Your channel is among the very best bullion channels on TH-cam. It’s not that you just babble about random stuff, you actually love talking about gold and I like how you spread your coins while talking and offering insights, very entertaining. This is good stuff man, and very informative chats. Keep it up! Certainly a fan of your channel.
Your stack is so much more interesting than mine. I won't sell mine unless its an emergency such as a health emergency. My stack is boring. All the same thing mostly. There will be no love lost when it is time for them to go. Except for the sadness derived from what ever the emergency was that forced the sale. My stack stays in the dark. I never look at it nor do I have any emotional attachment to it. When they have to go they will just go. Gold is just a savings vehicle to me. Your stack is more of an art gallery than mine.
This is the way to stack imo - it’s just a store of value that you dip into if necessary. Emotional attachments to investments should be avoided - save that for collecting
If I could only stack 2 coins it would be the Buffalo and the Maple Leaf. The 24k shimmer draws your attention plus the safety features on the Maple are the best out of any coin. Question, have you ever purchased gold rounds like the John Wick gold coin in APMEX or the one that Scottsdale Mint makes? Have you ever considered stacking gold bars?
Of course with a 40-50k sale to an LCS you'll have Form 8300 reporting requirements. May or may not make a difference depending on the circumstances I would imagine. Still something to consider when deciding where to sell and why you are selling. Great display of metal 2 is 1! Happy New Year.
Thanks Vert! In the one case where I sold well over that 10k number it was in support of a large real estate purchase. The “large” part just means a bank was involved, and the form proved to the underwriters where the cash came from. I’ve learned over the years that banks don’t like mysterious cash deposits. Suspicious lot. 😄 Happy New Year!
Once again. Good perspective. Always drawn to different coin designs. But i see where eagles and buffalos come in handy even when diversifying a collection.
The last gold coin I'd sell is my first US Double Eagle. I bought it many years ago from a friend who has since passed away. It's something I can never replace due to the connection to him. The rest would go on the chopping block. Thanks!
Last coin I’d sell would be my Perth mint tiger… love the reverse proof-like finish. If I were only stacking one coin it would be maples. Great perspective 2is1 thanks ✊
I'm all for supporting local coin shops. However, the best place to buy and sell in today's market is within well run private groups. My favorite group has 7k members. Premiums are well balanced, and when it comes time to sell... your premium is recoverable. Going to the LCS and spending $100 over spot on a piece, only to return and sell it back for spot makes no sense in today's era of social networking. (Just wanted to throw that out there.)
Yeah, if you can find a group like that, it's great. If you do want to move $40k or more in metals in a day, though, the local shop is the 800 lb gorilla in the market. Cheers!
@@2is1gold I'll tell ya... in the private groups I'm in. 40k in a day... no problem. I've seen 100k go in hours. I'm finishing up on a 300k group project now. You just have to get in the right group! Really enjoy your vids! Love the presentation!
Very impressed with your content! Love all of your videos especially this one. I was totally fascinated with the concept of selling your coins. Would love to see a video of the process of selling coins to a local coin shop comparing a small sale vs a large sale. Thanks!
That’s something I’ve kicked around, but I’d rather not do it at my local shops. Not sure how to get it done at the moment. Thanks for the suggestion. Cheers!
Good stuff 👍 I'm largely in agreement. I'd attempt to sell the less liquid items first. Personally, though, I'm not very sentimental, and I find beauty in practicality (function over form), so I don't give much regard to numismatically valued items.
Hey, it would be cool if you did a video ranking your favorite coins and why you like them. You're usually pretty logical, so it would be neat to see that other side
Due to my work, I've had to focus on liquidity first. Wether it be land, home or extra, it has to be viewed as something to assist my source of income in a bad situation. With that said, I have stayed with the bulk being consistent US bullion followed by pre33 (for fun nothing slabbed). I've got some maples & a couple Perths but the bulk is US. I recently treated myself to my first buffalo & wow. Could you go into your feelings on 22 vs 24kt US bullion please? Thanks for being another source that looks at things similarly to the way I do.
@@2is1gold Speaking of topics... how about a video for us older folks who need a good plan for coaching our family members about what should be done with the stack when we are gone? I've tried to bring this up to my wife but she just gets upset and then doesn't want to talk about it. I suppose a detailed letter could work and probably should be included in the financial papers section of my estate plan. My son is a very level headed fellow and is also my estate executor, so he would get a copy of this as well. This issue will become more important as more stackers get older, so having some ideas of what should be done with this valuable asset would be good.
@@edb3877 At least she's not threatening to divorce you. My wife saw articles about Glenn Beck and others bilking oldsters by pushing overpriced gold. She forbade me to buy any or "it's over." Hasn't stopped me, but I do need to explain what to do with it and how not to get taken when I go.
@@edb3877 I am in the same situation, Without a level headed son,congrats. " I suppose a detailed letter could work and probably should be included in the financial papers section of my estate plan". I have prepared a detailed reference For the coins as well.It includes a picture of each one with the year and price paid.With current Comps . I plan on taking it all to a shop or two I trust for an appraisal at current Gold spot price for just melt value then current after that the premium difference will be the problem to be negotiated.But I am hoping a fair value can be suggested in writing.The longer I hold the coins the less the total price matters for the older purchases,gold was 1300 at the time for example.Most of my high value coins are GNC Slabbed and it helps to make them a known Value for max return.It is what it is so to speak.I hope this helps.Good Luck.
