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Divmad

Silver Premium Member
  • Posts

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Everything posted by Divmad

  1. Doh. Sorry, I got my title the wrong way round! But weren't the Jubilee coins available since Feb 2022, versus a few months only so far for the Memorial ones?
  2. Without knowing the exact mintage numbers, why is there a differential pricing on these two bullion coins, given the pull of the price of Gold, within the first year of their availability?
  3. Thanks to you both. I was going to say VF+, after just reading Allen's very useful primer. But I tend to be conservative in most things!
  4. Any grading experts on here care to hazard an informed guess? I won't say what I put it at, subjectively and amateurishly, yet.
  5. And that's with all coins retaining their full weight in silver, an erroneous assumption. £24 for that lot was a rip off. Always insist on knowing, or seeing the full weight of the lot.
  6. Sorry, but why would you buy junk silver 6d's for close to spot, and then sell them back to a scrap dealer for 10% under spot?
  7. Divmad

    Grading newbie

    Out of interest, how much will NGC in the UK charge you to grade one coin?
  8. https://kingworldnews.com/is-it-possible-silver-is-headed-to-700/ Going through $50 suggests to this well known silver bug that $700 is the ultimate target. Now I am wondering what makes greater sense to own under these brave new world pricing targets: circulated silver coins bought around spot, or rare collectors' pieces at the top of the quality pyramid?
  9. Well, I'm assuming their Silver sovereign weighs as much as the Gold sovereign, 0.2354oz. Tell me why that isn't the case.
  10. Lovely coins. Would you be willing to share with us the sources you use to acquire such quality items? Apart from TSF, of course! ATB.
  11. LOL. I'm in the Old Git stamp collecting club as well. I just wish in my formative collecting years, someone would have steered me towards collecting coins with intrinsic value instead, but that's another story. What I have understood, from my stamp collecting, is that picking the very best quality of scarcer issues is the only way to have any chance of price appreciation over time. That's one way to look at it. The other, which I'm a sucker for, still, is admiring the innate beauty of design/colour/image on particular stamp issues. My favourites remain all those engraved Commonwealth definitive issues of GVI and QE2. But as for keeping pace with inflation, .....forget it.
  12. Lovely example, there. Well done. Did you buy it here or at an auction site? Would love to emulate you.
  13. Stamp collecting saw its heyday in the 50s and 60s. Now it is relegated to an old man's hobby, driven by the rapid obsolescence of postal communication, requiring a stuck on stamp. The investment implications are obvious. Could specialised coin collecting go the same way? The drive to digital payments is even more rapid. Who wants or needs coins for most transactions these days? I can't get my head round folk paying incredible premiums to intrinsic value for new issue bullion or proof coins against this background. That's my real concern about the state of numismatics.
  14. But why stop at commemorative crowns? Why not apply the same reasoning to ALL these marketing-oriented commemorative silver coins coming out of every mint in the world every month, every year, nowadays? Then compare their sales price with the underlying intrinsic worth of silver. Makes little sense to me, unless you believe in the greater fool theory over time. Stick with coins (or used silverware) that you can pick up around spot + a small premium, and wait for the silver price to rise over time. Good hunting, though, as this makes the accumulation requiring greater perseverance.
  15. I just worked out that this set contains 2oz of Silver. For £420????
  16. Yes, my mistake. But I think it's still true that the 20p and 50p coins are Cupro-nickel.
  17. I found out today that a 10p modern UK coin is made up of 75% Copper, 25% Nickel, within a total weight of 6.5gms. How much is this coin's melt value today? Similarly for the 20p and 50p coins. And is it legal to melt down these coins? In the USA it's not legal. Cheers.
  18. Not quite as cheap as on here, either, specially when comparing like for like condition.
  19. The reason it won't happen this time (20% mortgage interest rates on variable rate terms, for me, in Canada, briefly), is that there is absolutely no stomach for such punitive interest rates by any Western CB Governor/Chairman, unlike with Paul Volcker. For all the reasons you quote, it ain't gonna happen, and so the stagflation will squeeze the pips right out of younger generations of homeowners, through pernicious inflation, rather than y interest rates going to positive real rates as an anti-inflation deterrent. Result: stagflation will be prolonged, social cohesion will suffer, civil disobedience will rise..... Gold and Silver will be some of the few safe harbours during the coming tortuous times, across the West.
  20. I have a realistic disbelief in its protection under the "SHTF" scenario, above. I have 100% belief in Gold and Silver in the Stagflation scenario, which characterised the 1970s until demand destruction from out of control commodity prices forced a global deep recession in 1973/74. That's why I have been stacking since Covid started, in 2020. Ukraine is the second leg of this inflationary journey. It's deja vu, for those like me who lived and worked and paid a 20% mortgage through the 70s.
  21. Pre-1947 coins can be bought around spot + 1-5%, but .925 pre-1920 around 30%+ in good condition. Not so familiar with overseas silver coins in high grade condition (except France 50Fr Hercules, which have high premiums). Trying to trade off premiums against higher silver content.
  22. Somehow, I don't think that having in your pocket a bunch of sovereigns or krugerrands is going to get you a ticket out of Ukraine, except under great discounts to intrinsic value, let alone with silver eagles or brits. The idea of PM physical buying your way out of trouble is a farce, at the very basic level of survival.
  23. Jultorsk, what's a "registry set" please?
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