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Posts posted by bluemoon
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I have some 2022s already but I see they're pricier than mix dates. Are the old Sovs any good for stacking? Some of them date back to the 1970s so if they're that old I'm wondering if they'd be harder to sell if they look dingy. Is the premium for the 2022s only because they are new and nothing else?
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If you can afford to lose it, I would hold onto it because the potential gains would be worth more than the loss, if that makes sense.
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Yes I expect the customs form. It's this coin and I guess I'd declare it as 'gold plated commemorative coin' or something. Again my concern is US customs might open the package to test it's not a real gold coin, otherwise people would send real gold and pretend it's plated, right? I wouldn't put it past them.
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OK I've searched my specific query on Google already without finding an answer so in order to ask it here, I'll double it up and say GOLD to the US in case anyone else finds the answers useful.
But my specific query is sending a gold PLATED coin to the US. I'm trying to send a fancy letter to prospective employers out there, but it would obviously kill my efforts if US customs opened the package to check it's not a real gold coin being smuggled under a pretence of it being gold plated.
Anyone in the know? Of course if normal gold doesn't usually get intercepted then I guess I'm safe with a gold plated coin.
Thanks in advance. -
I bought 5 the other day, I never cease to be underwhelmed by Sovs and how much they look like 1p pieces fresh from the Mint. It's the copper plating. Even more so the 2022s and their Queen coat of arms on the tails side.
I think they'll limit production of them this Jubilee year. -
The silver I have feels like a ball & chain now. Bulky, heavy and space consuming. It was a good deal during the downturn but I fully intend to swap it for gold when the time is right. Gold is so much more efficient and reliable. Silver is good if you like a bit of speculating but gold is the better hedge against inflation. Just watching the GSR for the right time to swap.
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While it's true that literal VAT is not charged in the trading section of the forum, to manage expectations keep in mind the 20% margin is pretty much still there, plus the usual mark up as well. Probably fair enough given the UK marketplace is VAT saturated, a seller on here can just add the "ghost" VAT with a slight undercut (say, 18%) and still give the buyer a "bargain" while taking close to full price.
- Gordy and ArgentSmith
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Beats me why anyone would stack silver with no VAT loophole any more. I've moved more to gold which is a pity as the GSR would still be a really good silver buy right now. But yeah... VAT. The only possible factor to make me want to swallow the VAT (and it doesn't) is that you effectively sell the 20% back to the buyer when the time comes. Look at all silver being sold either here or eBay, the 20% is clearly added to the price, whether that's the VAT or not.
But it's time I paid more love to gold now anyway, this VAT has just nudged me in the right direction finally.
- Griffo, KevinFlynn and longmore
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38 minutes ago, SlowFrog said:
Interesting topic! I understand the obligations and responsibilities placed on business owners when it comes to following the regulations but I personally just don't want the hassle of providing different forms of ID. In addition, I'm a bit paranoid about data security and so it does put me off when such requirements are involved. Perhaps I'm alone in this respect but thought I'd mention that it does influence where I purchase from - even though I promise I'm not up to any funny business!
I second this post. We're not dodgy, we just don't like being put through all of that and I only buy from brokers who don't ask for this sort of information.
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3 minutes ago, LawrenceChard said:
It depends on exact circumstances.
For most private individuals, that's correct.
For VAT registered dealers, no!
Any VAT registered dealers who are also dealers in "Investment Gold", I.D. is a strict legal requirement.
There are also A.M.L. (Anti Money Laundering) regulations to consider.
The whole subject is quite detailed and complicated, and there are a number of common misunderstandings.
There is more here:
https://www.chards.co.uk/blog/acceptable-forms-of-id/413
and on a few other pages of the Chards website.
I hope this helps.
Honestly, your own explanation was clearer and more succinct than your page's! It says "you may be required" and then went on to cover every scenario, all of which required ID, without telling us when it's not required. I think most people on this forum are Joe Publics who don't deal (although I hope none of us walks the streets with Adidas hoodies!).
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On 24/06/2021 at 21:41, LawrenceChard said:
From an earlier answer:
For "Investment Gold", almost always yes, one exception being from small non-VAT registered dealers.
For platinum, silver, etc, no, unless you are or might be spending £5,000 or more, or £10,000 in any 12 month period.
It is not a big deal, you don't get reported unless you raise suspicions.
... and yes we are also Bricks and Mortar (actually more steel, concrete, and cladding).
As I understand it, there is no legal obligation to take ID for selling a couple of gold Sovs to Joe Public, or anything below £5,000.
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I haven't read all the pages here, sorry. So what's the verdict then, are we stuffed?
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Yes I think it's more likely that gold will have VAT slapped on it that silver getting VAT removed. If I was an alien who just landed in Britain without knowing any of it's history, I'd see the country as very socialist and moving towards communism.
