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Peckris 2

Coin Hoarder
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Posts posted by Peckris 2

  1. 3 hours ago, Guest 1971 coins said:

    Can someone tell me what these are worth please 

    If you're only interested in the money, then they're not worth anything much. However, if you're interested in coins and varieties, there are at least 3 different varieties of the 10p and 5p in the sets, but I don't know about relative rarity of these.

  2. 15 hours ago, Madness said:

    I'm still having trouble differentiating between die issues and wear.  I'm also having difficulty interpreting the reflections in images and determining how they relate to wear.  

    Feedback please!

     

    The short answer is that die issues are very localised and will be seen in the same particular place(s) on many top grade examples. Wear tends to be more generalised, starting from the highest points of the design and spreading downwards.

    I'm not sure what you mean by reflections in relation to wear?

  3. 8 hours ago, Madness said:

    Purchase price = $750

    If I sell at $600 I'll clear a bit under $550 after fees and costs.  Add this to the $200 refund and I'd almost make my money back.

    I'm not too upset: I've made some much more expensive mistakes than this.  Take the time I was obssessed by vacuum tube (valve) audio amplifiers.  Spent thousands in bits of glass that lit up when you ran electricity through them.  They made great music, but the difference in sound produced by different tube variations and types was mostly only subtle.  Also got into building and modifying tube amps.  Do you know how much it's possible to spend on boutique capacitors?  

    You live and learn.  I'm far less impulsive these days than I was five or ten years ago.  I also have far less money!

    Although I'm too disabled to use it now, my Ion amplifier - though solid state - was designed to give a similar reproduction to valve amplifiers. 

  4. 3 minutes ago, Madness said:

    Thanks Chris. 

    I need to sell the coin for $600 AUD in order to break even.  I'm not optimistic that this will happen, but I'm happy that it's not going to be more than a $150 learning experience.  

    Then you should be very happy - the sole bidder is at $449 A$ :) (or does your $600 not include the $200 refund?)

  5. 13 hours ago, 1949threepence said:

    It wasn't. The winning bid was £122 - link

    Absolute blatant fake. 

    It's not even a fake - it's a reproduction coin that doesn't even pretend to be a close approximation of the original. I note that "Guest's" link above now points to a similar 1909 halfcrown which IS properly described as a reproduction, though the description of "rare coin" is total BS.

  6. 8 hours ago, Madness said:

    Thanks Rob, but I quickly received the $200 refund and accepted it before having read your suggestion.  In any case, I've listed the coin on eBay:

    http://rover.ebay.com/rover/1/705-53470-19255-0/1?icep_ff3=2&pub=5575378759&campid=5338273189&customid=&icep_item=263875399258&ipn=psmain&icep_vectorid=229515&kwid=902099&mtid=824&kw=lg&toolid=11111

    Do you think what I've written is fair?

    Yes, absolutely. You've let the bidder decide about grade and you've mentioned that it was mounted. And you've had a bid! Would that and the $200 recover your original cost?

  7. 2 hours ago, 1949threepence said:

    Three friend share a meal in a restaurant and split the bill.  The waiter charges them £30, so they pay £10 each. However, the waiter comes back afterwards and says he has overcharged 
    them and the bill should have been £25. Of the £5 they are owed, they agree to take £1 each and tip the waiter the remaining £2 to thank him for his honesty. They have now each paid £9 for the meal.
    But: three nines are £27, plus the £2 which the waiter got is £29. Where did the extra pound go?

    Remember, the absolute sum is unalterable at £30.00. That is hard fact.  

     

    Ok, I'm not looking at other answers so this is entirely off the top off my head.

    The £9 is rather misleading. They should have paid £25/3 = £8.33 each plus a 66p share of a £2 tip to the waiter. I.e. £9 each IN TOTAL including the tip to the waiter. So they actually paid the waiter £3 too much. 

  8. 22 hours ago, Paddy said:

    I am beginning to doubt all the figures released by the Royal Mint on their website. I was looking at the numbers for 2017 50ps - according to their list there were no Royal Shield ones that year - but I have one and I don't believe they are rare. Mine did not come out of a set I am pretty sure - I picked it up in loose change last year. So what is going on?

    PS - I also see that they say no £1 coins were issued in 2016, just 640 million of the new ones in 2017. We all no that is wrong.

    It could be the Mint is slow to issue the full figures? I remember in the late 70s seeing that the figure for 1976 50p's was less than a million, and I started collecting them avidly (though oddly I never questioned that there were plenty out there). It later turned out that that was a provisional figure only and in the end there were millions.

