ColdHands
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You'll need to check with proper collectorists but l'd guess the Four Pence could be Maundy Money. All your coins are beautiful compared to the filth l have! I'm more interested in the metal than the coin. Oh and silver is worth a bit more now so revise any value estimates upward. I use eBay as a gauge of attainable value but l've recently realised low-priced fakes might be artificially lowering the bar and in any case your coin quality should command a premium.
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It might help to transcribe the " John Price Wetherill Medal 1925 " lettering and the metal content and weight, so that it readily gets flagged in searche
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I can no longer edit the above post. My sincere apologies but l've made an error. I've phoned the Royal Mint and they're saying all coins they produce, are CGT exempt, as they are currency. As regards the Victorian stuff, they were less certain. The person l spoke with said of course shillings would be exempt, but then l pointed out that everyone on Google is saying only Crowns and Double Florins are pre-1947 CGT exempt. I was then told to ask the HMRC as this now counts as giving tax advice which the Mint's CS agents aren't allowed to do.
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They're referring to bullion coins. The coins have a value etched on them, i.e. not rounds. But they're classed as bullion. This would be as opposed to say Proof coins, Piedforts. Wikipedia (https://en.wikipedia.org/wiki/Royal_Mint ) Minting of bullion coins began in 1957 to meet a demand for authentic sovereign coins, which suffered from heavy counterfeiting. [/end quote] I'm really just asking about pre-1947 coins. Still, you're right, it might be worth contacting the Royal Mint evenso.
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A sidenote here: Beware re-selling Royal Mint bullion coins online, they are highly sought-after and if a buyer seems fishy (low feedback, strange name e.g. referencing drugs) then cancel, because it will be trouble. The buyer will claim non-delivery, and your online marketplace may cover you but the buyer's bank will refund them your cash anyway, regardless how much evidence you procure. The root problem is delivery drivers acting as buyers, photoing the package inserted into a random letterbox (= the delivery address given) then pulling it back out and pocketting it. That's one reason some retailers give oversized packages at Xmas, as well as compact dense packages being targetted by posties. One defence is to not state which courier you will send with, so that the thieving postie won't know if you'll be using themselves to deliver. But l digress.
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Hi ok no problem, if no offence meant then none taken. I'm only interested in the matter at hand. We do need to be paying CGT in the UK, on all collectibles that appreciate in value. The exception is the aforementioned, but l'm unsure on the exact parameters. As for decimal, there are even more exceptions, inc. all the Royal Mint CGT free coins: https://www.royalmint.com/gold-price/capital-gains-tax-on-investments/ QUOTE: Is CGT Applicable to The Royal Mint’s Coins? Bullion coins from The Royal Mint are exempt from Capital Gains Tax for UK residents due to their status as legal British currency. In fact, all gold, silver and platinum bullion coins produced by The Royal Mint are classed as CGT-free investments; this includes gold and silver Britannia coins, Sovereigns and the popular Queen’s Beasts range. Due to their CGT exemption, investors can make an unlimited tax-free profit on all bullion coins produced by The Royal Mint. This contrasts with the vast majority of other investments and assets, including paintings, antiques, most shares and any property other than someone’s main residence, where the profits on the sale are liable for CGT. What If I Want to Make a High Value Purchase of Bullion Coins? Bullion coins from The Royal Mint are never subject to CGT, regardless of the amount of coins purchased or sold. For this reason, our flagship bullion coin ranges continue to prove extremely popular with investors looking to store significant levels of wealth over the long term, as well as with those individuals seeking to realise their investment when requiring their funds for other means. Are Other Bullion Products Subject to CGT? CGT is chargeable on all gold, silver and platinum coins that are not produced by The Royal Mint as they are not considered to be UK legal tender. Also, all gold and silver bullion bars are also subject to CGT.
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No, l want to skim them at ducklings and hopefully bring home some meat. Still though, how did you guess l was trying to do evil? By the way, do you feel it's moral and welcoming to straight up ask someone if they are evil and / or dumb? Most importantly: Any answers to my actual questions? This is a new forum for me but l'm hoping it doesn't devolve into bored regulars vs. newbs. It always boils down to "We are just trying to HELP you (by insulting you) you IDIOT!"
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Thank you. I was hoping QV to 1947 silver coins would not be faked because they're not all that rare but now the forum's loading faster l can appreciate they do get faked. If not-so-rare coins are being faked then l'd guess the selling points for fakes (i.e. ways to squeeze money out of the transaction) would be: 1. Quality i.e. very fine, uncirculated (though l've seen some patinaion on this thread!) 2. Silver denominations, but not really silver Therefore l'm hoping buying grimy silver coins from QV upward that pass the magnet test, would be a safe bet - what do you think?
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Hi okay but l need a specific list of silver coins at least. From what l can tell, as seemingly agreed upon by @wlewisiii, we have: SILVER, PRE-1947: - All crowns (CLARIFICATION NEEDED: l'm presuming since the Great Recoinage of 1816, right?) - Double florin - Some sovereigns - CLARIFICATION NEEDED: specifics needed (though they aren't something l'm really interested in personally, it'd be nice to have a list) - Maundy money (CLARIFICATION NEEDED: l'm presuming since the Great Recoinage of 1816, right?)
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Forum loads vee. e. .. ery slow ..ow ..ly.
ColdHands replied to ColdHands's topic in Forum technical help and support
Woo woo. OK. The forum is fast now, thanks for getting it fixed! -
Forum loads vee. e. .. ery slow ..ow ..ly.
ColdHands replied to ColdHands's topic in Forum technical help and support
Hi thanks for the reply. Don't worry, l wasn't sugesting changing software, my enquiry was completely unrelated to this site, this is my first week here and it looks good. Though l'd like a night theme if possible, easier on the eyes -
Sorry for being basic: 1. Would a fake silver coin still at least be silver? I'm aware of the fake bullion coins that are at best silver plated. 2. Are ordinary pre-1920 silver coins from say William IV to GV faked very often? I mean the ones once in general circulation (Crown down to Threepence). 3. Can anybody name UK auction houses that are best avoided by proven personal experience?
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Forum loads vee. e. .. ery slow ..ow ..ly.
ColdHands replied to ColdHands's topic in Forum technical help and support
@Chris Perkins as an asides, do you rate Invision higher than, say, Discourse? [I'm interested in creating my own small forum for something unrelated to numismatics or even collecting altogether]