Matt29MR

Congrats @GrandadLion what a prize! 🥇👍

Delivery from @OlliesSilverBars to add to my animal collection. Absolutely stunning piece 

Thank you @cornishrich

51.9% of you should like this, 48.1% might not.....
 

Postman has just been, thanks @ChardsCoinandBullionDealer
 

From @5huggy 😁😁😁😁😁
The cap is glued fast!! Typical @5huggy LOL

@Numistacker appreciation day. Massive thanks for my first submission 

Something a little different for the collection today, 1847 Gothic Crown 😊

nice, however they should had start with SID
 

well in @Saskfan88 👍

Congratulation @adamthetaller 👍

Thanks @Matt29MR!

Congratulations @UnoWho 👍

I’m done for a while- so here’s my little lot collected over the last 32 months.  Video rather than photos, hope that’s okay? 
 
 

The below is not a forum rule but simply a recommendation for sellers.

A seller of a coin (or other item) will have a much better idea of the condition and imperfections of the item, than the buyer has. Of course this is only logical as the seller has the item and the buyer hasn't seen it in person.

When I myself sell, I try to list every imperfection on the coin. Sure, this likely will put some people off from purchasing but I believe that it is important to be 100% honest. I also understand how it is from a buyers point of view. As a buyer, I (probably wrongly) assume that most sellers are like me and therefore if I see that there is no comment about the condition, I presume the condition is very good or at least good (in my opinion.) When however, an item arrives and there are issues or imperfections on the coin (or other item) it is saddening, but often not worth complaining over. I would however be cautious of that seller in the future.

In my opinion, telling the condition of a coin from a photograph is hard. Some members are exceptional at studying photos and picking up details, but I personally find looking at a static image quite difficult to ascertain the real condition of a coin. Often a photo will look like there are some imperfections on an item but the actual item looks perfect in real life, and vice versa.

Though the buyer also has a responsibility to ask the condition, as a seller you know more about the condition of the item. To avoid any issues and to keep the forum trade section transparent and honest we strongly recommend for sellers to disclose the condition of their item. i.e. mentioning any imperfections, spots, milk spotting, lint inside the capsule, damage to the capsule etc.

Of course, a seller can not state what grade the coin is (unless it is graded.) Those looking for absolutely perfect examples in their collection may want to consider graded coins. But a seller can state if their are any imperfections.

I already see a large number of members who always list every small detail about their item and I would like to say thank you for doing this 😊

This 2019 Matte sovereign was one I minted at the Royal Mint VIP tour last September. PCGS thought I did a reasonable job and graded it MS70. 

Congratulations @Liam84 👍🏼

A massively majestic Perth Mint 2014-P 5 oz Silver Australian Wedge-Tailed Eagle High Relief, Gem Proof...


 

My latest money making sideline involves flipping limited edition art prints or original pieces.
Takes a little research to get up to speed on the current trends of who's hot and who's not then its just a case of waiting for the latest print release, a mad F5 refresh session followed a quick buy then sell for an easy profit.
Good site to build up some knowledge: http://urbanartassociation.com/
To date I have doubled my investment on several pieces and holding a few more slightly longer term for a larger return.
Holding these longer term:
The notes are created by "Penny" a surgeon that quit the day job to become a full time artist.  They are created using real bank notes and hand sprayed using up to a 20 layer hand cut stencil using a scalpel.  The second one pictured uses a real £10 and a real Peso note:



A John Doe "Miss Universe" Artist proof Gold Edition (1 of 5 created)

Henrick Uldalen original oil on glass:

Marchal Mithouard Ondes coloured print

Marchal Mithouard Ondes monochrome print

Charming Baker, created for a "Big Issue" charity edition of the magazine

 
Tip of the century if you are lucky enough to grab one is a new "Invader" print is shorlly due to be released from the lazerides gallery : http://www.lazinc.com/
Some of these prints are now hitting up to £15k in galleries and on ebay and should be <3k when released.

Another couple of ounces.
Really like the new Brumby and you cant have too many Brits...

Great thread. Everyone wants financial independence and I have a similar goal, but that doesn't mean I won't continue to work as I believe work fulfills an important human requirement.
Firstly, I agree with your views on property. That goose is dead, and when (not if) the crash comes, many overleveraged people will be wiped out and the accompanying economic recession will be much worse than 2008-09. That said, I do believe that eventually owning your own home at a sensible price (ideally around x200 gross rent) is an important part of becoming financially independent, but those sort of prices wont return until there is a violent price reset.
 
