noddycoder

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The much anticipated (by me) Perth Mint 2024 Lunar Dragon 1 oz gold bullion coin - was offically released by the Perth Mint 8am this morning - last night by our clocks.

Currently only available in the UK on pre-order at Chards. Thank you Lawrence 😊

https://www.youtube.com/watch?v=wOiwh7a6Vxs

3 minutes ago, James32 said:

Jeez I'd be really tempted to try and fold them down again 😅

Maybe I shouldn't have returned it. There's no way it could ever be mistaken for a forgery, no self-respecting Chinese forger would make such a cr*p copy 😄

22 hours ago, BackyardBullion said:

I would be returning it for a replacement if it arrived like that.

Last thing to say is that the cotton gloves are not the best to be handling proof coins, you should get some powder less latex or professional coin glove/finger covers. 

I would return it as well. One reason why I steer clear of numismatics and stick with bullion. Too much hassle.  Even then it's not easy to get good 'uns.

32 minutes ago, RDHC said:

I am very taken with the original Britannia figure by Phillip Nathan, the classic, standing one with billowy robes. I think that it is a wonderful and rather lovely creation, and much better than some of the rather 'butch' female figures that appear on coins (exception made for 'Vreneli' on the Swiss 20 francs gold coin). I prefer it to the other modern versions of Britannia, though they may be rarer.  So, today I phoned him up to congratulate him on his achievement. (He has a small website with his other designs on display, all excellent in their different ways as it seems to me.) I think he was pleased, if a little surprised. He was very modest and said it was all a long time ago, which is true enough i.e. 1987 for the first actual coin. I asked if he had used a model for the figure, but he said that it was entirely his own imagining. I would guess from his voice that, like me, he is the wrong side of 70. We did not talk for long, especially as I had managed  to mistime my call for what was probably his lunch break. Talking to him in person adds a dimension to my necessarily very modest collection of the one ounce gold Britannias. Incidentally, I prefer the pre-2021 coins (especially the ones after 2015 with the new royal head) as I feel that the new security feature of a lock/trident fork detracts from the overall aesthetic appeal and may even be something of a gimmick since I have never heard of fake gold Britannias.

Well done for calling Mr N and expressing your admiration of his design. I bet he really appreciated it 😊

I agree with everything else, apart from... ...I have 1oz gold Britannias from 1987, 2007, 2013, 2019, 2020, 2021 and 2022, and while they're all beautiful in their own way, I have to say that the new '21 and '22 coins are simply stunning in the hand. The best ever 😊

4 hours ago, DarkChameleon said:

I suppose this is the ultimate round, I have 7 of them

 

Beautiful works of art.

6 hours ago, SilverStorm said:

👆what he said 😆

what he said (twice) 

Can I cheat a bit? I don't have a most beautiful round, but the most beautiful silver coin I have is the 1oz and 10oz 2009 Kookaburra:

(my phone camera's cr*p so pic is courtesy of Atkinsonsbullion.com)

1 hour ago, GBStacking said:

I'm still buying, albeit slower than before. I think when you get to the average joe bullion stacker, buying naturally self limits. At the end of the day, it costs me more £ per ounce and i only have a certain number of £ free, therefore i can buy less gold. As @dicker said earlier, cost averaging is my friend too 😄 I am trying as best i can to dodge the particularly big spikes, but i think that the days of £1000 an ounce may be well and truly behind us.
Silver i am now only buying either for gifts (as with a handful of Kookaburra's earlier this week). Or if there is something particularly pretty that i want to buy more just to look at than for any chance of a gain.

This is pretty much my strategy too, especially with regard to silver purchases.

It's wonderful giving someone who's never held PM's before a gift of a silver coin, and seeing their reaction as they behold it's beauty and weight in their hands. Treasure indeed!

