You are here: Home > Message Board > General Talk > Buying gold adverts
May 19 2022 11.56pm

Buying gold adverts

Previous Topic | Next Topic


 

View croydon proud's Profile croydon proud Flag Any european country i fancy! 10 Nov 20 4.07pm Send a Private Message to croydon proud Add croydon proud as a friend

Anyone else hate these adverts about buying "collectable" gold coins, vat free? Anyone buying this crap must be mad, you will never get your money back unless the gold price surges, and then only scrap value, which is a lot cheaper than they sell for. I sold a few half soverigns last year, for the same price i got them ten years ago, scrap value,and that was when the price of gold was up! A half soverign went for 80, yet in these adverts a quarter gold soverign is 199- vat free- bargain! But you do get a "free" booklet with pictures of other coins you can purchase as an -"investment!"

 

Alert Alert a moderator to this post Edit this post Quote this post in a reply
View Badger11's Profile Badger11 Flag Beckenham 10 Nov 20 4.14pm Send a Private Message to Badger11 Add Badger11 as a friend

Originally posted by croydon proud

Anyone else hate these adverts about buying "collectable" gold coins, vat free? Anyone buying this crap must be mad, you will never get your money back unless the gold price surges, and then only scrap value, which is a lot cheaper than they sell for. I sold a few half soverigns last year, for the same price i got them ten years ago, scrap value,and that was when the price of gold was up! A half soverign went for 80, yet in these adverts a quarter gold soverign is 199- vat free- bargain! But you do get a "free" booklet with pictures of other coins you can purchase as an -"investment!"

You would probably be better buying share in a fund that invests in gold stocks. As you say most gold we buy is only worth scrap value so jewellery is a bad investment. I hadn't realise coins weren't good either.

 


One more point

Alert Alert a moderator to this post Edit this post Quote this post in a reply
View croydon proud's Profile croydon proud Flag Any european country i fancy! 10 Nov 20 4.20pm Send a Private Message to croydon proud Add croydon proud as a friend

Originally posted by Badger11

You would probably be better buying share in a fund that invests in gold stocks. As you say most gold we buy is only worth scrap value so jewellery is a bad investment. I hadn't realise coins weren't good either.

Yeah, you"re probably right, it"s the way the american actor makes it sound like a bargain- vat free! Not much good if you are paying 5 times the scrap value!

 

Alert Alert a moderator to this post Edit this post Quote this post in a reply
View cryrst's Profile cryrst Flag Chatham 10 Nov 20 4.41pm Send a Private Message to cryrst Add cryrst as a friend

Stick to copper
Can give a lovely few brekkys as some on here will know

Edited by cryrst (10 Nov 2020 4.42pm)

 

Alert Alert a moderator to this post Edit this post Quote this post in a reply
View croydon proud's Profile croydon proud Flag Any european country i fancy! 10 Nov 20 5.18pm Send a Private Message to croydon proud Add croydon proud as a friend

Originally posted by cryrst

Stick to copper
Can give a lovely few brekkys as some on here will know

Edited by cryrst (10 Nov 2020 4.42pm)

You the reason for the cancelled trains mate?

 

Alert Alert a moderator to this post Edit this post Quote this post in a reply
View JRW2's Profile JRW2 Flag Dulwich 10 Nov 20 5.38pm Send a Private Message to JRW2 Add JRW2 as a friend

Originally posted by croydon proud

Anyone else hate these adverts about buying "collectable" gold coins, vat free? Anyone buying this crap must be mad, you will never get your money back unless the gold price surges, and then only scrap value, which is a lot cheaper than they sell for. I sold a few half soverigns last year, for the same price i got them ten years ago, scrap value,and that was when the price of gold was up! A half soverign went for 80, yet in these adverts a quarter gold sovereign is 199- vat free- bargain! But you do get a "free" booklet with pictures of other coins you can purchase as an -"investment!"

Yes, a complete rip-off. Well spotted. 21st century half-sovereigns currently sell for slightly less than that quarter-sovereign price (about 190). And I may be wrong, but I think I saw one advert where the 199 buying price was going to be raised significantly after a month (or something). So hurry while the bargain price lasts!

I see by the way that the price of gold has risen by 60% over the last two years. So a great investment if you can get your timing right!

 

Alert Alert a moderator to this post Edit this post Quote this post in a reply
View croydon proud's Profile croydon proud Flag Any european country i fancy! 10 Nov 20 5.41pm Send a Private Message to croydon proud Add croydon proud as a friend

Originally posted by JRW2

Yes, a complete rip-off. Well spotted. 21st century half-sovereigns currently sell for slightly less than that quarter-sovereign price (about 190). And I may be wrong, but I think I saw one advert where the 199 buying price was going to be raised significantly after a month (or something). So hurry while the bargain price lasts!

I see by the way that the price of gold has risen by 60% over the last two years. So a great investment if you can get your timing right!


Yes, forgot that bit, this offer lasts 28 days so get in quick-{to lose your money},

 

Alert Alert a moderator to this post Edit this post Quote this post in a reply
View eagleman13's Profile eagleman13 Flag On The Road To Hell & Alicante 10 Nov 20 5.43pm Send a Private Message to eagleman13 Holmesdale Online Elite Member Add eagleman13 as a friend

The current price for Gold in the UK is 1543.34 per oz, which means my ingots & coins, are worth a tidy sum, BUT, some are for the grandkids 21st's(old fashioned) & the rest is for, well, not too sure to be fair.

 


The Child Has Grown,
The Dream Is Gone, And,
I Have Become,
Comfortably Numb.

Alert Alert a moderator to this post Edit this post Quote this post in a reply
View cryrst's Profile cryrst Flag Chatham 11 Nov 20 5.32am Send a Private Message to cryrst Add cryrst as a friend

Originally posted by croydon proud

You the reason for the cancelled trains mate?

Difficult to frag that as all the strands are shaped. Some would take it but can get a visit anytime so a bit dodge.
Just a few fittings and pipe for me.

 

Alert Alert a moderator to this post Edit this post Quote this post in a reply

 


Previous Topic | Next Topic

You are here: Home > Message Board > General Talk > Buying gold adverts