First Majestic Silver Bullion ?

Discussion in 'Silver' started by Dynoman, Apr 15, 2011.

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  1. Dynoman

    Dynoman Active Member

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    Anyone bought Silver from this company? Looks like a good deal from the face of it.

    [​IMG]
     
    Dynoman, Apr 15, 2011
    #1
  2. Blockhead

    Blockhead Active Member

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    30 dollars per bar shipping is pretty daunting.
     
    Blockhead, Apr 15, 2011
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  3. unfunkable

    unfunkable Active Member

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    yep, i have
    they use UPS which is EXCELLENT.
    wishing i bought more back then...
     
    unfunkable, Apr 15, 2011
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  4. Dynoman

    Dynoman Active Member

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    The margin is pretty low, whats PM doing them for?
     
    Dynoman, Apr 15, 2011
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  5. Slam

    Slam Well-Known Member Silver Stacker

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    I have an FM 10oz bar (minted), its really nice.

    Much better quality then the perth mint cast bars.

    Shipping is a bit steep, also you may need to pay import tax on entry as the order is over 1k.

    Slam
     
    Slam, Apr 15, 2011
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  6. goldpelican

    goldpelican Administrator Staff Member

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    If you do, it's been assessed incorrectly. These should be GST free as they are 999.
     
    goldpelican, Apr 15, 2011
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  7. Slam

    Slam Well-Known Member Silver Stacker

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    I'm referring to that $50-60 input tax or what they call it for orders over 1k.

    Not GST.

    Slam
     
    Slam, Apr 15, 2011
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  8. unfunkable

    unfunkable Active Member

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    Ups are adept at handling silver bullion! In ur order comment put " investment grade silver - gst not applicable"
    Ups will get into cOntact with you and you fill out some forms
     
    unfunkable, Apr 15, 2011
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  9. Dynoman

    Dynoman Active Member

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    It works out $44.18 ozt AUD landed less any unexpected charges.
     
    Dynoman, Apr 15, 2011
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  10. unfunkable

    unfunkable Active Member

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    Oh you also get charged about 60 bucks handling and customs fee by ups when it lands.
     
    unfunkable, Apr 15, 2011
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  11. hiho

    hiho Active Member Silver Stacker

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    why bother when you can buy on here for near spot and you dont have to wait
     
    hiho, Apr 15, 2011
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  12. fishball

    fishball New Member Silver Stacker

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    You can get FM bars in Australia without waiting and near spot? O_O

    Where at ?
     
    fishball, Apr 15, 2011
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  13. perthsilver

    perthsilver Member Silver Stacker

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    I have a lot of their 5 oz bars also. Good size and liquidity, and weirdly, they are exactly half the price of the 10 oz bar.
     
    perthsilver, Apr 15, 2011
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  14. aleks

    aleks Well-Known Member Silver Stacker

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    I have ordered a few times from them and haven't had any problems. I think I have an addiction to their 5oz bars :p


    Their market price is the same for 1oz rounds or 50z bar, So technically you are getting best value out of their rounds.
     
    aleks, Apr 15, 2011
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  15. fishball

    fishball New Member Silver Stacker

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    We should do a group bulk buy for their 1oz rounds or something haha...
     
    fishball, Apr 15, 2011
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  16. aleks

    aleks Well-Known Member Silver Stacker

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    Hiho, care to share or elaborate abit more instead on stringing people along like this. ( I am guessing your are referring to other bullion products not First Majestic)
     
    aleks, Apr 15, 2011
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  17. aussilver

    aussilver Member Silver Stacker

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    Ordered from them i few times ,all good,their 18oz coin set is a really nice set .especially mayan calendar 10oz

    [​IMG]
     
    aussilver, Apr 15, 2011
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  18. Dynoman

    Dynoman Active Member

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    Dynoman, Apr 15, 2011
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  19. hiho

    hiho Active Member Silver Stacker

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    you guessed right apologies for the string along
     
    hiho, Apr 15, 2011
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  20. chimpanchu

    chimpanchu New Member

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    I bought from First Majestic before, their premium is ultra low, but shipping cost per ounce is rather expensive.

    And if you decide to buy from them be prepare to argue with Australian custom officers, they have ZERO idea about no GST apply for 999 silver. They'll try to slap you with GST the moment your order arrive and hold the parcel until you pay.

    Do your research, call up custom, fill up form, etc... do whatever you can to make sure these morons working in custom not charge your with GST. But for me personally the amount of money you save from buying from FM, it's not worth the headache... Its your choice!
     
    chimpanchu, Apr 15, 2011
    #20
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