LawrenceChard

2 hours ago, SilverPlatinum said:

Getting this screen today! Is anyone else getting it when accessing URL: https://www.royalmintbullion.com

This is even before I login!

Did they get hacked or something!

 

Did you type the URL correctly?

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2 hours ago, Jayjay said:

Just purchased this 1 penny and I can't find any mintage figures on it, where could I find them and other info? 

 

Thank you!

Why don't you tell us what you do know, which will make it easier and more interesting for other people to fill in the gaps for you and tell you what you don't know?

...

otherwise they risk wasting their time telling you what you already know but had not bothered mentioning!

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44 minutes ago, theman73 said:

Well

First, I'm not a proper dealer, I'm working 42 hours/week on my daily job, so I have no contact or relations on PM market.

I can't see any opportunities on buying and selling gold, just waiting for gold to go up...

Silver for me is different,  if you want to understand why, I invite you in two weeks time when I do my silver shopping, to come with me.

I guaranteed good food and a huge adrenaline rush.

 

I remain unconvinced, but...

for the nth time...

Have you ever bothered to read this:

https://www.chards.co.uk/guides/advice-guide-for-uk-bullion-investors/1041

Or am I wasting my time asking?

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1 hour ago, dikefalos said:

According to my mother in law, around 3,000 BC, the Egyptian king Menes, who lovingly called her auntie, stipulated that the value of gold should be two and a half times the value of silver. Approximately 1,000 years later, the value of one ounce of gold was already around 15 ounces of silver. 

I can't find a dissertation on this topic at the moment. But I'm pretty sure you know the gs ratio of the last 5,000 years too well and just wanted to know if I was asleep on the trip to the egyptian museum. 

It took me many years, pre-internet, to find historic gold silver ratios.

I eventually found a good source in a book "A History of Money":

https://24carat.co.uk/frame.php?url=bookreviewhistoryofmoney.html

The earliest mentions I can find relate to ancient Greek and Roman times, not Egyptian, which was probably before most written history.

It was also before my time.

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42 minutes ago, paulmerton said:

I thought I smelt a whiff of a crappie pun 🤣

Nothing so squalid

https://en.wikipedia.org/wiki/Squalidae#:~:text=Squalidae%2C more commonly known as,119 species across 7 families.

... or perhaps squalid"

The local fish shop is https://the-fish-plaice-cleveleys.business.site/?utm_source=gmb&utm_medium=referral

The Fish Plaice Cleveleys

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54 minutes ago, Fenlander1 said:

You could always buy silver lego blocks😃

Yes, but "investment gold" ones would be even better as they would be VAT exempt!

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53 minutes ago, theman73 said:

I'm still fixed on my understanding

We need more silver than gold, silver is useful in our life, gold not so much.

I think you are contradicting yourself

"I just give up trying to understand"

I was trying to help you by pointing out that I still don't understand (many things).

I also like silver, and think it is "too cheap" G:S 85+:1.

But before I get round to silver, how about an answer to my question:

... but did you ever read this:

https://www.chards.co.uk/guides/advice-guide-for-uk-bullion-investors/1041

And if not, why not?

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4 hours ago, theman73 said:

I just give up trying to understand

how the silver market is working.

I'm a flipper, I make some money buying and selling silver but ffs I'm more confused like 1 year ago when I start this journey.

When silver is up nobody buying, when gold is up everybody buy it (now probably count their lose for the last two weeks)

It's simply make no sense how the PM are the same price like a few months ago or years with such inflation, how the price of PM's are going down when everybody know is a huge demand.

The waiting time to get your PM from the dealers is higher than never but somehow the PM price is going down.

What's going on?

I know the paper trading is manipulating the price of silver but gold is much bigger market is simply not so easy for them to push the gold price down but still...

I will do more research for some cold beers in my fridge...

Just to be clear, for me this up and down and Brexit is a blessing, but I don't understand how is possible.

Don't give up yet.

1 year is a very tight time span.

Give it another 50 years at least before you give up.

Back in 1999, I wondered why journalists in the financial media, or the money sections of major newspapers were so negative about gold.

