Jump to content
  • The above Banner is a Sponsored Banner.

    Upgrade to Premium Membership to remove this Banner & All Google Ads. For full list of Premium Member benefits Click HERE.

Shinus73

Silver Premium Member
  • Posts

    1,946
  • Joined

  • Last visited

  • Days Won

    8
  • Trading Feedback

    100%
  • Country

    United Kingdom

Posts posted by Shinus73

  1. My approach to silver and gold has evolved over the years.

    I started out as a stacker of the cheapest possible bullion (coins mostly) and was initially entirely disinterested in proof coins.

    I now mostly stack / collect graded proof 1/4 oz gold, sovereigns etc, although my silver purchases still include a lot of 10 oz bars and junk silver.

    Some observations for graded coins (in the UK):

    Stick to Royal Mint coins, despite the frequent problems - many people will fawn over your lovely Libertads, but nobody will pay what you want for them.

    Never pay RRP for proof gold 1/4 oz coins from the Mint - wait a couple of years and you will pick up the same coin (graded) for significantly less.

    Always pay RRP for special design Sovereigns from the Mint - wait a couple of years and you will pick up the same coin (graded) for significantly more.

    Silver - unless you get a PF70, the best you will do is get your money back.

    Stop buying and grading proof silver coins (this is a message I really should listen to, but won’t).

     

     

  2. 1 minute ago, richatthecroft said:

    I think what's affecting supply on the Secondary market, aside from perhaps people hanging on to them following Her Majesty's passing, is that people who bought from the Royal Mint are still waiting to receive the first issue!  As exemplified by @Shinus73's frustration.  I only received my third coin issue on Thursday this week.  I think patience will be the key to getting this series collected up.  

    I also received the third issue on Thursday, returned for a replacement on Friday.

  3. On 03/10/2022 at 18:23, Shinus73 said:

    If the last 10 years are anything to go by, it will be down a minimum of 10% from here by Friday.

    If I’d said next Friday, I’d have been spot on.

    Consistently, if the bad news is very bad, it’s good news for everything except PM’s. US inflation at the top end of expectations, 10 yr treasury note yields above 4%, DOW down 600 points at the open. The banks know more money printing is on the way, buy stocks, sell PM’s.

  4. 4 hours ago, Essendie said:

    Thanks @Darr3nG, I have no plan to sell them unless I have no choice sometime in the future.

    Do you know why they never seem to be for sale in the packs except at the Mint?

    I understand with the coins, where people may have bought by the tube, but things like the 1oz 3 graces bar are all over the place not in the packet.

    I missed the Una & the Lion one which I would have liked to get, but only see it for sale elsewhere in a clear little plastic box if at all.

    The Mint selling bullion sealed in cards is a recent development. Therefore, the vast majority will not be sealed in packaging.

×
×
  • Create New...

Cookies & terms of service

We have placed cookies on your device to help make this website better. By continuing to use this site you consent to the use of cookies and to our Privacy Policy & Terms of Use