Where Do you buy your Bullion?

[craig12]

e bay mainly never give more than £13-£14 per oz  

[LittleJohnSilver]

1 hour ago, BackyardBullion said:

Last time I asked they would not price match - in theory we could use them for group orders in the future.

For the moment it is the EU mint, then probably back to GS.be next month.

That's a shame. With any luck that'll change as the group buys become bigger!



 

 

22 minutes ago, Roy said:

America 

How do you find the import duties etc?



 

 

9 minutes ago, craig12 said:

e bay mainly never give more than £13-£14 per oz  

Is that for new coins or seconds?

[Roy]

29 minutes ago, SteveDavies said:

Where is the cheapest per ounce right now to buy silver?

 

2 minutes ago, LittleJohnSilver said:

How do you find the import duties etc?

I don't know, I was just answering the previous question.

[Stu]

11 minutes ago, craig12 said:

e bay mainly never give more than £13-£14 per oz  

What happens when spot price goes up, do you stop buying? 

[craig12]

7 minutes ago, Stu said:

What happens when spot price goes up, do you stop buying? 

no I offer spot price plus a bit  whatever the move  so spot £11.60 id give £12-£12.50   spot  £14 id give £14.50 ish  

[Stu]

2 hours ago, craig12 said:

no I offer spot price plus a bit  whatever the move  so spot £11.60 id give £12-£12.50   spot  £14 id give £14.50 ish  

Ah good, is there a price with silver u would stop buying? For me I think silver is worth buying up to £75 per Oz. 

[Beano]

1 minute ago, Stu said:

Ah good, is there a price with silver u would stop buying? For me I think silver is worth buying up to £75 per Oz. 

Jesus if it gets to £75 oz ill be a very happy man. i think it will be years before we get anywhere near that. I personally would wait till it gets to around £20 oz and then see what everyone else is doing. 

[Stu]

Long term play mate, that and a current price imbalance, to say the least. Hold onto your hats. Anyone prepared to hold onto 500z of silver long term will do very well, imo

[craig12]

I wouldn't pay more than £16 posted  unless it was very nice  I gave £35 for a 2 oz silver shield round  , £35 for a 2 oz lunar horse , £90 for a pamp 5 oz bar,, £80 for 5 mike Maloney rounds ,  but then on the flip side I paid £145 for a 10 oz twin towers bars  in original seal , £65 for a 5 oz Scottsdale loaf ,  I try and average £13-£15 for the whole stack ,   as an ultimate goal I try for spot plus sellers postage   the main thing for me is  postage   so I always bring postage into the price I'm prepared to pay per oz  ((£13 per oz is my goal))so for example  if I want to buy a 10 oz bar and the item  item is  £170 plus p and p  ill offer £130 all in and the seller to pay postage  , (((my view on this silver game in the uk  is simply try to do what the americans do , they get deals at  cents over spot or a dollar or two and get free shipping )))),   why would anyone buy 4 silver items with certificates for £200

[Lowlow]

My opinion, if you are someone who really wants to get deals and can take advantage of them when they come along, then essentially establish yourself as a local dealer.  That doesn't mean you have to advertise "gold for cash", but it does mean you have to get your name out there with the people in your local area, especially the other dealers, and let them know that you are a buyer and a seller, that you are someone they can call when they're looking to make a deal.  Good to make sure that coin collectors know about this too if you are active in those circles.  Everyone, even dealers, need to move out of positions sometimes, and they don't always want to spend weeks or more trying to find a buyer, sometimes they just need to make a call and have someone take silver or gold off of their hands, or they need silver and gold because they have a buyer and want to get rid of some cash to turn a profit.  If you are known among the dealers as someone who can make a deal, they'll call you when they want to make a deal.  Dealers are not always competitive, they are often getting on the phone and calling each other to move product, and talking to each other about the markets when they are together at trade shows, etc, they work together more than they work against each other.

[LittleJohnSilver]

4 hours ago, craig12 said:

I wouldn't pay more than £16 posted  unless it was very nice  I gave £35 for a 2 oz silver shield round  , £35 for a 2 oz lunar horse , £90 for a pamp 5 oz bar,, £80 for 5 mike Maloney rounds ,  but then on the flip side I paid £145 for a 10 oz twin towers bars  in original seal , £65 for a 5 oz Scottsdale loaf ,  I try and average £13-£15 for the whole stack ,   as an ultimate goal I try for spot plus sellers postage   the main thing for me is  postage   so I always bring postage into the price I'm prepared to pay per oz  ((£13 per oz is my goal))so for example  if I want to buy a 10 oz bar and the item  item is  £170 plus p and p  ill offer £130 all in and the seller to pay postage  , (((my view on this silver game in the uk  is simply try to do what the americans do , they get deals at  cents over spot or a dollar or two and get free shipping )))),   why would anyone buy 4 silver items with certificates for £200

Good strategy.

[RichmondStacker]

On 06/04/2018 at 18:46, Beano said:

Hi im new to stacking, just wanted to know who everyone's trusted online bullion store/stores are? TY in advance for all replies 

My Silver orders are from Goldsilver.be cheap bullion with no issues.  Delivery when it arrives in the UK is with yodel, very hit and miss as a company but they are trackable.

Gold is from Atkinsons.  Quick delivery and well packaged. They, like a lot of dealers in the UK include p&p in the price with every order. It’s a bit hard to see if you're getting the best deal.  I would rather one final postage cost at the end of the order.

Thankfully I work 5 on 5 off so I know that when I order so ill be in.  