I remember one saying "Gold has lost it's glitter" or something to that effect, before continuing that gold prices had gone down for the past 25 years.

At this point, I needed to check some hghs and lows:

https://taxfreegold.co.uk/highestevergoldpriceinsterling.html

So the hack wrong about 25 years, because the all time high was £371.066 on 21st January 1980

I double-checked using our graph on this page:

https://www.chards.co.uk/gold-price/gold-price-histor, having selected "All Time"

Lowest "recent" (1999) gold price:

https://taxfreegold.co.uk/lowestgoldprice.html

Lowest Sterling Fix
The lowest recent gold price in pounds sterling based on the London Gold Fix was £157.033 on the a.m. fix of 10th September 1999, which was equivalent to $256.20 USD.

At the time, I was almost shouting at the newpapers, wondering how they could be so blind to one simple fact. The best time to buy or invest is at the bottom of the market, when everybody is guilty of "group thinking", in this case, that gold was a bad investment.

https://taxfreegold.co.uk/1999newsheadlinesaboutgold.html

It would be worth reading all 4 on the linked press comments, including:

https://taxfreegold.co.uk/britainplanstosell58percentofitsbullion.html

Sure, all the above is about gold, not silver, but did you ever read this:

https://www.chards.co.uk/guides/advice-guide-for-uk-bullion-investors/1041

And if not, why not?

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5 hours ago, dikefalos said:

I don't understand it either. Every time I buy silver, I motivate myself with the ancient Egyptians' gold/silver ratio of 1:3. All good things eventually come back.🤞

52 minutes ago, LawrenceChard said:

Do you mean 1:3 or do you mean 3:1?

That is G:S in both cases, comparing like for like!

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16 minutes ago, dikefalos said:

I'm more the realistic type of silver stacker, so gold1/silver3.🤣

To be honest, however you feel comfortable for an exchange in blackpool. I would also bring my silver to the UK in my luggage by myself. VAT on me. 🤣

It is still not clear whether you meant that the ancient Egyptians valued silver at 3 times the price of gold, which is what 1:3 implies, or whether they valued gold at only 3 times the price of silver.

Whichever you meant, it would be usefull if you provided a link to an appropriate, reliable, and accurate source of your evidence.

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4 hours ago, dikefalos said:

I don't understand it either. Every time I buy silver, I motivate myself with the ancient Egyptians' gold/silver ratio of 1:3. All good things eventually come back.🤞

 

Do you mean 1:3 or do you mean 3:1?

That is G:S in both cases, comparing like for like!

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4 hours ago, gav999 said:

gold sovereign or britannia

Hi all I was wondering what is everyone's opinion or what do you collect  ?

I am not sure if I should start collecting full sovereigns or 1oz britannias.

I am looking to hold on to them for a long time and then see how the market is then.

Thank you 

I suggest you start by reading this:

https://www.chards.co.uk/guides/advice-guide-for-uk-bullion-investors/1041

Including:

"You should aim to buy at the lowest percentage premium within reason. It is important to compare percentage premiums, not prices to ensure you are getting the best deal.  "

The lowest premium I can see on "Investment Gold" is currently here:

https://www.chards.co.uk/1kg-gold-bars/gold-bullion-bar/one-kilogram/559

Other TSF members have already mentioned ease of selling, which may not be easy peer-to-peer on kilo bars, but:

Premiums on 2023 King Charles III Britannia 1 oz Gold Bullion Coin:

https://www.chards.co.uk/2023-king-charles-iii-gold-britannia-bullion-one-ounce-coin/17625

From 3.1% to 3.55%

2022 Memorial Gold Bullion Sovereign

https://www.chards.co.uk/2022-gold-bullion-sovereign-elizabeth-ii-memorial-coin/18111

From 6.9% to 6.55%

Does this help to answer your question?

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14 hours ago, Foster88 said:

No spoilers guys.

I’m only on episode 1 now. 😬

Did you watch it @LawrenceChard I wonder if you spotted any more mistakes?

I started watching it.

The LGD bars are indeed laughable. I am still trying to get confirmation that the JM bars in Brinks Mat were one kilo, not LGD, but I am 99.99% sure at the moment.

