grumpy-old-man Posted September 9, 2009 Report Share Posted September 9, 2009 Grumpy, why don't you buy the 1kg Aussie silver coins?? They are BEAUTIFUL, 20 pounds cheaper, and have a 5 pounds higher buy-back price!! h'mmm didn't realise you could get coins that big. they are more expensive though on CID than the bars, I am buying in euros remember. I might have a look at those on my next purchase then. I should have really put a bit more thought into it tbh wrt asthetics I suppose. Link to comment Share on other sites More sharing options...
G0ldfinger Posted September 9, 2009 Report Share Posted September 9, 2009 h'mmm didn't realise you could get coins that big. they are more expensive though on CID than the bars, I am buying in euros remember. ... Ah, you're shipping to the UK - OK, understood. You should possibly just leave them in Euroland if you had the possibility. Link to comment Share on other sites More sharing options...
wren Posted September 9, 2009 Report Share Posted September 9, 2009 h'mmm didn't realise you could get coins that big. they are more expensive though on CID than the bars, I am buying in euros remember. I might have a look at those on my next purchase then. I should have really put a bit more thought into it tbh wrt asthetics I suppose. Just comparing CID 1 kilo bars with 1 kilo coins, the coins are cheaper (brutto prices): Heraeus or other manufacturere / oder andere Hersteller 1 kg 1000.00 Gramm €484.33 Silver Koala 1kg 2009 1000.00 Gramm €461.22 Silver Kookaburra 1kg 2009 1000.00 Gramm €466.18 Silver OX/Ochse 1kg 2009 (Lunar) 1000.00 Gramm €461.62 So the 1 kilo Koala is the cheapest. Very nice coins, I have a 1 kilo koala. Off topic: CID has a special offer of 1 oz palladium maples. VAT is 19% for me though! Brutto €297.50 versus a bid price of €200! Link to comment Share on other sites More sharing options...
grumpy-old-man Posted September 9, 2009 Report Share Posted September 9, 2009 Just comparing CID 1 kilo bars with 1 kilo coins, the coins are cheaper (brutto prices): Heraeus or other manufacturere / oder andere Hersteller 1 kg 1000.00 Gramm €484.33 Silver Koala 1kg 2009 1000.00 Gramm €461.22 Silver Kookaburra 1kg 2009 1000.00 Gramm €466.18 Silver OX/Ochse 1kg 2009 (Lunar) 1000.00 Gramm €461.62 So the 1 kilo Koala is the cheapest. Very nice coins, I have a 1 kilo koala. Off topic: CID has a special offer of 1 oz palladium maples. VAT is 19% for me though! Brutto €297.50 versus a bid price of €200! how have you worked that out Wren ? the 1kg bars are €468.05 the cheapest 1kg coin is €495.71 so the bars are cheaper for me based on weight only, although it may be better to buy the coins ? bit too late for me now as I have just bought loads. edited - how come you have totally different prices from me ? edit 2 - ah ha, you are obviously in germany or rather not getting the silver shipped to the rip UK then.....that would explain it. Hence GF's recommendation of getting delivery in another european country. so does only the UK pay vat on silver then ? Link to comment Share on other sites More sharing options...
G0ldfinger Posted September 9, 2009 Report Share Posted September 9, 2009 how have you worked that out Wren ? ... The difference is between delivery to the UK and delivery to somewhere in the Eurozone. In the Eurozone the coins seem to be cheaper, that's why I bought them there (and got them delivered there). Link to comment Share on other sites More sharing options...
nicejim Posted September 9, 2009 Report Share Posted September 9, 2009 The difference is the variable VAT rate for German delivery. Currency: Euro Destination: Germany VAT on Silver Koala 1kg 2009: 7% VAT on Bullion bar 1kg: 19% Currency: Euro Destination: UK VAT on Silver Koala 1kg 2009: 15% VAT on Bullion bar 1kg: 15% Link to comment Share on other sites More sharing options...
wren Posted September 9, 2009 Report Share Posted September 9, 2009 how have you worked that out Wren ? ... edit 2 - ah ha, you are obviously in germany or rather not getting the silver shipped to the rip UK then.....that would explain it. Hence GF's recommendation of getting delivery in another european country. so does only the UK pay vat on silver then ? Yeah, sorry. Those are the German prices (7% VAT). I forgot that you pay differently in the UK. Link to comment Share on other sites More sharing options...
