GOLD DEALS - (UK & Europe) See a deal, post it here

[dga00]

13 minutes ago, Tattoedamat said:

To be honest no idea but if it's what you're after and at the right price go for it

 I'm actually looking for weight, not any specific coin or year. 

8 minutes ago, goldmember44 said:

Krugerrands traditionally have low premiums, they are manufactured and sold mainly for their gold content, it has been the leading global gold bullion coin for investors for decades, and the first one. They do high volumes.

Thanks for the clarification, but... Most sites have 1 oz gold kruggerands at over 1600 euros. Only one other site(that I could find) charges below that, at 1555.

So again, why so cheap?

[goldmember44]

Just now, dga00 said:

 I'm actually looking for weight, not any specific coin or year. 

Thanks for the clarification, but... Most sites have 1 oz gold kruggerands at over 1600 euros. Only one other site(that I could find) charges below that, at 1555.

So again, why so cheap?

This site Bairdmint has remained cheaper than most other bullion websites during this crisis, good on them. You used to be able to find Krugerrands elsewhere at such a low premium, too, but since most dealers have hiked their prices due to high demand. Bairdmint will probably do the same if conditions remain the same for long or supply is interrupted -- which is very likely. 

[LawrenceChard]

4 hours ago, dga00 said:

https://www.bairdmint.com/products/1oz-south-africa-gold-krugerrand

I've been trying to figure out why this coin has only a 40 euro premium.

Can anyone explain the price? Is it the year/condition of the coin?

A quick reckoning:

40

1470

0.0272108844

that is €40 premium, divided by €1470 spot = about 2.7% premium.

We always prefer and advise to use percentage premium, because it makes comparison quicker and easier, across different currencies, and different coins with different weights.

today 2.7% is quite cheap, but not outstanding.

A month ago, it would have probably looked expensive, premiums for physically available bullion have increased in the past fortnight. This probably explains why you are seing some Krugers at €1600 (about 9% premium), the vendors hope there are panic buyers out there who will pay any silly price.

I looked at our current pricing on Krugers, although we don't have any in stock for immediate delivery:

 

Quantity	Premium %	Price Per Item	Total	Est UK Delivery
1	3.1	£1,348.62	£1,348.62	£6.00
2	2.8	£1,344.70	£2,689.40	£7.00
5	2.75	£1,344.04	£6,720.20	£10.00
10	2.7	£1,343.39	£13,433.90	£14.00
25	2.65	£1,342.73	£33,568.25	£33.00
50	2.6	£1,342.08	£67,104.00	£70.60
100	2.55	£1,341.43	£134,143.00	£115.60
500+	2.5	£1,340.77	£670,385.00	£487.20

We have slightly better prices for "one ounce gold secondary market our choice"

About a month ago, before it all kicked off, we had Krugers from 1.0% to about 1.9% premium depending on quantity, and from 0.9% on "one ounce gold secondary market our choice". We do this, or similar, when we judge that we have surplus stock, or if we think spot price is on the high side.

We do make an extra charge for picking dates, but that is more for the service than anything else.

 

 

Edited March 30, 2020 by LawrenceChard
more typo's!

[Blehhhh]

On 30/03/2020 at 17:41, LawrenceChard said:

.

today 2.7% is quite cheap, but not outstanding.

 

Can you please show me anywhere else at 2.7 premium or less?

[sovereignsteve]

On 29/03/2020 at 16:20, LawrenceChard said:

My colleague, Ian, thinks "minty" is too inexact to use, but I disagree, and consider that its very inexactitude makes it a perfect word, and very concise. 

Love it 😊

[silvernewbie]

Hey guys what happened to HB sov just as i go to buy its gone?!  Anywhere else selling sovs for 320£?

[mouldybread]

5 hours ago, silvernewbie said:

Hey guys what happened to HB sov just as i go to buy its gone?!  Anywhere else selling sovs for 320£?

Its been out of stock all week

Best of luck finding any at that price

[mouldybread]

Just now, cinereus said:

All week? It was available Monday–Thursday.

the sov showed on their list but wouldn't add to basket

[mouldybread]

10 minutes ago, cinereus said:

They are £322 at Chard's.

just had a flick through Chards cheapest i can see is their best value newly minted at £327.52 + postage

[ChrisSilver]

5 minutes ago, mouldybread said:

just had a flick through Chards cheapest i can see is their best value newly minted at £327.52 + postage

£322.87 at time of writing https://www.chards.co.uk/gold-bullion-sovereigns-secondary-market/1990

[mouldybread]

Just now, ChrisSilver said:

£322.87 at time of writing https://www.chards.co.uk/gold-bullion-sovereigns-secondary-market/1990

Cheers Chris might have me one of them

[silvernewbie]

56 minutes ago, cinereus said:

They are £322 at Chard's.

Thanks with delivery almost 330, which is still the cheapest online.  Maybe HB will be back in stock. I wonder whether the chard guy who posts here gives TSF members free delivery? 😇. @LawrenceChard

Edited April 5, 2020 by silvernewbie

[silvernewbie]

46 minutes ago, mouldybread said:

the sov showed on their list but wouldn't add to basket

You could on friday i just was too lazy to walk 5 seconds to get my credit card

[Troy77]

 

[Blehhhh]

3 hours ago, Troy77 said:

 

Hey, dont hide stuff from me.

