Stacking Your First 3 Oz of Gold
ฝัง
- เผยแพร่เมื่อ 14 ต.ค. 2024
- Thanks for watching, looking forwards to chatting in the comments.
Discount code £10 off at www.thegoldbullion.co.uk
"0A319" Even works on their competitively priced best value sovereigns
Would you like a free 1 oz Silver Britannia on your next gold order?
www.bullionbypost.co.uk/accounts/login/?referral_code=NS5DZ7WX
Currently Bullion By Post have a referral offer if you sign up through my link and make a qualifying order as a new customer. Alternatively use code 'NS5DZ7WX' when you're signing up to the website in the 'how you heard about us' section.
Multi Use Capsules with foam insert
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The Gold Sovereign Series - Marsh (Fantastic resource for sovereigns - The new version is due out later in August 2024 - I have pre ordered which is currently on a 23% discount ... 2nd link)
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The Gold Sovereign Series 2024 Edition
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Coins of England - Spink (A lot of info for sovereigns but also other British coinage)
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Sigma Precious Metals Verifier I use
UK ebay.us/uBTpot OR ebay.us/zGLAnw. I don't know either of these sellers personally.
For the USA I found this seller ebay.us/5OW7vF
22.5mm Capsules (Sovereign, 0.25 oz Britannia etc)
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Coin Tube (Sovs and 0.25 oz inside capsules)
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33mm Coin Capsules (Gold 1oz Britannia recent years)
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Digital Scales (small)
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Leather £1 Coin Holder (The blue and red ones I have in the videos, note I don't store coins in these long term they're more for show in the video but haven't done any damage)
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This video should not be taken as financial advice and is for entertainment only
As an Amazon Associate I earn from qualifying purchases on some of the above links.
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collecting Gold is addictive you always want more...
No no no I could stop at any time 🤣
I tried to stop collecting gold . Every time I tried I started buying silver and platinum. Then back to gold 😮
@@briankean7153 I don't, I have enough gold, I have some silver, also have some platinum end even palladium. No more metals for me. Just waiting for the bank of England to reduce interest rate (probably next year) so I can start investing in the stock market.
@@briankean7153I have the same problem funny
@SovereignSaurus hy am.looking for 100 grams can you help
Having gold just gives me the warm and fuzzies. I always enjoy your videos. I do agree that having gold helps save, you don't really want to spend it. Thanks.
Yeah a few people have commented on prior videos how it has got them into a great position or out of a bad one
(USA here) I’ve been a silver stacker for 8 years but would occasionally add a 1/10 gold coin (which ever coin was on sale) Then about 2 years ago I started really adding more 1/4oz gold to my silver stack.
I have been a prospector on the Australian goldfields for 43 years. Most of my gold was relatively “free”.
Fantastic! Must be exciting heading out not knowing what you might find
I collect gold, mostly United States gold, but I do have a soft spot for British sovereigns
Funny I'm about the inverse, love some of the pre 33 and of course the modern buffalo
I’m in the states and I’ve done the same thing. I think I had more British sovereign coins at one time than quarter round gold Eagles Maple or Britannias)
Very sound balanced advice as usual!
Setting achievable targets to get to the bigger goal is a great way of doing things in all areas of life imo and with Gold it certainly helps you to build up your collection.
Thanks for the video
Yes I think one of the things with goal setting we often overestimate what we can do in the short term but severely underestimate what we can do in the long term
My first 3-4oz were sovereigns or 1/4oz brits only later did i add 1oz Britannias . I bought a full tube of 1oz gold Britannia when the usa banks started failing as i was a little worried it might come over here too. Its just for a bit of extra piece of mind as the 80k fca protection isnt a real guarantee. it maybe fine if just 1 or 2 banks fail but if many do you are all screwed.
Great points, agreed on the FCA point also, risky having all of ones funds in one account, even with smaller amounts I'd rather not have it all in the same place.