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I remember people were buying hand over fist in 2011 because they thought it was going to the moon and had fear of missing out. Same thing happened more recently with Bitcoin. Both were in a bubble and it was only those in the know who kept cooler heads. I don't think you'll be short of buyers.
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With spot at £618, that's a £200 mark up! I think I'll wait a little.
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I'm only interested in making money out of the idea. Art doesn't interest me. Is the profiteering just a case of arbitrage? So buy a piece from an artist when released and then once all 100 prints are sold out, sell it on eBay ?
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On 22/11/2019 at 18:28, scotland210590 said:
Something ive recently got into aswell, currently got a Shepard Fairey Blondie print, signed by Debbie Harry, Chris Stein and Shepard Fairey, limited to 450
A signed & numbered print from a famous graffiti artist called MadC
Also managed to pick up a Banksy print which im waiting to see what direction it goes...
Art is a big money maker if you buy from the right people, signed prints by Andy Warhol will sell for £250,000, he painted some soup cans just over 20 years back and now it could buy you a house.
Crazy.
Out of interest, do you flip it anywhere other than eBay? I'm thinking to sell these somewhere like a local offline market to bypass the eBay competition of others listing the same thing and racing to the bottom on price.
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How are people getting on with this? I'm going to test the water with an upcoming launch mentioned in one of that urban art website's threads and see if I can flip it on.
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It's almost down to the 2018 lows. Another buying opportunity perhaps? I missed it last time because I was sitting on my thumb being unsure about it's future. I'll have to sit on my thumb some more now and keep wondering what it's future will hold! It doesn't help that the GBP is being nobbled these days too.
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3 minutes ago, Bullionaire said:
No catch. Owls are often cheaper as they aren't a 'main' bullion coin like the britannia or ASE. Nice coins though imo
If that's the case then great, I thought they might be short changing on silver somehow but I see 1 troy OZ and .999 fine and everything! I'd rather get more in pure silver in my stack, than have a 'main' coin and pay extra for the privilege of saying I own such a 'main' coin yet hold less silver.
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Looking at these NZ owls, 30c/oz cheaper than all the other 2019 coins, it seems almost too cheap. Two tubes would get you almost a whole extra coin. Can anyone see what the catch is compared to the other coins?
https://www.europeanmint.com/2019-1oz-niue-athenian-owl-stackable-silver-coin/ -
On 19/09/2018 at 15:06, mr-dead said:
Currently have a nice piece up for sale on ebay:
An original oil on glass piece by the famous artist Henrik Uldalen.
The painting is highly sought after as its the first piece ever created by the artist based on a coloured skin.
Henrik Uldalen:
https://www.henrikaau.com/
https://www.instagram.com/henrikaau/Exibition Details:
SOLO EXHIBITIONS
2016 Last Rites. New York City, USA
2014 Thinkspace. Los Angeles, USA
2011 Galerie Contour. Skagen, Denmark
2010 Galleri Ramfjord. Oslo, NorwaySELECTED GROUP EXHIBITIONS
2017 "Supersonic Invitational". Spoke Art. San Francisco, USA
2015 Inner State Gallery. “LAX/DTW”. Detroit, USA
2015 Galleri Ramfjord. “Scope Art Show”. New York, USA
2015 LA Muncipal Art Gallery. “20 Years Under The Influence of Juxtapoz”. Los Angeles, USA
2015 Modern Eden. “Platinum Blend”. San Francisco, USA
2015 Hashimoto Contemporary. “The Moleskine Project 4”. San Francisco, USA
2014 Arcadia Contemporary. “Scope Art Fair”. New York, USA
2014 Thinkspace. “LA Art Show”. Los Angeles, USA
2014 Arcadia Contemporary. “LA Art Show”. Los Angeles, USA
2013 Gallery 1261. “Contemporary Realism”. Denver, USA
2012 J. LeVine Gallery. “Art Basel”, SwitzerlandCURATION
2017 Paintguide NYC. Booth Gallery. New York, USA
2016 Paintguide LDN. Unit London. London, U.K
Henrik's most recent art exibition:
One of his large, building sized pieces filmed as the building was torn down (worth a watch):Video of the tear down:
https://www.instagram.com/p/BVyJuRPDbcL/?taken-by=henrikaau
References to piece for sale on line:
https://www.instagram.com/p/BQ7FLYIj4by/?taken-by=henrikaauProvenance:
Original receipt, business card included with the sale along with the confirmation email that can be forwarded.Picture dimensions:
12.5cm X 18cm
My Ebay listing:https://www.ebay.co.uk/itm/132782469962
In this post apocalyptic world I also accept silver & gold as payment
I see the listing has ended. Did you sell it or were there no takers for this one?
Gold Monitoring Thread £ GBP only
in Gold
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