Bigmarc

I only do this a day in advance, too worried spot will fall.

Tried to find out what zero hedge was, why is there a naked man on its avatar? Afraid to look any further.

I will have a look into it a bit further. I was more worried about the receipts tying up with the purchase because if I send my mate down the shop on three separate occasions over a period of 6 months and I have receipts with gaps in them, would flags be raised. Essentially I could just leave it there as long as I like but if there is an allowance it's a shame not to use it. As for the missus and kids, their allowance will most definitely be used for useless c**p.

Cheers, that is a game changer for sure. I wonder if my two 4 year olds have that allowance.

If you count up everything you need to buy and use crypto then you may find it's probably more centralised than fiat. You need a device, an exchange, a ledger or wallet, fiat in the first place, 2fa. If any of these were to fail then your f*CK*d. I am in crypto but just a bit of fun and it's beating my metal holding this year (not allway been the case tho).

Ah, didn't see that, I didn't think bitcoin could take funds from gold. If this is the case it could be volatile over the next year or so.

Not sure it was that, bitcoin hasn't really moved.

Looks like I will be travelling to Canada a couple of times a year for the foreseeable future and was thinking I may buy regularly and leaving it there. But If there becomes a point I would like to bring it home with me would I pay taxes on what I paid for it or at its current value? If it's what I paid for it, how far back can the receipts go? Just pondering the idea at the moment.

Most things over there are cheaper than ours. Electricity, fuel, phone bills, food, insulin (ok not that one). Yes we pay over the odds for everything here but shouldn't matter unless you decide to move.

There was a petition for parliament a while back to allow users to delete the BBC channels to avoid the fee. https://petition.parliament.uk/archived/petitions/264983

Worked it out, spot price for the pre 20s is £60.48. (+4.2%) For the pre 47's is £23.76. (-7%) The pre 20s do look a little worn tho.

Pretty much majority of what I have yes. Auctions and eBay. Search for the coin rather than what it's made from. I have never had problem sell anything apart from bars.

eBay. These items sold yesterday (I've lost my spreads sheet so can't work out the spot at the moment) but sure they are fairly close.

Na, not for me, too many doom scrollers for my liking. Quite happy lurking around the metals section.

Can I ask why? As in why gold for 30 years? Not a trick question many collect for different reasons. Just curious because if it's retirement then there maybe faster horses.

But that means the discussion about the fair distribution of wealth is only available for those paying. Play the reff to his whistle that's what I say.

Love it. But you are preaching to the wrong crowd.

Was legal tender. One pound in weight of silver was equal to one sovereign and was like it for hundreds of years. This is where the term £sterling comes from.

Is swapping gold for silver a taxable event?

Everyone who buys a coin is hoping to make a profit. The threshold for eBay, Etsy and vinted is 30 items a year or £1000 before it's reported to HMRC. https://www.channel4.com/news/factcheck/factcheck-do-you-have-to-pay-tax-for-selling-secondhand-on-vinted-or-ebay

I had some time at work today and thought I would do some research. This may help you visualise it a little better. I went back 50 months on the for sale section of the forum. I picked a random bullion sovereign in the middle of each month (one carded and one blister as slim pickings some months). I also filtered it to individual sellers. Also I added 50 special delivery postage cost. Here is the list. So over 50 months a total of £17938 would have been spent, this is a cost average of £358.76 per sovereign and would have 50 sovereigns If you belly flopped in 50 months a go you would have 67 sovereigns for the same cost. The beginning of 2021 and 2022 with the same value you would have 54 sovereigns. And 2024 you would only have 46 sovereigns with the same value spent. Considering you can't beat the pound cost average price in the last two years I must admit it does look a better option for the long term. Me personally I am not a cost averager as I like to do many things elsewhere.

I tried looking for a couple a few years back and found them relatively hard to come by. Always out of stock so just went for best value instead

Stick to your gut instinct it rarely lets you down. Besides how old is harry if he has been putting £500 a month for 50 years.

Equally don't listen to the endless moon posts.

Yes tavex is good, bought from them a few times. It's good to ask the question most newbies go to bbp.