-
The above Banner is a Sponsored Banner. Upgrade to Premium Membership to remove this Banner & All Google Ads. For full list of Premium Member benefits Click HERE.
Content Type
Forums
Premium Membership
Dealer Directory
Wiki
Videos
Prize Draws
Posts posted by 272
-
-
- Popular Post
- Popular Post
-
-
-
Picked up a Touchstone today from Royal Mile Whiskies (balloted), although the UK is behind as ever as they announced Covenant as the next edition the other week!
-
31 minutes ago, NumismaticNI said:
Although this is separate to coins. Does anyone have any knowledge about whisky, aswell as the Coronation coins I have already purchased, I'm interested in the McCallan Coronation Whisky, any knowledgeable collectors out there could advise if this would be a good investment?
There's a separate 'Lets talk Whisky' thread on the forum.
-
Chards now has the SOTD in stock - but as they want £1295 its a hard pass for me!
-
Got the 1/4 oz gold and 2 oz silver from coin dealer sites. No luck with SOTD!
-
Queue numbers dropping off accordingly now the SOTD sold out
-
On 21/04/2023 at 08:35, Paul said:
To be fair, I emailed CEO Anne jessop herself directly a few years back was replied to personally within 30 mins and the customer services director called me personally and resolved it. That call got me an account manager, that account manager sorted me a credit account, that credit account afforded me bigger spend on better gold, moaning sometimes is good necessary and opens doors, It not always doom. Hope you get your issue resolved
Didn't work for me. Did get a prompt response and a named lead but still went round the houses on the earlier Tudor beasts coins and gave up in the end.
-
3 minutes ago, westminstrel said:
Are those dust spots or marks on the coin?
Both - definitely dust and fluff inside the capsule but also some clear marks and dings - particularly on the rims
-
Got my 2Oz set from @Chards the other week but waiting to return it as the obverse of both coins have marks. Shame as the coins look great and a love the rim. Emailed them last weekend and not heard back so will have to ring them.
-
12 hours ago, lubi29 said:
1 oz, 2 oz silver proofs should be despatched on 7th April. Boxes were early March.
I was told June for the 1/4 oz
-
Got another memorial three coin set from @ChardsCoinandBullionDealer Full and quarter sovs seem fine but serious frosting issues with the half - never had a coin that bad in terms of frosting holes / issues before - usually dings, scratches and debris!
- Mtaybar and SilverDrum
- 2
-
Preordered the 2oz set from Chards- can't be bothered to send the coins back to RM 5 times or more to get a decent set!
-
On 08/03/2023 at 12:55, FlorinCollector said:
I received my box for the quarter ounce gold. Hopefully get the 1/4oz gold coin this year some time 🤣
Apparently late June when I emailed them the other week - but hey who knows!
- FlorinCollector and JamesH
- 1
- 1
-
43 minutes ago, MetalsMan said:
lowkey interested in what they wanted for it😏
I'd zoned out by that point - I think they were mentioning a £144 monthly payment plans so probably a lot more than £1280.
-
-
5 hours ago, GoldenGriffin said:
Those that wrote and knew the rules in the 30's, knew what type of gold to buy and were exempt and the 'few' benefitted from the revaluation and the majority did not.
I suppose if we see regulation changes today or recently that affect gold and limiting types of ownership, that could be a sign for things to come.
But let's hope we don't see a repeat of the 30's. If we did, then I think those that do have to exchange their gold for fiat will get significantly more than what they paid for it before the price is reset more towards where it should be.
Not so sure about that - before 1933 the price of Gold peaked at $22.59 /0z in 1931 and then dropped back down to near its pre-crash levels before rising again in 1933. The US Treasury paid a fixed price of $20.67/oz to turn in their gold to the Treasury. Looking at the charts for 1933 (Macrotrends) the average price was just over $26/oz. After purchasing gold at the price of $20.67/oz from its citizens, the US government raised the fixed price of gold to $35/oz using the Gold Reserve Act on January 30, 1934. So effectively the dollars paid to those Gold holders was devalued by over 40%. Similarly while I doubt the UK government would definitely introduce a another restriction of Gold bullion ownership right now, I forgot to point out that the 1966 to 1979 period was a time where the pound had already moved off of the gold standard. I will definitely hold a significant proportion of Gold in my portfolio but given the actions of countries including US, UK, Australia etc in last century around restricting Gold ownership (and for sustained periods - not just a few months or years), I'm not assuming its my only 'get of jail free' card.
- EdwardTeach, Zeuk and flyingveepixie
- 3
-
48 minutes ago, GoldenGriffin said:
And gold didn't crash in the 30's it was revalued at a higher rate.
Not the point I was making. If you were a US citizen due to executive order 6102 couldn't own most forms of gold coins, bullion and certificates and was required to exchange it for dollars which would not be exchanged back for gold and most gold ownership was illegal in the US until 1975. The 1934 gold reserve act then made it illegal to exchange gold for dollars. In the UK citizens were banned from owning more than four gold coins dated after 1837 due to the exchange control act between 1966 and 1979.
Given we are no longer on the gold standard I doubt this would happen again but if things go belly up don't assume one asset to be the solution.
-
I suppose it depends when you claim your pension and how exposed it is to the markets (many shares lost more than 80% in 2020 and bounced back very quickly) and duration of the crash. Mine isn't especially dependent on the markets directly so if I'd retired in March 2020 it would have had zero effect for me. It would also be more about how governments responded to that to either to stimulate growth or raise revenue. Governments could do any number things to increase taxes / restrictions on any other asset they then have their eye on. I've diversified what I can plus I have another business interests outside of the day job I could continue if needed. Risk is equally about proportionality and likelihood.
-
2 minutes ago, EdwardTeach said:
I sincerely hope it doesn’t happen, but do you guys have a backup plan if there’s another 1930’s style mega-crash causing your pensions and other stock and shares linked investments to become virtually worthless?
Would your gold and silver be enough to retire on?
You mean the same crash that led to the Executive Order 6102 in 1933 and 1934 Gold Reserve Act in the US? I don't think you should bet on any one asset of getting you out of a hole if an event like that occurs.
-
-
Got a final salary pension with good death in service insurance and survivors pension benefits so effectively locked into to that.
Topping it off with ISAs, metals and whisky, Will steer clear of additional property at the moment unless I have enough cash to only have a small or no mortgage.
-
Got my 3 coin set and as usual there are issues. Marks on both the half ounce and quarter ounce. I also agree with @Allgoldcoins I think the coin inserts are a step down in quality. I think if my latest Tudor beasts also turn up with issues I'm just going to give up on proofs from RM - love the designs but the QC is beyond a joke.
- 0laf5on, TheShinyStuff, Maxx546 and 2 others
- 5
Today I Received.....
in General Precious Metals
Posted
Sorry £2 piedfort not 2oz
https://www.royalmint.com/shop/limited-editions/tolkien/celebrating-the-life-and-work-of-jrr-tolkien-2023-2-pound-silver-proof-piedfort-coin/