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sixgun

Silver Premium Member
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Reputation Activity

  1. Like
    sixgun got a reaction from Silvergun in Why silver price is going down when we have such inflation?   
    i became a premium member on the Silver Forum on 3rd February 2016. This is my own reference point - i took out a premium membership solely to buy coins and bars on the forum.
    What was happening a decade ago is of no interest to me.
    The day before i joined, the spot price of silver was £9.88. https://www.bullionbypost.co.uk/silver-price/10-year-silver-price/
    Today the spot price is £16.43.
    According to https://www.hl.co.uk/tools/calculators/inflation-calculator the price of silver should be less than £13 if it kept up with 'inflation'.
    Silver has more than kept up with inflation over this period. As with all these things it depends on the reference dates you choose. 
    i have almost never paid 'VAT' on silver. My new silver was all bought in the EU from Estonia / Germany / Belgium. The rest was second hand. i have bided my time and pick up pieces when i liked them and the price appeared right. The other physical i hold is on the Kinesis exchange which i bought at less than a couple of percent above spot. 
    i have never sold any silver and always knew it was for the long haul. A ten year+ investment. 
    Everything is speculation except paper money; you don't need to speculate its purchasing power will diminish. 
    Gold and silver coin are money - that is why we see £ on the coins. The paper notes are credit, they carry a promise to pay the bearer - except we know that promise is worthless.
    Gold and silver are the real money - they are manipulated by the central banks and the exchange stabilisation entities. Physical silver is a very small market - there isn't enough to make all the coin these days. It is easy to manipulate with derivatives and that is just what has happened since it was withdrawn from circulating coinage. Really we will have to wait until the paper currency schemes break. We can see the BRICS is organising a physically backed currency in which silver ranks third after gold and oil/gas. When the present counterfeit system breaks it will be too late. You need to have your stack in place. i have had my stack for a few years now - that is why i joined in 2016. Now i wait. i do not worry about my stack and i have no regrets.
  2. Like
    sixgun got a reaction from HGr in Unknown Johnson Matthey 1oz Bar   
    Yes i still have that AEG bar.
    It is clearly a bar marked up for AEG - Allgemeine Elektricitäts-Gesellschaft AG - the domestic electrical equipment company.
    You can see the logo is the same. The style suggests it is a European bar but you might expect that anyway.

    After that it is a mystery to me. What is the value? Spot price if you aren't interested. The Johnson Matthey bar is worth more b/c a lot of people collect JM bars. If this AEG logo were on a Johnson Matthey bar then it would be worth considerably more. It is interesting to me and so i collect it with no wish to or idea to sell. 

  3. Like
    sixgun got a reaction from modofantasma in Why silver price is going down when we have such inflation?   
    It isn't a huge market - the silver market is tiny.
  4. Haha
    sixgun got a reaction from LawrenceChard in German silver spoon   
    All i can see is it is 80% silver -the rest is too blurred.
  5. Like
    sixgun reacted to stefffana in Help with markings on cup (maybe kiddush?)   
    Hi, @benj.
    The town hallmark with double headed crowned eagle it is for sure for Kamenetz-Podolsk, before 1880, when the town mark has changed.
    Kamenetz-Podolsk is actually in Ukraine, but was before in the Kingdom of Poland until 1648 (this is why crowned double eagle mark),  when after a long civil war, the Poland-Lithuanian Union has dissolved and part of Poland and Ukraine was integrated in Russian Empire.
    The number 84 is showing the purity of silver. 84 zolotniki = 84/96 = 875/1000 silver. 
    The three letters stamped are the maker mark, difficult to know the name now. After 1700 was mandatory stamped the year under the maker mark. On your goblet is missing, meaning it was made before 1700.
    From all these informations, we can deduct that your goblet was made in Kamenetz-Podolsk between 1648 and 1700 using silver .875.
    Your town mark of Kamenetz-Podolsk can be seen on this page: https://www.925-1000.com/Frussia_city_02.htlm.
    About the balance shown on first stamp, I can only speculate, I can not find any informations.
    Very nice goblet!🤗
    Stefan.
     
    Edited: the link is not opening the exactly page, I don't know why, so I have added two pictures of my screen with more details.


  6. Like
    sixgun got a reaction from TheShinyStuff in Unknown Johnson Matthey 1oz Bar   
    Yes i still have that AEG bar.
    It is clearly a bar marked up for AEG - Allgemeine Elektricitäts-Gesellschaft AG - the domestic electrical equipment company.
    You can see the logo is the same. The style suggests it is a European bar but you might expect that anyway.

    After that it is a mystery to me. What is the value? Spot price if you aren't interested. The Johnson Matthey bar is worth more b/c a lot of people collect JM bars. If this AEG logo were on a Johnson Matthey bar then it would be worth considerably more. It is interesting to me and so i collect it with no wish to or idea to sell. 

