Advice on SELLING Gold & Silver Bullion

Discussion in 'General Precious Metals Discussion' started by Wombatsman, Jun 18, 2013.

  1. Wombatsman

    Wombatsman New Member

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    Anyone got any advice on the best way to sell gold and/or silver bullion. I need to raise some cash in the next two weeks and plan to sell some some of my bullion.

    I will likely sell a few 10oz mint gold bars and a few 100oz cast silver bars (all bought directly from Perth Mint). They are currently stored in my bank in Sydney so I've been thinking of selling to a local bullion dealer in Sydney.

    Can anyone recommend a particular bullion dealer in Sydney to sell to?

    And does anyone have any experience with selling bullion on eBay?
     
  2. badhammy

    badhammy Member Silver Stacker

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    And what would be your problem selling here on this forum?
     
  3. Altima

    Altima Well-Known Member Silver Stacker

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    Should try selling it here, you may get more bang for your buck.

    But since you're new, suggest you could do a face-to-face transaction. :)
     
  4. Jislizard

    Jislizard Well-Known Member Silver Stacker

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    Other than one post and zero feedback you mean :)

    Lots of buying and selling takes place on the forum, at the meetings and face to face. You will get a better price for your items for sure, most likely above spot.
     
  5. trew

    trew Active Member Silver Stacker

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    Never mind...
     
  6. Wombatsman

    Wombatsman New Member

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    Not sure how it would work on this forum. I just joined Stackers today.

    Any sugestions how it can be done safely on this forum also appreciated ...
     
  7. badhammy

    badhammy Member Silver Stacker

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  8. sammysilver

    sammysilver Well-Known Member Silver Stacker

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    Half a dozen of us will be meeting tomorrow at the Sir John Young Hotel on the corner of George & Liverpool Streets in the CBD at 12pm. Great opportunity to meet some of the stackers. We'll be at a table looking like the cast of Oceans Eleven.
     
    66rounds likes this.
  9. bloomst

    bloomst Well-Known Member Silver Stacker

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    +1 on giving Aurora et al a call...much2 better than selling back to other dealer in Sydney.
     
  10. volrathy

    volrathy Active Member

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    those are large sizes sell to a dealer
     
  11. Wombatsman

    Wombatsman New Member

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    Thanks all for replies. Can't make the SJY Hotel lunch today but thanks for offer ...

    W
     

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