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Reputation Activity
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ArgentSmith got a reaction from James32 in 2022 Sovereign design revealed?
Mine’s arrived, just a shame I haven’t ☹️
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ArgentSmith reacted to Paul in 2022 Sovereign design revealed?
am i the only one who tests the door bell when i get up on a gold delivery day ???
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ArgentSmith got a reaction from SilverJacks in 2022 Sovereign design revealed?
Looking to trade an extensive set of "Discount Viagra" emails from my spam collection.
PM if interested.
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ArgentSmith got a reaction from James32 in Great Engravers - Gothic Crown - Sneak Preview?
friend says he can help by making experiment more statistically significant
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ArgentSmith got a reaction from James32 in Great Engravers - Gothic Crown - Sneak Preview?
what browser went in at around 80? asking for a friend.
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ArgentSmith got a reaction from James32 in Great Engravers - Gothic Crown - Sneak Preview?
friend says what differences?
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ArgentSmith got a reaction from Wileyfox in Making a market for platinum Britannia coins
Can you point me to a bullion dealer only asking 20% over spot ie £950 per ounce?
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ArgentSmith reacted to Pete in Making a market for platinum Britannia coins
I am ignoring VAT in comparing buy & sell prices.
Peer to peer pricing in gold bullion is very similar compared to the main dealers.
Platinum is a real mystery ( it wasn't always like this ) even with peer to peer.
If a dealer will buy a one ounce Pt coin for say 96% of spot I really cannot see why they need to sell at say 20% or higher over spot.
Surely their business is primarily based on flipping inventory and working on modest margins which are determined by competition.
Sitting on inventory is risky with price volatility, anything else is opportunist and speculation.
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ArgentSmith got a reaction from watchesandwhisky in 2022 Sovereign design revealed?
Looking to trade an extensive set of "Discount Viagra" emails from my spam collection.
PM if interested.
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ArgentSmith reacted to magpie79 in 2022 Sovereign design revealed?
Got my dispatch text and will be with me tomorrow before 1
**** knows what am getting!
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ArgentSmith got a reaction from SilverDrum in 2022 Sovereign design revealed?
Looking to trade an extensive set of "Discount Viagra" emails from my spam collection.
PM if interested.
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ArgentSmith got a reaction from Alz111 in 2022 Sovereign design revealed?
Looking to trade an extensive set of "Discount Viagra" emails from my spam collection.
PM if interested.
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ArgentSmith got a reaction from Connor in 2022 Sovereign design revealed?
Looking to trade an extensive set of "Discount Viagra" emails from my spam collection.
PM if interested.
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ArgentSmith got a reaction from James32 in 2022 Sovereign design revealed?
Looking to trade an extensive set of "Discount Viagra" emails from my spam collection.
PM if interested.
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ArgentSmith reacted to LawrenceChard in Bullion dilemma
From your first post, I assumed you were talking about gold, but that's partly because my age-old precious metal investment advice is to invest in gold, as it is mainly exempt from VAT in the UK and EU.
To me it does not make much sense to invest in silver because ot the VAT Manufacturing costs are also relatively higher on silver than on gold.
I see from a later post that you were referring to silver.
It's always worth making it clear which, and it couls also be platinum, palladium, or even base metal coins you are stacking, or even bars.
Buy at the lowest premium you can within reason if it is for investment.
If you are collecting or stacking for pleasure, don't worry about the price, buy what you like and enjoy life.
There is much more investment "advice" on my / our Chards website.😎
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ArgentSmith got a reaction from Simmoleon in 2022 Sovereign design revealed?
Looking to trade an extensive set of "Discount Viagra" emails from my spam collection.
PM if interested.
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ArgentSmith got a reaction from CadmiumGreen in Today I Received.....
My 2 ounce also came today, quite a high number but glad to have secured the series. Can confirm if the capsule closes all the way it's not genuine RM 🤪
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ArgentSmith got a reaction from sovereignsteve in Great Engravers - Gothic Crown - Sneak Preview?
what browser went in at around 80? asking for a friend.
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ArgentSmith got a reaction from jultorsk in Great Engravers - Gothic Crown - Sneak Preview?
friend says he can help by making experiment more statistically significant
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ArgentSmith got a reaction from dikefalos in Great Engravers - Gothic Crown - Sneak Preview?
friend says he can help by making experiment more statistically significant
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ArgentSmith got a reaction from dikefalos in Great Engravers - Gothic Crown - Sneak Preview?
what browser went in at around 80? asking for a friend.
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ArgentSmith got a reaction from NewCoins in Great Engravers - Gothic Crown - Sneak Preview?
friend says he can help by making experiment more statistically significant
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ArgentSmith reacted to NewCoins in Great Engravers - Gothic Crown - Sneak Preview?
Does anyone know if the queue is completely random ?
I had 3 browsers for the sov. 2 of them went in around 2500 in queue, one of them around 80. There was a difference with that one, bit I suspect its luck or random ?
Edit . I mean random vs when you join the queue for example
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ArgentSmith reacted to Wileyfox in Making a market for platinum Britannia coins
Hi all,
I've been invested in platinum for bit over a year now. One of the problems with investing in platinum is the large spread between buying and selling. I expect this is because it's a fairly niche investment and the professional dealers have to charge 20% VAT at least in the U.K.
However, there is no fundamental reason that the spread should be that large, we just need some more peer to peer market makers. At the moment I'm looking to get my trading rep to 10+ with some silver trades, once I'm there then I'll have a look into making a market for 1 oz platinum Britannias. For example, by offering to buy at spot +12%, and offering to sell at spot +22%. I have a 10 oz position with BullionVault (a vaulted service) and 6x1oz platinum Britannia coins which I bought on the forum for around spot+12%. I'd just be flipping between vaulted and coins so I wouldn't care what the actual spot price was.
Ideally there would be a thread where anyone could beat the best bid and platinum Britannia holders could also improve the offer thus making a type of orderboard for 1oz platinum Britannias and reducing the spread.
I'm still fairly new here so I'm wondering: Would something like this be useful? Has it been tried before for any other product? Can anyone see some pitfalls that would prevent it from working?
I can spot a few issues that I'm mulling over, though I'm fairly confident that maintaining a spread of 10% should be possible.