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Mike

Silver Premium Member
  • Content Count

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    United Kingdom

Reputation Activity

  1. Like
    Mike got a reaction from goldmember44 in Sirius minerals shares   
    When I started work, back in the late 80s (that's the 1980s for you youngsters) there was all the hype about dragon oil shares - they were penny shares and lots of us bought £1-200 worth.  They tanked.  I stuck the certificate in a box and forgot about it. About 5 years ago, I found the share certificate by chance and looked up the share price, they had restructured, I owned fewer shares but they were worth over £1000 at £6 per share.  So I added them to my portfolio, until in 2015 they were bought out at £8.00 a share I received a cheque for £1300.  The moral of the story, buy and hold, if you can afford to do so, you never know what may happen in the future!  Thanks for reading and happy investing
  2. Like
    Mike got a reaction from Tn21 in Sirius minerals shares   
    When I started work, back in the late 80s (that's the 1980s for you youngsters) there was all the hype about dragon oil shares - they were penny shares and lots of us bought £1-200 worth.  They tanked.  I stuck the certificate in a box and forgot about it. About 5 years ago, I found the share certificate by chance and looked up the share price, they had restructured, I owned fewer shares but they were worth over £1000 at £6 per share.  So I added them to my portfolio, until in 2015 they were bought out at £8.00 a share I received a cheque for £1300.  The moral of the story, buy and hold, if you can afford to do so, you never know what may happen in the future!  Thanks for reading and happy investing
  3. Like
    Mike reacted to blackadder in Royal Mint Marque Manager   
    Is there a peasant scum tier,for us lowly people
  4. Like
    Mike got a reaction from terakris in Royal Mint Marque Manager   
    Just received an invite to the new. Tiered service of mint marque at the Royal Mint
    https://www.royalmint.com/mintmarque
    Looks interesting - 50k spend for platinum tier...
     
  5. Like
    Mike got a reaction from MickD in Gruffalo Gold Proof 50p NGC PF70 UC   
    For sale today I have my Gruffalo gold proof 50p coin, graded PF70 UC by NGC.  Complete with RM Presentation Box and COA
    Price £995 + Postage of your choice.




  6. Like
    Mike got a reaction from gazer in Gruffalo Gold Proof 50p NGC PF70 UC   
    For sale today I have my Gruffalo gold proof 50p coin, graded PF70 UC by NGC.  Complete with RM Presentation Box and COA
    Price £995 + Postage of your choice.




  7. Like
    Mike got a reaction from AndrewSL76 in Gruffalo Gold Proof 50p NGC PF70 UC   
    For sale today I have my Gruffalo gold proof 50p coin, graded PF70 UC by NGC.  Complete with RM Presentation Box and COA
    Price £995 + Postage of your choice.




  8. Like
    Mike got a reaction from harrygill111 in Gruffalo Gold Proof 50p NGC PF70 UC   
    For sale today I have my Gruffalo gold proof 50p coin, graded PF70 UC by NGC.  Complete with RM Presentation Box and COA
    Price £995 + Postage of your choice.




  9. Like
    Mike got a reaction from terakris in Gruffalo Gold Proof 50p NGC PF70 UC   
    For sale today I have my Gruffalo gold proof 50p coin, graded PF70 UC by NGC.  Complete with RM Presentation Box and COA
    Price £995 + Postage of your choice.




  10. Like
    Mike reacted to Tn21 in New European Mint Group Orders - OPEN NOW!!!   
    By buying BYB hand poured silver and supporting the sale of their products and services 
  11. Thanks
    Mike reacted to BackyardBullion in New European Mint Group Orders - OPEN NOW!!!   
    We are very happy to announce that we have finally gotten to a place where the European Mint Group Orders are able to move forward!
    PLEASE READ THE FOLLOWING CAREFULLY AS THE WORKINGS OF THE "GROUP ORDER" HAVE CHANGED SIGNIFICANTLY
    Big changes to the way group orders work
    To comply with the new VAT responsibilities facing all things Backyard Bullion we have had to change the way that group orders run. 
    We hope that what we can offer is still a worthwhile service for some people. That said, we know that these changes will not suit all and we are sorry for that. Please respect our decisions to run things the way they need to run to protect ourselves as a business. 
    The biggest change is that you will no longer place orders with me (Backyard Bullion). Orders will be placed directly with The European Mint and then "Vaulted" with them. When certain thresholds (mainly weight) are met, parcels will be shipped - or, at the end of each month.
    This change does take away one of the benefits of the old orders - having to pay the EU mint directly via IBAN transfer. Doing this is not as difficult as you might expect and we are happy to help and guide people through that process if needed. 
    Do these changes mean less savings on group orders?
    Fundamentally the savings will be the same. The only issue is that of payment directly to the European Mint. 
    International shipping will still be 1.2% of your order. So for an order of 50 oz of silver you would have been paying €48 to EU Mint directly. With this order you would pay about €9 in international shipping and (with special delivery) £13 for onwards postage, meaning about a £20+ saving overall. 
    How do you pay the EU Mint directly!?
    It is actually not that complicated. I use a transfer service called Transferwise and I would be more than happy to guide you through the process of payment. You can also pay the EU mint via PayPal - although there is a 4% charge for this. You can also pay using your own bank (but my advice would be to avoid this because of the charges and poor exchange rates). 
    If you want help getting payment to the EU Mint please feel free to get in touch. 
    The new order of play....
    How the new group orders will work?
    This is a general summary of how a group order will work:
    1) You place an order with the European Mint directly.
    2) During the checkout process you will need to apply the following code "BYBGROUPORDER" This code gives you a massive €0.01 discount on your order - but more importantly allows the EU mint to identify group order orders. 
    3) Select the "Add orders to storage" option on the shipping section. 

