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LawrenceChard

Business - Platinum
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LawrenceChard last won the day on January 5

LawrenceChard had the most liked content!

About LawrenceChard

Profile Information

  • Gender
    Male
  • Location
    Blackpool, United Kingdom

My Precious Metals

  • Metals I am interested in
    Silver
    Gold
    Platinum
  • I am interested in
    Bullion
    Collectible bullion & Semi Numismatics
    Numismatics (Proof coins)
    High Premium Numismatics & Collectibles (Premium Proof and premium collectible coins)

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LawrenceChard's Achievements

  1. It does sound like you hit the £10 in a rolling 12 month period. It should not have been totally unexpected, most dealers have T&C pages, and others explaining why they require ID, and what happens to your data. Please don't take out your anger and frustration at the dealer, he is legally required to comply. At least one other has already explained this. I don't know of any dealer who actually wants or enjoys the extra bureaucracy. Regarding Executive Order 6102 of April 5, 1933, little if any gold was confiscated. Any talk of confiscation is propaganda and sales hype churned out mainly by US dealers, to sucker gullible buyers into "historic" coins instead of bullion, often at rip-off prices. This might be useful reading: https://www.chards.co.uk/blog/confiscation-of-gold-bullion/778 I hope some of this helps. 🙂
  2. We @ChardsCoinandBullionDealer do take payments immediately, but if you spoke to one of our Customer Service Team, we may have been able to help you, although we don't normally take part payments, except on some pre-order items. We do try to be helpful. 🙂
  3. Who knows? The most likely explanation is that the buyer/bidder failed to pay, but it is possible the seller cancelled the sale for some reason. Also the last item was for a job lot "collection" of 163 coins, which works out at under £1 each. Some other TSF members might have possible explanations or theories.
  4. The answer to your question "Who is buying these coins", is probably "nobody". According to Wikipedia: "Reach plc (known as Trinity Mirror between 1999 and 2018) is a British newspaper, magazine and digital publisher. It is one of Britain's biggest newspaper groups, publishing 240 regional papers in addition to the national Daily Mirror, Sunday Mirror, The Sunday People, Daily Express, Sunday Express, Daily Star, Daily Star Sunday as well as the Scottish Daily Record and Sunday Mail and the magazine OK!. Since purchasing Local World, it has gained 83 print publications. Reach plc's headquarters are at Canary Wharf in London. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index." I am highly sceptical of most media claims about coins selling for ridiculously high prices on ebay. In most cases that I have delved into, the item concerned: Cannot be found on ebay Is merely listed for sale, but not sold. Is listed for sale, with one or more bids, but not sold. Is showing as "sold", but without any feedback supporting its status. My conclusion from these cases is that few if any people are actually so stupid as to pay the incredible prices cited. I guess most other TSF members will think along similar lines. So why do these stories persist? It is almost certainly in ebay's interest to promote, encourage, or at least not to discourage them. It encourages "me too" behaviour, indeed there is already evidence for this in this thread @coinory appears to have listed his own coin on ebay. Most "me too" listers probably think "well it's only a few pence / pounds to try it", but repeated millions of times worldwide, this must add significanly to ebay's profits. Newspapers love to run these "clickbait" stories, partly because it's the sort of story their gullible readers like to read, so why disappoint them? The stories are not easy to disprove or expose. It is never easy to prove a negative. I would be more inclined to believe the "Freddie Starr Ate My Hamster" story. It is quite easy to set up fake accounts on ebay, and "shill" bid on your own or a friend's items. Reasons for this may vary. In the case of Reach PLC, with about 240 publications, they can run a similar story in a different publication, with different journalists / editors names, every day of the week, with minimal actual journalistic input or effort. It hardly matters whether there is any truth or real merit in the story, and there are few people likely to challenge the accuracy or honesty or the "reporting". I speak with some experience, as I waded through much of their garbage in the copyright abuse case mentioned here: Where some of @ChardsCoinandBullionDealer's high quality, copyright photos were recycled in connection with multiple different "news" stories about valuable coins in your change. Many of the "facts" included in Reach PLC's reports include quotes by ChangeChecker (for example "ChangeChecker expert Alexandra Siddons previously told The Mirror..." Changechecker.org and associated Apps are copyright of 288 Group Ltd. Change Checker and the Change Checker logo are Registered Trademarks in the UK of 288 Group Ltd. Privacy Policy. The Westminster Collection, a trading division of 288 Group Ltd. 288 Group Ltd Registered in England 2000413. Reg Office: Russell House, Oxford Road, Bournemouth BH8 8EX. It's my guess that the publicity gained from providing such "expert" quotes to media hacks is good for business at ChangeChecker, Westminster Collection, and 288 Group, and probably helps to massage their sales. Some more cynical people than me might think that they are part of a conspiracy theory to promote such "get rich quick" stories. While I have no