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kimchi

Gold Premium Member
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Posts posted by kimchi

  1. 1 hour ago, theman73 said:

    The government know that a man without family have no desire to revolt having nothing to protect.

    The more rainbow crosses the merrier...

    £1867

     

    9 minutes ago, stackspot said:

    Interesting point   I hadn't heard that one before👍

    The man with no family who hasn't crossed the 'rainbow bridge' has absolutely nothing to lose...

  2. 1 hour ago, Roy said:

    Are these the fellas that allegedly set fire to £1,000,000?

    Hampstead Heath maybe 🤔

    The moors I think, but yes, 'weird' chaps!

    Note they didn't burn their gold or silver, 'just' worthless paper...almost prophetic...or just plain crazy?  🧐

  3. 2 hours ago, BullionBuyerUK said:

    How did you know that was the crystal meth and not ice cream? 👀

    Yes, looks like the 'sprinkles' we get at my local ice cream place 🤔

    Mind you, we always enjoy them and have a lot of fun after, even if things sometimes get a bit surreal!

     

  4. 15 minutes ago, MBTPSilver said:

    I'm not aware of any dealers that actively report transactions. We are legally required to verify customers under the VAT-free investment gold notice, section 7, records to be kept - https://www.gov.uk/guidance/gold-acquisitions-imports-investments-and-vat-notice-70121#sect7

    If HMRC/police come to a dealer with the proper data access request the dealer will then hand those details over, but no dealer should be going to HMRC etc at the end of each year and giving them a list of all the transactions etc. There are also AML and KYC bits that help protect the dealer and customers, but again don't require pro-active reporting.

    Isn't the time limit for keeping records six years?

  5. 5 hours ago, JamesH said:

    This is great to read. Surely, this is what it’s all about. Another generation discovering a grandparents collection and enjoying learning all about it. Hopefully doing well out of it as well but nice to read stories like this that aren’t just about accumulation of wealth 👍🏼

    Absolutely! A story like this is priceless (and unless desperate for funds may I suggest this inheritance is too?)!

    Someone joining up to properly catalogue and research their dear late grandfather's beautiful collection (giving it a second appreciative run through the family)?

    Brilliant!

     

  6. 1 hour ago, ant1882 said:

    Soup! Luxury! 

    In my day it was ramen noodles.

    It were gravel in my day, room temperature IF YOU WERE LUCKY. And that were after working a 27 hour shift per day down't mine, being dragged for miles by a dead horse over hill and dale (I am sorry for that btw Dale), being hung drawn and quartered, and that was before your ma disemboweled you so she could cook up some stew for the rest of the family.

    Luxury!

    £1922 odd.

  7. On 30/11/2018 at 21:18, Glorfindel said:

    It was actually supposed to be a store of wealth for 4-6 years and a hedge against the next  crash, so maybe not that long-term compared to most of you. Calling it an investment is wrong, I shouldn't have said that - I'm not sure gold actually qualifies as a proper investment. I'm just glad I got out of it before I lost even more.

    And @silenceissilver with respect, I do not take financial advice from a guy filming a video in his car. 

    Timeframe spot on so far too 😮 

  8. Good tips on gold here! Keep your eyes peeled for an opportunity, it really is a buyers market atm, from very trusted sellers too.

    The squeeze on gold premiums is true for a lot of silver too at the moment, plus some would argue price has not shown what it can do yet. It's certainly a sensible insurance imo at this price.  

    I watched a video today (OK it was the US where stacking is more popular) and a man was making his first PM investment and going for silver because gold is 'too expensive' - I expect we'll see much more of this (but on the private market, not from dealers with the VAT).

    It's also a cheap way to look at some different coins without having to worry about CGT so much (although if you go large of course go for British). Just two listings I've seen in the last day are Jackflash I think selling a nice mix of coins at £26 each, and @fehk2001 selling some really nice bars at £27 (not sure if any left). I was very tempted by both, and sure there are many other great listings, but for weight (rather than quality!) went for the newest Royal Mint Myths and Legends coins myself at just over £25 delivered. Can't go wrong imvho with any of these!

  9. 13 hours ago, fehk2001 said:

    ICQ era to Microsoft messenger era use these a lot , add my ICQ if you like the number is 99888333 😁

    I remember meeting nice Korean ladies on ICQ 😇

    I met one today in Halfords but (50/50 chance!) guessed she was Japanese, big mistake...

