Wileyfox

Bump - now with capsules included

Now for sale with pics added

Hi all, I have for sale x3 1oz silver Philharmonics 2022 and x1 1/4oz silver Britannia 2024 Looking to sell as one lot - £75 plus post at choice, cost and risk of buyer Condition - one philharmonic has some spotting to the organ side, otherwise all looks good to me, these will come in well-fitting capsules Thanks for looking

Re-offered - now at 15% premium incl. SD

Bump with reduction in-line with spot

Re-offered

Hi all, I have for sale a 1oz platinum PAMP Lady Fortuna bar. The price is £860 £Sold posted SD. (~15% premium) I will be able to post on Monday to be with you expected Tuesday. No offers please, if not sold this weekend then it will be offered on another weekend at a similar premium. Good condition, any questions let me know. Thanks for looking.

Shipping from Germany so there’s extra charges but still - QE2 sovs for spot + 1% https://stonexbullion.com/en/gold-coins/sovereign/queen-elizabeth-ii-gold-sovereign-1957-2021/?change=1&curRate=pound_rate

Hi all, I have for sale a 1oz platinum PAMP Lady Fortuna bar. The price is spot + 20% + post. This comes to **** including SD. I will be able to post on Monday to be with you expected Tuesday. No offers please, if not sold today then it will be offered on another weekend at a similar premium. Thanks for looking.

Hi all, I have for sale a 1oz platinum bullion Britannia. It is a 2022 QEII edition, which has the security feature. The price is £900 + post at cost and risk of the buyer.

Someone has just pipped you by private message - I'll let you know if it falls through.

All done and packed up ready to go. 3 x '21 and 12 x '22 Krugerrands still available

Last call. If not sold today then will be withdrawn and relisted on a future weekend.

Brits now sold, 18x 1 oz Kruggerands still available

Bumperoo - if you can make do with ziplock bags/don't want the capsules then I can go to £23.75/oz on these. (Heading out soon - back after 9.30pm - any questions/more pics let me know)

Bump - now open to splitting this lot - £24/oz + post

Hi all, I have for sale 20 15 x 1oz silver bullion coins £23.75/oz + post at cost and risk of buyer £356 posted SD if taking the remaining 15 oz. Coins are: 2x 2022 Brits 3 x 2021 Krugerrands 15 12 x 2022 Krugerrands Coins are sold as bullion. Add capsules for 25p each. These coins are sold as bullion so expect some minor imperfections/milk spotting - close up shows most impaired coins, the others are in better condition. Thanks for looking.

Thanks for sharing, I also found the Part I particularly interesting. For anyone who hasn't read the article, in Part I the author is advocating reducing the weight of the sovereign so that it is equivalent to 25 Francs of the Latin Monetary Union (France et al) . He thought that this would've facilitatated international trade and prevented coins from having to be reminted as they went from the British Empire to the LMU and vice versa. 1 franc = 0.290322581 grams of gold so 25 francs = 7.25806275 grams of gold. If the proposal would have been adopted and 22ct gold kept, then newly minted sovs would've weighed 7.9179g instead of 7.9881g. Four sovs would then have the same gold content as five Roosters, Vreneli etc.

Good luck with sourcing. Hopefully something comes up.. if it doesn't then a possible approach (one that I have used with Pt) is to buy a Pd product e.g. in your ISA. At higher spot prices, particularly on price spikes like Feb '22, you'll be more likely to source Pd at lower premiums. You can then pay yourself back by selling the Pd in your ISA.

Yep hover over the timestamp - both bids look valid

I'm bullish on platinum. It is a small market and if/when gold breaks its all time high in USD terms then platinum will have a lot of catching up to do. It has just broken out of its long term downtrend. The market will have noticed this and whilst there may be a short term pullback/consolidation I think the general trend will be up from here. My price target is 1oz of platinum to equal 1oz gold and my timescale is 5 years. Long term view USD - downtrend is broken Multiyear view USD - The pattern of lower highs and lower lows has changed. We now have a higher low and and higher high i.e. an uptrend

UK legal tender is CGT exempt - the concept is that you can't make a chargeable gain when disposing of (exchanging) pound sterling with pound sterling (GBP). To put it most simply - Does it have GBP face value? If yes, then CGT exempt, if no then not exempt. As sovereigns have a face value of £1 pound sterling they are exempt - this also includes the branch mint ones Sydney, Melbourne etc. Britannias, Queen's Beasts - yes CGT exempt as they have pound sterling face value. Bars - no exemption, I can't think of any bar that has a pound sterling face value. Offshore - depends - from some research on Wikipedia it seems that Channel Islands, Tristan de Cunha etc. use a local version of pound sterling and so are exempt, Isle of Man and Gibraltar have legally separate currencies that are pegged at par with pound sterling and so would not be exempt. This link from Chards also has some useful info https://chards.co.uk/guides/capital-gains-tax-on-gold-and-silver-bullion/4

I like this question - having funds already in gold in BV is a good position to be in. What would I do? I would spend ~£10k on a tube of best value sovs and then spend the rest on something special. I prefer my gold old and with some history, I also prefer to be able to touch and feel it. I don't know this market well but if I had £3-4k to spend on a proof I would go one King's coronation back in time and opt for a 1937 George VI proof sovereign. I think you can have the best of both worlds, liquid bullion and also the pleasure of owning a rare thing of beauty.

Hi Daz, welcome to the silver forum!

Yes I'm not sure the best product out there but IG is one I have used before and they have a demo account where you can try things out. A couple of points from memory.. There's going to be costs - the spread plus for a spot contract there's an overnight funding rate (for a short they should be paying you interest but I'm pretty sure they'll still charge you a small amount) you can avoid the overnight funding rate by opting for the futures contract but here the spread will be higher i.e. the funding costs are put into the spread. The contract will be priced in $/oz with a minimum of £1 a cent. This works out at an exposure of 100*GBP/USD oz ~125oz. As well as going short silver you'll also be going long USD so if you're base currency is GBP then there's also a forex risk to consider. For example, lets say £1 is $1.25 and you go short £1/pt at $25/oz (£20/oz). Next the Fed starts lowering interest rates and the pound and silver both go on a rally with £1 going to $1.50 and silver going to $30/oz (so silver stays at £20/oz). Your short is now £500 underwater and silver is still no cheaper in £ terms.