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Richym99

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  1. Super Like
    Richym99 got a reaction from Gypsy in Today I Received.....   
    Another two beautiful sovereigns  dropped through the letterbox this morning.
    The 2017 Delhi sovereign, which is magnificent. I have promised to keep the source anonymous and will always do so. I do love the modern Delhi sovereigns because they are still using the original gold composition of "yellow" gold, not the rose gold the RM is usings these days. Much more attractive on the eye even when viewed through the tamperproof packaging.
    The second is a 1931P picked up from a French company via MA Shops. Another off for grading sometime next week.




  2. Like
    Richym99 got a reaction from mr1030 in Today I Received.....   
    Another two beautiful sovereigns  dropped through the letterbox this morning.
    The 2017 Delhi sovereign, which is magnificent. I have promised to keep the source anonymous and will always do so. I do love the modern Delhi sovereigns because they are still using the original gold composition of "yellow" gold, not the rose gold the RM is usings these days. Much more attractive on the eye even when viewed through the tamperproof packaging.
    The second is a 1931P picked up from a French company via MA Shops. Another off for grading sometime next week.




  3. Super Like
    Richym99 got a reaction from Gruff in Today I Received.....   
    Received only a few minutes ago from @drakesterlingwho kindly sourced one for me. Until two weeks ago, I had no idea there was a 2020 version, as no images existed on the net. I wonder how many exist outside of the Indian subcontinent.   



  4. Thanks
    Richym99 got a reaction from DukeSilver in Storing sovereigns - are capsules worth it?   
    That would work if you are stacking Brits, Krugs or any number of other modern coins that rarely change in mintage or design from year to year. Much of their value is solely in the precious metals. 
    Sovereigns are very different. Unless you know the difference in value between, for example, a 1931 Melbourne mint and a 1931 South Africa mint, you could be throwing away thousands when you sell.  As far as intrinsic value is concerned, they are both worth £301, but a good quality Melbourne can fetch upwards of £750 while the SA, identical in every way except for the letters SA may get yoh £400. 
  5. Like
    Richym99 got a reaction from Scaffstacker in Storing sovereigns - are capsules worth it?   
    I will stand corrected, but most outlets for buying coins in bulk, such as bullion dealers, porn brokers etc will expect to buy at two or three percent below spot. They will then go through them and resell the better examples at a premium.
    That is where places like this come in. People will snap up reasonable quality sovereigns for £320 day in day out providing they don't have obvious defects like knocks and scratches.
    Better look after them and sell 30 on here for £9,600 than not look after them and take £8,760 for them and watch someone else cash in.   
  6. Like
    Richym99 got a reaction from Swampy in Storing sovereigns - are capsules worth it?   
    I suppose it depends on how much value you assign to the them.
    If you consider that, as bullon coins, they are only worth their intrinsic value, then it will matter not what condition they are in. You can put them in a carrier bag and they won't lose their value. After all, you will be selling them as scrap value for melting down.
    If, however, you think that some might be worth a little more than the intrinsic value, it is worth separating them out and properly storing them. Just because you are a stacker, not a collector, presumably still means that you want to get the best possible sale price when it does come to liquidating your assets.
    Personally, if I had a stash of possibly gVF-EF quality sovereigns, I would be doing everything to maintain that and avoid metal to metal contact.
  7. Like
    Richym99 got a reaction from GreatCoins4U in Today I Received.....   
    Another two beautiful sovereigns  dropped through the letterbox this morning.
    The 2017 Delhi sovereign, which is magnificent. I have promised to keep the source anonymous and will always do so. I do love the modern Delhi sovereigns because they are still using the original gold composition of "yellow" gold, not the rose gold the RM is usings these days. Much more attractive on the eye even when viewed through the tamperproof packaging.
    The second is a 1931P picked up from a French company via MA Shops. Another off for grading sometime next week.




  8. Like
    Richym99 reacted to pricha in Storing sovereigns - are capsules worth it?   
    I always store them in capsules . After a while it's interesting to see how scratched the capsules become. That surely tells you something  . 
  9. Like
    Richym99 reacted to richatthecroft in Storing sovereigns - are capsules worth it?   
    Like you say, a fortunate position- I have heard many complaints about stacking and storing Silver- but none about storing Sovereigns.
    I guess if you are storing them in a chargeable by volume safety deposit box, and you wish to keep costs down, then Tubes will be fine- if they are being stacked and stored in tubes, then once they are in them and in the storage/ hiding place then they are not going to move about and therefore, potential damage will be negligible 👍 
     
    I guess not so if you occasionally take the tubes out and shake them about gleefully and with joy, a couple of tubes in each hand like a pair of maracas- to your favourite musical beat- then tubes would be a problem 😉 
    Given that you have cited Lawrence, then you will know already that dinged and battered ‘grade C’ or ‘Best Value’ Sovereigns are worth far less than the ‘minty’ variety.
    I would say you could get a fair few tubes of Sovereigns- x25 in a tube in a shoe box size space.
    But,  if you didn’t want them clanging together in tubes then the best of both worlds perhaps, could be to insert each Sovereign into a 2”x2” Saflip, which I believe offer ‘museum grade’ protection and then put them in the Red rigid cardboard Saflip rectangular boxes- which will hold around 100 Sovereigns- and then pop the Saflip boxes in a man-sized shoebox- a Dr Martens Shoebox will hold 10x Saflip boxes- 1,000 Sovereigns per shoebox. 

