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Sparky99

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  • Posts

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  • Country

    United Kingdom

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  1. Thanks
    Sparky99 reacted to HonestMoneyGoldSilver in Different gold types   
    I can give you some basics but there are much better coin experts on TSF than me:
    1) A sovereign is 7.998 grams of 91.7% gold (22 Karat), or an AGW (Actual Gold Weight) equivalent of 7.322g fine gold (999/9999 gold or 24 Karat). A sovereign = £1
    2) A double sovereign is like the name suggests - double the gold weight of a regular sovereign and = £2
    3) A modern Britannia coin is 99.99% gold (24 Karat). The AGW (Actual Gold Weight) is equivalent to the weight of the coin - e.g. a 1oz Britannia is 1oz of fine gold
    4) Those are Troy Ounces (31.1035g) not metric ounces (28.35g)
    5) The design can make a difference to the premium although premiums are generally more closely tied to scarcity than the subjective beauty of the design
    6) For investment stacking you don't need to consider the design you should concentrate on AGW (Actual Gold Weight) and low premiums
    7) In the UK an important component of stacking gold is CGT-exempt coins. CGT = Capital Gains Tax. Any coin produced by the Royal Mint that has a face value (£1, £2, £100, etc) is CGT-exempt. This means you can buy and sell an unlimited amount of these coins without having to declare your profit to HMRC - i.e. these coins are completely tax free, no taxable events take place when buying/selling as a private individual
    8 ) Other gold coins like world gold and some coins produced by the Royal Mint may not be CGT-exempt, so taxes might be due on realised profits above the CGT threshold (currently £3000/tax year). There is a whole library on the HMRC website detailing which coins are and are not CGT-exempt. The simple rule is as above - sovereigns are CGT-exempt as is any coin with a face value. Note that gold bars, even Britannia gold bars produced by the Royal Mint, are not CGT-exempt
    9) For pure investment purposes you want the lowest premium coins that are still highly liquid, CGT-exempt and recognised globally. By those 4 metrics the single best coin to stack is arguably the sovereign and the half-sovereign (half the AGW of a sovereign). Any other CGT-exempt coin like the Britannia is just as good as a sovereign if you can get a similar size at the same premium, however, the premium for the closest equivalent AGW Britannia (1/4 oz) tends to be slightly higher than the premium on sovereigns, but not always
    10) In short for simplicity you want to stack sovereigns and 1/4oz Britannias. If you have a slightly larger budget then buying 1oz Britannias (or any other CGT-exempt coin) is a good option. The premiums on 1oz coins are slightly lower but the trade-off is it's harder to sell a 1oz gold coin than a 1/4oz gold coin or 1/10oz gold coin. The smaller the coin the more liquid (easy to sell) the coin becomes. For this reason the smaller coins (half-sovereigns, 1/10th ounce, 1/20th ounce) are becoming more popular as the price of gold increases
    11) There are all sorts of pros and cons with regards collectible gold like "shield" sovereigns, scarce coins, world and historic gold, etc. Before buying these you should do your own research. It's possible that some collectible (numismatic) coins will end up as better investments than bullion (best value) coins but you need to understand the market before paying extra premiums for collectible or world gold coins
    12) The same rules about CGT-exemption also apply to silver - i.e. silver coins produced by the Royal Mint with a face value (£2, £5, £10, etc) are CGT-exempt. For this reason most silver stackers in the UK have Britannias and other CGT-exempt coins as the cornerstone of their silver stack. The CGT thing is less of a problem with silver though. Feel free to buy some world silver coins like Perth Mint, Germania, KOMSCO, etc. The coins from those mints tend to be higher quality than modern Royal Mint silver coins and so keep their premiums better than Royal Mint coins - i.e. better for resale if/when the time comes to sell
    13) Remember that investment gold is VAT-exempt in the UK whereas silver is not VAT-exempt. By default this makes gold a better investment choice in the UK than silver. Having said that you won't be paying VAT on silver on TSF, so buying silver here on The Silver Forum can be very attractive
  2. Thanks
    Sparky99 reacted to margin in Auctions sites   
    I like the Coinery (more fun with an actual auctioneer), coin cabinet (good starting prices) and coins of the realm
  3. Thanks
    Sparky99 reacted to AOB in Auctions sites   
    @CoinsOfTheRealmAuctions are TSF member and great business to deal with, dealt with Louise many times.
  4. Super Like
    Sparky99 got a reaction from monkey in Hello Folks! I’m HXMan!   
    Welcome to the forum!
  5. Like
    Sparky99 reacted to Skyfiller in Another in the Kilo Club   
    Not yet, was going to update it when I had a sec to include the different mints. At the moment it’s just B - bullion, P- proof and H - half.  Will try and update this week. Pm me your email and I’ll send you a copy 👍🏻
  6. Super Like
    Sparky99 got a reaction from stefffana in Another in the Kilo Club   
    Very nice I can see the runs forming I’m sure they will complete by the next 1kg,
    Also, nice chart where can I find or could you send me the format? Excel? 
     
    Are the letters the mint? 
  7. Like
    Sparky99 got a reaction from Skyfiller in Another in the Kilo Club   
    1kg in 3 years fair play smashed your goal!
    Do you have date runs or just random? 

    Great achievement well done 🫡
  8. Super Like
    Sparky99 got a reaction from jackflash123 in Another in the Kilo Club   
    1kg in 3 years fair play smashed your goal!
    Do you have date runs or just random? 

    Great achievement well done 🫡
  9. Like
    Sparky99 got a reaction from Paul in Another in the Kilo Club   
    1kg in 3 years fair play smashed your goal!
    Do you have date runs or just random? 

    Great achievement well done 🫡
  10. Super Like
    Sparky99 got a reaction from Zhorro in Another in the Kilo Club   
    1kg in 3 years fair play smashed your goal!
    Do you have date runs or just random? 

