Hi I am impressed. I am in Kenya. I plan to start buying gold mined by artisans here in Kenya and also buy nuggets panned from the river. Can you buy such gold if I purify and package it in say one ounce blocks? Also what is the lowest Karat gold you accept?
Aim for known %. .999, 90% Try to make bars and stamp them with actual %. And your make. You can sell that for spot and maybe even as a unique african collectible
Man I hope you guys will be sticking around long term 😁 gold price is only going to go up. Let’s say gold went up in spot $3000 australian per 2 ounce bar in 3 years time I hope you blokes will still be buying. Cheers, good vibes
So you pay the same spot price for two identical weight items? A premium Germania 1 kg silver bullion and a locally manufactured 1 kg silver bullion are paid the same spot price?
Thank you for an informative video. great price offer , I like how honestly and openly you have explained the pricing and other matters. I will love to see you guys in person. :)
I tried to sell my 1oz gold LCS and he offered me 2% below spot so I took it home and post of local classified for spot. A guy contacts me within hours and paid cash. I will never sell my gold or silver below spot unless it double or triple.
I have a question. Here in Norway, the only places that sell coins/bars etc, are Norwegian online shops, and just by looking at their numbers right infront of me, they pay 10% less than spot for gold, 27% under spot for silver and just by looking at their listing, they pay out 40% less than they sell their silver eagles for. Is this normal? and can I send stuff from Norway down to you guys?
When the time comes to sell PM's, how do you sell the PM's in a private vault above spot price? For example, if you hold PM's in a private vault (overseas), instead of selling back to the seller at spot price and they gain the premium as pure profit + a commission/sellers fee, how else can you sell and gain at least a partial of the spot price + premium?
Well done gents, you have won me over, see you soon not to sell but to buy, I just have to remember to get out of the elevator a bit lower ay Joe, cheers.
I must thank you for starting a trend cause down here in Florida my dealer is doing same. He’s charging outrageous over spot for silver but so is everyone else
Thanks so much for the information! I don’t know anything about gold bullions! I see a lot of these prize home raffles/lotteries that include gold bullion in the prizes but they are for large amounts of money, sometimes over a million AUD. What do those people do??
Can't wait till the online store is up and running. But one question, will you be offering a debit card payment method online? If not what payment methods will likely be available? Also I have brought from a online store that sells high premium (mostly collector coins) that offer afterpay, do you think that could be an option for high premium coins with you guys?
We anticipate offering the full range of debit and credit card options as well as EFT. We are exploring the afterpay option. It is certainly possible for the higher premium items but the margins are very slim on the lower premium stuff so not sure about that.
Absolutely! You send it to us, we test it and then pay you. We can pay in USD straight to your bank account. Email sales@bullionnow.com.au with what you have.
I have lunar one series half ounce silver mouse 🐁 tiger 🐅 and ox 🐂 and I would like to sell them but the dealers in the states don’t really know is this something you guys would buy please let me know
Michael & Joe, where can I get one of those Bullion Now Shirts? I reckon if I walk down the main street in my country town I would have a few followers following me home. LOL. (well, not really LOL). p.s. Are you still up for being my bodyguard?
I never understood why they even have a SPOT/Market Price when you can't buy or sell for THAT PRICE (except by You). After all - ISN'T THAT THE PURPOSE in the first place??? I really think that dealers no honoring the actual SPOT Price is the reason that many people don't bother with metals. It feels like just another scam.
A common misnomer is that dealers buy from Mints at spot and the premium above is our profit. I wish!! What really happens is that the spot price is the world market price that the miners base their sales on (depending on the quality of their ore) to the refineries. The refineries then (having paid spot-ish) refine the raw product and make it into bars. They add their costs plus a small profit margin to the spot price they paid the miners and that becomes the wholesale price. We as dealers then pay the new wholesale price (spot plus the refiner's premium) and put our costs on plus a small profit. This then becomes the retail price. That is why we have a spot price and why there is a difference between spot and what we all pay. Expecting to pay spot is a little like saying oil is $40 per barrel - why aren't I able to pay $40 per barrel for my petrol at the pump. Well it has to be refined and delivered to you. Or steak is $20/kg in the supermarket why am I paying $40 for a 400g steak at the restaurant.
Good on you Gents and good luck. Its about time somone in Australia caught up with the rest of world RE: spot price silver deals
Thanks David!
You guys are legit. Some of the online dealers in the US need to get up to speed with you guys.
Thanks Jaxon! :)
Great work guys. Honest bunch of blokes, 100% Support
Wow, thank you Ant... very nice of you to say!
website is down
Hi I am impressed. I am in Kenya. I plan to start buying gold mined by artisans here in Kenya and also buy nuggets panned from the river. Can you buy such gold if I purify and package it in say one ounce blocks? Also what is the lowest Karat gold you accept?
Aim for known %.