    4) Message me here on the forum (or via email to info@backyardbullion.com) with your order summary (ideally a copy of your invoice). 
    5) We (Backyard Bullion) then will offer a free service of arranging delivery of your items. We will instruct the courier to pick up your order(s), deliver them to us and we will then distribute like we have with previous group orders. 
    6) This service is FREE. This means that I do not have to charge you VAT on the shipping costs. However we will, of course, still have to bill you for shipping. The courier costs from the EU Mint to us will be the same rate as before (1.2% of the order value) and will be passed on to you as a disbursement cost. The UK postage will be the same as previous group orders and I will cover those in more detail later in this thread.  
    So that is basically how these group orders will run!
    NO MORE WEEKEND ONLY ORDERS!!
    One of the perks of this new arrangement is that we are no longer bound by weekend only orders. You can place your orders any time with the EU mint directly. 
    What can I order and does it include Pre-order items?
    You can order anything on the EU Mint website. However, you may notice that the European Mint have a significant number of items that seem "in stock" but are in fact pre-order. These items are usually sourced to order by the EU mint and as such take about 2-3 weeks to arrive with them. So, feel free to order these items but be aware that your entire order cannot be delivered to me and subsequently to you until those orders have been received by the EU Mint. 
    Monthly deliveries & weight thresholds
    The way we envisage these orders working is that at the end of each month we will have a dispatch of all orders which can be fulfilled. So, if you place an order for pre-order items you may have to wait until the end of the following month for your orders. This could be as much as a 6 week wait. You have been warned. 
    However, we will also be shipping items that are ready to go if/when certain weight/value thresholds are met. This will allow us to get orders out sooner and not have 60kg+ parcels to process!
    So there are no deadlines to order, you can order whenever you want. We (EU Mint) and I will keep you all as updated as possible about estimates for delivery of your order(s)
    General Terms and Conditions
    1) I (Backyard Bullion) cannot take financial responsibility for lost/damaged items that are part of this group order.
    2) You agree that I (Backyard Bullion) will act as an agent on your behalf to arrange and pay for a courier to pick up your orders. 
    3) Backyard Bullion can only dispatch your order upon successful delivery from the European Mint and only upon payment of a separate postage invoice.
    4) Any loss or damaged item claims will be initiated and managed by me (Backyard Bullion) and any payouts for claims can only be made upon the successful payout from said claim. Backyard Bullion cannot be held financially responsible for any unsuccessful claims.
    5) You are liable for any and all taxes/import duties that may be applied to your order for your home country of delivery. 
    Delivery from me to you
    This part is essentially identical to previous group orders. 
    How do I get my coins from Backyard Bullion?
    We will send you an invoice which will include the cost of your share of international postage (1.2% of your orders value) and your options for postage from us to you. 
    Here is a quick guide as to what the onwards postage costs will be - this is subject to change where appropriate and is meant to give you a guide as to the costs of postage only. 
     
    Please note that the maximum that you can send via Royal Mail Special delivery for a decent price is 2kg (about 55 oz). 
    If you would like to order more than this please get in touch to discuss shipping options.  
    ****Please also note that there is NO PRECIOUS METALS INSURANCE on any royal mail service other than Special Delivery****
    What happens in the event of an issue with delivery?
    We (Backyard Bullion) cannot be held financially responsible for the loss/damage of any items in this group order. The European Mint has insurance for their parcels but I have never had to put a claim in and I do not know how likely it might be that something is refunded should it go missing in transit. There is an intrinsic risk in ordering from any international company but I am confident that we will be able to resolve anything that might happen. Please bear this in mind before joining the order. 
    It is important to note the above terms and conditions and re-iterate that joining this order is at YOUR OWN RISK. I cannot be held responsible if items are lost/damaged when arriving from the European Mint.
    Should there be any issues I will of course endeavour to work with the dealer to solve them, but I cannot guarantee a resolution. 
    Delivery from me to you is of a postage method of your choosing. As I have mentioned above there is no precious metals insurance for anything other than Royal Mail Special Delivery. In the event an order is missing or damaged any insurance claims will be made by me (Backyard Bullion) and refunds can only be paid upon successful completion and payout from Royal Mail. In the event that a claim by Royal Mail is denied I cannot be held financially responsible.
    OUR SERVICE IS FREE - THIS MEANS NOT VAT!!!
    It is important to re-iterate that the service that we (Backyard Bullion) are offering is completely free. 
    This means we will not have to charge you VAT on your shipping costs.
    You are more than welcome to make a community donation at any time if you see fit - just let us know if you want to. Any community donations will go a long way to buying a slap up takeaway for Mrs BYB every month!
    However, the best way you can support us would be via our Hand Poured Silver.
    We still have 1 oz Silver Forum Bars available!

