RM just rang me since I have reserved two on Wednesday , they have to cancel the one I have order this morning 🤣 what a waste of time
so whoever who is golod / plantium member with royal mint will get one if u ring them
Ha! Looks like they have already, lumbered with this howler of a coin!
I would gladly contribute a couple of quid to a crowdfund to buy this type of a dog of coin, and get the popcorn out and watch them melt in @BackyardBullion‘s furnace.
OK, its taken a few weeks for me to get everything set up and in place, but now I have done so and I couldn't be happier.
How I pay no taxes on my income:
Gross annual Income: 46k from dayjob
- Put everything above 19k into my work pension scheme via salary sacrifice (this means contributions come from my gross pay). Together with the bog standard 5% employer match, that fills out 30k into my work pension. I would then ordinarily pay standard income tax of £1300 and NIC of £1244 on that 19k, and get to take home £16,457.
- Claim £243 per month in childcare vouchers, again this is a salary sacrifice scheme where I can buy the vouchers from gross salary. This further reduces my income tax bill to £715 and NICs to £895 and my take home pay to £14,475.
- From the £14,475 net take home, I bung 8k into a separate private pension (SIPP), which automatically claws back 20% tax relief, so I get £10k in total. That already more than offsets the total income tax + NICs that I paid, and I have fully used my annual pension allowance of 40k (30k work pension + 10k SIPP). I have 14,475 - 8000 = £6,475 left of my take home pay per year (and I haven't even made use of any carry-forward).
- Put £2.5k into daughter's JSIPP, again I get 20% tax relief of £625 so £3125 gross goes in, and leaves me with £3975 left of my take home pay.
In total I get:
£3975 take home
Total: £49,975 from a 46k salary
Now, I'm a pretty frugal chap, but £3975 a year for living expenses won't cut it. The key is that I do have a decent tax-free side income from Advantage Playing which makes a lot of this possible. "Unfair - that's a unique position and so not applicable to me" I hear you say... well, maybe, but there are other hustles you can do to earn money on the side and thus similarly optimise your "official" finances, eg you can rent out up to 2 rooms in your home for up to 7500/pa each without having to pay any tax, or if you have a situation where you can take voluntary redundancy and line up another job pretty quick, you get a tax-free lumpsum to live off for however long you can make it last while similarly arranging your tax affairs from your new job.
No queuing system, on sale for two hours and the 400 gold coins are still only 70% sold? Yep, a flop.
To be fair, probably just everyone waking up to the fact that most of the releases aren't going on to perform like the Peter Rabbit and Snowman coins.
A pretty uninspiring design too.
I'd be the opposite. If I had the money I wouldnt buy low premium, I'd buy the best coins money could buy. ie condition, rarity etc.
The only lowish preminum coins I'd buy would be tubes full of Sovereigns. I'd get bored of only having one type of coin.
This thread is intended as a resource to help new stackers/collectors
Please see below links to various Silver Forum discussions over the years on the topic of "what to buy" silver vs gold, stacking vs collecting, bars vs coins etc
Note: These discussions are UK oriented and are about what to buy in our humble opinions, not where to buy.