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#1 2017-02-06 22:48:30

Yeti Hunter
Member
From: Canberra
Registered: 2013-05-15
Posts: 168
Trades :   11 

Stacking in Canberra

First post in a while wink

I've recently become a resident of our nation's fair capital and finally got around to checking out the LCS......... yikes

Maybe I'm just used to the premiums on GP's site, but I was a little bit shocked at their premiums - gold at 9%, silver 50%, and round fiddies close to 100%!! I'm not awfully interested in the numis and commemorative coins from the RAM (just want the metal), and as far as I know there are no other dealers in Canberra. Does anybody know of a better option in the ACT region, or am I stuck with giving my buzz finger a workout in the sale threads?

Cheers in advance,
Yeti.


"Money soft, savings hard."

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#2 2017-02-06 23:22:37

Davros10
Silver Stacker
From: Canberra
Registered: 2015-02-22
Posts: 157
Trades :   16 

Re: Stacking in Canberra

G'day Yeti,

   Your reading is spot -on. I'm in Belconnen. That shop in the centre of town is the only LCS I know of and I don't know how they've survived with the ridiculous mark-ups.

   Was there anything in particular that you wanted right now?


"Last night as I was sleeping, I dreamt-marvelous error!-
that I had a beehive here inside my heart.
And the golden bees were making white combs
and sweet honey from my old failures"         Antonio Machado

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#3 2017-02-07 02:27:31

billybob888
Member
From: Australia
Registered: 2014-01-08
Posts: 1,489
Trades :   150 

Re: Stacking in Canberra

Buy from reputable members on the forum, guaranteed lowest prices

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The following 2 users say thank you for this post: Yeti Hunter, SpacePete

#4 2017-02-07 06:13:28

tolly_67
Member
Registered: 2010-05-17
Posts: 1,693
Trades :   

Re: Stacking in Canberra

Davros10 wrote:

G'day Yeti,

   Your reading is spot -on. I'm in Belconnen. That shop in the centre of town is the only LCS I know of and I don't know how they've survived with the ridiculous mark-ups.

   Was there anything in particular that you wanted right now?

How do they survive? Easy....maybe they are like the 2nd hand bookshop in our town that sells chop chop tobacco already rolled. Busiest shop in town. I don't think they sell many books though.

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#5 2017-02-07 09:04:30

Nugget_Hunter
Silver Stacker
From: Southern Sydney
Registered: 2017-01-11
Posts: 1,268
Trades :   17 

Re: Stacking in Canberra

That 'shop' you are likely referring to, sells a lot of stuff on ebay.
I think they also run their own auctions as well ...

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The following user says thank you for this post: bordsilver

#6 2017-02-07 17:08:45

SpacePete
Silver Stacker
Registered: 2014-03-01
Posts: 13,424
Trades :   122 
Website

Re: Stacking in Canberra

billybob888 wrote:

Buy from reputable members on the forum, guaranteed lowest prices

And also Sydney isn't too far away if you want to visit one of the bullion dealers here, or maybe visit one weekend and come to the monthly Sydney meet up.

Are there ever any meets in Canberra?


Catus amat piscem, sed non vult tingere plantas

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#7 2017-02-07 20:04:04

Yeti Hunter
Member
From: Canberra
Registered: 2013-05-15
Posts: 168
Trades :   11 

Re: Stacking in Canberra

billybob888 wrote:

Buy from reputable members on the forum, guaranteed lowest prices

I know this to be true smile

I was hoping there might be another place I could regularly swing by to grab a sneaky ounce every now and then, perhaps have a browse of pretty items also. No matter, I'll just sign up for a PO box and hit the trading threads instead!


"Money soft, savings hard."

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#8 2017-02-15 06:04:18

millededge
Member
From: camp x-ray, spelling division
Registered: 2010-09-04
Posts: 2,363
Trades :   15 

Re: Stacking in Canberra

Canberra sucks for buying PMs. RAM is interesting to visit, but premiums on the merch are fanciful. There is pretty much a single shop close to the centre of the cbd afaik. I visited it quite a few years ago now & walked out without anything if that helps. Sydney is definitely a better option. There are lots of old towns in a 100k radius around Canberra and deceased estates/advertising in the little towns on bulletin boards would be something I'd be looking into if in the area and taking the initiative. There are loads of older folks who don't use much internet and you never know your luck. It is easier to buy here. If just buying investment bars, better to set up an account with a major and the nearest and imo the benchmark against your options (including SS) is ABC Sydney.

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#9 2017-02-17 05:33:15

millededge
Member
From: camp x-ray, spelling division
Registered: 2010-09-04
Posts: 2,363
Trades :   15 

Re: Stacking in Canberra

On the other hand, where else can you read Captain Cook's actual diary? That would be Canberra.

Last edited by millededge (2017-02-17 05:33:53)

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#10 2017-02-17 16:56:53

Roswell Crash Survivor
Silver Stacker
From: Zeta Reticuli
Registered: 2011-04-11
Posts: 1,906
Trades :   31 

Re: Stacking in Canberra

millededge wrote:

On the other hand, where else can you read Captain Cook's actual diary? That would be Canberra.

Funny you mention that; the anniversary of his death was on February 14th.

He was killed in 1779 on Hawaii after a series of violent misunderstandings.

http://www.alamy.com/stock-photo/james-cook-hawaii.html


The Roswell Crash Survivor

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#11 2017-02-17 18:45:30

bordsilver
Silver Stacker
From: The rocks
Registered: 2012-05-23
Posts: 9,490
Trades :   36 

Re: Stacking in Canberra

Yeti Hunter wrote:

First post in a while wink

I've recently become a resident of our nation's fair capital and finally got around to checking out the LCS......... yikes

Maybe I'm just used to the premiums on GP's site, but I was a little bit shocked at their premiums - gold at 9%, silver 50%, and round fiddies close to 100%!! I'm not awfully interested in the numis and commemorative coins from the RAM (just want the metal), and as far as I know there are no other dealers in Canberra. Does anybody know of a better option in the ACT region, or am I stuck with giving my buzz finger a workout in the sale threads?

Cheers in advance,
Yeti.

The main reason to go to Edlins is because you can also get weird or interesting stuff. Buy generic stuff when you're interstate.


The only good tax is a repealed tax.

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