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modofantasma

Silver Premium Member
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Everything posted by modofantasma

  1. As mentioned above at a low enough price anything will sell... For an idea of what sells quickly take a look on the for sale section of the forum... You can see the market changes slightly over time, earlier in the year almost everything was selling quickly at quite a premium, now it seems like the semi scarce or collectible ish coins are perhaps a bit slower moving. If you buy lower premium say <5% then the price doesn't have to move a lot to put you in the green. If however you stack fractional and premium coins 10% 20 or even 30% it'll take a lot of movement of price to get to break even. Sure you might get some premium back on the 2nd hand market but you might need to wait for a while... I see the higher the premium the higher the risk. I speak for bullion so proofs and graded coins may differ.
  2. Sometime the good thing about buying from the forum you can see the exact coin that you will be getting. I'm only buying bullion so not too worried about minor marks
  3. I bought a few things around the time I can't remember which came from which dealer but I've had good experiences with HGM.
  4. https://www.hattongardenmetals.com/buy/1oz-gold-2019-COA 20 available there at a reasonable price The 2021 which I bought was '2nd hand' and it was under 4 % premium delivered at the time
  5. I bought a gold royal arms and would buy more if the price is similar to a britannia. I paid literally a few quid more. Would I pay 1% or more extra compared to a Brit.. No personally not. I just like the design
  6. modofantasma

    Time to sell?

    Personally I wouldn't sell at a loss unless either I needed to have the £ there and then for some sort of financial emergency or I had an opportunity that would make it more than worthwhile to take a loss Eg if I were to lose £3k on the metal but the same money would go into a deal to make £10k The problem with trying to time the market you could miss out on the bottom. I prefer buying consistently over time which could be an option in your case if you continued to buy would 'average down' Ultimately if you will sleep better with the cash in your bank than the gold that's for you to decide. Perhaps a final question does it have to be all or nothing? Could you sell part of the stack?
  7. Welcome to the forum, happy to provide your first positive feedback. I'd be happy to work with you again in the future. 👍🏽
  8. Appreciate its an older thread. Just bear in mind CGT rules could change too. If I were planning to move abroad and sell in a different country then I might prioritise that countries coin perhaps.
  9. I like property and shares for investment. People have their biases and there are potential pros and cons to different assets. Metals I see differently, as an insurance or long term savings. In property you can have both capital appreciation and regular cashflow, there's the option of using leverage and it's scalable. Whilst people might not have disposable income to put into shares at times, they do need somewhere to live and in the right area there's only so much land available for building new houses (if any) For shares there's a lot of flexibility and generally it's quicker to liquidate equally it's often possible to get both capital appreciation and some cashflow but using leverage here is far more risky I feel. With any asset class it's good to remember you make your money when you buy. There are more and less optimal strategies in each asset class too.
  10. Top of my head maths that's about 40% increase in electricity prices? Is that Eon trying it on? Gas standing charge reduced by 1% but unit rate increase from 3.493 to 4.259p so plus 20% ish
  11. Around 10 Kgs of silver coins added this past couple of weeks. Off out on the canoe later hope I don't lose it all
  12. 100 half crowns, some big gold pieces and a Brit bar.
  13. Sorry for the spam but I've been patiently waiting for one of these for months at a good price. 10kgs of silver to go through next partly @DuncanWylieWilson to blame for that
  14. Videos are a bit behind real time 😂 it might be this side of Xmas
  15. Spending my spare change on metals instead of a decent camera sorry 😂
  16. Cheers to @DuncanWylieWilsonfor a few coins 2 rocking horse crowns, a Morgan dollar and a Victoria Crown. A few new banknotes to the collection of ermmm... Big banknotes? 1 mil lari from Georgia, Bolívares from Venezuela, Pengo from Hungary and 5 mil Drama from Greece.
  17. Still shopping just a small portion of income each month. I've not actually bought any volume of bullion coins since last year due to the prices and similar to you loaded up on old coinage until last week. Handy being able to make £ when the price goes down to via spread betting
  18. A few new bits and pieces this week. Love the Royal arms design
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