@@edb3877 . I’m not sure what state you are in so here goes. If you put your metals in the will and declare it then it will be taxed. If you have something you want to leave loved ones then maybe doing it ahead of time with instructions not to sell while you are breathing is in order. Putting them in a banks lock box will get it inventoried and as stated taxed. I hope I have helped.
There is an advantage to some numismatics or low premium historic stuff. Kind of a hidden advantage. You will be more reluctant to sell them so less likely to sell them for any non essential thing. You will therefore keep them and maybe the price will rise eventually. It's too tempting to sell the very liquid stuff that can be easily sold and perhaps bought back layer - but then you don't buy it back and it's gone forever perhaps. So a mix is good IMO. Some liquid, some collectable.
Most cogent explanation of a selling strategy. I'd always first sell bullion gold, including my favourite Britannia. Parting with numismatic gold coins is such sweet sorrow. I collect such coins by date, special years that are significant to me personally, so selling them is hard. But only till I see the cash 💸 😅
Yeah, very sad, Shank...unless you can see a big profit on them. Most of what I have doesn't fall into the 'big profit' category, so it would go without much ceremony. A single tear, maybe. 😄
This is why I always make sure to have a few 5gram/10gram gold bars from Valcambi or Argor Heraus, Perth, etc. It is cheaper to buy with the lowest premium and if I am getting spot anyway, then not all my stack needs to be coins. Those are the ones to go with minimal loss. Monument Metals always have great deals of $24.99 over melt, and I always TRY (if budget lets me) to add one to whatever I am buying. Coins are good to stack because if you do private sales people recognize them and a bar makes private buyers hesitate at the shopping mall parking lot, but that is not the case if I am at a coin dealer because they can test and they are experts on capturing fake ones. So, if I sell to my coin dealer then that is what bars are for. I had to do it once and even got more than what I paid for them, sold $5K in Perth Mint bars and spot price was high enough to even make a $310 profit in only six months. And, I keep my coins to play and look at...
Hey man! Great video as always. I would like to see you make some videos about Krugerrands, it seems like an uncovered coin in your channel. Personally, I own 1/4 oz Krugerrand and it's beautiful!
Yeah, cool coin and very popular. Personally, I have trouble buying them over an Eagle. That's why I don't show them. If I run across the right one at the right time, I'll definitely get it on the channel. Lots of people ask about them. Cheers!
@@2is1gold Thanks for the reply. Another question here as I'm a rookie: So if we are talking about selling coins, you go to the local coin shop, how do they check if your coin is real or fake?
Great video as always. My question is, if your reason is that you need cash fast, why sell at all? Gold is a leverageable physical asset that you can EASILY get a loan against. Rather than selling them, why not take a loan out against them? You can even take them to a pawn shop. Literal CASH on the spot with the option of coming right back for them and using them as collateral a thousand more times if you needed to in the future. No need to replace them if you're not actually selling them. You can literally bring $100k worth of any of these to a reputable pawn broker, get your capital, do what you have to do, and come back and repay your loan, or even pay your loan down over time to get your gold back.
I just don’t know much about pawn shop collateral loans, but I can get a line of credit or HELOC too. In the past when I’ve sold, it was to increase the down payment percentage to get better terms. I wouldn’t sell if I could more easily or more equitably open a line. Cheers!
Interested to hear your thoughts on European fractional gold. I've been considering consolidation my fractionals...rooster, other francs, schillings, etc. to more mainstream alternatives. I know I should be able to get spot at a minimum, but wondering if AGEs or Buffalo's would be a better option? Certainly they'd be more liquid. I do like the idea of fractional gold, but not at today's premium of gold eagles. Also, what are your thoughts on selling to big dealers like apmex. They definitely appreciate the numismatic value of some coins. Lastly, what are your thoughts on graded gold coins..eg Burnished from W mint AGEs?
I've had some trouble selling Roosters and other old European gold in down cycles, so I stay away from it now. I like the coins - I just don't want to worry about liquidity. AGEs and Buffalos are always my top choice. As for proofs and West Point specials like the burnished, I don't see the value. I see the asking prices, but I don't want to tie up capital in something that may or may not do well and then only if I'm able to find the right buyer. My local shops wouldn't pay more for the burnished Eagle, even though it's a gorgeous coin. Cheers!
On your healthy education/advice, and being a family man,purchased five 1 ounce Britannias today, in case I have to unfortunately sell, but the plan is to keep. I’m just doing Maples, Philharmonics, Britannias. Someday I’ll get to the beautiful American coins🙏
Great video. Unfortunately, I’m not in a position to buy one-ounce coins, so my gold stack predominately comprises 1/10- and 1/4-ounce pieces. Given I’m a massive Perth Mint fan, and compounded by the fact I find AGEs v. dull, my stack is full of coins with different designs. As I’m currently trying to buy a house, of late, I’ve thought a little about how I’d sell through my gold for unexpected house-related stuff. I was surprised but, as you say, that attachment thing is a real issue! I’ve come to learn that I’d actually struggle to get rid of the majority of my coins. Consequently, I’ve concluded that I need some dull gold in the stack that I actually don’t like…. The last coins I’d get out from under are my gold Kookaburras!
Superb content Sir. I have a similarly diverse stack with Pre 33 in place of your Perth pieces. I agree with the sales plan for sure! Preesh the time and video!
Years back i sold a tube of 1 oz. eagles a couple at a time to upgrade a home I had purchased. Every sell I did it hurt a little bit inside. I chose to sell the gold at the time as opposed to using some savings. Looking back on that now I would most likely would have used a bit of the savings Oh Well.... Great Vid. as always!
