Sunday, June 16, 2013

ATS Bullion

This write up of ATS Bullion explains exactly who ATS Bullion are and what they deal in and is worth reading before you decide to buy gold or silver coins from ATS Bullion.

As always, it is prudent to always do one’s own due diligence before buying gold from any gold dealer or mint.

Who are ATS Bullion
ATS Bullion was established when Spink, the oldest coin dealer in the world, was sold by Christies. The new company of ATS Bullion was set up to take over the bullion and modern coin business previously run by Spink.

They are based in the Savoy Court building, next to the Savoy Hotel and just off the Strand.

Their website is: atsbullion.com

They are also associated with Alfred Terry Limited. London a Jewelry manufacturer and wholesaler and Diamond Sales outlet.

Sandra Conway, is the Managing Director of ATS and Linda Warner the Sales Manager. Both come from Spinks

ATS Bullion are members of the BNTA (British Numismatic Trade Association) and dealers accepted for this association have to adhere to a strict code of ethics.

ATS Bullion do not charge any commission but make their profit in the margin between the buying and selling price.

ATS Bullion Products
ATS Bullion products include the following:

Gold Coins
Austrian
100 Corona Dated 1915 0.900 fine gold. Contains 0.9802 troy ounce.
4 Ducat Dated 1915 0.986 fine gold. Contains 0.443 troy ounce.
1 Ducat Dated 1915 0.986 fine gold. Contains 0.1107 troy ounce.

Belgium
Belgium 20 Franc 0.900 fine gold. Contains 0.1867 troy ounce.

French
20 Franc 0.900 fine gold. Contains 0.1867 troy ounce. Various types available.

German
20 Mark 0.900 fine gold. Contains 0.2305 troy ounce. Usually Prussian, but sometimes other German states available at various prices.
10 Mark 0.900 fine gold. Contains 0.1152 troy ounce. Usually Prussian, but sometimes other German states available at various prices.

Iran
1 Pahlavi 0.900 fine gold. Contains 0.2354 troy ounce.
Half Pahlavi 0.900 fine gold. Contains 0.1177 troy ounce.

Isle of Man St. George reverse 22 carat gold.
£5 Piece. Approx. weight 39.9 g. Contains 1.177 troy ounce fine gold.
£2 Piece Approx. weight 15.96g.Contains 0.47 troy ounce fine gold.
Sovereign St.. Approx. weight 7.98g.Contains 0.2354 troy ounce fine gold.
Half Sovereign Approx. weight 3.99g. Contains 0.1177 troy ounce fine gold.

Italy
0 Lire 0.900 fine gold. Contains 0.1867 troy ounce.

Mexico
50 Peso 0.900 fine gold. Contains 1.2057 troy ounce.
20 Peso 0.900 fine gold. Contains 0.4823 troy ounce.
10 Peso 0.900 fine gold. Contains 0.2411 troy ounce.
5 Peso 0.900 fine gold. Contains 0.1205 troy ounce.
2 1/2 Peso 0.900 fine gold. Contains 0.0602 troy ounce.
2 Peso 0.900 fine gold. Contains 0.0482 troy ounce.

Netherlands 10 Guilder0.900 fine gold. Contains 0.1947 troy ounce.

Russia
10 Rouble 0.900 fine gold. Contains 0.2489 troy ounce.
5 Rouble 0.900 fine gold. Contains 0.1244 troy ounce.

Switzerland
Swiss 20 Franc 0.900 fine gold. Contains 0.1867 troy ounce.

United States
20 Dollar Liberty head. 0.900 fine gold. Contains 0.9675 troy ounce.
20 Dollar St.Gaudens. 0.900 fine gold. Contains 0.9675 troy ounce.
10 Dollar Liberty head. 0.900 fine gold. Contains 0.4839 troy ounce.
10 Dollar Indian head. 0.900 fine gold. Contains 0.4839 troy ounce.
5 Dollar Liberty head. 0.900 fine gold. Contains 0.242 troy ounce.
5 Dollar Indian head. 0.900 fine gold. Contains 0.242 troy ounce.
2 1/2 Dollar Liberty head. 0.900 fine gold. Contains 0.1289 troy ounce.
2 1/2 Dollar Indian head. 0.900 fine gold. Contains 0.1289 troy ounce.