    By using tubes or Saflips you could take the opportunity whilst decanting them from the capsules to then reappraise your stack,  and sell any Sovereigns that might have larger premium over Spot- and replace with lesser Sovs and alongside, selling any Royal Mint Capsules you have for say a fiver a pop- you might gather enough cash for another Sovereign or two.  Win- Win- Win 😃 
     
  10. Like
    Richym99 got a reaction from LawrenceChard in Storing sovereigns - are capsules worth it?   
    I suppose it depends on how much value you assign to the them.
    If you consider that, as bullon coins, they are only worth their intrinsic value, then it will matter not what condition they are in. You can put them in a carrier bag and they won't lose their value. After all, you will be selling them as scrap value for melting down.
    If, however, you think that some might be worth a little more than the intrinsic value, it is worth separating them out and properly storing them. Just because you are a stacker, not a collector, presumably still means that you want to get the best possible sale price when it does come to liquidating your assets.
    Personally, if I had a stash of possibly gVF-EF quality sovereigns, I would be doing everything to maintain that and avoid metal to metal contact.
  11. Like
    Richym99 got a reaction from Booky586 in Storing sovereigns - are capsules worth it?   
    I will stand corrected, but most outlets for buying coins in bulk, such as bullion dealers, porn brokers etc will expect to buy at two or three percent below spot. They will then go through them and resell the better examples at a premium.
    That is where places like this come in. People will snap up reasonable quality sovereigns for £320 day in day out providing they don't have obvious defects like knocks and scratches.
    Better look after them and sell 30 on here for £9,600 than not look after them and take £8,760 for them and watch someone else cash in.   
  12. Super Like
    Richym99 got a reaction from richatthecroft in Storing sovereigns - are capsules worth it?   
    That would work if you are stacking Brits, Krugs or any number of other modern coins that rarely change in mintage or design from year to year. Much of their value is solely in the precious metals. 
    Sovereigns are very different. Unless you know the difference in value between, for example, a 1931 Melbourne mint and a 1931 South Africa mint, you could be throwing away thousands when you sell.  As far as intrinsic value is concerned, they are both worth £301, but a good quality Melbourne can fetch upwards of £750 while the SA, identical in every way except for the letters SA may get yoh £400. 
  13. Like
    Richym99 got a reaction from MickB in Today I Received.....   
    Another two beautiful sovereigns  dropped through the letterbox this morning.
    The 2017 Delhi sovereign, which is magnificent. I have promised to keep the source anonymous and will always do so. I do love the modern Delhi sovereigns because they are still using the original gold composition of "yellow" gold, not the rose gold the RM is usings these days. Much more attractive on the eye even when viewed through the tamperproof packaging.
    The second is a 1931P picked up from a French company via MA Shops. Another off for grading sometime next week.




  14. Like
    Richym99 got a reaction from Bigmarc in Today I Received.....   
    Another two beautiful sovereigns  dropped through the letterbox this morning.
    The 2017 Delhi sovereign, which is magnificent. I have promised to keep the source anonymous and will always do so. I do love the modern Delhi sovereigns because they are still using the original gold composition of "yellow" gold, not the rose gold the RM is usings these days. Much more attractive on the eye even when viewed through the tamperproof packaging.
    The second is a 1931P picked up from a French company via MA Shops. Another off for grading sometime next week.




