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TeaTime

Member
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  • Country

    United Kingdom

Reputation Activity

  1. Like
    TeaTime got a reaction from Foster88 in A change of monarch, what happens to the currency?   
    You could still spend a George III shilling in the UK up until the coin size changed in 1990...
    A change of monarch has historically made no difference to UK currency. Who knows though, maybe this time it could act as a catalyst for the removal of a great deal of UK shrapnel 😁
  2. Like
    TeaTime got a reaction from dicker in 1897 s 1/2 sovereign   
    That's the trouble with 'book price' - it's just a guestimate of the value based on previous sales. The reality can often be hugely different and prices can change over a 24 month period based on popularity and area. Still, it's a starting point and a guide to what a coin has realised historically.
    I still think £360 is a bit strong. But i'm not a halfy collector so am completely ignorant of the market. All i know is condition is everything when buying numismatics and the example in the pictures is mid-range for condition so shouldn't command too high of a premium.
  3. Thanks
    TeaTime got a reaction from CollectorNo1 in 1897 s 1/2 sovereign   
    That's the trouble with 'book price' - it's just a guestimate of the value based on previous sales. The reality can often be hugely different and prices can change over a 24 month period based on popularity and area. Still, it's a starting point and a guide to what a coin has realised historically.
    I still think £360 is a bit strong. But i'm not a halfy collector so am completely ignorant of the market. All i know is condition is everything when buying numismatics and the example in the pictures is mid-range for condition so shouldn't command too high of a premium.
  4. Like
    TeaTime got a reaction from Zhorro in Recycled 2021 Silver Penny from the Royal Mint   
    Hmm, if they are making them to order i may get another. Historically every coin i have ever bought from the RM that was minted to order has shot up in value... Obviously this is assuming they don't get 50,000 orders !
  5. Haha
    TeaTime got a reaction from Scootermuppet in Sterling silver morse code bracelets.   
    No explanations were given - I didn't want to spoil the surprise !
  6. Like
    TeaTime got a reaction from Scootermuppet in Sterling silver morse code bracelets.   
    I made a few of these a couple of years ago - mostly with swear words - and gifted them. Sterling silver beads and tubes with a bit of fishing line and a couple of catches....
    I'm a bit dismayed that they're now 'mainstream' !
  7. Like
    TeaTime got a reaction from longmore in Why are people stacking Silver over Gold when there is a VAT on silver?   
    Exactly this.
    All the negativity around VAT is on the assumption that you will sell at spot price rather than market value. It's nonsense.
     
  8. Like
    TeaTime reacted to jvic in Recent submission: 1756 Ducaton KM-90.3 Flowered Edge PCGS MS63   
    So I bought this 1756 Ducaton raw for a killer of a price and I sent it to PCGS. I was only expecting an AU 58 so when the grade came back MS63 I was amazed by it. These are harder and harder to come by especially one with original toning.

