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kimchi

Gold Premium Member
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Reputation Activity

  1. Like
    kimchi got a reaction from dicker in New RM James Bond Issue. Underwhelming   
    I think the first three in proof were quite lovely and not that high a mintage?
    Who would buy this? Dreadful.
  2. Like
    kimchi got a reaction from HonestMoneyGoldSilver in Gold Monitoring Thread £ GBP only   
    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.
  3. Super Like
    kimchi got a reaction from Aldebaran in Gold Monitoring Thread £ GBP only   
    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.
  4. Like
    kimchi reacted to dicker in Gold Britannias - 1oz Wanted   
    I am seeking x3 QE2 Britannias next week - years 21,22,23, and a further 3 the week after. QE2 Nuggets / Roos possibly considered.
    So Brits with Security features and QE2.
    PM if you are are selling next week and the week after.
    Best
    Dicker
     
  5. Thanks
    kimchi reacted to BackyardBullion in Investigation into Historic Coin Pricing by The Royal Mint   
    Statement from The Royal Mint in regards the Silent Auction Situation
    Starts
    “We have received feedback on an email sent to bidders of The Royal Mint’s silent auction on Sunday 17th March, 2024. 
    The intention of the communication was to keep bidders informed relating to their bids, however, we understand that some recipients of the email felt that it was not in the spirit of a silent auction - and we apologise for this. 
    We are currently reviewing the outcome of the auction and will be updating bidders on next steps as soon as we can.”
    Ends
  6. Like
    kimchi reacted to MrStacker in 10 oz KOOKABURRA PERTTHHH MINT   
    @motorbikez@kimchi@WolfStacker
  7. Thanks
    kimchi reacted to AppleZippoandMetronome in Investigation into Historic Coin Pricing by The Royal Mint   
    Whether intentional or not I do feel the current way the RM is selling these packaged up historic coins is wrong and very much has the potential to take advantage of people who don't know better. The cobbling together of coins and marketing them as something special when they aren't is nothing new but I do think its especially problematic coming from a place like the Royal Mint. From what I've seen the RM has quite a good reputation and level of trustworthiness amongst the general public. I would think there are quite a few people out there who wouldn't expect to be taken advtange of by the RM but that is what is happening when the RM puts these things together and tries to sell them as something special. All businesses have to make money but the issue I see with this is its dressing up something to be more than what it is so it can be sold at a much higher price than what its worth. It is misleading and people will be swindled by it. Sadly it tends to be some of the most vulnerable in our society that get drawn into and swindled by things like this.
  8. Thanks
    kimchi reacted to BackyardBullion in Investigation into Historic Coin Pricing by The Royal Mint   
    For a while now you may have seen I have been making comentaries on the seemingly extortionate prices of some of the Royal Mint's Historic Coin pricing. 
    Today we see another example of outrageous prices with the Pistrucci 3 coin set. 
    The Royal Mint have  valued two silver crowns (1819 and 1821) at a combined value of £600+ 
    I am in the process of an investigation and deep dive into this and have reached out the the Royal Mint press office for comments (they have not been great in their replies so far). 
    Lots to share in due course and it should be quite telling for the mint when published. 
    What I would like from this thread is any community sentiments on this practice by The Royal Mint. 
    They need to understand its not just one crazy guy with a YouTube channel that has a problem here. There are deeper issues at play which I feel very strongly about including but not limited to The Royal Mint profiteering from the unsuspecting public that don't know better and who take the valuations from the mint at face value. 
    If you have an opinion on this and you would like it to be shared please post here. 
    If you would rather remain anonymous please feel free to PM me and sentiments can be shared that way. 
    The Royal Mint is in my opinion taking a direction that will ultimately do serious damage to their brand and reputation. My goal is change, but I will settle for consumer awareness for the wider population. If I can save just one person from buying a coin 10x the true value that is my job done. 
    Any thoughts/comments and opinions are most welcome.
    Remember, this is a public forum and thread and comments may be publiushed on YouTube.
  9. Like
    kimchi reacted to silversky in Gold Monitoring Thread £ GBP only   
    Now where would be the fun in that?    It's way better to force them to write and threaten millions of households every month.  It hastens their demise.  And it also gives them less idea who the weaker targets are.  By not declaring, I'm feel that I'm doing my bit for society, for the vulnerable elderly who get pressured into saying something that the machine can use to prosecute them wrongly.  The goons prey on people who get nervous or confused, stitching up those who don't know how to shut them down properly.  It's a disgrace in the modern world, to have such organised thuggery stalking our streets with the blessing of parliament.
    It was about five years ago that I got fed up with all the threatening letters, and I actually did contact them to officially let them know that I don't require a TV licence.  But within only 3 months, they just started up with their threatening letter campaign again.   That really annoyed me.  Forcing people to declare innocence is wrong, but then still continuing to harass them is taking the biscuit.  It seems that I am not alone with this either, there are numerous others online reporting the same thing happening to them.  By filling in their declaration, I actually entered into a form of contract, but by failing to keep their end of the contract, they have breached it and released me from any future "implied" obligation to notify them.  Nothing further is required of me, and I have therefore switched tactic.
    I'm now hoping for a goon to darken my door, so that I can record his or her name, and tell the goon that by giving me his or her name, they're now personally the official agent of an organisation which is conducting a harassment campaign against me via mail and in person.  I will then ask the goon to cease and desist, and declare that if they continue to contact me either in writing or in person, they will be entering into my contract at £150 per hour, charged a minimum of 1 hour for each and every incidence of correspondence.  I will assure said goon, that I fully intend to pursue any further attempts to harass or extort me, through the post or in person, and that I will also be seeking damages for distress.
    Let's see how that pans out.  If a goon is foolish enough to waste his or her time returning with a warrant, we'll play the "signed by a magistrate" and requiring affidavits game.  Any accompanying police will be asked to confirm that they are NOT there to assist an illegal entry, and that they are NOT legal experts either.  They will politely be asked to confirm that their role is to observe a civil dispute, and to ensure that no breach of the peace occurs by either party...  I will refuse a digital version o f a warrant on an ipad, and insist on a physical copy for myself.  I will make sure that only a real warrant will gain access to my property, and they can then enjoy finding no physical equipment inside which can receive live broadcast Television channels.  If so inclined, they can petition my ISP to check that my IP address has never once opened the bbc iplayer app online, although I will formally notify the ISP that I do not consent to my data being released to authorities unless requested in connection with a serious criminal case which this is not.  I will film the entire interaction and use it in court as evidence of harassment which it most certainly is.
    If you receive the letters on a regular basis, you will know how unpleasant some of them are.  Sometimes even I, with my full understanding of the legal situation, and my complete compliance with the law, am made to feel a short instinctive pang of anxiety at the official sounding threats.  The whole game is outrageous ad it's long past time that this gang of criminals are held to account.
    I've been waiting five years now for them to show up.  Please can it be my turn soon.  
  10. Like
    kimchi reacted to ZigZag in 1/10 H16 and Sovereign capsules (possibly tube)…see pic.   
    If you go on Amazon there is a seller (or store) called OnFireGuy
  11. Like
    kimchi reacted to HonestMoneyGoldSilver in Perth mint Kookaburra chat   
    Very true. I've got more than 100 Kooks and if they were CGT-exempt I would ditch most of my Britannias and just buy Kooks!
    I think Kooks are arguably the best quality bullion in the world. There might be better coins out there but not in the same price bracket as Kooks
    I only have 1oz bullion currently, a few privies and the odd special edition. If I had the spare cash I would start with the 10oz and 1kilo, I'm jealous of @COBRASTACKER!
    I'd like to own the graded versions too but I don't like slabs/boxes or high premiums 😂
    The fact none of my coins have milked and I rarely see Kooks for sale that have milked is a big thing for me, I've been scarred by Britannias, Krugs, Eagles and Maples, all of which have milked. The Britannias and RM stuff that's not cheap but still milks is the only negative thing for me about stacking/collecting silver. Kooks are the perfect blend for me of stacking/collecting without going nuts on the premiums. For more expensive stuff I'd prefer gold, like you can buy 2 sovs+ for the same price as a 1 kilo Kook!
  12. Super Like
    kimchi got a reaction from HonestMoneyGoldSilver in Perth mint Kookaburra chat   
    It's far, far more than that...Kooks are well prized, and so they should be!
  13. Like
    kimchi got a reaction from WolfStacker in Perth mint Kookaburra chat   
    It's far, far more than that...Kooks are well prized, and so they should be!
  14. Like
    kimchi got a reaction from motorbikez in Perth mint Kookaburra chat   
    It's far, far more than that...Kooks are well prized, and so they should be!
  15. Like
    kimchi got a reaction from LemmyMcGregor in Newbie with some questions   
    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  
  16. Like
    kimchi reacted to WolfStacker in Perth mint Kookaburra chat   
    Hi everyone,
    @motorbikez thank you
    Unfortunately I have only that one 1999  kookaburra, and It's a fantastic coin.

