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Divmad

Silver Premium Member
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  1. Like
    Divmad got a reaction from TeaTime in Is coin collecting going to go the way as stamp collecting?   
    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.
  2. Like
    Divmad got a reaction from Zhorro in Is coin collecting going to go the way as stamp collecting?   
    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.
  3. Like
    Divmad reacted to TeaTime in Is coin collecting going to go the way as stamp collecting?   
    People need to place a value on things. Always have and always will. Stamps have no intrinsic value yet it didn't stop collectors from buying them (i am one of the old gits who still collects them).
    The fact that something isn't in everyday use is largely irrelevant - what does make a difference is perceived rarity. One could make an argument that as coins become less used (and therefore less common) then the perception is that they are rarer so worth more. 
    The reality is that the media largely leads the masses into believing what has value (a good example is the Kew Gardens themed 50p coins). There will always be the next big thing but throughout all the fads coins have maintained a solid collector base. There is something basic about hoarding that i can't see ever going away. At the moment hoarding is still generally considered to be collecting tangible, real assets rather than digital ones. This may change in the future but it will take generations to do so. If it ever happens - there is a reason everyone loves Scrooge McDuck.
    No easy answers then - it's a combination of politics / hyperbole and the basic human desire to own something with perceived value. 
    Who knows, maybe stamp collecting will once again become a fashionable hobby once no-one bothers using them... The current RM strikes may well prove a windfall for old gits like me
  4. Like
    Divmad got a reaction from ZigZag in Is coin collecting going to go the way as stamp collecting?   
    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. 
  5. Haha
    Divmad got a reaction from dicker in Worth buying for investment purposes?   
    I just worked out that this set contains 2oz of Silver. For £420????
  6. Haha
    Divmad reacted to modofantasma in Impressed with Tavex Bullion   
    Tip of the day: Put the packaging in your neighbors recycling bin 💡
  7. Like
    Divmad reacted to Earthmetal in Are commemorative Crowns a better buy than bullion coins?   
    Well, I haven't yet, but I do have a plate, dish, spoons, sugar tongues, vesta case, napkin ring, cruet set, medals, fobs...
  8. Thanks
    Divmad got a reaction from AaaGee in Worth buying for investment purposes?   
    I just worked out that this set contains 2oz of Silver. For £420????
  9. Like
    Divmad reacted to Anteater in Worth buying for investment purposes?   
    TBH the fact that the URL has "londonmintoffice" in it is a clue in itself
  10. Like
    Divmad reacted to westminstrel in Sovereigns/ Charlie Chuck Chuck   
    King George VI became King in December 1936 and they released coins with his effigy in 1937.
    I personally believe the RM will release commemorative 2023 dated coins with King Charles III’s effigy. From what we know, they’ve been planning it a long time already.
    It would certainly be strange to release 2023 dated Sovereigns starting in December this year, for example, when QE II has been dead months.
    That’s just my thinking.
    I believe after the funeral which will be in 9 days from now, and after the end of public mourning, they will begin to announce KC III stuff.
  11. Like
    Divmad reacted to Midasfrog in Gold Sovereign selling prices in the high street near you today   
    I wonder if having a few sovereigns in the window with high prices attracts people in selling their sovereigns hoping to get a better price .
    Once in the shop it is harder for people to turn down a slightly lower price than expected all though a high percentage of the general public dont have a clue what the price of gold is and have never heard of spot price. So just getting any cash for the sovereigns found in their relatives house clearance is a result .
  12. Like
    Divmad got a reaction from ArgentSmith in What's the Lowest Premium way to stack Silver coins, with high silver content (0.8 and above)?   
    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.
  13. Like
    Divmad got a reaction from GoldenGriffin in The coming Gold crash   
    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.
  14. Like
    Divmad got a reaction from artalien in The coming Gold crash   
    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.
  15. Like
    Divmad got a reaction from GoldenGriffin in The coming Gold crash   
    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.
  16. Thanks
    Divmad reacted to stackerp5 in What's the Lowest Premium way to stack Silver coins, with high silver content (0.8 and above)?   
    Hi Divmad, check out @sellerstacker, who's got some pre1920 scrap coins on sale always at reasonable prices  
  17. Super Like
    Divmad got a reaction from Zhorro in European Coins Thread   
    Today I received these two Netherlands 2 1/2 Gulden silver circulated coins, in VF condition. 1933 and 1938 for comparison. Notice the differences? There are three (apart from the date!).
  18. Super Like
    Divmad got a reaction from Zhorro in European Coins Thread   
    Today I bought 3 x 1965 France 20 Francs Hercules. Love the artistry, the balance, the symbolism. All in a once circulated coin.

  19. Like
    Divmad reacted to AuricGoldfinger in Gold Monitoring Thread £ GBP only   
    The rise is gold price is helping me lick my wounds slightly after the battering my SMT shares have taken in last few months.
     
    It doesn’t cover the downside but it’s a pleasant distraction.
    Was hoping the price would hold out until I bought some 2022 sovs but such is life! I think we could see a new ATH this year. 
  20. Thanks
    Divmad got a reaction from SilverPlatinum in The Platinum Jubilee Celebration Two Silver Coin Set   
    I don't know about the Canadian Mint, but I notice that the RM Crown Silver Proof Platinum issue was selling at £92.50 before it sold out. With a silver content of 28.28gms, that's about 5 times the intrinsic value of the coin. Some premium!
    Makes me think that the 2015 Longest Serving Monarch Crown, currently treading around the £35 mark for the same mintage, isn't so bad a deal after all.
  21. Like
    Divmad reacted to Stuntman in Are the ultra low 2001-2009 Sovereign mintages for real?   
    I think they are almost certainly accurate.  Gold was fairly unloved and uncollected back then, because the price was low and many people didn't see the value.  The price only really started to get going in 2006-07 and then the financial crisis played a part in the change in the gold price trajectory from late 2007 to about 2012.
    I have 2003-06 bullion sovereigns (won them as prizes in a previous sporting life) and I would certainly recommend buying any 2003-08 bullion sovereign at bullion prices (excluding the 2005 which will always command a slight premium), in case the collector/numismatic market subsequently places a premium on them because of their relative scarcity.
    I would happily pick up a 2007 in particular.
  22. Like
    Divmad got a reaction from James32 in 1845 Sov on EBay - Something about this coin I can’t put my finger on…   
    Sold for £745
     
  23. Like
    Divmad got a reaction from Griffo in How do I/should I, unslab a slabbed coin?   
    In my naive first purchases of Peace Dollars, back in 2008, I bought coins from the now defunct UK Grade Evaluation Company. Stupid me. I can see now that the high grades are fictitious, but the coins are still highly graded and attractive, imho. 
    How best to sell them? Force open the case somehow, or sell them "as is" on here? 
  24. Like
    Divmad got a reaction from Griffo in Collecting Sovereigns   
    It's a real puzzle, and I wish someone could give a more precise sales number, through forensic digging.
    I note that Numista have bullion mintage figures of 250,000 each for 2010 and 2011, yet only 2695 for 2013. Whilst I understand that the 2013 number is suspiciously low, where did they get the 250k numbers from? Is that what is a reasonable mintage figure going forwards every year? Just because they're bullion coins, like all the ones of the QE2 era by the way, doesn't mean RM won't know how many were minted or sold since 2005?
  25. Like
    Divmad got a reaction from Griffo in Collecting Sovereigns   
    Perfect. You're a star!
    Now this is interesting. Look at the low "normal" aka bullion mintage figures for the years 2003, 2004, 2006, 2007 in particular. If these are accurate numbers, then surely these years will hold their own very well against the average in the future.
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