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ShineyMagpie

Member
  • Posts

    352
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  • Trading Feedback

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  • Country

    United Kingdom

Reputation Activity

  1. Like
    ShineyMagpie reacted to James32 in How much would you pay for this   
    Buy it if you personally like it. Not a bad price at all.
    As for liquidity, buy a 1oz Britannia for similar money ( more silver and more liquid)
  2. Like
    ShineyMagpie reacted to HillWalkerDundee in $28 usd for one ounce silver round - can i have it shipped to the UK? what costs apart from shipping are there?   
    I have just received four one ounce silver rounds , originally Canadian, which, including Special Delivery, came in at 28GBP each. The items, in great condition, were purchased from a TSF member. 
    There are many items that I would love to purchase but I would rather wait and purchase from here rather than deal with the aggravation of importing.
  3. Like
    ShineyMagpie reacted to westminstrel in Marsh 2019 sovs MIA?   
    I don’t know if that is accurate as the RM itself states that the bullion and Brilliant Uncirculated strikes are different.
    In any case, for 2019 and 2020, the Brilliant Uncirculated Sovereign was a matte finish unlike the bullion.
    As an authority on coinage, Marsh shouldn’t be simply glossing over these nuances because this is precisely the type of information people are searching for.
  4. Like
    ShineyMagpie reacted to Orpster in Sharps Pixley   
    Yes, they are sound as a pound
  5. Super Thanks
    ShineyMagpie got a reaction from J12Tola in New Member from the UK   
    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
  6. Like
    ShineyMagpie reacted to ZRPMs in inventory management   
    I've wondered if I should add something like this to the inventory sheets. Currently I only record this info in my annual accounts and once sold I remove the item from the inventory.
  7. Like
    ShineyMagpie got a reaction from ZRPMs in inventory management   
    For myself I like to keep a historic track of it for a few reasons A) curiosity 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.
  8. Like
    ShineyMagpie got a reaction from ZRPMs in inventory management   
    i run mine similarly to others, as i mentioned in a previous comment i use excel and a accountancy book, for those that are interested book wise i use a " Collins Ideal - A6 Single Cash Book (Ref 411)" provides lines and columns so you can put seperate info.... in my case @ZRPMs Item number (everything gets a sequential number, so i can cross reference and label on item), Date purchased,  Item Description, Gold/ Silver/ Other,  My buy price (including postage etc as that what i have tied up in the item), Sale price (when i have sold an item)
  9. Like
    ShineyMagpie got a reaction from ZRPMs in inventory management   
    I use a small accountancy style book, so I can put date, item, where, how much. Its pocket size so I can then carry it with me if I wish. I also then number items sequentially as I add, this also then correlates to an excel document. I then put a tiny sticker on coin case so all things tie together. That's just me though.
  10. Haha
    ShineyMagpie got a reaction from AuricGoldfinger in 2022 Sovereign design revealed?   
    Sure the number on the card is 3147 86.... hang on a minute 
    Is this safe to do 😝
  11. Haha
    ShineyMagpie reacted to James32 in Silver Monitoring Thread £ (GBP) only.   
    It's a 10 year plan okay..
     
  12. Like
    ShineyMagpie reacted to stefffana in Gold Monitoring Thread £ GBP only   
    I think gold will be over £1560 this weekend.😊
  13. Like
    ShineyMagpie reacted to stefffana in Gold Monitoring Thread £ GBP only   
    Yep. I couldn't find it on any dealer, but apparently this is the coin:

