Shinus73

If I had to pick, probably the 2014 Britannia, but also have a big thing for the reverse proof privy marked Maples.

54 minutes ago, monkey said:

Old Maloney is predicting mid to high triple figure silver prices/oz from this pattern. Cold be true over the next 20 years maybe....

We’re going to need a European Cup sized handle for that.

A 1996 Kookaburra from eBay in August 2010.

3 minutes ago, Paw said:

If that is the case then it means the  gains will be short-lived? Maybe goes up to £30+ and then crash back to £20 and stay price bound between £20-£21? (in the scenario where 2010/2011 repeats?
Is this what you mean?

I mean only that this feels similar to how that run up felt. Waking up each morning to 1-2% rises.

I don't pretend to know what will happen this time. 🙂

As I already have a reasonable position, I can enjoy this leg up rather than trying to buy everything in sight through FOMO.

I started buying in August 2010, so it was a baptism of fire.

During the 2010 / 2011 run to $49, there was a thread on the Kitco silver forum titled 'OMG, the Asians', which reflected the consistently large overnight / early morning gains (seen from Western eyes).

This is starting to feel similar.

Just now, HonestMoneyGoldSilver said:

the privy mark is colourised but the actual Kookaburra and background is not

It's only the WMF versions that are fully colourised

Compare your coin with the dealer listings I posted above you will see the difference in the colour and the price

OK, I’m perfectly happy keeping it.

5 minutes ago, HonestMoneyGoldSilver said:

I'm researching and feel free to correct me but it's only the World Money Fair editions that are colourised

The coin you are showing from Melbourne is not colourised and isn't as valuable

It’s colorised and has a lower mintage (2000) than the coin in the auction.

6 minutes ago, HonestMoneyGoldSilver said:

Nice bargain. Let's test the waters. Do you want to sell it to me for £45? 

You have a deal at £50 posted?

9 minutes ago, Adamcahn said:

There you go if you take the time to get the knowledge you know want to do

Now if i knew that i would of kept it 😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂

TBH, I’ve never seen any of these Money Fair Kooks go in the UK for more than £60 or so.

I picked this one up recently for £40 ish.

Was tempted, but already have the little fella on a plate.

31 minutes ago, bobski said:

Bob Dylan was a great song writer.

God awful performer though. I don't trust fans of his. I wouldn't want them to make me a sandwich

Knocking up ham and slaw.

Why two Great Engravers in such a short space of time?
Does this series now have a corporate partner? These seem to the only things the mint are keen to produce now - the Star Wars, James Bond and Harry Potter stuff are all collaborations with commercial partners.

4 minutes ago, SovereignBull said:

Thanks Bro. Just started drilling out the centre of my ASE’s! No government is tracking my hoarde 👍🏼

Can I have the middle bits?

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.

41 minutes ago, timsk said:

I'm not going to collect any other series from The Royal Mint from now on. I'll stick with the 007 series as I'm about to take delivery of the 4th coin in the next few weeks. But that's it, no more after that. If they can cut what is arguably one of the best series they've come out with in recent years, then they can cut any future series at any time for no reason

In a single master stroke of self destruction, they've just removed any and all incentive for their customers to collect their coins - other than one-offs. Talk about shooting oneself in the foot! Jeeeeeeeeeez. What an absolute disgrace the Royal Mint are and, on top of everything else, they have the audacity to self proclaim they're a 'trusted brand'. The only thing I trust them to do consistently is to royally screw over their customer base at every opportunity. Grrrrr!

Mr. Very 'kin Angry from Devon.

😡

Same, but without the Bonds.

1 hour ago, BackyardBullion said:

Statement from The Royal Mint in regards the Silent Auction Situation

Starts

“We have received feedback on an email sent to bidders of The Royal Mint’s silent auction on Sunday 17th March, 2024. 

The intention of the communication was to keep bidders informed relating to their bids, however, we understand that some recipients of the email felt that it was not in the spirit of a silent auction - and we apologise for this. 

We are currently reviewing the outcome of the auction and will be updating bidders on next steps as soon as we can.”

Ends

The intention was to increase the bids, plain and simple.

1 minute ago, Jinxy said:

OK, I’m officially properly annoyed now.

8 hours ago, NGMD said:

A decent thread and having to agree with @HonestMoneyGoldSilver makes my skin itch.

Let’s just say theoretically there is a seller on Instagram(🤷🏼‍♂️)or elsewhere selling silver and not paying VAT. If HMRC believes he’s lost a few quid, he won’t just come after the seller, he’ll tear into everything with the buyer. You are not innocent until proven guilty, he will tell you what you have to pay (his guess) and you have to prove him wrong(receipts, invoices, bank statements etc) he then might feel he needs to look at what else you’ve bought and sold like Lego or Sports Shoes, Star Wars Pyjamas etc 

You import silver-usually you have to pay through the couriers according to the HS code and documentation. If you’ve been charged accidentally VAT on investment Gold- Tough. You claim it back, they don’t care or want to know. The Seller abroad is NOT responsible for duties and taxes of the country shipped too-you are(T@Cs). Ignorance and pretend naivety is not a defence.

As the stunning and brave Pirate said, the selling of bulk silver has killed the basic collector’s  ability to sell their couple of ounces. The issue then becomes the small profit they’ve made would normally introduce them to fractional gold and climb the investment ladder. Now that progress stops. The selfish, arrogant seller has then killed the forum sales pages to line their criminal pockets.

Bigger picture is important.

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.

1 minute ago, Fenlander1 said:

Normally I would agree and if it was the odd tube here and there it wouldn't be a problem but the situation we are in now where the market is flooded is when you come to sell your cheap silver your investment has failed to keep up with inflation due to external forces and you are forced to make a loss.

 

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.

37 minutes ago, Fenlander1 said:

The monster box has brought it to light for me personally as is an example  it is getting harder to sell Singles at anywhere near there true inflation value. 

Questionable origin isn't meant to be cryptic but when new silver can be sold at less than spot plus 20% it is of a questionable origin to me personally.

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.