I'm at just over 2oz so far in various pieces
Mmm, 3 ounces of gold😍. That’s a nice bundle 🙆♂️🥇.
I just bought an Isle of Man 1973 sovereign from Pobjoy Mint. My favourite coin dealer here in Denmark had one for sale and the premium was quite normal for a sovereign. I don't know if You have ever mentioned this coin and what You think about it. Beautiful and relatively rare. Only 140.000 made 1973 to 1982. Out of stock at most dealers. I collect Victoria young head sovereigns, but could'nt resist the Norseman. Maybe you could comment in a future video?
I'm planning to save and buy something like a sovereign or a 1/4 oz gold coin every 3 months. This way I can slowly get into a little gold in a stress free manner. Thank you for another nice video I'm learning a lot from your and other channels. Have a nice time with your amazing collection of gold! (it's really fun to see and learn about)🤗
Keep in mind the premium you’re paying on those 1/4 oz coins compared to if you saved up the cash and bought the 1 oz straight off the bat.
That sounds like a sensible approach, no rush just gradually and consistently over time for the long term 👍🏼
@@nathanshane8962 You're absolutely right. My fist purchase was 2 1oz Britannia coins. Very nice but I can't afford to buy those often. So after thinking about it with the premium being low on sovereigns, I thought it'd be best to buy those or a 1/4 every 3 months to add to those coins. I'm partially considering buying mostly 22carat as I like to play with my coins, or combine 22 and 24carat and just mess around with them regardless. I might even try a 1/10 but I get the feeling compared to a 1oz or 1/4 they just wont feel and look all that amazing in hand because of being tiny, whereas the 1/4 are still a proper coin in hand but not sure as I've never had a 1/10. I might get 1 like a random design to try out at some point. Have a nice day and ty for the advice🙂👊
Dont buy 1/4 ounce by sovereigns or swiss coins@@nathanshane8962
The increase in premium that you pay for fractional Gold is directly proportional to your preservation of the largest possible universe of buyers when it comes time to sell. You cannot assume who the buyer will be for your metal in the future, and you may not have easy access to anyone who can afford to buy a full ounce of Gold. You're always better off to stay under 1 ounce of Gold, despite any savings in premium that you might see. Anything that can be accomplished by a 1 ounce piece of Gold can be accomplished by two 1/2 ounce pieces of Gold or four 1/4 ounce pieces of Gold, and those pieces will be far more liquid and easier to move on an individual basis than your 1 ounce piece of Gold. I wouldn't say that you should NEVER own a 1 ounce Gold coin, but I would own large numbers of 1/10 and 1/4 ounce Gold coins, as well as at least several 1/2 ounce Gold coins, before I would ever countenance the purchase of a 1 ounce Gold coin. People will dismiss what I'm saying, for the most part, until the practical realities of trying to sell or move Gold become apparent in a crisis future that may or may not have all of the outlets we enjoy today. Just sayin'...
I got the odd sovereign n half sovereign to feel and see what my ancestors was working on the farm in Lancashire for the last 300 years
Fantastic, love the sentiment too!
💯 to you S.S. !
Certainly a very beautiful selection of coin's you have !
I dig the tube full that inspires me to try and achieve that in 1/10th i believe you said.
I do the the American double eagel coin but there is something about that 24k , 4 - 9999's. That looks so Good !
Thx. For having a show of master pieces.
Good advice! Thanks for another great video.
Thanks AS hope you are well!
@@SovereignSaurus I'm doing well. Thanks for asking. I took over a new position and had to travel non-stop the last 3 months but now I have time to watch your videos again... :)
Hey SS, I hope all is well.
I bought my first three oz at the same time back in 1999 for $300 per oz.
I recon that turned out well.
Cheers 🍾 🍾
Oh man, not far off 10x if price continues trending up who knows!
