Gold stacker

[Guest]

Twizy - gotta admire those gold Libertads ! Big fan, but like mr dead, have not yet got any of those beauties. Hopefully it's easier to source them from Florida than here in UK. I have got the parallel 7 coin Lib proofs in silver, which are great too ....so I need the gold set to compare and contrast! Thanks for sharing that picture.

Thanks it is not easy obtaining these things in the UK. Some find their way from Germany and this makes it slightly easier but I have found Americans generally reluctant to send goods out of America. There seems to be a lack of understanding of the world outside America and a belief that the process of filling in a customs declaration is in somehow difficult.

I have found the process of buying gold Libertads fairly hit and miss. The protection provided by the mint for the BU gold Libertads is completely insufficient and I have had several coins with scuffs and rim damage delivered from Germany and France. The coins are 999 and thus very soft and prone to damage.

A couple of months ago I bought a 1/20th 2014 BU from a dealer in Germany and I sent it to NGC for grading. It arrived back with a purple label and a note saying rim damage.

Now I am much more careful to inspect each coin carefully.

This is an example of a quarter ounce 2014 BU coin. It was sent to me by a dealer in France and had a scuff on the front and some minor rim damage on the side..

The dealer would not allow the return via eBay and protested that the coin walls packed correctly which indeed it was. It just so happened that it was clearly already damaged prior to packing.

It took several weeks of negotiating and a case open with eBay to resolve this matter and ebay agreed that the coin should be sent back to the dealer and refund on the basis that it did not appear to be as described.

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Edited January 24, 2015 by Guest

[Pipers]

I like your proof set twizynorthwood. I have a 1oz BU Gold Libertad I think I will check it again for slight rim damage.  Though to be honest if it comes like that and there are lots of them like that from the mint one could argue that's there standard.

 

 I never send coins off to be graded, why do you send them off to be graded is it to make money or for collecting purposes.

 

One note anyone who has the American Buffalo 1oz Gold coin will know the thickness at the edge of the coins  is different all the way around.  When I got my first one I rang the bullion dealer thinking it was damaged or a fake but everyone is the same but not exactly the same apparently its down to the pressing of the coin  and the amount of presses it takes.

[Guest]

I try to grade my coins just for collecting purposes as I'm sure it costs me more than I would get since I pay full price.

I like the consistency of presentation and the fact that the condition is frozen in time. Also higher grades are worth a premium.

I don't like PCGS capsules so I always use NGS.

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[mr-dead]

Just spotted something weird on ebay I like and trying to get the funds sorted

 

300g of 999 gold -

 

 

 

 

 

http://www.ebay.co.uk/itm/271749249953?_trksid=p2060778.m1438.l2649&ssPageName=STRK%3AMEBIDX%3AIT

 

Dont know why but it reminds me of this lol -

 

http://i.imgur.com/bYx9Fny.png

Edited January 26, 2015 by mr-dead

[motorbikez]

You are joking right

[mr-dead]

nope, waiting to cash in some bitcoin to free up some cash to buy it lol.

[motorbikez]

OK to each his own

[Paul]

it is certainly a unique & visual piece  

 

but it is price, £10,648.56 / 300g = £35.4962 per g x 31.103 = £1104.03 per oz (!)

 

Current HGM stock £880 per coin @ 3% over

£10648 / £880 = 12oz of gold + £88 quid change

 

Would be a hard piece to move I would think, might only get melt for it which would be a great shame

[Kman]

How long have you been thinking of getting it for?

[mr-dead]

Spotted it last night

[mr-dead]

anyone else spot the gold palace on ebay -

 

just shy of 1/2 million $

 

 

http://www.ebay.co.uk/itm/Ralph-Togel-Masterpiece-7-LBS-Gold-Diamonds-Rubies-Emeralds-Sapphires-Pearls-/181299687227?pt=Art_Sculpture&hash=item2a364daf3b

 

27 offers to date

Edited January 26, 2015 by mr-dead

[morezone]

@mr-dead. You'd have a field day in HK and China.  All kinds of ornamental .999 gold items.

[mr-dead]

Would love to visit there on hols in the future.

 

On my to do list

[morezone]

Not been for a long time.  Hope to go back soon myself

 

 

[Cointreau]

Just spotted something weird on ebay I like and trying to get the funds sorted

 

300g of 999 gold -

 

 

 

 

 

http://www.ebay.co.uk/itm/271749249953?_trksid=p2060778.m1438.l2649&ssPageName=STRK%3AMEBIDX%3AIT

 

Dont know why but it reminds me of this lol -

 

http://i.imgur.com/bYx9Fny.png

Precious metal transformed into cack.

[mr-dead]

more interesting than staring at a bar though.

[Danny-boy]

Precious metal transformed into cack.

Maybe a bit of tact wouldn't go amiss.

People like different things, and to call it "cack" when a member has expressed an interest in buying the object is a tad harsh.

[HelpingHands]

Yeah, I had to hold back on calling that coin Sham liked as a meatball on a plate.

[Danny-boy]

Yeah, I had to hold back on calling that coin Sham liked as a meatball on a plate.

I hadn't thought of it like that, but I do see what you mean.

You didn't hold back for too long though did you.

[HelpingHands]

Nope. Its the art of holding back without holding back.

[Cointreau]

Maybe a bit of tact wouldn't go amiss.

People like different things, and to call it "cack" when a member has expressed an interest in buying the object is a tad harsh.

I was being kind! It's a toad for God's sake.

[redrug]

I was being kind! It's a toad for God's sake.

 

 

Or a golden frog waiting to be kissed.

[Danny-boy]

I was being kind! It's a toad for God's sake.

Understood, but your dislike for the object could have been more appropriately worded.

Please be more kind.

[mr-dead]

1858 Shield back sov & 1914 half sov from Hatton Gardens -

 

 

[ChrisSilver]

If I had your spending power Mr Dead, I would pick up one of these: https://www.coininvest.com/en/gold-coins/australian-kangaroo/nugget-kangaroo-10oz-gold-1996/

As far as I can work out from the mintage numbers, they only minted the 10oz version between 1987 and 2009 which was the last year. This 1996 one had a mintage of only 1358.