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Ushao

Member
  • Posts

    24
  • Joined

  • Last visited

  • Trading Feedback

    100%
  • Country

    United Kingdom

Reputation Activity

  1. Super Like
    Ushao got a reaction from Gruff in Today I Received.....   
    I do wonder if they made a profit or loss at the end of all this
    It's a very nice case indeed, just didn't post 😛
  2. Super Like
    Ushao got a reaction from Gruff in Today I Received.....   
    Recieved "Proclamation of the Irish Republic - €50 Gold Proof 2016". Thanks to the gold deal section for my first piece of Gold. 💛
  3. Super Like
    Ushao got a reaction from Gruff in Today I Received.....   
    Travelling the world but with coins 🗺️,  recieved group order from European Mint and a Silver Forum bar. Many thanks to @BackyardBullion. Worth the wait.
    Also recieved 2018 Fiji Samurai from @Coolsmp. Thanks as well. Been looking at getting this coin for a bit.
     

  4. Super Like
    Ushao got a reaction from Gruff in Today I Received.....   
    Recieved Green Turtle 🐢 and Pegasus from the Pobjoy Mint:
     
    Along with the one I've been really looking forward to for over 2 months: Le Chêne from Monnaie de Paris 😊


  5. Super Like
    Ushao got a reaction from Gruff in Today I Received.....   
    50p Silver Proof Decimal Day, photo quite underexposed. Sterling Silver.

  6. Super Like
    Ushao got a reaction from Gruff in Today I Received.....   
    From the other side of the Atlantic ocean. 2oz Kyudo 2020 🏹

  7. Like
    Ushao reacted to JamesH in Today I want to show.....   
    The cigar box silver treasure chest coming along nicely. Little bits of poured silver added each month. Nice to have something to hand to look at as opposed the gold that’s vaulted and less accessible

  8. Like
    Ushao reacted to Skyfiller in Today I want to show.....   
    Not done to bad for 2 years stacking 😀

  9. Like
    Ushao reacted to Solachesis in Today I want to show.....   
    Shiny shops in İzmir bazaar today




  10. Like
    Ushao reacted to Silverman2U in Today I want to show.....   
    Time to return a couple ounces. Think rather have that £5k back for bullion investing these days.
    When the days come now that you have to check every proof coin with a loop is a time to move to bullion. 
    Interested other peoples thoughts? 
     

  11. Like
    Ushao reacted to Fenlander1 in Full Stack / Full Collection Photos   
    Finally got a chance to have a look at my collection so far. Mainly silver with a little gold thrown in.

  12. Like
    Ushao reacted to Zeuk in Today I want to show.....   
    Novembers additions to the stack, small variety of silver, gold and the little and large of storage 
     
     
     


  13. Like
    Ushao reacted to Solachesis in Full Stack / Full Collection Photos   
    The gold portion of my stack, started off with the sovereigns, then came to love foreign gold 


  14. Like
    Ushao reacted to modofantasma in Today I want to show.....   
    The African 5 shipz. Aka 19rrand

  15. Like
    Ushao reacted to HerefordBullyun in Today I want to show.....   
    My tiny wee gold stack that was sadly lost RIP gold 
    I will have to buy some more. 

  16. Like
    Ushao reacted to Orpster in Full Stack / Full Collection Photos   
    Latest pictures of my bullion stack



  17. Like
    Ushao reacted to Zeuk in Full Stack / Full Collection Photos   
    Slower progress now after a busy first month

  18. Like
    Ushao reacted to Silverlocks in Today I want to show.....   
    So, most of my Q3 stuff is in - astute observers will notice that there's a missing pile of Krugerrands, and there's also a bit of numismatic stuff still en route.  Perhaps I will take another photo once all the Q3 stuff is in.  It's starting to look like a stack now, though, so -

    Q4's plan is a bit more prosaic and longer on gold - a few sovs, a 1/4 oz Tudor lion and maybe a 1oz brit.  Possibly some other bits and bobs of silver in the numismatic space.
  19. Like
    Ushao reacted to SilverOxide in Full Stack / Full Collection Photos   
    Turned down buying silver today, thought I’d reflect on what I’ve got instead.

