Go Back   Team-BHP > Around the Corner > Shifting gears


Reply
 
LinkBack Thread Tools Search this Thread
Old 27th July 2009, 15:01   #31
BHPian
 
nikhil1300's Avatar
 
Join Date: May 2009
Location: bangalore
Posts: 134
Thanked: 0 Times
Default

BANKS REALLY RIP YOU OFF AND NO BUY BACK, IN BANGALORE YOU CAN BUY GOLD COINS FROM BANGALORE REFINERY .THEY ARE THE MANUFACTURES OF GOLD AND SILVER COINS .MOST OF THE REPUTED JEWELLERS GET GOLD AND SILVER COINS MADE FROM THEM .YOU CAN VISIT THERE SITE WWW.BANGALOREREFINERY.COM OR WWW.BRPL.ASIA. THEY R IN THIS BUSINESS FOR THE LAST 30YEARS OR SO.THEY PRICE IS RESONABLE,(certified 24KT) AND BUY BACK ALSO

Last edited by Jaggu : 27th July 2009 at 15:17. Reason: Please avoid typing in ALL CAPS, its bad etiquette and is for shouting aloud. thanks
nikhil1300 is offline   Reply With Quote

Old 28th July 2009, 11:19   #32
BHPian
 
deepaktpatil's Avatar
 
Join Date: Dec 2006
Location: KA 05, MH 10
Posts: 276
Thanked: 62 Times
Default

Quote:
Originally Posted by nikhil1300 View Post
BANKS REALLY RIP YOU OFF AND NO BUY BACK, IN BANGALORE YOU CAN BUY GOLD COINS FROM BANGALORE REFINERY .THEY ARE THE MANUFACTURES OF GOLD AND SILVER COINS .MOST OF THE REPUTED JEWELLERS GET GOLD AND SILVER COINS MADE FROM THEM .YOU CAN VISIT THERE SITE WWW.BANGALOREREFINERY.COM OR WWW.BRPL.ASIA. THEY R IN THIS BUSINESS FOR THE LAST 30YEARS OR SO.THEY PRICE IS RESONABLE,(certified 24KT) AND BUY BACK ALSO
Hi Nikhil,
Have you purchased from these people. If yes, then how was your experience. Also would like to know if they have any store around MG road area, from the present contact address it looks like they are present only in Peenya and chickpet area.
Regards,
Deepak
deepaktpatil is offline   Reply With Quote
Old 3rd August 2009, 21:45   #33
BHPian
 
nikhil1300's Avatar
 
Join Date: May 2009
Location: bangalore
Posts: 134
Thanked: 0 Times
Default

Deepak
yes i have and my entire guju madu and sindhi friends buy from them they also supply to navrathan,sri krishna and zaveri brothers on mg road and brigade road you can go to them and ask for BRPL gold coins all you have to do call them up ,ask for the gold rate go to the showroom pay cash and collect the gold hassel free
nikhil1300 is offline   Reply With Quote
Old 12th August 2009, 14:18   #34
BHPian
 
deepaktpatil's Avatar
 
Join Date: Dec 2006
Location: KA 05, MH 10
Posts: 276
Thanked: 62 Times
Default

Quote:
Originally Posted by nikhil1300 View Post
Deepak
yes i have and my entire guju madu and sindhi friends buy from them they also supply to navrathan,sri krishna and zaveri brothers on mg road and brigade road you can go to them and ask for BRPL gold coins all you have to do call them up ,ask for the gold rate go to the showroom pay cash and collect the gold hassel free
Thanks Nikhil for the reply.
deepaktpatil is offline   Reply With Quote
Old 14th August 2009, 21:01   #35
Senior - BHPian
 
Join Date: Jun 2007
Location: Kochi
Posts: 2,145
Thanked: 136 Times
Default

One question - how are these coins packed? Two shops I asked showed the coins laminated - like a driving license, about the size of a visiting card. The coins themselves are round.

