lol I keep hearing it’s not an investment but when you make more profit than the dollar devalues, it becomes an investment! Silver is up over 100%since 2017
I recently got what I thought was a decent silver buy from one of the dealers you mentioned. I got six 2 ounce Australian lunar rabbits @ £58.00 each inc. VAT and delivery. Everyone else was charging way more, some as much as an extra £40.00 per coin!
@@spangler9792 It was Atkinsons. At the time the closest anyone else was selling them for was £69. Others were selling them for as much as £90, which was ridiculous. They have all sold out now. I wish I had bought more as I could have got a slightly better deal on 10. I bought 2 and then another 4, so I could have done better.
@@meteoman7958 I am going with 90% gold 10% silver. I only started stacking at the start of this year (I wish I'd started years ago!). I have been in ETF's and miners etc. for some time but I wanted to start owning some physical, for a number of reasons. I think of silver more along the lines of junior mining stocks, they could fly to the moon or they may not, it's a bit of a lottery.
Tips.for newbie's 1) decide if you are a collector ( get sruff you like regardless if it gives best returns or a stacker (buy liquid stuff that will.maximiae return) or a combo of both 2nd check laws rules taxes in tour region regarding different metals , purity, coins, bars etc. as this will.determine what you buy if you are a stacker 3) check the price of both metals for gains/loses for every 1,2,3,5,10,15,20,25 year period since 1970 ( end of gold standard) as this will tell you what to buy if you are a stacker .
The concern over premiums kind of seems irrelevant. Everyone has to make money off of their product above the cost of it. Granted that some premiums are higher than they really need to be but it's still amazes me that you can buy brand new coins for 1 to $3 over the cost of the metal. With no local coin shops I just shop the deals of a couple of my favorite online bullion dealers. There has never been any concern over the quality of product that you get. Thank you as always sir, great content 🫎🫎
I totally agree with you on Bullion By Post. You can get a gem on there cheap at tes but for the most part expensive. None the less, you get totally legit goods.
I just started collecting silver but today I was in the local coin store and I almost bought my very first gold coin. It was the Australian kangaroo in the price was $2,750.00. Obviously the price of gold is at/near the all time high so I wrestled with the decision. I even left the store for an hour and went back. I was too scared to pull the trigger on such a large price so I bought some silver instead. Please forgive my noobness. I will contemplate it for the week and possibly go back and try again next week, lol!
I bought from Sharps Pixley since they were offering the best price out of the usual dealers for a double sovereign. Turned out well after TRM had to refund my money after their merchant messed up the transaction. In case you wanna know I paid £987.
what I don't undestand and think is a bit of a rip off is when a bullion dealer will pay the same amount for a certain coins regardless, of the year and yet they sell earlier dated coins for quite a bit more money than more recent dated coins. What do you think about this
Coin Collecting has always attracted scammers, they are a continuation of counterfeiting for circulation which is only profitable for banknotes these days. But Hughley profitable for collectors items.
By the way what is the point of buying coins that are part of Trial of the Pyx? Seems like another way to justify slapping a higher premium on coins by The Royal Mint, never understood it.
If you can't hold it, you don't own it. If internet or electricity goes down, bitcoin is worthless. I would buy physical gold if you can. Nothing wrong with having both. As long as there's internet and electricity, bitcoin seems to be good to have. Just don't put all your money into it.
I try to buy a 1/10 or at minimum, a gram of gold every month. I know theres higher premiums on fractional gold but that doesnt bother me. Its not like buying a new car where it loses value as soon as you take possession. You can always sell it and get your money back out of it. The premium stays with it.
I actually bought my first 1/20oz gold coin the other day. (Australian) The premium was virtually the same as a 1/10oz Britannia. I agree, almost anything you buy loses a ton of money as soon as you take it out of the show room. I drive a 22 year old car which does me fine. I am past caring about driving the latest. My only other indulgence is electric guitars. If you buy right with those, you don't lose money, in fact some are as good as gold!
@@allthingssilver7635 Not everyone can afford 1oz Britannia's and Sovereign's but fractionals are a way of getting in. The premiums are still far less than silver and no VAT. Mind you, I did need a magnifying glass to see the 1/20oz coin!
Since silver has only just kept up with inflation at the best of times, one can never catch up with high premium made for collector coins. As long as dealers pay spot or less, and costs are CPI adjusted, collectors will always be in the red. Gold, on the other hand, has handily beaten inflation and with the usual low premiums on bullion gold or aftermarket premium gold, one can actually consider gold as a good investment. EDIT: Of course, if one has just started buying today, it may take a while for the above to be true.
@@mojojojo11811 hi, I figured it would need a signature, just need to know if I'm not at home when delivered then can another family member sign it for me?