    Great achievement well done 🫡
  11. Super Like
    Sparky99 got a reaction from Aldebaran in Another in the Kilo Club   
    1kg in 3 years fair play smashed your goal!
    Do you have date runs or just random? 

    Great achievement well done 🫡
  12. Super Like
    Sparky99 got a reaction from stefffana in Another in the Kilo Club   
    1kg in 3 years fair play smashed your goal!
    Do you have date runs or just random? 

    Great achievement well done 🫡
  13. Super Like
    Sparky99 got a reaction from ZRPMs in Another in the Kilo Club   
    1kg in 3 years fair play smashed your goal!
    Do you have date runs or just random? 

    Great achievement well done 🫡
  14. Like
    Sparky99 got a reaction from Chrisplym in 2003 Proof Full Sovereign   
    Hi All,
    Item: 2003 Proof Full Sov

    Box/COA: Yes, both box and COA  

    Condition notes: really good condition I can’t see any marks  

    Price: £485 + Post
    Item Location: UK

    Shipping destinations: Will ship UK by Royal Mail

    Payment Terms: Payment by bank transfer in GBP only

    Dispatch Time: Aim to dispatch day after purchase 

    Photos: 

  15. Like
    Sparky99 got a reaction from Brit2023 in 2003 Proof Full Sovereign   
    Hi All,
    Item: 2003 Proof Full Sov

    Box/COA: Yes, both box and COA  

    Condition notes: really good condition I can’t see any marks  

    Price: £485 + Post
    Item Location: UK

    Shipping destinations: Will ship UK by Royal Mail

    Payment Terms: Payment by bank transfer in GBP only

    Dispatch Time: Aim to dispatch day after purchase 

    Photos: 

  16. Like
    Sparky99 got a reaction from boshan in 2003 Proof Full Sovereign   
    Hi All,
    Item: 2003 Proof Full Sov

    Box/COA: Yes, both box and COA  

    Condition notes: really good condition I can’t see any marks  

    Price: £485 + Post
    Item Location: UK

    Shipping destinations: Will ship UK by Royal Mail

    Payment Terms: Payment by bank transfer in GBP only

    Dispatch Time: Aim to dispatch day after purchase 

    Photos: 

  17. Like
    Sparky99 got a reaction from ArgentSmith in 2003 Proof Full Sovereign   
    Hi All,
    Item: 2003 Proof Full Sov

    Box/COA: Yes, both box and COA  

    Condition notes: really good condition I can’t see any marks  

    Price: £485 + Post
    Item Location: UK

    Shipping destinations: Will ship UK by Royal Mail

    Payment Terms: Payment by bank transfer in GBP only

    Dispatch Time: Aim to dispatch day after purchase 

    Photos: 

  18. Like
    Sparky99 got a reaction from Spyder in 2003 Proof Full Sovereign   
    Hi All,
    Item: 2003 Proof Full Sov

    Box/COA: Yes, both box and COA  

    Condition notes: really good condition I can’t see any marks  

    Price: £485 + Post
    Item Location: UK

    Shipping destinations: Will ship UK by Royal Mail

    Payment Terms: Payment by bank transfer in GBP only

    Dispatch Time: Aim to dispatch day after purchase 

    Photos: 

  19. Like
    Sparky99 got a reaction from gji25 in 2003 Proof Full Sovereign   
    Hi All,
    Item: 2003 Proof Full Sov

    Box/COA: Yes, both box and COA  

    Condition notes: really good condition I can’t see any marks  

    Price: £485 + Post
    Item Location: UK

    Shipping destinations: Will ship UK by Royal Mail

    Payment Terms: Payment by bank transfer in GBP only

    Dispatch Time: Aim to dispatch day after purchase 

    Photos: 

  20. Super Like
    Sparky99 got a reaction from jackflash123 in 2003 Proof Full Sovereign   
    Hi All,
    Item: 2003 Proof Full Sov

    Box/COA: Yes, both box and COA  

    Condition notes: really good condition I can’t see any marks  

    Price: £485 + Post
    Item Location: UK

    Shipping destinations: Will ship UK by Royal Mail

    Payment Terms: Payment by bank transfer in GBP only

    Dispatch Time: Aim to dispatch day after purchase 

    Photos: 

  21. Super Like
    Sparky99 got a reaction from Zhorro in 2003 Proof Full Sovereign   
    Hi All,
    Item: 2003 Proof Full Sov

    Box/COA: Yes, both box and COA  

    Condition notes: really good condition I can’t see any marks  

    Price: £485 + Post
    Item Location: UK

    Shipping destinations: Will ship UK by Royal Mail

    Payment Terms: Payment by bank transfer in GBP only

    Dispatch Time: Aim to dispatch day after purchase 

    Photos: 

  22. Like
    Sparky99 got a reaction from Tn21 in 2003 Proof Full Sovereign   
    Hi All,
    Item: 2003 Proof Full Sov

    Box/COA: Yes, both box and COA  

    Condition notes: really good condition I can’t see any marks  

    Price: £485 + Post
    Item Location: UK

    Shipping destinations: Will ship UK by Royal Mail

    Payment Terms: Payment by bank transfer in GBP only

    Dispatch Time: Aim to dispatch day after purchase 

    Photos: 

  23. Thanks
    Sparky99 got a reaction from JamesH in Shield sovereigns flash auction   
    # 2 £453
    # 4 £452 
    please my man 
  24. Thanks
    Sparky99 got a reaction from JamesH in Shield sovereigns flash auction   
    £450 Nr 2 - 1843 to start off 👍
  25. Like
    Sparky99 reacted to JamesH in Full sovereign’s   
    Back up you go. Got a little avalanched
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