Stuntman

10 hours ago, flyingveepixie said:

What a wit! 😂

Expect nothing less from our resident Sage 😉

I hope that's actually just a tube of sovereigns in your pocket.. 😉

Maybe they ran out of fingers and toes, and couldn't count up to twenty 🙂

No, but it's possibly a tempting entry point.  Price was over £2000 a couple of months ago or even more recently, from memory.

But historically it is still relatively high versus platinum and gold.

Could still be risks on the downside.  One for the knowledgeable and/or brave 😊

Not too much on my wish list for 2023 at this stage, although that may change if the RM release a new bullion coin design that I like.

I have the 2022 Memorial BU five sovereign piece coming in January too.

So definitely a 2023 bullion sovereign and double sovereign, maybe two of each if they actually do release more than one bullion sovereign design dated 2023.

Then maybe a 1oz gold Tudor Beasts Dragon if I like the design.

Maybe some Great Engravers Bullion bars if they release the Gothic Crown design(s) in the bar format and I like the design.  Probably a 1oz silver bar even if I don't like it, but ideally a 10 oz silver and 1 oz gold as well.

That's probably it...

1 hour ago, LawrenceChard said:

 

I am happy to be tagged in to conversations, unless a PM is more appropriate such as from Karolina Bielawska.

 

I had to google who that was.  All I can say is I hope she contacts you and that you can personally deliver her a large order of whatever she wants.

They look fantastic and I hope they swim away well to their lucky owners!

^^^ I agree with what @Pete says above.  And you can also carry forward unused allowances from the previous three tax years, so as long as you have enough taxable earnings in the current year, you can put more than £40,000 away in a SIPP this year, obtain the tax relief, but have to wait until age 55 or 57 until you can take the benefits.

This may be a very good idea, depending on your age and which tax bracket you are in.  My SIPP is the first home for any investment money I have at the moment, and I use it to hold cash, individual shares, stock market funds, and ETFs.

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At the moment, I think there is probably some medium to long term value in buying selected FTSE 100 stocks with good dividend yields and a sound underlying business model.  I am doing this with my monthly SIPP contributions at the moment, started in November and bought some more this month and will probably buy some more in January.

Currently I have bought seven stocks across a range of sectors with an average dividend yield of about 5%.  I expect these to continue to pay at least this amount of dividend cash in absolute value terms for the next few years and they should probably go up in value over the medium term.

Like @Bigmarc, I think there is currently a buying opportunity for some blue-chip businesses as they have perhaps been smashed down beyond what would be considered fair value.  I can afford to tie up this capital for a few years and benefit from the income rolling up in the SIPP until I choose to access it when the rules allow me to.

As long as the sovereigns are real, I don't mind either.  He can be as bad a rider as he likes!

I'd love that set.  Very envious!

Nice work 😊

Not really.

I think it is/was a case of if the dies for the 2023 coin had already been produced prior to The Queen's death, the coins themselves would be minted because it was thought to be less wasteful regarding the dies and materials.

This has meant that there are quite a few coin designs with a 2023 date and QEII on the obverse.  So none of them will have particularly high premiums on them in future (in my opinion) because there will be plenty of supply of them.

As I've said previously on the Forum, personally I don't want to own a 2023-dated coin with QEII on the obverse, but I can see the appeal to others.

The net totals aren't moving very much because any new sales are being balance out by the wave of cancellations at the moment.  I don't think most, if any, of these coins will sell out by 31 December.  

The Buffalo is far and away my favourite non-UK 1oz gold bullion coin.  

Well done OP, I'm really pleased you're happy!

As for BBP, I have received excellent coins from them (with one exception about seven years ago) and their delivery service has been exemplary.  I'm very happy with their service but I don't often use them because their prices are often a bit higher than other reputable dealers.  I will definitely continue to use them, selectively.

On 01/12/2022 at 06:17, Britannia47 said:

I am feeling really guilty now, always recommending 'Gillick' Sovereigns on TSF. So own up! - Who told the RM that 'real' gold sovereigns were minted in the past and even 'circulated.' I am very angry because this was supposed to be our little secret!  Now they've jumped on the band-wagon to make a killing: not withstanding the inconvenience someone has caused the RM to 'buy-back' 500 bullion Sovereigns from somewhere. No wonder the're expensive!.......😁

I think @James32's hoover is a Royal Mint employee in disguise and I claim my five pounds*

* I would like it as a five sovereign piece please, ideally one dated 1839 with Una on it, and a Lion... 😉

In my opinion, the commemorative silver crowns would only be a moneymaking proposition if you can buy them for much less than spot and then sell them as scrap silver for close to spot.

As a collector, I wouldn't touch them unless I liked the particular design.

I do have one silver proof commemorative crown but it was bought for me as a birthday present in the year of release, probably for similar cash to its value now.

I've only ordered the Brilliant Uncirculated Five Sovereign Piece, but I am definitely not cancelling mine.  I think it will be a beautiful coin to hold for the long term.

I think you are entitled to feel disappointed if you were to receive this as a new bullion coin from the original maker (as the RM likes to describe itself).  It's even more disappointing that they haven't given you a better quality replacement coin, given that you sent it back to them and it has clear and obvious marks on it.

It is indeed really tricky trying to collect a series of bullion coins.  I do think that whether you see yourself as a stacker or a collector, it shouldn't be too much to ask of the RM to send you a coin of good quality with no major marks on it.  

Sadly it seems very much to be the luck of the draw, and I think it's got worse over the last five years - to the point that you feel 'lucky' if you receive a coin with few or no defects.

I agree with your sentiment.  The RM seems to have lost its sense of decorum a little.

This is a shame, because some of the coins that they have issued this year are genuinely excellent.  The trouble is, they have diluted the impact of these coins by issuing a load of other coins which are less than excellent.

Still, it gives people an opportunity to buy the ones that they like, and pass on the others.  That's mainly what I've done this year (bought what I can both afford and obtain, and ignore the rest!)

I've had a few 2016 Britannia £2 coins but have yet to find a 2015.  But like many, almost all of my transactions are contactless these days so I rarely encounter actual cash in change.

I can see why you might want to own the coin, and the price you paid isn't hugely excessive.  Enjoy owning it for pleasure, and perhaps hope that the gold price goes to the moon before you think of selling!

Done.

As someone who collects modern precious metal coins and also has a collection of historical coins, it was sometimes difficult to decide how best to answer some of the questions.  For example, the price per coin that I pay varies very widely!