  17. Like
    kimchi reacted to motorbikez in Perth mint Kookaburra chat   
    @kimchi did have lol I'm not up to speed with the newer stuff.
  18. Like
    kimchi got a reaction from ZigZag in Perth mint Kookaburra chat   
    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
  19. Like
    kimchi got a reaction from WolfStacker in Perth mint Kookaburra chat   
    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
  20. Like
    kimchi reacted to motorbikez in Perth mint Kookaburra chat   
    I am just starting a new collection of 1oz silver MS 70/69s kookaburras & I am only going to collect the standard non privy versions I'm not quite up to speed with these but have already noticed there are privy versions of 2022 & 2023 1oz kooks. 
    I'm sure someone on here will be able to tell me the score re the 1oz kook privy versions. 
    Example of my ms 70 s

  21. Super Thanks
    kimchi got a reaction from motorbikez in Perth mint Kookaburra chat   
    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
  22. Thanks
    kimchi reacted to motorbikez in Perth mint Kookaburra chat   
    Chat about anything Perth mint kookaburra, any size any metal proof or bullion graded etc.
    @kimchi @dicker @Organics @DW1777 @stefffana @Rares & any other kookaburra collectors 
  23. Thanks
    kimchi reacted to motorbikez in Stunning 1999 Kookaburra 1oz 999 Silver With Rare Portugal Privy   
    I'd value that around £75‐£85 
  24. Like
    kimchi got a reaction from motorbikez in Stunning 1999 Kookaburra 1oz 999 Silver With Rare Portugal Privy   
    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.
    Definitely, and would love to see such a thread!
  25. Like
    kimchi got a reaction from Cubic in Newbie with some questions   
    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  
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