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<p>[QUOTE="sio2ga, post: 2719523, member: 83570"]Yep, I'm VERY sure that I had to do all of that. You see, I bought "Bullion" coins. It is separate from buying a simple proof or uncirculated coins. The reason for all of the security is people buy massive amounts of bullion - like 400 ounce gold bars. Yeah, single bars that are over half a million dollars each. So, they make sure of who they are dealing with. They probably laughed at my $94 purchase. To access the site you go to the royal mint website and click the link to go to the royal mints bullion site.</p><p>They have their bullion program set up differently than the USA does. It has it's plus and minus's though. Here in the USA, unless you pay a premium and a ten thousand dollar purchase of a sealed monster box, there is always the probability that the dealer has highgraded the coins he sends. You can't really buy a US silver eagle bullion coin with the chance that it hasn't been looked at by a dealer who decides if they want you to have it or not. So the UK's system has the plus that you get coins straight from the mint. The minus is they are not just a few dollars over melt. They are about $8 over melt compared to $4 over melt here. But, these coins are a lot nicer than the Eagle bullion coins - they appear prooflike and come in individual capsules. It is pretty good for UK citizens who also get free shipping and don't have to pay an exchange rate on the currency like I did. I ended up paying $94 for 2 coins. It would have been less per coin if I had bought more, because there is a flat fee on shipping and I had to pay a fee for a bank wire. So it would have been much more reasonable if I had of bought ten coins instead of just two. I really wasn't interested in more than a couple of coins and I can't see buying from them but maybe a couple every year.[/QUOTE]</p><p><br /></p>
[QUOTE="sio2ga, post: 2719523, member: 83570"]Yep, I'm VERY sure that I had to do all of that. You see, I bought "Bullion" coins. It is separate from buying a simple proof or uncirculated coins. The reason for all of the security is people buy massive amounts of bullion - like 400 ounce gold bars. Yeah, single bars that are over half a million dollars each. So, they make sure of who they are dealing with. They probably laughed at my $94 purchase. To access the site you go to the royal mint website and click the link to go to the royal mints bullion site. They have their bullion program set up differently than the USA does. It has it's plus and minus's though. Here in the USA, unless you pay a premium and a ten thousand dollar purchase of a sealed monster box, there is always the probability that the dealer has highgraded the coins he sends. You can't really buy a US silver eagle bullion coin with the chance that it hasn't been looked at by a dealer who decides if they want you to have it or not. So the UK's system has the plus that you get coins straight from the mint. The minus is they are not just a few dollars over melt. They are about $8 over melt compared to $4 over melt here. But, these coins are a lot nicer than the Eagle bullion coins - they appear prooflike and come in individual capsules. It is pretty good for UK citizens who also get free shipping and don't have to pay an exchange rate on the currency like I did. I ended up paying $94 for 2 coins. It would have been less per coin if I had bought more, because there is a flat fee on shipping and I had to pay a fee for a bank wire. So it would have been much more reasonable if I had of bought ten coins instead of just two. I really wasn't interested in more than a couple of coins and I can't see buying from them but maybe a couple every year.[/QUOTE]
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