|
|
The current range of books. Click the image above to see them on Amazon (printed and Kindle format). More info on coinpublications.com |
|
|
Coinpublications.com
Predecimal.com
ozjohn
-
Content Count
1,115 -
Joined
-
Last visited
-
Days Won
41
Posts posted by ozjohn
-
-
In Australia and assuming you cash in your crypto at a profit you will be subject to capital gains tax at your marginal tax rate. If the asset is held for more than a year the capital gains tax is 50% of your marginal tax rate. If you make a capital loss on crypto then you can offset that against other income. This is true for most investments, shares, real estate, etc. I don't know what the tax implications are in the UK or US but there are probably some.
-
3 hours ago, Menger said:Two quibbles: The money does not “go” anywhere after purchase of crypto, other than into the pockets of the person who sold the crypto (and from there into the hands of anyone he subsequently purchases goods and services, including more crypto, from). Crypto does have “intrinsic” value in that it can be used as speculation or as a (very short term) means of exchange. But it cannot be used for savings due to its volatility and so cannot be “money” itself. So it will test zero before it becomes money (which it won’t).
Sorry we will have to agree to disagree Crypto is nothing but a giant Ponzi scheme. At least with tulip bulbs you can plant them in the garden. I think I will stick with physical gold.
-
On 3/24/2024 at 7:26 AM, Menger said:National currencies are fiat currencies and so exclusively mandated by law for the settlement of tax and legal liabilities in the jurisdiction. This is a tether to reality - a real demand for the given supply. That real demand (like the real demand for gold, to fill teeth or make jewelry) prevents price action being arbitrary and purely speculative. Fiat currency can be inflated to zero - but for a given supply it has a demand separate from any purely speculative demand. Prices of fiat currencies can go up and down (denominated in gold or other fiat currencies) but not to the moon or (absent aforementioned inflation) zero. This gives them relative stability, so they can be used for savings. As such, they can be generally accepted as a means of payment - “money”.
IMO crypto is a scam and a vehicle for money laundering. National currencies are not perfect by any means but as mentioned earlier do relate back to the real economy, Whereas crypto has no intrinsic value whatsoever. Where the money goes to after the purchase of crypto is anyone's guess but one thing you can be sure of is it is not held in reserve in case of a run on the particular crypto. Crypto has all the hallmarks of a Ponzi scheme and would collapse tomorrow is there were a serious run on it.
-
1
-
-
On 4/3/2024 at 4:03 PM, ozjohn said:A bit optimistic for PF 65. Maybe the photo but seems to have some wear.
And the price is on the heavy side. Here's my example CGS 85.
-
1
-
-
A bit optimistic for PF 65. Maybe the photo but seems to have some wear.
-
-
Probably correct for the time, but times change. The Chinese are now the quick witted and the Brits and the West in general are backward and slow in thought. Time to wake up to our selves. The truth always hurts.
-
3
-
-
5 hours ago, blakeyboy said:..but then you lose the understanding of the etymology and derivation of a word which I think is a shame.
Mr.Webster can take the blame for this- immigrants couldn't learn English quickly so they simplified it.
At least in the US or the UK we don't have to explain to foreigners why we think windows are feminine.....
If you look up a word using Webster's Dictionary it gives US and UK spelling, and usage also the use of the word in a sentence. In addition Webster's Dictionary explores the origin of the word and when it entered the English language,. Also free online. IMO a superior online dictionary to the OED. Perhaps a discussion for the Nothing to Do About Coins strand.
-
6 hours ago, ozjohn said:Made the following measurements with my trusty vernier caliper gage:
1888 29,24 mm. 11.3g.
1887 29,24 mm. 11.24g.
1912 29.25 mm.11.28g.
1945 28.30 mm. 11.32g.
1927 RAM 28.56 mm. 11.28g.
1924 28.55 mm.11.28g.
1895 28.35 mm.11.25g.
Just a small sample.
* gage or gauge I like US spelling it makes more sense like mold for mould. In any case much US English is older English.
I should have weighed them as well.
-
Made the following measurements with my trusty vernier caliper gage:
1888 29,24 mm.
1887 29,24 mm.
1912 29.25 mm.
1945 28.30 mm.
1927 RAM 28.56 mm.
1924 28.55 mm.
1895 28.35 mm.
Just a small sample.