  7. Like
    sixgun got a reaction from TheShinyStuff in Unknown Johnson Matthey 1oz Bar   
    This bar is indeed rare. It is worth as much as someone is prepared to pay. There is only a small number of people who are prepared to pay a big price but in the end you only need one such person.
    Personally i think i would pay up to say £250 - there is a reasonable chance i could sell it again for £250 and cover other costs i might incur. After that i would say you are overpaying. That doesn't mean there aren't people who will over pay (as we are informed happened), it happens everyday but your chance of finding someone who would pay £300 or £350 etc gets slimmer and slimmer as the price rises. 
    The OP has got shut of the bar and it seems has made a good profit. If it had been me and i had got it at a good price i'd keep it b/c i would just like to keep the bar.
  8. Like
    sixgun got a reaction from stefffana in Unknown Johnson Matthey 1oz Bar   
    i expect you are right - Paolo who is in Italy sold it to me. It has the same shape 999 mark as i have seen on some of the medallions he has sold me.
    As he is inside the EU he is a good member for me to deal with. i have bought from him a number of times - always first class trades.
  9. Like
    sixgun got a reaction from stefffana in Unknown Johnson Matthey 1oz Bar   
    Yes i still have that AEG bar.
    It is clearly a bar marked up for AEG - Allgemeine Elektricitäts-Gesellschaft AG - the domestic electrical equipment company.
    You can see the logo is the same. The style suggests it is a European bar but you might expect that anyway.

    After that it is a mystery to me. What is the value? Spot price if you aren't interested. The Johnson Matthey bar is worth more b/c a lot of people collect JM bars. If this AEG logo were on a Johnson Matthey bar then it would be worth considerably more. It is interesting to me and so i collect it with no wish to or idea to sell. 

  10. Like
    sixgun got a reaction from HGr in Unknown Johnson Matthey 1oz Bar   
    This bar is indeed rare. It is worth as much as someone is prepared to pay. There is only a small number of people who are prepared to pay a big price but in the end you only need one such person.
    Personally i think i would pay up to say £250 - there is a reasonable chance i could sell it again for £250 and cover other costs i might incur. After that i would say you are overpaying. That doesn't mean there aren't people who will over pay (as we are informed happened), it happens everyday but your chance of finding someone who would pay £300 or £350 etc gets slimmer and slimmer as the price rises. 
    The OP has got shut of the bar and it seems has made a good profit. If it had been me and i had got it at a good price i'd keep it b/c i would just like to keep the bar.
  11. Like
    sixgun got a reaction from JunkBond in Unknown Johnson Matthey 1oz Bar   
    This bar is indeed rare. It is worth as much as someone is prepared to pay. There is only a small number of people who are prepared to pay a big price but in the end you only need one such person.
    Personally i think i would pay up to say £250 - there is a reasonable chance i could sell it again for £250 and cover other costs i might incur. After that i would say you are overpaying. That doesn't mean there aren't people who will over pay (as we are informed happened), it happens everyday but your chance of finding someone who would pay £300 or £350 etc gets slimmer and slimmer as the price rises. 
    The OP has got shut of the bar and it seems has made a good profit. If it had been me and i had got it at a good price i'd keep it b/c i would just like to keep the bar.
  12. Like
    sixgun got a reaction from James32 in Unknown Johnson Matthey 1oz Bar   
    This bar is indeed rare. It is worth as much as someone is prepared to pay. There is only a small number of people who are prepared to pay a big price but in the end you only need one such person.
    Personally i think i would pay up to say £250 - there is a reasonable chance i could sell it again for £250 and cover other costs i might incur. After that i would say you are overpaying. That doesn't mean there aren't people who will over pay (as we are informed happened), it happens everyday but your chance of finding someone who would pay £300 or £350 etc gets slimmer and slimmer as the price rises. 
    The OP has got shut of the bar and it seems has made a good profit. If it had been me and i had got it at a good price i'd keep it b/c i would just like to keep the bar.
  13. Like
    sixgun got a reaction from Piggybank in The collapse of the coin collector market   
    i don't like Queenie on the Maple but in general i am not interested in the Queen side. 
    i don't believe people will stop collecting when Charles III or George VII comes to the throne.
  14. Haha
    sixgun got a reaction from RustyShackleford in Gold Monitoring Thread £ GBP only   
    Haven't you been listening? It will control inflation completely - the rest is due to Putin.
    Things have got so bad it has given President Brandon cancer - the poor guy he can't remember what cancer but it is Putin's fault.
  15. Haha
    sixgun got a reaction from EdwardTeach in Gold Monitoring Thread £ GBP only   
    Haven't you been listening? It will control inflation completely - the rest is due to Putin.
    Things have got so bad it has given President Brandon cancer - the poor guy he can't remember what cancer but it is Putin's fault.
  16. Like
    sixgun got a reaction from EdwardTeach in Silver Monitoring Thread £ (GBP) only.   
    Interesting to hear a big move into silver 
    https://twitter.com/scottsdalemint/status/1549455783301042176
     
  17. Like
    sixgun got a reaction from goldmember44 in Gold Monitoring Thread £ GBP only   
    The G7 has put a ban on importing Russian gold. They think this will hurt Russia's war effort. This was fully adopted yesterday and gold came under attack following this.
    $1671.70 is viewed at the probable target and would represent the take off point back in June 2020 - so a full gap close. i give the USD price b/c gold is priced in USD and the paper markets are USD. 

