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Parhelion

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  1. Like
    Parhelion reacted to Pete in Queens Beasts Pricing?   
    Many people make the mistake of valuing their individual coins or collections based on optimistic eBay "Buy-It-Now" prices.
    You need to check the SOLD prices with actual bids ignoring those who never sold.
    I did a thorough check yesterday to help another member and I reckon £650 is a fair price and individually the highest priced Beasts were closer to £80 than £120.
    Unless you have a seller deal on eBay the fees will hurt so being able to get in your pocket £650 - £700 or thereabouts seems the going rate for selling a set of 10 - 11 coins.
  2. Like
    Parhelion got a reaction from SlowFrog in Pouring sterling silver bars from scrap silver   
    If you're interested in melting it to make something out it, it's reasonably easy to make little ingots using borax flux to remove impurities. 
    There are loads of resources out there for people interested in making silver jewellery that cover melting and casting metal. For instance, I find this jeweller's videos on youtube really informative and easy to follow.
    As Stefffana said, it's best to keep hallmarked scrap whole if there's a chance you'll be selling it on. Mystery ingots are too much of a risk for most people. Even if you manage to sell them you won't get as much as you'd have got for the scrap. If I were doing a one off, I'd try to find a friendly jeweller (or silver pouring forum member) and agree a price to get my item included in a batch that they are sending in (if the assay offices allow this)
    Definitely look into hallmarking if you want to make anything to sell on. I think assay offices might let members of the public submit pieces for testing, but the price is much much higher than what they charge their members. Membership's not too pricey if you're actually making this into a business, and once you are submitting items in batches the cost per item is low.
     
  3. Like
    Parhelion got a reaction from Griffo in Pouring sterling silver bars from scrap silver   
    If you're interested in melting it to make something out it, it's reasonably easy to make little ingots using borax flux to remove impurities. 
    There are loads of resources out there for people interested in making silver jewellery that cover melting and casting metal. For instance, I find this jeweller's videos on youtube really informative and easy to follow.
    As Stefffana said, it's best to keep hallmarked scrap whole if there's a chance you'll be selling it on. Mystery ingots are too much of a risk for most people. Even if you manage to sell them you won't get as much as you'd have got for the scrap. If I were doing a one off, I'd try to find a friendly jeweller (or silver pouring forum member) and agree a price to get my item included in a batch that they are sending in (if the assay offices allow this)
    Definitely look into hallmarking if you want to make anything to sell on. I think assay offices might let members of the public submit pieces for testing, but the price is much much higher than what they charge their members. Membership's not too pricey if you're actually making this into a business, and once you are submitting items in batches the cost per item is low.
     
  4. Haha
    Parhelion reacted to ak74 in Best silver memes   
  5. Haha
    Parhelion reacted to Lyrinn in Best silver memes   
  6. Haha
    Parhelion reacted to HerefordBullyun in Best silver memes   
    @LawrenceChard let me know when you get these in stock please
  7. Like
    Parhelion reacted to Bigmarc in Gold Monitoring Thread £ GBP only   
    Unfortunately I think it's probably the youngsters that are loosing money that's propping the whole thing up. It's a nice thought but the crypo space is full of holes, ifs buts and maybes that it generally requires patience and I hate to generalise but not many youngsters have. 
  8. Like
    Parhelion reacted to GoldDiggerDave in UK Princes on Coins - Forecasts - Odds   
    More chance of this prince than Andrew
     

  9. Like
    Parhelion reacted to AuricGoldfinger in 2008 Credit Crunch - Was gold easy to liquidate?   
    I bought a brand new top spec ford transit in 2018 for £19500 + VAT. 