What is the proper / better / trustworthy kind lf packing?
BaCkSeAtDrIVeR is offline   Reply With Quote
Old 17th August 2009, 10:35   #36
Senior - BHPian
 
mithun's Avatar
 
Join Date: Jan 2006
Location: Cochin
Posts: 1,870
Thanked: 24 Times
Default

Quote:
Originally Posted by BaCkSeAtDrIVeR View Post
One question - how are these coins packed? Two shops I asked showed the coins laminated - like a driving license, about the size of a visiting card. The coins themselves are round.

What is the proper / better / trustworthy kind lf packing?
Most of the time the coins are laminated. But it varies from one-to-one.
mithun is offline   Reply With Quote
Old 11th May 2010, 11:35   #37
BHPian
 
nikhil1300's Avatar
 
Join Date: May 2009
Location: bangalore
Posts: 134
Thanked: 0 Times
Default

May 16 is Akshaya Tritiya
It is traditionally celebrated as the birthday of the Hindu sage Parashurama, the sixth avatar (incarnation) of God Vishnu. The word "Akshaya" means the 'never diminishing' in Sanskrit and the day is believed to bring good luck and success. The legend states that any venture initiated on the auspicious day of Akshaya Tritiya shall continue to grow and bring prosperity. Hence, it is normal to see many of the new ventures, like starting a business, ground breaking for construction or buying gold and silver jewellery/coins on the Akshaya Tritiya. This year www.brpl.asia has join hands with alot of jewellers for selling there gold coins pls click on the link for the list of jewellers who are selling gold coins,also watch out for the ads in the leading news papers
nikhil1300 is offline   Reply With Quote
Old 11th May 2010, 12:15   #38
BHPian
 
WindRide's Avatar
 
Join Date: Nov 2009
Location: Bangalore
Posts: 541
Thanked: 113 Times
Default

Quote:
Originally Posted by nikhil1300 View Post
May 16 is Akshaya Tritiya
It is traditionally celebrated as the birthday of the Hindu sage Parashurama, the sixth avatar (incarnation) of God Vishnu. The word "Akshaya" means the 'never diminishing' in Sanskrit and the day is believed to bring good luck and success. The legend states that any venture initiated on the auspicious day of Akshaya Tritiya shall continue to grow and bring prosperity. Hence, it is normal to see many of the new ventures, like starting a business, ground breaking for construction or buying gold and silver jewellery/coins on the Akshaya Tritiya. This year www.brpl.asia has join hands with alot of jewellers for selling there gold coins pls click on the link for the list of jewellers who are selling gold coins,also watch out for the ads in the leading news papers
Dude, why buy when the demand is greatest (meaning, investment cost is highest).
You are conciously and willingly timing the market wrong!!!

How stupid can people get....
WindRide is offline   Reply With Quote
Old 11th May 2010, 14:59   #39
BHPian
 
nikhil1300's Avatar
 
Join Date: May 2009
Location: bangalore
Posts: 134
Thanked: 0 Times
Default

Quote:
Originally Posted by BaCkSeAtDrIVeR View Post
One question - how are these coins packed? Two shops I asked showed the coins laminated - like a driving license, about the size of a visiting card. The coins themselves are round.

What is the proper / better / trustworthy kind lf packing?
Quote:
Originally Posted by mithun View Post
Most of the time the coins are laminated. But it varies from one-to-one.
this is the kind of packing you have to look for
Attached Images
 
nikhil1300 is offline   Reply With Quote
Old 12th May 2010, 09:11   #40
Senior - BHPian
 
ghodlur's Avatar
 
Join Date: Sep 2009
Location: Thane
Posts: 3,865
Thanked: 1,089 Times
Cool

Quote:
Originally Posted by WindRide View Post
Dude, why buy when the demand is greatest (meaning, investment cost is highest).
You are conciously and willingly timing the market wrong!!!
How stupid can people get....
@windride - I think no one has been ever able to time the market. I was thinking the same a few years back when the gold prices was in 11-12K range. At that time I thought the prices would come down but they never did. Even today from what can be seen is that the prices would keep moving upwards. If you buy today then also it would be profitable deal. Surely the prices wont correct to 15 K levels.
Its more of an emotional sentiment of buying the gold on Akshaya tritiya with a belief that prosperity would continue throughout the coming year. I would be definetly buying gold even if in small weight/value.
ghodlur is offline   Reply With Quote
Old 12th May 2010, 11:09   #41
Team-BHP Support
 