@@BackyardBullion i agree the yellow ones look nicer. I'm looking at a pre owned unknown date yellow one with possible scratches etc or a 2023 better condition pinkish one but unsure which one to get? Does the condition matter if I'm just putting away for long term storage? They are both around the £500 mark. Also can any family sign for it at home if I'm not in?
@@ashleygarnett8840 thanks. There is both a 2023 pink one and some pre owned unknown date yellow ones with probable scratches etc, I just didn't know which one to get as they are approx same price.
Personally I would leave Silver alone! For gold I would now only buy full & half sovereigns and 1/4 or 1/2oz Britannias. Anything smaller or larger just don’t make sense. Either silly premiums for a tiny amount or so expensive it doesn’t sell
Have just liquidated 8 sovereigns bought last year at around 350ish each. Pretty much a 50% return in a year. Money used to finance a car deposit and to buy suits for work. Hopefully invest in myself will payoff 🤞🏼
Sovereigns I personally think is the best gold to buy. Especially if gold keeps rising. Many will be priced out of 1oz coins. Edit: I'm still stacking silver. I'm buying any where between £28-29 per oz. If it rises above £32 I'm holding. If it goes towards £50 bye bye stack. New investments shall go on to a new assest
@@JB-sv2uc the silver forum. I’ve traded a bit on there so have good feedback. Have also sold on eBay since the zero commission came in. Only a bit on there but it went well
What I find funny when people buy gold and silver they worry about the premium so much but they forget anything they buy in the world cars small electronics whatever they pay a premium it's just not called a premium it's called tax they forget the people that own the store have to make a profit up the price little bit 10 to 15 percent to make their profit to stay in business it's a different name so they worry about it
Yes. most stuff has little intrinsic value and the bulk of its price is margin, but that does pay for its design and development, although the coins have those costs too.
Check out your local auction houses. If you search past sales for example gold sovereigns you will see that the hammer price + commission + vat on commission = spot price. Bidders takes the fees into account when bidding.
Louies silver reports the lowest gold and silver prices daily on his TH-cam channel. If your gonna buy anything, check his latest video first. He has zero sponsors.
Where are they based ? I did alot of business with europa bullion they have been renamed premium gold they are due to be up and running sometime this month looking forward to that
Loving your videos. Had a couple of pieces of you from live pours. You planning on any more live pours? Was Xmas last year last one wasn't it? Nearly there again already. Ch000854
Thanks for all your hard work and providing us with valuable info.
My pleasure!
Storage of wealth, not an investment folks. It’s the most fun though 😃
Better than saving in the bank
For me its an investment....i sold some stuff and got a nice profit on it....its for the long run mostly i know.
lol I keep hearing it’s not an investment but when you make more profit than the dollar devalues, it becomes an investment! Silver is up over 100%since 2017
I recently got what I thought was a decent silver buy from one of the dealers you mentioned. I got six 2 ounce Australian lunar rabbits @ £58.00 each inc. VAT and delivery. Everyone else was charging way more, some as much as an extra £40.00 per coin!
Oof, nice one!
Which dealer was it. I currently buy from the Bullion Room Birmingham; but I'm thinking of purchasing from another dealer.
2oz are worth £47.72, so you will never make an inflation adjusted profit, but, like the rest of us, you will enjoy owning them.
@@spangler9792 It was Atkinsons. At the time the closest anyone else was selling them for was £69. Others were selling them for as much as £90, which was ridiculous. They have all sold out now. I wish I had bought more as I could have got a slightly better deal on 10. I bought 2 and then another 4, so I could have done better.
@@meteoman7958 I am going with 90% gold 10% silver. I only started stacking at the start of this year (I wish I'd started years ago!). I have been in ETF's and miners etc. for some time but I wanted to start owning some physical, for a number of reasons. I think of silver more along the lines of junior mining stocks, they could fly to the moon or they may not, it's a bit of a lottery.
I got an Amex everyday cashback card and you get 5% cashback on it. Means I can buy a Britannia below spot price
Hi, is that the Blue Cash Every Day Card?
@@Millennial_Stacker no in the UK is called amec everyday cashback card
@@JB-sv2uc ok thanks here in the US it's 3% it's a pretty good card
Tips.for newbie's 1) decide if you are a collector ( get sruff you like regardless if it gives best returns or a stacker (buy liquid stuff that will.maximiae return) or a combo of both 2nd check laws rules taxes in tour region regarding different metals , purity, coins, bars etc. as this will.determine what you buy if you are a stacker 3) check the price of both metals for gains/loses for every 1,2,3,5,10,15,20,25 year period since 1970 ( end of gold standard) as this will tell you what to buy if you are a stacker .