warpig Posted September 9, 2009 Report Share Posted September 9, 2009 That looks like a perfectly normal heraeus bar to me, incidentally these are my least favourite 1KG bars. I've got a few bars that have been around for a hundred years or so and have got a lovely tarnished vault look, lots of history in those bars. anyone got any 1kg bars from CID without serial numbers on ? looking like these: ?? my first batch came with serial number on much nicer finish also, second batch like this. They have offered to swap & apologised, but it means I have to send back to Germany. Link to comment Share on other sites More sharing options...
grumpy-old-man Posted September 10, 2009 Report Share Posted September 10, 2009 Yeah, sorry. Those are the German prices (7% VAT). I forgot that you pay differently in the UK. no probs Wren, always appreciate your input. Link to comment Share on other sites More sharing options...
grumpy-old-man Posted September 10, 2009 Report Share Posted September 10, 2009 That looks like a perfectly normal heraeus bar to me, incidentally these are my least favourite 1KG bars. I've got a few bars that have been around for a hundred years or so and have got a lovely tarnished vault look, lots of history in those bars. yes, I don't like the look of these either compared to the first batch. I do however like (or think I like based on pictures) the very old tarnished look also, it's just these bars seem to be in the middle, not properly tarnished, not shiny new looking.......no mans land so to speak. It's all very interesting though. I should have been doing this years ago. I have always had a very strong interest in Jewellery for some reason. Link to comment Share on other sites More sharing options...
id5 Posted September 10, 2009 Report Share Posted September 10, 2009 yes, I don't like the look of these either compared to the first batch. I do however like (or think I like based on pictures) the very old tarnished look also, it's just these bars seem to be in the middle, not properly tarnished, not shiny new looking.......no mans land so to speak. It's all very interesting though. I should have been doing this years ago. I have always had a very strong interest in Jewellery for some reason. GOM, these are older bars. Note the 999 which is reference to the purity of 99.9%, the unmarked bar will be even older at 99.5%. New bars from Heraeus are refined to 99.99%. I will be happy to take these and any other off your hands off your hands at spot minus a handling fee of course Link to comment Share on other sites More sharing options...
G0ldfinger Posted September 10, 2009 Report Share Posted September 10, 2009 The gold:silver ratio was below 35:1 for approx. the duration of 1.5 years during 1979/80, and it was below 20:1 for probably 3 months. Enough time to trade out. http://gold.approximity.com/1979-1980/Gold-Silver-Ratio.html Link to comment Share on other sites More sharing options...
grumpy-old-man Posted September 10, 2009 Report Share Posted September 10, 2009 GOM, these are older bars. Note the 999 which is reference to the purity of 99.9%, the unmarked bar will be even older at 99.5%. New bars from Heraeus are refined to 99.99%. I will be happy to take these and any other off your hands off your hands at spot minus a handling fee of course no chance, then how would I while away the long winter evenings ? I tell you what, I have never had the feeling I have looking at or holding silver/gold compared with holding £20 notes I can tell you. You feel like you actually have something don't you, that can't be altered overnight. edited so it makes sense now. Link to comment Share on other sites More sharing options...
grumpy-old-man Posted September 10, 2009 Report Share Posted September 10, 2009 The gold:silver ratio was below 35:1 for approx. the duration of 1.5 years during 1979/80, and it was below 20:1 for probably 3 months. Enough time to trade out. I have been following your & others posts very closely wrt this ratio GF. I hope we get a similar trading window this time around. Link to comment Share on other sites More sharing options...
id5 Posted September 10, 2009 Report Share Posted September 10, 2009 ...I tell you what, I have never had the feeling I have looking at or holding silver/gold with £20 notes I can tell you. You feel like you actually have something don't you, that can't be altered overnight. Thats why I kept on going on at Magpie when he was around about real money, something that the average man on the street can understand, something that would still hold some value after the currency that it was used to represent had collapsed. Link to comment Share on other sites More sharing options...
romans holiday Posted September 10, 2009 Report Share Posted September 10, 2009 Thats why I kept on going on at Magpie when he was around about real money, something that the average man on the street can understand, something that would still hold some value after the currency that it was used to represent had collapsed. But money is only a means of exchange.... just a sign, representing nothing real. Link to comment Share on other sites More sharing options...
id5 Posted September 10, 2009 Report Share Posted September 10, 2009 no chance, then how would I while away the long winter evenings ? ... Polishing your rocket...pictures like GF and Steve Netwriter will be to get ready for the January gold rush Link to comment Share on other sites More sharing options...
