ziknik

Oh no, I didn’t think of taking a snap. I’ve wiped them all now and the white stuff has pretty much come off. They looked like they were covered in condensation But they weren’t wet. I never took them out of the pack I got them in. I’ll keep an eye on them, they will be sleeping in my bed for a while I don’t mind buying capsules for my one ounce coins as I haven’t got many. But I have a hell of a lot of pre-decimal coinage and I can’t possible put each one in a capsule. I need them bags to be OK Thanks, that’s really useful, I’ve seen that same guy on ebay. You can pick 20 capsules of any size you want for £5.80 http://cgi.ebay.co.uk/20-New-Lighthouse-co...%3A1%7C294%3A50

Thanks for the replies everyone The coins were in a plastic envelope like this. I've now moved them in to a bag like this.

OMG: My beautiful Britannia’s have gone WHITE. I’m going to cry After typing the post above, I decided I needed to see my coins. I had 4 Britannia’s in little plastic coin envelopes like the one below and they’ve changed colour, they smell different and they’re a bit sticky to touch. I have thrown away the envelopes and wiped one with a tissue. The wiped material has a slight green tint on the tissue. What’s happened? Should I wipe them all or is it better to leave it now? Are THESE plastic pockets from Staples suitable for coins? Should I punch or kick [to death] the prat who sold me the envelopes? I also had one eagle in the exact same coin envelope and it is fine http://www.predecimal.com/plastic-coin-envelopes-p-46.html

Assuming you are a UK tax payer: There is no Capital Gains tax to pay when you sell a Britannia. There is also an issue limit. There are only 100,000 2009 Britannia’s. CID told me that all of these have been produced, there will be no more produced this year. I don’t think any other Bullion coin has an issue limit. EDIT: Also, I think the better looking coins cost more. The Koala and Kookaburra must be produced in the same place by the same staff yet the ugly Koala sells for way less than the beautiful Kookaburra There was a beautiful coin Poll on here but I can’t find it. I think Britannia was first with Panda second Images courtesy of Airdale Coins http://www.airedalecoins.co.uk/catalog/index.php

Britannia’s are available at CID! £14.19 at the moment

I can imagine that it probably is cheap and easy to store your oil in your oil tank farm if you are an oil company. And it’s probably cheap and easy to store your oil in your oil tanker if you own an underutilised oil tanker. Even better if you have both I suppose. Off topic either way, I best shut up. Here’s a couple of links to news stories that were posted here a while back. Unfortunately, I can’t find the thread. http://www.guardian.co.uk/business/2008/de...ge-tankers-opec http://uk.reuters.com/article/idUKLNE54001...lBrandChannel=0

It might be worth offering up your gold for sale on here if you have decided to get out.

This is an odd story. The line I have bolded below doesn’t seem to fit the rest of the article. http://news.bbc.co.uk/1/hi/business/8126671.stm

It's not. This subject has been covered before u4d18 is right. There are no spare tank farms. There are plenty of spare ships when the oil price falls

Didn’t you also fill your boots at sub £6? From G0ldfinger’s signature

I think it is possible. Last year my lowest priced purchase in GoldMoney was £5.70 (including the fees). An £8 low this year would be a 40% increase (in the low) in a year. Sounds too much. FWIW, I am averaging in over the whole year.

I’m going to buy some 2009 Britannia’s when they are available on the website. I have been bleating at CID to get them for a 6 months and I feel obliged to buy them now. Phillies are looking attractive at 11.47 and I will probably pick up a few 2009 coins that are missing from my collection. VAT will be increased in January. This makes 2008 a better buying year than 2009. I am not sure if the price will tick down a bit over the summer. Last year I got phillies for under £10. I would be surprised if that happened again. EDIT: Having said that, there was a shortage of coins last year. This year there seems to be less supply issues. This could mean £10 or less will happen again

That’s right I only have a small collection. I use mostly Goldmoney With my coins: I’m going to wait till the price is £[insert high number] an ounce and then offload them on ebay OR I will use them to buy food when the state collapses OR I will leave them to my children when I die.

http://www.coininvestdirect.com/main.php Thanks

How much were they a few days ago? £11.49 €13.51 $18.94 at the moment

EDIT: And phillies are on special offer too

http://www.lbma.org.uk/stats/silvfixg http://www.lbma.org.uk/stats/goldfixg

Yes that’s basically right. Minus your buying price from your selling price and then take off your GCT allowance (approx £9.6k). You pay 18% of whatever is left I’ve just realised that my plan will not work in GoldMoney because HMRC will deem you to have sold your gold at the point you make the gift. If you expect to make future gains in GM, gift some of you gold to your trusted family members NOW! EDIT: scrap that, you can gift to husband/wife without trouble. Why can't they make it simple http://www.hmrc.gov.uk/cto/customerguide/page6.htm#12

double post

You will only pay income tax if you are trading in your GM account. I’m not certain how HMRC define ‘trading’. But I know it is your own responsibility to declare that you have been trading and pay the taxes accordingly. Personally, I don’t class a few buys and sells in a year as trading. You could Gift £9k of gold to me. £9k is under my GCT limit, so I could sell the gold tax free. Later, I could choose to gift you £9k. These would be completely free, un-linked & independent gifts. There cannot be an agreement in place so this could only work with someone like me who you can all trust. The only problems are 1) If HMRC can prove you evaded tax 2) If one of us die within 7 years of giving the gift Another way would be to give the gold to your wife/husband or children but I am sure everyone will agree that it is a better idea to give gold to Ziknik PM me if you want to give me gold.

It's on Wednesday. The press release will be on Wednesday (24 June) at 19:00-19:30 British Summer Time

I don’t think you can D/D into GM. The waiting period is only 1 working day if you have a 'fast payments' bank account

There’s no gain for holding short positions at the moment (and the fees on long positions are reduced). This is because LIBOR has been screwed down. This is how it usually works If you go long; you pay them: LIBOR plus their standard fee If you go short; they pay you: LIBOR minus their standard fee Standard fees are around 2-3% and LIBOR is less than 2%

Is anyone watching BBC Breakfast? They’ve been doing a gold report for around 10 minutes. “The gold price is rising” over and over again. They went to a gold selling party where the featured guest didn’t look like they wanted to sell because “The gold price is rising”. Followed by an interview with a guy who recommended keeping hold of gold because “The gold price is rising” And then on to a guy who remodels / reshapes gold.

The investment demand is key right now. If it falls off the silver price will plummet. Personally, I think the investment demand will rocket. Many on GEI have got in way ahead of other investors. Have a look at the numbers in Double-Agents post below.