kimchi

Wassat for those of us who are not rocket surgeons?

Well, that was a 'bit of a drop' in ten minutes 😮

The Pearson's r coefficient between gold and silver ranges between a moderate and very strong positive correlation depending on the period in question. In general terms:
A correlation coefficient between 0 and 0.3 (or -0.3) is considered a weak correlation. A correlation coefficient between 0.3 and 0.7 (or -0.3 and -0.7) is considered a moderate correlation. A correlation coefficient between 0.7 and 1 (or -0.7 and -1) is considered a strong correlation.
Over the last 20 years the gold/silver correlation coefficient has been >0.7, meaning gold and silver prices have been strongly correlated over that period. Over the last 45 years gold/silver have at a minimum been moderately correlated throughout with extended periods of strong correlation
In plain English: you can't stack gold and claim silver isn't an investment without committing a logical fallacy - i.e. calling silver a "non-investment" by default also makes gold a "non-investment" due to their strong correlation. Declaring you stack gold while simultaneously dissing silver and calling it "a waste of money", is essentially dissing yourself
Over the last 3 months in GBP, gold is up 17.32% while silver is up 22.29%
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Commander Locke: Damnit, Morpheus, not everyone believes what you believe.
Morpheus: My beliefs don't require them to.
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What else can we say about silver? Lots of things as it happens with silver acting as a proxy for global growth, mirroring the performance of Chinese GDP. Would we say that the MSCI Emerging Markets Index is an "investment"? Hmm, I guess it depends if we base our conclusions on personal opinions or observable facts

 
Hmm, interesting. Is there any reason why silver should behave in this manner as a lagged proxy to Chinese GDP? Funny you should ask, there is:

 
The price of silver is correlated to Chinese GDP and the manufacture of solar panels and batteries, which China has a virtual monopoly over. Well that's a strange coincidence. What would be really weird is if I told you the Chinese are starting to stack silver, like you said nobody would do. The US military are also stacking silver. That's all very odd for a metal they don't believe in. What would really seal the deal is if silver had a superior blend of performance metrics to any other naturally occurring substance that makes it ideal for certain applications. Silver has the highest conductivity of any metal, the highest reflectivity of any metal, is both ductile and malleable along with having antibacterial and catalytic properties

 
I guess that seals the deal then, silver is officially an investment
FWIW @BipolarStacker, my money would be on @Earthmetal 👍😁
 
 
 
 
 

Grab some tenths

If so why did they immediately delete their entire back catalogue? No-one could buy their (suddenly very much in demand - that stunt and others made them famous) back catalogue after that, and so they didn't earn a penny (from sales). It's a rhetorical question, largely, just meant to make folk think
Anyway! Back on topic!

If so why did they immediately delete their entire back catalogue? No-one could buy their (suddenly very much in demand - that stunt and others made them famous) back catalogue after that, and so they didn't earn a penny (from sales). It's a rhetorical question, largely, just meant to make folk think
Anyway! Back on topic!

I remember when sovs broke £200 and some people on here panicked and started selling.
I also remember when we all 'revolted' a few years later because a certain bullion dealer put the modern India Sov (assayed) up from £250 to just over £300 (@cobrastacker may be of interest to you bud).
And, who can forget 'Harrington and Burn'? 🤣

I remember when sovs broke £200 and some people on here panicked and started selling.
I also remember when we all 'revolted' a few years later because a certain bullion dealer put the modern India Sov (assayed) up from £250 to just over £300 (@cobrastacker may be of interest to you bud).
And, who can forget 'Harrington and Burn'? 🤣

I remember when sovs broke £200 and some people on here panicked and started selling.
I also remember when we all 'revolted' a few years later because a certain bullion dealer put the modern India Sov (assayed) up from £250 to just over £300 (@cobrastacker may be of interest to you bud).
And, who can forget 'Harrington and Burn'? 🤣

I remember when I bought a Queen Vic jubilee head sovereign for £250 thinking that was expensive a few years back. You end up wishing for those days again.

