LawrenceChard

There is no limit to the amount of gold you can buy, in any year / month / day / lifetime, apart from how much money you have. There is no cost to sign up to our e-mail newsletters. We, as all VAT registered dealers have to ensure we comply with various regulations, including anti-money laundering. Any of our Customer Service Team can help you with any enquiries, by phone or e-mail info@chards.co.uk I will tag @ChardsCoinandBullionDealer in to this. 😎

I have sex daily dyslexia! 😎

Most people can handle numbers, that's called arithmetic. It's when we get to symbols that most people get lost, that's called mathematics*. * Except in American, where it is called "Math"! 😎

We do have a small selection of fakes and replicas on display, believe it or not! 😎

If you are doing simple arithmetic, then often, it will not matter, but if you are working with very large or very small numbers it may be important. Whenever you approximate, or introduce any other errors, such as rounding errors, these errors will get bigger if you subsequently multiply, but if you divide, then the error will get smaller. This does assume that the numbers you are multiplying or dividing by are greater than 1. A simple example might be someone trying to calculate the value of gold in a 22ct coin or bar. Let's start with 1 troy ounce of 22ct gold: Divide 1 by 24 = 0.041666666666667, at least it does according to the spreadsheet I am using, which has rounded it to 15 decimal places, introducing a small error. If you then multiply by 22, you should get 0.916666666666667, but in fact you will get 0.916666666666674 if you work with the rounded (approximate) number. Both are incorrect, because the spreadsheet has rounded them, but the second result has had the error mulitplied by 22. It is even worse if and when people work with numbers which have been rounded to fewer decimal places, for example assuming that 22ct is .916 fine rather than .9166 recurring. Some of the above helps to differentiate between arithmetic and mathematics. 😎

Perhaps, but BODMAS places divison before multiplication, so BOMDAS would be better! 😎

And multiply before you divide. 😎

In fact, you should avoid buying "soveriegns" of any size. Sovereigns, yes. Soveriegns, no! It is probably also worth you reading this: https://www.chards.co.uk/blog/advice-guide-for-uk-bullion-investors/1041 If you find any errors, you stand to win a pint! 😎

For security reasons, it could make sense to post one side of the coin one day, then post the other side once you know the first side has arrived safely! 😎

You should seriously stop buy "half gold soveriegns". They should be 22ct, not 12ct! 😎

I look forward to our next visit to Vrsar, and buying our ice creams in euros! And it should reduce the queue to cross the border at Border police station Secovlje Mejni prehod Sečovlje (SLO) - Plovanija (HR), going from Portoroz into Croatia, and back. 😎

They insisted the were obliged to deliver to number 52, even though our postcode, for 521 Lytham Road, is 1.4 miles away. 😎

It is important to ensure the address was / is correct. Some years ago, while we were at 521 Lytham Road, Blackpool, postcode FY4 1RJ, people would occasionally address things to us incorrectly as "52 Lytham Road, Blackpool, postcode FY4 1RJ". Despite this postcode being unique to us, the Royal Mail would often deliver to number 52, and when we complained, they insisted they they were obliged to deliver to the actual address, despite clear evidence that the address was clearly wrong. This used to happen several times each year. If we were lucky, we got a call from someone at number 52, or were alerted by the sender, so could call and recover the item. One time, we were unlucky. Nobody at the address would own up to receiving a package containing (from memory) about 12 Krugerrands. A helpful Scotsman in a flat at the same property pointed us in the direction of the Asian take-away kebab shop on the ground floor. They all denied any knowledge, but we strongly suspect they had stolen and kept or sold the contents. I cannot now remember the full details, but I think the sender lost out. Good luck with your current case! 😎

Fakes Counterfeits and Replicas - Information Page - Old But Still Valid I recently looked at our original website, and happened to notice this old page: https://24carat.co.uk/frame.php?url=fakes1.html Although I probably created the page over 20 years ago, it is still relevant today, and may help some members understand some of the different types of non-genuine coins they may encounter, together with notes about production methods for forgeries. 😎

