Yep here's another, advertised as the UKs no 1 Bullion Dealer, probably the biggest is also currently not taking orders :/
Bullion by post uk not currently taking orders
- Thread starter menotcrimex
- Start date
How common of occurrence is this? I only started stacking back in december 2012 and only have a measly 30 oz lol, id like to get more, but im unemployed and so each and every ounce is a struggle through trading..Its the first time I have seen dealers stop selling and im wondering how often this happens?.
Is this the paper market starting to collapse and people buying into physical?
Is this the paper market starting to collapse and people buying into physical?
Matthew 26:14
New Member
I remember apmex, perhaps the biggest dealer in the US, stopped taking orders over the weekends back in 2011 when the silver price went to $48.
hihosilver
New Member
Madhatter said:
all the time so, get used to it
Photonaware
Active Member
Has happened before - no need to panic.
Presents a buying opportunity when markets reopen Monday but some dealers not adjusting their prices in line with the drops in spot. CoinInvestDirect were showing spot well over 1,000 when it was around the 960 mark - very naughty as they update their page every minute.
Presents a buying opportunity when markets reopen Monday but some dealers not adjusting their prices in line with the drops in spot. CoinInvestDirect were showing spot well over 1,000 when it was around the 960 mark - very naughty as they update their page every minute.
Cheers guys, just wondered really because its the first time i had seen it happen. With my limited funds its hard to know when to buy every bit saved is more silver to my small 30oz stack.. Do I wait and hope it drops or do I jump in now and add more while price are lower than its been for ages also knowing it way well drop further on Monday..
I decided to just by monthly now for as long as it takes for the price to rise to a decent level to consider selling some, then save money and wait for a drop.
Went with Ebay and bought 540 grams of pre 1947 50% scrap coins for spot price + 15% to include postage as well.
Either i made a mistake or not, but since dealers are not taking orders , and even when they are i will be looking at spot, plus dealers fees, plus mintage cost and then 20% VAT on top I'm hoping i have made the right choice here either way my stack has grown a fair bit in one hit.
And now I'm rambling lol.
I decided to just by monthly now for as long as it takes for the price to rise to a decent level to consider selling some, then save money and wait for a drop.
Went with Ebay and bought 540 grams of pre 1947 50% scrap coins for spot price + 15% to include postage as well.
Either i made a mistake or not, but since dealers are not taking orders , and even when they are i will be looking at spot, plus dealers fees, plus mintage cost and then 20% VAT on top I'm hoping i have made the right choice here either way my stack has grown a fair bit in one hit.
And now I'm rambling lol.
Photonaware
Active Member
My suggestion is to stick to fine silver bullion coins.
Prices right now from dealers are relatively low but factor in the shipping costs and VAT. Relatively expensive per unit if only ordering a few coins at a time. Who can forecast spot ? Buy now if you can.
Prices right now from dealers are relatively low but factor in the shipping costs and VAT. Relatively expensive per unit if only ordering a few coins at a time. Who can forecast spot ? Buy now if you can.