Bought my first few grams today, plan to add to it on a monthly basis until I get 100grams
Fantastic good luck! Go steady
@@SovereignSaurus Yup, that's the plan, will probably mix in some silver bars along the way if they look the part, 1gram of gold is so tiny, but in it's own way, the perfect starting point :)
I love seeing your stack!
Amazing collection! You have some really nice gold pieces! Seeing all of this gold makes me want to get some. New Subscriber! 👍
Being fussy, (OCD?), about condition, I unfortunately had to avoid British bullion gold unless I could inspect it first. I would have loved to acquire the QB series in 1oz gold, but I was only able to get the completer in MS70ish condition. I did manage to get all of the 2023 1oz Britannia/Coronation coins. My main acquisitions have been Canadian proof gold, which is available at bullion prices on the after market, though I do have quite a string of British proof sovereigns starting in 1979 and continuing up to 2002, all being available here at bullion prices. My older sovereigns range from 1833 to 1931SA, missing only 1916 in the London George V series. I do have a complete set of first portrait Elizabeth sovereigns in high grade. I avoid the modern bullion sovereigns with the highly polished look, hence the emphasis on proof coins.
My first 3 ounces I bought in one ounce coins. Of course back then spot price was $1200 and California has a dumb law that if you bought over $1500 (it’s now $2000) you don’t have to pay taxes.
It's a weird law but you'd think it would be the other way around
If the price goes up… yey! If the price goes down, buy more 👍
Winning both ways 🤣
Do you think now is a good time to buy gold even though it’s at all time highs. I’m just getting into it so want to start buying? Thanks
@@tonywillis1533 Yes, gold is still hugely underpriced when you consider the quadrillions of unfunded debt worldwide, inflation, not to mention the growing geopolitical risks and war. Gold may be at all time highs but it’s still underpriced. Gold is currently very early into a bull market and the upside potential is huge. Any dips in price are smaller and very short-lived. Get in now and acquire as much physical gold as you can to protect yourself against what’s coming…
You make me sad Mr. Saurus, I was waiting for you to get those sovereigns out the tube and play with them on your hands. I really want to see a bunch of sovereigns on the palm of a hand, not just 4 or 5 but a whole tube!
There are plenty of videos like that on the channel 😁
Where I'm from, fractional gold is incredibly liquid.
The main shop I go to can't keep 1/10th ounce coins or smaller in stock.
People don't care about the extra premium.
It's just a much higher number of people that can/will spend the smaller amounts than the full ounce or larger pieces.
I've been into the $5 US commems for the low premiums & the Perth Mint stuff just because I like it & it's sought after.
Cogent advice. Cheers 🥃
WHAT A MARVELOUS Au collection! VERYwell down young man! Someday I will have and hold something between 1/4 and a full Gold sovereign!! 😂 Hey, a guy can dream can' t he!?? 😠👍
I'm sure you can get there one day 👍🏼
@@SovereignSaurus Definitely will. Don't see them often around here.
My first few ounces were definitely the hardest. Lot of non sovs in frame this week. Nice change up!
Yes as much as I like sovs it is good to look at a variety. Got something coming soon that will be a first on the channel... Not something that seems to crop up often 👀
@@SovereignSaurus Look forward to hearing more about it.
Think I got a bargain yesterday. Picked up a George III 1792 Spade Guinea for £494, just below spot! Lovely coin and my oldest so far. First time I've bought from an auction house as the fees put me off before, but think I'll do it again. Sovereigns were selling for £350 plus 30%, so £455, same as Atkinson's best value sovereign price, but you can choose specific dates and go for a proof at no extra cost.
Nice! I don't know the market for guineas that well but they're lovely. Surely can't be far wrong at that price!
