Jump to content

Steve Hotson

Moderators
  • Content Count

    38
  • Joined

  • Last visited

  • Days Won

    3

Steve Hotson last won the day on January 17

Steve Hotson had the most liked content!

Community Reputation

15 Good

About Steve Hotson

  • Rank
    Silver Trade

Recent Profile Visitors

467 profile views
  1. Hi Stacker Queen, Liking the silver stackers of the world unite, cool 999 shape as well 🙂
  2. 22 years of Silver Maple leaf series - that's a lot of silver Maple bullion production! Still surprising lower compared to many of the US Eagle production years, Personally I would say any of the Maple leafs prior to 2006 will still be quite collectable, especially in fine or Unc. condition. Some of the years were especially quite low mintages, partially for what is basically a 1ounce investment bullion coin, with international recognition. + a whole silver stack of special privy editions. Lowest mintage years for the MapleLeafs were; 1988 (first year mintage) 1,155,931 if that's low! 1991: 644,300 1992: 343,800 1994: 889,946 1995: 326,244 1996: 250,445 1997: 100,970 1998: 591,359 2000: 403,650 2001: 398,563 2002: 576,196 2003: 684,750 2004: 680,925 2005: 955,694 Then loomed the next financial crisis and from 2006-2008 onwards, lets say bullion coins started to become popular! Anyone looking for a particular year, or even a whole collection, I do have most of these available, prices ranging £30-£45 Including some still RCM sleeve sealed & 1997's * more photos to follow
  3. Welcome to SilverHubs - new members joining this month, Great to see the New Hubs getting off to a good start, Please feel free to post any new topics, posts, questions etc on the sites forums, or just say Hi & let us know what you'd like to see here? 'Thanks' @Steve Hotson @David Chown @Success @regmarchant @Thomas @Silver Bullet @James Knights @Jimbullion @DaveB @Adk1080 @Aron @Stevie @Johnmlfc68 @Purest Silver @Silver Stacker @Tinker @Howard Davis
  4. "Hello new SilverHub'rs" The site has evolved from my own experiences investing in precious metals, business and overland travel. it's a reflection of my own passions for all things metal and hubs since an early age! I'm looking forward to hearing from you here and building an exciting worthwhile precious metals & trading community together, I’d love to hear your thoughts and any feedback about the SilverHubs, feel free to fire away. Your feedback and views are really appreciated and will positively help us develop the Hubs. Steve H'
  5. Time Left: 29 days and 9 hours

    • FOR SALE
    • MINT AS NEW

    NEW 2020 Queen's Beasts 2oz 9999 silver bullion coins x 10 two ounce coins / 20 Troy ounces silver SilverHubs price £19.27 / oz £38.55 per 2oz coin / £385.50 per tube of 20 Troy ounces 10+ silver coins supplied in new Mint tube UK insured Special delivery: £8.70 up to 20 ounce or £12 / 40 ounce Payments: secure online banking direct to SilverHubs UK, or for Paypal invoice add +2.9% Contact admin to order: @SilverHubs CoinsUK SilverHubs seller, 1300+ positive feedback - Trade rates available to Silver registered members only or order direct online from CoinsUK.uk - Paypal & free delivery inclusive

    385.50 GBP

  6. Time Left: 29 days and 10 hours

    • FOR SALE
    • MINT AS NEW

    2019 Royal Coat of Arms 1oz 999 silver bullion £2 coins UK Mint NEW Full UK Mint tube of 25 ounces CGT free / VAT free / UK Silver bullion coins / UK seller secondary market vat free - as new Mint Unc price £19.40 oz £485 per full tube 25 ounces UK insured Special delivery: £8.75 up to 25 ounce or £12 per 50 ounce Payments: secure online banking or Paypal invoice +2.9% Contact @Steve Hotson to reserve & organise payment invoice

