Gold Monitoring Thread £ GBP only

[GoldDiggerDave]

1 minute ago, BLOOMMAN101 said:

up a bit, down, up a bit more,  up'y down'y for a while,  a dip, up again down a bit more, up, up, up..................  I'm done!  

[ant1882]

Just now, James32 said:

£471 a best value sov, not sure I'm ready for those maths.

https://atkinsonsbullion.com/gold/gold-coins/gold-sovereign-coins/pre-owned-full-sovereign-gold-coin-mixed-dates

I paid £463 for one last week and that stung a little.

[James32]

1 minute ago, ant1882 said:

I paid £463 for one last week and that stung a little.

I still remember the mental battle when they were £309 lol

[BLOOMMAN101]

£1940 Would be a nice close

5min chart

Edited August 16 by BLOOMMAN101

[ant1882]

Just now, James32 said:

I still remember the mental battle when they were £309 lol

Same feeling when I bought my first ever at £330!

[Darr3nG]

Just now, James32 said:

I still remember the mental battle when they were £309 lol

I remember passing at £309, waiting for the return to £289

[ZRPMs]

2 minutes ago, James32 said:

£471 a best value sov, not sure I'm ready for those maths.

https://atkinsonsbullion.com/gold/gold-coins/gold-sovereign-coins/pre-owned-full-sovereign-gold-coin-mixed-dates

Dear lord. That bucket list purchase 100 sov batch I picked up when I joined the forum is now £10k more, and they say buy silver.

[BLOOMMAN101]

funny old game

[Chronos]

4 minutes ago, ZRPMs said:

and they say buy silver.

Reported.

[ZRPMs]

Willing and ready to buy sovereigns. Looking to pay £385 posted.

[Darr3nG]

8 minutes ago, ZRPMs said:

they say buy silver

Who? Name and shame!

[ant1882]

Saw the price after getting home from work today, my first thought was that Mr Slammy is going to be very upset with this on a Friday! 😆

[SiCole]

13 minutes ago, Darr3nG said:

I remember passing at £309, waiting for the return to £289

£366 when i started and felt like I had made a silly purchase as they lingered around it for ages.

[ZRPMs]

12 minutes ago, Darr3nG said:

Who? Name and shame!

Me I'm afraid. I was given some links on YouFace and I was hooked. @James32 tells me my Great Great Grand kids will be ok though.

[dicker]

An appropriate time to mention:

- Wonger 

- Got stung sold all my gold (thread)

 

 

[Darr3nG]

2 minutes ago, dicker said:

An appropriate time to mention:

- Wonger 

- Got stung sold all my gold (thread)

 

 

The classics

[Thelonerangershorse]

1 hour ago, James32 said:

£471 a best value sov, not sure I'm ready for those maths.

Even BBP looks like a good deal now.

[modofantasma]

1 hour ago, James32 said:

£471 a best value sov, not sure I'm ready for those maths.

https://atkinsonsbullion.com/gold/gold-coins/gold-sovereign-coins/pre-owned-full-sovereign-gold-coin-mixed-dates

Will be easier maths when they're £500 each

 

[James32]

2 minutes ago, Thelonerangershorse said:

Even BBP looks like a good deal now.

Give you £200 each right now..quick profit. 

[ZRPMs]

I needed some funds for a property when the sovereigns were about the £240 mark. I sold quite a few to a collector. After the deal was done we had a quick chat about the price of gold and where we thought it was going. Then he dropped "When I started buying gold it was a little over £200 an ounce. It's mad that I'm now paying over that for a sovereign."

[James32]

Just now, ZRPMs said:

I needed some funds for a property when the sovereigns were about the £240 mark. I sold quite a few to a collector. After the deal was done we had a quick chat about the price of gold and where we thought it was going. Then he dropped "When I started buying gold it was a little over £200 an ounce. It's mad that I'm now paying over that for a sovereign."

So you sold a boatload at £240 each and are now buying them back between £450-£3500? We can no longer be friends unfortunately. 

[AaaGee]

Are sub £450 sovereigns a thing of the past now?

[ZRPMs]

Just now, James32 said:

So you sold a boatload at £240 each and are now buying them back between £450-£3500? We can no longer be friends unfortunately. 

Buy high, Sell low, This is the TSF way you told me.

[MrStacker]

1 minute ago, AaaGee said:

Are sub £450 sovereigns a thing of the past now?

I think so. It’s going to break £500+ sooner then later. My hunch is by mid 2025 they’ll be over 500. Buy, stack and hold.

Many will probably switch to even more smaller fractional gold coins. 
 

£1,937 now! 

[ZRPMs]

3 minutes ago, AaaGee said:

Are sub £450 sovereigns a thing of the past now?

Fortunately I've managed to keep the £ cost average for a full to £417.88 and my half's are £191.63.

I must admit I'm quite happy with this as most of the recent purchases have been a  where the premium on spot has been concerned.