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Notafront4adragon

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Posts posted by Notafront4adragon

  1. 3 hours ago, mr-dead said:

    who faired better after the crash, someone holding their wealth in gold or cash in the bank?

    I presume it would be far easier exchanging gold for dollars to buy local goods over worthless local currency?

    Not allowed to buy gold without all sorts of shenanigans. 

    Why exchange the gold for dollars when you'd just already have the dollars. People stacked dollars there, Zimbabwe, not gold. 

    I see what you're getting at, and possibly in the UK with the right (catastrophic) situation having gold would at least allow you to leave the country and take a substantial amount of wealth away discreetly in a compact way. 

    But I just don't buy this idea that everyone will abruptly start directly accepting gold and (especially not silver) as payment for everyday things, let alone larger infrequent things like cars or houses etc. 

  2. 10 minutes ago, Hotdog said:

    I've bought two 2020 sovereigns from different well known UK sources the weights are correct at between 7.99 to 8 grams. The diameters measure satisfactorily at 22mm. The thicknesses around the edges vary slightly between 1.63 and 1.75mm on both coins depending at which position taken. The thickness using a point micrometer in way of the flat surfaces (avoiding the queens head and the horse and dragon) are 1.09mm. The thing that is puzzling me is when I do specific gravity check, both are showing at 16.6. What I read online I should have a higher SG.  Is anybody else finding this on the 2020 sovereigns? The scales that I'm using are accurate to .01 gram. 

    Are you sure your technique is correct, and have you repeated it? If it's still coming out at 16.6 then I'd be concerned. That's 18ct with silver alloy. 

    You may need to get them tested at a jewellers, they'll likely have an XRF or electronic tester.

  3. 8 minutes ago, InvestInCoins888 said:

    You are on! 

    I’m going to clean up here! Not only will I be counting my coins on the extra profit my silver stack is reaping, I’ll be collecting all of these bets in! 😉   

    I'll still take the bet. Apr 2021 spot silver price between £25-30. You can settle with the other guy for Jun 2021.

    As an aside I think it'll be much the same if not down a little than what it is now but that's a wild guess. 

    I'm covered either way silver hits 35 I pay you outta some good profits!

  4. 2 minutes ago, InvestInCoins888 said:

    Was I? 

    Ive been expecting a price correction in 2020, I think as a useful precious metal that still has industrial uses, it seems very inexpensive. 

    Perhaps I may have been more optimistic about the price it could reach (or I want it to reach), however Ive definitely been preaching a price correction is imminent for at least a year.

    Yeah you said the same back there and I accepted your bet but you didn't respond. Pg 99 😉

  5. On 18/04/2020 at 21:00, Notafront4adragon said:

    I'll take that bet!

     

    On 18/04/2020 at 20:31, InvestInCoins888 said:

    I’m 100% with you here. Once all this virus stuff has settled, I think we will see Silver level out at a significantly higher spot than we’ve been used to. 

    Im a betting man and I’ll lay a tenner on spot price of silver this time next year between £25-35oz.

    You were less confident in April @InvestInCoins888?

  6. 15 minutes ago, GoldElliott said:

    thanks for the info! Seems strangely underpriced in todays money really, that a average salary now can probably buy that coin in a couple hour's work. Its got nearly an ounce of silver in it and over 200 years of history!

    We're all richer? Or rather our purchasing power is far greater. There's a great scene in the recent BBC Dracula, where he goes to a council flat and exclaims at the luxury we have today, that someone considered low wage can still effectively be as a rich as a king 300yrs ago. 

    I still rather have the silver money though. 

  7. 3 hours ago, GoldElliott said:

    Couple more crowns for the collection :)

    Proper money not like the tat we have today!

    Was trying to find something about wages or prices in 1819 to see what a crown would've bought back then/ how long the average worker would've worked to earn a crown but didn't have any luck.

    2 pretty average condition crowns but looks great in the folder and 2 more ticked off :)

    Lovely coins, I believe the average male salary would of been about 45p per week. So the crown was probably about 1.5 weeks worth, or 9 and 1/3 days. 

  8. On 18/04/2020 at 21:00, Notafront4adragon said:

    I'll take that bet!

     

    On 18/04/2020 at 20:31, InvestInCoins888 said:

    I’m 100% with you here. Once all this virus stuff has settled, I think we will see Silver level out at a significantly higher spot than we’ve been used to. 

    Im a betting man and I’ll lay a tenner on spot price of silver this time next year between £25-35oz.

    No bet? 😔

  9. 18 minutes ago, InvestInCoins888 said:

    I’m 100% with you here. Once all this virus stuff has settled, I think we will see Silver level out at a significantly higher spot than we’ve been used to. 

    Im a betting man and I’ll lay a tenner on spot price of silver this time next year between £25-35oz.

    I'll take that bet!

  10. 4 minutes ago, sovereignsteve said:

    That is a very short term viewpoint. Things change and are fluid, you just have to deal with it. You have to realise that the last 3 weeks, while you have been a TSF member,  have been almost unprecedented. Well, probably in the memory of over 95% of members on here, anyway. I have been on this forum for about 6 years and it has been true that most of the time, the forum has always had fantastic deals and has been the best place to buy your PM. It depends what you want to buy; sometimes sovereign deals are here, sometimes silver. It has always varied.

    It seems that maybe you have come to this forum in the hope of getting mega bargains when they are none to be had elsewhere, and you are a bit peeved they aren't here?😉

    Careful pointing out reality may be construed as bullying him...

  11. 4 minutes ago, Auricsstash said:

    Agreed they are “unlimited” when they are in production, however the actual mintage figures can be found here...

     

    No the actual minted figures can't, they are up to a date in the above table, I believe the last date they had was Apr 18 ie they can and probably have minted more. If you read that thread and others related, you can appreciate just how evasive the royal mint is when it comes to those figures, probably because they never thought to keep track of bullion coins numbers and don't know for sure.

     

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