    485.00 GBP

    Lincoln, Midlands - GB

  7. Thanks, yes - Dragons started in 2018. Re the 2020 Dragons - I think we won't see those until early 2020 + I've a feeling that all 2020 mintages will be popular. Cut instinct is that 2020 will be a good year for precious metals, right through 2021-22, as the central banks crank up their currency devaluation/fiat money printing. 2020 just looks good on a silver coin 🙂 I'll be actively scouting out the first 2020 Dragon bars (already have sourced some 2020 Britannia on at aprox 20% saving on the Mints prices) Will aim to start a separate topic for 2020 coinage / availability / trade prices.
  8. In my experience, people look for 3 keys things buying silver coins; Authenticity - the legal tender bullion coins from World Mints tick this box, legal tender/coin design/mint tubes - all make them harder to forge, (not that we're seeing much fake silver as yet, but that could change when silver's $50-$100 an ounce! Local Country specific silver, i.e in UK the default is Britannia 999 silver £2, Canada the Maple leaf, USA Eagle etc Collectability, any enhanced premium form scarcity, i.e. desirability Since the Britannia switched form .958 to .999 silver and the Mint went from collectors silver to basically bullion investment silver, there's not really much added collectability value in most of the newer Britannia bullion silver, although certain years and older coins will still get a premium at times. (less so than many retailers will have you believe!) i.e 2013, 2014, 2015 Britannia are still relatively scarcer and can sell for £1-£2 a coin more than a current year. If a collector wants a tube of every year, they're going to happily pay slightly more to add the older years, especially if the silver has been well stored and is still in as Mint condition. There's also the lower mintage privy editors and oriental borders - all command a decent premium with collectors. The Dragon 1 ounce 9999 silver bullion bars are very unusual, in every sense, since they tick all the above boxes and people have really taken to them. They look good, they're an unusual design, minted to a very high quality - in my opinion far far better quality than any bullion the Royal Mint produces AND they're quite a small mintage at just 500k for Worldwide sale. That means there's not many at all reaching the UK shores, compared to the unlimited minted Britannia. I'd say there's no comparison from Dragon bars, to bullion like the Maple, or US Eagle, given the huge mintage volume the Eagles are produced at, not uncommon to see 30,000,000-40million Eagles minted per year, that's 80 X more than Dragons!! Even an older nice 1999 Eagle still had a mintage of over 7million coins, compared to a 1999 UK Britannia just 69,394 that makes a 99Britannia 100times scarcer than the equivalent US Eagle. 2001 even scarcer at just 44816 Britannia v 9million Eagles! You can see why older Britannia fetch a premium. Back to bullion - As silver prices rise, most premiums of all but the most desirable silver coins, will disappear. i.e. imagine a scenario with silver at £50, most silver bullion buyers won't care too much wether they buy say a 2016, 2020, 2030 year coin and it's unlikely that the 2016 will fetch much different to say a 2020 / 2030 etc (forward thinking!) Same rules will apply, buyers will want the trust and authenticity which comes from the genuine legal tender minted coins, as well as buyer/seller trust of course. I think they'll still be modest premiums for the scarcer more unusual coins amongst collectors, the Dragon bars should maintain their desirability. Meanwhile, they look and stack nice 🙂 Final thought, in a declining or static market - having added collectability does also have benefits. Personally, I'm happy paying a premium on the Dragon bars. I also appreciate premiums on older collectable sterling silver or fine graded silver coins. I will do a specific article on various mintages V values Plus add some Dragon bars into the trade Hubs. Hopefully other sellers will start to trade them here as well at some stage (although since they only started minting in 2018, I'd guess most owners are buyers rather than sellers right now!) 2008 Dragons are also quite scarce, you don't see many at all with UK dealers and they certainly are commanding a decent premium.
  9. I've heard of people buying gold in Dubai, I'm guessing they do not tax silver the same as most western Countries? On balance, unless you happen to be out there, it's probably not a huge saving from buying the best priced silver we'll get here. With spot currently close to £14 - that's all most dealers will offer private sellers, hence if you can sell direct and get £15-£17, that will be an attractive increase for some sellers & that's how dealing direct will benefit both buyer and seller. Privately - we should find that this site establishes it's own 'mid price' for standard bullion coinage. Currently around £17.40 for 1ounce .9999 silver bullion coins; * any delivery & payment costs like Paypal, shipping/delivery - always adds a fair amount to silver costs, even shipping within UK. There will always be cheaper silver to be found overseas, especially when you get; A/ closer to the mining source B/ zero or low tax regions But there's always going to be issues carrying it, or transporting into UK, if it's in any volume - they'll be transport costs and some degree of import duty/VAT. Currently our European friends are still a good source, but again - needs to be a reasonable volume to cover shipping costs. All in all, buying from trusted private sellers, or doing trades direct - will be a good way to exchange silver. * above's just examples at current silver prices and is based on standard silver bullion, as apposed to more limited issues or scarcer silver coins etc
×
×
  • Create New...

Important Information

SilverHubs uses cookies to help the silver forums and metals trading hubs work efficiently & help us deliver our services. If you use the site facilities you agree to our use of cookies