AK72 Posted September 10, 2009 Report Share Posted September 10, 2009 Newbie question: Got gold and iterested in swappin btween silver. To make the gain in acording the gold/silver ratio how the swaps should be done in near future? Link to comment Share on other sites More sharing options...
romans holiday Posted September 10, 2009 Report Share Posted September 10, 2009 Newbie question: Got gold and iterested in swappin btween silver. To make the gain in acording the gold/silver ratio how the swaps should be done in near future? Answers on this will differ from person to person. Above is a chart showing the ratio over the past ten years. Personally, I will be swapping most of my silver for gold when the ratio nears 50 [it is 60 now]. If the ratio went back to 80 I would consider swapping a small portion of gold to silver. Others think the ratio could go lower. It depends largely on whether you see [hyper] inflation on the horizon or deleveraging. Link to comment Share on other sites More sharing options...
nicejim Posted September 10, 2009 Report Share Posted September 10, 2009 Newbie question: Got gold and iterested in swappin btween silver. To make the gain in acording the gold/silver ratio how the swaps should be done in near future? Welcome. Dr Bubb's MSI (Manic Swings Indicator) thread could help you here if you want to trade short-term changes. Generally speaking, if inflation is the driving force then you should sell gold for silver and do the reverse when deflation is taking hold. http://www.greenenergyinvestors.com/index....c=7508&st=0 For longer term trading, look for a ratio of 50, or maybe 35, to start moving into gold. http://gold.approximity.com/gold-silver_watch.html Edit: I see RH beat me today. Not sure about the verbiage this time Link to comment Share on other sites More sharing options...
romans holiday Posted September 10, 2009 Report Share Posted September 10, 2009 Dr Bubb's MSI (Manic Swings Indicator) thread could help you here if you want to trade short-term changes. Generally speaking, if inflation is the driving force then you should sell gold for silver and do the reverse when deflation is taking hold. http://www.greenenergyinvestors.com/index....c=7508&st=0 The short term trade is very difficult to make profitable, perhaps impossible, too many variables and imponderables. I think it makes sense to wait for the high or low ratio where you think it makes sense to swap. Link to comment Share on other sites More sharing options...
HPCsoYESTERDAY Posted September 10, 2009 Report Share Posted September 10, 2009 ..../...... Others think the ratio could go lower. It depends largely on whether you see [hyper] inflation on the horizon or deleveraging. no need for hyper (appreciate you put it in brackets) as GF's earlier post indicates Link to comment Share on other sites More sharing options...
AK72 Posted September 10, 2009 Report Share Posted September 10, 2009 Thanks 4 info. Gotta study the links. Link to comment Share on other sites More sharing options...
romans holiday Posted September 10, 2009 Report Share Posted September 10, 2009 no need for hyper (appreciate you put it in brackets) as GF's earlier post indicates What's this!? Shock, gasp.... GF thinks things are no longer going hyper? PS: Notice I refrained from the deflation word and used deleveraging instead. Link to comment Share on other sites More sharing options...
grumpy-old-man Posted September 10, 2009 Report Share Posted September 10, 2009 Welcome. Dr Bubb's MSI (Manic Swings Indicator) thread could help you here if you want to trade short-term changes. Generally speaking, if inflation is the driving force then you should sell gold for silver and do the reverse when deflation is taking hold. I have chosen my 'flation route & after much deliberation & a bit of a late change to my buying plan, I have gone in approx 70/30 silver/gold. I initially was just going to buy all gold as I didn't really have an understanding of silver. I then spent the last 4-6 weeks getting my silver knowledge up to speed. (GOM speed that is ) I am annoyed at myself tbh as I should have been more aware of other metals, not just gold. edited Link to comment Share on other sites More sharing options...
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