One Ounce Gold Coins
South African Krugerrand - 22 carat gold. Contains one ounce of fine gold. Pure gold content 31.1035g.
Canadian Maple leaf - 24 carat gold. Contains one troy ounce fine gold. Pure gold content 31.1035g.
UK Britannia - 22 carat gold. Contains one troy ounce fine gold. Pure gold content 31.1035g.
US Eagle - 22 carat gold. Contains one troy ounce fine gold. Pure gold content 31.1035g.
Australian Nugget - 24 carat gold. Contains one troy ounce fine gold. Pure gold content 31.1035g.
Austrian Philharmonika - 24 carat gold. Contains one troy ounce fine gold. Pure gold content 31.1035g.

Silver
Austrian Thaler Silver Coin Dated 1780, but official restrike so minted until recently with the original date of 1780. Obverse Maria Teresa, reverse imperial eagle.
One ounce silver Britannia. Face value £2. Contains one ounce of fine silver. Various dates available - please enquire for details.
One ounce silver United States Eagle. Contains one ounce of fine silver. Various dates available - please enquire for details.
Silver UK Pre-Decimal Coinage. Various denominations of 20th Century circulated currency coins from Half-crown’s down to silver threepences. Please enquire for further details.

Platinum
Australia - One ounce Koala - 0.9995 fineness contains one troy ounce platinum
Canada - One ounce Maple - 0.9995 fineness contains one troy ounce platinum
Isle of Man - One ounce Noble - 0.9995 fineness contains one troy ounce platinum
Gold Bullion Bars
One Kilo Gold Bar 24 carat - 0.9999 Fine. Weight 1000g = 32.15 troy ounces.
One Ounce Gold Bar 24 carat - 0.9999 Fine. Weight 31.1035g.
100 Gram Gold Bar 24 carat. 0.9999 fine. Weight 100g = 3.22 troy ounces.
50 Gram Gold Bar 24 carat. 0.9999 fine. Weight 50g = 1.61 troy ounces.
20 Gram Gold Bar 24 carat. 0.999 fine. Weight 20g = 0.64 troy ounce.
10 Gram Gold Bar 24 carat. 0.999 fine. Weight 10g = 0.32 troy ounce.
5 Gram Gold Bar 24 carat. 0.999 fine. Weight 5g = 0.16 troy ounce.

Silver Bullion Bars
One Kilo Silver Bar 0.9999 Fine silver Weight 1000g = 32.15 troy ounces.
One Ounce Silver Bar 0.9999 Fine silver Weight 31.1035g = 1 troy ounces.
Plus many other commemoratives and medallions in gold and silver.

How to buy gold from ATS Bullion
You cannot buy gold from ATS Bullion over the internet or through their website. It is either in person or by phone.

Despite that, buying gold from ATS is very simple. If you are in London, you can go to their offices and purchase gold over the counter. The ATS Bullion Office is open for trading Monday to Friday from 9.30am to 4.30 pm. Payment can be made by cash, or by debit card. You will need to show some ID when you buy gold or silver over the counter.

It is also very easy to purchase by post. For smaller purchases, ATS Bullion will fix a price over the phone and you can either pay by cheque or debit card. All debit card payments will be subject to a security check and can only be sent to the billing address on your card. ATS Bullion will send your purchase to you by Special delivery as soon as the funds are cleared and your purchase is fully insured until you receive it. ATS Bullion do not accept credit cards due to the merchant charges incurred.

If you want to buy over £5000 worth of gold in one transaction, or if you buy over £10000 in the course of a year, then you will have to supply ATS Bullion with proof of ID to comply with HM Customs and Excise legislation in the UK. This means that ATS Bullion must retain on file a copy of your passport and a copy of a utilities bill showing your home address.

There is no minimum amount however and you can buy as little as one 25 pound coin.

There is no longer any VAT on investment gold coins and bars. The majority of the silver coins ATS Bullion sell would not have VAT on the purchase price to the purchaser. However, very recent silver and base metal issues are generally still subject to VAT - for example the 2003 Royal Mint issues. All silver and platinum bars are still subject to VAT at 17.5 % as well.

Selling gold to ATS Bullion

Here again, the process is very simple. You can either take your gold into their offices with some form of identification or send it by Special Delivery through the Post Office, enclosing a daytime telephone number. ATS Bullion will telephone you on receipt with an up to date price and send you a cheque by return if the price is acceptable. If you decide not to sell for any reason, ATS Bullion will return the gold.

Last Word on ATS Bullion
If you have bought any gold or silver coins or other bullion from atsbullion.com, please feel free to leave your feedback on the quality of service by atsbullion.com online as well as any complaints and special attention or service given by atsbullion.com online.

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