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JohnyBGold

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  • Posts

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    United Kingdom

Reputation Activity

  1. Sad
    JohnyBGold got a reaction from Becca in Looking For 1oz Gold Britannia in Great Condition For Spot   
    @Solachesis Oh it was the postage that killed a deal was it. How rude it was of me to include £7 postage. Your tears were worth it. ☺️
  2. Like
    JohnyBGold reacted to Mrpound in Looking For 1oz Gold Britannia in Great Condition For Spot   
    £1560
    https://atkinsonsbullion.com/gold/gold-coins/1oz-gold-coins/pre-owned-2013-uk-britannia-1oz-gold-coin
    thats posted
  3. Haha
    JohnyBGold got a reaction from Solachesis in Looking For 1oz Gold Britannia in Great Condition For Spot   
    @Solachesis Oh it was the postage that killed a deal was it. How rude it was of me to include £7 postage. Your tears were worth it. ☺️
  4. Like
    JohnyBGold reacted to Arne in Looking For 1oz Gold Britannia in Great Condition For Spot   
    I guess you can't blame anyone for trying but I suspect the take up rate will be nill.
  5. Like
    JohnyBGold reacted to FoxS1LVR in Looking For 1oz Gold Britannia in Great Condition For Spot   
    I asked a week or two ago I think. About 2.5% over spot - it’s dropped a bit since then. No bites unfort.
  6. Haha
    JohnyBGold got a reaction from Stuh in Looking For 1oz Gold Britannia in Great Condition For Spot   
    Hi looking for 1oz Gold Brit In great condition for spot 
    Will pay via bank transfer.  Reputable sellers only Incl. SD
     
    Thanks 👍
  7. Haha
    JohnyBGold got a reaction from bobski in Looking For 1oz Gold Britannia in Great Condition For Spot   
    Hi looking for 1oz Gold Brit In great condition for spot 
    Will pay via bank transfer.  Reputable sellers only Incl. SD
     
    Thanks 👍
  8. Haha
    JohnyBGold got a reaction from Kussilver in Looking For 1oz Gold Britannia in Great Condition For Spot   
    Hi looking for 1oz Gold Brit In great condition for spot 
    Will pay via bank transfer.  Reputable sellers only Incl. SD
     
    Thanks 👍
  9. Like
    JohnyBGold got a reaction from ArgentSmith in Looking For 1oz Gold Britannia in Great Condition For Spot   
    Hi looking for 1oz Gold Brit In great condition for spot 
    Will pay via bank transfer.  Reputable sellers only Incl. SD
     