    Lovely bars, great price :)

  10. 4 hours ago, HonestMoneyGoldSilver said:

    Yep - stackers and personal buyers are not the driving force behind gold appreciation

    If gold was going up due to consumer demand then the premiums would rise to match. What's happening is gold is being pumped by central banks and money managers hoovering up the available physical for long-term storage. Like you said the ordinary consumer isn't willing to pay the same premiums on top of spot when gold price is high

    As well as other points mentioned, some folk with gold stored at dealers are cashing out to some degree (and the sum is very big, even for very big dealers). This isn't the dealers' routine business flow and if they can take profit now (or even get rid of this surplus) they will. Once there is a 'new normal' (that phrase rings a bell!) premiums will follow as soon as dealers can get away with them.

  11. A very welcome thread indeed @motorbikez thank you!

    We have many avid collectors of Kooks here, and some of us (like me) are trying to work out what is worth what (both for buying and selling).

    Looking forward very much to this thread and what we can share, and I expect @motorbikez has a lot of knowledge and experience with Kooks, this could (and should!) be a very valuable resource to us devoted Kook hobbyists :)

  12. 2 hours ago, motorbikez said:

    The problem with privy marked kookaburras is there are literally hundreds of them.10- 15 years ago there was an Australian data base which had them all listed with mintage figures but it has since disappeared into the ether.

    I think the panda privies (Chinese Expo) and lunar privies are pretty straightforward (not too complicated/not too many years released) and relatively easy to track and collect (?).

    The 2018 year of the dog privy is pretty cool and unique for me as it removes a major part of the original design (the moon).

    I have some of each panda/lunar (recent years) I'm keen to work out the value of and maybe sell some.

    26 minutes ago, Organics said:

    Might be best to start your own thread with that question, as it will probably be lost on a completed sale. Clearly there are collectors out there who appreciate the rarity of this coin. Hope you find the information you’re looking for 🙏

    Definitely, and would love to see such a thread!

  13. On 03/01/2024 at 13:48, 17RSB said:

    ...

    Also in regards to where to purchase I d suggest upgrading your membership to Silver and then you can use the Compare tab where all the dealers are and it shows best price for a variety of coins (if your going down the dealer route). Or you can purchase off the forum and get lower premiums too.

    ...

    For some reason I don't see Atkinsons on most of the 'compare' comparisons (?).

    This is the link I have saved. I'm sure it varies but I found them cheapest last year at around 1.6% premium on pre-owned 1ozs, which is very good from a major dealer (could find cheaper on here or other groups, but do your due diligence on the seller ofc).

    https://atkinsonsbullion.com/gold/gold-coins/1oz-gold-coins/pre-owned-2023-uk-queen-elizabeth-ii-britannia-1oz-gold-coin?pid=27445

    @Cubic with your intention of a regular purchase I would speak to a few before you buy too much, and make sure you have a super helpful account manager/contact in place :) 

  14. On 31/10/2023 at 23:00, Muncle said:

    The Prince George SOTD 2018 is a lovely coin in my opinion and definitely has proof like qualities. My favourite SOTD along with the 1st July 2017 SOTD. Please see photograph attached of a coin I received a few months ago via a dealer of a 2018 SOTD. 

    I unfortunately had to return this particular coin. From those I have handled there have been a few with production mark issues, some I could accept, for what really is strictly a BU coin, others too prominant. The scrape on the obverse above the letter R of GRA was the reason I rejected this coin, but if you look carefully there appears to be a mark on the coin before the D of DEI and also after the letter H in Elizabeth. What I have personally noted is that I have the exact same mark on another of these I own, but in a different position on the obverse.

    Production marks aside and with gold price increases I am regretting a bit not keeping this example.

    I think the 2023 coronation SOTD will also be a good investment punt in the future and the 2022 platinum jubilee SOTD.

    A large minority of the 2018s suffered from 'capsule failure in transit' when first released and arrived scratched, sadly. I returned a fair number of them before ending up with a couple of great examples that I was happy with. A rare coin in a decent grade forever I think, and back when SotD seemed to mean something (following the magnificent Pistrucci 2017, many folks missed this one - they were pretty off-radar at the time).

    On 01/11/2023 at 01:11, Sc391 said:

    @SiCole hey no cheek intended.  I just figured the folks in the UK have a better idea of the popularity of KC III than I might have in the US.  Politics seems to muck up each country in different ways.  I’m thinking of starting a KCIII sovereign run and figured I can’t get any closer to the ground floor than this.  Thanks for your input 

    Let's put it this way, he can't be much more unpopular in the US than he is here, and after all you did take Harry 🤣

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