Jimmock

I think what @Fenlander1 may be getting at(I may be totally wrong)😁 is that recently,there seems to have been an increase in members who are able to sell seemingly limitless amounts of silver at, what seems to me, a very low premium. Thus making it virtually impossible for the everyday stacker to turn over a few oz here and there,without having to sell at a loss.

I think what @Fenlander1 may be getting at(I may be totally wrong)😁 is that recently,there seems to have been an increase in members who are able to sell seemingly limitless amounts of silver at, what seems to me, a very low premium. Thus making it virtually impossible for the everyday stacker to turn over a few oz here and there,without having to sell at a loss.

I think what @Fenlander1 may be getting at(I may be totally wrong)😁 is that recently,there seems to have been an increase in members who are able to sell seemingly limitless amounts of silver at, what seems to me, a very low premium. Thus making it virtually impossible for the everyday stacker to turn over a few oz here and there,without having to sell at a loss.

I think what @Fenlander1 may be getting at(I may be totally wrong)😁 is that recently,there seems to have been an increase in members who are able to sell seemingly limitless amounts of silver at, what seems to me, a very low premium. Thus making it virtually impossible for the everyday stacker to turn over a few oz here and there,without having to sell at a loss.

I think what @Fenlander1 may be getting at(I may be totally wrong)😁 is that recently,there seems to have been an increase in members who are able to sell seemingly limitless amounts of silver at, what seems to me, a very low premium. Thus making it virtually impossible for the everyday stacker to turn over a few oz here and there,without having to sell at a loss.

Unfortunately this was always going to be the side effect of a small market being flooded it started with Britannia’s and is now hitting the more collector items, from what I can tell and in my personal opinion the secondary market has hit the critical saturation point as there are only so many of us stackers/collectors out there and most people are stocked up rightly or wrongly on the cheapest available so the only way for price to go is down the so called race to the bottom.
I was just curious as to others thoughts.
 
 

I think what @Fenlander1 may be getting at(I may be totally wrong)😁 is that recently,there seems to have been an increase in members who are able to sell seemingly limitless amounts of silver at, what seems to me, a very low premium. Thus making it virtually impossible for the everyday stacker to turn over a few oz here and there,without having to sell at a loss.

The monster box has brought it to light for me personally as is an example  it is getting harder to sell Singles at anywhere near there true inflation value. 
Questionable origin isn't meant to be cryptic but when new silver can be sold at less than spot plus 20% it is of a questionable origin to me personally.

Easy peesy one - £220 posted S.D.
Bank Transfer Only
Cheers. J.

Easy peesy one - £220 posted S.D.
Bank Transfer Only
Cheers. J.

I'll take these off your hands.

Easy peesy one - £220 posted S.D.
Bank Transfer Only
Cheers. J.

Easy peesy one - £220 posted S.D.
Bank Transfer Only
Cheers. J.

Easy peesy one - £220 posted S.D.
Bank Transfer Only
Cheers. J.

Easy peesy one - £220 posted S.D.
Bank Transfer Only
Cheers. J.

Easy peesy one - £220 posted S.D.
Bank Transfer Only
Cheers. J.

Thank you for your email.
 
 
 
There is a long version of the reply to your questions but the short answer is this,
 
 
 
The Margin Scheme run by HMRC allows us to re sell pre owned silver coins without the vat as they are “Collectable” coins. Any other silver, bars, rounds etc MUST be charged with VAT.
 
 
 
That is the rule if we buy the coins from the public. If we buy the coins from a client who has bought them through their business then we pay them the VAT and we must follow the line of VAT and charge VAT on the coins even though they are pre owned.
 
 
 
Hope that helps?
 
 
 
Kind Regards
 
 
Paul
 
 
 
This was reply I received from atkinsons when I questioned them about it.
 
 This is from another thread on here from 2017,this is the answer I received from Paul Atkinson,when I asked him about it. 😁

Basically,because it's only pre- owned coins that are vat exempt. 😁

I'm still on the sidelines,waiting till your sick enough of them,that you'll pay me to take them. 🤣🤣

This is the way

Nice set there pal.

I can understand where your coming from,but on the other hand,if I'm being honest,I personally would be a bit dubious about posting pm's to just a p.o. box address.

I regularly bid in auctions,but never bid live,always just leave an absentee bid for maximum I'm happy to pay,with fees factored in. I maybe only win 1 in 20,but I'm happy with that. 😁

Post moved to Non Pm  

Hi could a mod,move this to non pm trade section. Sorry.😚😚