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MrB

Silver Premium Member
  • Posts

    86
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    United Kingdom

Posts posted by MrB

  1. Regrets?

    1. Not piling in pre vat rules change for bullion.
    2. Not getting in earlier full stop when both gold and silver were much lower. At least pre financial crisis. I had the money. Doh.
    3. Buying too many art coins. Lovely to look at but they lose their premium faster than an brand new car driven off the forecourt.
    4. Getting into precious metals at all when I realise that i have to sell them on eventually. Shares are so much easier. 
  2. If you look at art coins like the rest of silver, your throat will close up and you heart will stop. Bloody expensive for the silver (or gold or whatever).

    Investment? Like most things, you need someone to sell to. Common silver is easy to shift, art pieces less so. I've seen the few that come onto this forum go for under their purchase price. I've got a few I bought from various mints around Europe. Fell in love with the designs. I sometimes wince over the cost even now. 

    And then the VAT rules changed. That made everything even more expensive. The last art coin I bought came with a hefty extra bill thanks to that.

    But they're not an investment. At least I don't look at them that way. They are art pieces, and I treat them as ornaments. 

    Exit strategy? Sell the bullion. Bury the art with me. 

  3. Mine just arrived (postman was already with red non-delivery slip despite my dash to the door the instant I heard the knock).

    Was worried given all the RM failures that have been reported, but capsule intact on delivery and coin... on initial inspection flawless. I got lucky with this and the first part of the pair. 

    Given my record of sending back coins from the RM, I am really pleased something they sent out this time around managed to come through unscathed. But we shouldn't have to deal with this anxiety and disappointment.

    Fingers crossed for everybody still waiting on delivery.

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