Jump to content
  • The above Banner is a Sponsored Banner.

    Upgrade to Premium Membership to remove this Banner & All Google Ads. For full list of Premium Member benefits Click HERE.

Simonz

Member
  • Posts

    88
  • Joined

  • Last visited

  • Trading Feedback

    0%
  • Country

    New Zealand

Reputation Activity

  1. Like
    Simonz got a reaction from apachebleu in Just Seen This - King Charles Coronation Logo   
    A quick mockup...

  2. Like
    Simonz reacted to NGMD in Today I Received.....   
    A few pieces to hide under the floorboards. Thanks to all.
    @AOB Geiger 1kg Doorstops
    @Orpster interesting signed 2022 Sov
    @Sh97if Sealed 2012 RM Sov
    @LiquidMetalsUK Lovely 2005 Sov

  3. Like
    Simonz got a reaction from TheMadKing in Just Seen This - King Charles Coronation Logo   
    A quick mockup...

  4. Like
    Simonz got a reaction from Sovstacker in Just Seen This - King Charles Coronation Logo   
    A quick mockup...

  5. Like
    Simonz got a reaction from Foster88 in Just Seen This - King Charles Coronation Logo   
    A quick mockup...

  6. Like
    Simonz got a reaction from TeaTime in Just Seen This - King Charles Coronation Logo   
    A quick mockup...

  7. Like
    Simonz reacted to Sc391 in Just Seen This - King Charles Coronation Logo   
    Looks great, now let’s see what the RM comes up with.  I’m definitely in (in gold) if it looks this good.
    p.s. Really like the Welsh version, don’t see it happening, but it would be a special touch
  8. Like
    Simonz reacted to SidS in Just Seen This - King Charles Coronation Logo   
    Looks better than the 2022 sovereign.
  9. Like
    Simonz reacted to slack in Just Seen This - King Charles Coronation Logo   
    The mock up looks great
  10. Like
    Simonz reacted to LawrenceChard in Just Seen This - King Charles Coronation Logo   
    Impressive!
    😎
  11. Like
    Simonz got a reaction from CaptCaveMan in Just Seen This - King Charles Coronation Logo   
    A quick mockup...

  12. Like
    Simonz reacted to Bratnia in gold sovereign or britannia   
    Pre 1931 and Sovereigns were money. There were Pound notes (paper money) and Sovereigns (legal tender £1 value). Interchangeable. "I promise to pay the bearer the sum of ..." is still written on present day paper (plastic) notes, in effect stating that paper notes can be exchanged for gold, but where that no longer actually applies (at least not directly such as banks being obligated to do so). In contrast a Britannia one ounce coin has a £100 legal tender value. Not that people will actually pay for a Pound Shop item with a Sovereign at its legal tender value nowadays, as that fixed rate gold/money convertibility ended in 1931 and since then the Pound note/currency has devalued (inflation).
    The price of gold tends to be volatile. Buying and holding isn't really a good choice. Instead blend gold with stocks and periodically rebalance the two. 67/33 FCIT (a global stock fund) and gold for instance. If 67 stock value halves to 33, 33 gold value doubles to 66, then rebalancing back to 67/33 stock/gold weightings doubles up on the number of stock shares held. Not that you should particularly target that, rather simple periodic rebalancing suffices, in effect captures similar characteristic in a more opaque/gradual manner. With that in mind, a gold ETF/fund (such as SGLN) is a reasonable 'gold' holding, costs around 0.12%/year in fund management fees which compared to perhaps a 3.5% coin premium above spot, sell back at spot, and 3.5% / 0.12% = 29 years to break-even. However there are different risks/benefits to holding ETF/physical gold, so at some point, when coin spreads are narrow, migrate some of gold ETF over to Britannia (or Sovereign) coins. Sovereign and Britannia coins are exempt from capital gains tax so frees up some ISA/SIPP space for other assets.
    Historically since 1965, if you maintained a yearly rebalanced 67/33 FCIT/gold asset allocation, you'd have ended 2022 with over 15 times more ounces of gold. Whilst the portfolio grew at a 13.4% annualised rate of return (7.4% in real (after inflation) terms). Gold by itself increased at a 8.5% annualised rate of return (nominal) BUT did so in a much more irregular manner. For instance 1980 to 2004 and broadly the price of gold remained the same, lost out in real terms. Physical in-hand gold is more for the bottom half of your total gold holdings, that is less inclined to be 'traded' (such as via yearly portfolio review/rebalancing). For that bottom draw/core gold holdings Britannia coins tend to have the narrower spreads, but if you periodically migrate some of gold fund/ETF over to physical gold then that is subjective as at times Sovereign coins might have tighter spreads than Britannia coins. All a question of ongoing supply/demand factors.
    You can do the same/similar with FCIT. Sometimes that sells for a 10% discount to NAV (net asset value), sometimes it compares to NAV. Rotating out of FCIT and into a global stock tracker ETF when the price/NAV is near 0%, swap back again when FCIT is at a 10% discount to NAV ... and such 'trading' over time potentially adds to your overall portfolio rewards.
    In short, start with a gold ETF such as SGLN, and then over time look to migrate some of that into coins, as and when the circumstances (spreads) look attractive.
  13. Like
    Simonz reacted to Orpster in Today I Received.....   
    Had a new bullion memorial double this morning, an interesting side by side with the jubilee version below,
    The double does the design much more justice than the full/half, I am quite taken with it

