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BackyardBullion

The New Peter Rabbit coin sold out?

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2 minutes ago, HelpingHands said:

A 50p should be CGT free shouldn't it?

In theory yes but quick flipping numismatic coins will be regarded as trading therefore subject to income tax.

Just now, HelpingHands said:

@shortstack68 it's because the Peter Rabbit last year ran up to £650 on ebay at the peak.  I just thought that lightning wouldn't strike twice.  I'm still not convinced what will happen when they all hit ebay.

They won't go near that but with 27k people queuing for the RM website after they had sold out..........should make money IMO.

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9 minutes ago, sovereignsteve said:

In theory yes but quick flipping numismatic coins will be regarded as trading therefore subject to income tax.

They won't go near that but with 27k people queuing for the RM website after they had sold out..........should make money IMO.

Steve 80 k waiting now 

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15 hours ago, shortstack68 said:

of course each to their own, what I'm saying is I'm not getting the hype, it was like a feeding frenzy in a Piranha pool, I'm just not getting the hype over 50p

i also scratch my head because everyone has been jumping in the RM quality problems of late with the QBs bullion and proofs, so I'd have thought there would be more caution, let's just hope they don't come milked  and spotted, god forbid they have quality problems with these as well ? There will be a lot of disappointed Americans and Canadians 

Becuase it's Peter Rabbit which is big in Japan and the last coin the did sold very very well of the secondary market 

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1 hour ago, sovereignsteve said:

There were one or sold on ebay for £100 before opening of play yesterday, bet the sellers wish they'd waited.

Steve , still 28k waiting ! 

Some peoples orders has been cancelled in Westminster collection they won't email you or phone you to notify you about the cancellation 

so do check your account if you order from them 

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