House Price Crash forum: Do You Have A Favourite Coin? - House Price Crash forum

Jump to content

powered by
  • (2 Pages) +
  • 1
  • 2
  • You cannot start a new topic
  • You cannot reply to this topic

Do You Have A Favourite Coin?

#1 User is offline   TwoBobRob 

  • HPC Newbie
  • Pip
  • Group: New Members
  • Posts: 12
  • Joined: 08-February 12

Posted 08 March 2012 - 11:45 AM

.....If so, why?

I'm guessing there are popular designs amongst collectors and I'd assume this is true for investors too, but what's the general consensus - stick to your faves, price on the day, or whatever takes your fancy?

Any to be avoided?

#2 User is offline   Take Me Back To London! 

  • HPC Veteran
  • PipPipPipPip
  • Group: Members
  • Posts: 1,939
  • Joined: 16-November 07

Posted 08 March 2012 - 02:18 PM

British gold soveigens due to their excemption from capital gains tax (CGT), they have a long history, were once in circulation and are the most well known bullion coin throughout the world, also they are a smaller size, easier to transport and carry without attracting attention, unlike the bigger 1 troy ounce coins like the Krugerrand, Eagle or Maples. My personal favourite is the King George V gold soveregins, especially the "big head versions", they are in better condition than the earlier Edward VII and Victoria sovereigens. Also picking up some of the recent low/special mintage 2002 and 2005 year sovereigns are worth considering as they can be bought for about a £5 more than a regular sov.

My other "historical" favorites are the 20 Swiss Franc Vrenelli, Italian 20 Lira (King Emanuelle II and Umberto) and French 20 Franc Napolean III coins, which can be bought near the spot price, but have a possible extra appreciation due to their history and age.

I would suggest not buying the proof coins, which trade well above spot price and their condition, handling and storage is all important and is best left to the coin afficinardos.
Bankers may well have acted as if they’ve been sitting in the casino during the boom years. But it was a state-owned casino, with governments as the croupiers, and central bankers behind the bar giving out free booze.

John Stepek

#3 User is offline   Spot 

  • HPC Regular
  • PipPipPip
  • Group: Members
  • Posts: 807
  • Joined: 07-February 09

Posted 08 March 2012 - 04:01 PM

I like 1/4 Oz Britannias because they also are exempt from CGT, but unlike Sovs, 4 of 'em make a nice round ounce of gold.

#4 User is offline   Asheron 

  • HPC Veteran
  • PipPipPipPip
  • Group: New Members
  • Posts: 1,084
  • Joined: 05-March 11

Posted 08 March 2012 - 07:37 PM

Posted ImageSilver Chinese Panda

This post has been edited by Asheron: 08 March 2012 - 07:40 PM

Max Keiser --- http://maxkeiser.com/
Peter David Schiff --- http://www.europac.net/
Gerald Celente --- http://www.geraldcelente.com/
Jim Rogers --- http://www.jimrogers.com/
Bob Chapman --- http://www.theintern...om/Bob_Chapman/

Investors should abide by money management principals & never risk more than they can afford to lose.
There are No guarantees when investing in the Stock Market or Precious Metals. You might lose all your money and cry.

#5 User is offline   Sir Sidney Ruff-Diamond 

  • HPC Regular
  • PipPipPip
  • Group: Members
  • Posts: 953
  • Joined: 15-July 08

Posted 08 March 2012 - 08:50 PM

I rather like the two pound coin. Very difficult to counterfeit (unlike the pound coin), nice designs, weighty feel.

Quote

"Anyone thinking of buying in any of the housing markets that this survey has identified as bubbling should wait until prices have fallen"

Economist, May 31st to June 6th 2003

#6 User is offline   TwoBobRob 

  • HPC Newbie
  • Pip
  • Group: New Members
  • Posts: 12
  • Joined: 08-February 12

Posted 08 March 2012 - 09:11 PM

View PostSir Sidney Ruff-Diamond, on 08 March 2012 - 08:50 PM, said:

I rather like the two pound coin. Very difficult to counterfeit (unlike the pound coin), nice designs, weighty feel.



Congratulations by the way, on an excellent username :)

#7 User is offline   Sir Sidney Ruff-Diamond 

  • HPC Regular
  • PipPipPip
  • Group: Members
  • Posts: 953
  • Joined: 15-July 08

Posted 08 March 2012 - 10:07 PM

View PostTwoBobRob, on 08 March 2012 - 09:11 PM, said:

Congratulations by the way, on an excellent username :)


If you read up on him, this moniker was much closer to his true persona than many realise.



Quote

"Anyone thinking of buying in any of the housing markets that this survey has identified as bubbling should wait until prices have fallen"

Economist, May 31st to June 6th 2003

#8 User is offline   Quiet Guy 

  • HPC Regular
  • PipPipPip
  • Group: Members
  • Posts: 312
  • Joined: 17-August 07

Posted 08 March 2012 - 10:12 PM

Victoria 'Young Head' sovereigns - Shield and St. George pattern.