evidence of this, I do wonder how expert some of their "experts" really are. While mentioning Westminster, I should probably mention that they also used Chard copyright photos on at least one occasion. We took legal action against them, the results of which are published here: https://www.goldcopyright.co.uk/legal-cases/westminster-collections/ I took the time and trouble to search ebay "sold" listings, and could find no trace of a Brexit 50 pence haviing been sold on the 23rd of January 2022, although I notice that the article does not state which year it was referring to "One coin sold for £650 on January 23, and other ambitious sellers are asking for as much as £865 for theirs...". The highest price is could find in my search was for a gold proof version which does appear to have actually sold for "Winning bid: £2,051.66". A "RARE BREXIT Commemorative Collectors Fifty Pence Coin Souvenir Worth £21,000" "sold" for £1600, but the lack of feedback leads me to conclude that this was untrue and false. One "sold" for £200, but again the lack of feedback leads me to conclude that this was untrue and false. Another reported sale at £50 was described as "CHEAPEST 50p COINS FIFTY PENCE KEW GARDENS BEATRIX POTTER OLYMPICS BREXIT", so can probably be ignored. Yet another "2020 Britain Brexit 50p fifty pence .925 Silver proof coin 8g Lot 32" sold for £35.01, but it was a silver proof. None of the other 32 "sold" listings were at a high price, and were not worth mentioning here. My conclusion from checking ebay is that there was no such actual sale, and that the media report was inaccurate, misleading, unfounded, inadequately checked, unprofessional, and possibly dishonest. The 9 ebay listings shown in the screenshot appear to have been "current" listings, in progress as opposed to "sold" listings. These could easily have been spoofed by anyone making a bid (5 items had 1 bid showing), which could then have been retracted without any penalty or difficulty. They can probably all safely be ignored as any evidence supporting the "sold" claim. @dicker makes an excellent point about money laundering, which I had not considered. There is an old saying "Don't believe everything you read in the papers", which probably needs updating to "Don't believe anything you read in the papers", or see on ebay. 😎
  5. I have almost finished writing one, does that count? 😎
  6. I doubt you would get an answer, at least not a totally satisfactory or convincing one.
  7. (a) No, Ian was going to try to agree a public statement with the provider that we could publish on site. (b) Bob on! 😎
  8. We will double check our comparisons, but they are done electronically, and as near to synchronously as possible, whereas most manual comparisons are done sequentially, and are therefore not synchronous. Because of this, I would tend to have more confidence in our comparisons than any manual ones, including yours. We also state the date ours were done, if not the time (although that is a refinement I will suggest). You are still avoiding my point about site / systems security. 😎
  9. I am sure it does, and it will probably become more prolific. Anyone want to buy a 2 kilo gold Gothic Quartered Arms? 😎
  10. Thank you for naming the other dealer. What we have noticed over several years is that he / they appear to check the prices of leading dealers including Chards, then knock 50 pence off the single coin price so they appear to be cheaper to those who only use the price comparison sites which only or mainly record the single coin prices. More serious investors usually look deeper. Also you have selected one product, I guess you are an Atkinsons fan. Look at a product with more investment volume, such as 2022 gold Britannias, and the picture is different: Price Comparison Against Other UK Bullion Dealers - Updated at 25-Jan-2022 06:02 Qty Chards (Excl Delivery) Chards (Inc Delivery) B* G* AB BB RM SP UKB GER 1 £1,422.22 £1,428.22 £1,471.00 £1,472.00 £1,438.90 £1,431.74 £1,478.74 £1,436.00 £1,470.07 £1,435.10 5 £1,421.53 £1,423.53 £1,468.00 £1,464.00 £1,435.50 £1,425.74 £1,470.90 £1,433.12 £1,466.39 £1,432.10 10 £1,420.17 £1,421.67 £1,465.00 £1,461.00 £1,432.70 £1,423.74 £1,467.93 £1,430.97 £1,464.19 £1,430.10 20 £1,418.12 £1,419.32 £1,462.00 £1,457.00 £1,432.00 £1,423.74 £1,465.22 £1,426.66 £1,461.98 £1,428.10 50 £1,416.75 £1,417.91 £1,459.00 £1,454.00 £1,430.00 £1,420.74 £1,462.73 £1,424.51 £1,456.84 £1,425.10 100 £1,415.38 £1,416.59 £1,457.00 £1,453.00 £1,427.30 £1,419.74 £1,455.42 £1,423.07 £1,453.16 £1,423.10 200 £1,413.33 £1,414.40 £1,457.00 £1,453.00 £1,427.30 £1,419.74 £1,455.42 £1,423.07 £1,453.16 £1,423.10 amd your mate is not even in second place. Anyone thought or asked how secure your personal data is on their systems?, or are you not worried about that until something untoward happens?
  11. We just photographed some of the 2022 bullion sovereigns today: They look pretty good for a bullion issue.
  12. Ah, I realise now that you were showing screenshots of two different websites, side by side, but without any explanation or captions. It would have helped if you had added some futher information to make it idiot-prood, such as "my mates website" on the left, and Chards website on the right, together with a summary of the differences. If you told us who the other site was instead of leaving it as a guessing game, I, or anyone coulf check for themselves. I also guess that for all others quantities, we were cheaper. It also looke like we were cheaper if you collected rather than opted for delivery. It is also difficult to know whether the unnamed dealer allows collection, or whether they are just a mail order operation. I wonder how secure your personal data is on their site? 😎
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