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BullionBuyer

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  • Posts

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  • Country

    United Kingdom

Reputation Activity

  1. Like
    BullionBuyer reacted to dicker in Ellerby: Gold coins found hidden under kitchen floor sell for £754,000   
    Start with the garden….
  2. Like
  3. Haha
    BullionBuyer reacted to Bogart in Ellerby: Gold coins found hidden under kitchen floor sell for £754,000   
    I know nothing there as I buried the wife there years ago, oops.
  4. Like
    BullionBuyer got a reaction from Zhorro in Ellerby: Gold coins found hidden under kitchen floor sell for £754,000   
    https://www.bbc.co.uk/news/uk-england-humber-63179607
     
     
  5. Like
    BullionBuyer reacted to Darr3nG in Gold coins hidden in 7th Century found in wall   
    I tried that, last week in Blackpool... still nothing!
  6. Like
    BullionBuyer reacted to LawrenceChard in Gold coins hidden in 7th Century found in wall   
    You could buy a metal detector!
    😎
  7. Like
    BullionBuyer reacted to Darr3nG in Gold coins hidden in 7th Century found in wall   
    New builds, eh?
  8. Like
    BullionBuyer reacted to marston59 in Gold coins hidden in 7th Century found in wall   
    So far this year I've been told to pull down the ceiling dig up the floor and now knock down the walls, but still no coins.
  9. Like
    BullionBuyer reacted to Pete in Requesting advice on where best to sell gold proof coins   
    Thanks @Tn21
    I am afraid you may end up facing reality when it comes to selling proof coins that you believe are worth much more than bullion.
    I tried to sell a considerable amount of stunning, perfect gold sovereigns, boxed sets, Britannia's and boxed sets a couple of years ago.
    Firstly on the forum - I ended up selling a significant percentage but at 1% over spot only.
    I had regular buyers and they were not interested in certificates or boxes and I thought buying a boxed set would enhance their value but apparently not so.
    The best prices from any dealers were 98% of spot whilst the same sets shown on their websites at twice this price, however they were not selling at these prices and one dealer offered me to buy his boxed sets at 3% over spot, regardless of the advertised prices.
    In frustration one day I took a large carrier bag of unsold gold coin sets to Hatton Garden in London.
    Their best price that day was 97.5% of spot.
    Every coin was in FDC condition so I handed them over but kept the boxes thereby intentionally breaking up the sets.
    I only wish I had kept the screw capsules as well as I felt I was being fleeced.
    I still have a lot of empty boxes and certificates which I would rather sell at some stage rather than scrap.
    Times change, prices change, opportunities arise and decline so I can only tell you what happened to me.
    I think when gold is at a high, buyers are reluctant to pay much over spot.
    If gold plummeted 15-25% from where it is today, then I believe buyers will pay more especially for nicer coins believing they are getting a bargain.
    You might strike it lucky but I fell in love with my proof coins, was happy paying a hefty premium at the time of purchase etc. believing that a 20-30% premium over bullion would stick.
    It didn't, so I stay well clear of buying premium proofs nowadays as lesson learned.

    Some key dates and sought after coins and sets will retain a numismatic / collector premium but you need to research this thoroughly and not just look up well know sites to see what prices they list on their websites as an indicator of value. There will always be the exception to what I describe but that's down to luck and finding a buyer at the moment.
  10. Like
    BullionBuyer reacted to Britannia47 in Sovereign Photo Thread...   
    A Sovereign collectors 'bits and bobs'  except for the Radio licence tube £1 containing 40 sixpences!
     
     

  11. Like
    BullionBuyer reacted to Abyss in Buy Gold or wait   
    https://www.mirror.co.uk/news/weird-news/couple-renovating-home-find-treasure-26184266.amp
     
    This article in my news feed can you imagine amount of Gold oz this saver could have purchased back in 1934 with $45,000 instead money keep in fiat worth the same $45,000 todays money gone towards reducing the mortgage by a fraction.
    Done the sums 1934 gold $34.69 equals 1297 oz Gold or in todays money equivalent $2,433,172. The article does not highlight the unbelievable loss saver experienced in purchasing power by holding onto fiat currency.
  12. Thanks
    BullionBuyer got a reaction from Dankanugget in Buy Gold or wait   
    Great advice by @Tn21 if you are interested in precious metals for the long term. For me what matters is not what I pay but how much do I have. Short term fluctuations in price is just a distraction and we all know that PM prices  are trending up over the long term. 
  13. Haha
    BullionBuyer reacted to HerefordBullyun in In a SHTF situation what plan do you have for getting your stack from your storage space?   
    Oxyaceltine cutter, concrete cutter, bolt croppers, knifes and guns.... and a massive side of attitude!
  14. Like
    BullionBuyer reacted to matt1r in Today I Received.....   
    Both in hand now 😀

  15. Haha
    BullionBuyer reacted to HerefordBullyun in Why hold Gold….just look at Turkey   
    The gospel according to St Jerome the Bellend
    Chapter 1:
    Inflation is our Lord and Master
    I shall print more to avoid disaster
    When the markets are down
    For I am a fecking clown
    If you think there are troubles
    Its no problem, I create bubbles
    When tech and Stocks pop
    You lot will be in the plop
    But dont worry I wil be at heavens gates
    Making millions with my elite mates  
    But you the common man 
    Will be right down the s***pan!
    Amen
  16. Haha
    BullionBuyer reacted to paulmerton in 2022 Platinum Jubilee SOTD Sovereign   
    I also bought a postcard yesterday just before leaving.
    Rumour has it that these are all 1,200 of the SOTD sovereigns being carefully stored prior to packaging  

  17. Haha
    BullionBuyer reacted to Oddjob in 2022 Platinum Jubilee SOTD Sovereign   
  18. Like
    BullionBuyer reacted to Shep in 2022 Platinum Jubilee SOTD Sovereign   
    You join it, and then you end up like this with no coins.

  19. Like
    BullionBuyer got a reaction from Happypanda88 in Czechs have twice as much gold at home than Czech National Bank   
    Yes - they redefine gold stacking. Multi-generational stackers!!!!!
  20. Like
    BullionBuyer got a reaction from Griffo in Czechs have twice as much gold at home than Czech National Bank   
    Yes - they redefine gold stacking. Multi-generational stackers!!!!!
  21. Like
    BullionBuyer got a reaction from Roy in Czechs have twice as much gold at home than Czech National Bank   
    Yes - they redefine gold stacking. Multi-generational stackers!!!!!
  22. Like
    BullionBuyer reacted to daca in Czechs have twice as much gold at home than Czech National Bank   
    In jewellery form.
    Thousands and thousands of tons.
    Just China's middle class is over 500 millions persons, that is a lot of disposable income.
  23. Like
    BullionBuyer reacted to Paul in Czechs have twice as much gold at home than Czech National Bank   
    Its not hard wired into western DNA but is in the far East and india, and places that have lived through hyper inflation (or turkey, pre war Germany) 
    The type of hyper inflation we could very easily experience in any safe western war free country anytime soon
  24. Like
    BullionBuyer got a reaction from James32 in Czechs have twice as much gold at home than Czech National Bank   
    Yes - they redefine gold stacking. Multi-generational stackers!!!!!
  25. Like
    BullionBuyer got a reaction from Paul in Czechs have twice as much gold at home than Czech National Bank   
    It makes you wonder how much gold is held in private hands in countries like China and India. 
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