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jultorsk

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Everything posted by jultorsk

  1. OT apropos FleaBay there was a curious tidbit in the latest Coin News saying that Robert Parkinson, former Head of Auctions at Sovereign Rarities is moving over in November to take over management of eBay's Coins and Bullion category for the UK. Says the article: "Robert will be looking after eBay's numismatic community and formulate working strategies for the future of the platform." Quote Robert: "I am excited for the new role and look forward to making eBay a more secure platform for numismatic trading." -- Should be interesting to see if there's going to be a noticeable change!
  2. It's a bit difficult to read this NSW Parliamentary Paper, but it appears the debate has been active at least since 1863 😉 Coins were minted in Sydney and sent directly to the RM for melting where they extracted the silver and reminted the coins in copper alloy. 🤷‍♂️
  3. Inquiring minds also would like to know what are these "previous metals"? 🤔
  4. Hope so. Many auction houses also charge a 10-15% Seller's fee. 🤷‍♂️
  5. Raw 2022 Four-coin set GBP2200+BP = GBP2715 RRP GBP2055
  6. Too right, high time for the RM to get onboard with the 'body positivity' movement! 🦁😁
  7. Retail prices from PCGS price guide can give some reference maybe?
  8. I'm sure you meant 5 coin set, and I agree, the 5-coin set RRP was GBP4795 to my recollection. For random reference, a 2022 4-coin set all graded straight PF70s just sold for $2520 (incl BP) @ HA (would've fx'd to about GBP2170 at end of Oct).
  9. Well - for all of us missing out on the set we wanted... here's a gilded silver "investment potato chip" as a consolation prize. 😅
  10. If that is the design I can't help but feeling it is outshining the QEII Jubilee Sovereign which was supposed to be the pinnacle of her year of celebration. 🤷‍♂️ The crowns are not right, though....? 🤔 And no word of the SOTD - his BD is on Monday??
  11. ...aaand it's another 0.75% rate hike from BoE.
  12. https://www.welt.de/finanzen/article241870903/Anlagesilber-Darum-koennen-Edelmetallhaendler-jetzt-neue-Hoffnung-schoepfen.html After the tax authorities had recently ended the practice of tax-privileged acquisition of certain silver coins for precious metal trading in Germany, the Federal Ministry of Finance is now getting involved. Millions are at stake for the industry. There is new hope in tax issues for unsettled precious metal traders in Germany. In a response from the Federal Ministry of Finance (BMF) to a request from the FDP member of the Bundestag Frank Schäffler about the changed handling of the taxation of silver coins , the BMF announced that it would coordinate with the federal states "a non-objection rule that ensures that dealers are not retrospectively burdened with higher sales taxes “ -- "Should this tax change also have retrospective consequences, numerous dealers who have imported themselves would be insolvent overnight," said Dominik Kettner, managing director of the sender Kettner Edelmetalle, the specialist portal "Goldreporter.de". There, the volume in question from the silver trade is estimated at around 100 tons. At the current market price, this would result in a tax liability of around seven million euros. In addition, there would have been massive costs and bureaucratic effort to determine any tax liability at all. https://www-welt-de.translate.goog/finanzen/article241870903/Anlagesilber-Darum-koennen-Edelmetallhaendler-jetzt-neue-Hoffnung-schoepfen.html?_x_tr_sl=de&_x_tr_tl=en&_x_tr_hl=en&_x_tr_pto=wapp TBH 7 million euros does not sound like much, especially as it was the government who bungled up the tax interpretation. Germany must be well and truly broke? 🤔🤷‍♂️
  13. This is the JP Morgan quote per the committee testimony transcript from 1912. I have yet to find the source for oft attributed "gold is money..". Fascinating read. https://www.loc.gov/resource/gdclccn.13001206/?st=pdf&pdfPage=50
  14. A couple of days back I posted a Bullion Now video interviewing the Perth Mint operations manager - he confirmed that they're at capacity and have had to narrow down the product range, e.g., only producing silver kangaroos and kilo bars in addition to the gold selection. He did confirm they'll do a small "one-off" run of larger Kooks but that's it. No or very little rectangles coming because they're focusing on churning out the "core" products as fast as they can. 🤷‍♂️ https://youtu.be/x6Anex__iDg
  15. Thank you both @CollectForFunand @dikefalos for your excellent and well-informed comments - if that's really going to be the case, that's certainly a major upheaval! I used google translate for the gold.de link https://www-gold-de.translate.goog/artikel/silber-anlagemuenzen-anwendung-der-differenzbesteuerung-vor-dem-aus/?_x_tr_sl=de&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp " According to the letter from the BMF, the special regulation for imported silver coins and coin bars from non-EU countries will no longer apply with immediate effect and the standard tax rate will be levied, i.e. 19 instead of 7 percent. -- For silver coin bars from third countries, the basis of existence for new products in Germany would be completely eliminated, since they would no longer have a price advantage over normal bars. " 🤯 https://www-goldreporter-de.translate.goog/silbermuenzen-finanzministerium-kippt-differenzbesteuerung-041022-14h/handel/109365/?_x_tr_sl=de&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp
  16. A bit of an oddball question maybe, but I heard there would be new taxation on foreign (non-German) silver coins in Germany starting 2023? Any further information please - anyone? 🤔 @muenzdachs
  17. On top of the Coat of Arms, on the rampant lion, or on both? 🤔😁
  18. Not sure about that but I do hope the spot prices and the compare page make a comeback post haste. 😁
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