ELIZABETH II DEI GRATIA REGINA FIDEI DEFENSATRIX

Translated from Latin: Elizabeth the Second, by the Grace of God, Queen, Defender of the Faith.

https://onlinecoin.club/Info/Legends/2b561228-b8f9-11e5-bfa7-00163e09c6a7/

1 hour ago, CollectorNo1 said:

I would say after reading all the comments on this thread...BUY GOLD,Period....if you are in it for the long time you won't lose unless their is a world wide economic collapse in fiat or a Meteorite crashes into our planet and if that happens none of us will be here so know point in worrying...😏 Gold and Silver will always be on a rollercoaster of ups and downs controlled by the fed and interest rates,inflation and comments by distinguished financiers as its always been...I will keep buying Gold even if the price continues to rise,obviously we all want to buy on the dip..but for us are in it for the next 5/10/15 years and not day traders or flippers on precious metals I truly believe we will be the ones that benefit on buying as much Gold that we can afford now...and keeping it long term...And of those who do that will see the results in years to come......I don't have to tell you this as you all know ......we are not into buying PM's as a get rich scheme..we are buying and collecting/stacking for our future and our children's future..

Regards..

This is coming, by design, and is the very best reason to buy and hold physical gold.

An article from 2012:

https://www.conspiracy-cafe.com/apps/blog/show/12947425-hyperbolic-debt-hyperbolic-gold-it-is-upon-us

And another from 2007:

http://www.321gold.com/editorials/casey/casey031207.html

1 hour ago, Centauri167 said:

Is this the Top, no, I'm sure it can/ will go higher but I'm also pretty sure that after the Fed increases the intrest rates the price will be much lower than today.

Central Banks can't even suggest they may raise interests rates; that alone would send stock markets, hooked on easy credit, into a tailspin. The debt cannotbe repaid: default or devaluation. They're going for devaluation.

8 hours ago, Floyd1504 said:

I think inflation is going to get a whole lot worse guys, we've only seen the start of this.

I can see gold soaring to highest levels again.

Agreed.

17 hours ago, Smiler999 said:

Like the title says, are you still intending to add to your stack now its touching 1400/oz, or are you holding back?

I myself was intending to get a 2022 sov and ¼ gold Brit, so I dunno what to do lol

 

As soon as I get spare cash I'll be buying more metals, probably gold, not so much silver these days. My timing is cr*p, so I just by when I have spare funds.

I first started buying at £300/oz, recently bought at £1295/oz. It's gut wrenching when you make a purchase then watch the price drop, but if you're comfortable with the long-term fundamentals driving the gold price then you just ride the dips out.

On 31/10/2021 at 20:00, Mtaybar said:

I'm off to the states soon and was wondering if anyone is able to clarify if any import charges apply if I were to bring a couple of tubes of eagles back with me. I'm thinking while I'm there I can take advantage of picking up a tube or two of type 1 & 2. Has anyone done this before and is it luck of the draw if I'm stopped with them or not?

If the total current market value of your coins is under $10K then I don't think you have to declare anything when passing through US customs. Just have receipts that prove you are the owner.

Similar when flying in to the UK: under £10K so no need to declare anything, just receipts to hand in case you're asked.

Edit: the silver eagles are currency and therefore fall under "cash declaration" rules, which start at 10K.

13 minutes ago, Agaumac said:

Yeah, I got mugged by RM too. Do you know if they are still taking them back? I’ve got enough for a good few sovs. There was also a half hour slot on Jezza Vine yesterday discussing this and may be on iplayer.

I was lucky to get refunded by the RM in March 2016, around the height of the bad press, don't know if they're still offering buy-backs. I had around £1.5K's worth, so a not-inconsiderable sum 

16 hours ago, Pete said:

Some of us were caught out by our Royal Mint to purchase silver £20 and higher denomination coins initially sold and publicised as legal tender etc.
Seemed a decent enough offer - buy a pure silver £20 denomination face value coin for £20 cash and free shipping included.
These coins were supplied on a postcard but fairly soon after their release the RM backtracked and wrote to banks etc stating that they should not be exchanged for normal money and all shops didn't have to accept them either. They changed their blurb to "commemorative" coins and although they were still "legal tender" they could only ever be exchanged in a court to pay a debt or fine.