The way one of them handled one at about 25 mins was laughable, but at 27.50 mins, I reckoned @BackyardBullion managed to get a free advertising slot!

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We were doing one of our regular security reviews recently, and concluded we should change the combination on our main gold strongroom:

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On 04/02/2023 at 14:12, Foster88 said:

One of the main actors was on The Graham Norton Show last night promoting the series and he said ...

... Interestingly, he also said that apparently any new gold minted since 1983 is likely to contain some of the stolen gold from the robbery. I’m not sure how true that is.

If he did say that, he was wrong:

"According to the BBC, some have claimed that anyone wearing gold jewellery bought in the UK after 1983 is probably wearing Brink's-Mat."

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On 12/02/2023 at 21:37, Sc391 said:

Yes that’s correct, the Queens Reign series.  I bought them because they were a bit unique with signature and all.  Now I see individual coins for sale, but no complete sets.  I figured the set might be of interest some day.

Sorry, but I can't let "bit unique" go without comment:

"Nothing is very unique. It’s either one of a kind or it isn’t."

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13 hours ago, SiCole said:

Has anyone seen any availability to purchase these from UK sites yet? I really can't be bothered to argue with customs about import VAT being wrongly applied if i buy from abroad.

 

I will check!

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12 hours ago, AGUY said:

Hi everyone….I’m a newbie….I collect/stack, and I’m from England,good health &  wealth to all.  AGUY👍

From your username, I guess that you are mainly interested in silver...

but do you also collect / stack Uranium and Yttrium?

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9 hours ago, Simonz said:

A quick mockup...

Impressive!

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11 hours ago, Midasfrog said:

Cheaper than Chub safe 😁

Our excellent local fish shop manages to keep his chub safe:

Squalius cephalus is a European species of freshwater fish in the carp family Cyprinidae. It frequents both slow and moderate rivers, as well as canals and still waters of various kinds. This species is referred to as the common chub, European chub, or simply chub.

This might be appropriate for goldfish:

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12 hours ago, Foster88 said:

 

No spoilers guys.

I’m only on episode 1 now. 😬

Did you watch it @LawrenceChard I wonder if you spotted any more mistakes?

No, I have not watched it yet. I ended up watching a 20 year old film about it.

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11 minutes ago, pricha said:

I'm getting paranoid now 😫 

Basically, my advice is relax, there is nothing to worry about, but don't tell everyone you are thinking of storing 1,000 gold sovereigns in your attic, although this advice may have come rather late, as over 19,000 TSF members may have already seen tis discussion.

A cellar, or under the floorboards would be safer in case of fire, and damp is unlikely to cause any problems with you sovereigns.

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15 minutes ago, James32 said:

Wasn't planning on a fire, but moisture control for piece of mind.

Some water would be handy to stop them melting in a fire.

Douro sovereigns didn't come to too much harm.

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1 hour ago, James32 said:

Get a waterproof and fireproof case/safe/documents bag....Place in capsules and inside that and all should be fine.

Whilst I don't recommend putting an ad in the newspaper, someone trusted should be told incase of "circumstances "

It it got so hot that a fireproof safe was needed, the capsules would probably either set fire, or melt all over the coins!

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2 hours ago, pricha said:

The attic can get ridiculous hot in the summer during a nice spell . Is it a good idea to put some gold sovereigns up there in extreme heat ?  Unlike silver which I suspect would tarnish very quickly I don't think it would affect gold much.  I'd be worried the rats might run off with them but what about heat ? 🤔  would it discolour coins ?

I very much doubt if it would get so hot that any harm would come to gold sovereigns. What did you say your address was?

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7 hours ago, Jvc2858 said:

Hi everyone

Just wanted a second opinion on this 1892 Victorian sovereign, does it look ok? It the only jubilee head sov I have so I don't have anymore comparison. 

Many thanks

J

27 minutes ago, James32 said:

I'm the last to offer photography advice, but Try photographing on a black or grey background. 

But take the coin out of the capsule first.

And maybe try cropping the photos before you upload them.

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