    A 2018 same spec model with around 30,000 miles on currently sells for around £20000 + VAT.
    I feel at the moment there is almost a culture of people throwing money at things and pushing up the prices. I see it with everything. Property, Watches, Gold (proof), Some cars, even particular shares and crypto have boomed due to people throwing money at it - the list goes on. The money being thrown at these items is often down to cheap debt.
    The rug can and will be pulled out and being liquid in these times is going to be useful for survival but also useful for jumping on the opportunities dire times presents.
  10. Like
    Parhelion reacted to LawrenceChard in 2008 Credit Crunch - Was gold easy to liquidate?   
    During the Credit Crisis, physical gold was in short supply, very similar to the situation during Covid, so yes it was easy to liquidate.
  11. Like
    Parhelion reacted to Minimalist in 2008 Credit Crunch - Was gold easy to liquidate?   
    Well considering im under 35 and I am experiencing a 3rd recession in my lifetime you are posting up nonsense.
  12. Like
    Parhelion reacted to LawrenceChard in Red v Yellow Colour Gold Sovereigns - Silver v Copper Alloy Content   
    It is almost universally agreed that gold sovereigns, together with multiples and fractions would look better yellow by adding some silver to the alloy, rather than the modern coppery red colour created by using only copper in the alloy, and no silver.
    I have frequently commented on it, and produced XRF alloy analysis as evidence that there was always silver in older sovereigns, and that the absence of silver, producing red gold coins is a recent (since about 1957) aberration.
    There are many threads on TSF which mention this, and also infomation and blog pages on the Chards website.
    On Thursday 23rd September, I wrote an e-mail to Anne Jessop and two other members of the Royal Mint management team, stating the case for adding silver, and doing so as early as in the anticipated 2022 Royal Coat of Arms sovereigns.
    I was pleasantly surprised to get a response as early as the next day, but it was only from one of the recipients letting me know they had forwarded it to a more appropriate member of their team. Following that, I had been expecting a substantive response shortly afterwards, even if it was to say "no", or "thanks". It has been almost three weeks now, and a thought just occurred to me, that the delay and absence of response may just be because I have hit a proverbial nail on the head, and that they are about to issue yellow gold sovereigns with some silver content, in which case, they would not wish to pre-empt their embargo or announcement. Or perhaps they are mulling over my suggestion...
    Any bets?
  13. Like
    Parhelion reacted to Shinus73 in eBay Selling - Be Careful Out There   
    I’m a long time seller on eBay, almost 20 years. First few years buying and selling vinyl and the last 12 years or so, the same thing with coins.
    Never been on the end of an attempted sting until very recently, but it’s happened twice in the last month.
    First occasion, a £5,000 coin took the interest of a buyer in Japan. However, as the Global Shipping Program no longer ships to Japan, and I am unwilling to take the risk of shipping overseas independently, the sale could not proceed.
    The interested party then informed me that they have an address in the UK and would I ship there. I agreed, as long as the address was first registered as an official eBay shipping address on his account. Once this had happened we processed with the sale.
    Only at this stage did I realise that the address wasn’t on the UK mainland, but on Guernsey (my bad). This worried me a great deal, as it involved a customs declaration which I had wanted to avoid, but the item duly arrived after several days delay with the taxman.
    Fast forward a week and the fun begins. I received a message from the buyer stating that although the item had arrived, the courier he had intended to use for the next leg to Japan, was no longer willing to carry the shipment, and they wanted to return the coin and have me send it to an alternative address.
    This would have invalidated my eBay seller protection, so I ignored the message and waited for a refund request which never came.
    My conclusion is that the buyer was simply chancing his arm in the hope that I was naïve enough to do as he asked. Eight weeks later, the buyer is still sending me messages with the same request, which I continue to ignore and will report when I find the time.
    Second occasion, today, a buyer opened a refund request (£400) claiming the item had not arrived.
    Alarm bells immediately rang for me, as this coin was shipped 13 days ago, one day before the 14 day returns period ends. Nobody waits 13 days to report a £400 coin that hasn’t arrived, when they know it’s been shipped Special Delivery.
    The pertinent point here is that I had not completed the tracking details on eBay.
    The buyer has waited as long as possible before opening the case, in the hope that I no longer have the tracking details and therefore, have no way to prove that the item was delivered.
    Five minutes after uploading the tracking details complete with signature, the buyer sent me a message to say he’d made a mistake and had intended to open a case on a different item. Another chancer.
    You have to understand the rules before selling anything of value on eBay. Be careful and always keep your tracking details.
     
  14. Like
    Parhelion reacted to LawrenceChard in 2022 Bullion Sovereign   
    Or you could get them from https://www.chards.co.uk/2022-gold-sovereign-uncirculated-coin/15066 at a better price, although you might have to wait a little longer.
    Unofficially, we are hoping to receive our first stock about 17th January, but don't hold me to that date.
    If you only want one piece, Harrington and Byrne are often cheapest, it's their loss leader.
  15. Like
    Parhelion reacted to dangelo in Price prediction of silver on 31/12/2021   
    Market prices seem unrealistic / manipulated but that's not new.  Massive inflation is coming and the best hedge is gold and silver to retain / preserve wealth.  But the problem I see now is so many people are (foolishly in my opinion) putting money into digital pyramid schemes (ponzi) called cryptocurrency.  I think the move into this intangiable "currency" is surpressing the price rises in gold and silver.  Long story short, it's going to rise but right now the media are also downplaying the truth and severity of the inflation globally.  So we will see a similar price to what it is right now.  Only when everyone realizes the true situation will it skyrocket, but like I said, most people are just reading FT and watching CNN so they won't get it until it's too late. 
    So USD 24.38 at the close of business, last day of this year
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