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Pete

Silver Premium Member
  • Posts

    5,024
  • Joined

  • Last visited

  • Days Won

    2
  • Trading Feedback

    100%
  • Country

    United Kingdom

Reputation Activity

  1. Like
    Pete got a reaction from Richiesilver in Harrington & Byrne 2022 bullion sovereign offer   
    Mine arrived today and they definitely make an effort.
    Real bargain indeed !!

  2. Like
    Pete got a reaction from Foster88 in Harrington & Byrne 2022 bullion sovereign offer   
    Mine arrived today and they definitely make an effort.
    Real bargain indeed !!

  3. Like
    Pete got a reaction from Tortoise in Oh no not another !!!   
    Driving us all to be like Royalty - Asset Rich and Cash Poor - only I don't believe the bit about Royals being cash poor it's just they don't know about money as everything is free.
  4. Like
    Pete reacted to StackemHigh in 1/10 oz Platinum Kookaburra 2021   
    I've checked all my usual go to dealers in the UK for this Kook and i can find one that even has a listing. Platinum is just so damn difficult to collect in the UK between dealers not getting any, VAT and import charges. 
  5. Like
    Pete got a reaction from Tortoise in Different alloys for gold coins....   
    Requires a metallurgist to work out the benefits & trade-offs using various alloys.
    Sovereigns open up the opportunity to incorporate 8.5% approx other metals and the choice may be cost related but I would assume more to being able to have a uniform mix and what aids the process during manufacture. Another reason of adding a bit more copper at the expense of silver might ( I don't know for sure ) be cosmetic. Some people like the darker colour but I prefer the yellow gold, more natural colour, than the browner used in some recent sovereign issues. 
  6. Like
    Pete got a reaction from Griffo in Different alloys for gold coins....   
    Requires a metallurgist to work out the benefits & trade-offs using various alloys.
    Sovereigns open up the opportunity to incorporate 8.5% approx other metals and the choice may be cost related but I would assume more to being able to have a uniform mix and what aids the process during manufacture. Another reason of adding a bit more copper at the expense of silver might ( I don't know for sure ) be cosmetic. Some people like the darker colour but I prefer the yellow gold, more natural colour, than the browner used in some recent sovereign issues. 
  7. Like
    Pete got a reaction from Griffo in Which to go for (in terms of likely appreciation): 2022 bullion double sovereign or . . .?   
    Has anyone managed to obtain a 2022 sovereign to hold ?
    Noticed that Atkinsons state no stock so did they all sell or are they waiting on delivery from the RM
    I pre-ordered my single sovereign from Harrington a while back - has anyone received or have an estimated delivery date yet ?
  8. Thanks
    Pete reacted to CaptCaveMan in Which to go for (in terms of likely appreciation): 2022 bullion double sovereign or . . .?   
    Ordered via the deal from Harrington & Byrne and also Bleyer Bullion, not expecting them to arrive until the end of the month tbh.
  9. Haha
    Pete reacted to paulmerton in Which to go for (in terms of likely appreciation): 2022 bullion double sovereign or . . .?   
    Technically, no - mine is staying in its blister pack.
  10. Like
    Pete got a reaction from Griffo in Red v Yellow Colour Gold Sovereigns - Silver v Copper Alloy Content   
    That's the colour of pure gold.
    As soon as you add other metals that can tint the base colour but you knew that.
    Just like mixing paint adding traces of pigment to white.
    I would imagine platinum and silver, maybe nickel also, would lighten slightly fine gold and copper would darken it.
    Watching Gold Rush on TV the raw gold found in the Klondike looks yellow and not coppery.
  11. Like
    Pete got a reaction from Scaffstacker in Queen's Beasts 2022 10oz silver bullion coin   
    Thanks for announcing this coin.
    The RM website is cr.a.p. so you need to use the shared link above to find the coin.
    Managed to order mine and the total cost £281.28 delivered so not horrendous and the VAT is going to good causes I assume !!
  12. Like
    Pete got a reaction from foinikas in Queen's Beasts 2022 10oz silver bullion coin   
    Thanks for announcing this coin.
    The RM website is cr.a.p. so you need to use the shared link above to find the coin.
    Managed to order mine and the total cost £281.28 delivered so not horrendous and the VAT is going to good causes I assume !!
  13. Thanks
    Pete reacted to BackyardBullion in Queen's Beasts 2022 10oz silver bullion coin   
    Took their time about it, but it is finally here!
    https://www.royalmint.com/invest/bullion/bullion-coins/silver-coins/the-queens-beasts-2022-10oz-silver-bullion-coin/