  14. Like
    Simonz reacted to GoldDiggerDave in Today I Received.....   
    Sorry to bore you…….another 5 coin set🤣



  15. Like
    Simonz reacted to James32 in Today I Received.....   
    Big thanks to @Fenlander1 @DuncanWylieWilson @Tn21 and last but not least @spookyandroid

  16. Like
    Simonz reacted to CazLikesCoins in Today I Received.....   
    Today I received ...
    Three lovely Gillicks. Nom nom nom
    Woo hoo on Sunday I did my first purchase here on The SilverForum and a very good experience it was too. And Monday this week @brnlx639 sent to me not one, not two, but three lovely Gillicks dated '66,'67,'68. And very nice they are too, all glittery and golden and in the exact condition described. 
    Here are some pix, albeit iPhone specials. I didn't have time to get arty and get my proper camera out. But the pix do show off the lovely sovereigns and their lovely golden glow.


     
  17. Like
    Simonz reacted to Earthmetal in Today I Received.....   
    Is it a Demi-Trove perhaps?
  18. Haha
    Simonz reacted to modofantasma in Today I Received.....   
    Bunch of clangers
  19. Like
    Simonz reacted to JamesH in Today I Received.....   
    A few half Sovs, or as I’m starting to view them, the ‘affordable’ coins of the future 👍🏼

  20. Like
    Simonz got a reaction from goldmember44 in Just Seen This - King Charles Coronation Logo   
    A quick mockup...

  21. Like
    Simonz reacted to Solachesis in Today I Received.....   
    1958 from @Spyderand his knock out auction 


  22. Like
    Simonz got a reaction from Tortoise in Just Seen This - King Charles Coronation Logo   
    A quick mockup...

  23. Super Like
    Simonz got a reaction from Darr3nG in Just Seen This - King Charles Coronation Logo   
    A quick mockup...

  24. Like
    Simonz got a reaction from GoldenGriffin in Just Seen This - King Charles Coronation Logo   
    A quick mockup...

  25. Like
    Simonz got a reaction from GreatCoins4U in Just Seen This - King Charles Coronation Logo   
    A quick mockup...

×
×
  • Create New...

Cookies & terms of service

We have placed cookies on your device to help make this website better. By continuing to use this site you consent to the use of cookies and to our Privacy Policy & Terms of Use