.999, 90%
Try to make bars and stamp them with actual %. And your make. You can sell that for spot and maybe even as a unique african collectible
The best dealers in Australia... Nah, on the planet!
Thanks :)
This is why you guys are the best in the Business
Why thank you!
Man I hope you guys will be sticking around long term 😁
gold price is only going to go up. Let’s say gold went up in spot $3000 australian per 2 ounce bar in 3 years time I hope you blokes will still be buying.
Cheers, good vibes
We certainly will be. Our business model doesn't rely on price so it can crash or go to the moon and we should be ok
@@BullionNow outstanding ;)
So you pay the same spot price for two identical weight items? A premium Germania 1 kg silver bullion and a locally manufactured 1 kg silver bullion are paid the same spot price?
16:06 - “We’re not pulling any other swifties. We’re not pulling any other cons....”
I *probably* wouldn’t use the word “other” 🤣🤣🤣
Bad choice of words, thats all :)
These are some great guys. I only buy from them.
Thanks 😁😁
Thank you for an informative video. great price offer , I like how honestly and openly you have explained the pricing and other matters. I will love to see you guys in person. :)
I tried to sell my 1oz gold LCS and he offered me 2% below spot so I took it home and post of local classified for spot. A guy contacts me within hours and paid cash. I will never sell my gold or silver below spot unless it double or triple.
Hi I have three vintage 10 K golf filled they don’t work. Can I sell as gold scrap ? Is gold filled real gold !
I like you guys thank you for honor and honesty
Great video. You never addressed jewelry. Do you buy gold jewelry
There are 5 types of silver predecimal, threepence, sixpence, shilling, florin and crown.
Just a quick question, If I can sell 10x1oz gold bullion @ spot price is this paid in cash and does it require ID. as the transaction is over 5k.
I have a question. Here in Norway, the only places that sell coins/bars etc, are Norwegian online shops, and just by looking at their numbers right infront of me, they pay 10% less than spot for gold, 27% under spot for silver and just by looking at their listing, they pay out 40% less than they sell their silver eagles for.
Is this normal? and can I send stuff from Norway down to you guys?
Thanks; this is very genuine offer!
:) Thanks
Hi
Thanks for the video
Do you buy the one oz gold bar perthmint for the spot price ?
Yes.
im actually in canada and if i ever consider selling my silver or gold, i will for sure consider you guys
I'm sure there are plenty of good honest dealers a bit closer to you.
@@speckledjim_ i wrote -i will consider.
there is and they are honest, but i also wrote selling. not everyone buys at spot price
I have just started my stacking and you guys my future bullion dealer
AWESOME Alex! Give us a call any time to shoot the breeze about bullion :)
When the time comes to sell PM's, how do you sell the PM's in a private vault above spot price? For example, if you hold PM's in a private vault (overseas), instead of selling back to the seller at spot price and they gain the premium as pure profit + a commission/sellers fee, how else can you sell and gain at least a partial of the spot price + premium?
Well done gents, you have won me over, see you soon not to sell but to buy, I just have to remember to get out of the elevator a bit lower ay Joe, cheers.
Excellent! Hope to see you in the store soon! Level 6!
I wish I lived much closer but Texas will do for now. I will be doing more business with y'all. Thank you for the 1 kilo Koala!!
Our pleasure!
I must thank you for starting a trend cause down here in Florida my dealer is doing same. He’s charging outrageous over spot for silver but so is everyone else
One of our goals is to try and get more dealers to pay more for buybacks. Glad to hear it's starting to work.
Hi is it 10oz per day with gold or per customer, as in can I sell 10z on Monday then 10oz again Tuesday ?
Per customer, per day. You can come in every business day and sell 10oz and get spot.
@@BullionNow With or without ID.
Thanks so much for the information! I don’t know anything about gold bullions! I see a lot of these prize home raffles/lotteries that include gold bullion in the prizes but they are for large amounts of money, sometimes over a million AUD. What do those people do??
You're welcome! Good question as to what they do with the gold. Our guess is most would sell it. Not a great idea in our opinion!
Can't wait till the online store is up and running. But one question, will you be offering a debit card payment method online? If not what payment methods will likely be available?
Also I have brought from a online store that sells high premium (mostly collector coins) that offer afterpay, do you think that could be an option for high premium coins with you guys?
We anticipate offering the full range of debit and credit card options as well as EFT.
We are exploring the afterpay option. It is certainly possible for the higher premium items but the margins are very slim on the lower premium stuff so not sure about that.
I am in USA. Can we do business with you? Thank you.
Do you accept metals from coin investors in the United States?
Absolutely! You send it to us, we test it and then pay you. We can pay in USD straight to your bank account. Email sales@bullionnow.com.au with what you have.
Do you accept secondary market 1 oz and 5 oz 999 silver rounds from APMEX or US mints?
Absolutely! We recently bought 550oz of various silver from someone in the USA. They sent it to us, we tested it and then paid them spot price.
