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Posts posted by Danny-boy
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Grrrrr!!! (the following is firmly tongue-in-cheek!)
What about the advice you gave?? The advice that I followed?
When it comes to exit time, how will you shift kilos of silver?
You like physical silver that much?
Ha ha.
I never lost on my semi-numi silver, it was just a ballache selling individual ounces.
Liquidating 500oz (15 kilo coins ish) will be very easy, much easier than photographing, listing and posting 500 individual coins.
With the price the kilo coins can be bought for (under £12/oz delivered), they could be sold on eBay immediately for a profit (after fees & shipping), and possibly even on the forum.
So that's my master plan. Nothing smaller than 10oz to make it easier to liquidate when I decide to do so.
As far as eBay is concerned, I have sold around 300oz in individual listings, and didn't have one problem, and generally got more after fees than I would have elsewhere.
Previously, my average was around £25/oz but there were some £200/oz. Pain to sell, pain to store.
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I have a few, my favorite is the 1kg Noahs ark 2012 I have, please don't ask what I paid for it from Geiger it makes me cry[emoji20].
I was looking for the Noah but couldn't find one for a reasonable price.
Hopefully that'll be the next one.
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No circulated allowed though.
Does that refer to old coinage or is it all things pre-owned?
A good time to work on your £/oz average. I work on £14 which allows a little bit of spice every now and again. You will love the Kilo's, considering what you pay for a plain old kilo bar...amazing.
Need to work on the Gold £/oz on the way down.
No mate, I'm cool with pre-owned, just don't want any sterling or 50% circulated.
We'll see what happens with spot price, but £13 is the target.
I remember my first 10ozer ages ago, I loved the size and weight of that, so the kilo must be pretty special.
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Well it looks like I missed the silver, so I'm back buying silver again.
Don't want to follow the semi-numi path as before, so concentrating on my £/oz average very carefully, as I have done with my gold (12oz at £780 average). No circulated allowed though.
So today I bought a 1kg 2015 kook and a 1kg 2016 lunar S2 monkey, with four 1oz Noah's to make the numbers work.
Added to the two 10oz coins I bought last week, I have 85oz of silver at a sub-£12 average.
Aiming to keep the average under £13 if possible.
Never had a kilo coin before, so quite excited to get them in hand.
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Yes, I now have too many!45 minutes ago, Roy said: Ok, I'll be the first,,,Any for sale mister??
I'm in!!!!
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I think Gold has a lot more to drop yet, before it fires up that rocket.
I can see us buying sovs for £140-£150 before the countdown starts back up
I hope so, I'd be digging into savings if that was the case, and probably spending most of my wages on it too.
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Today I bought a 10oz koala.
Oh, and a full sovereign for £163.50 delivered (applied £15 nectar voucher).
Good day
- mrwebb697, SilverPirate, Cully and 2 others
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1998,2002,2006 1oz carded RAM roos
Nice, how close are you to the full set now?
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Gold stacker
in Gold
Shall we start a sovereign swap shop?
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Gold stacker
in Gold
Have quite a few sovs now, anyone else tried a full date run lol.Im over half way to a jubilee (1887) onwards date run [emoji1]
Have some duplicates if anybody want swaps.
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The two old head are not bad. The young head has been polished. I don't think they are worth grading but they are fine as regular Sovs. They are on eBay on 24 hour auction to see if there is any interest. If they dont sell I'm happy to do a deal with you.
Yes, I saw them on eBay.
Drop me a PM if they don't sell and we'll come to a deal.
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Interested in the sovs NS, if you wish to sell. Cheers
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Today, from a local cash for gold shop, I picked up a bullion 2004 Sovereign. Paid £185.
A few quid over what I'd want to pay, but I believe the mintage for bullion sovs in this year are very low, only 30,688.
I'm sure @sovereignsteve will confirm this for me
One, if not the, lowest mintage. I'd love one.
Probably not the rarest, but that's just conjecture.
Nice haul.
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I can see that monster box looming
If only!!!
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I missed this. What did it go down to?
£8.97 on my chart.
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A tower of Koalas.
I had ordered 25 Koalas from STG assuming they were coming in a tube,
and when they arrived each one was in a capsule making a tall stack.
I'm overjoyed because now I have loads of capsules
and it makes the price better value.
Hoping to get some Kookaburras the same tomorrow morning,
although the *cough* delivery surcharge is growing by the day...
Koala and kooks come in capsules from the mint.
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On the flip side though, you don't hold it and you only get spot profit, and forfeit any "numismatic" potential.
If I had bought allocated, I would have been in a massive hole right now. I started buying just after the peak at around £25/oz spot.
As it stands, I have liquidated around 75% of my silver coins and walked away, after fees and shipping, with just over a 10% profit.
All I'm saying is, even with the premiums and charges, it's still possible to turn upside with physical notwithstanding a huge drop in spot.
Buy smart, but the right items at the best price you can and you may be in a better position if you bought physical over allocated.
Just giving an alternative view.
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That'll be an awesome decision to make.
I had decided on Brits anyway, not really due to CGT but for the fact I love britannias.
When I can buy any MB of silver for £5k, then I'll buy a box of britannias.
Target modified!!!
- sovereignsteve, Fluttershy, barney and 1 other
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Perhaps if I buy into silver you will get your monster box?
I say go for it!!!! [emoji1]
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I'm watching with interest.
I have made myself a promise, when I can buy a monster box (500oz) for £5k plus delivery, I'm going to push the button.
May never happen, but getting closer - currently best price is £5835 for Noah's (£9.35 spot recorded for posterity).
I'm guesstimating that spot would need to be about £8.00 dead to hit the £5k target price.
So, let's wait & see what happens!!!
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I guess it just needs testing when it arrives, agree yours looks like it may be proof.
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I'd be concerned that there is this buy it now.
There could be different versions though.
There are BIN's as cheap as £3 delivered.
Today I bought.....
in General Precious Metals
Posted
Understood.
Most eBay users don't know about HGM, or they wouldn't pay the prices they do.
Last two kilo coins sold on eBay went for £460 and £475, netting the sellers around £398 and £410.
My kilos cost me £382 and £383 delivered, so would "likely" not sell at a loss. I understand there is an element of luck / chance.
It's a gamble I'm willing to take.
I felt I was a little "out of the game" by swapping all my silver to gold, so I'll keep that gold and buy some more silver - then I might sell the silver and buy more gold, who knows.