I came across this article today where a holder of the £100 coin attempted to pay Tesco for fuel and ended up winning £5,000 compensation etc.

https://www.dailymail.co.uk/news/article-10133751/Man-arrested-using-100-coin-pay-fuel-awarded-5-000-damages-police.html

The compensation was from the police who apparently ( what I read elsewhere ) handled this very poorly and had nothing to do with Tesco.
From what I gather, these coins, despite their legal tender status, cannot be used to pay for goods in shops, so if accepted in some supermarkets etc. then that's very lucky but I am not testing my local shops.

 

I bought a few of the £50 face value silver coins from RM, thinking they were a bargain as I was exchanging £50 of legal tender paper currency for £50 of legal tender fine silver coinage, so a no-brainer!

They got quite a bit of negative press (misleading the public etc) and in the end I sent them all back and they refunded me 

<embarrassed>lesson learned</embarrassed>

On 11/10/2021 at 16:03, AR03 said:

Hi,

Just wanted to know how much Royal mint charges premium on their good bullion coins/bars?

Thank you

On 11/10/2021 at 16:48, AppleZippoandMetronome said:

For gold its easy - just subtract the spot price from the total price showing minus anything like shipping.

As AZ&M said it's fairly easy to calculate the premiums, especially for 1 oz bullion:

%Premium for a 1 ounce coin/bar is:  ( (advertised price - spot price) * 100 ) / advertised price

Premiums on the RM website are usually higher than main dealers... ...however it's still worth looking there before you buy; sometimes discontinued items still in stock are considerably cheaper. For example in June 2020 the 2017 Queens Beasts 1oz gold dragon was around £1700'ish on main dealer websites but £1500'ish on the RM site.

On 21/10/2021 at 13:47, modofantasma said:

As pointed out above there is perhaps a little less spread if you do all the work selling and posting individually or in lots on the forum then shopping and buying sovs instead. It depends if you've got the spare time and if that's worth it. Personally I'd just keep the maples and pick sovs up in future purchases. Either way you've got some gold you're doing OK 👍🏽

Agreed, I'd also keep the maples and buy sovs in the future. Maples, especially fractional ones in great condition, will always command a premium.

On 24/10/2021 at 07:42, TommyTwoShots said:

Hi all,

anyone know the best way to pick up a tube of 25 sovereigns? I’m assuming from a dealer? Can you get older sovereigns by the tube? Many thanks

I've bought from Atkinsons, Bairds and Chards in the past. At the moment I find Atkinsons prices the most competitive, plus their free insured next day delivery doesn't hurt.

18 hours ago, Johny said:

 

On 14/10/2021 at 13:37, silversky said:

 

7 hours ago, Melon said:

Thanks everyone for the good guidance. I think I know my path forward now, which is probably either keep them or sell them in batches on the forum. 

Mind letting me know which one worked out for you? (or I can message you direct if preferred - cheers) 

I've PM'd you.

On 10/10/2021 at 17:42, Johny said:

 

On 10/10/2021 at 21:23, greektony said:

I'm looking to buy some gold (only gold, no silver 😪) from goldsilver.be perhaps in the next day or 2. Does anyone have any experience post Brexit buying just gold from the EU? I have purchased from them several times pre Brexit, but should I expect there to be delays due to having to argue over VAT not being applicable with the courier or any other issues?

Gold in the UK (and especially fractional gold) appears to be a little thin on the ground at the moment hence me needing to go back to trusted sources.

I bought a fair quantity of silver and gold pre-Brexit from Coininvest and Silver-to-go, the same company based in Frankfurt. At that time no issues with import duty or VAT. They're really helpful, I think they have a lot of UK-based customers so may be worth your while having a conversation with them re. hassle-free ways of buying gold coins from the EU.

The fact is there is no VAT payable on investment gold from the EU and no duty on legal tender coins, so there shouldn't be any issues having them posted to you. Having said that there are some nightmare stories on this forum. 

if flying wasn't such a pain these days you could have flown over and got them yourself.