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generalist

Member
  • Posts

    44
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  • Trading Feedback

    100%
  • Country

    United Kingdom

Reputation Activity

  1. Like
    generalist reacted to StackSellRepeat in Today I Received.....   
    New arrival, Natural patina no camera effects.
     
    Beautiful, Vintage Cookson 1 oz.... Love anything old down to me women 😍 



  2. Like
    generalist got a reaction from Ducat916 in Today I Received.....   
    My first British coins arrived today. Rather, first coins to have any actual value. Thanks @Grufflehog
     

  3. Like
    generalist got a reaction from davehard24 in Today I Received.....   
    My first British coins arrived today. Rather, first coins to have any actual value. Thanks @Grufflehog
     

  4. Like
    generalist got a reaction from Melon in Today I Received.....   
    My first British coins arrived today. Rather, first coins to have any actual value. Thanks @Grufflehog
     

  5. Like
    generalist got a reaction from Tn21 in Today I Received.....   
    My first British coins arrived today. Rather, first coins to have any actual value. Thanks @Grufflehog
     

  6. Like
    generalist got a reaction from cornishrich in Today I Received.....   
    My first British coins arrived today. Rather, first coins to have any actual value. Thanks @Grufflehog
     

  7. Like
    generalist got a reaction from AndrewSL76 in Today I Received.....   
    My first British coins arrived today. Rather, first coins to have any actual value. Thanks @Grufflehog
     

  8. Like
    generalist got a reaction from CadmiumGreen in Today I Received.....   
    My first British coins arrived today. Rather, first coins to have any actual value. Thanks @Grufflehog
     

  9. Like
    generalist got a reaction from daca in Today I Received.....   
    My first British coins arrived today. Rather, first coins to have any actual value. Thanks @Grufflehog
     

  10. Like
    generalist got a reaction from silverdocket in Today I Received.....   
    My first British coins arrived today. Rather, first coins to have any actual value. Thanks @Grufflehog
     

  11. Like
    generalist got a reaction from richatthecroft in Today I Received.....   
    My first British coins arrived today. Rather, first coins to have any actual value. Thanks @Grufflehog
     

  12. Like
    generalist got a reaction from sstrrs in Today I Received.....   
    My first British coins arrived today. Rather, first coins to have any actual value. Thanks @Grufflehog
     

  13. Like
    generalist got a reaction from McDougall in Today I Received.....   
    My first British coins arrived today. Rather, first coins to have any actual value. Thanks @Grufflehog
     

  14. Like
    generalist got a reaction from Bullionaire in Today I Received.....   
    My first British coins arrived today. Rather, first coins to have any actual value. Thanks @Grufflehog
     

  15. Like
    generalist got a reaction from Troy77 in Today I Received.....   
    My first British coins arrived today. Rather, first coins to have any actual value. Thanks @Grufflehog
     

  16. Like
    generalist reacted to Seasider in Capital gains tax questions   
    This comes from the HMRC manual (CG78305)
     
    "Foreign currency
    Currency may take the form of notes, coins or travellers cheques.
    You may need to determine the location of currency if you are dealing with an individual charged on the remittance basis, see CG25300+. There is no rule in TCGA92/S275 specifically governing the location of currency. You should apply the rule in Section 275 (b) for tangible moveable property.
    Coins are to be regarded as currency only if they are legal tender at the time of their acquisition or disposal. Coins which are currency but not sterling, for example Krugerrands, are chargeable assets.
    Sovereigns minted in 1837 and later years and Britannia gold coins are currency but, like all sterling currency, are exempt because of TCGA92/S21 (1)(b).
    Coins (including pre- 1837 sovereigns) which are not legal tender are not currency. They are chattels and qualify for the chattels exemption in TCGA92/S262. A gain on such a coin is therefore exempt if the disposal consideration does not exceed the limit in CG76573. You should bear in mind the possibility that the disposal of more than one coin may constitute the disposal of a `set’, see CG76631+.
    The chattels exemption does not apply to coins which are non-sterling currency, TCGA92/S262 (6)(b)."
    and then a bit from CG76573
    "There is no chargeable gain on the disposal of a single chattel (tangible moveable property) if the gross consideration does not exceed £6,000.
    Where the consideration exceeds £6,000 the chargeable gain may be restricted, see CG76577."
  17. Like
    generalist reacted to Martlet in Capital gains tax questions   
    Assume you have to pool gold or silver, those are the rules for other assets and HMRC likes consistent rules.  I think there may be an argument that as a specific coin can be identified (unlike a share), you can say when that was purchased separately so calculate profits (or losses) accordingly.  I dont know if this is a valid defence. 
    It should be noted pooling benefits us in a rising market.  Later purchases reduce the profit of earlier purchases when you sell them, so you are taxed on the higher pooled average value rather than the original purchase value.  Inversely, pooling does have the affect of reducing the benefits of averaging down from a falling market. 
    This is only a problem when you have at least 12k profit (current allowance), so its an unlikely problem for most. Keep a record and sort it out then. 
    Gold and silver are not chattels, classified as either money or investment. Chattels is specifically to cover everything else. 
  18. Like
    generalist got a reaction from Abyss in Today I Received.....   
    Some more kangaroos.

  19. Like
    generalist reacted to Falcon55 in Today I Received.....   
    Something a bit different 


  20. Like
    generalist got a reaction from daca in Today I Received.....   
    Some more kangaroos.

  21. Like
    generalist reacted to Nortypeter in Today I Received.....   
    these arrived today,bought cos I liked them,a lot. made by john pinches in a set of 48pcs.normally these are were available in bronze or silver however this set is different.i have searched and searched to find some information on this coloured set,which I am told has been hand gilt  / enamelled, and incredibly well done if true,and is a one off ( am not sure this is true ). it is stunning in the hand,the pics do not do it justice.each coin weighs in at 42grams and is 44mm wide.a heavy album.if you have any info,please do tell.











  22. Like
    generalist got a reaction from Tn21 in Today I Received.....   
    Some more kangaroos.

  23. Like
    generalist got a reaction from CadmiumGreen in Today I Received.....   
    Some more kangaroos.

  24. Like
    generalist got a reaction from StackSellRepeat in Today I Received.....   
    Some more kangaroos.

  25. Like
    generalist reacted to Rugbyplayer in Today I Received.....   
    Well I've only gone and done it!
    This is my first ever gold purchase to add to my stack!
    Took the plunge a few weeks ago and it arrived this morning courtesy of Bullion by Post! Was 50/50 whether this arrived before another little gold something (which of course I'll share when it arrives...hopefully soon 🤞🏻) I have bought off a forum member recently but this one won the race to be 'first in stack'
    Not the biggest piece I know, but hey, we've all gotta start somewhere.
    It is stunning though! My camera work doesn't do it justice. 



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