JohnA1

You tell me? @entsor have you tried an app based ping test? 

I very much doubt the GBP will ever make it that far.
It is decaying very fast, at an accelerating rate - just like the other paper currencies ever since 1971
Whatever will replace it matters not when it comes to the purchasing power of a gold ounce. This has been a constant through the ages, not even centuries.
Bankster deception is pricing gold in their paper 'equivalent', calling it the price of gold - like it is a commodity between oil and pork bellies.
The truth is that gold is money, and everything should be priced in weight of gold.  Don't fall for their lies..

Jewellers will use the melted gold to make jewellery, the mark-up on that will massively eclipse whatever you offer them mate, been there tried that and only ever found two jewellers that will sell to me and both do it cash only
I was in a jewellers in Lichfield on Saturday and asked if they had any sovereigns, the lad (owners son) told me his Dad keeps them all.  I asked if they buy and he said yes for £280.  I said don't you mean £380 and he said no.  I told him that was over £90 under spot and his response was that the premises were expensive to keep (ignoring the fact they do not sell on the sovereigns).  I basically told him they were sharks taking advantage of the unknowing and that Atkinsons (which is in the next town over from Lichfield) offer spot on most gold coins which he flatly refused to believe.  

Why would you try and make it anyone else's business?
Is it their business?

I can relate to the lake bit

That was the apocalypse of John.
Nostradamus was not Greek

I missed them, don't rub it in.

Those quarter sovereigns seem a good deal 

Sounds like it should be on eBay Binlord thread.
 

So what he's saying here is that all the stuff from the Chinese Mint that is sold on AliExpress is going into the lake? 😁
 

That was the apocalypse of John.
Nostradamus was not Greek

I can relate to the lake bit

Your question is reasonable and definately not daft. I am not sure there is such a thing as a daft question anyway (leading question, maybe!)
In my opinion, passing on gold/silver to the next generation is one of the most efficient ways to transfer wealth. (for property I'd look into appropriate trust structures)
In the UK juristiction, coins like Sovereigns, Gold/Silver Britannias and the like have the added advantage of being exempt of capital gains tax. Therefore they are transparent as far as HMRC is concerned. They do not trigger a taxable event like a gold/silver bar would do. Or a non-UK gold coin.
In any case, I would still keep outsiders (corporations or individuals) away from my own private affairs, irrespective of CGT status if it is none of their business.
Others feel differently, however..

Your question is reasonable and definately not daft. I am not sure there is such a thing as a daft question anyway (leading question, maybe!)
In my opinion, passing on gold/silver to the next generation is one of the most efficient ways to transfer wealth. (for property I'd look into appropriate trust structures)
In the UK juristiction, coins like Sovereigns, Gold/Silver Britannias and the like have the added advantage of being exempt of capital gains tax. Therefore they are transparent as far as HMRC is concerned. They do not trigger a taxable event like a gold/silver bar would do. Or a non-UK gold coin.
In any case, I would still keep outsiders (corporations or individuals) away from my own private affairs, irrespective of CGT status if it is none of their business.
Others feel differently, however..

Your question is reasonable and definately not daft. I am not sure there is such a thing as a daft question anyway (leading question, maybe!)
In my opinion, passing on gold/silver to the next generation is one of the most efficient ways to transfer wealth. (for property I'd look into appropriate trust structures)
In the UK juristiction, coins like Sovereigns, Gold/Silver Britannias and the like have the added advantage of being exempt of capital gains tax. Therefore they are transparent as far as HMRC is concerned. They do not trigger a taxable event like a gold/silver bar would do. Or a non-UK gold coin.
In any case, I would still keep outsiders (corporations or individuals) away from my own private affairs, irrespective of CGT status if it is none of their business.
Others feel differently, however..

Gold monitoring thread
Currently occupied by gold-related issues (in some form)

There are people on this forum who know a lot more than I do on PMs
I first pulled the trigger early 2015, it is highly likely there are people here who've been in the game far, far longer..

Gold and silver have been legal money since (at least) Roman times.
Unlike promisory notes (currencies, bonds, stocks etc) they are nobody else's liability.
Now why on earth would I want to go and make them someone else's liabilty? Involving corporations like a bullion dealer, the Crown corporation etc means agreeing to their contractual terms. Leave aside the CGT status of selected products, that is decided by some corporate entity and followed by those who choose to engage with them.
Think about it.
It is more about how we (and our children) stand in life. 

You do know sovereigns, britannias, silver brits etc are CGT-exempt, right?

Any profit from CGT coins can go towards a new TV licence.
 

There are people on this forum who know a lot more than I do on PMs
I first pulled the trigger early 2015, it is highly likely there are people here who've been in the game far, far longer..

Foreign coins (Kruggerands etc) - if you cash them into a dealer, then they have to inform HMRC and (theoretically) it has to be treated as a potentially taxable event. The level of any potential Capital Gains Tax would depend on the HMRC terms at the time.
In general, if it has been issued by the Royal Mint and if it has a GBP value printed on it, then it is a CGT-exempt coin.
Others may correct me if there are odd exceptions.

Why would you try and make it anyone else's business?
Is it their business?

Gold and silver have been legal money since (at least) Roman times.
Unlike promisory notes (currencies, bonds, stocks etc) they are nobody else's liability.
Now why on earth would I want to go and make them someone else's liabilty? Involving corporations like a bullion dealer, the Crown corporation etc means agreeing to their contractual terms. Leave aside the CGT status of selected products, that is decided by some corporate entity and followed by those who choose to engage with them.
Think about it.
It is more about how we (and our children) stand in life. 

Your question is reasonable and definately not daft. I am not sure there is such a thing as a daft question anyway (leading question, maybe!)
In my opinion, passing on gold/silver to the next generation is one of the most efficient ways to transfer wealth. (for property I'd look into appropriate trust structures)
In the UK juristiction, coins like Sovereigns, Gold/Silver Britannias and the like have the added advantage of being exempt of capital gains tax. Therefore they are transparent as far as HMRC is concerned. They do not trigger a taxable event like a gold/silver bar would do. Or a non-UK gold coin.
In any case, I would still keep outsiders (corporations or individuals) away from my own private affairs, irrespective of CGT status if it is none of their business.
Others feel differently, however..