ShropshireTom

I wish I had some left! I remember a few that I didn’t have the heart to scrap and had them put to one side. I’ll have a dig and if I can find them I’ll let you know. I wouldn’t bet on it though 🤣 my junk cupboard probably has 100+kgs of .925 and below silver. If they are in there they will take some finding. most conversations in my house start “What the f*ck is that? You are actually half magpie, aren’t you?! I know what you are going to say, don’t even think of saying “But it was cheap”! And if I hear you quote spot price one more time I’m going to scream.” and just so you know, the response of “Well if we extended the garage, I could spend the money on expensive, unreliable, heap of cr*p expensive Italian cars and motorcycles instead of precious metals.” Absolutely does not work 🤣🤣

In my experience they vary from the quite reasonable to the daft expensive (compared to its metal values anyways). They tend to command a much higher price if they have been counter stamped. Some multiple counter-stamped examples get a very favourable price indeed. I used to see these all the time years ago and sell them as scrap, wish I had kept a few of them!

I don’t have a doctors appointment to trade for it, but I believe it’s roughly equivalent in value to the fractional HGV drivers I have for sale. 2 Gallons will get you a rare 1967 vintage 1/100d (don’t confuse the d for old pence, that’s d for driver). What do you say??

I’ve been eyeing BYB stuff for a long while now, but haven’t until this release purchased anything. I’m really impressed with the 100g forum bar - don’t know why I waited so long! Great bar and looks awesome. Cheers BYB!

Hi, Could I go on the waiting list too please? Thanks Tom

Hi Pete, I succeeded in buying a couple of coins from @PowerCoin earlier in the year and they came through with no issues and without attracting VAT. I think a lot will depend on what is written on the customs slip. However, a few old coins from the continent from fleabay have the VAT added by **** Turpin himself at the time of purchase, which doesn’t even give you the chance to risk it. Hope that helps tour thought process some. Tom

I like doing this too. My favourite are the ambulance chasers. Not so much fraud as bottom feeders granted, but easy sport. “Yes I had an accident” is all it takes - and they are on the hook! I often make up injuries to body parts I’ve made up. Haemorrhage of the oblungta, internal damage to my gnosifum etc. Occasionally I’ve told them I died and they chat away for another couple of mins.

Thanks, I hadn’t even looked at the other denominations. Appreciated - I’ll start doing some research 👍🏻

Thanks Roy. Luckily for me my cousin is a tax lawyer in NC so it’s all already sorted for payment when the property sells. Interestingly, largely the tax bill is paid in the UK under some agreement to only tax inheritance once. However there are sales taxes etc to be paid.

I’m hoping for some shop recommendations and a steer on UK premiums for gold Pesos. Bit of a long story, but this year I will have to sell my late Father's house in Virginia. Whilst most of the money will be sent back to the UK, I thought I’d take the opportunity to get a few coins whilst I will be in the US. My family are in Greensboro NC and I will be spending some time emptying the house in Virginia too. Google has supplied plenty of details of coin shops and Pawn shops, but I was wondering if anyone (either side of the pond) has any personal recommendations? Same goes for the US websites - of which there are plenty! Finally, the gold libs seem as scarce in the US as they are in the UK, but the chunky 50 Pesos coins seem somewhat more readily available, what kind of premium do they carry in the UK? As always, I’m using as a store of value rather than trying to turn a profit, so I will likely have them for a while. I don’t mind paying a premium I will likely see back at sale time (spot price fluctuations aside) but don’t want to pay a US premium I’ll never see again in the UK. I do like the Gold Eagles too, but Libs are a personal preference. I might get an ounce of Plat too if I can find an Eagle competitively priced. Thanks in advance for any info provided. I will be carrying it on a plane so I also won’t be bringing back a huge haul.

Well that’s an interesting question without a simple answer! At its most basic, silver - like all metals and most commodities - has a spot price. That’s the market valuation of a resource in a readily utilisable form - I’ve spent most of my career in metal (not PM’s though) and spot prices are very widely used as a staple price guide. From there, there is the spread - the % difference that dealers will buy and sell at and so make their profit. For PM’s this may be relatively small, up to 5% for gold but often a couple of percent. For copper and titanium, to use as random examples, this may be as high as 20% depending on several factors. The spot price is not guided by simple supply and demand, though it does have an effect. It is rather more heavily impacted by market sentiment and outlook. For example, I traded several millions of pounds worth of copper when demand was relatively low but economic outlook for the Far East was very good and prices were correspondingly high. Careful timing led to a handsome profit for my employer. With PM’s, there’s a lot of other factors. The form of the Silver plays a big part. Bars, coins and bulk ingots carry differing premiums. Proof silver of a rare coin such as a Libertad will carry a much heavier premium than a cast kilo bar. I won’t comment on the vagaries of PM markets as I would be commenting on a hobby that I find interesting rather than from a place of experience and knowledge. Maybe my knowledgable friend @Pete could offer some of his wealth of knowledge on this subject as his knowledge of the PM world is surpassed only by his generosity of time spent assisting those of us with less experience. @BackyardBullion and @ChrisSilver also offer very sage words indeed on the subject. I can whole heartedly recommend @BackyardBullion YouTube channel for a source of bullsh1t free refreshingly level headed information and opinion. Finally, decide the reason for your foray into the PM market. A store of value is a very real and well guided reason for PM investment. Timing the market and trying to win big is not necessarily the best reason reason - though it has been done and undoubtedly can be done again with sufficient research and dedication. Hope that helps you out a bit.

Hi - my recommendation for selling this stuff is as follows: Pre-1920: Crowns & Double Florins - list individual years with pic as people like these and collect them. Half Crowns & Florins - small lots of 5 to 10 coins seems favourite unless it’s very rare, also easy enough to sell individually. everything else - often easiest to sell in larger batches by weight unless you know your coins to be particularly good condition or rare. post 1920 50%: Sell in lots by weight at spot or just above. I buy and sell a bit of pre-decimal and there’s always a market. I’ve brought plenty from here when it’s keenly priced and my observation it sells quickly and reliably to forum members. Good luck with whatever you decide to do

Can I get on the waiting list please?