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Selling Gold Coins

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  • leveller2911
    leveller2911 Posts: 8,061 Forumite
    Glen_Clark wrote: »
    No I'm nothing to do with Chards, but please read the thread title
    Where is the best place to try and sell gold coins?
    How am I supposed to answer that?

    I had read all the front page so clicked on page 1000 or something. Sometimes the old threads ar emore interesting because you can see how the predictions have gone. For example the post before mine.......



    The thread is 2 years old, there are about 10 threads about Gold each week .......... Why dig it up??

    You had to do a search on the site to find it ...........SPAM ALERT !
  • Glen_Clark
    Glen_Clark Posts: 4,397 Forumite
    The thread is 2 years old, there are about 10 threads about Gold each week .......... Why dig it up??

    You had to do a search on the site to find it ...........SPAM ALERT !

    Wrong - I did not do a search.
    I just clicked page 501 on the front page for the easiest old thread and this one came up.

    I say again, how am I supposed to answer the thread title?
    “It is difficult to get a man to understand something, when his salary depends on his not understanding it.” --Upton Sinclair
  • leveller2911
    leveller2911 Posts: 8,061 Forumite
    edited 8 January 2012 at 5:25PM
    Glen_Clark wrote: »
    Wrong - I did not do a search.
    I just clicked page 501 on the front page for the easiest old thread and this one came up.

    I say again, how am I supposed to answer the thread title?


    You don't have to answer a 2yr old thread, there were plenty of others who gave advice on this 2yr old thread at the time the OP posted the question.

    The OP didn't ask you the question directly to you so you could have just read it and moved on instead you posted a link to a small company (with a poor website imo) where you pop in and sell gold...

    I say again you posted a reply on a thread which was 2 YEARS OLD.

    The OP has more than likely sold the Gold anyway ,after all their question was posted 2 years ago and the previous post to yours was nearly 2 years ago.....

    Its like the Parrot sketch on Monty Python, Its dead,defunkt,like the Dodo its no more, enough said..
  • Glen_Clark
    Glen_Clark Posts: 4,397 Forumite
    You don't have to answer a 2yr old thread,
    We don't have to answer any thread.
    Are you going to post on all the other threads to tell people they don't have to answer them?
    To avoid answering the question you were asked.
    Namely, How was I supposed to answer the thread title?
    Its like the Parrot sketch on Monty Python,
    Only because you have made it so by repeating 2 years old 6 times in the same post, something that already obvious.
    Its dead,defunkt,like the Dodo its no more, enough said..
    Well it might have been if you hadn't kept bringing it back to the top again.
    “It is difficult to get a man to understand something, when his salary depends on his not understanding it.” --Upton Sinclair
  • gozomark wrote: »
    DiggerUK "you will not lose out with gold"

    sabretoothtigger "In the last 5 days....... gold lost 2.5%"

    I guess you won't lose out as long as you sell it higher than you buy it....


    Well yea, we can go in circles on this forever probably.

    Gold is definitely down now, its fallen like 400 dollars yet we still keep gaining overall and people keep worrying gold will just go down

    I had read all the front page so clicked on page 1000 or something. Sometimes the old threads ar emore interesting because you can see how the predictions have gone. For example the post before mine.......

    Thats a fair point, the price has risen. But the perception is still about the price falling and gold doesnt hold its value. But its gone up more then cash in savings account
  • DiggerUK
    DiggerUK Posts: 4,992 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    When an old thread gets dug out, it is always interesting to see who got it right, and who was way off the planet.

    Gold was £680 an ounce, now it is well over £1,000 an ounce.
    ..._
  • atush
    atush Posts: 18,731 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    I repeat, you will not lose out with gold.

    It all depends on when you buy and what condisitons are like if you have to sell. To make such a sweeping statement is quite stupid.

    My mother was a gold bug and she bought in 1980, 1987 and I had to sell it in 2001 at a loss (as the executor). Sometimes you HAVE to sell and have no recourse esp if all assets have to be liquidated in order to pay beneficiaries.

    I think 1-10% in Gold is fine, as long as you are prepared that it may drop (as it has done in the last 3-4 months). Not so much of a problem if you are buying for the long term and won't have to sell (but your beneficiaries might ;-)
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