Hello! Great videos! I am in the US and am in the process of selecting a foundation coin to stack, with the objectives of highest liquidity and the highest sale price (if I need to sell). You and others have said American Eagles are the most liquid. Two of your comments are as follows: “Eagles are the closest thing to money in the gold market here. They represent the majority of my stack and have always operated at a level above anything else. My variety is fun and in certain cases might add a layer of profit, but they will always be more difficult to move in and out of. Buffalos may be similar to Eagles, but I have yet to prove that. I think you're smart where you are. Cheers!” . . . “I'd follow my actual strategy. Buffalos and Eagles. Once I got to a certain point, I'd probably start back in on some fun stuff. So, I guess that's a yes. I get a bit more variety than I should to keep things interesting on the channel. Outside of that, I'd do it all the same. Cheers!” Even though I’m in the US, I am wondering if it would be better strategically to stack Buffalos because American Gold Eagles, which are 22k coins, are subject to harmonized sales tax (HST) when sold by a dealer in Canada so I feel like dealers would rather buy and sell Buffalos. In Canada, precious metals bullion with a minimum purity of 99.50% for gold and platinum and 99.9% for silver are exempt from GST/HST. However, coins under 24k, like American Gold Eagles, are subject to HST. Your thoughts? In some sense, Eagles should be worth more because you get the same amount of gold as the Buffalo, plus you get additional silver and copper with Eagles that you don’t with Buffalos. It’s kind of a weird game.
Gah! I would LOVE to have those Perth Myth's and Legends. Makes me feel a little reluctant at over $3k per coin, though...still, they are soooo pretty. My favorite "stackable" low premium are the Britannias and Maples (in that order). I can't believe they are so low premium compared to AGEs and Buffalos. They are a far better minted coin from a technical stand point, I think. The Liberty coins are super beautiful and I keep looking at them (especially the high relief) but keep throwing up when I see the secondary market prices...if you can even find them.
Your logic is very sound I've enjoyed your U tube shows a nd must say you've gotten me buying again .I totally agree with you on the. High relief eagle, I knew I should have brought it from the mint, same thing on the Mustang. Thank You for your clarity it helps.
Good video. This is something i don't think i have seen on ANY other channel (if i have then not many), they usually just pump things and very seldom if ever talk about selling things. Neither the consequences or the reality of what/why you would sell something if you have to or even if it's an appropriate time to move/shuffle assets. BTW i am all about the Eagles, both Gold and Silver. Most others don't really matter to me and/or i am not interested except for the occasional Maple Leaf.
Eagles are the closest thing to money in the gold market here. They represent the majority of my stack and have always operated at a level above anything else. My variety is fun and in certain cases might add a layer of profit, but they will always be more difficult to move in and out of. Buffalos may be similar to Eagles, but I have yet to prove that. I think you're smart where you are. Cheers!
It's a matter of timing. If I have a window for profit, I'd sell the fancy stuff. If it wasn't going to net me more than a Buffalo, no question, I'd sell the cheapest one to replace. Cheers!
Great video as always! Wow, that’s a hard decision only having to choose one me coin to keep. I’d definitely leave my High Relief serious last as you did. I think it’s a toss up with the 2021 or the 2009.
The Mustang's reverse Eagle isn't good. And they all seem to have minting issues. The obverse art alone, though, is great. Maybe the best in my opinion. Cheers!
I like the perth mint stuff low mintage is my main concern. I prefer rare high premium Silver and gold. It will fetch even higher premiums on eBay never sell to a coin shop unless u want spot
Isn't it amazing how value-dense gold is? And beautiful too! It's very easy to convert gold to cash, especially the well-known ones like the Eagles, Buffalos, and Maples.
@@2is1gold I hear ya - I get nervous every time I bring all of my stuff together for inventory. I feel much better when they are separated again 😂 and we have the same "last coin" - the 2009 Ultra High Relief Double Eagle. Beautiful classic design. Plus, I don't think I will be able to afford the original thing 🤣 5 digit gold is out of the question for me.
Selling duplicate items is easier. Buying duplicates allows one the chance to do that later. With collectable or semi numismatics, selling the lower quality grade one is less of a wrench.
Great video, I know this was a hypothetical scenario regarding just the gold, but wondering at what point the small silver holdings you are starting to build on would go in that line up? As for me and this being my first year of stacking gold, a major emergency would probably mean selling off everything I had. But my last to go would be my one $5 Indian half eagle, that was a bucket list coin from childhood and it will stay with me when I’m living in a cardboard box 😉
Since I only have Buffalos and Eagles, and a few Maples. The Maples would sell first for sure. After watching your video I appreciate that you have more option to consider when selling your stack. Nice work.
Insightful & Useful thought Experiment - Thanks for Sharing! Generally, I don’t purchase a Coin, unless I’d be willing to buy 10 of Them Therefore, I don’t have any “onesies & twosies” floating around in My Gold Stack - I have Tubes of almost every Gold coin I own, the exception being some rare Libertads,… but even then - I buy usually 4 of each. Uniformity & concentration, of only the most liquid or highly desirable coins, makes up my entire Gold stack & the vast majority of My Platinum Stack. My Silver stack is highly uniform & concentrated, but lacks the liquidity, of say ASEs. ~AGM
That's a great plan, and one I've wandered off of lately. With the exception of series coins, I do try to only buy what I want "a few" of. Ten is a good number, though. Cheers!
As much as I hate to go through these scenarios, I have...…but hopefully it never comes to it. I am not sure what I would sell last, but if I could only stack 1 or 2 coins, it is going to be Buffalos and Eagles. Great topic, thanks!