Very Nice guys!!
Thanks :)
so how does it work with shipping metals to you guys? whats the legal limit your allowed to mail to australia from usa.
As far as we're aware, you can ship as much as you like. Always help to label your packages as "Engineering samples" or "metal discs".
Ball bearings is a good one to label it as.
@@seahawks1185 not unless the silver are spheres, when they x ray the parcel they're not gonna believe coins or bars are "ball bearings"
How much for your 92.5% Florins?
G'day Chris, At the moment we're doing them for spot.
I am from the Caribbean how can I be part of your program?
I have lunar one series half ounce silver mouse 🐁 tiger 🐅 and ox 🐂 and I would like to sell them but the dealers in the states don’t really know is this something you guys would buy please let me know
Absolutely mate, we'll buy those. Start the process by emailing sales@bullionnow.com.au
Ok will do thanks for the quick response!
It's standard now for dealers to pay spot price now
I like the shirts too.
Keith✌
First time I've seen Joe on the other side of the camera.
would u give me spot on the spot?
only if it's spot on
Ya, 11 months ago maybe. Not now. My LCS said he would give me $3.00 over on generic rounds because it is such a tight market.
Great deal! Go for it.
I wouldn’t sell an ounce in this market. It’s going nowhere but up
What about lose gold, nuggets and such ?
We can't buy those back as they are not investment grade bullion, but we could pass you onto the best people for that.
@@BullionNow Please let me know on who you suggest, thank you.
What if i sell gold in nuggets?
90% silver fractional coins in America are called pre-60's, pretty much any coins before 1965.
Could I ship 100grAm from UK
Yes! Contact sales@bullionnow.com.au to enquire further.
How can i be like you have my own bullion. Thank you!
Wow 2 years ago
So young and full of dreams.
Michael & Joe, where can I get one of those Bullion Now Shirts?
I reckon if I walk down the main street in my country town I would have a few followers following me home. LOL. (well, not really LOL).
p.s. Are you still up for being my bodyguard?
Haha, I think you would certainly have a few followers home!
Just e-mailed you guys
You guys need to open up in Adelaide!!
Do you accept scrap gold jewelry and what % do you pay
Hi Mia, we do not accept scrap and jewelry at this time sorry.
Buy for spot and charge 5 dollars over. Cant you do better? What about high premium products?
Are you in Australia or somewhere else around the world?
respect
If only everyone was as straight up as you guys.... I wanna move to Oz!!
Australia is awesome. Not so much in Victoria right now with the lockdown, but when we open back up you gotta visit Melbourne. Best city in the world.
@@BullionNow ... I’d love to but I keep getting fleeced on my gold sales so can’t afford the flight lol
Pretty sure you’re lucky to get 80% of spot in the UK so good stuff lads 👌
Well, you can always send it out to us and we'll pay you spot direct into your UK account.
Who would be able to buy a bulk amount? A ton? My ridiculous question
Depends on when and what. If you wanted to sell us a ton of silver today - I'd buy it quite happily.
I never understood why they even have a SPOT/Market Price when you can't buy or sell for THAT PRICE (except by You). After all - ISN'T THAT THE PURPOSE in the first place??? I really think that dealers no honoring the actual SPOT Price is the reason that many people don't bother with metals. It feels like just another scam.
There needs to be an objective standard by which everyone bases their prices on. If we all bought and sold at spot price, no one would make any money.
@@BullionNow I suppose the bottom line is - Like anything - it's only worth what someone else is willing to pay - no matter what it is.
A common misnomer is that dealers buy from Mints at spot and the premium above is our profit. I wish!! What really happens is that the spot price is the world market price that the miners base their sales on (depending on the quality of their ore) to the refineries. The refineries then (having paid spot-ish) refine the raw product and make it into bars. They add their costs plus a small profit margin to the spot price they paid the miners and that becomes the wholesale price. We as dealers then pay the new wholesale price (spot plus the refiner's premium) and put our costs on plus a small profit. This then becomes the retail price.
That is why we have a spot price and why there is a difference between spot and what we all pay.
Expecting to pay spot is a little like saying oil is $40 per barrel - why aren't I able to pay $40 per barrel for my petrol at the pump. Well it has to be refined and delivered to you. Or steak is $20/kg in the supermarket why am I paying $40 for a 400g steak at the restaurant.
Bullion by post pay silver spot +1'/.
Thats in the U.K and BBP can claim the VAT back. In Australia, there is no goods and services tax on bullion.
Cool ull here from me soon it's a 50gram and an ounce sharps pixley gold bars unopened and undamaged and the rest is In sovereign s
Spot price is the fake paper price. The spot price and market price aren’t even close.
I called like 10 places, all low balled me for 1 ounce BU AGEs, scumbags.
how much do you buy back palladium 999 and 9995 bullion?
Spot, inclusive of GST if you are in Australia.