    Thanks 👍
  10. Like
    JohnyBGold got a reaction from MickB in What Silver Is Best to Buy Relocating to a Non EU   
    @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 
  11. Like
    JohnyBGold reacted to sixgun in What Silver Is Best to Buy Relocating to a Non EU   
    From a personal point of view i would stash the silver if i had a safe place and further silver i would buy on Kinesis. i say Kinesis b/c i know the system and the people. Buying and selling and moving silver across borders with premiums and potential taxes gets messy. Potentially you might end up thinking was it worth it? You should discover what the lie of the land is where you go to. There may be coins / bars which are better to hold, there may be no private market like in the UK / Europe. You might potentially get stung if you needed to sell. So unless it looks good when you have put your feelers out wherever it is you end up, i would use a system like Kinesis. There will shortly be a EUR VISA card coming out with which you can spend you bullion - not sure if it will work where you are headed but if you can it means the bullion becomes accessible and much more liquid. You can forget the borders with a VISA card on your phone or in your pocket.
  12. Thanks
    JohnyBGold reacted to MickB in What Silver Is Best to Buy Relocating to a Non EU   
    If travelling through the EU to one of the non-EU countries be aware of the EU anti-money laundering law they introduced where they can confiscate your precious metals if you can't prove ownership. There was a discussion on the forum a while back about this.
  13. Like
    JohnyBGold reacted to sixgun in What Silver Is Best to Buy Relocating to a Non EU   
    You need to address the questions of CollectForFun.
    If you aren't going to be out of the UK forever, then do you think you would want to sell the silver whilst you are away? If you imagine you would like to hang onto the silver is there anywhere you could keep it, store it?
    Do you imagine you will be visiting the UK whilst you are living overseas?
    You are on the Silver Forum - we are here b/c we believe it is a wise thing to buy precious metal now and going forwards.
    If you think you would like to continue buying silver whilst in Serbia or wherever i would open an account with something like Kinesis where you can invest in physical gold and silver but not have the problems of borders and the like. Additionally you can easily sell the silver.
    Do you actually think you will be effected by CGT?
    A lot of people talk about it on the forum. Not sure if anyone is effected by it.
  14. Like
    JohnyBGold reacted to CollectForFun in What Silver Is Best to Buy Relocating to a Non EU   
    For how long do you leave the UK? Permanently?
    If not permanently, do you expect selling any coins while temporarily abroad, or will you keep them and likely sell only after you are back in the UK?
  15. Like
    JohnyBGold reacted to HerefordBullyun in What Silver Is Best to Buy Relocating to a Non EU   
    @MickB youve been to these parts any clue?
  16. Like
    JohnyBGold reacted to SilverStorm in Looking to Invest for Future (no kids, no missus, JUST me)   
    IMHO and strictly based on my own personal observation, anything larger than 250g bars is too large for me.  I may buy a bar that is larger than 250g, but I certainly won’t stack it for liquidity purposes.   It’s easier to sell 1oz or 2oz bullion rounds that is worth the same as a kilo bar.
    Another factor for me here locally in Canada: a local bullion dealer near me will pay out cash with no questions asked up to a maximum of Cdn $200.  Anything over $200, they will pay you with a check.  Once you start selling bullion that is worth hundreds or thousands of dollars, and you deposit the check into your bank account, that’s potentially a red flag the bank may notice and inform the government.  By law, you are supposed to declare any gains or losses on the sale of your precious metals on your income tax return.  Tax dept can look at your tax return, look at your bank accounts and say there’s a discrepancy, why do you have so much cash and deposits.   Then they nail you for tax evasion.  I’d rather not deal with the headache with all the paperwork that’s required and the potential fallout. So selling bullion for cash will provide a way to sidestep this legal requirement when it’s tax time.  Hence smaller bullion sizes is another reason why I like them more than the larger sized bars.
    Having said that, 500g may not be too large for you.  So size is subjective, and it also depends upon your investment objectives.  And I’m not familiar with UK tax laws, so you’ll need to consult with someone locally who can advise you.  You need to consider tax implications (if any) that may apply to you when you liquidate your precious metal holdings.  
  17. Like
    JohnyBGold reacted to GoldDiggerDave in Looking to Invest for Future (no kids, no missus, JUST me)   
    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 
  18. Like
    JohnyBGold reacted to Bigmarc in Looking to Invest for Future (no kids, no missus, JUST me)   
    Sorry was a answer to someone else's point. There is no problem with selling large sizes it's when you do it's best to be attractive to as many people as possible.
    Did you see John wick? I know it's a film but bare with me.
    His gold stash, if it was three or four big bars it would be worth the same amount. But when the cleaners come, hotels and the armoury the three or four big lumps would be useless. It was better to pay in multiples of small amounts. 
    If you want to raise £200 in cash then just sell multiples of the same coin, rather than hacksawing a lump to pieces. That's what silver storm means by liquidity (I think).
    Attractive to the buyer, easy for the seller. Large lumps do sell as well, of course they do but your target audience may be smaller. 
    You will notice this in the forum that everyone has different view points. Learn from them and create your own path.
  19. Like
    JohnyBGold reacted to SilverStorm in Looking to Invest for Future (no kids, no missus, JUST me)   
    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. 
  20. Thanks
    JohnyBGold reacted to Bumble in Looking to Invest for Future (no kids, no missus, JUST me)   
    I don't think you can get the same exemption with eagles. You could try moving to a jurisdiction with no CGT.
  21. Like
    JohnyBGold reacted to Bigmarc in Looking to Invest for Future (no kids, no missus, JUST me)   
    Precious metals and using your full budget every month regardless of the spot. It averages out the spot cost. 
    There are many different reasons people are into silver. Based on your budget and the fact you would like to have a future investment that is the way a majority would go. I am more of a treasure hunter. Really like the old stuff, it generally trades at spot. This takes a lot of time and effort and is more of a hobby for someone on a low budget. I would think to yourself, how am I going to sell this in the future?, with Brits it's one sale, you can decide how many coins go in to that sale. There is generally no questions and a is quick and easy. £600 per month is a fair size for a newbie so you will accumulate a lot of weight quickly. 
  22. Like
    JohnyBGold got a reaction from Bigmarc in Looking to Invest for Future (no kids, no missus, JUST me)   
    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
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