  9. 3 hours ago, PWA 1967 said:

    If there are twenty known today there will never be less and the numbers will continue to go up, for as long as people look.I use twenty as an example as below that they may well have been people looking for years and these are proven to be scarce (RARE).

    Even ones like 1903 open penny ,1911 Gouby x, two years ago were considered scarce ,i am not saying the buns are going to be found in those numbers but some will continue to be found every year.......even maybe today.

    Still are, surely?

  10. 2 hours ago, headsortails said:

    It took me four years to find one of those coins in my change post 2008 and to date i have managed to collect two thats regardless of the minting figure.

    Sarcerty is linked to availability is it not.

    Indeed it is. However, I'm utterly amazed that it took you 4 years to find in your change a coin of which there were 10m minted. Something doesn't quite square...

  11. 1 hour ago, 1949threepence said:

    I remember it well, Peck. Can't locate the thread, but have found the link to the BNJ archive resource - it's the same link. I distinctly remember the page layout. 

    Can be seen here

     Hope you find it useful @Madness

    I have since found the "index" and uploaded it to Dropbox. 

    https://www.dropbox.com/s/wf4g1xl056jj3p2/BNJ contents 1-80 (index of sorts).pdf?dl=0

  12. 10 minutes ago, Madness said:

    My job in real life is trying to keep this thread on topic.

    No chance!

    A Programmer and an Engineer are sitting next to each other on a long
    flight from LA to NY. The Programmer leans over to the Engineer and asks
    if he would like to play a fun game. The Engineer just wants to take a
    nap, so he politely declines and rolls over to the window to catch a few
    winks. 
    The Programmer persists and explains that the game is real easy and a
    lotta fun. He explains "I ask you a question, and if you don't know the
    answer, you pay me $5. Then you ask me a question, and if I don't know the
    answer, I'll pay you $5." 
    Again, the Engineer politely declines and tries to get to sleep. 
    The Programmer, now somewhat agitated, says, "OK, if you don't know the
    answer you pay me $5, and if I don't know the answer, I'll pay you $50!" 
    This catches the Engineer's attention, and he sees no end to this torment
    unless he plays, so he agrees to the game. The Programmer asks the first
    question. "What's the distance from the earth to the moon?" 
    The Engineer doesn't say a word, but reaches into his wallet, pulls out a
    five dollar bill and hands it to the Programmer. 
    Now, it's the Engineer's turn. He asks the Programmer "What goes up a hill
    with three legs, and comes down on four?" 
    The Programmer looks up at him with a puzzled look. He takes out his
    laptop computer and searches all of his references. He taps into the
    Airphone with his modem and searches the net and the Library of Congress.
    Frustrated, he sends e-mail to his co-workers -- all to no avail. 
    After about an hour, he wakes the Engineer and hands him $50. The Engineer
    politely takes the $50 and turns away to try to get back to sleep. 
    The Programmer, more than a little miffed, shakes the Engineer and asks
    "Well, so what's the answer?" 
    Without a word, the Engineer reaches into his wallet, hands the Programmer
    $5, and turns away to get back to sleep.
    • Like 4
  13. This is the gov.uk guidelines:

    VAT on exports to non-EU countries

    VAT is a tax on goods used in the EU, so if goods are exported outside the EU, you do not charge VAT. You can zero rate the sale, as long as you get and keep evidence of the export, and comply with all other laws. You must also make sure the goods are exported, and you must get the evidence within 3 months from the time of sale. This can be longer for goods that need processing before export and for thoroughbred racehorses.

    The time of sale is the earlier of the day you:

    • send the goods to your customer
    • get full payment for them

    https://www.gov.uk/guidance/vat-exports-dispatches-and-supplying-goods-abroad#vat-on-exports-to-non-eu-countries

  14. 11 hours ago, PWA 1967 said:

    Sorry Peck maybe i am getting confused 😊

    Yes Auction houses will be VAT registered and has know relevance to price guides.

    However what you typed was that Auction houses add VAT to the hammer price plus the premium.

    Sorry - yes you're right, VAT is only added to the premium.

    But I stand by my assertion that this is not the slightest bit relevant to the values listed in catalogues and price guides, which are not offers to sell or relating to any one specific item.

  15. 12 hours ago, PWA 1967 said:

    I am not sure about that Peck,when you buy from a public auction unless vat registered and a business you are unable to claim it back.I doubt there would be VAT on Auction purchase as well as premium ,unless it was possibly gold ?

    I can't think of an auction house that would NOT be VAT registered? In any case, I wasn't talking about reclaiming VAT, just paying it in the first place, and its non-relevance to price guides (which is what I assume the OP was about?).

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