure through ETF/funds rather than physical in-hand, but want to expand to including physical gold as I lack confidence in paper-gold (even though ETF's may suggest they're backed by physical I believe that push-come-to-shove and that could all be vapourware).

TSF seemed like a good place to start, I liked the idea of where individual might trade directly between members and where that cut out the middle man, possibly where both parties were happy to buy and sell at 1% above spot (or whatever), eliminating the dealers spread.

However whilst looking around I came across Tavex, particularly noted as its just a tube ride away from me in South London. I like the Britannia one ounce gold choice for its tighter spreads and for instance recently (weekend timepoint)

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

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for 10+ coins I can buy for around 3% above spot (as indicated by the price shown at the top left of TSF) and sell back at a little under spot. Less than 3.5% round-trip cost.

I haven't yet, but I like the idea that I can also go and visit/buy in person, no postal risk/fees or insurance costs etc. and also being able to inspect/test each coin before handing over cash is nice. I'm assuming they wouldn't mind running a Sigma/whatever type test in front of me using their testers as part of that purchase process, which avoids having to outlay a couple of G's on buying ones own Sigma.

So for me that seems like the better route. I don't know what actual trading with other TSF members is like and I still remain a free-rider member rather than subscribing to TSF. Thoughts that concern me is that of receiving coins with flaws, or disputes, or if selling having a different coin returned to the one actually posted etc. And by the time you've paid the postage and packaging along with insurance etc. then the actual differences in costs might be relatively little. Also there's a paper trail, receipts with a actual dealer as evidence should HMRC investigate.

I get that trading with established TSF individuals with sound reputation history could work out well and that if it does work out at spot +1% + £15 PP and insurance say to buy, and the same spot +1% to sell, then at £1500/coin = 1% round trip cost rather than a 3.5% overhead. Is that more the actual/common case for general bullion/stacker type Britannia trades between TSF members?

 

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18 minutes ago, Bratnia said:

I haven't started stacking yet, still investigating the options and hold gold exposure through ETF/funds rather than physical in-hand, but want to expand to including physical gold as I lack confidence in paper-gold (even though ETF's may suggest they're backed by physical I believe that push-come-to-shove and that could all be vapourware).

TSF seemed like a good place to start, I liked the idea of where individual might trade directly between members and where that cut out the middle man, possibly where both parties were happy to buy and sell at 1% above spot (or whatever), eliminating the dealers spread.

However whilst looking around I came across Tavex, particularly noted as its just a tube ride away from me in South London. I like the Britannia one ounce gold choice for its tighter spreads and for instance recently (weekend timepoint)

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

spacer.png

for 10+ coins I can buy for around 3% above spot (as indicated by the price shown at the top left of TSF) and sell back at a little under spot. Less than 3.5% round-trip cost.

I haven't yet, but I like the idea that I can also go and visit/buy in person, no postal risk/fees or insurance costs etc. and also being able to inspect/test each coin before handing over cash is nice. I'm assuming they wouldn't mind running a Sigma/whatever type test in front of me using their testers as part of that purchase process, which avoids having to outlay a couple of G's on buying ones own Sigma.

So for me that seems like the better route. I don't know what actual trading with other TSF members is like and I still remain a free-rider member rather than subscribing to TSF. Thoughts that concern me is that of receiving coins with flaws, or disputes, or if selling having a different coin returned to the one actually posted etc. And by the time you've paid the postage and packaging along with insurance etc. then the actual differences in costs might be relatively little. Also there's a paper trail, receipts with a actual dealer as evidence should HMRC investigate.

I get that trading with established TSF individuals with sound reputation history could work out well and that if it does work out at spot +1% + £15 PP and insurance say to buy, and the same spot +1% to sell, then at £1500/coin = 1% round trip cost rather than a 3.5% overhead. Is that more the actual/common case for general bullion/stacker type Britannia trades between TSF members?

 

if you go  into Tavex shop to buy make sure you take I.D....

It does not matter how slowly you go so long as you do not stop.

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