  14. Like
    Pete got a reaction from kimchi in Why are people stacking Silver over Gold when there is a VAT on silver?   
    A point that is missed reading earlier comments is that UK stackers wanting to buy new issue silver cannot avoid paying 20% VAT whereas our own Royal Mint produced silver sells to some European countries for either 0% VAT ( Estonia up until summer ) or the EU dealers are willing to use the differential VAT scheme meaning very low VAT to their customers.
    I need multiple 2022 issue coins when they are released but have no choice but to pay 20% VAT to whoever has them for sale.
    Stackers in the EU or the USA for example can buy the same coins approximately 20% cheaper.
    Buying second hand, for example on the SF, although VAT is not shown as an added tax, it is kind of built-in as silver will sell at the going rate which is higher in the UK than elsewhere for this reason.
  15. Like
    Pete got a reaction from Booky586 in I'm wrong?   
    Having just received a quote for gas and electricity I might be forced in to trading PMs for heating later this year.
    I really don't understand the government's price cap which only applies to standard variable rate tariffs.
    Most of us I assume will have fixed price annual contracts.
    My gas increase will be 400% and electricity 250% if I continue so I am defaulting to standard variable which I assume will be significantly cheaper and of course the energy providers don't want you on this tariff because many are losing money but 400% !!!  ----  W.T.F. !!!
  16. Like
    Pete got a reaction from Griffo in I'm wrong?   
    Having just received a quote for gas and electricity I might be forced in to trading PMs for heating later this year.
    I really don't understand the government's price cap which only applies to standard variable rate tariffs.
    Most of us I assume will have fixed price annual contracts.
    My gas increase will be 400% and electricity 250% if I continue so I am defaulting to standard variable which I assume will be significantly cheaper and of course the energy providers don't want you on this tariff because many are losing money but 400% !!!  ----  W.T.F. !!!
  17. Like
    Pete got a reaction from Griffo in Why are people stacking Silver over Gold when there is a VAT on silver?   
    Everything purchased from overseas nowadays is subject to VAT.
    Although the European Mint can still sell platinum and silver VAT free to all EU countries until summer we are outside of the EU so 20% to the taxman !!
    Lovely isn't it ??
    On a more positive note it means all buyers across the EU will in 6 months or so have to pay the Estonian VAT unless they adopt the differential VAT scheme other EU dealers use but that doesn't help us in the UK at all.
    I really don't follow why a few of our UK primary dealers don't make any attempt to compete but their incentive is reduced because we cannot get round the full VAT here.
    Be sure to include the shipping costs from Estonia, 20% VAT plus a broker fee to process the importation and account for your VAT bill.
    I have given up even looking at EM prices and if I need new silver or platinum I just pay full price buying in the UK.
     
  18. Thanks
    Pete got a reaction from SovereignBishop in USA proof silver coins - VAT exempt ?   
    You cannot avoid the VAT and I believe eBay will charge you.
    However for numismatic and collectibles the correct VAT rate should be 5% and not 20%
    The official harmonised code for importation is 97.05.00.020
    Provided the sender declares your coin as collectible or numismatic and CLEARY SHOWS the above code on the customs declaration then once you have received your item you can fill out a form on-line using a photo of the customs declaration, a copy of your VAT invoice, add a photograph preferably from a website of the coin and its description to prove it is not standard bullion and Border Force will refund the excess VAT you paid. Process takes a few weeks but they are very reasonable.
  19. Thanks
    Pete got a reaction from SovereignBishop in Why are people stacking Silver over Gold when there is a VAT on silver?   
    Everything purchased from overseas nowadays is subject to VAT.
    Although the European Mint can still sell platinum and silver VAT free to all EU countries until summer we are outside of the EU so 20% to the taxman !!
    Lovely isn't it ??
    On a more positive note it means all buyers across the EU will in 6 months or so have to pay the Estonian VAT unless they adopt the differential VAT scheme other EU dealers use but that doesn't help us in the UK at all.
    I really don't follow why a few of our UK primary dealers don't make any attempt to compete but their incentive is reduced because we cannot get round the full VAT here.
    Be sure to include the shipping costs from Estonia, 20% VAT plus a broker fee to process the importation and account for your VAT bill.
    I have given up even looking at EM prices and if I need new silver or platinum I just pay full price buying in the UK.
     