My daughters brought this subject up with me this last year, sadly while I had the "C-19". When I joked with them saying that I had not taken the time to have a will written. That it would be like a treasure hunt and who ever found the bags, would be able to keep them. They didn't seem to find it as funny as I did. I would have to keep my slabbed silver libertads, 1 oz Au libertads and my Roosters.
this was a interesting vid. though i'd sell in the same order. that double eagle would be the hardest to part with or maybe the tiger. i like that frosted look.
Oh, my God, look at that. Looks like heaven on a table. Having said that, if I was fortunate enough to have that many yellow tempresses on my desk, I guess I'd sell whatever had high sellability value. The fractional gold would probably go first.
Such a great video, thank you. I don’t have the ultra high reliefs to get attached to, but I’ve got several 2021 gold coins for the year my daughter was born, those or my Saint Gaudens double eagle coins would be last to go for me. Purely emotional reasoning, but hey. Love your channel.
Do you keep receipt of all purchases to prove gains/losses? How does this get handled if you paid cash for a coin private party when it comes to record of a gain/loss? Thanks, you have the best channel on TH-cam hands down.
In a cash purchase, you probably won’t have a receipt. Same goes for a cash sale. Since there would be no reported event, it would be a question of what you decide to declare at the end of the year. If the sale _is_ reported, a receipt would only be required in an audit. In the case where you have a 1099-b form submitted, though, it’s more likely you’ll have to prove your cost basis. I’ve had accountants try to tell me that if you can’t prove a cost basis, the basis is zero, but I don’t know what the actual situation would be. Lately I’m buying a lot more online - that helps with the accounting. Cheers!
@@2is1gold Great answer. Private party has been increasingly intriguing but just doesn't seem to be worth it to me personally even at a cheaper premium if I can't prove my basis. I'm only buying if I can get a receipt as having say 110k in gold sales regardless if it's reported or not wouldn't look good hitting your bank account if you can't prove what you paid for it originally. I understand that some like the off the books aspect of gold but I guess what do you do with it when it at one point gets converted to cash but for me that seems like a horrible idea. Thanks for the response I appreciate it! Keep it up!
Nice video thanks again. For my self I think I dump my silver first and then the gold. But I do not care which goes first from the gold coins 😂😂. Take care and a happy new year amigo 👍🏻
I like to keep my "collectibles" as long term....... The rest are the "grunts of the stack" if you will. Last to go would be the 24kt half ounce walkers. Those are the darlings of the stack.
For me personally, I would have put your dragon series right behind the swan and tiger. I was actually hoping you were willing to sell some of those high relief Is American commemorative coins. They are truly stunning! Great video!
This was a good, thought provoking mental exercise. I think I’d start with smaller fractions and coins from afar, and slowly work toward finishing with Eagles, then finally Buffaloes. Great video!
I inherited two 2006. One ounce Gold Baffalos from my Dad, which got me started in the first place. There would need to be a pretty dire situation for me to sell them. These are the only two coin that I own that have sentimental value. Thank God. I'd like. To pass them down to my two children. Mike Nurnberg
As someone whose going to start now at age 26. I’m going to buy 1 ducat restrikes and maybe some napoleons here and there or some coins I can get deals on. It mostly boils down to the fact that I love history and they’re not pure gold so I can handle them a bit more. As for silver I’m mostly going to buy maltas but also going to get britannias and maple leafs. My goal is to get 1 once of silver a week and a Austrian gold piece once a month.
Nice stack... wowza.😏 The last coin to go would be my type 1 2021 1/4 Eagle... If I could only stack one coin, man, that is a tuffy. I guess it would be Eagles or Krugs... 🤔 Tuff choice.
I agree with your train of thought with your stack. As far as throwing in some fractional eagles with the pert mint coins to “sweeten the pot” I feel that strategy may or may not pan out. I’ve tried something similar before and it didn’t work for me. Plainly someone will buy what they want and that’s it. I’ve passed many times on a pile of :)&: with a diamond on top😄
I’m sure you’re right with private buyers, but I used fractional Eagles in the past to get my 20 francs Roosters sold to the local coin shops. That was a more extreme case. The shops had declined to buy the Roosters altogether. This would just be a bit of a mood boost to help the price. If they still passed, I’d take it all to the next shop. Cheers!
I have whole set of queens beasts 1/4 oz coins, which includes 10 coins, and 6 1oz queens beasts coins. And I plan to collect the whole set of Perth Mint series 3 Lunar Year 1oz coins. My number 1 favorite coin is Perth Mint coin, Number 2 favorite coin is UK Royal Mint coin.
I feel like it needs saying, I'm far more likely to sell all of my cryptos, stocks, and possessions in my home that are of any value before I sell off my gold stack(or even my silver stack). Maybe that's me, but I'm of the mind that my PM is going to be my LAST line of defense in the event of a financial emergency. Moreover, I can't think of a single reason why i would possibly need that kinda money in a rushed timeframe. As always, thank you for another wonderful video and showing us more beautiful gold, your commentary is always worth it's weight in it! Would you ever trade in your fractionals for a full oz? I've thought about doing it with my stack. To be honest, it's good to have those fractionals but in your situation with about 60 oz of gold i kinda doubt that is a factor for you, so I ask your opinion on us, the lower stackers.
