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ShineyMagpie

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Posts posted by ShineyMagpie

  1. 8 minutes ago, ArgentSmith said:

    swirl detail on queens hair and the rim are likely high points on the coin, these align with marks on capsule.

    I agree, now with the clearer pictures from @JJH it look to be more of abrasion markings, rather than moisture or acid as @James32 and others first thought. To confirm this at least in theory, you could get a compass and measure (carefully so not marking the coin) the circle type ring on the capsule, and see if that alignment to the high spot (and marking) on the coin fit together. Hope that makes sense?

  2. 2 minutes ago, GoldCobra said:

    if the digital currency will be backed by gold or if it will be another form of fiat currency

    The follow up question to that is....if they move to digital currency with they keep making gold/silver coins? I understand that the while technically Britannia and Sovereigns are legal currency they are not really used as such. So will they stop making these all together and just be Gold Silver Bar's?

  3. Quick off the bat with the correct response, TSF is such a great place for just this sort of thing.

    6 minutes ago, Paul616 said:

    I now know more than I did

    Thanks, because now I do too!

  4. 45 minutes ago, impassivecolt45 said:

    idea of the best way to start

    Hello and welcome, There is no fixed "best way" as its different for everyone. Do you want Coins/Bars, Gold/Silver, UK/Foreign, Bullion/Numismatic? 

    That's not me trying to throw lots of things at you, just asking a few questions, that may help to guide your journey into collecting and stacking. Please feel free to ask questions people here are happy to help.

  5. In theory yes if a sudden huge amount of gold was found, refined and flooded the market you would expect a drop in spot price. But that has as yet happened, in fact they are trying to "re-mine" old sites as machinery has become more effective and efficient. Where as the costs of new mining has become increasingly more expensive.

  6. On 21/01/2023 at 15:12, minionsofgold said:

    but non-UK coins seems to be a rarer or not as popular as Sov

    I think this is more of what @Solachesis was talking about. With the increased price in gold (and hopefully steady progression) more people are starting to think CGT wise. Especially if they do lower the threshold I becomes even more prevalent. Meaning that UK coins (Sovereign/ Britannia) become a "easier" sell than foreign coins. That's not to say you can't have any, nor you will not be able to shift them. But if you thinking over time the CGT free coins have to play a part, especially as you have said you have gold bars already and they will use up that allowance.

  7. 15 minutes ago, JamesH said:

    Does make me chuckl

    Did kinda think this, don't get me wrong I guess they are trying to gauge how many to make but since they are limited with bullion as you say pump out (insert number here) then when they sell stamp more?

  8. 5 hours ago, GoldDiggerDave said:

    I can show you a “BU” that’s clearly better

    Please don't think I don't believe you, I wasn't questioning your statement was just saying what was on the video, which less face it is marketing at the end of the day

  9. 2 hours ago, GoldDiggerDave said:

    same equipment as the proof sovereigns

    Hmm in the video (not sure of its date) the use separate dies for the proof. Carved to a deeper depth so more relief is transferred. Then some clear tape, and diamond polish to get the matt and shiny effect on the coin

  10. 11 hours ago, JamesOz said:

    How do you find out what scrap value is? 

    If you look at the top of the page on The Silver Forum (TSF) you can view it in USD, alternatively there are apps such as "Kitco live" will tell you the live price. Maybe useful for yourself can change currency and from Oz to Gram

  11. 3 hours ago, ZRPMs said:

    Currently I only record this info in my annual

    For myself I like to keep a historic track of it for a few reasons A) curiosity B) I can see how much profit or loss I had per coin C) I can see how long I kept it for, to achieve said profit/ loss. Therefore can influence my future descions.

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