  9. Haha
    TeaTime got a reaction from HerefordBullyun in Sterling silver morse code bracelets.   
    No explanations were given - I didn't want to spoil the surprise !
  10. Haha
    TeaTime got a reaction from HerefordBullyun in Sterling silver morse code bracelets.   
    I made a few of these a couple of years ago - mostly with swear words - and gifted them. Sterling silver beads and tubes with a bit of fishing line and a couple of catches....
    I'm a bit dismayed that they're now 'mainstream' !
  11. Haha
    TeaTime got a reaction from MickB in Sterling silver morse code bracelets.   
    No explanations were given - I didn't want to spoil the surprise !
  12. Like
    TeaTime got a reaction from Skyfiller in Sterling silver morse code bracelets.   
    I made a few of these a couple of years ago - mostly with swear words - and gifted them. Sterling silver beads and tubes with a bit of fishing line and a couple of catches....
    I'm a bit dismayed that they're now 'mainstream' !
  13. Like
    TeaTime got a reaction from MickB in Sterling silver morse code bracelets.   
    I made a few of these a couple of years ago - mostly with swear words - and gifted them. Sterling silver beads and tubes with a bit of fishing line and a couple of catches....
    I'm a bit dismayed that they're now 'mainstream' !
  14. Haha
    TeaTime reacted to daca in Small defect in 2021 1oz silver Britannias   
    that is the check mark from the quality control guy
  15. Haha
    TeaTime reacted to HillWalkerDundee in Managing Inventory As a Dealer   
    So, if you had two batches of, say, 1 ounce Britannias. Each batch was at a different price, say, 50 of one batch and 50 of the other batch. If I came in and asked for 100 Britannias, would you sell me 50 at one price and 50 at another?
  16. Haha
    TeaTime got a reaction from TonyBCN in ‘Limited Edition’ Silver Coins   
    I loathe coins that have pictures printed on them. In my view you either collect the coin or buy a picture, combining the two has zero appeal.
    I often have a little groan when i see mints (the RM especially) issuing coloured coins. Silver will tarnish over the years, what are they going to look like in 20 or 30 years time ? In my head i picture those hazy, green tattoos that can be seen on pensioners arms. You know the ones where you get caught staring at whilst trying to decypher what they once represented (or maybe that's just me)....
  17. Haha
    TeaTime got a reaction from 365DaysofSilver in ‘Limited Edition’ Silver Coins   
    I loathe coins that have pictures printed on them. In my view you either collect the coin or buy a picture, combining the two has zero appeal.
    I often have a little groan when i see mints (the RM especially) issuing coloured coins. Silver will tarnish over the years, what are they going to look like in 20 or 30 years time ? In my head i picture those hazy, green tattoos that can be seen on pensioners arms. You know the ones where you get caught staring at whilst trying to decypher what they once represented (or maybe that's just me)....
  18. Like
    TeaTime got a reaction from Slam in Holiday in America   
    £390 allowance currently (i googled it)  😁
  19. Like
    TeaTime got a reaction from Slam in Holiday in America   
    I came back from Florida in 2018 and 2019 with a tube of eagles in my hand luggage. Waved through both times. I didn't check beforehand if there was a set allowance and assumed that for such a small amount it would be fine. I know that under £10,000 doesn't have to be declared.
    The £10,000 limit is for notes and coins. Eagles are coins - the only contention is the value. Are they one dollar or are they spot price of silver ?
  20. Haha
    TeaTime got a reaction from Scaffstacker in ‘Limited Edition’ Silver Coins   
    I loathe coins that have pictures printed on them. In my view you either collect the coin or buy a picture, combining the two has zero appeal.
    I often have a little groan when i see mints (the RM especially) issuing coloured coins. Silver will tarnish over the years, what are they going to look like in 20 or 30 years time ? In my head i picture those hazy, green tattoos that can be seen on pensioners arms. You know the ones where you get caught staring at whilst trying to decypher what they once represented (or maybe that's just me)....
  21. Like
    TeaTime got a reaction from Bruce06 in ‘Limited Edition’ Silver Coins   
    I loathe coins that have pictures printed on them. In my view you either collect the coin or buy a picture, combining the two has zero appeal.
    I often have a little groan when i see mints (the RM especially) issuing coloured coins. Silver will tarnish over the years, what are they going to look like in 20 or 30 years time ? In my head i picture those hazy, green tattoos that can be seen on pensioners arms. You know the ones where you get caught staring at whilst trying to decypher what they once represented (or maybe that's just me)....
  22. Haha
    TeaTime got a reaction from greendragon in ‘Limited Edition’ Silver Coins   
    I loathe coins that have pictures printed on them. In my view you either collect the coin or buy a picture, combining the two has zero appeal.
    I often have a little groan when i see mints (the RM especially) issuing coloured coins. Silver will tarnish over the years, what are they going to look like in 20 or 30 years time ? In my head i picture those hazy, green tattoos that can be seen on pensioners arms. You know the ones where you get caught staring at whilst trying to decypher what they once represented (or maybe that's just me)....
  23. Like
    TeaTime got a reaction from Griffo in Why are people stacking Silver over Gold when there is a VAT on silver?   
    Exactly this.
    All the negativity around VAT is on the assumption that you will sell at spot price rather than market value. It's nonsense.
     