Samurai's Avatar
 
Join Date: Jan 2005
Location: B'lore-Manipal
Posts: 17,612
Thanked: 5,990 Times
Default

Quote:
Originally Posted by Spitfire View Post
Why would someone buy something when it has the highest possible demand in the whole year?

Buy when no one is buying - Basics no?
Superstition overrules all economic sense. Ever heard of this super auspicious day before 2004?
Samurai is offline   Reply With Quote
Old 12th May 2010, 11:21   #42
Team-BHP Support
 
benbsb29's Avatar
 
Join Date: Nov 2006
Location: Brisbane
Posts: 6,831
Thanked: 1,299 Times
Default

Quote:
Originally Posted by Samurai View Post
Superstition overrules all economic sense. Ever heard of this super auspicious day before 2004?
Quite true. I've noticed this super-auspicious day effect has spread to Kerala as well, quite recently.
benbsb29 is offline   Reply With Quote
Old 12th May 2010, 11:36   #43
BHPian
 
nikhil1300's Avatar
 
Join Date: May 2009
Location: bangalore
Posts: 134
Thanked: 0 Times
Default

seen the history of gold it has always been rising upwards,i have seen gold going from 350 per gram to todaday 1800 per gram,what ever said and done gold is and always be a good long term investment and a universal commodity(can be brought and sold any where around the world)
nikhil1300 is offline   Reply With Quote
Old 15th May 2010, 23:50   #44
Newbie
 
Join Date: May 2010
Location: Hyderabad
Posts: 24
Thanked: 6 Times
Default

From an economic point, its time to sell gold. Else, time to convert your gold bars to jewellery for religious/belief purposes. Not the best time for buying gold. As you might recollect the old rule, Stock markets and Gold are inversely related.
manduvindupondu is offline   Reply With Quote
Old 9th May 2011, 20:45   #45
BHPian
 
9tMax's Avatar
 
Join Date: Oct 2007
Location: hyderabad
Posts: 147
Thanked: 30 Times
Default Re: Where to Buy Gold Coins

I have recently purchased a 22 ct gold coin from Joy Alukkas, trusting them because of their brand image. But this coin does not have any BIS Hallmarking on it. Although all their other ornaments have the BIS Hallmark. On enquiry I was told that they don't go for the hallmarking for the coins as it involves additional expenditure.
But he put that coin in his XRF equipment and showed me that the purity level is 91.8% which is equivalent to 916KDM. Is this okay? Anyone else faced this kind of issue.
Also this coin does not have any packaging. He handed it over to me in a simple box, just like any other piece of jewellery.
Please share your experiences.
9tMax is offline   Reply With Quote
Reply


Thread Tools Search this Thread
Search this Thread:

Advanced Search


Similar Threads
Thread Thread Starter Forum Replies Last Post
Gold - Will it keep glittering? procircuit_234 Shifting gears 7 6th July 2013 08:23
Investing in Gold ETF or physical Gold - Which is better amitk26 Shifting gears 37 12th May 2011 02:35
Gold alloys?? neo_gr8est1 Tyre & Alloy wheel Section 40 30th November 2007 15:23
Sonata Gold.. Monaro Sedans 12 21st July 2007 10:45
Old is Gold kasli Introduce yourself 10 30th October 2006 14:39


All times are GMT +5.5. The time now is 05:38.

Copyright 2000 - 2014, Team-BHP.com
Proudly powered by E2E Networks