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Orpster

Platinum Premium Member
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Posts posted by Orpster

  1. 15 minutes ago, modofantasma said:

    A genuine 1917 isn't but I presume @Orpster means a counterfeit would be 

    I do indeed, and if anyone fancies a read you can view the HMRC Guidelines on coinage and banknotes here:

    https://assets.publishing.service.gov.uk/media/5a7a34deed915d1fb3cd633a/guidance_coinage_banknotes.pdf

    Under 'The Forgery and Counterfeiting Act 1981', which specifically mentions sovereigns as a 'protected coin' to be included with circulating currency under the act.  Its kind of grey if it is illegal to own them, or even sell them unless you believe the buyer may try and pass them as genuine, but better to err on the side of caution I suppose.  I suspect selling them as fakes, or replica's, may be, in a very technical sense, be legal and personally I think they are a part of the history of sovereigns as much as variants and mint errors are.

     

  2. I think you are right mate, one glance and the date looks wrong, did not even bother looking at anything else after that

    I would not buy it in your shoes even if it is 'worth its weight in gold'.  They are illegal to buy, sell and own.

  3. I would never buy a 0.5g coin, I do not see a point in them,

    I would buy 1g bullion as there is a definite market for it on the flip side, in bar as preference, and would pay up to 15% as a premium as that would be the sort of premium I would see when I sold.  There are people who would pay more if a piece has a collectors appeal or are rare or vintage but for 1g gold the bars seem to do far better than any proof coin which as James has said will bomb 99.9999999% of the time if they are not from a national mint,

    I avoid anything of that size only because of the space carded 1g bars take up in a safety deposit box.  But were I holding at home and space was not a challenge I think its not a bad way to stack as fractional is likely the future 

  4. 22 minutes ago, Petra said:

    You all buying🤔 or all selling🤔🤔😮🤣

    I have been buying but I had sold a few bits so was just putting the money back into gold, and spending my monthly budget,

    Now that's all gone though, I think I will just be getting the popcorn out and waiting to see where we are at next payday 

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