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JohnyBGold

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Posts posted by JohnyBGold

  1. Hi there I'm on the look out for the best capsules for Austrian Philharmonic 1oz Silver coins? They are 37mm in size and I've noticed there is no 37mm only 36, 38 etc when looking online. I'm collecting them just now, will be stacking but need to relocate ✈️ with them. 

    I've got Brits and can get 38mm for them but stuck with the phillies sizes? 

    Any advice please.

    Thanks John

  2. @MickB Great tip bit of potential 🤮 then, majority of bullion ive bought via Bullion by Post which I've got proof of purchase and some from this forum. Looks like I will need to either stash some here with family and maybe take what I can only prove is mine. 

    @sixgun Yeah I think stashing some is good bet just in case. Interesting about that EUR Visa will need to keep eye on that. Thanks again 

  3. @CollectForFun Thanks for reply. Will be for the foreseeable future so would be looking to buy more there (long-term invest) but sell the odd silver / gold if needs be. 

    @sixgun Thanks for reply. Coming back would not be likely for a few years, maybe for visit. Thanks for the bullion dealer tip. With CGT I just assumed I might get burned a little taking it out the country? My PM will be likely be under 12k for both gold and silver combined by the time I leave. 

    @Happypanda88 Thanks for reply. My G & S combined will be under 12k (unless I'm winning lotto in next few months) I was just concerned of losing too much due to any taxes or any other sneaky costs I'm not aware about and if it would be best to not buy any more silver while in the UK at least and stick to buying a certain type of Gold? including Sov's and Gold Brits.

    I just don't want to find out that I should have bought only a certain types of PM before going to another European country and lose out somwhere.

     

    Thanks for replies 

  4. Hello SF members. I've been wondering if all my options are open now when buying more Silver or metals in general. My strategy so far has been to buy Sov's and Silver Brits because of the CGT exception but wondering if it doesn't really matter due to relocation next year to a non EU country.

    The metal I've bought so far I'm thinking will lose the CGT? so is it open season for buying going forward or is there anything I should be aware of? and best to buy from here now on? 

    I've been put of buying lately due to this thought I have. 

     

    Thanks

  5. 23 hours ago, Allgoldcoins said:

    My advice to anyone who simply wants to hold gold at the cheapest possible premium, is to buy Krugerrands. If you are buying sovereigns and want the best value for money, then I suggest you buy good grade sovereigns that would grade MS ?? on the Sheldon Scale. Yes that means quite a hefty premium compared to low grade coins, but the bonus is that in my experience a good (Victoria / Ed / Geo) sovereign will hold its numismatic value even when gold itself drops. 

    I think you have to be careful buying neither at rates close to BV or close to MS, a VF (AU58) 1911 London Sovereign will only ever be worth BV, but a nice MS-64 should hold its value. 

    I know this thread is about sovereigns, but just to mention, the Chinese Panda and now the BU Queens Beasts, are well worth the extra premiums.  

    What makes those CP and BU QB well worth the extra premiums? I'm just trying to understand the reason behind it for learning purposes.

  6. 59 minutes ago, GoldDiggerDave said:

    Gold in my opinion is one of the best buys for long term retirement savings, it makes no difference long term if spot fluctuates in the short or mid term. (I see people freaking out if it drops £30 per oz) Around  £600.00 per month 2 sovereigns or a few 1/2 sovereigns (secondary market) for more fractional options.   Easy to sell on, gold has been a store of wealth for over 5000 years.  

    The  boring thing to look at that no one really talks about is If you have debt/mortgage, look at ploughing more into that, the compound interest savings can be tremendous.   I did this in 2008, I tripled  the mortgage payments I went without a few foreign holidays but paid the mortgage off 9 years sooner saving best part of  27k.  Had nothing to show for it just looked at is as 9 years free rent. (what would 9 years free rent today cost you?)  

    Other thing is not to over expose yourself, I see some people really heavy into PM only to have to cash it in when they have a bill to pay, and you nearly always lose every time selling  PM'S in the short term due to the spread.  

     

    Happy to talk

     

    Dave 

    Thanks Dave will keep that in mind pal. Look out for PM very soon my head is churning out thoughts daily.

  7. 14 minutes ago, Bigmarc said:

    I was having the exact same conversation with a friend this morning. He is one of the very few people who know I do this. He was concerned about inflation and wanted to know if I thought it was a good idea to buy Krugerrands and 500g silver bars from the royal mint. Basically I showed him the hairy side and gave him a lesson in liquidity. 

    So how can you sell it when you want to? I would thought selling a 500g size bar would be straight forward, no? Similar a Krugerrands. Sorry every answer seems to lead to uncovering more questions.

  8. 7 hours ago, SilverStorm said:

    One of the best pieces of advice ever!  Which is why (IMHO) I'm staying away from truly large sized PM, even though premiums on these larger sized bullion is cheaper.  Future liquidity is definitely an important factor to consider. 

    Thanks for the input the advise on here is worth as much as the metal itself. What would you class as truly large sizes I don't know if I would ever have budget for that but would buy 500g without thinking twice? 

  9. 2 hours ago, Bumble said:

    Since you are in the UK, britannia coins have the advantage that they do not attract capital gains tax.

    Ha ha! like that (hope your only joking 😁)

    Thanks what you said there about UK coins made lightbulb go on. If I have any plans to move abroad in future those coins would lose that benefit I would imagine? In that case would you say invest in few other types, maples, eagle etc?

  10. Hi Bigmarc thanks for the reply I appreciate your input. So you think stick with brits or just any coin with no CGT in general?

    I was considering by some more silver bars likely 250-500g very soon at spot price as I read one of your previous posts which was about focusing more on spot than premiums. (i'm sure it was you could be wrong) 

     

    Sorry, what do you mean by PM's and "cross spread purchasing"

    Thanks again

  11. Hi first time posting and was looking for some guide on investing in silver or any other metal. Really this is about finding best way to invest, what I should be spending money on to build/stack up a pot for when the time is right, maybe retirement or just when the time is right to sail off into the sea 😐

    I've bought abit so far around 1.5k worth (started in March) some 1oz brits, 2 sov including a double and 3 bars (250g silver umicore, 10g pamp gold & metalor gold)

    I see the above as me getting my toes wet but as you can see its a bit of a mix bunch. I'm aware that premiums are high at the moment and it does stop me a little from pulling the trigger but I don't want to stop, as I say trying to build up something of worth in my future. For the record I'm 42 and looking to spend around 300-600 per month on average.

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