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Divmad
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About Divmad

- Currently Viewing Forum: United Kingdom (Ungraded)
Profile Information
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Gender
Male
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Location
Peterborough
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Stacker/Collector
Both
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jzhoubu reacted to a post in a topic: Collecting Proof coins and sets
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dicker reacted to a post in a topic: 925 silver
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I think one reason why you can pick up bargains in this area is that quite often, but not always, the 925 commemorative coin was produced alongside an identical cupro-nickel version. So unless you know how to differentiate between them, which isn't easy on Flea Bay for example, you may get "done" a few times.
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Dicker, have you seen any trend to firming of premiums offered over spot on your 925 coin buys? I agree with you that this segment of the silver coin market is a value area. Why pay £4-8 premium per 1oz coin for all these Mint special issues? Only if you are a true collector, not an investor, IMHO.
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Did you get a good price for them? I paid over £400 for my first piece, in the mid-Summer.
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Hunter87 reacted to a post in a topic: The gold standard coin
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ilovesilverireallydo reacted to a post in a topic: Pre 20 half crowns reduced
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completed Pre 20 half crowns reduced
Divmad replied to ilovesilverireallydo's topic in United Kingdom (Ungraded)
Are these still available at your price? -
HerefordBullyun reacted to a post in a topic: Lithium and Uranium and green energy investments
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wanted 24 Sovereign coin box
Divmad replied to Micky9776's topic in Coin Accessories - capsules & cases etc (All countries)
Who is "Alun" please? -
Divmad reacted to a post in a topic: Which UK PM dealers are the safest for storage?
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I have suggested to my brother, who is very risk averse, to consider buying gold or silver bullion at close to spot, for his large cash in the bank safety net, to preserve real purchasing power for his children. He wants to know how he can trust any dealer to believe they are keeping his stored gold coins, even when he has a piece of paper evidencing that position legally. Fraud, theft etc are his biggest concerns. So is there an A List of reliable dealers, with all the appropriate checks and guarantees in place, that I can provide him with, to investigate further, for purchase and
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I tried that. It doesn't work through a thick plastic covering, even on my other proof silver coins.
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How can I tell if this IOM 1970 Crown is is the Silver Proof version or not? It is still in its original plastic covering but no case or COA.
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Airhead reacted to a post in a topic: Puzzled why Proof Sterling Silver Commemorative coins sell for low/no premiums....
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Divmad reacted to a post in a topic: Puzzled why Proof Sterling Silver Commemorative coins sell for low/no premiums....
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Now this is what I have a great deal of empathy with: https://twitter.com/Northst18363337/status/1324749717599825921/photo/1
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dicker reacted to a post in a topic: Puzzled why Proof Sterling Silver Commemorative coins sell for low/no premiums....
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watchesandwhisky reacted to a post in a topic: Puzzled why Proof Sterling Silver Commemorative coins sell for low/no premiums....
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I wouldn't say "noone", Madstacks. It amazes me how fickle are Flea Bay buyers of these silver items you mention above. Sometimes at spot, sometimes below, but more often than not, a bidding war takes place and premiums are realised. Trying to figure out why this pattern occurs. Could be all down to lot description and pictures, and timing the end of sale in the weekly cycle.
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Divmad reacted to a post in a topic: Puzzled why Proof Sterling Silver Commemorative coins sell for low/no premiums....
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Divmad reacted to a post in a topic: Puzzled why Proof Sterling Silver Commemorative coins sell for low/no premiums....
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Chorlton reacted to a post in a topic: Puzzled why Proof Sterling Silver Commemorative coins sell for low/no premiums....
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Agreed. That's always part of my all in cost calculation .
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Ok but what's my downside, if I am already buying them at spot or below?
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In the last three days I have picked up 4 Silver Jubilee proof UK coins at discounts to their underlying spot silver values, on Flea Bay. Unbelievable. It could be that there were so many of the Cupro Nickel format produced that folk get them mixed up, or are selling them as hand downs, not appreciating their true worth.