I just think they took a bit more time and effort with the production of the old sovereigns compared to the modern versions - especially recently minted coins. Photos of a Shield I used to own attached.

But a word of warning - don't expect to get the premium back from a dealer or for nice looking or slightly rarer coins such as Shields if you sell.

Attached thumbnail(s)

  • Attached Image: IMGP2476.JPG
  • Attached Image: IMGP2475.JPG


#9 User is online   98% Chimp 

  • HPC Regular
  • PipPipPip
  • Group: Members
  • Posts: 373
  • Joined: 22-January 12

Posted 09 March 2012 - 08:24 AM

View PostQuiet Guy, on 08 March 2012 - 10:12 PM, said:

Victoria 'Young Head' sovereigns - Shield and St. George pattern.



I agree. Of the three portraits of Victoria in my opinion the Young Head was the nicest.

As I prefer to buy in whole ounces and cannot afford gold I buy American Siver Eagles.

Attached Image: Silver_American_Eagle.jpg

I think the quality is fantastic.

The Mexican Libertad is also great.

Attached Image: frontback-mexican_silver_libertad.jpg

This post has been edited by Marcus Aurelius: 09 March 2012 - 08:25 AM

---------------------------------------------------------------------------------------
"All money is a matter of belief" Adam Smith

#10 User is offline   newbonic 

  • HPC Veteran
  • PipPipPipPip
  • Group: Members
  • Posts: 2,328
  • Joined: 30-November 04

Posted 09 March 2012 - 01:44 PM

Has to be 1 oz silver maples for me...

Posted Image
"There are only two basic items in the world economy - food and fuel. All the rest are secondary...there is no substitute for energy; the whole edifice of modern life is build upon it." E F Schumacher

#11 User is offline   Take Me Back To London! 

  • HPC Veteran
  • PipPipPipPip
  • Group: Members
  • Posts: 1,939
  • Joined: 16-November 07

Posted 09 March 2012 - 08:59 PM

View PostQuiet Guy, on 08 March 2012 - 10:12 PM, said:

Victoria 'Young Head' sovereigns - Shield and St. George pattern.

I just think they took a bit more time and effort with the production of the old sovereigns compared to the modern versions - especially recently minted coins.


I agree with you there regarding the sovs. Also the everyday circulated coinage which the Royal Mint churn out are rubbish
Bankers may well have acted as if they’ve been sitting in the casino during the boom years. But it was a state-owned casino, with governments as the croupiers, and central bankers behind the bar giving out free booze.

John Stepek

#12 User is online   98% Chimp 

  • HPC Regular
  • PipPipPip
  • Group: Members
  • Posts: 373
  • Joined: 22-January 12

Posted 10 March 2012 - 05:18 PM

View PostTake Me Back To London!, on 09 March 2012 - 08:59 PM, said:

Also the everyday circulated coinage which the Royal Mint churn out are rubbish


Its a real shame. If you look at the pre-decimilization coinage their designs were fantastic. Even the smaller coinage such as the penny had iconic designs.

Although I do like the new idea of each coin having a part of the shield and when they are put together they form a full shield. The 'Olympic' theme with the 50p coins is an interesting idea as well.
---------------------------------------------------------------------------------------
"All money is a matter of belief" Adam Smith

#13 User is offline   Stay Beautiful 

  • HPC Veteran
  • PipPipPipPip
  • Group: Members
  • Posts: 1,389
  • Joined: 05-November 08

Posted 10 March 2012 - 05:28 PM

a 1914 Half Soveriegn (GB),

a 1964 Half Dollar (USA).

#14 User is offline   Renewed Investor 

  • HPC Regular
  • PipPipPip
  • Group: Members
  • Posts: 327
  • Joined: 22-March 12

Posted 26 March 2012 - 02:37 PM

My favourite is the Perth Mint Kookaburras. And out of them the 2008 is the best design IMHO.

#15 User is offline   Ruffneck 

  • HPC Senior Veteran
  • PipPipPipPipPip
  • Group: New Members
  • Posts: 4,478
  • Joined: 09-January 09

Posted 29 March 2012 - 12:05 PM

Gothic florin is pretty nice.

This post has been edited by Ruffneck: 29 March 2012 - 12:06 PM

“The world has been chilling sharply for about twenty years. If present trends continue, the world will be about four degrees colder for the global mean temperature in 1990, but eleven degrees colder in the year 2000. This is about twice what it would take to put us into an ice age.”
• Kenneth Watt, Ecologist , Earth Day 1970

  • (2 Pages) +
  • 1
  • 2
  • You cannot start a new topic
  • You cannot reply to this topic

1 User(s) are reading this topic
0 members, 1 guests, 0 anonymous users