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PhilB

Member
  • Posts

    131
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  • Trading Feedback

    100%
  • Country

    United Kingdom

Reputation Activity

  1. Sad
    PhilB reacted to VGfine in Gold Monitoring Thread £ GBP only   
    I’m hearing similar things from a few different companies, we’ve just had a local butchers (family firm) close its doors they supplied meat nationwide to restaurants and even premier league clubs, inflation meant that had to increase prices, one big buyer pulled out and then 3 restaurants went under and took them for over 100k in total, in the end they just closed the doors, they had over 20 staff and had been in business since the 1940’s
  2. Thanks
    PhilB reacted to ak74 in Today I Received.....   
    It was EUR 138, thus around GBP 117, incl. commission and delivery. 
  3. Like
    PhilB reacted to ak74 in Today I Received.....   
    I saw these 2 pieces at an auction, managed to find just couple of price references, so hopefully did not overpay too much
    Bronze medal "Opening of the All Nations exhibition in London on the 1st of May 1862" and Three Graces Wedgwood Jasperware Coin 5£ Tristan da Cunha 2018
      
        
  4. Thanks
    PhilB reacted to Coverte in My Bank Have Put a Block on My Account due to a PM Bank Transfer Payment   
    I had a number of issues with Lloyds, but now find if I put Inv before any description it goes through without issue on both accounts.
    I'm working in the assumption their robots assume Inv = Invoice, as I get far less of the dumb questions now and no blocks for a long time.
  5. Thanks
    PhilB reacted to pricha in Liquidity: Have 1oz coins had their day?   
    Unfortunately..as soon as you buy a coin the seller has an address. More worrying is eBay sellers who "sell" coins, then refund the buyer immediately.  No problem. Buyer hasn't gained or lost anything , eBay not bothered but someone has an address. 
  6. Like
    PhilB reacted to SiCole in 2020 1oz Gold Britannia   
    2020 Gold Britannia - great condition coin.
    £1630 posted U.K. SD

  7. Like
    PhilB reacted to BackyardBullion in Gazette Proclamation - Britannia and Liberty   
    Not a fan.
    There are hands coming out the back of heads!
  8. Sad
    PhilB reacted to paulmerton in Gazette Proclamation - Britannia and Liberty   
    https://www.usmint.gov/news/press-releases/united-states-mint-and-royal-mint-announce-collaborative-design

  9. Haha
    PhilB reacted to Ted1945 in Liquidity: Have 1oz coins had their day?   
    speaking from experience
    When you get old you’ll appreciate the bigger coins 
    easier to see the detail of the designs and find  them
    that is of course if you can remember where you put them in the first place 
     
     
  10. Like
    PhilB reacted to Sovhead in Liquidity: Have 1oz coins had their day?   
    Loads of 1oz coins sell on here regularly just buy what you like.
    You can sell gold anytime to anyone there will always be interest.
  11. Haha
    PhilB reacted to James32 in 2020 1oz Gold Britannia   
    OK grandad, let's get you to bed.
  12. Haha
    PhilB reacted to katyc in Captain Gains Tax Explanation   
    I think they'll improve the CGT allowance again (eventually). People are less inclined to invest if there's a low CGT threshold, which is never good for an economy - they need cash flowing - so that people have gains to spend keeps the economy flowing. I think they bought this cut in partly as a quick tax grab - it was perfect for them while inflation (hence prices) are high. But they also knew it would help slow inflation (less people are now inclined to sell for the next year or two - which will aid in calming inflation). I may be completely wrong, but that's a way of looking at it anyway.
    There is talk of significant changes coming this budget for Inheritance Tax also (either lifting the limit or even removing it completely). I'm very surprised to be honest (surely the "Death Tax" is their favourite vile tax grab?). But, if people are more inclined to pass down their riches earlier in life then I guess the recipients are likely to enjoy it (spend it) which is good for the economy (and the tax man's pockets). Others will go the opposite end of the scale and not pass any down (know no tax would be due). But that means they'd be inclined to invest even more and grow their wealth (also good for the economy).
    One thing is guaranteed though; we will always be robbed one way or another by whichever turd is in power.
     
  13. Thanks
    PhilB reacted to BackyardBullion in Captain Gains Tax Explanation   
    https://www.royalmint.com/gold-price/capital-gains-tax-on-investments
    Only UK coins made by the Royal Mint, past and present. 
    Anything from overseas territories are not. Other UK Mints are not.
    COINS ONLY
    Bars from the Royal Mint are NOT CGT exempt.
    Only coins.
     
