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BackyardBullion
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Posts posted by BackyardBullion
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10 minutes ago, Spyder said:
If you going to do a proper comparison, then do it properly. I know you mentioned that Atkinson sponsored one of your video.
I have never heard of UK bullion. I will include them next time.
When/if you watch my video later you will understand why I used these 6 companies.
But, shouting at somone on the internet is the best course of action of course.
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6 minutes ago, Spyder said:
If you going to do a proper comparison, then do it properly. I know you mentioned that Atkinson sponsored one of your video.
This has nothing to do with this video. They sponsored me for one video....ask them, its only one sponsored slot so far!
Why so agressive?
- DisplayName and Go65
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Just now, 365DaysofSilver said:
Love this. Great info!
Thanks man, video going through it all coming out today
- 365DaysofSilver, dicker and neilthenurse
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Interesting price comparison for dealers
Royal Mint really not coming off well at all!
- Silver200sx, MBTPSilver, neilthenurse and 5 others
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50 minutes ago, James32 said:Well you could currently sell 48 1g bars a year ( £62 each ) before worrying about the CGT threshold.
But you could also sell multiple sovereigns/other CGT free coins without worrying at all.
Just remember if a sovereign becomes more expensive, then so does a 1g bar ( infact the 1g bar becomes even more expensive due to higher premium out the gate)
TLDR: just buy whatever your budget allows and worry about selling when the time comes.
THE FOLLOWING IS NOT FORMAL TAX ADVICE, but my own interpretation of the rules.
Thats assuming you make that much profit per bar.
Its the profit on the capital not the total value that makes a difference.
If you bought 100x 1g bars at £55 each and sold them all for £65 each you make £1000 profit and do not have to even declare the gain as it is below the threshold.
If you had 100x 1g bars bought for £35 a few years ago and sold them for £75 each then that would be a £4000 gain. You would need to declare it and you would pay tax on the £1000 above the allowance.
- Roy, CazLikesCoins, HonestMoneyGoldSilver and 8 others
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WOW
The Royal Mint don't learn.
They are really taking the biscuit with this set
https://www.royalmint.com/shop/coin-sets/Britannia-Through-the-Ages-Nine-Coin-Set/
£750!!!
I have *very gernerously* totted up the consituant parts and have come to a total of £120
Shocking.
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Just now, Upsidedown said:
Only a bugatti drag race can settle this
You buying me one?
- 9x883, AOB and Upsidedown
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5 minutes ago, paulmerton said:
I did think of the inimitable @LawrenceChard as I wrote that! Except in his case the contributions were nearly always positive and reflected well on his company.
I see little flashes of "LawrenceChard is here" at the top of some posts, ever optimistic that he may post something some day. Rumour has it, that if I ever make a typo, it was actually a deliberate attempt to bring him out of the woodwork and say hello. 😎
@LawrenceChard was around when the Oxford Mint was making coins in the 1600's wasn't he?
Just now, BackyardBullion said:@LawrenceChard was around when the Oxford Mint was making coins in the 1600's wasn't he?
Hell, he was probably there talking to them about free postage in 871AD
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48 minutes ago, NextDayBullion said:The topic in question was A Beautiful Bar What Do You Think ?The company bank balance has no significant reference to do with the design or about the product. If the balance sheet was £10 million, why would that make a difference to the bullion item?The TSF post was for UK bullion consumers and TSF members to get a chance to look at this new item and the new range coming soon.Back yard bullion.I am not willing to go back and forth with you and have 1,000 sentences in exchange.So what I propose is that Nextdaybullion and Backyardbullion have a professional gentleman's live YouTube discussion and debate on the UK bullion market, and any topics, for example, like the Oxford Mint, can be discussed. I can arrange an intermediary channel to arrange the discussion.I have a few questions to ask you, and by the looks of it, you have some questions to ask me.🤔I am not ''quite'' in any way, but I am happy to express my 14 years of physical bullion trading and my proprietary trading experience on precious metals.I see you only started in 2016, so your experience in the sector is very limited, and with some of the content you bring out, it shows, and this may be a good education experience for you.I hope you take this up; if not, you will be the one who is quiet. (being quite quiet about all this?)If you accept, please email me, and I will start making the arrangements. I am sure there will be lots of people interested in viewing this.NEXTDAYBULLION vs. BACKYARD BULLIONLive Debaite 😁
No thanks.
As I said, the bar is nice but pretty derivative in design (my opinion).
Good luck with the product, I hope it sells well for you
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@NextDayBullion being quite quiet about all this?
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The director of the Oxford mint (according to companies house) also was a director at THE EAST INDIA COMPANY COLLECTIONS LIMITED (07352505)
- MBTPSilver and ak74
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On 29/03/2024 at 23:44, Bullionhoarder said:
Well I’m a long time lurker but decided to create an account to finally have my day on this. I have an account manager at Royal Mint, I spend a lot with them every year. And this is what I received as my 2oz Gold Pistrucci…… the wonkiest edge I’ve ever seen on a coin!
Needless to say I went a bit bonkers at my account manager. I was also one of the cancelled 5oz Petition crown customers so I had a fair amount to say. Not sure I have an account manager anymore hah! But seriously £5.5k for that? Seriously close to giving up with RM
You should have kept that as a mint error it's so bad!
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6 minutes ago, Skyfiller said:
Such a shame, thought there was going to be some history here but alas it’s being run out of a domestic address in Woking. They shouldn’t be allowed to get away with all that historical rubbish on the website when it’s not related in the slightest. I’m even verging on the thought of is it a legitimate company as this is their terms and conditions on their website?!
Ok yeah, that's really bad.
@NextDayBullion any thoughts?
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Just now, AndrewSL76 said:
Just had a look at the website where this is listed. £74.70. It has sold out, so I guess there is interest…unless that is part of the marketing. Speaking of which, the marketing does not feel accurate. The gold bar is made in Germany. What is the connect with Oxford Mint if the item is made by Liepziger Edelmetallverarbeitung?
I agree.
- AndrewSL76 and Anteater
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Ascention islands....
Oh dear.
So, I would have been super interested if this had been a mint with lost history that had been resurrected by the treasury as an alternative to the royal mint.
But sadly it's just a modern mint (dime a dozen now) that is playing on the name and history.
No CGT products. Bars are nice, but really shouldn't be more than £60 each.
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Just now, treetop1280 said:
Where it was sent from as in , the Royal Mail depot before it gets on the plane
Edinburgh Mail Centre
Investigation into Historic Coin Pricing by The Royal Mint
in General Precious Metals
Posted
You would think so...but I was just called out on this marvelous forum by someone because they think I did this to bias Atkinsons...