Interesting you bring up swapping fractional for 1 oz coins. I did it for years. My local coin shop would give me an even swap, so I would trade two or three toward my next purchase and step them up to a 1 oz. Or, I'd just take in 8 or 12 or whatever and trade them up. That was in the days of much lower premium on 1/4 oz Eagles. I was giving up $20 on every coin I swapped up because of the higher premium. A lot of people called that a questionable choice, but I wasn't stacking fractional - I was always working to fill 1 oz tubes. I haven't done it since early 2020. I can't justify the lost premium right now. I still like the idea, though. It lent to my consistency. Cheers!
Your thoughts on the Maples and the Brits are my same thoughts on all gold, and silver for that matter. I purchase sovereign minted coins and what ever has the lowest premium when I am ready to purchase. I stay away from the high premium coins, gold or silver. To me, it s about the 1 oz of gold or silver. I do have some generic rounds, 1 oz, and bars, 1& 10 oz, for the sole purpose of selling if the price of silver takes off because I have a low cost average for those items, sub $20 cost average.
@@2is1gold I agree, the premiums are way to high, that is for sure. Last ASEs I purchased were in 2-2020, and paid $20.60 each. First ASEs i ever purchased were in 2001, and they were $7.58 each. I am focusing more on 10 oz silver bars, at least 1 a month. Great videos!
Ultra high reliefs and lunar series would be the last to go. Stack AGE’s and Buffs as they always hold value in the US and in a crunch you might get over spot easier. As for the very very last coin how would it come down to that… I once heard from somewhere 2 is 1 and 1 is none :)
Nice stack brotha, I’d follow similar selling strategies as you as well except my last to sell would be my 2020 Reverse proof Libertads lol, it’d take an act of god to get me to part with them-hopefully I never have to🙏 blessings brotha🤘🏼 Happy New Year-2002 will be epic
Selling strategy is something I think stackers don't think about starting off. I didn't and made some poor choices buying 8 gold sovereigns from the Indian mint. Nice coins but not sure of resale market. Since then all 1 ounce government mint coins. I always said I would not but any Australian coins, but recently my bullion dealer had 3 2016 kangaroos in absolute mint condition, I broke my rule and bought them based on a heart and not a head decision. Also starting out I bought a lot of random years site unseen kruggerands, most being 1970s and 1980s all with some very minor scratches (one with an ugly proof test scratxh mark - upsetting). Since then I only buy recent mint uncirculated coins. First to go sovereigns, next random year kruggerands with most scratches to least, then reluctantly onto my perfect mint condition uncirculated coins based on what is easiest to sell. I'm surprised to say it that I think I would hold on to the 3 nr 2016 kangaroos (won't buy any more kangaroos- Not my part of the planet)
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Never gets old looking at the gold stack! This is a great video idea
Thanks!
Your channel is among the very best bullion channels on TH-cam. It’s not that you just babble about random stuff, you actually love talking about gold and I like how you spread your coins while talking and offering insights, very entertaining. This is good stuff man, and very informative chats. Keep it up! Certainly a fan of your channel.
Thank you! I appreciate that!
Your stack is so much more interesting than mine. I won't sell mine unless its an emergency such as a health emergency. My stack is boring. All the same thing mostly. There will be no love lost when it is time for them to go. Except for the sadness derived from what ever the emergency was that forced the sale. My stack stays in the dark. I never look at it nor do I have any emotional attachment to it. When they have to go they will just go. Gold is just a savings vehicle to me. Your stack is more of an art gallery than mine.
Up until two years ago, I had a few Lunars, but other than that is was all Eagles.
@@2is1gold In the US Eagles are the same as money. Perfect liquidity. Good in Panama also.
This is the way to stack imo - it’s just a store of value that you dip into if necessary. Emotional attachments to investments should be avoided - save that for collecting
If I could only stack 2 coins it would be the Buffalo and the Maple Leaf. The 24k shimmer draws your attention plus the safety features on the Maple are the best out of any coin. Question, have you ever purchased gold rounds like the John Wick gold coin in APMEX or the one that Scottsdale Mint makes? Have you ever considered stacking gold bars?
I like your Buffalo and CML choices. I'm considering bars but not gold rounds. Cheers!
Of course with a 40-50k sale to an LCS you'll have Form 8300 reporting requirements. May or may not make a difference depending on the circumstances I would imagine. Still something to consider when deciding where to sell and why you are selling. Great display of metal 2 is 1! Happy New Year.
Thanks Vert! In the one case where I sold well over that 10k number it was in support of a large real estate purchase. The “large” part just means a bank was involved, and the form proved to the underwriters where the cash came from. I’ve learned over the years that banks don’t like mysterious cash deposits. Suspicious lot. 😄 Happy New Year!
BAM! Nice gold coin collection. I’ll probably add variety this year. Buffs and eagles are getting boring.
Weird how that happens innit?
Once again. Good perspective. Always drawn to different coin designs. But i see where eagles and buffalos come in handy even when diversifying a collection.
The last gold coin I'd sell is my first US Double Eagle. I bought it many years ago from a friend who has since passed away. It's something I can never replace due to the connection to him. The rest would go on the chopping block. Thanks!
I understand completely. Cheers!
No one else has done this, THANK YOU.
🤜🤛
Last coin I’d sell would be my Perth mint tiger… love the reverse proof-like finish. If I were only stacking one coin it would be maples. Great perspective 2is1 thanks ✊
Maples don’t get enough love around here. Great all around coin!
I'm all for supporting local coin shops. However, the best place to buy and sell in today's market is within well run private groups. My favorite group has 7k members. Premiums are well balanced, and when it comes time to sell... your premium is recoverable. Going to the LCS and spending $100 over spot on a piece, only to return and sell it back for spot makes no sense in today's era of social networking. (Just wanted to throw that out there.)