The concern over premiums kind of seems irrelevant. Everyone has to make money off of their product above the cost of it. Granted that some premiums are higher than they really need to be but it's still amazes me that you can buy brand new coins for 1 to $3 over the cost of the metal. With no local coin shops I just shop the deals of a couple of my favorite online bullion dealers. There has never been any concern over the quality of product that you get. Thank you as always sir, great content 🫎🫎
I totally agree with you on Bullion By Post. You can get a gem on there cheap at tes but for the most part expensive. None the less, you get totally legit goods.
What are the best places Europe-wise to browse/buy older circulation gold coins (1600s-late 1800s)?
Love your work, man.
I just started collecting silver but today I was in the local coin store and I almost bought my very first gold coin. It was the Australian kangaroo in the price was $2,750.00. Obviously the price of gold is at/near the all time high so I wrestled with the decision. I even left the store for an hour and went back. I was too scared to pull the trigger on such a large price so I bought some silver instead. Please forgive my noobness. I will contemplate it for the week and possibly go back and try again next week, lol!
The Royal Mint has some of the most beautiful coins I hope the US Mint steps up their games some in the coming year
I bought from Sharps Pixley since they were offering the best price out of the usual dealers for a double sovereign. Turned out well after TRM had to refund my money after their merchant messed up the transaction. In case you wanna know I paid £987.
Nice, good buy and a food price!
Great video as ever and keep them coming. Just a quick and possibly silly question: Why are some of your gold coins pink and not gold?
what I don't undestand and think is a bit of a rip off is when a bullion dealer will pay the same amount for a certain coins regardless, of the year and yet they sell earlier dated coins for quite a bit more money than more recent dated coins. What do you think about this
Coin Collecting has always attracted scammers, they are a continuation of counterfeiting for circulation which is only profitable for banknotes these days. But Hughley profitable for collectors items.
btw, both metals are around 100% up since 2014, so i would say - EVEN !
I love that Matte Finish 2022 Gold coin. Is that a £5 ?
Ch000854 5g gold bar 🤓
Do you ever buy sovereigns locally?
What’s your opinion on grade C sovereigns?
If you are paying 1% over on them, sure!
Where would you go as a first time buyer of gold bullion coins for the best price in the uk?
Atkinson's bullion. Best prices
@@BackyardBullion thankyou
Yep, Atkinsons currently best, Chards second best😊
By the way what is the point of buying coins that are part of Trial of the Pyx? Seems like another way to justify slapping a higher premium on coins by The Royal Mint, never understood it.
Bingo! We have a winner!
Where is you buyers club?
backyard-bullion-buyers-club.beehiiv.com/
Treasure trove of silver and gold 👍
One question. How many 1 oz bars of gold = 1 bitcoin? And what would you do ?
If you can't hold it, you don't own it. If internet or electricity goes down, bitcoin is worthless. I would buy physical gold if you can.
Nothing wrong with having both. As long as there's internet and electricity, bitcoin seems to be good to have.
Just don't put all your money into it.
I try to buy a 1/10 or at minimum, a gram of gold every month.
I know theres higher premiums on fractional gold but that doesnt bother me.
Its not like buying a new car where it loses value as soon as you take possession.
You can always sell it and get your money back out of it. The premium stays with it.
I actually bought my first 1/20oz gold coin the other day. (Australian) The premium was virtually the same as a 1/10oz Britannia.
I agree, almost anything you buy loses a ton of money as soon as you take it out of the show room. I drive a 22 year old car which does me fine. I am past caring about driving the latest. My only other indulgence is electric guitars. If you buy right with those, you don't lose money, in fact some are as good as gold!
@@Silvermachine7 Nice! A lot of ppl will tell you to stay away from 1/20. I say, buy what you can when you can. It all adds up over time.
@@allthingssilver7635 Not everyone can afford 1oz Britannia's and Sovereign's but fractionals are a way of getting in. The premiums are still far less than silver and no VAT. Mind you, I did need a magnifying glass to see the 1/20oz coin!
Since silver has only just kept up with inflation at the best of times, one can never catch up with high premium made for collector coins. As long as dealers pay spot or less, and costs are CPI adjusted, collectors will always be in the red. Gold, on the other hand, has handily beaten inflation and with the usual low premiums on bullion gold or aftermarket premium gold, one can actually consider gold as a good investment. EDIT: Of course, if one has just started buying today, it may take a while for the above to be true.
Can anyone tell me if i have to sign on delivery or not, and if someone else can do it if im not at home? Ive not bought coins before.
Most dealers will send it by 'special delivery' so it will require a signature.