Pretty good! When I first saw it, I struggled to discover it's meaning, but I eventually found it, and noted it here: https://24carat.co.uk/frame.php?url=botswana.html There is also a village of the same name: https://en.wikipedia.org/wiki/Ipelegeng Although Wikipedia was no help when I created our old Botswana page. 😎

There's an idea! 😎

Investment Gold is exempt from Duty and VAT in the EU. It needs to be overpricedfro the dealer to absorb the ebay selling fees. As usual, ebay is not the best place to buy gold bullion. 😎

No, I would have been more vocal if it has been Malcolm Bord's "Gold Coin Exchange". Well done for your awareness. I only discovered his copyright abuse because a customer asked us to check a number of gold sovereign parcels he had bought there. There were some fakes, some substandard, and at least one or two foreign items, which I also reported on. He threatened to sue us for defamation, but failed to go ahead with his threat, for obvious reasons. 😎

I would pay £1 to put it in our Black Museum. That's about half the price of a new one on AliExpress. 😎

I do remember Philip Cohen, but I would never have remembered he was near Charing Cross Road, and my recollection was that he was an OK dealer. 😎

I noticed! Thanks and well done. It may amuse you that some years ago, we kept getting phone calls from a young woman asking how much we would pay for a Krugerrand (this was before silver ones). We quoted here a price, and discussed how to post it to us, plus lots of other details. This went for a few weeks, and upwards of a dozen phone calls. Then it arrived! It turned out to be a one tenth ounce gold Kruger in a ring, which she had never mentioned. We cushioned the bad news for her as well as we could, and we did buy it, along with the ring mount. Things like this help to explain why I try to be as exact and unambiguous as possible. Even then, there can still be a googly waiting to catch you out. 😎

I know I am being slightly pedantic here, but whenever I hear or read "Krugerrand" on its own, I think of a one ounce gold coin. I am aware you listed this under "Home Precious Metals Silver 2023 Krugerrand", but that does not show up until you click on the topic heading. When Krugerrands were introduced in 1967, there was only one metal (which was gold), and only one size / weight, which was one ounce. This remained the same until 1980, when the three smaller sizes were introduced, but "Krugerrand" still implies a one ounce gold coin. Sure, Rand Refineries and the South African Mint did introduce silver Krugerrands in 2017, but did you know there were people on ebay selling "Silver Krugerrands" well before that? This might be interesting: https://taxfreegold.co.uk/silverkrugerrand.html 😎

Somebody else was asking a similar question on TSF recently. 😎

The first coins came into being almost 2,500 years ago, and a substantial part of our historical knowledge is based on coins, including those from coin hoards (evidence of early coin collecting / stacking). Postage stamps only came into existence in 1840, and as far as I am aware, have never provided any sustantial contribution to our knowledge base. True numismatists are primarily interested in coins for many diverse reasons, and investment is not one of the main reasons. I suspect the same is true of philatelists. Those who primarily collect for investment value are missing out on much of the potential pleasure and enjoyment they could get from the knowledge they could acquire. As it happens, I believe that real numismatists often end up with better investments than those whose prime motivation was the investment potential, and who probably ended up learning little. The most extreme examples of this are the "armchair collectors", who only or mainly buy from what I call "Coin Marketing Companies", who mainly but not exclusively sell new issues, at what most TSF members would consider to be rip-off prices. These people hardly ever learn much about coins, countries, history, geography, or anything. Eventually, some of them learn, too late, that they overpaid. Sometimes it is their beneficiaries who realise this. Neither of these outcomes is good for the long-term image of collecting. I should add that similar applies to stamp "collecting". It is very frustrating, as a dealer that, day after day, we get this type of "collection" offered to us, and often have to deal with the disappointment and fallout from it. One annoying question we often get asked is "Why is your offer so little compared with the original cost?". The response I always want to give is "Why did you or the buyer pay so much for it in the first place without learning anything about coins or the market?" Before 1970. most UK coin collectors formed collections of mainly UK or other coins which had originally been issued for circulation. Since then, the UK market has changed, and most "collectors" accumulate new issues, commemoratives, and other made-for-collectors material. Even when they do buy "real" coins, they often want them "graded" (slabbed) or accompanied by a Certificate of Authenticity. In another 50 years, who knows? 😎

Is this the right room for an argument? 😎