Yeah, if you can find a group like that, it's great. If you do want to move $40k or more in metals in a day, though, the local shop is the 800 lb gorilla in the market. Cheers!
@@2is1gold I'll tell ya... in the private groups I'm in. 40k in a day... no problem. I've seen 100k go in hours. I'm finishing up on a 300k group project now. You just have to get in the right group!
Really enjoy your vids! Love the presentation!
Very impressed with your content! Love all of your videos especially this one. I was totally fascinated with the concept of selling your coins. Would love to see a video of the process of selling coins to a local coin shop comparing a small sale vs a large sale. Thanks!
That’s something I’ve kicked around, but I’d rather not do it at my local shops. Not sure how to get it done at the moment. Thanks for the suggestion. Cheers!
😊¹111😊😊
great video really enjoyed it thanks for sharing
Yeah, thanks for watching!
Awesome video 2is1!
I've been watching you for a while now. Love your insights, coin layouts, and subjects to talk about.
Good stuff 👍
I'm largely in agreement. I'd attempt to sell the less liquid items first. Personally, though, I'm not very sentimental, and I find beauty in practicality (function over form), so I don't give much regard to numismatically valued items.
It takes a lot for me to buy and sell anything with value beyond the gold content, so I guard them a bit. Cheers!
Tv
This video was a great "Think Piece". I really enjoyed it.
That’s great - thanks!
Hey, it would be cool if you did a video ranking your favorite coins and why you like them. You're usually pretty logical, so it would be neat to see that other side
What a gorgeous layout and video. You do some really nice work.
Serious stacker envy here, but certainly no harsh feelings!
Hey, thanks!
Due to my work, I've had to focus on liquidity first. Wether it be land, home or extra, it has to be viewed as something to assist my source of income in a bad situation. With that said, I have stayed with the bulk being consistent US bullion followed by pre33 (for fun nothing slabbed). I've got some maples & a couple Perths but the bulk is US. I recently treated myself to my first buffalo & wow. Could you go into your feelings on 22 vs 24kt US bullion please? Thanks for being another source that looks at things similarly to the way I do.
The 22k vs 24k conversation is one I need to revisit. That's a great topic. Thanks!
@@2is1gold Speaking of topics... how about a video for us older folks who need a good plan for coaching our family members about what should be done with the stack when we are gone? I've tried to bring this up to my wife but she just gets upset and then doesn't want to
talk about it. I suppose a detailed letter could work and probably should be included in the financial papers section of my estate plan.
My son is a very level headed fellow and is also my estate executor, so he would get a copy of this as well. This issue will become
more important as more stackers get older, so having some ideas of what should be done with this valuable asset would be good.
@@edb3877 At least she's not threatening to divorce you. My wife saw articles about Glenn Beck and others bilking oldsters by pushing overpriced gold. She forbade me to buy any or "it's over." Hasn't stopped me, but I do need to explain what to do with it and how not to get taken when I go.
@@edb3877 I am in the same situation, Without a level headed son,congrats.
" I suppose a detailed letter could work and probably should be included in the financial papers section of my estate plan".
I have prepared a detailed reference For the coins as well.It includes a picture of each one with the year and price paid.With current Comps .
I plan on taking it all to a shop or two I trust for an appraisal at current Gold spot price for just melt value then current after that the premium difference will be the problem to be negotiated.But I am hoping a fair value can be suggested in writing.The longer I hold the coins the less the total price matters for the older purchases,gold was 1300 at the time for example.Most of my high value coins are GNC Slabbed and it helps to make them a known Value for max return.It is what it is so to speak.I hope this helps.Good Luck.
@@edb3877 . I’m not sure what state you are in so here goes. If you put your metals in the will and declare it then it will be taxed. If you have something you want to leave loved ones then maybe doing it ahead of time with instructions not to sell while you are breathing is in order. Putting them in a banks lock box will get it inventoried and as stated taxed. I hope I have helped.
There is an advantage to some numismatics or low premium historic stuff. Kind of a hidden advantage. You will be more reluctant to sell them so less likely to sell them for any non essential thing. You will therefore keep them and maybe the price will rise eventually. It's too tempting to sell the very liquid stuff that can be easily sold and perhaps bought back layer - but then you don't buy it back and it's gone forever perhaps. So a mix is good IMO. Some liquid, some collectable.
Most cogent explanation of a selling strategy.
I'd always first sell bullion gold, including my favourite Britannia.
Parting with numismatic gold coins is such sweet sorrow.
I collect such coins by date, special years that are significant to me personally, so selling them is hard. But only till I see the cash 💸 😅
Yeah, very sad, Shank...unless you can see a big profit on them. Most of what I have doesn't fall into the 'big profit' category, so it would go without much ceremony. A single tear, maybe. 😄
This is why I always make sure to have a few 5gram/10gram gold bars from Valcambi or Argor Heraus, Perth, etc. It is cheaper to buy with the lowest premium and if I am getting spot anyway, then not all my stack needs to be coins. Those are the ones to go with minimal loss. Monument Metals always have great deals of $24.99 over melt, and I always TRY (if budget lets me) to add one to whatever I am buying. Coins are good to stack because if you do private sales people recognize them and a bar makes private buyers hesitate at the shopping mall parking lot, but that is not the case if I am at a coin dealer because they can test and they are experts on capturing fake ones. So, if I sell to my coin dealer then that is what bars are for.
