• The above Banner is a Sponsored Banner.

    Upgrade to Premium Membership to remove this Banner & All Google Ads. For full list of Premium Member benefits Click HERE.

  • Announcements

    • ChrisSilver

      Enter the YouTube competition   25/03/17

      Mention The Silver Forum or upload a The Silver Forum video intro in one of your videos and enter for a chance to win!

      Prize: Yet to be announced. Prize will be dependant on number of entrants.  Place your entry by 30th April 2017

      How to enter... Publish a YouTube video between 25th March and 30th April 2017 to YouTube with either; A mention of The Silver Forum in OR one of the video intros (found below) in the video. (Or feel free to do both mention and video intro) Please put a link to www.thesilverforum.com in the video description.
        Paste the link to your video in the topic below. Each separate video counts as an entry (make as many entries as you like) Each qualifying video will be entered into a prize draw to win a precious metals and/or gift card. Value of the prize will depend on how many entrants there are.
        To enter the completion please click the topic below:   

morezone

Moderator
  • Content count

    2,870
  • Joined

  • Last visited

  • Days Won

    114
  • Feedback

    100%
  • Country

    United Kingdom

Everything posted by morezone

  1. withdrawn

    I withdrew the purchase last night as there wasn't enough interest to make it viable. For those interested in buying any of the other sizes or organizing your own buy among friends, here is some into/tips: Gainnsville only accepts International Bank Wire payments for international customers with a minimum value of $2000 and shipping starts at $90. They will also authorise a 10% charge to your credit card. This does mean you cannot cancel an order or fail to make payment as they will most likely charge your card. Not sure if you would win should you dispute it with your credit card company. Just like Apmex, they will only take an actual Wire Transfer so you cannot use Transferwise/Currency Fair as they use ACH method for USA deposits. You will need to use one of the more expensive currency brokers or your own bank. Expect to pay charges in the region of £9-£15 as well as a currency exchange rate ranging 2-4%. International shipping should be via UPS and hopefully the declaration is done correctly. Ideally you should monitor the shipment on a regular basis. Customs clearance is electronic so starts even before the package arrives in the UK. You really need to look out for an "Exception" status where the item requires additional info before it can be finally cleared. This will be a signed declaration to confirm that the package contains investment gold so will be exempt from VAT & Duty. If the package is not flagged by the time it leaves the US then you really need to contact UPS ASAP and have them go over the customs clearance and amend it before it's finialised. If the package clears and arrives in the UK without any issues and you have not made contact there will be 2 likely scenarios. First possibility is that they will deliver the package and will invoice you at a later date (1-2 weeks). You will need to dispute it but not sure how successful it will be. Never tried UPS but Fedex was a waste of time. If unsuccessful you could refuse to pay the bill but they could pursue you and all future deliveries will need to be pre-paid before delivery. The other possibility is COD (cash on delivery). Personally I would not pay them at the door since you shouldn't have been charged VAT in the first place. Have them take the parcel back for redelivery and contact UPS to have them amend the clearance/invoice. If they can't amend then you would have to either pay the bill and take delivery or have the package returned. Either way it's not a good outcome. If the shipment is sent by USPS then any charges will be raised by Royal Mail/Parcel Force. It should be a simple procedure to contact UK Border Force and dispute and claim back. People have done it with numismatics charged at 20% instead of the 5% so I'd imagine it will be just as simple to correct for investment gold at 0%. NEVER mix gold and silver in the same order. It complicates things and creates hassle. If you can, buy from the EU.
  2. I'm thinking of ordering some Korean Tigers. These are from South Korean Mint - Korean Minting, Security Printing & ID Card Operating Corporation (KOMSCO) Some spiel: The obverse of the new Korean Tiger Bullion Series Medal features a tiger, symbol of courage, power and good luck. A geographical representation of the Korean peninsula in Hangul, or Korean script, is on the reverse. KOMSCO plans to offer these bullion medals on an annual basis. The medals will be minted on state-of-the-art machines and will incorporate anti-counterfeiting features. One example of such a feature is the changing appearance of the Hangul lettering as the medal is tilted and rotated. The Korean Tiger Bullion Series Medal will be struck in 0.999-fine gold, but other specifications have yet to be released to the public. 2016 Has been out for almost a year now and the 2017 is new. 2016 had a mintage around 4000. 2017 will most likely be more. Although from the Korean Mint, these are classed as medals since they are not legal tender and are just investment gold. The coins seem to have a proof like finish but they are classed as bullion. I know there is a current trend to have "flashy" coins/medals graded these days. These are sold as bullion in capsules and in a box. As such, there is no guarantee on the quality but being from Korea, I'd imagine they will be top notch quality. I am going to have along think about this over the weekend. Full disclosure. I am only doing a group buy to bring my own coin costs down and I will be making ~£15 on each coin. Please bear in mind that an international bank wire will cost you around £9 alone and I will be handling all aspects of ordering and customs etc. To make it worth while there needs to be around 8 buyers. I might still go ahead if there is slightly less. I aim to order on Sunday night. Currently there is only 12 of the 2017 in stock so it's not a guaranteed order even if 8 people join. If there isn't enough coins when it comes to ordering then it will be a first come first served basis but I won't order if there is less than 6 coins. 2017 will be £305 + £7.50 Special Delivery 2016 will be £320 + £7.50 Special Delivery
  3. withdrawn

