Sydney CBD: Trusted Bullion Buyers

Discussion in 'Australia & New Zealand (Public)' started by Pictish, Sep 8, 2024.

  1. Pictish

    Pictish New Member

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    I'll be in Sydney soon and would like to sell a couple of 1oz Gold Krugerrands. I offered them up here to the members but found no takers. See pics below.
    That offer still stands. However, if I am unable to secure that before arrival, where can you folx recommended I go in Sydney to find a trusted buyer/dealer?

    image.jpeg image.jpeg
     
  2. bubblebobble2

    bubblebobble2 Administrator Staff Member Silver Stacker

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    Townhall coins, just @ townhall station..or gold bullion Australia on George st, close to Apple Storeā€¦
     
  3. Pictish

    Pictish New Member

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    Thanks!
     
  4. Polar.bear.Stacker

    Polar.bear.Stacker Well-Known Member

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    Just FYI mate, bullion dealers will offer 12% below spot for your krugs. 10% below because its not 99.9% pure and 2% as spread when buying.
     
  5. Pictish

    Pictish New Member

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    good to know!
     
  6. GrindeRyan

    GrindeRyan Member

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    I can offer spot price f2f in Sydney but don't have an XRF. Any ideas from the brainstrust? Take to the Gold buying place next to Town Hall Woolworths and ask to confirm?
     
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  7. Pictish

    Pictish New Member

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    What is an XRF?
     
  8. barneyrubble

    barneyrubble Well-Known Member Silver Stacker

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    X-ray fluorescent analyser. An electronic, non destructive tester to validate the element (in this case gold) or lack thereof.
     
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  9. Pictish

    Pictish New Member

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    Can that be done by a 3rd party for a fee?
     
  10. barneyrubble

    barneyrubble Well-Known Member Silver Stacker

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    Yup, some dealers will do it for free..if you ask nicely.
     
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  11. Pictish

    Pictish New Member

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    Thanks Mr. Rubble!
     
  12. Pictish

    Pictish New Member

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    I'm more than happy ( and confidant ) to take the coins to your nominated location for an XRF. Let me know if wish to continue pursuing this.
     
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