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TeaTime

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  1. Super Like
    TeaTime got a reaction from Aldebaran in Sterling to 9ct conversion estimate   
    Wow, that's a complex question.... Gold by volume is almost twice as heavy as silver - so, for example a cubic centimetre of silver would weigh 10.49g and the same in gold would weigh 19.32g. That would be for pure silver and gold.
    So you would need 78g of pure gold to make up the same volume as 43g of pure silver
    Sterling silver is 92.5% pure silver.
    9ct gold is 37.5% pure gold - usually alloyed with silver. 
    Assuming, in the end product, that 62.5% of it is silver . . . . and that's where i give up.
    BUT - gold is heavier than silver so it stands to reason that, regardless of purity, you will need more gold than silver to make an equivalent sized piece. 
     
  2. Haha
    TeaTime got a reaction from Sovhead in Sterling to 9ct conversion estimate   
    Wow, that's a complex question.... Gold by volume is almost twice as heavy as silver - so, for example a cubic centimetre of silver would weigh 10.49g and the same in gold would weigh 19.32g. That would be for pure silver and gold.
    So you would need 78g of pure gold to make up the same volume as 43g of pure silver
    Sterling silver is 92.5% pure silver.
    9ct gold is 37.5% pure gold - usually alloyed with silver. 
    Assuming, in the end product, that 62.5% of it is silver . . . . and that's where i give up.
    BUT - gold is heavier than silver so it stands to reason that, regardless of purity, you will need more gold than silver to make an equivalent sized piece. 
     
  3. Like
    TeaTime got a reaction from GodsMoney in Sterling to 9ct conversion estimate   
    Wow, that's a complex question.... Gold by volume is almost twice as heavy as silver - so, for example a cubic centimetre of silver would weigh 10.49g and the same in gold would weigh 19.32g. That would be for pure silver and gold.
    So you would need 78g of pure gold to make up the same volume as 43g of pure silver
    Sterling silver is 92.5% pure silver.
    9ct gold is 37.5% pure gold - usually alloyed with silver. 
    Assuming, in the end product, that 62.5% of it is silver . . . . and that's where i give up.
    BUT - gold is heavier than silver so it stands to reason that, regardless of purity, you will need more gold than silver to make an equivalent sized piece. 
     
  4. Like
    TeaTime got a reaction from GoldDiggerDave in Gazette Proclamation - Harry Potter: The Winged Keys   
    Or, if feeling extravagant - a pack of Stuyvesant to share amongst friends. LOL
  5. Haha
    TeaTime reacted to KitboyE17 in Gazette Proclamation - Harry Potter: The Winged Keys   
    Yes, it’s funny but I always see the Queen in my mind exactly as she was on a pound note. And I used to spend my dinner money on 10 JPS for only 50p 😝 
  6. Like
    TeaTime reacted to GoldDiggerDave in Gazette Proclamation - Harry Potter: The Winged Keys   
    Release like this are a "necessary evil " and it's easy for advanced collectors to dump on them.  The industry needs cross genre products to drag fresh blood into the interest and get people into collecting and buying coins.   
    I started collecting circulation commemorative 50p's and its  lead into opening so many different avenues for me  with this hobby/interest and now business.  
    The biggest challenge the RM will have is pulling new people into the interest with a product aka coinage thats practically become obsolete for some generations already,  give it another 10 or so years and kids of that   generation will not even be handling coins they will never  have a coin in their pocket go to the shop to spend it and receive others coins back in change.   
    As a child I felt rich with a newton £1 note in my pocket and I loved the massive 50p's  always thought the queen looked pretty (2nd portrait by Arnold Machin)   this is how I remember queen. Usually I'd be given a £1 note off the old man to walk to the shop and by a packet of fags for him I still remember 10 players No 6 were 76 & 1/2  pence a packet  and would get 10p for going, this was the time where  half pence sweets were a thing, the prise was the 3 pence sweets the white chocolate fish and chips for those who remember those.........There is so much nostalgia with handling currency  going forward I doubt there will be the same for those  tapping a card or phone for future generations.  
     
     
  7. Like
    TeaTime reacted to LiquidMetalsUK in Today I Received.....   
    @RiverbankSilverbeautiful delivery as always 😁💪