  20. Like
    Pete got a reaction from stefffana in USA proof silver coins - VAT exempt ?   
    You cannot avoid the VAT and I believe eBay will charge you.
    However for numismatic and collectibles the correct VAT rate should be 5% and not 20%
    The official harmonised code for importation is 97.05.00.020
    Provided the sender declares your coin as collectible or numismatic and CLEARY SHOWS the above code on the customs declaration then once you have received your item you can fill out a form on-line using a photo of the customs declaration, a copy of your VAT invoice, add a photograph preferably from a website of the coin and its description to prove it is not standard bullion and Border Force will refund the excess VAT you paid. Process takes a few weeks but they are very reasonable.
  21. Like
    Pete got a reaction from Lyrinn in I'm wrong?   
    Having just received a quote for gas and electricity I might be forced in to trading PMs for heating later this year.
    I really don't understand the government's price cap which only applies to standard variable rate tariffs.
    Most of us I assume will have fixed price annual contracts.
    My gas increase will be 400% and electricity 250% if I continue so I am defaulting to standard variable which I assume will be significantly cheaper and of course the energy providers don't want you on this tariff because many are losing money but 400% !!!  ----  W.T.F. !!!
  22. Sad
    Pete got a reaction from kimchi in I'm wrong?   
    Having just received a quote for gas and electricity I might be forced in to trading PMs for heating later this year.
    I really don't understand the government's price cap which only applies to standard variable rate tariffs.
    Most of us I assume will have fixed price annual contracts.
    My gas increase will be 400% and electricity 250% if I continue so I am defaulting to standard variable which I assume will be significantly cheaper and of course the energy providers don't want you on this tariff because many are losing money but 400% !!!  ----  W.T.F. !!!
  23. Like
    Pete got a reaction from Shep in I'm wrong?   
    Having just received a quote for gas and electricity I might be forced in to trading PMs for heating later this year.
    I really don't understand the government's price cap which only applies to standard variable rate tariffs.
    Most of us I assume will have fixed price annual contracts.
    My gas increase will be 400% and electricity 250% if I continue so I am defaulting to standard variable which I assume will be significantly cheaper and of course the energy providers don't want you on this tariff because many are losing money but 400% !!!  ----  W.T.F. !!!
  24. Sad
    Pete got a reaction from ArgentSmith in Platinum Queen's Beasts completer!   
    Many thanks @paulmerton for notifying us fellow stackers of the new Completer in Platinum.
    Just ordered mine.
    The RM website is not very rigorous as this coin didn't appear at all searching for platinum nor on the section for platinum coins.
    It does now, but earlier today it didn't exist yet your link showed it instantly.
    Bit of a panic set in though when the RM blocked my account pending an annual review apparently.
    Always worth checking that if you have an account that you need to use urgently that it is still active.
    Whilst the checks were being made ( no idea of timeframe ) they wouldn't even permit me to place an order over the phone.
  25. Like
    Pete got a reaction from dicker in I'm wrong?   
    Having just received a quote for gas and electricity I might be forced in to trading PMs for heating later this year.
    I really don't understand the government's price cap which only applies to standard variable rate tariffs.
    Most of us I assume will have fixed price annual contracts.
    My gas increase will be 400% and electricity 250% if I continue so I am defaulting to standard variable which I assume will be significantly cheaper and of course the energy providers don't want you on this tariff because many are losing money but 400% !!!  ----  W.T.F. !!!
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