srh2023

Are the RM 5g bar sales finally having an impact?

I just had a quick look on the Oxfam website. Those coins are significantly overpriced. £45 for a base metal 1953 Crown? £5.99 for a silver 3d? 🤣

What every silver stacker said in 2011...............

Woo! Back to £1,600+  roll on the ploughman's meal deal tomorrow!  

I don’t know about Gold price movements but you are spot on about what might go down in London this weekend, unfortunately innocent people and businesses will be affected.
We are certainly going to see terrible scenes.

Although I understand the post first get paid later when selling to well known forum users, it still leaves bit of a bitter taste in my mouth because it feels like the community is being split into the privileged popular people who can have things sent to them with no risks and then the rest of us who just have to trust some guys on a forum who says don't worry that person is fine. I mean those trust worthy people had to start out like the rest of us didn't they.
 
But I get it, we live in a world where bad people exist who want to take things that don't belong to them from honest people. But it seems one of the unfortunate side effects of that reality and the counters you guys are making to it, is the haves and have nots on the forum, the privileged "trusted" and the rest being great unwashed untrusted who must take all the risks when selling. That's just my feelings on the matter, just my opinion. There is no right or wrong, or any kind of argument to be had.
When I joined the forums awhile ago, i was tinkering with the idea of perhaps selling on here one day, but after the recent scams from a "trusted" person, I decided to perhaps not bother, which is why I'm not too concerned about building my rep now and just speaking plainly.
I suppose I am more angry at the thieves and dishonest people who ruin good things, rather than being upset with the system here.

I am not greedy. Put me down for a hundred sovereigns at that price and I will leave the rest to other TSF members 😛

I don't consider buying Gold (or any PM) spending money; 
more converting 'spare' paper money into another (hopefully better) form of money.

You will go to coin hell now and for all eternity. There is no way back once you polish a coin.

I should create a poll like
How big is your gold stack?
1. 4 to 8 grams - Alpha Staker
2. 8 to 12 grams - The Real One
3. 12 to 16 grams - Near Trump
4. 16 to 32 grams - Unbelievable rich

Talking of Silver is anyone desperately selling at below spot 🤣

2022 now sold.

I've been told the 2024 proof sovereigns will be released in the next couple of weeks.
The prices I've been quoted are:
5 Coin Sovereign Set: £5725  3 Coin Sovereign Set: £1140  Sovereign: £725 Half Sovereign £385   I am giving this one a miss - I will be happy with a bullion sovereign this year.

I am interested in the 2022 Jubilee. Please PM. Thanks. 

I am interested in the 2022 Jubilee. Please PM. Thanks. 

It is a Silver 3d pre-1920 so 925 Sterling Silver. There is a small possibility that it might be a Maundy 3d (but hard to distinguish as they had identical designs until the 1920 debasement). 

Coins with face value over £1 can be any amount.
See on Chards site: https://www.chards.co.uk/guides/legal-tender/5
 

Are the £100 coins of unlimited legal tender?
I know for example that coins denominated in pence have limits and that for example no banknotes are legal tender in Scotland - even the Scottish ones.

I am talking about legal tender value. A £100 coin has a legal tender value of £100, that I can assure you. I have explained what legal tender means from a law perspective. What the metal spot price might be is neither here nor there. What I am explaining is legal tender. If you have incurred a £100 debt and offered a £100 legal tender coin in satisfaction of that debt and it was refused, you would have a complete defence in court to any action based on that debt. That is plainly the legal position. 

I am talking about legal tender value. A £100 coin has a legal tender value of £100, that I can assure you. I have explained what legal tender means from a law perspective. What the metal spot price might be is neither here nor there. What I am explaining is legal tender. If you have incurred a £100 debt and offered a £100 legal tender coin in satisfaction of that debt and it was refused, you would have a complete defence in court to any action based on that debt. That is plainly the legal position. 

I am talking about legal tender value. A £100 coin has a legal tender value of £100, that I can assure you. I have explained what legal tender means from a law perspective. What the metal spot price might be is neither here nor there. What I am explaining is legal tender. If you have incurred a £100 debt and offered a £100 legal tender coin in satisfaction of that debt and it was refused, you would have a complete defence in court to any action based on that debt. That is plainly the legal position. 

Sorry, not the case. I have posted a guide in response. Gold- yes.
A lot of silver coins have a ‘face value’ of £50 or £100 but the actual metal is just 1oz. You have to know the difference between circulated and legal tender. It’s a con, questionable and guess it was never thought of as form of barter for actual face value by RM.

As many on the Forum will no doubt know, legal tender is a very specific legal concept. Once a debt has been established, offering legal tender is a complete defence to any subsequent legal action based on the debt. For example, you do some work for me (say service a boiler) and the bill comes to £300. I offer you £300 in one pound coins in settlement of that debt and you refuse to accept them. I tell you to go away and you subsequently sue me on the debt. I have complete defence to your claim because I can plead the defence of "tender". Base metal coins below £1 are only legal tender to specific amounts (for example 1p and 2p are legal tender to 20p). 
The general public have a misconceived understanding of what legal tender means. That said, anyone refusing PM coins offered at face value for tender would be mad given their metal value far exceeds the face value. 

I have not bank debts, but in December I need to do full service and MOT to my car. I will let them do the work and I will be in debt to Halfords. I will update then with results.😁
 

There is no difference. The legal position is the same.