  24. Thanks
    TeaTime reacted to sixgun in Why are people stacking Silver over Gold when there is a VAT on silver?   
    i am in Spain - i have not bought from GS.be or elsewhere on the Continent whilst i have been in Spain - i see GS.be advertising Britannias at 22.67€ (£19.41)- technically they should add VAT on since 1st July 2021 but go to checkout it says 0.00€ tax. i very much doubt any tax would be levied by Spanish customs if i ordered, not for a package coming from the EU. If i were buying a good lot, i could take a trip to GS.be and just pick it up.
    i still buy silver but in England and have it stored in England. i am addicted and so i still buy silver and will keep buying silver. I get nearly all of it off the Silver Forum. No-one is charging VAT here - so there is no VAT. They are charging a price that i could turn the silver round at and sell again on TSF. So what is the issue?

    People pay a price on TSF. Unless they have overpaid or the silver price dropped hard they could sell it again at that price. It doesn't matter if there is VAT in the price or not if you can sell it at that price. People talk as if they buy all their silver from dealers and then sell it back to dealers at under spot and so lose all the VAT and premium they paid. Who is doing that? Please step forwards and then explain why you are doing that. i accept if you are in a mad hurry to sell then you can get a quick turnaround but otherwise i don't understand all this talk about VAT. There is no reason to be 'underwater', unless you are Marine Boy.
    Very recently i have bought a lot of silver. i buy it on Kinesis. i don't pay VAT - there is no VAT. i can sell the silver - i can sell it for crypto, EUR USD, GBP and KAU (gold). i even get a yield on the silver i hold and the first yield should be paid out next week.
    i believe silver will appreciate a lot - a hell of a lot in the coming years - but i am probably well known for that belief. i can get more silver for my money with Kinesis. It is about £16.70 on the Exchange, although i always buy in USD.
    For me i could buy like the pre-Brexit times from GS.be, i do buy at good prices on TSF and i also buy at trade prices on the Kinesis Exchange.
    i keep buying silver - Silver will go to the Moon. It is not a matter of if, it is simply a matter of when.
  25. Like
    TeaTime reacted to SidS in Why are people stacking Silver over Gold when there is a VAT on silver?   
    I want to paraphrase something Maloney said in one of his videos on the History of Money. He asked a room full of children which was the odd one out - when shown a picture of US dollars, Monopoly money and a $20 gold coin. They said something along the lines of 'the gold is money because its valuable, the others are just paper'.
    Young children are less conversant in the doublethink of modern society and less articulate with repeating semi-truths or even non truths. There is no filter, they just say it as they see it, with little recourse to how their friends/society might always view them.
    Now whilst I don't claim to be a Maloney follower in the sense that gold/silver are going to the moon, the anecdote resonated with me.
    I've always loved history, and I first became interested in coins as a young child. I blame my gran who was frugal and taught me to save for a rainy day. So yeah I developed a love of money both current and historic. My dad had previously collected coins, mostly farthings, but had some 1887 silver coins too. He gave them me, c.1989/1990. Well that was it, I took a keen interest.
    Even as a young kid though I quickly took a shine to gold and silver. He asked me if I want to collect copper/bronze coins and was met with a flat refusal.
    In my head the distinction was clear, there's good - quality money, and there's base metal junk. I even looked down my nose at 50% silver as if it was some kind of con trick.
    I don't know where this sense or attitude came from but it felt natural, that gold and silver were inherently precious (maybe I'd watched too many Indiana Jones/Goonies type films).
    So why do I collect silver? Simply because I always have. I believe silver to be pretty, intrinsically valuable and historically interesting and I like the way it feels.
    So why not gold? I can't afford it, is the simple answer. I could (and did) when it was sub $350 an oz. But I sold off what I'd bought in around 2009/2010 just before the peak of the market, made a nice profit too. I haven't bought any since as it's out of my price range.
    As for VAT... Buy eight, tenth or twenty-sixth hand silver.
    All my silver is over 50 years old.
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