ShineyMagpie

I was thinking old 1 penny coin. Bronze composition of which is 97% copper, between 1971 and September 1992. yes premium on silver, but no where near compatible to that on copper. And "emergency" get out, bill to pay and don't have cash (not that I recommend anyone should do this an plan accordingly), I could go to bullion dealer and sell. With copper I could go to a scrap yard and do the same but at a massive loss!

I think it depends on what your investing it for and premium paid. Remembering that copper is less dense than silver (so takes up more room for the same weight) 1kg of silver is £634, compared to 1kg of copper £6.92. Meaning meaning you would (for the sake of simple maths) 100 times the amount of copper to equate to the same silver. So size and storage could definitely become a problem. In fact it's the very reason alot of people switch from silver to gold at a certain point, size weight (and value difference). The only difference here is ots 100 times worse.

CGT will certainly play a part, yes as spot goes up less people will potentially have the disposable income to buy full 1oz coins, but there will still be be that can and will as there is now.

hmm i use a mixture of laptop and phone and have no issues. the format is a little different but that's it. wondering what browser you are using on your phone?

hello and welcome, a happy new year to you too

How about reinforcing you, that you are correct? a Half Sov is much smaller than Silver 1oz £2 Britannia, and well i would say its better.

@Spyder this, was i feel personally part of the problem below: i believe you had put an offer up asking for £1680 (excuse me if figures are off from memory) for the 3 items you were selling, then later post you had said you could get £40 less than that for trade in as "scrap". So buy definition you have kind of eliminated the the offer/barter already. why would someone offer you less when essentially you have given your bottom line. You then later said you got £1000 plus 23oz for the trade. So at your own rate of £21 per Oz you only got a return of (23*21) = 483 + 1000= 1483, thats circa 11% less than your asking price. As others have said 21 per ounce is way under current value for government Oz even @James32 £26 is cheap if a person had recently bought the silver they could /would have paid up to £32 per ounce from a dealer...as you can see this has massive knock on effects. Having had an old coin shop that would sell to you under spot is great, but unfortunately mot don't have this and as such they will attribute their cost accordingly. i belive that offers and barter is a personal thing some like it others don't, but i think many would find a massive under offer potentially offence so would just not bother. goo questions to ask though.

An interesting question, don't there is necessarily a fixed answer. You look at a generic 1oz britannia vs 2 oz queens beast as an example. Even in there base level bullion coin, value appreciated more on the Queens Beast series far an above the PM value. Before taking into consideration Proof, graded coin.

This just sounds expensive,

Very nice, good haul of shiny there!

Yes some people are not a fan of the "newer" colour tone

Wow... err its an " interesting" portrait.

@shabs Hi there are several thibgs to consider, its not a straight forward yes / no answer. So sometimes bars can be cheaper to buy than coins (not always) some people only only stack coin or bar, some both its all preferences. Depending on your intentions UK gold coins are CGT exempt which can affect some peoples decisions on what they want to get. Buying close to spot means you are targeting "bullion" coins, not proof or special editions. This could be considered heading towards numismatics. Bullion is worth its weight in precious metals, numismatics coins have a high premium over spot and are for "collectors". I'm para phrasing and potentially over simplifying slightly, but hopefully this gives you an idea, so you can do some of your own research before committing to what you want to buy. Happy to voice my opinions, but they are just that.

Hello and welcome

23ct? 😝 Interested to hear others views though regarding size difference.

Yeah I does seem interesting,wondering if lots got melted down from the old " we buy your gold" stools that popped up in shopping centres a few years ago. As you say 3/5% feels about right to me but hey I know I have also spent more than that so I'm my own contradiction 😅

What about me, do I? 😝

Following for interest @Ron77 if you do a sales post please feel free to tag me in it 🙂

Go rogue, invest it all in one rare numismatic coin and hope I increases in value in a year's time....only joking I think others have offered sound advice.

Of course not knowing your financial state, but an option could be for you to put up a sells post on here selling the oddity coin vs blister. Those that were interested could buy it and then use the funds to re buy a new coin from the mint again? just a thought

This right here is what is also good about he forum, people be humble and honest. its not easy to admit to mistakes we make and even less so when there is a financial element also but it proves we are also human and hopefully lets others learn.

Hello and welcome, please do ask questions there are lots of knowledgeable people around that can probably help answer.

Yes some people collect for just hobby, if your doing it purely to hedge against inflation, you have also then kind of said what sort of thing you want to collect. You do not want special release coins or numismatics coins. You want to try and buy as close to spot as possible for your transaction gold +3/5% depending on size of item silver will be more due to VAT etc so potentially spot plus 50% As for the not being able to sell, we'll if there is complete currency collapse that is a potential, but then what would you want the fiat money for anyway? What can happen is people need to sell gild/silver due to unexpected bill and have no fiat money so may not get desired price due to needing money now. One thing i can say is, Nothing is certain everything has an amount of speculation to it. If it was guaranteed everyone would do it. Not financial advice just my thoughts on the matter

Hmm interesting, I have not heard of 4K gold before, that's no to say it doesn't exist. The markings that are there are clear and defined. There is a chance it was marked 14K but I believe due to how it has been marked compared to rest that someone has tried to "scratch in" a 1 to make it 14k. Not enough width for it to be a 2 (24k). If you are not too precious about the ring take it to a jewelers, they can do an acid test to confirm 14k or not. I'm not an expert just offering my thoughts, be interested to hear others.

Oww I actually find it interesting, would keep the coin myself. In this instance would keep it in the blister also (can keep the invoice if it makes you feel better) the coin quite clearly states what it is. I think it makes it a quirky error, I do understand it messing with your OCD though.