BullionBourse prices gone mad

JulieW said:
By the way, I'm in the UK now and I've been keeping an eye on the various sovereign sellling shops around. there are 'We Buy Gold' signs everywhere, but few selling coins. Most are pawn shops where the best of the sold jewellery seems to be on sale and marked up.

At one outlet, sovs were on sale at GBP 300 last week before the drop (around AUD 480 ). Yesterday - after the drop - price had gone to GBP 360 (AUD 567)

Said it was because all the 300 sovs went so quickly when the Greece news hit. He had sold 1 that day at 360.(!!)

BTW at GBP 300, his buy back rate on sovs was GBP 65 (just about worth lurking at the shop door waiting or sov sellers at that rate lol)

Bless silver stackers!

This seems to me to confirm even more strongly that safety in gold (in UK at least) is still popular - popular enough for sellers to ignore spot prices and just charge what the market will bear - and in this case, it seems it will bear a lot.

(p.s. This is anecdotal - I might just be living near a group of very, very greedy pawn shops)
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No, it's the only kind of pawn shops there are. even reputable Jewelers are greedy here!
A month ago, I thought I'd check around locally just to see what the best rate per gram of 24k I could sell for. Now this was when Gold was about 61-62 per gram spot. Best rate was 38 dollars per gram!!! I can't even imagine how bad pawn shops around here rob people if the reputable people pay that BS!
 
Is BB still in business?
They have incorrect pricing on the website time to time and also on Ebay. Automated notices of deliveries for every customers going out, and these issues not corrected for weeks.
 
I have no idea, Iv'e been watching this thread and checking on the BB site and was wondering why is everyone having trouble when it appears okay to me :|

mystery !
 
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