modofantasma

One for the accountant that

9 minutes ago, Gruff said:

You drive a Bentley?

Never had a Bentley. Still think walking is where it is at. Cheap and healthy 🤤

12 minutes ago, Darr3nG said:

Another boating accident? Sorry for your loss  

7 miles per gallon out of the 6 litre lump sees to any other loose change. Spare us some change guvnor? 

Just now, Darr3nG said:

Another boating accident? Sorry for your loss  

Come on... Who believes this story? I don't own any metals any more had to sell it to cover the gambling addiction 😉

9 hours ago, HerefordBullyun said:

What was the Chicken Kiev like in the virtual cafe?

 

Digital chicken. Good for a low carb diet I heard 

3 minutes ago, MLNCoins said:

They sent me a scratched 2022 bullion sovereign, and are unwilling to replace when they have stock. Here's the full conversation for full transparency:

Hi there,

 

 

A bit of a shame, especially with new coins, so be mindful of this when ordering new stock. As it looks like they don't QC their new coins.

 

I left a fair review to reflect the experience.

 

 

 

How 'bad' are the scratches?  Have you a photo? 

7 hours ago, Topgun said:

Off subject. I am new to this forum. What is considered a good stack in silver. Number of ounces. Thanks

Hi.

It depends on a lot of things...

Some people like to go as a % of overall portfolio, some people want to have a certain £ amount to cover say 3 months living expenses.

For some it's just money stored in silver that would otherwise have been 'lost' gambling, drinking etc 

Your reasoning for silver in the first place should help you decide. 

Whatever total you decide is right for you I'd suggest to average in your position and not buy it all at once.

For example you think silver will remain stable and want £12k worth of silver stored to cover an unexpected night out, it would be wise to buy in a few different batches say 2k at a time spread over the next year (your choice, the takeaway being you will not risk buying in on one transaction that could be the highest price of the year) you might buy some at £17 per oz some at £18 an oz then some at £16.50 an oz and then some at £22.

Hello.

I and many other members could vouch for Baird mint being a reputable dealer but like you say being in the UK that could be an issue. I'll let someone else step in who perhaps has experience on that. 

Some other European dealers incase you've not already come across them goldsilver.be and silver-to-go 

Even if you've not got an incentive for CGT free coins the modern Britannias have a couple of security features making them quite popular though my experience is that quality is poor.

Recent year maples have been the best in terms of quality that I've personally seen 

8 minutes ago, James32 said:

£1506 at time of writing

https://tavexbullion.co.uk/gold/1oz-south-african-krugerrand-previous-years/

Did they run out of 2022 sovs? 

Proof coins and bullion coins are on a different release schedule I heard 👌🏽 

Forex traders are doing this daily digitally...

It could potentially work with physical if you can get low spreads on your exchange and one currency falls vs the other.

Look at a few currency pair charts for eg gbp/chf and there was a 50% swing in exchange rate over a few years from 2007 to 2011

If you bought £10k worth of CHF you could have then sold it and bought back 50% more GBP in theory

Equally if people with a currency that has really suffered in recent years bought CHF or USD as opposed to saving in their local currency it could have protected their funds 

Welcome to TSF. Easy to go from dipping a toe in to deep sea diving in no time. Go steady 

17 hours ago, TheShinyStuff said:

A few weeks ago a jewellers in Glasgow looked me straight in the eye and asked £40 (yes, forty) quid each for manky silver Brits. It cracks me up just thinking about it!!😀

Don't t leave us all hanging on half the story. How many did you buy? Did you 'back up the truck?' 😂

£17.50

I like the cast bars. Baird quite nice. 

I've not bought from Sharps but they are a genuine outfit many members have purchased from there. 

The downsides to bars vs say Britannias or Sovereigns, they are not exempt from CGT which may or may not be an issue when you sell anyhow. 

You can call a few dealers and ask what they pay for 50g gold bars compared to sovs or brits. (eg spot or 99% or 98% or whatever. 

Otherwise it might become more difficult to post the 50g bar if gold price increase much more as SD covers to £2500. Dealers are equipped for this but might just be another minor inconvenience should you decide to sell. 

I've heard it from a couple of dealers they prefer equivalent value in sovs than bars as they just more popular but I doubt there are any established dealers who wouldn't buy a 50g bar 

50 minutes ago, FlorinCollector said:

I don’t know if there is much of a case for gold to go up either in current times. 

Cost averaging will keep us safe 👍🏽 

26 minutes ago, bilko said:

Just curious but what does a small safety box come in at? Asking for a friend 👍👍

There are many options in most towns or cities. Best bet just search desired town and safe deposit box. Some open Sunday too. Can be from as little as £10 a month. 

Just now, Paul said:

silver is the money of gentlemen, barter is the money of peasants

Ahh yes gentleman's metal 👍🏽😂

Gold down about 11% in USD from March and about 5% in GBP

GBP /USD from around 13200 down to 12300 in 2 months 

As @stefffana infers though we should remain on topic.

Whilst XAU has dropped back in USD terms us shopper's could do with GBP gaining from where it is. Right now it's not far off its weakest point in years

3 minutes ago, James32 said:

I've a pile off 1oz silver coins and I accept your offer...pm for payment details ✨️ 

I think there is a whole section of the forum dedicated to the peasants metal somewhere 😂

26 minutes ago, Paul said:

We've broke sub £1,500 !!!!!!

Happy to take any 1 oz coins off your hands for £1k today, before they become worthless 😂

4 minutes ago, GoldDiggerDave said:

I have a few different ones of these for the Jubilee head sovereigns 1/2 full £2.   Mr Steve Hill was kind enough to send me copies.  

Good bitesized reference books.  

Thanks 👍🏽 Looks like a good resource