    #sensible🤔🤷🏼‍♂️😂
  20. Like
    Ushao reacted to richatthecroft in Today I want to show.....   
    Ten of my favourites from my collection 👍 
     










  21. Like
    Ushao reacted to samt in Full Stack / Full Collection Photos   
    here and there 
     

  22. Like
    Ushao reacted to Abyss in Full Stack / Full Collection Photos   
    Visited my safety deposit box and took the opportunity to take a few photos....

  23. Like
    Ushao reacted to Paul in Full Stack / Full Collection Photos   
    I had to drop some new items off at safe deposit box yesterday, so took my camera along to finally see my gold stack together - viewing room table wasn't big enough to get everything into one shot  For someone who could never hold onto money in his 20s I think Ive done OK 






  24. Thanks
    Ushao reacted to Pete in Requesting advice on where best to sell gold proof coins   
    Thanks @Tn21
    I am afraid you may end up facing reality when it comes to selling proof coins that you believe are worth much more than bullion.
    I tried to sell a considerable amount of stunning, perfect gold sovereigns, boxed sets, Britannia's and boxed sets a couple of years ago.
    Firstly on the forum - I ended up selling a significant percentage but at 1% over spot only.
    I had regular buyers and they were not interested in certificates or boxes and I thought buying a boxed set would enhance their value but apparently not so.
    The best prices from any dealers were 98% of spot whilst the same sets shown on their websites at twice this price, however they were not selling at these prices and one dealer offered me to buy his boxed sets at 3% over spot, regardless of the advertised prices.
    In frustration one day I took a large carrier bag of unsold gold coin sets to Hatton Garden in London.
    Their best price that day was 97.5% of spot.
    Every coin was in FDC condition so I handed them over but kept the boxes thereby intentionally breaking up the sets.
    I only wish I had kept the screw capsules as well as I felt I was being fleeced.
    I still have a lot of empty boxes and certificates which I would rather sell at some stage rather than scrap.
    Times change, prices change, opportunities arise and decline so I can only tell you what happened to me.
    I think when gold is at a high, buyers are reluctant to pay much over spot.
    If gold plummeted 15-25% from where it is today, then I believe buyers will pay more especially for nicer coins believing they are getting a bargain.
    You might strike it lucky but I fell in love with my proof coins, was happy paying a hefty premium at the time of purchase etc. believing that a 20-30% premium over bullion would stick.
    It didn't, so I stay well clear of buying premium proofs nowadays as lesson learned.

    Some key dates and sought after coins and sets will retain a numismatic / collector premium but you need to research this thoroughly and not just look up well know sites to see what prices they list on their websites as an indicator of value. There will always be the exception to what I describe but that's down to luck and finding a buyer at the moment.
  25. Like
    Ushao reacted to Gruff in SILVER DEALS - (UK & Europe) See a deal, post it here   
    This is a good question and one some of us have discussed/joked about on this forum about driving to Europe and buying 1000oz bars and driving back. But on a serious note, my understanding (so I could be completely wrong here), is that if it is not jewellery then you are limited to:
    Allowance for other goods
    You can bring in other goods worth up to £390 (or up to £270 if you arrive by private plane or boat).
    If you go over your allowance you pay tax and duty on the total value of the goods, not just the value above your allowance.
    You may have to pay customs duty if you exceed your allowance.
    Import VAT
    You may have to pay import VAT on the total value of the goods plus duty. You pay VAT at the current UK VAT rate.
    That is based on information listed in: https://www.gov.uk/bringing-goods-into-uk-personal-use/print
    However if you are stopped and haven't declared anything they could also assume you were trying to smuggle the goods in, in which case you are liable to forfeit all of it.
    Your goods and any vehicle you use to transport them may be seized if you break the rules. You may also be fined or prosecuted.
    That is based on information listed in: https://www.gov.uk/bringing-goods-into-uk-personal-use

    Hope that helps. I would not want to take the risk of entering with more than £390 worth of silver, just incase it was taxed or worse deemed to attempt to smuggle it in. Having said that the other thing that could be argued is that as Britannias are legal tender, would be to purchase 5000 silver Britannia's and bring them into the country as the face value does not exceed the £10,000 limit of cash in Sterling or foreign currency equivalent. But I wouldn't want to try this and I'll make the declaration this isn't sound financial advise or any serious advise.

    Our resident expert on bulk purchases before the iron curtain fell on VAT free silver in the UK, is @BackyardBullion, he is extremely helpful and will probably have some better insight that me.
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