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

The government know that a man without family have no desire to revolt having nothing to protect.
The more rainbow crosses the merrier...
£1867

Great looking collection.
Although my grandad passed away 21 years ago, my mum only gave me his coin collection over the Christmas period, there was a few gold coins we knew about, but mainly it was all pre decimal stuff.
I found these web sites quite useful, https://www.predecimal.com/key_dates
https://www.allcoinvalues.com/index.html
Turns out he had a few rarer coins, but they were so worn they wouldn't be worth a great deal

Happy to take any and all opinions and thoughts on the collection that he had! I imagined as much regarding these predecimal coins and I assume he knew too, but just enjoyed the experience. As I mentioned above I'll probably keep the best one of each example and then try and fill the gaps over time as sort of a side quest in his memory while I search around and see what tickles my interest!
Currently looking at what app/program to use to catalogue them so I hopefully won't have to do the exercise twice! Any recommendations on that front are welcomed too.
I do wonder what history they have seen. Plenty has been going on while these little chaps have been going from pocket to pocket!
Once I have sorted the wheat from the chaff I'll report back!

So far I have resisted the urge! Hopefully he did as well

This is the general condition of these smaller coins and the scale of the task ahead of me! There are a few of these cases as well as some tins full of pennies and other stuff.. Just an overhead snapshot for ease now sorry. When I start getting my head around what is here I'll post more info in the silver forum

 

I have a few of these in my collection. They have a top-quality finish, and the pictures don't do it justice. I think LEV has stopped minting them now. I remember when they came out with the 1kg in 2014, and with a new concept of ultra violet light, it a great bar for somebody's stack. If I did not have one, I would buy this one, it looks great no tarnish nothing perfect. A real gem for those who know 😉

Hi! 

My grandad lost his wife to illness in about 1967/68 and I think he took up this hobby to keep his mind busy and to keep my dad and his sister busy (they were in their teens at the time) sorting through coins he brought back from the bank and sorting and date ordering them. I think the collecting side of it all kicked in a bit later and he occasionally ordered coins or visited jewellers on his travels and picked up some interesting coins from then on. It's mainly silver and lots and lots of "old money" (I've put his typed sheets of these below with a snapshot from some point in time, I've yet to work out if he collected more after this point and these don;t seem to list his larger silver coins) with some silver dollars and some peculiar medallions and collectible ones that I'm still trying to identify and check out. I'll certainly get photos of those up on the silver forum when I get chance to photograph them all! any input and advice is greatly appreciated. I have tubs here full of old pennies and all sorts of other things. It's quite a daunting task but I feel quite lucky to be able to enjoy doing it knowing that he went through all these at some point too
 
He made a big deal of handing these over to me in one large collection so I doubt he had any stashed away anywhere. He seemed keen to pass the interest on at the time, eitehr to me or my children one day.

Yes, a minimum of 6 years, section 7.7 -

 

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.

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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!
 

There's no way of knowing which of the two half sovs was originally in the case.  I agree with @Britannia47 and others that the set has actually been assembled over time, rather than it being an original set as sold by the Royal Mint at the time.
The 'correct' coin would be a London mint coin (that is, without a mint mark below the shield on the reverse).  So if one of the coins does have a mint mark, that is the odd one out (as it were).
In similar vein, the 'correct' sixpence for this set would be the Withdrawn Type (that is, the one with the shield on the reverse, not the wreath).
You have some lovely coins there, regardless 🙂

Here's an example of an 1887 'Wreath' sixpence.  I also have an example of the Withdrawn type, but don't have a photo of that coin.  But here's an 1887 shilling with the same design - you already have one of these in your set:
 

The good news is that you almost certainly have two half-sovereigns (22ct gold coins).
The set is missing a silver sixpence.
As you may know, there are two main types of 1887 Jubilee Head sixpence.  One has a shield design on the reverse (this is called the Withdrawn Type) and the other one has a wreath on the reverse with the words 'Six Pence' inside the wreath.  This was issued later in the same year, because people were gilding the original sixpence and trying to pass it off as a Jubilee Head half sovereign coin (which also has a shield on the reverse, albeit of a different design).
Regarding the 1887 Jubilee Head half sovereign coins, these were minted at the London, Melbourne and Sydney mints.  So it's possible that your two gold coins may be from different mints. 
The Melbourne and Sydney mint coins have an M or an S underneath the bottom of the shield on the reverse.  The London mint coins have no such mark.
So it's worth checking exactly what you have!