dicker

Like you, I have not found a sleeper but they do come up for sale reasonably regularly. There will be some out there waiting to be discovered but this variation is pretty well k own and something a lot of folk look for.

Silver just woke up…. GBP19.47

Not bad given the USD / GBP rate.

Whilst I collect errors, I don’t have enough confidence that this is genuine. I particularly don’t like the peeling gold at the very bottom of the obverse side.

Let me share a secret. Buy low, sell high.

All eyes on the US inflation (CPI) report today. 1230 U.K. time I think. Higher than expected = gold down Middle of expectations = meh Lower than expected = gold up

Open outcry trading doesn’t really happen any more…

Ok gents - what is going to happen at the Asia open and Europe open tomorrow?

Hi All I have been thinking about the price of gold in the context of the following that has happened this year: - Massive flows out of gold backed ETF’s in 2024 - Massive rise of BTC price since Jan 24 - Both of the above after Bitcoin ETF’s were made available - and making BTC more liquid to a wider group of “investors” Essentially a lot of ETF holders are liquidating their positions. Is this money heading into BTC ETF’s? At least two things could be happening: - Investors want physical gold and are therefore ditching ETF’s and buying physical - Investors are selling out of Gold ETF’s and into BTC ETF’s to ride the BTC price rises. There are of course other factors, but for me at least, I cannot see why Gold lags BTC in either physical form or ETF’s in terms of price rises. Seasoned investors are predicting BTC will hit USD300k before long. But why? BTC in an ETF is not usable as currency it’s just a bet. So what is going on with the prices of Gold and BTC and why the disparity? I doubt central banks are buying BTC - they want gold as a “hard” asset. Thoughts? Best Dicker

Yes, but for me gold only, and in Sovs or Brits, which are optimally liquid.

This example is not one I would touch personally. Looking at the truncation / bottom of the neck you might think this coin has been double struck….but then nothing else on the coin seems to have been, apart from Liberty’s chin perhaps. Not sure this is all it seems… A few of the details look finer (smaller / narrower) than I have seen previously.

Not only bonus payment time but also HMRC tax refund season. They take time to repay after Self Assessment.

I have just had a mail from Atkinsons saying they have reduced premiums on Sovs and Brits. I guess the price may hurt sales.

There is an “off to the races” feel about gold at the moment.

£1704 as I type. Whist the fat lady has not yet sung, it’s been a good week for Gold. - 5 days with no mysterious slam down - Price increment has survived todays US employment number release (see the temp spike earlier) - Ditto for 2 days of Powell pronouncements in the US My guess is that we will see further highs next week. There seems to be “momentum”. The key question is what is driving the upward momentum. Lots of “experts” are keen to opine, but I suspect multiple factors are at play. Are people looking for safety? If so what has gold sniffed out? Hope you are enjoying the action as much as me.

Hi All This is great thread for anyone considering buying at auction. My thoughts are: 1. Use your own wits and resources to research any coin you are buying. Don't blindly trust the description / photo. 2. I agree that auction houses don’t always get it right - both mis-describing some coins and missing critical details / “sleepers” that they are selling. Sometimes even selling counterfeits…. Always bid know if what you are buying and limits. 3. Don’t be out off by a grand name if you need to complain. They are just a company and need to deal fairly with you - Auction houses need and want to maintain a decent name to stay in business. 4. Complain politely and follow up. I don’t ever complain on email. I write a letter - I find this much more effective. Best Dicker

All excellent comments here. I off back catalogues in pdf very useful because of their ease of search. I do have originals of important coin auction catalogs to compliment. My books on coins are filled with my own notes, post it pads and hand written comments that I go back to time and time again….

Wonger - gone but not forgotten. If he really was a trader and believed in his own rhetoric then he would have been financially burned to a cinder. Whatever he stated about COT futures prices it just didn’t stack up against the macro background of QE and inflating…and here we are at GBP1692.

Not so many people will understand that. But yes.

As always is the case. Irrespective of country. Every socialist that gets to power in the U.K. makes working people poor and themselves rich. This is ONE of Tony Blair’s houses. I remember reading he had a 30 million property portfolio…this is just one of his houses.

If you have the right skills the following are very tax friendly. BUT IF YOU GO TO WORK ABROAD GO AND PAY A TAX ADVISOR BEFORE YOU EVEN CONSIDER IT. The caps are deliberate. The following are low tax - and there are jobs available in these locations. If you want 9-5 it’s probably not for you. Irrespective of whether you are are low level or a CEO, you need to work pretty hard but can make a lot of money. - Singapore - Dubai - Saudi - Bahrain

Australia has zero inheritance tax…

Just wait for the incoming Labour government…..

GBP1674 Lots interest rate indicator news out this week in the US as well as unemployment numbers. The last few days has apparently seen big volumes pouring into Gold and BTC. As well as being news driven I suspect some traders are going in large to catch the upward momentum before selling out. What does this mean for GBP Gold? I don’t honestly know.

Gbp1671