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 Replies: 8 / Views: 1,086 |
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Pillar of the Community
United States
1247 Posts |
Yesterday the Wallstreet Journal reported that Great Britain will allow folks to include: Wine, residential property, antiques, stamp collections and classic cars in their SIPPs. SIPP stands for self invested personal pension scheme and is similar to our IRAs. It didn't say coins or rare coins in the report and hopefully that was just an oversight on the part of the reporter. The law goes into effect on April 6 and is called A-day. Way to go Great Britain! We in America used to have that option until they took it away from us in the 80's, determined to have Americans spend their lives and savings propping up wallstreet  Wallstreet Journal Friday Nov 25, 2005 Money & Investing section page C1 |
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Pillar Of The Community
3147 Posts |
I may have to move and turn into a wino? Nothing like a tax break for a lush! Just joking but do find it odd that coins were not specifically mentioned? I do know that in Great Britain if you should find or stumble onto a rarity IT IS NOT YOURS until the Government takes possession and declares who actually owns it! It is yours or theirs and you don't have much say in the matter as their decision tends to be final. Finding buried treasure in England is not a good thing unless you have relatives OUT of the country you can quietly ship them to!
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Pillar of the Community
 United States
1247 Posts |
quote:
Originally posted by crystalk64
I may have to move and turn into a wino? Nothing like a tax break for a lush!
Remember Billy beer? I heard that stuff wasn't much more than lizard spit. And yet I remember one of the major houses in the late 80's auctioning an unopened case of it for $6,000.  |
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Rest in Peace
United States
954 Posts |
You can tell your getting old when the toys you played with when you were young is considered a rare collictible.  catman |
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Pillar of the Community
United States
1247 Posts |
Hey Steve I bought a Farrah Fewcett coffee mug in 1977. It even has the date 1977 on it. I paid $6 for it which seemed outrageous at the time for a plastic coffee cup but I was convinced it would be worth a fortune in 10 or 20 years. Well I check on the fortune last year. One sold on ebay for $4. [:0] |
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Rest in Peace
United States
2684 Posts |
I might presume rare coins and artwork would be included under "antiques". However, don't look to the US of A to be so progressive for the next few years, at least.
And, yes, it bothers me when my childhood playthings and other objects are now valuable collectibles. Reminds me of how old I really am getting.
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Rest in Peace
United States
3730 Posts |
Collectibles I have stored away which show my age:
BB Gun
Golden 45 rpm record of "Bobby Benson and the BRB Ranch."
Two Mickey Mantle baseball cards from the 1950's.
Ansco Box Camera.
Kodak Instamatic 104 camera.
50 eight-track tapes.
"Dick and Jane" reader.
Sheets of postage stamps commemerating Glenn's flight and the Echo satellite.
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Rest in Peace
United States
2684 Posts |
While I have been accused of being a pack rat in the past, that's all behind me ever since I hit the road as a fulltime RVer and I now have very few items such as you list, Gary. At one time long ago in a far away galaxy, I had antiquey things very similar to your list, e.g., Mickey Mantle basebal card, Kodak Brownie Starflash, and many tools which both my father and I used, but are now considered collectibles, e.g., draw plane, spokeshaver, molding planes, 2-man crosscut saws, and several Disston saws. I still have an early 1800s sawtooth set with me (couldn't find it when I was selling everything else) used by my grandfather, my dad, and myself.
Fred
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Pillar Of The Community
3147 Posts |
I still have a six pack of unopened Hudepol beer which came out as Hu Dey in reference to Who Dey Tink Goin to Beat Them Bengals (Cincy) when they went to their first SuperBowl! A dealer in Cincy told me, if the Bengals ever make it back to the SuperBowl that 6 pack would be worth $2000 to $2400 dollars. God I hope they make it this year!!! Also might point out these cans were made before the NFL gave them permission to make and distribute so the NFL logo is not on them. NFL raised quite a stink at the time, production was halted, along with distribution and new cans were made after a settlement was reached. Through the years I have sold off singles but this last remaining unopened 6 pack, sooner or later, is going to give me a return! Wonder if the beer is still good? Yeah, right!
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Replies: 8 / Views: 1,086 |
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Posted 11/26/2005 5:26 pm
