Britannia

[Groundz]

I'm able to get some 2015 britannias that are in good condition for £18 each and some other coins for around the same price too. I'm just curious to know if that is something I should go for or if I should try and haggle with the price. I don't want to get in the habbit of paying too much over spot price, considering what it's at right now.  Any advice and opinions would be appreciated, thanks 

[Durham]

1 hour ago, Groundz said:

I'm able to get some 2015 britannias that are in good condition for £18 each and some other coins for around the same price too. I'm just curious to know if that is something I should go for or if I should try and haggle with the price. I don't want to get in the habbit of paying too much over spot price, considering what it's at right now.  Any advice and opinions would be appreciated, thanks 

Work out what its worth spot price and what percentage over that you are willing to pay taking into consideration how long historically it has taken silver to rise by that much. I know its not a good guide to the future rise or fall but we only have hindsight as a guide.

[ilovesilverireallydo]

Seems rather lot for 2015s to be honest

[Groundz]

6 minutes ago, ilovesilverireallydo said:

Seems rather lot for 2015s to be honest

What's a fair price do you reckon ?

[ilovesilverireallydo]

2 minutes ago, Groundz said:

What's a fair price do you reckon ?

About £16.50. I bought a whole batch for lower than that, but then I have contacts. 

Realistically you shouldnt pay more than 20-25% over spot for generic Brits is my opinion unless they are older and harder to source. Especially if you buying them for just bullion. 

[Moocher]

I would only £16 , there is a few selling for £16 and one guy on another forum for £15.50

 

[Pritchard]

Private market (forum sellers) would noramlly be cheaper than the shps too. the shops often charge a few % over spot, and then also 20% on top for VAT.

[Pete]

7 hours ago, Groundz said:

I'm able to get some 2015 britannias that are in good condition for £18 each and some other coins for around the same price too. I'm just curious to know if that is something I should go for or if I should try and haggle with the price. I don't want to get in the habbit of paying too much over spot price, considering what it's at right now.  Any advice and opinions would be appreciated, thanks 

I just checked at the time of writing and I can buy new 2015 Brits for £15.90 each.
You will rarely find a seller of silver coins asking spot price.
Dealers will add a margin plus 20% VAT in the UK so many forum members purchase in the EU where there is low VAT but extra shipping costs.
Have a look at the website GS.be and SilverToGo and check out their cheapest silver coins.
You will find a marked difference between their low priced coins and the melt ( spot ) value so bear this in mind.
Gold on the other hand can be bought for much closer to spot say 2 or 3% over spot.

[Groundz]

I went earlier and I got a few of them still inside the royal mint packaging for £16 each. They're actually 2013 coins, not 2015. It's an antique/Coin shop. He said he has lots of britannias and other coins. Should I buy more for that value? Or am I better getting them from silvertogo or something?  Obviously the good thing is that im not paying for any sort of delivery. Yesterday I got a 2006 panda and today I got the other one he had which was a 2010 that I paid £25 for. Any pointers and advice would be much appreciated, feel like I'm learning something from every purchase 

[Seasider]

Sounds like you are on to a good thing.  Just keep his location a secret until you have bought everything you want - and assuming he is making money on the sales don't try selling anything back to him.

[Michal]

12 hours ago, Groundz said:

I'm able to get some 2015 britannias that are in good condition for £18 each and some other coins for around the same price too. I'm just curious to know if that is something I should go for or if I should try and haggle with the price. I don't want to get in the habbit of paying too much over spot price, considering what it's at right now.  Any advice and opinions would be appreciated, thanks 

I can sell you 2018 for £17 if you want 😉