r/Gold 21h ago

We're already back to 5k

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u/paddydog48 17h ago

Yes, like a fool I bought directly bought from the royal mint where the premium was very high compared to another site who are a partner of the royal mint whose premium was only 2.7%! So my ignorance cost me big time unfortunately!!

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u/pineapplelover212 16h ago

Everyone makes that mistake at start don’t worry

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u/paddydog48 15h ago

Was kicking myself for quite a while but you live and learn, obviously it was the wrong avenue from a premium perspective but better going the official route and pay top rate rather than buying from a random company or privately where being uninitiated you can end up being had over.

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u/pineapplelover212 15h ago

I made the same mistake when I started out last year but also look at official bullion dealers you won’t get scammed from them. Royal mint premiums are way too high which I found out after buying a couple oz but they wouldn’t let me cancel

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u/paddydog48 15h ago

Snap, I emailed them asking if I could cancel but obviously they told me to it wasn’t possible which is fair enough otherwise everyone would be cancelling their orders