I had to do it once and even got more than what I paid for them, sold $5K in Perth Mint bars and spot price was high enough to even make a $310 profit in only six months. And, I keep my coins to play and look at...
Hey man! Great video as always. I would like to see you make some videos about Krugerrands, it seems like an uncovered coin in your channel. Personally, I own 1/4 oz Krugerrand and it's beautiful!
Yeah, cool coin and very popular. Personally, I have trouble buying them over an Eagle. That's why I don't show them. If I run across the right one at the right time, I'll definitely get it on the channel. Lots of people ask about them. Cheers!
@@2is1gold Thanks for the reply. Another question here as I'm a rookie: So if we are talking about selling coins, you go to the local coin shop, how do they check if your coin is real or fake?
@@airbornecoffee I've never seen a LCS owner do more than a visual check on my coins.
Great video as always. My question is, if your reason is that you need cash fast, why sell at all? Gold is a leverageable physical asset that you can EASILY get a loan against. Rather than selling them, why not take a loan out against them? You can even take them to a pawn shop. Literal CASH on the spot with the option of coming right back for them and using them as collateral a thousand more times if you needed to in the future. No need to replace them if you're not actually selling them. You can literally bring $100k worth of any of these to a reputable pawn broker, get your capital, do what you have to do, and come back and repay your loan, or even pay your loan down over time to get your gold back.
I just don’t know much about pawn shop collateral loans, but I can get a line of credit or HELOC too. In the past when I’ve sold, it was to increase the down payment percentage to get better terms. I wouldn’t sell if I could more easily or more equitably open a line. Cheers!
Agree 100% with every decision you made.
🤜🤛
Those high relief St. Gaudens are beautiful, I wish I bought more of those when they first came out.
Me too!
Interested to hear your thoughts on European fractional gold. I've been considering consolidation my fractionals...rooster, other francs, schillings, etc. to more mainstream alternatives. I know I should be able to get spot at a minimum, but wondering if AGEs or Buffalo's would be a better option? Certainly they'd be more liquid. I do like the idea of fractional gold, but not at today's premium of gold eagles.
Also, what are your thoughts on selling to big dealers like apmex. They definitely appreciate the numismatic value of some coins.
Lastly, what are your thoughts on graded gold coins..eg Burnished from W mint AGEs?
I've had some trouble selling Roosters and other old European gold in down cycles, so I stay away from it now. I like the coins - I just don't want to worry about liquidity. AGEs and Buffalos are always my top choice. As for proofs and West Point specials like the burnished, I don't see the value. I see the asking prices, but I don't want to tie up capital in something that may or may not do well and then only if I'm able to find the right buyer. My local shops wouldn't pay more for the burnished Eagle, even though it's a gorgeous coin. Cheers!
Great quote at the end. Never thought of it that way.
Seneca's writings are phenomenal. 2000 years old and it's still relevant. Cheers!
Thank you for the information.
Thanks for watching!
On your healthy education/advice, and being a family man,purchased five 1 ounce Britannias today, in case I have to unfortunately sell, but the plan is to keep. I’m just doing Maples, Philharmonics, Britannias. Someday I’ll get to the beautiful American coins🙏
Nice!
Great video !
Beautiful stack 🪙🪙🪙👍
Thanks!
Interesting choices, do you have any pre 33?
Only a few.
Great video. Unfortunately, I’m not in a position to buy one-ounce coins, so my gold stack predominately comprises 1/10- and 1/4-ounce pieces. Given I’m a massive Perth Mint fan, and compounded by the fact I find AGEs v. dull, my stack is full of coins with different designs. As I’m currently trying to buy a house, of late, I’ve thought a little about how I’d sell through my gold for unexpected house-related stuff. I was surprised but, as you say, that attachment thing is a real issue! I’ve come to learn that I’d actually struggle to get rid of the majority of my coins. Consequently, I’ve concluded that I need some dull gold in the stack that I actually don’t like….
The last coins I’d get out from under are my gold Kookaburras!
Ha! Eagles fill that spot for me. I think of them as money - no real attachment. Good luck with the house!
@@2is1gold, for real! Saving is boring, so boring AGEs it shall be!
Superb content Sir. I have a similarly diverse stack with Pre 33 in place of your Perth pieces. I agree with the sales plan for sure! Preesh the time and video!
Hey, thanks!
Years back i sold a tube of 1 oz. eagles a couple at a time to upgrade a home I had purchased. Every sell I did it hurt a little bit inside. I chose to sell the gold at the time as opposed to using some savings. Looking back on that now I would most likely would have used a bit of the savings Oh Well.... Great Vid. as always!
It was good you had it available. I'm not afraid to use it if it will make life easier. Cheers!
The only thing I can imagine anybody exchanging their beautiful Au for is something of greater value which I have never seen yet.
Land seems to be the popular safe answer. 😄
Hello! Great videos! I am in the US and am in the process of selecting a foundation coin to stack, with the objectives of highest liquidity and the highest sale price (if I need to sell).
You and others have said American Eagles are the most liquid. Two of your comments are as follows: “Eagles are the closest thing to money in the gold market here. They represent the majority of my stack and have always operated at a level above anything else. My variety is fun and in certain cases might add a layer of profit, but they will always be more difficult to move in and out of. Buffalos may be similar to Eagles, but I have yet to prove that. I think you're smart where you are. Cheers!” . . . “I'd follow my actual strategy. Buffalos and Eagles. Once I got to a certain point, I'd probably start back in on some fun stuff. So, I guess that's a yes. I get a bit more variety than I should to keep things interesting on the channel. Outside of that, I'd do it all the same. Cheers!”
