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About generalist

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    Midlands, England
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  1. Thanks for the advice. It's good to know that.
  2. Received today from @kneehow2018. It's a shame my camera focus isn't the best.
  3. Some pre-47 shillings from @Stacker2020. 130 coins in all. A nice addition to the collection.
  4. My first British coins arrived today. Rather, first coins to have any actual value. Thanks @Grufflehog
  5. Thanks for that. That's very interesting to read. Given that generic rounds and bars are not currency (apart from the execptions) then they're presumably classed as chattels and don't even enter the equation unless any individual round/bar is sold for over £6,000. (If any form part of a set they must be taken together though.) I'll do some further research though. That HMRC manual looks like the place to go. I'll take a look at what it says about currency. I'm starting to think pooling will be by currency (USD, euros, etc.), but that's just a guess and I'll see what the guidance says.
  6. Thanks. I think I'd prefer to pool them so that I don't have to keep track of individual coins. On the question of chattels, it was this page which alerted me to chattels. https://www.bullionbypost.co.uk/info/legal-tender/ It says that pre-1837 sovereigns are considered chattels. It also says a specific exemption applies to them. Does anyone know what that exemption is or is the exemption that they're chattels? If pre-1837 sovereigns are chattels does the same principle apply to pre-1947 shillings? I'm interested to know that because I've bought some of those off this forum!
  7. I'm in the process of putting together records of my PM purchases and sales for capital gains tax purposes. I've seen that HMRC says that for shares and crypto what you buy is pooled together, and when you sell some the capital gain is worked out on a proportional basis. My question is, does pooling apply to gold and silver? For example: If I bought a Krugerrand one day and a gold philharmonic on another day, would I pool those together? If the answer to that example is no, what about if I bought maples one day and another load of maples another day? Would those be pooled or mus
  8. 50p 7.95 should be 8.0 £1 8.76 should be 8.75 1p coins varied between 3.52 and 3.58 - should be 3.56
  9. generalist

    Weighing gold

    I've received some scales today that weigh 100g to 0.01g. I've placed my 50g gold bar on it and it reads 49.93g. Is that within the realms of what can be expected? What is the typical variation to expect with gold? Are small amounts of weight shed over the years? Cheers
  10. My first silver arrived today. Three separate deliveries, two from this forum. Thanks @Emanuel and @GavinDevon.
  11. Alas, it's only a temporary situation. I've saved up quite a lot of cash over a long period and it only recently occurred to me that I'm not going to be spending it any time soon and it's best not to hold a wasting asset like cash. Now I'm converting that into actual assets and trying not to do it all in one go. There are worse situations to be in.
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