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Posts posted by Happypanda88
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14 minutes ago, Tn21 said:
Just buy, it will keep moving in a forward trajectory 🤔
I think
I'm waiting for a price correction, a dip forwards USD2,200ish (£1750ish). My view is that the gold price went up too quickly and likely to dip before another forward trajectory. What goes up must come down as they say ...... 😅
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Not good for those looking to buy ! 😕
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34 minutes ago, Britannia47 said:
Exactly the same tactics for me.
For me it was a no-brainier to hold for the medium to long term,
Just finished doing a cost averaging exercise on 14 of mine,ranging from a £210 Eagle to a £1159 Elk in price.
Will let others do the maths, but a very nice profit indeed. However past performance is no guarantee, as they say….!
Neither am I selling just yet. 😁
That is a very nice collection of coins. Well done. I found myself staring at them in admiration 😍
I used to buy mostly 1oz coins too. The main reason being that they are larger and I can appreciate the design more without having to use a magnifying glass. 😆
Also, they are normally lower in premium when compared to smaller coins, so better bang for the buck.
But with the recent hike in gold price, I found myself having to downsize and bought more 1/2oz size coins.
Let's hope the gold price doesn't go to the moon just yet, or else we'll be posting questions like which is the best 1/20 oz coin to own ! 😅
- Britannia47, Fishface220 and BipolarStacker
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I had the max amount in Premium Bonds from early 2000s up until 2015 (The max being £20k then increased to £30k). It was a save bet to park one's cash and with any luck could hit the jackpot. The returns were reasonable when the interest rate was high. I regularly get at least one £50 cheque in the post. There were even two £1million prizes at that time.
Things changed when the interest rate got reduced to 0%, I think around 2010 or 2011 and the prize money stopped coming. It was great timing (only by luck) when I decided to withdraw my cash and put it into PMs. In August 2015, 1oz au coins were around £750 mark. The price of gold is now significantly higher.
Could I have won a big prize or hit the jackpot had I stuck with Premium Bonds ? Who knows! Answer on a postcard if you think you know ! 😆
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47 minutes ago, Booky586 said:
It's a one of kind error and a unique coin. I'd keep it but put me first on the list @GoldDiggerDave if you decide to sell.
......but would you ask for a discount on the missing 2.9 grams 😅
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.999 au coins can easily be scratched, so I put them in capsules if they don't come with one.
If they come in mint packaging ie. Sealed in plastic sleeve, then it'll leave them as they are.
This is except for
the copper penniessovereigns, where they rattle and jangle about even in 22mm capsules.With these, I place them into a coin sleeve where it holds four like this.
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On 30/04/2024 at 23:48, Brit2023 said:
Hi and welcome
Gold is getting cheaper by the hour.
Gold is getting cheaper by the hour.
Gold is getting cheaper by the hour.
You can say that again !
Welcome to the forum @Topcoat
Enjoy the journey into the world of precious metals. 🤗
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I am one of those who prefers to save up and time the market. Sometimes I get it right and other times not so.
It is rare for me to buy an odd coin here and there unless it is something really like and at a good premium.
My last purchase was four months ago for ten 15g pandas. The premium was 1.5% above spot so it was a very good deal.
Right now I am waiting for a price correction. But I could be horribly wrong. 😊
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Hello! Welcome to TSF 🤗
- monkey and CultureOfCurrency
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I started coin collecting as a hobby in my early teens and can't remember what my first silver piece was.
But in terms of bullion, my first order was from Coininvest, Germany in August 2015 for the following:
2015 ASE, Bison, 2x Britannia, Kookaburra, Maple, Noah's Ark, a total of 7.25oz averaging £15.98/oz posted (and inc. 20% VAT).
I was new to silver bullion at the time so wanted to test the water by buying a small sample (paying by credit card even with 2% surcharge) from a company I only read about.
From there, I had placed a larger order with them and paid 20% VAT.
Imagine my annoyance when I learnt that Silver-To-Go, its sister company at the time, sells the same coins at 0% VAT ! 😒
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8 hours ago, Sily said:
my main reason for signing up is to discuss everything trading and precious metals with like minded people.
Welcome to the forum. You are in the right place.
Enjoy ! 🤗
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16 hours ago, Silverman2U said:
I collect Pandas. Are you looking to offload them ?
If you're willing to sell them for a little over the spot price then I can take them off you 😬
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17 hours ago, Silverman2U said:
These 1976 Olympics commemorative sets are very nice but were so unloved by collectors even though they are .925 silver. I started noticing them in 2016 and have picked them a few sets and individual Coins in proof and BU for around spot. From my spreadsheet, I picked up 23 coins or 26.6 oz (ASW) over a two year period for a princely sum of £331 or £12.44/oz. So unless they are more sought-after on the current market, my guess is that they will still sell for around spot price.
Gold Monitoring Thread £ GBP only
in Gold
Posted
You might be right about USD2300 being the new baseline. But in years of stacking has taught me not to adopt a FOMO mindset. So I'm biding my time, already saved up to time the market based on my prediction (I could be horribly wrong of course). I tend to buy a few coins in one order. Sometimes the premium is lower when buying multiple coins. This approach has served me well thus far and it is my personal preference. I don't particularly like buying a little but often approach because of extra postage cost or extra travel expenses to the dealer.
I'm not too bothered should the gold price continues on the upward trajectory ........ But better if it goes DOWN DOWN DOWN please !!!
Where's Wonger ?!!! 😁