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oliversw5

Premium Member
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Everything posted by oliversw5

  1. Price reduction, Im down to 13.
  2. Hello, They are simply bullion, nothing special about any of them. Price as title suggests Usual payment terms. BT/FF/GS (plus4%) All the best Shaun
  3. Sadly not, nothing newer than the 70s
  4. Carillion Bust

    I still think the ftse will hit 8000. Gut feeling mind you.
  5. eBay & Coin Market Values

    The BUY IT NOW benchmark is the price that dealers will price at, on new coins the price is very narrow as competition is hot. On old coins the BIN benchmark is very wide. the benchmark has validity though because people who are not professional sellers will always price near a professional price (or they should be). I will add to this actually. With new coins, if you price above the benchmark you probably won't sell. As an individual wanting to sell on eBay you need to come under just under the benchmark to sell a coin. Why would someone buy from a member of the public when they can buy from a well respected dealer at the same price? your reputation as a dealer is paramount and people will gravitate towards you. The price is a constant tandem of different market forces, such as spot price, competition and competitive advantage. A dealer can only come down so much in price before it harms not only himself but all the other dealers involved. For an individual to really pick up a bargain I would suggest an auction or buying peer to peer. If you are paying the BUY IT NOW price you are paying spot plus manufacturing plus dealers cut plus postage, that is for new coins. With old coins, dealers have more sway over price and will charge a higher mark. This is done because backdated coins in good condition are hard to find. I often buy from dealers the world over and try and 'bully' them into getting the best price possible. I charge a higher mark up because firstly its higher risk for me, the reason the dealers will sell in large is because its left over stock they can't shift on most occasions and secondly as long as I stick to the BIN benchmark set by others my mark up is determined by the skill I have in getting the price I want. Going back to the original posters question. Value is a spectrum, there is no such thing as a price but a spectrum of prices that one can buy at. At one end is Ebay and the other end is peer to peer with everything in-between (such as online dealers, auctions, antiques etc etc), its not eBay is expensive as its relative. In your case you are looking in the wrong place as you are after value, eBay simply provides a mechanism for buyers and sellers and charges a fee on top. Not everyone is an investor and some people will see it as money spent and not expect a return on a coin whatsoever.
  6. eBay & Coin Market Values

    Im not from the states but I buy and sell a lot with an increasing presence on eBay. I built my business model on beating eBay. The way forward is to buy peer to peer, but when buying coins on eBay, the real issue is the fees. I can sell on eBay for the benchmark BIN price and make more money but to me it doesnt feel right to do so. What you need to consider is that I don't pay VAT (yet) as soon as I add it on the chances are its not greed on the sellers behalf but ebays. Just my 2 cents
  7. NK gold coins

    Hi Gazer, I am was pretty shocked at how good some of the coins were. Some are poor compared to international standards but they are a topic of interest.
  8. Id go for the 2oz bar. Feels better in hand.
  9. wanted Lunar 2 GOLD 1/10th Oz

    Yea, I am pretty short on lunars atm, if I come across more I will drop you a line.
  10. completed Empty Sovereign Tubes

    I have 2 I can do
  11. wanted Lunar 2 GOLD 1/10th Oz

    Hello, I only have the Tiger in atm for the 1/10 size. I have 1/20 oxes in but thats probably not what you are looking for Thanks for the tag Barney Shaun
  12. wanted 1957 or 1958 Gold Sovereign

    Suit yourself. good luck with your purchase. Im going back to facebook, this forum has gone downhill and a bit of a joke these days.
  13. wanted 1957 or 1958 Gold Sovereign

    Ill add, I don't think Ive ever seen HH, he is usually quite factual in how he posts...
  14. wanted 1957 or 1958 Gold Sovereign

    I am observing this thread with no bias. TBH I don't care for the tit for tat...BUT Im with BullionBilly when I read that question I thought it was a genuine question posed to you and not trolling. You asked for something very specific in your post and I thought it was genuinely asking. Collectors are very fickle believe me I know and some people do want to go the extra mile, I think you just took it as an insult.
  15. sovereign ngc and graded

    Hi Ash, Welcome to the forum, I have a 1883M AU55 George and dragon if that tickles your fancy. Shaun
  16. I pulled all my funds from the stock market and went 100% PMs, you can still benefit from the market via spread betting and futures etc. Why hold the risk when you can pay a small premium for the upside?
  17. wanted Pamp Storage Case

    Atkinsons, ask nicely
  18. wanted Looking for tube and capsules?

    Ive misread that! I thought you were after RM Tubes. Sorry!
  19. wanted Looking for tube and capsules?

    I can do you 2 tubes for a fiver if that helps?
  20. completed 100g silver bar

    Ollies silver bars
  21. NK gold coins

    Firstly, I would like to wish yourself and everyone else a happy new year. I would also like to say yes you did hit a nerve and Ill explain, when you write this "If you're buying North Korean currency, you're financing a hostile weapons programme and propping up a regime" its going to get peoples backs up. I know for a fact that the minimum chain of buyers is 4. I bought from my guy who bought a job lot from an auction. I don't have to justify my purchases to anyone, they are accounted for and taxed accordingly. Buying NK coins is not illegal, the UN sanctions don't extend to these items. I would also like to add that a very prominent member of this forum who is both well respected and has a very large following on youtube bought into these coins also. I won't mention names but I have heard on good authority he bought them, I asked my supplier if anyone else had bought from him and he told me that this guy had bought from his partner. I also know for a fact if his guy had been writing on this thread you wouldnt have said anything. Funny how politics works is it not?!? So no I don't need to justify myself and no I don't feel bad because I am not funding any regime it is a ridiculous statement at best and a retarded statement at worst. I am a hardworking, tax paying guy who buys and sells coins - a bit of perspective wouldn't go amiss. I have no intention of furthering this thread, I wanted to help someone on this thread and share my enthusiasm for coins and yet again what I say has been derailed by someone else. All the best Shaun Bin Laden
  22. NK gold coins

    For the record though, as I have been dragged into this. I don’t agree with Kim jung un but then again I don’t agree with trump and I don’t agree with xi or Putin or even macron and his federalist views but lets get some perspective here. I’m not out there hating peoples or pushing my agenda or being a nationalist, I’m enjoying a hobby with people from all classes and all walks of life..