Chit Chat
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22 Mar 17
13:38
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I had a pal who used to holiday in Jersey and he used to take back two or three krugerrands in his pocket to avoid VAT. Gold can go up and down like anything else but sovereigns are classed as legal tender so no VAT has to be payed for them.
That was back in the ninties so I'm not up to speed with the latest scenario but if it was the same I would have thought sovereigns would be a better investment. Some looking in will be up to date on the matter and advise you better. |
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Not if you leave them in the bottom of a piano - and don't tell anyone.
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if you buy them retail your obviously paying a premium before you start,instead of putting money in the bank for the grandson we started buying 1 or 2 a year got 4 upto now ,maybe hit will give him an interest later on if not a profit,but looking back thin king we should have bought them at auction,online,etc
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If you watch RT there are only two investments on this planet. Gold coins, and funeral plans.
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the Kaiser report has been banging the drum for 8 years? gold or bitcoin.
but if fiat money does get flushed, the government would just impound all private gold. they've done it in the past. buy toilet paper or some other commodity that will be needed? i noticed that the dvd folder in the pound shop is now £2? it was a pound a year ago. so just go to the cash and carry - buy some stock and sit on it for a year and then sell it on ebay? |
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A better investment gold ones than plastic ones
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Seems to be ever so easy to buy them, but bloody difficult to sell them, which tells me something about the price.
Yes, I know how you're supposed to be able to find a buyer for gold or use it as currency anywhere in the world. But in reality it seems the only business which actually will buy your sov off you is the one which sold it to you in the first place. And for a hell of a lot less than you paid for it too. |
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eBay
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Wouldn't HMRC take an interest in people offering gold coins on ebay?
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I don't know.
I sold 2 x half-sovereigns a few years ago on eBay and haven't had a knock on the door from a tax inspector yet. |
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At least with eBay you have a source of information as to what is actually paid, rather than what dealers would like.
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Fair enough. I'm self-employed, but happily don't get any grief from the Revenue. I'd like to keep it that way, which is why I've never touched eBay with a bargepole.
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buy vegetable oil.
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Why?
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you can eat it - or fuel a diesel car.
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"I've killed women and children. I've killed everything that walks or crawls at one time or another. And I'm here to kill you, Little Bill, for what you done to Ned."
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Pretty hard to store the quantities you would require zorro.
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Certain whiskey is a good investment if you can get it at good price and you are willing to hold on to it
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I used to be in gold bullion, the coins have no intrinsic value, they are melted down and you are paid the daily gold rate.
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I have a case of whisky in the loft!
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What kind hacksaw ?
Got some nice ones stored here got 4 bottles managed to pick them up for around £150! Could probably sell now for £380 |
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Nothing valuable. I can't even remember which brand.
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I've considered this myself. Just for the novelty of a sovereign or having a tiny gold bar that I could stroke and say "my precious".
Interestingly the Sovereign isn't the most valuable, it's the rarer upgraded Britannia, you should read this article. http://www.telegraph.co.uk/finance/personalfinance/investing/gold/11114204/Cheapest-way-to-buy-Royal-Mint-gold-Not-from-the-Royal-Mint.html There was a news story recently about someone finding a load of them in a piano. http://www.bbc.co.uk/news/uk-england-shropshire-39282466 You'd think they'd own them outright but apparently that's not the way the rules work. |
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Cheers just checking that's a good read.
The reason I asked is that the 2017 sovs are a bit different. They have a small shield to mark the 200 years of them being made. |
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Gold coin in the Guinness Book of Records is stolen, it is worth as much as $4.5M
[AP]. A massive gold coin worth millions of dollars vanished from the Bode Museum, Berlin in the middle of the night, police in Germany announced Monday, saying a team of thieves managed to steal the 221-pound weight currency before cops could arrive. It's listed in the Guinness Book of Records for its purity of 999.99/1000 gold, according to the Bode Museum in Berlin, which housed the coin. It has a portrait of Queen Elizabeth II on one side and maple leaves on the other. The coin is 1.18-inch-thick with a diameter of 20.9 inches, |