In the US I go with the Bar. Do not like Charles Love the Brits, I 'm married to one 49 years.... No tax in the US either in some states. Joey Biden wants Capital gains on it good luck.
Depending on why I’m buying it really. For the silver content, the kilo bar. For the silver content and collectible aspect of the investment, Britannia. I have the equipment to melt the bar down if needed and mark them.
Can someone explain this to me. Why I should buy silver with a 20%VAT. Its going to take several years before I make a return? Or am i looking at this incorrectly?
Dear BYB, I am more into the Kilo coin. I have a tiger one I shown on a recent video. I would be SO HONORED if you went to see it. It is my only Kilo Coin. My other few Kilos are bars. I don't see any reason to go beyond a kilo for an individual with normal range of income. TY for giving us awesome videos.
Interesting conundrum, I have 10oz coins and 10oz bars, all are great designs from the Royal Mint, Great engravers, Queens Beasts and Tudor Beast. At one point I had a 1kg Queens Beasts Completer that I was pleased to off load for 3 x 10oz coins ++. However, to sort of answer the question, I think 10oz is quite big enough for a silver product.
3 Coin rather than 1 bar 1) bar easier to fake harder to test a bar especially one that thick 2) bar has CGT liabilities in uk whereas coin doesnt. 3) less liquid than coin due to readon 1 +2 4) cant divise 1 bar if not all its value is needed when liquidating
Both too big, 5kg bar looks beautiful but way too big and its not that cheap per oz compared to 1kg bars or smaller. Issue i have with the larger coins is they're not really coins they're way too big. Same with 10oz coins, they just look wrong to me . But each to their own. Storage space is an issue for me at moment so I'll go for bars having said that im buying coins recently. Just cant help myself 🥺🤗
The one kilo coin is approximately twice the price of an umicore 1 kilo bar, the 5 kilo bar might have a low premium because of the volume of it, but it isn't cost effective. The 5 kilo bar would be purchased to sell, as nothing is purchased to hold until you die; Having said that you would need someone, ( a rare thing ) with enough cash or willingness to want to buy a 5 kilo bar, to be able to sell it on. This video is running as I am typing so will probably say pretty much the same thing as this video might, ( presumptuous i know , but common sense dictates my buying ) . Personally I thought 1000 ounces would be a good base to start with, so i went for 16 one kilo bars and then moved on to buying 1oz Britannia's in 32's, ( closest to an kilo i could get ) . I feel liquidity is an important factor, so 1 kilo bars are afordable and the 1oz coins can either be sold in 1's, 25's or 32 at a time depending on what i choose to do. I don't have a big budget and for me 1 kilo umicore bars are the cheapest over spot option i can afford, and for liquidity i went for Britannia's as they sell for a great price individually as well as can be sold in the tubes of 25.
Who has researched the prices of Gold & Silver times & years following any financial Crash.........BEFORE YOU BUY ANYTHING......ya all better do Some Research. k
I've researched the price of both gold and silver in both USD and GBP for every 1,2,3,5,10,15,20,25,30 year period since the end of gold standard there is one clear metal that wins the vast majority of the time
@@Memee833 not specifically no as it's a very limited occurrence in both frequency and duration which is impossible to predict with any accuracy, so it's highly unlikely you will need to buy or sell at those times. The several hundred datasets in my research probably includes that more and is far more representative. Gold will still out perform silver in that scenario as silver gains will be limited by the reduced industrial demand .
@seminumismaticguy8575 agree gold over silver, but still have a look at the % of both after the stock market big falls, whether a short, or over a longer period. k
Coin….smaller and easier to sell on and no CGT on coins
I dont think i could reasonably afford either but I've always preferred the flexibility with constitutional silver as well
Not with that attitude.
5 Kilo Bar all day. I’m surprised anyone chose that 1 kilo. 😅
Here in the UK I would go for the coin. No capital gains tax on coins as there legal tender.
In the US I go with the Bar. Do not like Charles Love the Brits, I 'm married to one 49 years.... No tax in the US either in some states. Joey Biden wants Capital gains on it good luck.
Where do ya usually buy thay big silver? Banks look more secure than stores?
Thanks
I would be interested in more videos like these. Like "Which would you buy? 1 10oz bar or 10 1oz bars or 10 1oz coins?"
Nice video. I've been considering adding one of these kilo coins to my collection.
Depending on why I’m buying it really. For the silver content, the kilo bar. For the silver content and collectible aspect of the investment, Britannia. I have the equipment to melt the bar down if needed and mark them.
I would invest more in silver bullion but the premium and vat is an issue.
I'd love to buy one of them at that price!
Can someone explain this to me. Why I should buy silver with a 20%VAT. Its going to take several years before I make a return?
Or am i looking at this incorrectly?
Nope..
Buy from a low or no tax location…..
If you buy a 1 ounce Britannia, you are losing 63% over spot price.