  14. Like
    PhilB got a reaction from Richard82 in Today I Received.....   
    👌Nice gold! 
  15. Thanks
    PhilB reacted to Charliemouse in [Advanced] Photographing slabbed coins using a polarising filter   
    I wondered whether the use of a polarising filter could help to reduce reflections or glare from the surface of coin slabs.
    Note: I do not think this article will be useful for most people.  This is definitely deeper down the photography rabbit hole than most will want to go.  I hope some find it useful, or at least theoretically interesting.
    What's a polarising filter used for?
    Without getting anywhere into the physics, a polarising filter attaches to the front of the camera lens, and works the same way as polarising sunglasses.  It has the following properties:
    Darkens the image by reducing the amount of light entering the camera by approximately 2/3rds (1.5 stops in camera-speak). Increases contrast in things like skies and water, making them appear bluer and deeper in colour. Reduces haze. Reduces reflections in glass, plastic or water surfaces. Obviously the last property is most interesting for coin photography.
    One advantage a photographic filter has over sunglasses is that it can be easily rotated on the front of the lens, to optimise the exact effect of the polarisation.
    Experiment
    I photographed a slabbed coin containing both silver and gold, while pointing a light directly at the surface to maximise the effect of the reflection.
    I took three photographs.  Other than setting the white balance, no post-processing adjustments were made.
    1. Without a polarising filter.

    2. With a polarising filter, but rotated to the wrong angle.

    3. With filter rotated 90° to the second picture.

    Results
    With the filter at the wrong angle, the image is arguably worse than with no filter, probably because of the reduction in available light robbing some contrast.
    With the filter correctly adjusted (a simple thing to do with the filter in place) the best image is produced, almost eliminating the glare.  The light reflected from the coin remains the same, with colours richer and clearer.
    Conclusion
    If you find it difficult to photograph a slabbed coin because of reflections and glare caused by your lighting set-up, then using a polarising filter should definitely help.
  16. Thanks
    PhilB got a reaction from Zeton in Today I Received.....   
    👌Nice gold! 
  17. Like
    PhilB got a reaction from SovereignBull in Today I Received.....   
    👌Nice gold! 
  18. Thanks
    PhilB got a reaction from Dankanugget in Today I Received.....   
    👌Nice gold! 
  19. Super Like
    PhilB got a reaction from stefffana in Today I Received.....   
    👌Nice gold! 
  20. Like
    PhilB reacted to JohnA1 in Gold in Tank….Poor chap didn’t get a penny…   
    Very likely they'll all sit on it, and when the whole story dies out it will turn out the bars were fake - see, they were fake all along.
    Move along, nothing to see here..
     
    (As you suspect we'll have to take their word about the fakery, no way they would do a switcheroo, right?)
    That is assumming they will not just disappear from the evidence room, like sooo many other items.
    *poof* ....and it's gone...
  21. Like
    PhilB reacted to Midasfrog in Sovereign Photo Thread...   
    All been hoovered up 🧐

  22. Haha
    PhilB reacted to Paul in Gold Monitoring Thread £ GBP only   
    but its never done this all year !!!
    im shocked, SHOCKED ........... well not that shocked !
     
  23. Like
    PhilB reacted to katyc in Gold 2024: How low can it go?   
    Good point. l like to spread my funds between different banks but I'm not too worried about it because if it got so everyone's money disappeared and even the FSCS no longer protected us (apparently they don't have enough insurance to cover everyone's money anyway 😬), that would mean that we were in such a dire situation - which would mean gold had rocketed - so precious metals investors are protected either way.
    I subscribed to Money Week magazine last week (first 6 issues are free). Apparently it's a really good little mag you can read over a coffee on a Saturday morning. Many top investors read it (it's a UK magazine) and the insights and warnings could be really beneficial to us investors (even more useful for fans of stocks and shares I'm guessing).
  24. Like
    PhilB got a reaction from RDHC in Gold 2024: How low can it go?   
    I have also considered similar issues and come to the conclusion that my overweight allocation to gold and gold stocks is made to preserve purchasing power in an inflationary environment, but also for gains ontop of maintaining the purchasing power to come from the royalty/mid tier producers held, and also from retaining a low fixed rate mortgage which can be paid off in future in devalued currency. If I was having to pay around 5 or 6% interest I would reconsider the strategy and I'm not sure which way I would go, but having the benefit of a 5yr fix taken below 2% rate, I'm looking for the capital debt to be eroded by inflation whilst my precious metals holding protect my repayment capital. 
  25. Like
    PhilB got a reaction from apachebleu in Gold 2024: How low can it go?   
    I suspect many would lose the desire to buy once prices had been falling significantly for months or if all at once also! It's human nature! 
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