* gage or gauge I like US spelling it makes more sense like mold for mould. In any case much US English is older English.
-
1
-
-
delete" the silver oxide" just before the last sentence.
-
Clipboard a is a coin I have had for a while that I brought in Melbourne for about $90. As you can see the toning is uneven and detracts from the coin. Clipboard b is the same coin after sodium bicarbonate and Al foil treatment. The only treatment I know that does not damage the coin as it restores the silver oxides and sulfides back into silver metal. I know many collectors like an even tone to enhance the coin but in truth the toning on silver coins is corrosion that damages the surface of the coin. The colors in the toning are the result of optical interference between light reflected from the metal surface of the coin and that reflected from the oxide layer on the coin in a similar fashion to oil on a wet road. the silver oxide. I think a definite improvement.
-
6
-
-
Hi Jelida,
I noticed you were interested in vacumm tube HiFi. Many years ago I worked for the MO valve company at Brook Green where they manufactured KT88 and KT 66 beam tetrode tubes.
The section I worked in was concerned with UHF low noise triodes and microwave tubes also a CV4085 that was a special version of the more common EF86.
When I finished there I had an HNC in electrical engineering and went on the gain an honors degree in electrical engineering in Australia
Ozjohn
-
On 3/20/2023 at 8:47 AM, Peckris 2 said:don't forget surgical (or methylated) spirit.
I've found metho and a wood tooth pick useful for removing verdigris from the lettering around a .500 Ag coin also a cotton bud for removing any remaining debris. I've heard there was some criticism about the dye residue from mauve metho. I don't know about the UK but in Australia you can get metho with out any dye. Also useful as stated above for degreasing a coin.
-
2
-
-
Next door's bananas from my courtyard while the angel's trumpet (brugsmania https://en.wikipedia.org/wiki/Brugmansia ) is in my courtyard. Next door grows a variety of fruit trees including avocado., citrus, custard apple and papaya.
-
3
-
-
Heliconia from my courtyard. Heliconia " hot rio nights" which is related to bananas
-
3
-
-
1 hour ago, Peckris 2 said:does the Big Banana go down well with the Big Cheese?
There' a Big Cheese at Bordalla on the south coast of NSW. Australia has lots of BIG things for example the Big Pineapple at Nambour, Qld, The Big Prawn at Ballana, NSW and the Big Marino at Goulburn, NSW plus many more. Don't forget the Big Gumboot at Tully, Qld. and the Big Cane Toad at Sarina, Qld. If you want something big Australia has it all.
-
Fruiting bananas, are in most back yards from Sydney northwards with Coffs Harbor a major banana growing area on the north coast of NSW . There is even a tourist attraction called the big banana at Coffs. It's my daughter and grandson in the picture. On a more serious note banana growing is threatened by Panama disease with growers looking for different cultivars of banana to replace the cavendish banana that originated at Chatsworth in the UK.
-
And PCGS could not grade this one declaring it had been cleaned. I've looked very hard at at this coin through a X10 glass and fail to see any evidence of cleaning. There's even some mint luster around the the legend. As it didn't cost much due to the PCGS grading AU detail I'm not too unhappy but consistency is grading is a big issue
-
1
-
-
Do you get any fruit from the bananas? We are now into spring that has been cool so far but tomorrow 34 deg.C is forecast for Brisbane.
-
Because Will1976 posted a medal commemorating the Spon Gate. 1771
-
I remember visiting Spon St. in Coventry on a trip to the UK. The link gives a bit more information https://en.wikipedia.org/wiki/Spon_Street . I also noticed there is a Wetherspoons' pub called the Spon Gate that boasts an Indian restaurant.
-
Any Ideas? Some times I think it's mint error. Other times I think it was intentional mutilation.
-
On 3/25/2023 at 5:34 PM, Mr T said:Still in circulation is a tough one - I like Australia and New Zealand's at least, although they've been unchanged for close to 60 years.
I think Australia is the only country that has kept the imperial sizes for 6d, shilling and florin coins. Australia never adopted the half crown when their coins were introduced in1910 although British half crowns and other coins circulated in Australia until the 1930s. Probably until the Australian pound was devalued to 15/- sterling in 1932 .
-
1
-
CGS cert verification required
in TPG Discussions
Posted
Are CGS still accepting coins for grading?