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Reputation Activity
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MrB got a reaction from foinikas in Portrait crown release
If they were going to do this all along, I don't know why they did not just sell them as a two coin set to begin with. Why make people wait for the second coin?
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MrB got a reaction from AndrewSL76 in Royal Mint - Great Engravers 2021 - Gothic Crown information
Interesting. I was hoping I'd get the call, and well, I did not.
Logged into my account, and checked my recent orders... Well well, there's the portrait.
I go back and check the email I sent in reply, and I basically said, yes, I want it, gave them my account number. I guess they didn't nee to ring.
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MrB reacted to Silverman2U in Today I Received.....
Check this baby out!
Have had for a week now. Think I may put up for sale on the forum soon, see if interest. Only 52 on the face of the earth! And it celebrates some that has never happened before a 70th year Jubilee!
3oz of Platinum… a cracker!!
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MrB reacted to BackyardBullion in 0% seller Auctions
Isn't this just the fact that a coin is not doing well?
My experience of modern coins is that there are quite a lot that go for less than royal mint issue prices just because they are not popular.
Putting any item in an auction will leave risk for sellers as to how much they will realize.
9/10 modern proof coins will end up losing people money (my opinion, sorry to burst some people's bubbles) but some end up doing very well.
I personally think any auction house brings way more potential customers than just trying to sell yourself, they add value.
Whether a coin is financially successful has very little to do with the auction house fees in my opinion.
Just my 2¢
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MrB got a reaction from Griffo in Royal Mint - Great Engravers 2021 - Gothic Crown information
I've sent stuff back for that kind of thing. For the price you pay you want better than that.
Looks like you are missing another piece on the O at the bottom of the picture too.
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MrB got a reaction from Jeffers46 in Royal Mint - Great Engravers 2021 - Gothic Crown information
I've sent stuff back for that kind of thing. For the price you pay you want better than that.
Looks like you are missing another piece on the O at the bottom of the picture too.
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MrB reacted to GoldDiggerDave in Royal Mint - Great Engravers 2021 - Gothic Crown information
I'm on a random YT silver stacking session. It's like a cult. You present anyone with a bit of common sense............All I said was it will cost more to buy a decent safe than the return from the silver you can store within it. Would it not be better just to stack empty safes as they appreciate in price along with inflation.
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MrB reacted to paulmerton in Chards Mystery Box
Oh my goodness, the photograph I found in the bottom of my mystery box makes even more sense now!
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MrB got a reaction from Ashes in Chards Mystery Box
Mine had some nice stuff, but the only gold was edible.
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MrB got a reaction from LawrenceChard in Chards Mystery Box
Mine had some nice stuff, but the only gold was edible.
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MrB got a reaction from Darr3nG in Chards Mystery Box
Mine had some nice stuff, but the only gold was edible.
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MrB got a reaction from LawrenceChard in Chards Mystery Box
Watch out for fake Chard unopened boxes on ebay!!
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MrB got a reaction from SilverDrum in Royal Mint - Great Engravers 2021 - Gothic Crown information
I am hoping to get one of these in my Chard's mystery box.
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MrB got a reaction from AndrewSL76 in Royal Mint - Great Engravers 2021 - Gothic Crown information
I am hoping to get one of these in my Chard's mystery box.
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MrB got a reaction from Darr3nG in Royal Mint - Great Engravers 2021 - Gothic Crown information
I am hoping to get one of these in my Chard's mystery box.
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MrB reacted to rlingford in Today I want to show.....
As a Canadian, I feel very proud of this beautiful coin!
Silver dollar proof, 2021
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MrB reacted to GoldDiggerDave in Queens beasts set
Royal mint "can you describe the problem"? Err yes have you seen a decorators radio!
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MrB got a reaction from kimchi in Queens beasts set
From past experience, it's hard enough having to hope that RM get it right with a single coin.
But ten at the same time? That thought made me not bother ordering this set.
Well, really it shouldn't be that hard. Should it?
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MrB reacted to Jvsvanman in Today I Received.....
My latest acquisition, probably over paid but really wanted it 😬😂
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MrB got a reaction from NewCoins in Next music legends - The Who
Doesn't seem to be much excitement here. Personally, I am over the Moon!
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MrB got a reaction from Paul in Next music legends - The Who
Doesn't seem to be much excitement here. Personally, I am over the Moon!
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MrB reacted to Pete in Newbie - strategy advice please
I wouldn't discard silver because everyone is comparing market price to scrap i.e. spot price.
If spot is £20 and a 1 ounce coin sells for £35 then most buyers of silver, excluding the banks etc. will use the £35 value and ignore the spot price.
Okay there is a premium plus 20% VAT but that embeds itself to the coin when trading.
Only when you liquidate to a bullion dealer do you forfeit the markup and tax.
What is the value of a bitcoin ?
Probably zero but people will buy and sell at whatever the market decides so that sets the price.
Same with our silver coins and bars except silver has a spot value so isn't zero.
Gold is bought and sold more or less around spot plus / minus single digit percentages.
However there can also be big premiums on some coins between buyers and sellers but when selling back to a dealer this premium is lost also.
For example I saw today on our forum a Queens Beast advertised for just shy of £2,000 when gold spot is £1,320.
Maybe people will pay £2,000 for an ounce of gold but a dealer will only give you £1,295 if lucky, which is 35% less than its "trading" value.
So in conclusion silver is not necessarily that bad even with its VAT and margins and only falls flat selling back to dealers.