ShineyMagpie

12 minutes ago, James32 said:

If we are both wrong.. probably best we join another forum 😁

I will pre-emptively get my coat

My guess (and it is just that) coin 1 is fake, coin 2 is real.

1) has clear definitions around edges of image but details lost especially in the face and the background behind the springbok 

2) looks to have coin ware as apposed to just pour definitions on the front foot of the springbok. And still more definitions and detail on the rest of the coin.

Happy to be wrong, all part of learning.

5 hours ago, sovereignsteve said:

accepted definition of the "whole" is confusing

Yes that makes sense, without a source of reference, what are you talking about. I suppose the exception may be if you don't mind, e.g. walking into a dealer an asking do you have any fractional silver? I don't know if this acceptable vernacular or not?

1 hour ago, Orpster said:

QB's 2oz silver is a good example

Yes, I must admit I am one of thoese guilty parties. I am currently after "The red dragon of Wales"

1 hour ago, flyingveepixie said:

I agree with you

I'm glad that my babbling made sense to someone 😅

39 minutes ago, shabs said:

or bars

Bars may have a lower premium sometimes, however they are not CGT free.

40 minutes ago, shabs said:

are other country sovereigns also CGT

No & yes. CGT rules apply as the coins are uk legal tender. An sovereign that was minted in SA (South Africa) while technically could be classed as foreign would still be CGT free. However Coins (including pre- 1837 sovereigns) which are not legal tender are not currency therefore not CGT exempt.

4 hours ago, dicker said:

There are micro trends - for example, some people pay a bit more for some coins in a series because they are collecting a serie

Yes this makes sense also, seen this in some series coins, when people start collecting later and the original in the series has a much higher premium.

3 minutes ago, Anteater said:

"fractional" for gold (so far as stackers are concerned, at least):

a. anything smaller than 1ozt; and

b. simple fractions of 1ozt

This is what my simple head was trying to say, but @Anteater has put it far more eloquently 

Hmm when do the Chinese fakers start internal competition and fake the fakers..... does this then become fake Chinese whisper?

@James32 made sense in my head 🤣

58 minutes ago, LawrenceChard said:

cautious about testing "dust", as I have been watching His Dark Materials

Haha, not sure its that kind of dust!

On 08/01/2023 at 22:20, Roy said:

Do you ever/have you ever referred to 'the half sovereign'?

Yes, when I'm talking about a half sovereign. I'm guessing I have misunderstood your question here?

I do understand how/why some people could refer to a sovereign as fractional. If you were talking a 1oz coin, by comparison then sovereign is "fractional" but I do also think a sovereign is a full coin, and therefore can't be fractional. 

I do believe some gold leaf I made by hammering pure gold so thin, as to make it gold leaf.

Wondering if you could do a standard acid test as you would for gold jewelry to establish if its pure gold. I suppose them the question is, is it worth its weight in gold?, more than / less than? I'm not sure but certainly interesting.

2 minutes ago, Roy said:

Yes, and as James rightly says, don't bother here, use a third party

Makes sense. Me neither but I presume that's the case also. As well as discussing commission they charge for it.

15 minutes ago, James32 said:

But a membership pays for itself monthl

Yes, I can see a lot of sales post that are completed before I get to see them. (I understand the irony in what I have just written.

9 minutes ago, Roy said:

Difficult to price that. Maybe an auction is best, i.e. let the market decide

Certainly, I suppose the only problem with this is if you think/expect you will achieve a certain amount and others do not see it as such. With no reservation function you could end up disheartened.

9 minutes ago, Orpster said:

you will see I have sold a lot of special reverse sovereigns

Feel free too tag me in your next sales post

1 minute ago, James32 said:

Just by checking the sales thread regularly tbh. You will see what sells quick and you will also see who tend to only sell bumps 😁

Your just trying to get me to upgrade to premium membership aren't you 🤣😝

4 minutes ago, Orpster said:

Special reverse sovereigns will be a bit more, and I will generally look at what they are going for but often dealers (IMO) overcharge so I don't tend to go much more than £40 over spot (£25 on halfs)

Thanks for your imput, I will certainly look out for any of your future sales. I tend to agree that some dealers overcharge for "special reverse", but they are a business and if someone is willing to pay it and they can make a profit makes sense.

@Paul thanks for that, certainly following trends and having the knowledge makes it an easier thing to do.

13 minutes ago, James32 said:

There's no set price, just try and be fair at all times,the rest will take care of itself. 

Simple yet solid advice 👍

13 minutes ago, Gordy said:

i'm a simple soul and dont overthink it

I definitely can relate to this, but yes I do get that over time you just get a 'feel for it', I suppose part of the question is how do you build up that.

12 minutes ago, Petra said:

more than I paid for if selling

We all hope to make that bit of profit, for the enviable future purchase 😀 

I was just wondering the aforementioned, how do people as sellers price their goods & and how you as the buyers decide if its a good price or not? 

Obviously there is the spot price of gold/ silver available for all to see. But say for example you were selling a generic Sovereign. Looking around the Internet £385 for value Sovereign seems a fair price. Now as a seller do you match that price? As a buyer would you rather buy from an established seller (with all the extras this gives) for the same price?

Just curious to hear people's thoughts both as buyers and sellers perspectives.

(P.S. I'm not currently trying to sale anything.)

Hmm.... a "silly mistake", or intentionally misleading sales pitch your opinions here...