Royal Mint Black Friday Weekend

[Britannia47]

1 hour ago, fehk2001 said:

But he told me he is Saudi Prince 

That is correct. Where do you think @James32 gets his gold from?…..😀

 

[silverJEF]

Just now, Leonmarsh said:

What if spot drops ? But again what if we go to the moon 

If it drops does it become a liability but interestingly if it mooned does it become a liability i.e unliquid if it say doubled in 12 months 

I suppose every asset will face the same issues ime if property doubled no one would buy or sell 

 

 

 

 

these bars will not sell for less than £256 each. its a win win.

[FriedrichVonHayek]

Just now, silverJEF said:

best hope they dont charge you a fee fir buying from royal mint. i tried once and they classed it as me buying cash 😨

I had that once happen when I used a Tesco Credit Card, Royal Mint blamed Tesco and vice versa.

I've only bought a couple of bars for that reason.

[Gruff]

1 minute ago, FriedrichVonHayek said:

I've only bought a couple of kilo bars for that reason

Show off  

[silverJEF]

also ive seen on my xmas bars they are saying shipping late december . 😁

[Leonmarsh]

Just now, silverJEF said:

these bars will not sell for less than £256 each. its a win win.

Without doubt if you sell now if not make a small profit 

I maybe weird well I know I am but my salary is 85k a year not sure why the hourly rate is but say £40 an hour something like that 

I occasionally get consultancy work at £500 a day so always consider my time as worth something 

I spend 5 mins wrapping , 40 mins back and two to the post office, and so on 

That profit is lost in time, 

Done a few research papers over the years on time on motion and people don't really see time as a cost

Hance for me sometimes I take a small loss balancing this against my time 

I think some of the 5g went for 270, 275 so say 20 quid more that's half an hour of time 

Interests me all this 

 

[CoinCupboard]

Christmas bars shipping early January. 

Bit early for Christmas 2024 is it not? 

[SiCole]

7 minutes ago, Leonmarsh said:

What if spot drops ? But again what if we go to the moon 

If it drops does it become a liability but interestingly if it mooned does it become a liability i.e unliquid if it say doubled in 12 months 

I suppose every asset will face the same issues ime if property doubled no one would buy or sell 

 

 

 

 

People always need a place to live tbh and not a piece of metal to look at. Thats why the lower end of the market is still strong.

If the market tried to double in property it couldn't as too many people would be getting out (myself included as its a headache).

[Upsidedown]

Soon as I get my bars I'm gonna just flip em for ~275 hopefully. The 50p I'll chuck in the loft and forget about.. maybe it'll be worth a few quid in 30 years. Maybe it'll be worth 50p. Who knows.

[Leonmarsh]

1 minute ago, SiCole said:

People always need a place to live tbh and not a piece of metal to look at. Thats why the lower end of the market is still strong.

If the market tried to double in property it couldn't as too many people would be getting out (myself included as its a headache).

Fair point 

Great stuff all thanks for contributing interesting discussion to me anyway

Just now, Upsidedown said:

Soon as I get my bars I'm gonna just flip em for ~275 hopefully. The 50p I'll chuck in the loft and forget about.. maybe it'll be worth a few quid in 30 years. Maybe it'll be worth 50p. Who knows.

Yup if you flip 5 your up 100 quid or more 

Better than I do lol 

[CoinCupboard]

Also, little treasures just became unavailable. 

[SiCole]

20 minutes ago, Britannia47 said:

That is correct. Where do you think @James32 gets his gold from?…..😀

 

That actually was him in his halloween outfit. You can tell if you look closely - accent gives him away...

[Thomast]

Im flipping mine for 270 each race ya to the bottom

15 minutes ago, Upsidedown said:

Soon as I get my bars I'm gonna just flip em for ~275 hopefully. The 50p I'll chuck in the loft and forget about.. maybe it'll be worth a few quid in 30 years. Maybe it'll be worth 50p. Who knows.

 

[fehk2001]

30 minutes ago, Britannia47 said:

That is correct. Where do you think @James32 gets his gold from?…..😀

 

Obviously …. Black gold 

[silverJEF]

im going 268 plus post mate byeeee.........

[Leonmarsh]

1 minute ago, Thomast said:

Im flipping mine for 270 each race ya to the bottom

 

Your gonna end up with the 50p lol 

[silverJEF]

1 minute ago, Thomast said:

Im flipping mine for 270 each race ya to the bottom

 

 

[Upsidedown]

I'm gonna pay someone £50 to take them beat that

Edited November 25, 2023 by Upsidedown

[SlowFrog]

I don't like bars but I bought them because they were at spot with free delivery, they're pure gold, and most importantly I know they're genuine and I'll be able to prove it with the receipts should I wish to sell them on. That makes them highly liquid and I'd rather have my wealth in gold than fiat. The value of cash is going down by the day and yet the overall trend for gold is upwards..

No brainer as far as I'm concerned! Plus a free 50p!

 

 

[HonestMoneyGoldSilver]

The RM is sold out already. When every other dealer is sold out 1-2 weeks before Christmas you can name your price! 

[Thomast]

Just now, HonestMoneyGoldSilver said:

The RM is sold out already. When every other dealer is sold out 1-2 weeks before Christmas you can name your price! 

£320 plus post now am I rich 🤑 

[Petra]

Anything going to make it into the Christmas draw?😮🤔🤔😂

[ccfcpaul]

jesus, looks like im late to the party on these!

[Leonmarsh]

11 minutes ago, HonestMoneyGoldSilver said:

The RM is sold out already. When every other dealer is sold out 1-2 weeks before Christmas you can name your price! 

Who too every bugger has bought one lol 

[ccfcpaul]

Just now, Leonmarsh said:

Who too every bugger has bought one lol 

not me!!