[LawrenceChard]

On 05/04/2020 at 01:33, silvernewbie said:

Thanks with delivery almost 330, which is still the cheapest online.  Maybe HB will be back in stock. I wonder whether the chard guy who posts here gives TSF members free delivery? 😇. @LawrenceChard

Ah, you mean H&B!. I thought you were talking about pencils for a moment.

This is the (pedantic) Chard guy.

I think there is a whole thread somewhere about Harrington and Byrne, or if there isn't, it seems like it. Most members of TSF will know that they run regular newspaper adverts offering the current year's gold sovereigns at loss leader prices. Most are savvy enough to know there is a catch. If you are gullible enough to buy any of their follow-up offers, they make their loss back on your first subsequent purchase. 

They also use "Bait and Switch", as some members know. It is probably illegal in the UK, and is certainly unethical. It is apparently very common in the U.S.A., where there seems to be a sucker born every minute. I just found the previous TSF link: 

 

I am not surprised they have run out of stock of 2020 bullion sovereigns, even with their artificial limit of 3 per household.

You might expect me to advise TSF members to avoid dealing with them, but no, I would encourage all TSF members to buy their maximum of 3 sovereigns every year (obviously, do check their prices), we do! If enough sensible people bought them, though, they would almost certainly change their devious policy, but while it continues, take advantage of it. So, my suggestion is, wait until they re-start offering them, then buy your maximum of three. If you don't want that many, I am sure other TSF members would, including us.

If you want to buy from us, I will be happy about it, and we do not have any limit on quantity. As you probably know, we also offer price breaks for quantity purchases. Welcome to the real world.

Alert! We do not have any in stock as I write this. We are expecting a delivery this week, which we hope will include 500+ x 2020 bullion sovereigns, but these were all sold a few weeks ago, and will get posted out within about 48 hours of our receipt. We are also waiting to buy at least another 1,000 of them to meet orders, and leave us some "free" stock. On second thoughts, 2,000 would be better.

Further alert. We do not know when we will get the next batch. We do not deal directly with the Royal Mint. It appears they have improved considerably since we used to deal with them, but they are still not renowned for being pro-actively informative, even at the best of times. Currently, we are still happy to accept orders for them, but strictly on the understanding that there will be delays in deliveries, and we are labelling these as "indefinite". We take a considerable risk in selling "short", but we hedge that risk against our other stock, and also by hedging. Last week, we bought about £1.5 million worth of gold, and yesterday we agreed to buy 4.5 kilos of new gold bars we were offered. There is a slight cost to hedging in this way, but it works to insure us against big jumps in gold prices.

I didn't answer your question (started to feel like a politician). I seem to remember we did one or two special offers for TSF members, where we offered "free" (included) postage, but that was when Lizzie was with us. We may have some more TSF specials in future, when things get back to normal.

We not only do not offer free delivery, but explain why, and that it is an illusion.

Here is a link to one of our blog pages: https://www.chards.co.uk/blog/free-postage/26

We mention H&B here: (I should re-read it) https://www.chards.co.uk/blog/2019-sovereign-information-and-buying-advice/335

Mainly  for fun, I Googled "No Such Thing as Free Delivery", and took a  screenshot: 

I then also Googled "Free Delivery": 

 

and lastly "Free Lunch"  

I am of course delighted to see that our price including postage is still one of the cheapest, whether it is for 2020, "Minty", or "Newly Minted". I did not check our stock status for these last two categories, but if we are out of stock, we would probably not accept orders on them.

Thanks for the mention, I hope my answer was not too long (or boring). 

 

 

Edited May 25, 2021 by LawrenceChard
fixed typos

[5huggy]

seems like these ladies have the right idea - in the lyrics 🤣👍

Edited April 5, 2020 by 5huggy

[5huggy]

AND!!!

 

[LawrenceChard]

seems like these ladies have the right idea - in the lyrics

 

I'm sure 2 of them are guys.

Should ve gone to Specsavers!

 

[5huggy]

1 minute ago, LawrenceChard said:

seems like these ladies have the right idea - in the lyrics

 

I'm sure 2 of them are guys.

Should ve gone to Specsavers!

 

not so sure myself!  🤣🤣🤣🤣 🤣🤣🤣🤣 🤣🤣🤣🤣

[5huggy]

OMG ! just seen advert,on TV, for "direct bullion"  - they are going to GIVE AWAY "your free guide to investing in Gold! "  🙄

[sovereignsteve]

6 minutes ago, 5huggy said:

OMG ! just seen advert,on TV, for "direct bullion"  - they are going to GIVE AWAY "your free guide to investing in Gold! "  🙄

I think we can assume where the guide will suggest we buy from😁

[5huggy]

1 minute ago, sovereignsteve said:

I think we can assume where the guide will suggest we buy from😁

go on Steve have a guess! 🤣

[LawrenceChard]

11 minutes ago, 5huggy said:

OMG ! just seen advert,on TV, for "direct bullion"  - they are going to GIVE AWAY "your free guide to investing in Gold! "  🙄

Who's got time to watch TV?

[5huggy]

1 minute ago, LawrenceChard said:

Who's got time to watch TV?

Well ok! 😉 🙄 🤣 -listening in the background,

whilst I am doing some serious backups and tidying of Pc files!

Oh and sorting out New upgrade CCTV security system - 😉

Next comes - a bit of a stock-take  - and update and correct spread sheets!👍

Gawd I am  so glad  I am locked down for next 12 weeks! - can final sort out all those tasks I kept putting off!🥴🙄

So you are quite right @LawrenceChard -no time to watch -too much to do ! 🤣🤣🤣