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Shinus73

Silver Premium Member
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Everything posted by Shinus73

  1. You have to wonder what travesty they’ve saved for next week. They’ve gone big recently with cancelled series, immoral auction practices and extortionate historic ‘sets’. I’m going with charging interest on outstanding balances for Mint Marque customers.
  2. Then the basic collector needs to be more selective regarding the couple of ounces they buy. Nobody is entitled to a small profit because they bought something they consider to be an investment. All part of the learning curve.
  3. I started buying silver in 2010, discovered the EU loophole in 2011 and took advantage where I could. It was clear then that buying silver in the UK at 20% VAT was a terrible idea if you were looking for a quick return or trying to make a business out of it. Silver bought in the UK is either a long-term hold, a moonshot gamble or a useful savings vehicle to help you buy gold.
  4. Personally, I pay North of 30% income tax on my salary already. If a way presents itself to not pay tax on something I'm buying from my already heavily taxed salary, I'll be taking it.
  5. Pre-Brexit it was fairly common for silver to be available slightly below spot +20%, reflecting the lower VAT rates in the EU. I guess people have found new ways of sourcing silver from outside of the UK.
  6. Questionable origin? A bit cryptic… it’s always been difficult to sell a monster box and it’s currently quite difficult to sell any larger volume, as money is tight. That’s it really.
  7. If somebody has a stack of 2111 Britannias, I have other questions!
  8. I won 4 South Africa 50% Crowns for £36 shipped last night. Seller claimed that my address wasn’t legitimate in the automated Royal Mail online payments system. Asked him to take it to a Post Office, cancelled the order. I think he was expecting higher bids. Very annoying.
  9. Honestly friend, nobody in the UK is being given favourable treatment by the RM. Every link seems to take you a different selection, finding stuff is difficult and the e-mail usually arrives after the thing you want is sold out. I missed out on the 2-coin set as the RM decided today was the day they needed me to submit personal documents before I could buy anything (despite having an account manager) and then didn't get round to reviewing them.
  10. I read a comment from another poster either here on SF, or on a Facebook group, that they have delayed the series until 2025 or 2026. Ludicrous either way. My Account Manager has not responded to my last request for clarity (may have been the volume of complaining). 🙂
  11. I loved the idea of the longevity of this series and the discipline it would take to stick with it, as well as the subject matter. Will be properly gutted if it has ended prematurely and the Mint will have lost another Mint Marque customer.
  12. Yes, that mirrors what people had said in the other discussion I was part of. I think they'll receive severe flak (not that they'll be overly concerned), unlike anything in recent times, if they do decide to go down this road.
  13. Agreed. The City coin doesn’t seem to have appeared this year either.
  14. The words used were ‘the continuation of the series is in doubt’.
  15. Discussion in another forum involving somebody from Coin Connection, who’d heard this from their supplier (i.e. the Mint).
  16. Apparently, not only did they miss the January release, but the March release has not been included in the forward plan.
  17. After the non appearance of the expected January release, I’m reading more and more speculation that the RM has binned the series. I really hope not, I will be sad and annoyed in equal measure.
  18. Very simply, the overpricing of historic coins and ‘sets’ by the RM in recent times is immoral. It replicates the worst behaviour of the Sunday Magazine rip off companies, but is worse coming from a trusted organisation with unique and privileged access to the back catalogue of British coins.
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