  14. Like
    ShineyMagpie got a reaction from katyc in Gold Monitoring Thread £ GBP only   
    Interesting to see, people ask will we ever resort back to a gold standard and well according to the Kito article here: https://www.kitco.com/news/2023-01-18/Zimbabwe-s-gold-coins-now-cost-more-than-2-000-each.html
    Zimbabwes introduction of a gold coin to try and slow down the rate of inflation has been well recieved.
  15. Like
    ShineyMagpie reacted to Charliemouse in Photographing gold so that it looks like gold - Part 2 (more advanced techniques)   
    Good white balance, because there's plenty of grey in the picture for it to lock onto.
    As I mention in the other article, a big problem you will have when magnifying is loss of depth of field.  Keeping everything in focus will be very difficult.  And of course you are getting a lot of barrel distortion.
    What phone are you using?  Just try taking the picture from far enough away that it can focus, and then crop it.  Anything with 10 million pixels or more will probably produce results good enough to sell the coin.  If you want something better, you are probably asking too much of a phone.
  16. Haha
    ShineyMagpie reacted to Charliemouse in Photographing gold so that it looks like gold - Part 2 (more advanced techniques)   
    I'm afraid you are in the advanced tutorial - we don't do too lazy.  🤣
  17. Like
    ShineyMagpie got a reaction from Charliemouse in Photographing gold so that it looks like gold - Part 2 (more advanced techniques)   
    Well I tried something different, and held a loop in front of the camera and cropped the image after, it's not by any means perfect, but I thought I would try 😅

  18. Haha
    ShineyMagpie got a reaction from Charliemouse in Photographing gold so that it looks like gold - Part 2 (more advanced techniques)   
    Thanks for the answer, sorry to throw of topic but thought it would add to, so I can get my silver gold to gold, but then also in focus sensible image for a 1/20 or whatever size coin
  19. Thanks
    ShineyMagpie reacted to Charliemouse in Photographing gold so that it looks like gold - Part 2 (more advanced techniques)   
    This is a bit off topic, but briefly...
    Macro photography requires a camera capable of focusing close to the subject - it's a physical / mechanical property.  If the lens on the phone is physically unable to do that, no software is going to fix that.  That said, the last couple of generations of flagship mobile phones have had lenses with close focus capability, so it is possible that there are specialised third-party software apps to make use of this.
    Another possibility is that the applications are calling themselves macro as marketing, and are not true macro.  They allow you to crop in on the subject, as almost any software does.  The word "macro" is used loosely in a lot of photography marketing.
    To specifically answer your question about good, third party camera apps, Open Camera is very well respected and supported.
    Finally, there are physical macro lenses that attach to the phone.  I discussed this in another thread:
     
  20. Like
    ShineyMagpie got a reaction from BullionBob in Offered a gold investment deal, wanting opinions if possible   
    This was my thoughts exactly 
  21. Thanks
    ShineyMagpie reacted to dicker in Spotting Precious Metal Scams   
    Hi All,
    I thought it would be useful for to add a thread on gold / precious metal scams.  
    There have been a few questions posted over the last year that indicate that some new forum members might be being scammed or are thinking about taking part in a "venture" that is is a scam....or worse being used to launder money.  This post can be used as a 'lookup' for new members and also for forum members to flag any scams that they have seen.
    Forum members, please do flag up scams or any other advice that would be helpful to people.
    Best
    Dicker
     
    The "Hook"
    A gold scam is the same as any other scam - someone is trying to entice you into parting with your money for a product that does not exist and you will never receive.The 'hook' to catch your interest is often the prospect of making significant money by buying gold at a discount.  Margins on PM's are tight and you will find that even miners in remote regions of third world countries know the price of gold!
     