    For anyone interested in a cheaper price, this dealer has some on pre-order: http://www.golden-coins.de/
  4. withdrawn

    Just a quick bump to remind people that I will need confirmed decisions today.
  5. I've dealt with them on many occasions but there are a few things you may want to be aware of before taking the plunge. He doesn't really speak English so any reply you get by email might need a little work to translate. He doesn't answer most emails (from my experience). He generally doesn't hold stock and everything is on a pre-order/to order basis. Having said that, I have dealt with him numerous times over the years and still continue to do so. The big but is... you have to be patient. The goods come when they come EDIT POINT: This is my experience and if you choose to buy from him, it is at your own risk.
  6. withdrawn

    By all means help but it would be helpful if you ran the numbers too to see if it would work out significantly cheaper or not since you already know my landed price is around £290. But thanks anyway.
  7. withdrawn

    Yes, that's where I will be buying from. Anyone is free to buy from there themselves but unless they live in the USA, there is no chance you will be able to land it for £312.50. As mentioned, I am going to be making around £15 which will be £305 - £15 = £290. From that £290 will be shipping and banking/currency costs which will then take it to around the buy cost. Not sure what the point of you post was since I was open about making money on it and yes, everything is cheaper in the USA but once add on shipping and any possible charges, it's no longer cheaper.
  8. Thought I'd start this thread to allow the posting of ALL deals on gold rather than having multiple new threads My deal today is with Atkinsons who have the 1/10th Isle of Man Angel. I've bought one because I've been after this little guy for ever and ever and they don't come around very often. When you do find them, they're usually proof with a crazy price tag. Only one left though at the time of posting.
  9. Current spot price is ~$1285 which will make it 1285/31.1 X 500 = $20659. Pinehurst asking $21736 making it 5.2% over spot.
  10. Gold upto 180% of spot is except from VAT & Duty. As long as the paper work is done correctly, there will not be any charges but if done incorrectly, you will be charged and will have to claim it back. Good lucky trying to buy from the US Mint. They take credit cards but because you are an international customer with no previous purchasing history with them they will most likely cancel the order. They will then give you the opportunity to pay by international wire but getting the funds allocated to the order may prove to be a difficult exercise.
  11. These 1/4 Lunars are USA exclusives. Not sure if they ever released a Horse but the Rooster is currently a Goldco exlcusive. Very unlikely to hit EU dealers but will probably spread to a few USA dealers eventually. Chances of it being available from RMB is slim unless they end up with surplus like they have done with the Sheep & Monkey. With them being exclusives and very very few places getting them in, completing a set would be hard. Might still be worth picking a few up since 1/4 is affordable and considered rare.
  12. 21% (17/14). Usually talking ~20% mark from dealers. Just a quick look at UK dealers you're looking at £20 min when buying a handful so you're talking around 40% from the large dealers paying VAT. Add on postage and it's closer to 50%. In summary, expect to pay ~20% premium on a coin (closer to 25% with postage etc) and if buying from a UK dealer, add on another 20% for the VAT. For limited mintages and collectibles you can expect an even higher premium.
  13. http://www.ebay.co.uk/itm/2x-Gold-Sovereigns-2017-/142345850742?hash=item2124794f76:g:U10AAOSww3tY7Mcg http://www.ebay.co.uk/itm/2-X-2017-Gold-Sovereigns-/142345856804?hash=item2124796724:g:CU8AAOSwnF9Y7MJ4
  14. 25k minatge. Supposed to be a Bullion Money of Australia exclusive but Apmex will be getting stock. Hope some EU dealers stock it too. From the Perth Mint: The Perth Mint has released a 1oz silver bullion investment coin featuring a mintage more in keeping with numismatic issues. Limited to just 25,000 coins, the 2017 Perth Mint Silver Swan 1oz Bullion Coin portrays an icon of Western Australia. Cygnus atratus, a black-feathered swan, was virtually unknown to the outside world until Dutch explorers visiting the Western Australian coast during the 17th century reported its existence. In 1697, Captain Willem de Vlamingh ventured into and named the Swan River, which flows through Perth to the Indian Ocean, on account of the flocks of black swans in the estuary. Settled by Europeans in 1829, Western Australia was originally called the Swan River Colony. Swan emblems soon appeared on official documents, bank notes, postage stamps, and on the original State Crest. As the bird emblem of modern Western Australia, it is represented on both the State Coat of Arms and State flag. On the occasion of Western Australia’s centenary in 1829, The Perth Mint struck a commemorative medal with a swan motif by heraldic artist George Kruger Gray. The ‘swan rampant’ was selected to portray the spirit and character of the State at the time, and this design for many years also represented the Mint. Today, we continue this tradition with a contemporary stylised swan logo known to investors, collectors and depositors around the globe. 2017 Perth Mint Silver Swan 1oz Bullion Coin Struck from 99.99% pure silver, the coin’s literal design visualises the graceful bird in its wetland habitat. In classic profile, the portrayal displays the swans long neck, which enables it to forage for food on the river bed, with broad wings that span up to two metres tucked together on its back.
  15. I'm just going to use EMK's price of €1875/ spot of €1200 = ~150% of spot. Your price ex VAT of €1713/spot = ~ 143%. In your case you also add 20% VAT taking it to €2040. Wouldn't 180% of spot at €1200 require a coin to sell for €2160 before VAT needs to be added. I'm confused.
  16. Some rounds - Heroes War is Hell, Apmex Lunar Horse, Sunshine Mint Route 66, Element Mint Statue of Freedom Niue Gardian Angel, Canadian 1.5oz Grizzly, Canadian Maple Leaf - Privy (150th Anniversary of the Confederation of Canada) & Canadian Maple Leaf - Privy (Panda V2). The 1.5oz Coin baffles me as to what series, if any it belongs to. Originally we had the 1.5oz Arctic Series (According to JM Bullion) with Polar Bear, Arctic Fox, Polar with Cub and Snow Falcon. Grizzly bear does fall into the Arctic category. Is it a new series or just a follow on. Was it an Arctic series or just a 1.5oz series or a release without any any name associated? There is no consistency between dealers as to how it's/they've been categorized. The release schedule of the 1.5oz was Polar Bear, Arctic Fox, Polar Bear with Cub, 2016 Multi Leaf, Snow Falcon, 2017 Multi Leaf, Grizzly Bear.
  17. withdrawn