I also agree that, unless you are VERY savvy, PMs are likely not the way to future prosperity. Of course, some of many of us discussing this are trying to get to that "very savvy" pointy end, but you have to be very contrarian to do so, and I'm not sure that we are at that stage of the commodities market these days as we were in 2000-2002. PMs main role is to preserve purchasing power, which is not the same as building wealth. There may be, indeed surely will be, a time where PMs have their moment in the sun and offer the chance of a big return, but for the most part it is "insurance".
The rules of building wealth are simple (but not easy):
-maximize your earnings
-minimize your expenditures
-invest wisely in proven sustainable, wealth-building assets when they are attractively priced
-diversify to spread your risk around, but only as much as you need and only invest in what you understand
-avoid chasing a fast buck and making mistakes which can wipe out your capital. A 10% loss just needs a 11% rise to recover, a 90% loss needs a 1000% rise to return.
Most of the time none of this comes easy or quickly, and in today's environment cheap money has inflated every asset price (except commodities) so your choices are limited. But if making money was easy then more people would be rich!
I also think that setting a time frame for such "blue sky" goals is not a good idea. Maximize your own potential and focus on smaller deliverables. See where you are in 2 years time. Most of us are seeking the same goals and working a lifetime to get there!

@Dee 
Think the initial confusion was using the word 'sovereign' in your initial post. I know what you meant, although a 'sovereign' refers to a particular UK gold coin as others mentioned above. I assume that you were referring to silver coins that were also minted as a currency, by a National mint, etc.
With silver coins you need to consider the 'spot' price of the metal itself (currently around £14.50 per ounce) plus the 'premium' on top of that which is essentially the cost of getting the metal, melting it, making into nice shiny coins, and distributing - this is why a one ounce coin won't be for sale at £14.50.  Then there is the 'numismatic' value, which refers to another type of premium based on the desirability of the coin among collectors/buyers.
a) So one ounce of pure silver, in isolation, should cost £14.50.
b) A generic one ounce silver coin with no particular collectible value seems to currently be available for around £20 (or spot + 38% premium)
c) A rare, perfect condition one ounce silver proof coin from a hundred-odd years ago might cost (these figures as an example only) £50 (or spot + 245% numismatic premium)
Stackers like to buy (b), collectors like to buy (c), and everyone would like to buy (a) but generally can't.
There's loads to it, I'm new to it myself - the buy/sell pages will give you an idea of roughly what stuff should cost.
To answer a couple of the specific questions you ask though:
The generic coins (what I think you meant by 'sovereign') that you're best looking at are: silver Brittanias, Canadian Maple Leaf, Krugerrand, Philharmonics, and maybe American Silver Eagles.  I'm sure there are others but these seem to be the most common, and usually have the lowest premiums at traders. They're popular & common and so have little numismatic premium (though some years did have low mintages, which would change this fact, but that's one to read up on.)
Where to buy - the forum selling threads are first stop, as you're likely to find some nice deals and won't have to wait long for delivery if the seller is also here in the UK with you. If you do buy from online traders, don't buy silver from UK-based dealers as you have to pay VAT.  There are European dealers from whom you can buy without paying UK VAT. I don't really study tax law, but I understand that this is totally above board and isn't the same as 'avoiding tax'.  Obviously, the delivery charge would make this a bad deal for small purchases, usually between £9 and £12 (in my experience) for a small package.
The general advice here seems to be to avoid eBay unless you are very confidant in the seller. there are plenty of fakes (less so with silver than gold, but still) and the seller will be paying eBay fees on the sale. This means that they are making enough on the sale to cover those fees, and so you're likely to pay over the odds. Of course, there ARE reputable sellers and good deals on there too, but just tread carefully.

You might want to start reading about silver and gold coins, watch some Youtube videos and read many of the very interesting posts in the various sections of this forum.
Do this before you make any purchases as you don't want to fall into any traps.
Just be careful - and if you are going to start buying silver coins familiarise yourself with the most common and popular coins.
Before you buy any maybe enter a request in the UK trade section.
Lastly - sovereigns I am sure you know are 22 carat ( 91.66% gold ) gold coins and will cost about £360 each at the moment or a lot more depending on the supplier.
For the same amount of money you could buy about 20 x 1 ounce silver coins.
A sovereign is about the size of a one pence coin and to a new stacker might be kind of scary relating what's in your hand, hoping you don't drop it and loose it in the pile of your carpet, to what you just paid for it.