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Business - Platinum
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Everything posted by LawrenceChard

  1. You possibly both know I have paused active posting for the time being. But as you mentioned me and tagged me in, I feel duty bound to respond: I will tag @ChardsCoinandBullionDealer in to this. I presume Silver Trader does not source diect from the RM?
  2. You possibly both know I have paused active posting for the time being. But as you mentioned me and tagged me in, I feel duty bound to respond: @ChardsCoinandBullionDealer recently had a meeting at the Royal Mint, in which numerous topics were discussed. It is too early for me to have received a debrief, but Quality Control was on the agenda, and was discussed. I was not aware SS had a QC problem last time, or I have forgotten, but we might use this as an example of feedback and problems we get. As we are now dealing direct with the RM for both bullion and commemorative coins, it should be easier for us to ensure replacements where there is a QC problem. I will know more in a while, and even more in a year's time, after we have experience a full year's "product" cycle. I hope this helps. I am being economical and cautious with my use of "reactions" and emojis, because they have been taken out of context on a few occassions recently.
  3. Which page was that? Link?
  4. Going Skiing and Taking a Break from Silver Forum 😎
  5. Yes, I also read it in today's Telegraph print edition, but prefer to quote the BBC as its factual reporting, grammar and syntax is usually better. In addition, the Telegraph online often blocks access unless you pay. I can usually get by in France, Germany, Italy, and even the USA, but Glaswegian usually defeats me, although we did until recently have a staff member from Northern Ireland, and I had problems understanding or even following what he was saying. The story is interesting in that it underlines that coins provide hard and persistent evidence for much of world history over the past 2000+ years. True numismatics! 😎
  6. Gold Coin Proves 'Fake' Roman Emperor was Real - Ancient News Until today, I had never heard of a Roman Emperor called Sponsian, so was surprised to read "news" about him. https://www.bbc.com/news/science-environment-63636641 The face of Sponsian the first, who was purged from history by experts in the nineteenth century. Researchers have now established that he was a lost Roman emperor. By Pallab Ghosh Science correspondent An ancient gold coin proves that a third century Roman emperor written out of history as a fictional character really did exist, scientists say. The coin bearing the name of Sponsian and his portrait was found more than 300 years ago in Transylvania, once a far-flung outpost of the Roman empire. Believed to be a fake, it had been locked away in a museum cupboard. Now scientists say scratch marks visible under a microscope prove that it was in circulation 2,000 years ago. Prof Paul Pearson University College London, who led the research, told BBC News that he was astonished by the discovery. "What we have found is an emperor. He was a figure thought to have been a fake and written off by the experts. "But we think he was real and that he had a role in history." The ruins of the Roman fort which was headquarters of the Roman military in Transylvania from where Sponsian ruled. The coin at the centre of the story was among a small hoard discovered in 1713. It was thought to have been a genuine Roman coin until the mid-19th century, when experts suspected that they might have been produced by forgers of the time, because of their crude design. The final blow came in 1863 when Henry Cohen, the leading coin expert of the time at the BibliothΓ¨que Nationale de France, considered the problem for his great catalogue of Roman coins. He said that they were not only 'modern' fakes, but poorly made and "ridiculously imagined". Other specialists agreed and to this day Sponsian has been dismissed in scholarly catalogues. But Prof Pearson suspected otherwise when he saw photographs of the coin while researching for a book about the history of the Roman empire. He could make out scratches on its surface that he thought might have been produced by the coin being in circulation. He contacted the Hunterian Museum at Glasgow University where the coin had been kept locked away in a cupboard along with three others from the original hoard, and asked if he could work with the researchers there. They examined all four coins under a powerful microscope and confirmed in the journal, PLOS 1, that there really were scratches, and the patterns were consistent with them being jingled around in purses. A chemical analysis also showed that the coins had been buried in soil for hundreds of years, according to Jesper Ericsson, who is the museum's curator of coins and worked with Prof Pearson on the project. Under a powerful microscope, researchers saw scratch marks caused by the coins being in circulation The researchers now have to answer the question, who was Sponsian? The researchers believe that he was a military commander who was forced to crown himself as emperor of the most distant and difficult to defend province of the Roman empire, called Dacia. Archaeological studies have established that Dacia was cut off from the rest of the Roman empire in around 260 AD. There was a pandemic, civil war and the empire was fragmenting. Surrounded by enemies and cut off from Rome, Sponsian likely assumed supreme command during a period of chaos and civil war, protecting the military and civilian population of Dacia until order was restored, and the province evacuated between 271 AD and 275 AD, according to Jesper Ericsson. "Our interpretation is that he was in charge to maintain control of the military and of the civilian population because they were surrounded and completely cut off," he said. "In order to create a functioning economy in the province they decided to mint their own coins." This theory would explain why the coins are unlike those from Rome. "They may not have known who the actual emperor was because there was civil war," says Prof Pearson. "But