    The idea that Russia cares and it will damage Russia is a delusion. They imagine that the G7 is the only Russian gold buyer - the Global South is the buyer of physical gold. Less gold going into the West simply reduces the physical available to spin out the paper game. A falling gold price helps Russia. There is an oil for gold trade. Lower gold prices means more gold is needed to buy the oil. More gold for Russia - and there are always willing buyers of physical gold which trades at 20% + premiums for large volumes. 
    i also hear there is Ukrainian gold appearing on the market - the Ukrainian states gold is being sold off. Might as well totally destroy that country. 
  18. Like
    sixgun got a reaction from Paul in Silver Monitoring Thread £ (GBP) only.   
    Interesting to hear a big move into silver 
    https://twitter.com/scottsdalemint/status/1549455783301042176
     
  19. Like
    sixgun got a reaction from LemmyMcGregor in Silver Monitoring Thread £ (GBP) only.   
    Interesting to hear a big move into silver 
    https://twitter.com/scottsdalemint/status/1549455783301042176
     
  20. Thanks
    sixgun got a reaction from silversky in Silver Monitoring Thread £ (GBP) only.   
    Interesting to hear a big move into silver 
    https://twitter.com/scottsdalemint/status/1549455783301042176
     
  21. Haha
    sixgun reacted to Happypanda88 in So, ive just started stacking....   
    Poor @Aaagee just joined The Silver Forum and some members are rubbishing silver ! 😆 
    While I somewhat agree with the assessment that silver is volatile and not really a good investment based on last couple years of data. On top of that, there's 20% VAT at retail for people in the UK. But with silver being a small market and therefore heavily manipulated by paper silver trades, who knows what it will do in the next 5 to 10 years. 
    I remembered back in 2015, there was a similar sentiment where some people were rubbishing silver because the price had peaked in April 2011 and began a long decline. But there are those who felt it was a good buying opportunity. I think I did rather well buying the dip back then.
     
     

    Who knows, in a few years members might be talking about the missed buying opportunity. 😁 
    EDIT:  I forgot to mention that I was on the same boat trip as @sixgun .  Yes, you guessed right. We were involved in a tragic boating accident and our stacks sunk to the bottom of the lake ! 🙄
  22. Haha
    sixgun got a reaction from Darr3nG in So, ive just started stacking....   
    yes as @LawrenceChard says there are good deals on ebay BUT you need to have experience - by the sounds of it you don't have that experience, so steer clear. We have fun laughing at the scams on ebay but the thing is ebay isn't interested in policing the sellers - even when we report these criminals nothing happens - someone gets scammed.
    So stick with the reputable dealers or reputable forum sellers. Then you will be ok.
    Buy what you like when you see value. Just keep adding to your collection. Enjoy and learn. It is a great investment hobby. 
    Also steer clear of boats in case you have a tragic boating accident - these do happen as some members know only too well 😞😞😞😞
  23. Like
    sixgun got a reaction from Arganto in Advice on sending some silver coins to the USA?   
    "Gifts worth up to $100 may be sent, free of duty and tax, to friends and relatives in the United States, as long as the same person does not receive more than $100 worth of gifts in a single day."
    Sending by Royal Mail you can ask for the customs declaration at the counter - a small slip to fill out. Fill out as gift - put something like 3 medallions, could even put 3 badges - give the spot price value plus a little bit more - don't put a big value on, not b/c of customs but b/c of theives. - make sure it is less than $100. Sign it. Attach it to the outside of your parcel.
    i received a parcel in the post today - it was some coins - it was described as aluminium nails. There were no taxes on the parcel, it was for security purposes.

  24. Thanks
    sixgun got a reaction from AaaGee in So, ive just started stacking....   
    yes as @LawrenceChard says there are good deals on ebay BUT you need to have experience - by the sounds of it you don't have that experience, so steer clear. We have fun laughing at the scams on ebay but the thing is ebay isn't interested in policing the sellers - even when we report these criminals nothing happens - someone gets scammed.
    So stick with the reputable dealers or reputable forum sellers. Then you will be ok.
    Buy what you like when you see value. Just keep adding to your collection. Enjoy and learn. It is a great investment hobby. 
    Also steer clear of boats in case you have a tragic boating accident - these do happen as some members know only too well 😞😞😞😞
  25. Haha
    sixgun got a reaction from LawrenceChard in So, ive just started stacking....   
    yes as @LawrenceChard says there are good deals on ebay BUT you need to have experience - by the sounds of it you don't have that experience, so steer clear. We have fun laughing at the scams on ebay but the thing is ebay isn't interested in policing the sellers - even when we report these criminals nothing happens - someone gets scammed.
    So stick with the reputable dealers or reputable forum sellers. Then you will be ok.
    Buy what you like when you see value. Just keep adding to your collection. Enjoy and learn. It is a great investment hobby. 
    Also steer clear of boats in case you have a tragic boating accident - these do happen as some members know only too well 😞😞😞😞
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