Because its pretty 😅
@@davidwebb4904 Any ideas where from?
Even if I did, paying import duties might include taxes as well?
I would love to have the Britannia, but the premiums are too high.
We in the Netherlands have a local coins shops they pay you no matter how much u have
Beautiful Big Coins. I would like to see some large gold bars or coins 😅
Dear BYB, I am more into the Kilo coin. I have a tiger one I shown on a recent video. I would be SO HONORED if you went to see it. It is my only Kilo Coin. My other few Kilos are bars. I don't see any reason to go beyond a kilo for an individual with normal range of income. TY for giving us awesome videos.
Interesting conundrum, I have 10oz coins and 10oz bars, all are great designs from the Royal Mint, Great engravers, Queens Beasts and Tudor Beast.
At one point I had a 1kg Queens Beasts Completer that I was pleased to off load for 3 x 10oz coins ++.
However, to sort of answer the question, I think 10oz is quite big enough for a silver product.
I like the kilo coin for their aesthetic look even though the premium is a little higher.
Not a fan of poured bars, other than the three 1oz bars from you, but I did just pick up my first 10oz brit bar, it's nice
Personally I'd rather ha have more Silver. I'd go with the 5 kilo
Loving that kilo Britannia 🙌🙌🙌
10 oz bar is large enough. The kilo coin is more for enjoyment than anything else.
3 Coin rather than 1 bar 1) bar easier to fake harder to test a bar especially one that thick 2) bar has CGT liabilities in uk whereas coin doesnt. 3) less liquid than coin due to readon 1 +2 4) cant divise 1 bar if not all its value is needed when liquidating
Both too big, 5kg bar looks beautiful but way too big and its not that cheap per oz compared to 1kg bars or smaller. Issue i have with the larger coins is they're not really coins they're way too big. Same with 10oz coins, they just look wrong to me . But each to their own. Storage space is an issue for me at moment so I'll go for bars having said that im buying coins recently. Just cant help myself 🥺🤗
The one kilo coin is approximately twice the price of an umicore 1 kilo bar, the 5 kilo bar might have a low premium because of the volume of it, but it isn't cost effective. The 5 kilo bar would be purchased to sell, as nothing is purchased to hold until you die; Having said that you would need someone, ( a rare thing ) with enough cash or willingness to want to buy a 5 kilo bar, to be able to sell it on. This video is running as I am typing so will probably say pretty much the same thing as this video might, ( presumptuous i know , but common sense dictates my buying ) . Personally I thought 1000 ounces would be a good base to start with, so i went for 16 one kilo bars and then moved on to buying 1oz Britannia's in 32's, ( closest to an kilo i could get ) . I feel liquidity is an important factor, so 1 kilo bars are afordable and the 1oz coins can either be sold in 1's, 25's or 32 at a time depending on what i choose to do. I don't have a big budget and for me 1 kilo umicore bars are the cheapest over spot option i can afford, and for liquidity i went for Britannia's as they sell for a great price individually as well as can be sold in the tubes of 25.
I personally like the coin, looks better
Both. I would also add 90% silver including silver $'s. Diversify!
I'd take the big bar. But... it comes with big tax.
Gold makes more sense at that scale.
I'd rather have the brittania.
Neither the Bar is too big and the Coin Milk Spots I'm done with the Kings Silver! Lol Maple Leaf or yank junk!
Why buy Silver bullion????
Sales tax when you buy....
Capital gains tax if you do ever make any money.
Umicore is my fav bars tho.
My heart says Britannia my brain says 5Kg - I’m conflicted 😐
One kilo of that bar is lost to the government…..
833g But your point stands. Rob dogs
You should do a video on a 5 Kilo Gold Bar.....Wowser!!! 🙃
5 Kilo Gold Good luck who could afford one?
5 kilos is enormous
I wouldn’t buy either.
Who has researched the prices of Gold & Silver times & years following any financial Crash.........BEFORE YOU BUY ANYTHING......ya all better do Some Research. k
I've researched the price of both gold and silver in both USD and GBP for every 1,2,3,5,10,15,20,25,30 year period since the end of gold standard there is one clear metal that wins the vast majority of the time
@seminumismaticguy8575 link Research..Thanks
@seminumismaticguy8575 so No Research of the prices right after and for some time ,After Any Financial Crash...........?
@@Memee833 not specifically no as it's a very limited occurrence in both frequency and duration which is impossible to predict with any accuracy, so it's highly unlikely you will need to buy or sell at those times. The several hundred datasets in my research probably includes that more and is far more representative. Gold will still out perform silver in that scenario as silver gains will be limited by the reduced industrial demand .
@seminumismaticguy8575 agree gold over silver, but still have a look at the % of both after the stock market big falls, whether a short, or over a longer period. k
CGT !!!!!!!!!
gold coins are better
Tax😅
Smaller is better. I would never buy anything over a kilo. Mostly buy 10 ounce bars.