Edward VII sovereigns at £40.15 per gram

[Zimmerman]

Just been offered two Edward VII full sovereigns work out at 40.15 per gram.

thinking about getting both and flipping one quickly

deal is there for 24hr

 

[sovereignsteve]

3 minutes ago, Zimmerman said:

Just been offered two Edward VII full sovereigns work out at 40.15 per gram.

thinking about getting both and flipping one quickly

deal is there for 24hr

 

if price per gm of fine gold then it's good

[Roy]

60p a gram?

Is it worth it?

[Zimmerman]

40.15 per gram of fine gold 

[sovereignsteve]

98.5% spot

good but not a whole lot of flippable profit

[RichmondStacker]

19 hours ago, Zimmerman said:

Just been offered two Edward VII full sovereigns work out at 40.15 per gram.

thinking about getting both and flipping one quickly

deal is there for 24hr

 

It’s gold under the current value so that’s good.  What are your expectations of profit from flipping a sov? 

[goldking]

Who the heck sells sovs in the UK at a price per gram? 

[Zimmerman]

1 hour ago, RichmondStacker said:

It’s gold under the current value so that’s good.  What are your expectations of profit from flipping a sov? 

Sold one today for 325

spent £588 yesterday, the one I’m keeping effectively cost me £263

That’s my strategy, takes me longer to get to my end goal but I see that I’m strengthening my position when I sell up in the future.

[goldking]

18 minutes ago, Zimmerman said:

Sold one today for 325

spent £588 yesterday, the one I’m keeping effectively cost me £263

That’s my strategy, takes me longer to get to my end goal but I see that I’m strengthening my position when I sell up in the future.

Where did you sell it, just out of interest?

[Zimmerman]

Private sale to another stacker