yippykya show me what the premium on a shilling or a soverign was in 1910 and I'll pay double for anything you want to sell
A shilling was only 12 pence in 1910. That same shilling is over $10 now... Now that's the power of REAL money
I don't care what people want to sell for, that is their choice. Just realizing where you are selling and what market you are aiming at. What does get me peeved is when people are considerably overpriced on Bullion and keep bumping and adjusting prices. Seriously the bullion market here is tough. So if you think you will get ebay bullion prices, you are normally wrong 90% of the time. If it has zero numismatic value you will need to start at bullion price in between 1%-15% over spot anymore and you will probably not even get a nibble. So either start with a lower price, or list it on ebay to start with. So good prices = sale very quickly. High Prices = 6 bumps Seems simple to me. Just a little addition, with people continuing to remove sale prices, it does make it hard for a comparison to be achieved. You could have had 10 different kooks sell quickly but have no idea what they sold for. I think sales data should stay, but that is whole other issue and topic.
While I agree with you, this was discussed previously and some sellers like their privacy. buyers can maintain privacy by buzzing via PM. The only benefit to public buzzing is to publically date stamp their interest.
Unless the whole thread and title are fully removed it is irrelevant anyway isn't it ? You are going to know what was sold and how many just not the price ? edit-Talking purely as the seller, I agree with buyer anonymity
I just reread through this thread and realised the initial point was cleverly misdirected. That being annoying dreamers taking advantage of free advertising to flood the sales thread with absurd prices. But I think more interesting points for another thread developed which could be worth discussing elsewhere. 1)Should bullion manufacturing costs be carried over to the 2nd and 3rd buyers? Or is this a bad habit developed due to its evolution through numismatic coin sales. 2) Should dealer mark-ups be considered the true value of bullion, once sold new. Dealer markup includes alot of things you simply dont get when you pay a privare seller, so what exactly are those costs and how much of the premium is it?
We need some basic cheap bullion here like they have in the states like $2 over spot for new bullion Or the second hand 99c or $1.49 over spot
^ +1 Cant help but strongly dislike the fact that in the states you can get ASE's for near spot, while we still gotta pay atleast $5 over spot per coin. And they are the cheap 1oz coins here in OZ.
NTR & bullionclub are two cheap basic silver bullion 10oz bars I can think of, very close to spot. There's also the larger (1kg+) bars by ABC, ainslie that can be had quite close to spot as well. But I get where you're coming from, USA has very low premiums compared to Aus
How many coins do they mint in 1 year How many coins do PM mint in one year Production costs is what it boils down to
I dont care about numismatic value silverfunk. In my opinion that will all be wiped away in a financial collapse. And the reason I was originally interested in silver was financial collapse. Look at what happens in depression /war scenarios in history. Art and collectables lose most of their value. So all I'm talking about here is collecting for purely the silver value
Obviously you can get cheap silver rounds etc. But I was referring more to the silver eagles, Canadian maple leafs. I personally recognise those two and would purchase in a heart beat if they were close to spot, rather than a misc. round which I am not familiar with. I guess what im trying to get at is that. When buying a monster box of either ASE's or Maples, and comparing premiums to $2 and $5-$7. It adds ups.
lol - i think you'll find that bullion is by far NOT the only area where Australians are getting ripped off! Areas to consider - where ripoffs are even greater include: 1. Car registration fees (called "Rego") - usually between $600 and $1000 per year. 2. Taxes in general 3. Car prices (thanks to government meddling/theft) - we pay massive import taxes then GST on top of that and then "stamp duty" on top of that! and then if the total price is over $56K then we pay "luxury car tax" on top of that!! So yes, we pay taxes on taxes on taxes on taxes (up to 4 layers deep) on cars here in Stralia mate! No wonder we have among the most expensive cars on earth! [around 50% of the entire price is made up of f... TAXES ... savvvie??!!!?? :lol:] 4. Dont get me started on real estate! Again - thanks to government manipulation/meddling/plain theft - we have the highest property prices on earth! Again, a massively distorted proportion goes to the thieving government. 5. I could go on... but yeh - we live in the most expensive country on earth! So stop bitchin about bullion prices... we've got MUCH BIGGER F.. PROBLEMS HERE if you haven't noticed!!! :lol:
Oh come on yippee let me have a whinge . I know what you mean on the prices of cars in asia where i am you can buy a mitsubishi 4wd triton for about 23K in oz they are closer to 50K some with the new nissan navara about the same price.But the price of second hand cars is ridiculous so its horses for courses really At least second hand cars in oz are affordable
