Silver Deals.....

[rob121]

I thought you still had to pay VAT on second hand silver coins?

[Abbotssilvercoins]

Is VAT charged on the full value of a second hand coin or just payable on the profit? Dealer buys a coin for 15, he sells for 18 and the VAT would just be 60p on the £3 profit?

[HelpingHands]

Is VAT charged on the full value of a second hand coin or just payable on the profit? Dealer buys a coin for 15, he sells for 18 and the VAT would just be 60p on the £3 profit?

Have a look at this thread. Even after reading it you won't know the answer.

https://thesilverforum.com/topic/2324-vat-on-2nd-hand-silver/?hl=%2Bvat+%2Bon+%2Bsecondhand#entry37277

[Abbotssilvercoins]

I've just read it. Your crystal ball was accurate. Now I am more confused than before.

[alec86]

if anyone wants to order just one £20 for £20 coin off the royal mint there is a free postage code available

 

 E1637A

[steve1905]

What's the view of these coins? Are they worth keeping for a few years for resale or just over priced silver?

[StackemHigh]

What's the view of these coins? Are they worth keeping for a few years for resale or just over priced silver?

Which coins are you referring to?

[steve1905]

The Royal Mint £20 for £20.

[Scuzzle]

The pictures on the mint page make it look good but the ones on Ebay it looks horrendous.

[steve1905]

Could be right there and some of the reviews on the RM web site are not so good too. Anyone got any and care to offer an opinion?

[Danny-boy]

I have some, I think it's a really nice coin actually.

Most I know who bought, agree.

[steve1905]

Thanks DB. Do you think the mintage will make them a collectors coin in the future?

[Danny-boy]

Thanks DB. Do you think the mintage will make them a collectors coin in the future?

Honestly, I doubt it.

But assuming you are buying a £20 coin for £20 (with the free shipping), it's fairly certain you won't lose on the deal.

That's more than can be said for most other PM coins.

[StackemHigh]

They are nice wee coins to add to the collection .

But I can't see them doing that well .

[steve1905]

Cheers DB, I might use the free postage code and see what I get.

[HawkHybrid]

I'd rather wait and see what the next design is like.

I don't really like churchill on coins.

 

HH

[HelpingHands]

Proof Roo 2013 £27.62

https://en.emk.com/artikel/0/30544/australia-2014

Proof Koala Road Sign 2014 £27.62

https://en.emk.com/artikel/0/34119/australia-2013

[Murph]

I bought one of those roadsign roos for £28 odd just the other day on ebay but I didn't have to pay extra postage as I already had bought another item.

Pity they aren't the usual roos as they seem to hold their price well.

[HighlandTiger]

The continuing VAT mystery of Atkinson's used coins.

 

It's no mystery... ......... They just toss a coin. Heads we'll say it's VAT free. Tails we'll chuck VAT on it.

 

Simples....

[AuFinger]

Atkinson's have some second hand VAT free Britannia's in stock if anyone is interested.

Still way cheaper to get new ones from STG though!

If STG send you new ones.

My RM tube coins had marks and nicks on them suggesting otherwise.

Still can't argue that the price is the best you'll get for bullion coins, used or otherwise.

[AuFinger]

Atkinson's have some second hand VAT free Britannia's in stock if anyone is interested.

Still way cheaper to get new ones from STG though!

If STG send you new ones.

My RM tube coins had marks and nicks on them suggesting otherwise.

Still can't argue that the price is the best you'll get for bullion coins, used or otherwise.

[HawkHybrid]

If STG send you new ones.

My RM tube coins had marks and nicks on them suggesting otherwise.

Still can't argue that the price is the best you'll get for bullion coins, used or otherwise.

 

maybe you could bring it up with @STG livia about this.

 

HH

[KDave]

If STG send you new ones.

My RM tube coins had marks and nicks on them suggesting otherwise.

Still can't argue that the price is the best you'll get for bullion coins, used or otherwise.

Perhaps send them a message about it see what they can do. If your unhappy tell the business, if your happy tell your friends, ect.

 

I had intended to buy from them but I am less interested after your experience. No one wants damaged bullion! I might as well stick to gold.

[sovereignsteve]

The few tubes of loose coins I've had have been a mixture; a couple were mint sealed and the odd one opened. None of them had any damaged coins in any respect.

[AuFinger]

I'll give them an email on Monday to see what they say.

I'm new to coin buying so I'm learning what terminology means and/or is normal on 'new' coins or used ones.

I'll try get some pics too. Might be interesting for other members to see how new RM coins look vs dealer new vs used vs bullion etc.