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firestacker

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firestacker last won the day on August 7 2019

firestacker had the most liked content!

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  • Gender
    Male
  • Location
    UK
  • Stacker/Collector
    Stacker

My Precious Metals

  • What I am collecting / Investing in
    Gold, silver and platinum but I invest in many other things!

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  1. Thanks @ilovesilverireallydo yep. It's not just the reeded edge that raises flags for me, as others have mentioned the dimensions are not right and neither is the weight as well as the lack of detail behind the neck is a concern. I'm still in the process of resolving this but I have returned the coin.
  2. Thanks guys I've returned the Indian head. I'm in the process of either getting a refund or exchanging for a different one.
  3. Thanks guys. Assuming the dealer is telling this truth and this is 90% gold why would a common year Indian head be faked with the same amount of gold when it doesn't have a special mint mark? Ping test below for those interested: https://youtu.be/hYzATUXIRF4
  4. True, they aren't the best. I'll look for something better👍
  5. The seller who is a gold dealer who does a lot of gold coin trades has claimed to XRF tested it. He appears to be legit and is offering a refund. The dealer says it was purchased through a coin auction in the states which I imagine would also have some checks involved. I did actually try and do a gravity test on the coin but to be honest I don't trust it for this small of a weight. The measurements for the coin in the water are so minute that any small difference changes the number drastically. I will have a go on my other small coins to see if I get the same sort of numbers. I'm not getting numbers in the 17's for either of my indian heads, maybe they're both fake 😅 I have done the ping test on both and both ping nice high and long.
  6. Thanks Dicker, yeah they are tricky coins and it is a good point. Either buy from 100% reputable sources or only buy slabbed. They are such lovely coins and are generally hard to come by in the UK so my fingers on the buy button tend to be a bit too snappy 😅
  7. So today I received a $5 Indian head from a dealer and to be honest I'm paranoid this might be fake. In all fairness the previous Indian I bought years ago gave me the same sort of paranoia so maybe it's just me. My concerns: - Faces are faded which could be wear but the reeded edge is well defined almost with an overlip (maybe it's an error) - Details behind the neck are weak - Coin is underweight at 8.2g and dimensions seem wider too. I don't know what tolerances are acceptable but NGC specs are 8.36g, 21.6mm diameter, 1.4mm thickness Any experts on here?
  8. Before covid the only thing I paid £24oz was for a pamp 1oz bar. I think I paid too much for it at the time. I wouldn't call it special either. All my other premium stuff maxed at £23oz but mostly were £21oz. Premium stuff are things like Geiger, Scottsdale, Mk Barz etc.
  9. This is going to be subjective as the spot prices moves but in my opinion spot ranged around £12.50 a lot and your standard one ounce Britannia would cost £16.50 on here. That's a 24% premium. Premiums on this stuff have definitely widened since covid. Lots of people asking £24 Oz on things which are not that special.
  10. Due to covid-19 I've been waiting on some of my silver to arrive for months so I haven't been able to post anything until now. Silver has gone up since 🙂
  11. Just holding off at the moment unless I see a great deal. Silver is too crazy right now with its sky high premium and lower spot price. Seems like ~£20 is average price for 1oz silver right now whilst the spot price is £12.35. People jumping in on facebook groups to buy any kind of silver tells me all I need to know. I wish I bought more gold when it was hovering around £950oz 😅
  12. So I bought a lovely gold buffalo from a fellow silver forum member here quite some time ago now and I've always been baffled by the grading NGC has given this. They've graded this as PF 64 which is defined as: "Average or better strike with several obvious marks or hairlines and other miniscule imperfections." Can anyone see any obvious marks or harlines with this because it looks flawless to me. I can't help but think the grader was just having a bad day 😅 One day I will get this regraded I think.
  13. Funds aren't my style. I just opt for large cap stocks in companies I feel like I understand. It's the same sort of reason why I opt for physical bullion instead of gold & silver ETFs. I want the control and don't feel like paying a fund manager an annual fee for something that's relatively straight forward and I can do myself. If you're looking for things to buy think about all the companies your money ends up going to and have them start paying you. Of course there are valuations to bear in mind but this should just be a way to get started.
  14. Close up here, what's interesting is the face looks different to the graphic version. There are no sun rays behind the queen.
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