Chorlton

6 hours ago, Foster88 said:

I can’t help nor can I say what forms you might need to fill out.

The best gold you can move between countries, in my opinion is gold you can wear.

I’m sure another forum memeber can advise you further but this is the reason why I buy 22ct jewellery.

No, I’m not Mr T. 😬

I am not sure the MR T approach would get through airport security, especially when you called customs agents fools and that if they didn't let you through you would introduce them to your friend pain 😀

Best to check first if this is common for the coin in question. Then you can either decide to live with it or send it back. Generally older silver coins slowly tone over time and don’t have this problem but I will vary from coin to coin. The modern RM silver proofs in my experience have issues with milk spots and very rapid toning, which is why I only look at much older silver coins now as they will have stabilised and any issues would be apparent by now. For bullion it is different but there is an element of good condition coins being easier to sell with a potentially better premium.

If you are going to try best to find a very low value coin to experiment with that way you will lose very little if things don’t go well. For most people any form of cleaning that involves anything above soaking rarely gives a good result due to scratching. Especially on older or proof coins it mainly reduces value.

Having completed probate myself when the last of my parents passed away after a bit of reading up it was for me straight forward enough. As everyone’s position is different a starting place would be the governments website on inheritance tax. I would not give anyone advice on this as I am not trained nor an expert.
 

https://www.gov.uk/inheritance-tax

Not personally too much risk for no gain. It is very different for large electrical retailers for example as they pay for this service so it is available to their customers at no risk but a slight additional cost to them.

As above compare to the PCGS registry photos and that will help a lot if available. Also worth researching coins to see if they have common issues or faults. Even looking on EBay and the internet more generally at photos of the same coin should show this up especially for unusual rapid toning, milking and hazing etc. For example the queens beasts silver proofs can have a variety of issues, some of which only show up after a while. Older silver coins tend to have settled and age at a normal rate.

The challenge may be they are not currency and the ability to shift £1000’s of them rapidly at a good price would be difficult. Also try buying a new car or paying a utility bill in first class stamps. If you had sovereigns for arguments sake they are very easy to convert to cash even in larger amounts. It’s a logical idea but the challenge is getting your money out of them quickly in bulk at a reasonable price.

There is too much negativity here, as the description says this an ultra rear proof 1841 gold sovereign. Due to being so rear you can see the lowe starting price and make offers. Is Thay the name of the person to source these fakes from ?

I won 😁

Now to get it graded and sell for £15,000, thanks for the tip people 🤑

Chinese non PM sovereigns go for big bucks now.

4 hours ago, Simmoleon said:

Quick google search 

They do poor quality fakes of most of the popular sovereigns on there. It is almost worth buying a few as a reference point.

It’s a personal choice. If simply collecting it is a useful. If looking to store value or even make money due to the high associated costs with trading in 1g , sovereigns etc. Offer better value all be it at a higher price.

It’s very useful to show people examples like this so they can learn for the future. Some of the offerings on eBay are very dubious.

13 hours ago, Liam84 said:

Whatever happened to keeping bullion in a thick wooden chest and frequently opening it to pick up handfuls and allowing the stuff to run through your fingers? Can't slap a bloody proof coin onto a vomit stained and knife damaged bar top to lure the busty barmaid over can you? 

"Alright love? Send us over a round of dark rum and giveus a kiss eh? 'Ere, got this to pay...OH NO! A HAIRLINE SCRATCH ON THE CAMEO FROSTING! AYEEEEEEEEEEE!".

Aaaaaanyway, if you don't want it @tallthinkev but are not in a rush for payment why don't you stick it up in the trade section for your ballpark asking price and leave the hook dangle. It may take a while but a proof collector who's interested in more than just the usual fare like Queen's Beastly Berks and Britannia's New Pose (has she a shield? A lion? Ooooooo) may well lurk among us and be happy to trade. Crowns are popular, the Royal Munters wouldn't make them otherwise!

 

 

*Not to disparage those who collect proofs, they are very pretty and people like what they like. Just 'avin' a larrrf. I have proofs dotted here and there, but I buy them when I spot a bargain...

We’re you a pirate in a past life 😃

Newer silver proofs are a risk, the older silver bullion or proofs will have settled down and you get what you see. Now walk the plank you scurvy nave !

2 hours ago, LawrenceChard said:

There are worse, for example:

https://www.chards.co.uk/2011-royal-wedding-william-and-kate-5-pounds-silver-proof/1890

Baring their teeth at each other.

It does not even look like them

Need to start a what is the worse looking coin thread !

14 minutes ago, dicker said:

Getting this thread back on track, 1323 is very pleasing.  
 

Today, the bank I work for has started to look at independent and alternative ways to measure inflation.  This hasn’t happened before.  

That's not surprising as the official measures increasingly are not very informative.

Many of the £2 proof coins have very good designs on them. The problem is, especially with the silver proofs is the production quality of the newer ones is poor leading to marks and instant toning like staining. The older ones seems fine and age gradually as you would expect.

Unfortunately no photos but have seen consistent issues with silver proofs from RM in recent years including the QB proofs. The much older RM silver proofs are fine if looked after properly. I just sold them all on unless they were if an age where any issues would have become apparent. 

Thanks for the replies, and explanations they are very helpful. I also tend to the cautious side when looking at coins. 

Just now, Liam84 said:

Check out what's for sale here for comparison. Many are graded using the LCGS if the numbers are unfamiliar:

https://www.londoncoins.co.uk/?page=Pastresults&searchterm=Shilling+1816&category=9&searchtype=1

Great thanks, I am having a look now.

4 minutes ago, pricha said:

This amazing site will give you a rough guide to price of old coins with regards to condition 

 

https://www.allcoinvalues.com/united-kingdom/uk-coin-values---1801-to-1967.html

Thanks that's a very useful site.

I am starting to look more at older coins but just wanted a rough guide of grade and any other comments on the 1816 silver shilling with photos below. I can then use this as a guide for future purchases, all comments appreciated. 

You may have read this already but this is helpful,

Very simple to get them tested to prove they are genuine. Why gamble on a random eBay auction as a seller and lose money ?

That is an excellent result !

Do you mind confirming what grade it got.

Good advice above. When selling on eBay I always take plenty of high quality photos for proof of the coin and as Pete mentions also use these on the listing. Also we take a video of the coin and packing process as further evidence. Then use a tracked postal service. That is about the best you can do. When people don’t do this there is risk they are opening themselves up to. Also a poorly Worded and formatted eBay list with poor photos suggests you are not being thorough.