Jump to content
  • 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.

GBStacking

Member
  • Posts

    144
  • Joined

  • Last visited

  • Trading Feedback

    0%
  • Country

    United Kingdom

Profile Information

  • Gender
    Male
  • Location
    UK
  • Stacker/Collector
    Stacker

Recent Profile Visitors

1,241 profile views

GBStacking's Achievements

Community Regular

Community Regular (8/14)

  • Reacting Well
  • Very Popular Rare
  • First Post
  • Collaborator
  • Conversation Starter

Recent Badges

775

Reputation

  1. What ever you do don't clean it, The dirt is the only thing left on the surface that's giving it any character!! 😂
  2. I read that as we agree the Victoria Young Head Crown picture is rubbish, so we will probably update it. The rest seems to be a vague attempt to still justify excessively high prices. Slightly bizarrely, they make a point about sourcing in volume, typically this results in a cheaper price per unit rather than more expensive. I quite agree with the part about their pricing model being quite different to other dealers, dealers without the clout of the Royal Mint brand would probably fold if they tried to sell their coins for similar prices. The rest of the waffle about checking condition\rarity etc sounds very much like what every specialist coin dealer does as part of their own business model. Definitely not seeing anything this statement that sets the royal mint apart, with the exception of they generally present stuff in a fancier box.
  3. The Royal Mint feels very Jekyll and Hyde with their products, on one hand, producing some stunning designs on the other hand sweeping out the cupboards and throwing together a set out of what they find. The practice of selling historical coins at vastly inflated prices definitely seems to be designed to take advantage of those who don't know better. Particularly in light of the increase in PM collecting\stacking by joe public following the economic woes of C19. These sets absolutely tarnish the prestige of their brand and do put me off buying their other products.
  4. Coming to a Proof Set near you, courtesy of the RM QC department!
  5. I've bought a number of times from ATS (just next to the Savoy). They are fine with walk ins and I've always found them very accommodating if you want to look at things or see specific stuff: https://www.atsbullion.com/
  6. There is something very satisfying about 1 oz coin. Enjoy!! It's a slippery slope! 😂
  7. Honestly, i think in this instance the safe and boring option will be the best. Go for more Sov's as cheap as you can find them. CGT exempt, larger market when you come to sell and something you are already familiar with. I hold a number of 1oz coins but thankfully all well below what spot is now so if i had to out it to a dealer then i would still make profit. My gold buying strategy going forward is bullion Sov's for all the reasons above. The other thing to consider is being able to liquidate smaller amounts as and when you need to. It's not so painful to have to sell 1 Sov in a market dip to pay a retirement bill that wont wait as it would be to have to liquidate a whole Oz because you need a small amount of it's value.
  8. Don't forget to keep an eye out for price breaks for buying more than one at a time. It can be really tempting to get one on it's own as soon as you have the money, but it can work out a reasonable amount cheaper sometimes to save up and buy a few at a time.
  9. That one would be a hard pass from me! Such a shame they are going down the route of these sort of sets. Especially after the travesty that was their "Flagship Coins Of The World" set https://www.royalmint.com/shop/coin-sets/Flagship-Coins-of-the-World-1oz-Silver-Bullion-Coin-Set/ , 6 of the most generic bits of 1oz silver bullion out there for a staggering £82.50 an ounce! Wants to be one hell of a box it comes in
  10. To be honest, this is the first time I've bothered to do the calculation as most of my stack is either for my own retirement or to be passed down to my godsons. Sitting at a little over 250Oz of silver at an average of 23.13 per Oz (i think the 10oz Tudor Beasts are what's skewing it up somewhat, but I've committed to the set and they are more bought as a nice thing to own rather than an investment per se) Gold I'm sitting at an average of a touch over 1300 per Oz All in all, quite happy i crunched the numbers
  11. The 10oz Seymour Unicorns have landed this morning. Somewhat hastily taken as i was basically rushing out the door when they arrived.
  12. Thank you for the heads up! Only one slight issue, you see, after i missed out on that bar, i started looking at other shiny things. Then i saw the new Tudor Beasts Seymour Unicorn is available for pre order and a couple of the 10oz happened to fall into my basket. 😂 Currently got a somewhat limited PM budget as some other investments are taking priority at the moment. Pics to follow in due course!
  13. You pipped me to that very lovely 10oz bar. Absolutely no hard feelings though as it's clearly gone to a good home!
  14. I'm currently experiencing a similar situation, once solicitors, estate agents and a million and one other people get their act together. It's not going to be a particularly large amount, but will require more than just chucking in my current account. I'm not sure of the exact amount yet, but the plan is splitting between some income bonds, shares ISA and topping up my sovereign stack as this is CGT exempt. Obviously this is UK focused, so I'm not certain how easily this would translate across the pond. But you do have the advantage of no VAT on silver, which makes diversifying a metal stack much simpler. My (totally not any form of financial advise) would be pop it where it's most tax efficient whilst still having a nice physical holding that can be enjoyed and passed on as you may see fit.
×
×
  • Create New...

Cookies & terms of service

We have placed cookies on your device to help make this website better. By continuing to use this site you consent to the use of cookies and to our Privacy Policy & Terms of Use