what they needed was a supreme military commander in the absence of real power from Rome. He took command at a period when command was needed." Once the researchers had established that the coins were authentic, and that they had discovered what they believed to be a lost Roman emperor, they alerted researchers at the Brukenthal Museum in Sibiu in Transylvania, which also has a Sponsian coin. It was part of the bequest of Baron Samuel von Brukenthal, the Habsburg Governor of Transylvania. The Baron was studying the coin at the time of his death and the story goes that the last thing he did was to write a note saying "genuine". The coin was locked away in a cupboard at the Hunterian Museum because it was thought to have been a fake The specialists at the Brukenthal museum had classified their coin as an historic fake, as had everyone else. But they changed their minds when they saw the UK research. The discovery is of particular interest for the history of Transylvania and Romania, according to the interim manager of the Brukenthal National Museum, Alexandru Constantin ChituΘ›Δƒ. "For the history of Transylvania and Romania in particular, but also for the history of Europe in general, if these results are accepted by the scientific community, they will mean the addition of another important historical figure in our history," he said. The coins are on display at the Hunterian Museum in Glasgow. I was thinking I need to undertake a trip to Transylvania, which left me wondering about the language barrier, now it seems like a rather more mundane trip to Glasgow, which may or may not make much difference to the language problem. 😎
  7. Worth reading: https://www.nme.com/news/gaming-news/game-grading-firm-wata-hit-with-lawsuit-for-manipulating-retro-market-3225137 There are also much other similar stuff, including about Heritage Auctions, and its owner. 😎
  8. No, otherwise he would mention the rim, as well as the disc! 😎
  9. Blood? You want blood? What's wrong with your pound of flesh? 😎
  10. You probably don't want to see what's in it! 😎
  11. Police to text 70,000 victims in UK's biggest anti-fraud operation I wondered why I received 12 texts this morning telling me someone was trying to steal the money out of my bank account, and to urgently contact NationalPoliceAntiFraudTeamUK. org.ru 😎
  12. No, I'll leave that to the footballers. Note the title of this Topic: Chards Mystery Box 😎
  13. Opinions wanted for our new "branded" Speedos: What do you all think? 😎
  14. Added my 2 cents: Although it looks like the Greeks call them "lepta" 😎
  15. Gold Coins Worth €1.6m Stolen in Nine-Minute Heist from German Museum According to BBC News: https://www.bbc.com/news/world-europe-63734933 The stolen gold coins were discovered near Manching in 1999, and are thought to date back the the first century BC. By Nayana Mena & Mattea Bubalo BBC News Thieves have stolen a hoard of Celtic gold coins worth about €1.6m (Β£1.4m) from a museum in Germany. Hundreds of coins were taken from the museum in Manching, Bavaria, in the middle of the night in a nine-minute raid, police said. The thieves may have sabotaged the museum's alarm system. Just before the break-in, nearby internet cables were cut causing widespread outages. Police are exploring whether the theft is linked to previous raids. The outages meant the alarm system was not triggered when a door was pried open, although it was able to record when the robbery happened. Employees discovered shattered glass on the museum floor and the coins missing from their display case the next morning. Rupert Gebhard, Head of Collections at the State Archaeological Collection, mourned the loss saying, "It feels like losing an old friend." A second display case was broken into, where three larger coins were also taken. Officials suspect organised crime to be behind the coin robbery, and police alluded to "possible parallels" with previous heists. In 2017, a hefty gold coin weighing 100kg was snatched from a Berlin museum. Two years later, thieves took 21 pieces of jewellery and other valuables in a dramatic diamond heist at Dresden's Green Vault museum that was caught on CCTV. However, police warned that they "cannot say" whether there are connections between the thefts. Three arrested over daring German diamond heist Giant gold coin trial opens in Berlin "It's clear that you don't just march into a museum and take its treasure," Markus Blume, Bavaria's Minister of science and arts, told local broadcaster BR. "It is highly secure, and it is reasonable to assume that we are dealing with a case of organised crime." Experts fear that the hoard of gold coins could be melted down, robbing them of their historical value. They were unearthed during a 1999 archaeological dig near Manching - considered to be biggest discovery of Celtic gold in the 20th century. According to minister Mr Blume, the find gave people a glimpse into the daily lives of people living in Bavaria over 2000 years ago. Anybody on TSF been to Germany recently? 😎
  16. I was told that Virginia tobacco was tobacco that had never been smoked! 😎
  17. "Hope they can deliver in reasonable timeframe..." If it looks like this, I am sure it will be worth waiting for: 😎
  18. You are the first today! 😎
  19. Sure, the difference is we don't promote new ones at high issue prices. Because we are (real) dealers, we buy coins, almost any coins. Then we need to sell them. Some of the TDC , and other stuff, is quite nice, but not well-loved. Depending on how we feel about the particular coins, we might offer them out at anything from bullion price upwards. You paid about 20% premium, which is a good price if you like them. It looks like you correctly picked up the inference in my wording! 😎
  20. A1: No A2: No VAT was introduced in the UK in 1973 😎
  21. About 20 years ago, we did buy 50 x one ounce platinum coins, at below spot. At that time, there were fewer UK bullion investors, stackers, or collectors. It took us longer than I wanted to sell them, and we were asking as little as about 1% over spot at the time. Bullion platinum spot was probably higher than gold at the time. 😎
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