  15. Like
    Richym99 got a reaction from dicker in Storing sovereigns - are capsules worth it?   
    That would work if you are stacking Brits, Krugs or any number of other modern coins that rarely change in mintage or design from year to year. Much of their value is solely in the precious metals. 
    Sovereigns are very different. Unless you know the difference in value between, for example, a 1931 Melbourne mint and a 1931 South Africa mint, you could be throwing away thousands when you sell.  As far as intrinsic value is concerned, they are both worth £301, but a good quality Melbourne can fetch upwards of £750 while the SA, identical in every way except for the letters SA may get yoh £400. 
  16. Super Like
    Richym99 got a reaction from richatthecroft in Storing sovereigns - are capsules worth it?   
    I will stand corrected, but most outlets for buying coins in bulk, such as bullion dealers, porn brokers etc will expect to buy at two or three percent below spot. They will then go through them and resell the better examples at a premium.
    That is where places like this come in. People will snap up reasonable quality sovereigns for £320 day in day out providing they don't have obvious defects like knocks and scratches.
    Better look after them and sell 30 on here for £9,600 than not look after them and take £8,760 for them and watch someone else cash in.   
  17. Like
    Richym99 reacted to DukeSilver in Storing sovereigns - are capsules worth it?   
    That's a great point. I can only imagine the story behind some of the coins I have in my stack, though I try to remain dispassionate when buying/selling.
    I guess the real question is how much would I be willing to sell a minty sovereign for when compared to a circulated one?
    My thanks to everyone for the insight. A pleasure as always!
  18. Like
    Richym99 got a reaction from Smiler999 in Storing sovereigns - are capsules worth it?   
    I will stand corrected, but most outlets for buying coins in bulk, such as bullion dealers, porn brokers etc will expect to buy at two or three percent below spot. They will then go through them and resell the better examples at a premium.
    That is where places like this come in. People will snap up reasonable quality sovereigns for £320 day in day out providing they don't have obvious defects like knocks and scratches.
    Better look after them and sell 30 on here for £9,600 than not look after them and take £8,760 for them and watch someone else cash in.   
  19. Like
    Richym99 got a reaction from richatthecroft in Storing sovereigns - are capsules worth it?   
    I suppose it depends on how much value you assign to the them.
    If you consider that, as bullon coins, they are only worth their intrinsic value, then it will matter not what condition they are in. You can put them in a carrier bag and they won't lose their value. After all, you will be selling them as scrap value for melting down.
    If, however, you think that some might be worth a little more than the intrinsic value, it is worth separating them out and properly storing them. Just because you are a stacker, not a collector, presumably still means that you want to get the best possible sale price when it does come to liquidating your assets.
    Personally, if I had a stash of possibly gVF-EF quality sovereigns, I would be doing everything to maintain that and avoid metal to metal contact.
  20. Like
    Richym99 reacted to CollectorNo1 in Storing sovereigns - are capsules worth it?   
    Personally I keep my sovs in capsules old and modern also in a sovreign box...I'd never put them in tubes as scratches could occur. Infact I keep all my coins in capsules even silver bullion..might be abit ocd but I like to keep all my coins protected..
    Regards
  21. Like
    Richym99 got a reaction from damok666 in Today I Received.....   
    Another two beautiful sovereigns  dropped through the letterbox this morning.
    The 2017 Delhi sovereign, which is magnificent. I have promised to keep the source anonymous and will always do so. I do love the modern Delhi sovereigns because they are still using the original gold composition of "yellow" gold, not the rose gold the RM is usings these days. Much more attractive on the eye even when viewed through the tamperproof packaging.
    The second is a 1931P picked up from a French company via MA Shops. Another off for grading sometime next week.




  22. Like
    Richym99 got a reaction from Tn21 in Today I Received.....   
    Another two beautiful sovereigns  dropped through the letterbox this morning.
    The 2017 Delhi sovereign, which is magnificent. I have promised to keep the source anonymous and will always do so. I do love the modern Delhi sovereigns because they are still using the original gold composition of "yellow" gold, not the rose gold the RM is usings these days. Much more attractive on the eye even when viewed through the tamperproof packaging.
    The second is a 1931P picked up from a French company via MA Shops. Another off for grading sometime next week.




  23. Like
    Richym99 got a reaction from DukeSilver in Storing sovereigns - are capsules worth it?   
    I suppose it depends on how much value you assign to the them.
    If you consider that, as bullon coins, they are only worth their intrinsic value, then it will matter not what condition they are in. You can put them in a carrier bag and they won't lose their value. After all, you will be selling them as scrap value for melting down.
    If, however, you think that some might be worth a little more than the intrinsic value, it is worth separating them out and properly storing them. Just because you are a stacker, not a collector, presumably still means that you want to get the best possible sale price when it does come to liquidating your assets.
    Personally, if I had a stash of possibly gVF-EF quality sovereigns, I would be doing everything to maintain that and avoid metal to metal contact.
  24. Like
    Richym99 got a reaction from Rugbyplayer in Today I Received.....   
    Another two beautiful sovereigns  dropped through the letterbox this morning.
    The 2017 Delhi sovereign, which is magnificent. I have promised to keep the source anonymous and will always do so. I do love the modern Delhi sovereigns because they are still using the original gold composition of "yellow" gold, not the rose gold the RM is usings these days. Much more attractive on the eye even when viewed through the tamperproof packaging.
    The second is a 1931P picked up from a French company via MA Shops. Another off for grading sometime next week.




  25. Like
    Richym99 got a reaction from Ducat916 in Today I Received.....   
    Another two beautiful sovereigns  dropped through the letterbox this morning.
    The 2017 Delhi sovereign, which is magnificent. I have promised to keep the source anonymous and will always do so. I do love the modern Delhi sovereigns because they are still using the original gold composition of "yellow" gold, not the rose gold the RM is usings these days. Much more attractive on the eye even when viewed through the tamperproof packaging.
    The second is a 1931P picked up from a French company via MA Shops. Another off for grading sometime next week.




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