List of recommended dealers

H

HeavyMetal

New Member
Hey people,

Is there a thread somewhere which lists all the Australian-based PM dealers, that people have used and can recommend as legitimate?

I am aware of:

Perth Mint
Ainslie Bullion
Gold Bullion Australia
Australian Bullion Company (Sydney & Melbourne)
Aurora Et Luna
KJC Coins
W Davis & Son

Have I missed any? Especially any who sell bullion bars?

Have anybody got feedback, good or bad, on any of the above?

Thanks
 
Maybe GP can raise some revenue by selling a "stackers approved" logo to the dealers who meet some basic criteria for service, security, delivery etc.?

It may provide some comfort to new stackers who aren't familiar with established dealers.

Mistered.
 
Anymore thought's on the directly linked PM sale site GP. Perhaps it would make it easier for everyone ? And undoubtedly profitable for the proponent.

It's all getting a bit crazy here.
 
silverblood said:
how about ROO???
Click to expand...

Roo is a strange creature, rarely heard from and almost never seen in the wild, occasionally coming online to drop cheap bullion on the fortunate souls who inhabit this forum.
 
I'll add a few

I'm no longer collecting round 50s but here are 3 or 4 places I have shopped for these items at reasonable prices

Melbourne:

Southern Cross Coins
http://www.southerncrosscoins.com.au/

4 Station St Nunawading
03 9878 1711
0400 880 180 After Hours (I guess there could be an emergency)

IS Wright
http://www.iswright.com.au/shops.php
241 Lonsdale St
03 9650 2345

Sydney (CBD):

MR Roberts (Wynyard Coin Centre)
7 Hunter Arcade (Wynyard Station)
02 9299 2047

Strand Coins
http://www.strandcoins.com/
Shop 1C The Strand Arcade
02 9231 6694
 
I'm trying to come to terms with the lower buy back price that ABC use. In comparison to KJC's 'we buy back at the spot price', i just can't see why i'd not always go with this option. Unless of course there was a major difference in the original purchase price. Which I have't seen.
ALso what do people think about the ABC brand of silver bars?
 
kev said:
I'm trying to come to terms with the lower buy back price that ABC use. In comparison to KJC's 'we buy back at the spot price', i just can't see why i'd not always go with this option. Unless of course there was a major difference in the original purchase price. Which I have't seen.
ALso what do people think about the ABC brand of silver bars?
Click to expand...

Spot is the minimum anyone should accept for their silver bars.
ABC bars are industrial and plain and I will only pay spot for them.
Bars which should command a premium above spot is Perth Mint and Pamp. Premiums on these bars buybacks has dropped since the recent silver shortage.
I have never refused to buyback kilo bars since I have been in business and I have never paid less than spot.
So why do business with people who offer you less than spot?
 
kev said:
ALso what do people think about the ABC brand of silver bars?
Click to expand...

Presuming you're talking about ABC in Sydney (there's another ABC in Melbourne that's unrelated), their bars are well recognised in Australia - but as AEL said, Perth Mint and PAMP products generally attract a resale premium. Given though that the amount is maybe $10-$20/kg, and fairly static, if you're just looking for exposure to silver spot price movements, there's absolutely nothing wrong with ABC bars. Say you were buying 5kg of them, you could plow the extra $50-$100 saved into a couple of 1oz coins.

Perth Mint and PAMP stuff is incredibly liquid though - price a Perth Mint, PAMP and ABC bar at the same price, and the ABC will be the last to sell. It's still .999 or better silver, still a kilo, just the market preference.
 
I suppose I shouldn't lump all ABC bars together
The ABC bars from Melbourne are better presented.
All the very industrial ABC bars I buyback was originally sourced from ABC (Sydney) and Ainslie (Qld)
 
Seriously - anyone opening a new bullion business, avoid the initials ABC.

For what it's worth I don't refer to Ainslie as ABC - but that's the logo that appears on their bars :rolleyes:
 
"Roo is great to deal with. I pretty much do all my purchases through him. "

Where does Roo fit on the list at the beginning of this post? (sorry if I'm slow, today was my first post)
 
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