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Gold bullion

  • 25-05-2018 6:00pm
    #1
    Registered Users Posts: 3,564 ✭✭✭ One More Toy


    Want to get a gift for someone, thought maybe someone here has experience of buying gold bullion in Ireland. Any tips or advice would be greatly appreciated


Comments

  • Registered Users Posts: 1,812 ✭✭✭ Wesser


    is that not some kind of broth?


  • Registered Users Posts: 2,240 ✭✭✭ garrettod


    Hi,

    Goldcore provide the service and have been around quite a while, no idea how they compare in terms of price though.

    Assuming you are only buying a very small quantity, you could consider going for some of the more famous gold coins (i.e. Gold Eagles or Krugerrands), but be careful as to the gold content etc.

    There's a premium to be paid for the gold coins, above their actual gold value, due to the collect-ability factor (I would go for the more popular coin, to try and minimise this additional cost).

    You also need to watch for the highest possible gold content so research them first, but if it's a small value transaction that you are planning, it may prove cheaper to buy one of these from a suitable retailer and avoid some of the transaction costs.

    No doubt others here with more experience, can help you more than I can, but hope that's of some assistance :)

    .

    Thanks,

    G.



  • Registered Users Posts: 370 ✭✭ DonalK1981


    https://www.adverts.ie/gold/1oz-brittania-gold-coin-24-carat/14642269?notification=fe372b06fb14f457085463431572ac47-1531256704#comment_103039749

    That's not me selling it, but you can find some deals on Adverts. I would personally buy from there due to the feedback and the fact that the sellers are traceable opposed to Done Deal.


  • Registered Users Posts: 1,454 ✭✭✭ TripleAce


    I bought some on this site some time ago: irishgoldbullion.ie


  • Registered Users Posts: 1,454 ✭✭✭ TripleAce


    TripleAce wrote: »
    I bought some on this site some time ago: irishgoldbullion.ie

    And I regret I did. :mad:


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  • Registered Users Posts: 7,100 ✭✭✭ Chinese whospers


    TripleAce wrote: »
    And I regret I did. :mad:


    Go on... or do we have to wait another 2 years.

    I’m in love with him and I feel fine.



  • Registered Users Posts: 1,454 ✭✭✭ TripleAce


    Go on... or do we have to wait another 2 years.

    Well I didn't regret it until now that was time to cash out on the gold I had stored in their premises. Just wanted to bring this thread up just in case anyone was looking to buy gold from that company. Something must have gone seriously wrong with them in the past 6 months or so as they were ok before.


  • Registered Users Posts: 6,345 ✭✭✭ Oafley Jones


    TripleAce wrote: »
    Well I didn't regret it until now that was time to cash out on the gold I had stored in their premises. Just wanted to bring this thread up just in case anyone was looking to buy gold from that company. Something must have gone seriously wrong with them in the past 6 months or so as they were ok before.


    So you’re not going to tell us then?


  • Registered Users Posts: 7,100 ✭✭✭ Chinese whospers


    TripleAce wrote: »
    Well I didn't regret it until now that was time to cash out on the gold I had stored in their premises. Just wanted to bring this thread up just in case anyone was looking to buy gold from that company. Something must have gone seriously wrong with them in the past 6 months or so as they were ok before.


    Still none the wiser. What did THEY do wrong, specifically in the last 6 months?

    I’m in love with him and I feel fine.



  • Registered Users Posts: 1,454 ✭✭✭ TripleAce


    Basically I bought gold from them a couple of years ago and kept it stored in their premises, now wanted to cash out and resell it to them but after agreeing the sale they are doing everything to delay (?) the payment. I said "the last 6 months" as I happened to have a look at the reviews and they seemed to be fine before that: https://ie.trustpilot.com/review/irishgoldbullion.ie
    I don't actually believe they are scammers as many of the comments say, I just think they are in some serious financial trouble due to bad decisions they made lately.


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  • Registered Users Posts: 7,100 ✭✭✭ Chinese whospers


    TripleAce wrote: »
    Basically I bought gold from them a couple of years ago and kept it stored in their premises, now wanted to cash out and resell it to them but after agreeing the sale they are doing everything to delay (?) the payment. I said "the last 6 months" as I happened to have a look at the reviews and they seemed to be fine before that: https://ie.trustpilot.com/review/irishgoldbullion.ie
    I don't actually believe they are scammers as many of the comments say, I just think they are in some serious financial trouble due to bad decisions they made lately.

    Good info. From looking at the first number of replies on Trust Pilot it does look troubling.

    The difference between a scam company and a badly run company not getting back to you is a moote point.

    I just looked up their filed accounts and they are a tiny company.

    The below is their company address. If you were in the area I'd call in considering they are fobbing you off. But, the signs are not good.


    Irish Gold Bullion
    24 The Crescent
    Monkstown
    Dublin
    A94 W7W4

    I’m in love with him and I feel fine.



  • Moderators, Business & Finance Moderators Posts: 7,811 Mod ✭✭✭✭ Jim2007


    TripleAce wrote: »
    I don't actually believe they are scammers as many of the comments say, I just think they are in some serious financial trouble due to bad decisions they made lately.


    They are trading in a highly liquid product, with no manufacturing involved - hopefully (if they are melting gold, I run a mile), there is no reason what so ever that they should have a need to withhold payment.


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