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MikeB

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Posts posted by MikeB

  1. Great topic. These are my reasons why i would personally pay the premiums for silver.

    1) being new to metals, its great to get your hands on a lot of coins. It keeps you motivated to keep stacking

    2) SHTF scenario silver would be used for barter as opposed to gold

    3) potential bigger upside for silver, given the gold/silver ratio and its utility in industry

    4) as others mentioned, could always swap silver for gold when ratio is lower

    5) Its Beautiful!

    i think its fair enough to be mainly into gold, but i think silver still has its place 

    This is why i think this hobby/investment/community is so interesting. There are so many different reasons why people opt for precious metals

     

     

  2. 23 hours ago, sjhdesmond said:

    I love the third photo personally. If you didn't know what it was, then you wouldn't be able to guess. You might think it's some alien artifact. 

    If you aren't wedded to black and white, I'd be curious to see something with coloured light.

    Here is the original of that photo, the lamp I used had a warm tone and I didn't want people thinking it was gold 😁 Thanks for the feedback, I too like the mysteriousness about this one, there is a lot of dark

    IMage 5 first.jpg

  3. Thanks everyone to the responses on my first post. It makes a lot of sense now. I guess its like selling anything to a trader who exists to make a profit, as its the convenience and speed of sale that you trade for price. I think as Roy said getting a good trader reputation is vital to sell and keep the premiums

  4. On 19/10/2021 at 12:15, 4Nines7Hills said:

    The police were right the guy was wrong no one here ( apart from one guy in the chain ) understands what legal tender is , and a shop can accept or reject any form of payment they wish .

    The way I understand it, the guy was right:

    He took petrol from the tank into his car.

    The petrol now becomes his property, and he owes the station a debt.

    He offered to pay his debt in legal tender.

    The station refused this payment.

    So far everything above is fine and legal.

    The station then required him to sign a "No means to pay" form.

    But, he did have means to pay, it was legal tender.

    The police charged him for making off without payment, but he tried to pay in legal tender.

    The only two options that the petrol station had were to:

    A) Accept the coins, whether other individuals, banks and businesses accept them or not

    B ) Refuse the coins, but simultaneously void the debt, as the debtor has offered to pay in legal tender

    They can't refuse the legal tender and then sue for non payment or making off without paying

     

     

     

  5. I am new to this forum and this is my first post :)

    I thought I would check out a known dealer's buy back price for silver and was surprised to find they pay not even spot price for a 1oz Silver Britannia.

    Don't these coins sell consistently for £25-£30 on eBay and on here? Or am I missing something

    I love silver but being new just wondering if maybe I should look into gold where there is no VAT in uk and lower premiums

     

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