Collection or Delivery
The following fees apply: UK courier London area: £60; UK courier outside London area £90; courier to EU countries £275; courier to rest of the world from £1250 (by arrangement, please call us); safe insured storage with Treynoor Limited from £25 per month; insured dedicated London safe box from £520 per annum.
Our Margins
The following table shows the average margins at which we have bought and sold gold and silver over the last year, according to weight of product. These margins vary over time for the reasons described above, so you may find them higher or lower on any particular dealing day. The margin is shown as a percentage above (+) or below (-) the London wholesale market spot price at dealing time.
| Metal & format | We buy | We sell |
|---|---|---|
| Gold (<30 g) | -1.5% | +4% |
| Gold (> 30g) | -1% | +3% |
| Silver (<50 g) | 0% | +12% |
| Silver (>50 g) | -2% | +8% |
What Determines a Dealer’s Selling Price?
The difference between the sale price of a bullion product and the spot market value of its precious metal content (the “margin” or “premium”) is largely determined by the following factors: 1) refining and minting costs (smaller coins tend to have higher margins); 2) the cost of secure transport and storage; 3) insurance costs; 4) hedging costs (dealers tend to hedge the value of their stock against changes in market price); 5) dealer’s operating costs; 6) dealer’s desired profit margins (some dealers want more than others!); 7) market conditions (margins tend to be higher in bull markets and when physical metal is in short supply).