@@SovereignSaurus £600 - £900 seems to be the average selling price. Auctions normally have a starting bid of 5-600
What has been your experience with best value sovereigns? I've heard that some websites sell better quality than others. I recall somebody mentioning bullion by post having the highest premiums but offering the best quality coins. I am considering starting my stacking with Atkinsons as they often offer the best value out of all the websites. Do you usually buy from websites or do local coin shops give better offers? Apologies for the list of questions! Thanks
I have had some of my nicest from Bullion By Post and none that were in any way rough. It can be look of the draw though maybe I've just been lucky. Their service is fantastic I've been using them since 2018.
I do buy from others too and have had nice ones from others also. Had a few rough ones out of other dealers but on the whole reasonable coins.
If you get familiar with some of the smaller dealers or a local store you can perhaps get to see coins before you buy them. Not everyone has a local store though, you might and if so I'd definitely pay them a visit.
Buying on the 2nd hand market if the seller has good photos and is trustworthy you might get to pick and choose a bit. Obviously be careful if going down this route.
Ive had mostly great ones but have had a few lower grade ones .
Love them sovereigns am
Picking up one a month 😊
Awesome, they will soon mount up!
@@SovereignSaurus I hope so but yes it’s exciting working on no #14 now but technically I’m
There as I have four halves as well 😊
Started last year with a gram.whent up 2 buying brittanias. Sold them when I needed to buy my house .and up again and looking at 100 gram bar. But it's so expensive
Cool, well done mate, maybe you could buy some Britannias or similar rather than the whole 100g bar at once?
If your in the UK there are capital gains tax advantages of Britannis vs bars, when its time to sell your gold
Actually keeping your cash in the bank isn't that bad now given how high interest you can get on some saving accounts, I definitely take advantage of that for now.
Yeah for cash on hand there it's better than it has been the past decade or so
That s the gold magic, just like you said, you have fractional options and then you realise you are addicted and you went in too far and now it s too late to stop...lol lol lol...
I still wonder how people will deal with all the gold they have at home later on.
I mean, I have a few oz of gold now, but idk if I want to have any more gold at home... it starts to become a risk...
You definitely have more that I do, so I'm wondering: do you ever worry about it getting stolen or lost?
Edit: ah safety depositbox... nevermind lol.
Oh and about premiums: I found out that if you're in the EU, the premiums when buying philharmonics directly from the Austrian mint is by far the lowest!
really love your videos and sovereigns 😅
Thanks! 😃
Hello sir! How can i get in touch with you for a possible collab video? Many thanks!
Nice rather have gold/silver you can touch cheers 🍻 mate regards from stewy Hudson and Family Birmingham city England 🇬🇧 👍 😀 👏 👌 😎 🇬🇧 👍
Thanks for watching, definitely something captivating about the physical stuff!
Save some for the rest of us!! 😂
I bought nice 1 OZ collection case from RM and was hoping to fill it up in my lifetime with 10 Britannia's but it is a real struggle as I can't make ends meet. I wish I had invested in bullion/gold earlier as I had funds but never mind you live and learn. Gold was much cheaper back then as well. I think I am going to plough any spare monies into my pension and then if I can start purchasing gold for my new case.
Maybe you can still get there just saving where you can perhaps making some cutbacks or sacrifices if you think it would be the better decision. Perhaps there are ways to improve your circumstances? I don't expect you to spill your personal story in TH-cam comments but hopefully something to think about
@@SovereignSaurus where do you purchase your gold from and are some dealers cheaper than others?
@jkly495 my personal "go to" bullion dealers are Atkinsons and also Chards, always first class service for many years😊
@@Goldylocksss Have you ever used Tavex Bullion?
What Are The costs Of Safety Deposit Boxes ?
Depends on the size and I imagine different companies are priced differently. Best bet is to search for them in your relevant area and see what's available 👍🏼
Nearly all the banks in our town are now closed, it's crazy..No safety deposits available!
Your production volume is low, I have my device on max and still need to keep it close.
Thanks for the feedback, may I ask is it just this video or the prior video too?
@@SovereignSaurus just this video
@@Virgin_Stacker Thankyou I'll see if I can tweak anything on the back end, have a great weekend!