 

[Tim23]

New kid on the block, hello guys. Can you help me, please? I'm watching in gs.be SAE with condition: Repackaged. What does it mean 'repackaged'? Do they have scratches, patina etc? Did anyone ever buy 'repackaged' items from gs.bg? Thank you and sorry for my English 

[Pipers]

On 4/6/2018 at 22:30, Roy said:

First rule of buying silver and gold - become a Premium member

This is not an argument, i am not trying to stir things up.  

I have a different point of view.

If you pay full price for a premium membership thats £41.88 per year  well for most.

2 deliveries from Europe around £30, Two deliveries from UK bullion dealers £13- £18. 

For me the first rule of buying PMs is maths.  

The forum is a great place for advise and views.  Some of the Premium and non Premium members are the most knowledgeable .  Everyone has to work out for themselves if the premium membership is worth it.  

IMO Being a Premium member (£3.49 a month) does not make someone a trust worthy person, being a member who makes a positive contribution over time either premium or not has made the difference with me when i decide to buy from the forum.      

 

 

[Roy]

 @Pipers 

I meant that you have to be a Premium member to get the best deals ?

As for positive contribution, I've always found your posts informative.

You must buy from elsewhere I guess.

[lightjaw]

I have bought from:-

Atkinsons

Chards

Silver to go

Coin Invest

Ebay 

Coin shows

Group buys

Modern Coin Mart

Den of Antiquity

Forum Members

Royal Mint

EMK for the odd stranger item

whoever has what i want really. I dont much care for shopping around unless it would save me a lot of money. A few £ extra to get what i want quickly....fine. Cant be arsed messing about.

[BleyerBullion]

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[Pipers]

On 4/12/2018 at 18:28, Roy said:

 @Pipers 

I meant that you have to be a Premium member to get the best deals ?

As for positive contribution, I've always found your posts informative.

You must buy from elsewhere I guess.

Hi @Roy I used to buy from the forum a lot.  I now do not anymore, I buy from the forum every now and again.

  I found that the forums sales  had become more expensive than before with only some members offering good prices that i missed anyway (i was to slow or working/busy).  Most of the coins /bars are sold on the forum are sold at a premium that i can buy from a dealer give or take pennies, this again save the same few members who offer good deals.  I would buy from the forum, but the time i would have to spend waiting around on the phone laptop etc for a deal sifting through all the bad deals on the sales section that never sell and are put up time and again re-churned .   Its just not worth it for the odd £1-£2 saved on a £100 deal when i might of waited 5 evenings and the gold price has gone up / down.  

The forum sales used to be an excellent place to trade, its not now again apart from the few good sellers who i usually miss anyway because i am to slow. 

I have nothing against the sellers who i have not bought from they are only trying to get the best deal, its just they either sell coins/bars that i do not want or are to expensive for me on that day.         

[Roy]

I think I agree with you. It has changed, perhaps for the worse.

It was once a case where either chaps were turning products around with small margins on a  'little and often' basis

or the undecided collector who would change his mind and sell silver for gold or sovs for brits etc. where profit was secondary.

 

[kd7one]

I get my bullion at 7K Metals. For a membership fee of $250/year, I can get silver rounds as low as .97 above spot, which is cheaper than any coin dealer I know. Also, when you join, you get your own website because it is also a network marketing business. I don't do the network marketing side. i just joined to get the best prices on silver possible.

Anyways, here is the website I was talking about if you are interested https://www.7kmetals.com/trivium

[ilovesilverireallydo]

On 12/04/2018 at 18:20, Pipers said:

This is not an argument, i am not trying to stir things up.  

I have a different point of view.

If you pay full price for a premium membership thats £41.88 per year  well for most.

2 deliveries from Europe around £30, Two deliveries from UK bullion dealers £13- £18. 

For me the first rule of buying PMs is maths.  

The forum is a great place for advise and views.  Some of the Premium and non Premium members are the most knowledgeable .  Everyone has to work out for themselves if the premium membership is worth it.  

IMO Being a Premium member (£3.49 a month) does not make someone a trust worthy person, being a member who makes a positive contribution over time either premium or not has made the difference with me when i decide to buy from the forum.      

 

 

Being a premium member has more than paid for itself several times over, you get first look at listings and can pick up solid bargains. 

I wouldn’t have thought so, but the deals are always really good, whether you a stacker or a collector. 

For example just picked up two half sovs for £110each , 2 full sovs for £225 each. If I factor in shipping, still did better than the cheapest dealer. 

 

[Pipers]

7 hours ago, ilovesilverireallydo said:

Being a premium member has more than paid for itself several times over, you get first look at listings and can pick up solid bargains. 

I wouldn’t have thought so, but the deals are always really good, whether you a stacker or a collector. 

For example just picked up two half sovs for £110each , 2 full sovs for £225 each. If I factor in shipping, still did better than the cheapest dealer. 

 

I agree, that some do get good deals but it does not work for me as i am to slow or working.  If it becomes financially better off for me to be a premium member  then i will.   

[SaltyCoinMan]

I don't buy online. I like to go to my nearest coin store to see what I am purchasing in person.

[Beano]

4 hours ago, SaltyCoinMan said:

I don't buy online. I like to go to my nearest coin store to see what I am purchasing in person.

What part of the world are you in? I wouldn't even know where to look when It comes to buying in a store in the UK

[SaltyCoinMan]

1 hour ago, Beano said:

What part of the world are you in? I wouldn't even know where to look when It comes to buying in a store in the UK

 I’m from the US of A