    Have you got any questions?
    If you have any questions or would like any more information then please don't hesitate to ask here or via PM. 
  12. Like
    Mike got a reaction from DrKarlMoneys in We are sorry....Group Orders are no more blame VAT registration!!!   
    Absolutely key that you understand your position and exposure herre
    I guess a potential solution is for someone else from the forum to submit the Group order in the event that you get stung for VAT?
     
     
  13. Like
    Mike reacted to BackyardBullion in We are sorry....Group Orders are no more blame VAT registration!!!   
    The biggest issue is that I am a sole trader, so it is me, my person, not the entity and business that is VAT registered. So in theory anything I do could be part of the business - especially as we are buying coins which is similar to my business. 
    I always viewed it as a collective buying group before, separate to the business. But when the VAT man has his eye on you and you need to do compliance checks and inspections it is not worth the risk. 
  14. Like
    Mike reacted to BackyardBullion in We are sorry....Group Orders are no more blame VAT registration!!!   
    Some of you may have noticed that I put up a thread about a possible next group order - it was actually a draft thread I was preparing and accidentally made it live. 
    I have subsequently taken it down. 
    We are in the process of doing some due diligence with our accountant about the group orders and how it might relate to our VAT registration. 
    It is an incredibly complex situation and I am sure you can all appreciate the significant financial liabilities that might occur from not following the rules. 
    So, for the time being please bare with us and sorry for getting your hopes up in that mistaken thread posting!
  15. Thanks
    Mike got a reaction from terakris in 2018 Paddington @ Station Gold 50p PF69UC   
    I actually prefer this one to Paddington at the Palace.  Probably because I'm a bit of a train geek and the InterCity 125 in the background!!!
    Hope it sells, great price for a great coin
  16. Like
    Mike got a reaction from MickD in 2005 PF69 Sovereign   
    FINAL REDUCTION £450
    For sale today I have a 2005 NGC PF69 Ultra Cameo full sovereign
    Price £470 £450 plus your choice of postage
    Box and COA included

  17. Like
    Mike got a reaction from terakris in 2005 PF69 Sovereign   
    FINAL REDUCTION £450
    For sale today I have a 2005 NGC PF69 Ultra Cameo full sovereign
    Price £470 £450 plus your choice of postage
    Box and COA included

  18. Like
    Mike got a reaction from Goldmick in 2005 PF69 Sovereign   
    FINAL REDUCTION £450
    For sale today I have a 2005 NGC PF69 Ultra Cameo full sovereign
    Price £470 £450 plus your choice of postage
    Box and COA included

  19. Like
    Mike reacted to Goldmick in 2019 sovereign. £235   
    2019 bullion sovereign. Comes in capsule. Never been out of capsule brand new. Can upload pictures later not at home at moment lol. Check out my great feedback £235 plus postage. Selling to buy another coin thanks 
  20. Like
    Mike reacted to Marc in 2019 Peter Rabbit 50p   
    Coin connection was cheaper than the royal mint price (I think I paid 775 pounds) so highly recommend them.Bet there will be some **** that will someone find a complaint about them selling less than royal mint. COmplainers and haters everywhere. 
  21. Thanks
    Mike got a reaction from Lindeman in NGC Grading Submissions Open   
    Thanks Russell - 3x PF70 👍👍👍
  22. Like
    Mike got a reaction from terakris in NGC Grading Submissions Open   
    Thanks Russell - 3x PF70 👍👍👍
  23. Like
    Mike got a reaction from Numistacker in NGC Grading Submissions Open   
    @Numistacker You haven’t tagged me in this, but I assume 9,10 & 11 are my coins from December?
     
  24. Thanks
    Mike reacted to Goldmick in NGC PF70 Lion and Dragon reduced   
    Think a few wanted them on here uk sales 
  25. Thanks
    Mike reacted to Oldun in 2019 Peter Rabbit 50p   
    Scammer or accidentally seller pushed BIN instead of auction is the consensus.