  8. Like
    TeaTime reacted to JeffM in 2024 Britannia proof range   
    Got my 2-coin set today.  Just magnificent!  The design and detail are great.  There’s even a spray of bubbles coming off the waves.  Nicely done.  Love the side-by-side contrast of the two proof finishes.
  9. Like
    TeaTime reacted to Charliemouse in Royal Mint 'Quality'   
    Just for interest, the quarter uses a font called Albertus (Identifont - Albertus).  It has a stem on the capital U, which does make it look lower case.
  10. Like
    TeaTime reacted to Charliemouse in Royal Mint 'Quality'   
    People mean lots of different things when they talk about quality.  Probably not an exhaustive list, but here is how I would break it down.
    Intricacy and fineness of the design.  This is a factor of the time and skill invested into the design and 'mastering'.  Constant across all individual coins of the same design. Depth and detail in the coin.  This is a factor of the capability of the machines, and the ambition of the design.  Could vary between first and last strike. Chance of individual coins having acceptable levels of faults.  This is a factor of the quality and maintenance of the machines and raw materials, the quality of handling, the ability and willingness of the QC process to find issues.  Varies coin to coin. Number 1 is going to be very subjective.  RM release a lot more designs each year than they used to, and whether one is better than another varies with personal opinion.
    Number 2, the relief and detail inherent in the designs, have clearly worsened.  e.g. In bullion, it is obvious to see the newer sovereigns are flatter and more 'jelly' like than they used to be.  I don't think that is disputable.  And with the albeit limited sample of microscope photos I have taken, you can clearly see the detail in proof sovereigns has diminished over the last e.g. 30 years.  And there is an obvious trade off in the real world.  A highly ambitious design will probably cost more, be harder to mint, and will generate more faulty coins.
    Before this is a 100% Royal Mint bashing exercise, I would say that I saw similar reduction in detail with Perth Mint coins across the same time period.
    Whether 3 has become worse in absolute terms, I honestly don't know.  From all the voices on the forum, clearly it has.  But I haven't been collecting long enough, and I don't own enough 'older' proof coins to see that objectively.  Coin for coin, I have no idea what the return rates used to be.  I think the return rates for everything, from cars to lightbulbs, is much higher than it used to be (for all sorts of reasons), so again that is very difficult to compare.  I know that people are now able to scrutinise coins in far more detail.  I also know that people on this forum are far more discerning than the average punter.
    My personal experience buying proof coins from RM is that the first time I receive a proof it probably has a 70% chance of having unacceptable levels of faults.  I will send it back and the second time it will have maybe a 20% chance of having unacceptable faults.  This has happened multiple times.  The difference between those numbers is too large to be a coincidence.
    So... one must conclude that RM has a systemic bias, either intentional or not, between the first release of coins and later fulfilling of returns.  I am sure conspiracy theories abound.  To be explicit, an example of an unintentional bias could be that the returns are fulfilled with later runs, where they have learned about the characteristics of the coin, are producing lower numbers, and therefore the chance of coins having errors is reduced.  And example of an intentional bias could be that they believe the majority of their sales will be to people who don't scrutinise the coins closely, so they hold back the higher quality coins for those that bother to complain.
    Discuss.
  11. Like
    TeaTime reacted to SidS in Royal Mint 'Quality'   
    With regards to point 2, nearly all national mints have been reducing the relief of their currency coins.
    The US quarter has been deteriorating since 1998. Here are some later examples I found after a quick search. The descent into spaghetti hair is very obvious.
     

  12. Sad
    TeaTime got a reaction from Agaupl in RM blister pack   
    Not sure if i'm missing something obvious but the 1oz 2024 Britannia coin on the RM site is currently listed at £800.66. https://www.royalmint.com/invest/bullion/bullion-coins/platinum-coins/britannia-2024-1oz-platinum-bullion-coin/
    The same coin in a blister pack is listed at £847.28. https://www.royalmint.com/invest/bullion/bullion-coins/platinum-coins/britannia-2024-1-oz-platinum-bullion-coin-in-blister/
    That's a hell of a price for the packaging considering the premium for the blister pack on the same gold coins is less than £2.
    Oh, and i'm assuming they're gonna add VAT to that too 😕
  13. Like
    TeaTime got a reaction from MBTPSilver in PM pocket check! What you carrying daily?   
  14. Like
    TeaTime got a reaction from stackerp5 in PM pocket check! What you carrying daily?   
  15. Like
    TeaTime got a reaction from Earthmetal in PM pocket check! What you carrying daily?   
  16. Like
    TeaTime got a reaction from iacabu in PM pocket check! What you carrying daily?   
  17. Super Like
    TeaTime got a reaction from Aldebaran in PM pocket check! What you carrying daily?   
  18. Like
    TeaTime got a reaction from AaaGee in PM pocket check! What you carrying daily?   
  19. Like
    TeaTime got a reaction from Muncle in PM pocket check! What you carrying daily?   
  20. Super Like
    TeaTime got a reaction from James32 in PM pocket check! What you carrying daily?   
  21. Haha
    TeaTime got a reaction from stefffana in RM blister pack   
    Not sure if i'm missing something obvious but the 1oz 2024 Britannia coin on the RM site is currently listed at £800.66. https://www.royalmint.com/invest/bullion/bullion-coins/platinum-coins/britannia-2024-1oz-platinum-bullion-coin/
    The same coin in a blister pack is listed at £847.28. https://www.royalmint.com/invest/bullion/bullion-coins/platinum-coins/britannia-2024-1-oz-platinum-bullion-coin-in-blister/
    That's a hell of a price for the packaging considering the premium for the blister pack on the same gold coins is less than £2.
    Oh, and i'm assuming they're gonna add VAT to that too 😕
  22. Like
    TeaTime reacted to Silverlocks in Royal Mint 1oz Platinum Bars   
    That's what puts the kybosh on Platinum for me.  At least with silver you can fairly easily buy and sell on the secondary market, which brings the spreads down into sanity - you don't lose all the dealer margin and VAT.  Platinum doesn't really have the presence and liquidity.  I feel that if you had a load of platinum bars or coins to shift in a hurry, you'd have trouble offloading them without going back to the dealer market and taking a bath for all the VAT and margin.
    VAT is the real killer here in Blighty.  You could do it through an ETF or Bullion Vault perhaps.
  23. Haha
    TeaTime reacted to HonestMoneyGoldSilver in Una and the Lion bars.....   
    Yep. These are before and after pics
    One is Una and her lion getting ready for a night out, the other is them returning at 9am the next morning
  24. Sad
    TeaTime reacted to tpcob303 in Emergency funds   
    I would hold up to a whole years worth gross salary income for myself personally. 
  25. Like
    TeaTime reacted to SidS in Emergency funds   
    This is me.
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