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About generalist

Profile Information
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Gender
Male
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Location
Midlands, England
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Stacker/Collector
Stacker
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Mox left Positive feedback for generalist
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Mox reacted to a post in a topic: 2016 Gold Britannia
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generalist started following Modern Bullion Sovs, 2016 Gold Britannia, . and 7 others
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Pm sent.
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trp left Positive feedback for generalist
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Nick1368 left Positive feedback for generalist
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generalist reacted to a post in a topic: .
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generalist reacted to a post in a topic: 2020 Double Sovereign
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trp reacted to a post in a topic: 2020 Double Sovereign
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generalist reacted to a post in a topic: Today I Received.....
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Thanks for the advice. It's good to know that.
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kneehow2018 left Positive feedback for generalist
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Received today from @kneehow2018. It's a shame my camera focus isn't the best.
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generalist changed their profile photo
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Stacker2020 left Positive feedback for generalist
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Some pre-47 shillings from @Stacker2020. 130 coins in all. A nice addition to the collection.
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generalist reacted to a post in a topic: Today I Received.....
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Grufflehog left Positive feedback for generalist
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My first British coins arrived today. Rather, first coins to have any actual value. Thanks @Grufflehog
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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.
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generalist reacted to a post in a topic: Capital gains tax questions
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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!
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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
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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
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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
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shawy2510 left Positive feedback for generalist
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completed NHS Charity Auction - Proof ½ Sovereign PR69 - Worldwide bidders welcome AUCTION ENDED
generalist replied to ChrisSilver's topic in United Kingdom (Graded only)
£110 Added 0 minutes later... £111 -
Some more kangaroos.
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Jimmy2trees left Positive feedback for generalist
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GSTrading left Positive feedback for generalist
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My first silver arrived today. Three separate deliveries, two from this forum. Thanks @Emanuel and @GavinDevon.
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GavinDevon left Positive feedback for generalist
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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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My second PM purchase and first coins. Thanks @UnoWho . I tried to exercise some discipline and wait at least a month between buys, but I couldn't help myself