stataman

PMd

@James32probably already hoovered that

There's gold in Wales and of good quality https://en.wikipedia.org/wiki/Welsh_gold

Proof half sovereigns are under-rated in my opinion. Some of the mintages are way lower than the proof sovereigns. Great collection!

Numismatic market much smaller in UK than USA therefore can get quite a large spread in prices. I think you did well getting £800 - researching through past auctions I would have expected around £650. But lets be honest - the auction house did the best collecting 26% fee for someting they don't own! Great business.

Thought that was silver initially. Had a closer look. Now I'm jealous!

Why are the first two 1 oz gold proofs - Henry VII and James I still available at Royal Mint? Thought they would have been snapped up. Lovely series. Need deep pockets.

They have plenty of gold in the ground though.

I buy numisamtic/graded only if I really like to own it myself and never want to sell. Also if it's PCGS it will usually be worth more than NGC.

Did you use Fedex or UPS for international? Never had a problem if you use them. With royal mail had a coin stuck in customs for 6 weeks once shipping to USA.

Boat tours can be arranged!

Planning to meet at 3pm in the bar area of the hotel. Those who want to stay on can make their way to the nearest pub afterwards..... It's called 'Junction Bar' in the Holiday Inn Bloomsbury, Ground Floor.

I'd buy british gold (sovereign or gold britannia essentially) at the lowest premium to spot. Would hunt around on the forum buying here and there or dealers when they have good deals. It's surprising how quickly you can spend £20k.

VAT free at about 20% over spot 🤣 . I remember there was some discussion a while back about adding VAT to gold in the UK. Thank goodness it never happened.

Fully get you. Then they get a bit upset when they're not involved. I usually announce the news of a fun alone/boys trip a couple of days before. Seems to work better that way.

Pretty bad result

Yes beer will be available 😉

Yes we''ll meet at the hotel bar/cafe. Will post a time nearer the event as a reminder for everyone.

I'll post where to meet up and time nearer the date.

I'm thinking of heading down to the London Coin Fair in June. Would be good to meet up with members on the forum for a beer or coffee if people are up for it. Nice to put a face to some like-minded members. Perhaps trade a few coins as well. Looks like @1stsovereign and @SVcollector have stands there. Anyone interested? Planning to meet at 3pm in the bar area of the hotel. Those who want to stay on can make their way to the nearest pub afterwards..... It's called 'Junction Bar' in the Holiday Inn Bloomsbury, Ground Floor. https://www.coinfairs.co.uk/events/london-coin-fair-2-2022-06-04/

You just ruined it for me! Can't consider buying it now 😂

There appears to be a new Spanish 1oz gold coin https://www.europeanmint.com/2021-1oz-spanish-lynx-gold-coin/

Proof coins if bought at the right price are quite a good way to protect yourself should the price of gold/silver drop. They tend to hold their value as they have lower mintages and are collectibles. But you have to sell them privately to get the premiums you would expect/want. Bullion gold is good for quick liquidation with a dealer.

I have one platinum 1 oz britannia. Very interesting to own and hold as it feels much heavier than silver or gold 1 oz due to it being a denser metal. But I think with the VAT on top it's not the best thing to collect in the UK. If you want to liquidate, the dealers will give you spot and not add on the 20% premium. Selling privately is the only way to get your 20% back. I know it's sacrilage but the best way to buy is in a platinum ETF which I may consider as platinum in relation to gold price appears undervalued in my opinion.

Really fascinating. Just out of interest do milk spots bother people when buying bullion silver or slabbed graded silver? Would you not want a PR/PF70 coin if it had a milk spot on it?