@@mojojojo11811 hi, I figured it would need a signature, just need to know if I'm not at home when delivered then can another family member sign it for me?
I've noticed £5 over spot on Brittanias
That seems a good price right now.
Is it better to buy the yellow colour sovereigns or the pink looking ones, or does it not matter?
I prefer the yellow ones, they seem generally more popular if people have a choice.
@@BackyardBullion i agree the yellow ones look nicer. I'm looking at a pre owned unknown date yellow one with possible scratches etc or a 2023 better condition pinkish one but unsure which one to get? Does the condition matter if I'm just putting away for long term storage? They are both around the £500 mark. Also can any family sign for it at home if I'm not in?
I prefer yellow but I'll take Pink if that's all that is there I won't allow it to stop me.
@@ashleygarnett8840 thanks. There is both a 2023 pink one and some pre owned unknown date yellow ones with probable scratches etc, I just didn't know which one to get as they are approx same price.
Don't like the pink at all
really dislike having to pay 5 over spot per coin for tubes ... 3, okay but 5 is greedy
Personally I would leave Silver alone! For gold I would now only buy full & half sovereigns and 1/4 or 1/2oz Britannias. Anything smaller or larger just don’t make sense. Either silly premiums for a tiny amount or so expensive it doesn’t sell
Have just liquidated 8 sovereigns bought last year at around 350ish each. Pretty much a 50% return in a year. Money used to finance a car deposit and to buy suits for work. Hopefully invest in myself will payoff 🤞🏼
Nice one, good stuff!
Sovereigns I personally think is the best gold to buy. Especially if gold keeps rising. Many will be priced out of 1oz coins.
Edit: I'm still stacking silver. I'm buying any where between £28-29 per oz. If it rises above £32 I'm holding. If it goes towards £50 bye bye stack. New investments shall go on to a new assest
@@davisstevied if you don't mind. How did you sell them? And did it go smoothly?
@@JB-sv2uc the silver forum. I’ve traded a bit on there so have good feedback. Have also sold on eBay since the zero commission came in. Only a bit on there but it went well
What I find funny when people buy gold and silver they worry about the premium so much but they forget anything they buy in the world cars small electronics whatever they pay a premium it's just not called a premium it's called tax they forget the people that own the store have to make a profit up the price little bit 10 to 15 percent to make their profit to stay in business it's a different name so they worry about it
Yeah, you make an excellent point here!
Yes. most stuff has little intrinsic value and the bulk of its price is margin, but that does pay for its design and development, although the coins have those costs too.
Baird & co are the cheapest I can find.
Atkinsons are cheaper
@@BackyardBullion Thanks, will take a look.
ive lost alot on silver
Nah, dealer schmealer lol. Buy it from auction houses. Always goes for spot...chains, sovereigns, graded, whatever....rarely goes above spot.
but you pay VAT + auction fees
Check out your local auction houses. If you search past sales for example gold sovereigns you will see that the hammer price + commission + vat on commission = spot price. Bidders takes the fees into account when bidding.
Louies silver reports the lowest gold and silver prices daily on his TH-cam channel. If your gonna buy anything, check his latest video first. He has zero sponsors.
Bleyer Bullion are a great bullion dealer to buy from
Where are they based ? I did alot of business with europa bullion they have been renamed premium gold they are due to be up and running sometime this month looking forward to that
Bleyer are in the UK. Great people and awesome dealer.
@@royharris2357 the county of Devon, Caroline the owner is great.
@@nickybluechips7567cheers will check them out
Another good dealer whom I have bought gold from however Atkinsons cheaper at moment😊
Shame we can't get tax free from Europe 😢 I miss those prices 😂
In US you don’t have Free tax on Coins, they tax every coins and capital gains.😡
Yes I buy gold, but for tax reasons I won't touch Silver.
Anyone not buying gold knows nothing about history or economics 😮,,
Guy stacks prescious metals and stores them in a cardboard box
Gotta get chu a leather bag or some hollow books
Loving your videos. Had a couple of pieces of you from live pours. You planning on any more live pours? Was Xmas last year last one wasn't it? Nearly there again already. Ch000854
I am indeed going to be doing a live pouring event soon!
CH000854, Another great vid BYB. Thanks for the continued grest advise.
Ch000854. Thank You for another great video BYB!
Rambler here, ch000854👍
Chooo854😊
Ch000854 great vid 👍
Cool kid club alert!
CH000854 😂
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Cool kid alert!
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Cool kid club member!
CH000854... food for thought.
Ch000854
Cool kid club alert! Thanks.
Ch00854
CH000854😊
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Cool kid club member!
Ch000854
Cool kid club alert!
CH000854
Cool kid club alert!!
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Cool kid club alert!
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