    Types of Scams
    Financing the importation of gold - Where there is a spurious source i.e. Gold looted from from Saddam, Gadaffi, ISIS, a corrupt mine manager etc  Financing the purchase and sale of gold in another country  - You are invited to fund the purchase and sale of gold using a bogus tax scheme - you are supposed to get the profits when the deal is completed Buying gold dust - "left over" from a mine crusher, smelting plant etc Buying from an fraudulent online dealer - Who has just setup shop and is selling gold at a deep discount Buying from a corrupt politician / government employee - Who just happens to have access to a load of gold Tax avoidance - Funding the purchase and sale of PM's across different tax jurisdictions with you taking a cut of the profits My client wants to buy a lot of gold - Or a bullion dealer, or a refinery.  This is essentially where a victim has been "won over" by a scammer and is then being used to scam others.  We had an example on this forum a while ago where a member was enquiring about buying vast quantities of gold (central bank quantities) or a large refinery...  I think in the end the forum member left, still thinking that we were wrong and she was had a client who wanted that quantity of gold..... Money laundering - You are used to move money around using your bank account (private or company), on the premise you are dealing gold, whereas you are moving money that comes from the proceeds of crime (mostly drugs)  
    No one would fall for that right?
    Sadly people do, and more frequently than people think - especially senior citizens.  Many scams are extremely elaborate, well planned and well financed, with months or years in the making.
    Sending a sample as a 'convincer' - To convince a victim that they are genuine, it is not unknown (but not common) for a scammer to send a sample of gold to a victim for testing.  "Keep the 1/10th ounce sample, we have lots more......" More common is a video or documentary evidence of gold being tested with a piece of paper with your name on.  The gold may be real or may be totally fake, but you won't know Most frequently, stock photos of gold seem to be used as part of scam - using Google Image Search or Tineye is good for searching for the picture to see if it has been used elsewhere Pushy People - Frequently scammers are pushy, with a time frame and deadline put in place to pressurise you to handover cash Scammers are not necessarily pushy, and are willing to play the long game - for example selling a victim 2oz gold at 30% under spot, then waiting for the victim to say - lets do it again with 30oz's Documentation and Websites - Are sometimes surprisingly well put together, and enough to fool a non-expert Wire Transfer - Having a BIC Code and asking for payment by SWIFT MT103 dent mean the recipient is genuine  
    Spotting Scams
    Stranger danger - The majority of fraud against an individual is carried out by someone not known to them (but there are of course exceptions) Too good to be true - buying PM's significantly under spot doesn't happen - the market is too 'tight' with margins and pricing to match.  (Check the Forum Sale section - you are lucky if you can buy gold for Spot!) Dubious legality - Some scams purport to be close to the law, or in breach or it in order to make money, or someone says they have found a 'loophole'.  Example smuggling gold to avoid tax, claiming tax rebates on gold in another country Urban Legends - Were you hear of gold discovered and belonging to Gadaffi, Hitler, Saddam, that was left in a bank or looted only to be found by the scammer Government Involvement - The person you are dealing with purports to be a government minister, judge, central bank officer - they will not be, even in very non-democratic countries Payment by Western Union, Moneygram - these are immediate red flags.  Both of these companies have implemented checks for 419 scams (sending cash to West Africa and elsewhere) but it remains essentially an anonymous way to receive funds  Cash - To date, all of the scams that I have seen have involved the victim sending cash (physical or by wire) rather than precious metals, but this may not always be the case Google is your friend - Google the name of the company and the person you are dealing with - it doesn't take long to find that (or example) Judge Thomas Mensa of Ghana is in fact deceased, and not in possession of $USD20 million of gold he wants to sell to you at a discount (Mail I received last week...) Your personal information - Scammers often want your personal details ASAP The location of the scammer - From what I have seen (and I appreciate this is anecdotal) a large proportion of the gold scams originate from West Africa, and particularly from countries where 419 Fraud is common  
    The following is a good watch and explains why people get caught out and then cannot stop funding a gold scam.   
     
  22. Like
    ShineyMagpie reacted to daca in Hi friends, I found this silver 1 oz Britannia Elizabeth II Silver Coin | 2023  - for £22.80  -   what do you think?  good buy?   for investment purposes .   
    https://www.silvertrader.uk/product/2023-silver-britannia-1-oz-silver-bullion-coin/
    with free shipping 🥳
  23. Like
    ShineyMagpie reacted to Gordy in Hi friends, I found this silver 1 oz Britannia Elizabeth II Silver Coin | 2023  - for £22.80  -   what do you think?  good buy?   for investment purposes .   
    and if you type in bankpayment on coupon code you get a 1.4% reduction for doing direct BT
  24. Like
    ShineyMagpie got a reaction from Petra in ngc graded coins.   
    May also have some joy if you put up a "wanted post" in the buy sale section. Giving the years you want and potentially the cost you expect to pay for it. May get a better appetite.
  25. Like
    ShineyMagpie reacted to MrStacker in UK Royal Mint Packaging - Any benefit to keeping it unopened?   
    I don't see any benefit to be honest of keeping them in those white cardboard covers. With the RM - it is always neccessary to check the condition of your coins/bars. I could never leave them "sealed" until a potential resale.
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