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BULLY's Journal

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Coin Vault - it wasn't a well kept secret

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BULLY

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Gone but not?

This was actually announced in January, though apparently not advertised on their shows. If it was in the mainstream news, why they would not make it known on the shows is beyond me, but whatever.

http://www.knoxnews.com/news/2008/jan/08/shop-home-cease-broadcasting-march-about-200-jobs-/

I actually had bought from them before, when I could get prices right.

There were odd things that were on their web site for instance that may not have made the show, that were bargains. Some PF70 combo coins that were sold barely above the price of the original coin and grading -- I grabbed several.

Then, toward the end of 2007, they had their "Bullion Blowout." I assume it was common, but for their regular customers, if you were on their email list, you got a coupon code for 15% off I think it was -- that was 15% off, GOLD even. Now, that was over 2.5 months ago now, before prices have surged even more.

I'm just glancing at my invoices from the end of November, and because of that discount, I got NGC certified MS69 $25 and $50 (1/2oz and 1oz) Gold Eagle coins for LESS THAN MELT.

Gold was at $920 yesterday, though down a little today, but I got MS70 1oz coins for $850, and MS69 1/2oz coins for $425. I had to search the site to find the "bargain ones" so they may not be "key dates" or anything, but they are quality GOLD and they were a good price at the time, and the price looks even better in retrospect!

Not to mention it came with FlexPay - making it easier to spread the payments over a few months (and easier to buy an extra couple coins at the bargain price)!

For what it's worth, you'll still have your Coin Vault, online only though (according to the press release), which was how I always made my purchases anyway, when I did, and only when it was really a bargain. Are they my favorite place? Not at all, in fact, I find the TV "personalities" rather annoying. However, when I can get a noble metal, certified at a high grade by NGC, get interest-free payments on it, AND get it at significantly less than melt value? I'll overlook the personality any day of the week!

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