UK Bullion dealers

[NGMD]

2 minutes ago, NGMD said:

The best thing is that you’ve posted the message and probably got another £50 for doing so. Use BYB because he’ll shift it- no nonsense or complications.

An addition to that…. Pay for one months membership, shift everything you need to but expect to post first to established members. More money for you.

[Goldbrittanialover]

Yes this forum seems to be working a very different way to how it did when I was here last. I sent the coins after payment, like with ebay, putting the risk on the buyer mostly. Now it's the seller that sends the goods first, before payment is made, putting the risk the other way around.

 

Quite odd, but presumably the times have changed, there are a lot of trade sellers on here who are reputed sellers, with lots of stock and reputations to keep. So it's shifted with the times, in a good way for all buyers. But perhaps not the small time sellers. Seems like it's impossible for a small collector to sell a coin for what he pay for it, which comes back to maybe I need to start buying coins from here and join. eBay I think is the worst offender now of the lot! 12.5% seller fees 😱

[Goldbrittanialover]

I do quite like the forum and the people are pretty friendly and helpful 😁

[BackyardBullion]

My buyers club is dead simple.

You pay postage to send the coin to me.

You pay me £25

I send it out to my 1000+ newsletter and other social media

Someone wants to buy, they pay you for the coin, me for postage.

You check funds received, that's it.

I post out to new owner.

[Goldbrittanialover]

Brilliant sent another email, but you have clarified the secondary postage part here.

[James32]

9 minutes ago, Goldbrittanialover said:

Yes this forum seems to be working a very different way to how it did when I was here last. I sent the coins after payment, like with ebay, putting the risk on the buyer mostly. Now it's the seller that sends the goods first, before payment is made, putting the risk the other way around.

 

Quite odd, but presumably the times have changed, there are a lot of trade sellers on here who are reputed sellers, with lots of stock and reputations to keep. So it's shifted with the times, in a good way for all buyers. But perhaps not the small time sellers. Seems like it's impossible for a small collector to sell a coin for what he pay for it, which comes back to maybe I need to start buying coins from here and join. eBay I think is the worst offender now of the lot! 12.5% seller fees 😱

Things are quite simple tbh, if looking to sell yourself..just offer to post first to high feedback members ( price coin fairly and it will sell eventually) you will only need to do this a few times to build up your reputation.

Alternatively send to BYB and he does the leg work and gets you the funds you require, likely faster than you could sell yourself due to his reach.

Seriously look into a membership though,it will pay for itself over and over on money saved whether buying or selling.

[Bigmarc]

7 minutes ago, Goldbrittanialover said:

Yes this forum seems to be working a very different way to how it did when I was here last. I sent the coins after payment, like with ebay, putting the risk on the buyer mostly. Now it's the seller that sends the goods first, before payment is made, putting the risk the other way around.

 

Quite odd, but presumably the times have changed, there are a lot of trade sellers on here who are reputed sellers, with lots of stock and reputations to keep. So it's shifted with the times, in a good way for all buyers. But perhaps not the small time sellers. Seems like it's impossible for a small collector to sell a coin for what he pay for it, which comes back to maybe I need to start buying coins from here and join. eBay I think is the worst offender now of the lot! 12.5% seller fees 😱

I think you may be over thinking it a little. I bought some silver last month on here and had to pay up front and equally I have managed to sell 5 sovereign's in one hit and was paid before sending even tho I had little feedback. 

I think with eBay you pay the 12.5% so you can reach a wider audience. So this has its merits to. 

Your local shop (would be my preference). Is risk free and instant. 

Byb seems to be the happy medium and would be interested to see how it goes for you. 

 

[Goldbrittanialover]

13 minutes ago, Bigmarc said:

I think you may be over thinking it a little. I bought some silver last month on here and had to pay up front and equally I have managed to sell 5 sovereign's in one hit and was paid before sending even tho I had little feedback. 

I think with eBay you pay the 12.5% so you can reach a wider audience. So this has its merits to. 

Your local shop (would be my preference). Is risk free and instant. 

Byb seems to be the happy medium and would be interested to see how it goes for you. 

 

I shall let you know, hard to sell anywhere it seems at spot or the price you pay. The volatility at the moment is great for buying dips and I've been capitalising hard, but if your a seller looking to liquidate an unwanted coin you can't really do much to time the markets. I did really miss an opportunity 2 weeks ago though but I didn't have the cash 😭.

[Goldbrittanialover]

New 2024 britannia just released too!

[Spyder]

29 minutes ago, Goldbrittanialover said:

 I did really miss an opportunity 2 weeks ago though but I didn't have the cash 😭.

You may have missed an opportunity to buy, but now you are selling so hit an excellent time to sell. 

By the way ebay fee is 12% if you don't do no research. If you wait for when they do 80% fee discount, it only works out at 2.68% off your selling price.

Like has been said many times, pay your subs here for one month and what you save in buying, pays for itself on your very first purchase.

[Bigmarc]

6 hours ago, Spyder said:

If you wait for when they do 80% fee discount, it only works out at 2.68% off your selling price

I find if you start listening a few items and keep it in your draughts those 80% offers come quiet quickly. Not overly sure I would risk 1oz of gold tho. 

[9x883]

Selling:

BYB £25 + Postage. Follow his instructions, post tomorrow. It'll be sold by Tuesday, with cash before the day's out. Used him before joining SF, highly recommended. 

Silver Forum

Sell to established members with heaps of trading feedback. 

Other modes of selling will likely result in receiving less than spot.

People are probably sitting on the fence with big buys this weekend as spot took a quantum leap on Friday. Unless your price is amazing most will probably wait and see what's happening with spot from 11pm.

1oz brits have been quite hard to shift of late. I believe there's already one at spot sitting on the forum. At most sell 1/1.5% over spot, delivered, otherwise it will probably collect dust!

[Spyder]

4 hours ago, Bigmarc said:

I find if you start listening a few items and keep it in your draughts those 80% offers come quiet quickly. Not overly sure I would risk 1oz of gold tho. 

This is true, they come every second Friday. I too would not risk an ounce of gold on ebay, unless it was local pickup only with cash payment.