    Odd. Should be one there. Done it for you.
  18. withdrawn

    Withdrawn? Don't forget to edit the prefix.
  19. Next on the list 2 Lion, 2 Horse, 2 Sheep, 2 Monkey, 2 Rooster
  20. I completely misjudged this one. When Apmex first put them on sale I worked out the cost for 100 and almost pulled the trigger but thought I'd wait for EU dealers to get them in. With 20% VAT, customs clearance fee and international payment charges there would have been plenty of room to work with. As long as I bought within the first week or so then it would work out cheaper or at least the same price at worst. So I thought anyway! The price slowly crept up and by the time they were listed for sale in the EU it was no longer any cheaper than Apmex's current price. Obvious choice was to buy from the EU so thought long and hard as to whether to still go ahead. No rush I thought. Only 2 dealers were listing them at that time. Wrong again! EU price jumped before the end of the day. I did still managed to get some but at a higher price and less quantity. Quite a few EU dealers now have it listed but the price is now ridiculous.
  21. 2g Gold Monkey Note from Shanghai Philatelic Corporation. Came with the main packaging. Originally sold with several sets of stamps but they've been split from the set. I already have an identical 1g from Baoquan Coin so it looks like Baoquan repackaged the 1g note for selling themselves or possibly vice versa but more likely the former. 2g 2014 Fifa World Cup Gold Note. Produced by MDM under licence from Fifa. MDM handled the official international commemorative coin programme for the 2014 FIFA World Cup™. I knew MDM was quite a large company but had no idea that they are the largest numismatic coin dealer/trader in the world with 500+ employees (according to them anyway)
  22. CIT's 0.5g Little Panda from the Special Gold Shaped Series. Little Panda shaped novelty coin.
  23. Not sure of the purpose of this thread so I've moved it and edited the title a little.
  24. Only applies to business to private sales. Does not apply to business to business or private to private sales.
  25. Didn't expect the price to rise so rapidly with this one and left it too late.