Even though I’m in the US, I am wondering if it would be better strategically to stack Buffalos because American Gold Eagles, which are 22k coins, are subject to harmonized sales tax (HST) when sold by a dealer in Canada so I feel like dealers would rather buy and sell Buffalos. In Canada, precious metals bullion with a minimum purity of 99.50% for gold and platinum and 99.9% for silver are exempt from GST/HST. However, coins under 24k, like American Gold Eagles, are subject to HST. Your thoughts?
In some sense, Eagles should be worth more because you get the same amount of gold as the Buffalo, plus you get additional silver and copper with Eagles that you don’t with Buffalos. It’s kind of a weird game.
Gah! I would LOVE to have those Perth Myth's and Legends. Makes me feel a little reluctant at over $3k per coin, though...still, they are soooo pretty. My favorite "stackable" low premium are the Britannias and Maples (in that order). I can't believe they are so low premium compared to AGEs and Buffalos. They are a far better minted coin from a technical stand point, I think. The Liberty coins are super beautiful and I keep looking at them (especially the high relief) but keep throwing up when I see the secondary market prices...if you can even find them.
Maples and Britannias are gorgeous coins. If it was only about looks, I'd buy Maples all day. Cheers!
Your logic is very sound I've enjoyed your U tube shows a nd must say you've gotten me buying again .I totally agree with you on the. High relief eagle, I knew I should have brought it from the mint, same thing on the Mustang. Thank You for your clarity it helps.
Thanks for watching! Cheers!
Bingo on the 09 UHR as the gold coin of last resort to sell! :)
I think you said something similar recently. It’s a compelling coin!
Have you ever thought about getting into Libertads? Curious your thoughts on the liquidity and mix between bullion and numismatic
I absolutely have. They're so expensive, though!
Looking at all the gold hurts soo good !
Would rather have 10x1 oz raw American eagle or 100x1-10th PF/MS70 American eagle ? Thanks
I like 1 oz personally. Lower premium.
Good video. This is something i don't think i have seen on ANY other channel (if i have then not many), they usually just pump things and very seldom if ever talk about selling things. Neither the consequences or the reality of what/why you would sell something if you have to or even if it's an appropriate time to move/shuffle assets.
BTW i am all about the Eagles, both Gold and Silver. Most others don't really matter to me and/or i am not interested except for the occasional Maple Leaf.
Eagles are the closest thing to money in the gold market here. They represent the majority of my stack and have always operated at a level above anything else. My variety is fun and in certain cases might add a layer of profit, but they will always be more difficult to move in and out of. Buffalos may be similar to Eagles, but I have yet to prove that. I think you're smart where you are. Cheers!
I'm surprised you don't sell the Buffaloes earlier. And the Eagles. Maybe leaving the nicest one to keep. The fractional stuff is nice for barter.
It's a matter of timing. If I have a window for profit, I'd sell the fancy stuff. If it wasn't going to net me more than a Buffalo, no question, I'd sell the cheapest one to replace. Cheers!
This is why I have bars with ultra low premium and no attachment to them. They go first, then the coins. Just picked up my second UHR double eagle!
Congrats on the UHR #2. I'll grab another at some point too. It's that good. Cheers!
Great video as always! Wow, that’s a hard decision only having to choose one me coin to keep. I’d definitely leave my High Relief serious last as you did. I think it’s a toss up with the 2021 or the 2009.
The Mustang's reverse Eagle isn't good. And they all seem to have minting issues. The obverse art alone, though, is great. Maybe the best in my opinion. Cheers!
Yes, I’ve noticed that as well but they are wonderful coins.
I like the perth mint stuff low mintage is my main concern. I prefer rare high premium Silver and gold. It will fetch even higher premiums on eBay never sell to a coin shop unless u want spot
Easer for me owning only eagles, buffalos and maples. Maple’s go first, eagles next. Have a Happy New Year!
That's good discipline. Happy New Year to you!
This was fantastic
Isn't it amazing how value-dense gold is? And beautiful too! It's very easy to convert gold to cash, especially the well-known ones like the Eagles, Buffalos, and Maples.
Absolutely. Being able to throw 100k on the desk so easily is pretty wild. I'm about to split it up again. Cheers!
@@2is1gold I hear ya - I get nervous every time I bring all of my stuff together for inventory. I feel much better when they are separated again 😂 and we have the same "last coin" - the 2009 Ultra High Relief Double Eagle. Beautiful classic design. Plus, I don't think I will be able to afford the original thing 🤣 5 digit gold is out of the question for me.
@@silvergoldsaver779 I'm with you. 3k gold scares me! 😄
That’s an impressive stack of metal!
In YOUR stack, the last, final boss for me would be the 2017 Liberty girl. Possibly the most beautiful gold coin I have ever seen.
The quality of that particular coin beats all the rest. Cheers!
How do you feel about the new Spanish Mints introduction to bullion coins? The lynx gold bullion coin?
It looks really nice, and it's great to see a new entrant. I wouldn't like the 37mm diameter if I wanted to buy one, though. Cheers!
@@2is1gold It is a big coin. It is easily becoming my new favorite! 😁😁
Selling duplicate items is easier. Buying duplicates allows one the chance to do that later. With collectable or semi numismatics, selling the lower quality grade one is less of a wrench.
Yeah. The lesser quality one goes first in all cases. 🤜🤛
Great video, I know this was a hypothetical scenario regarding just the gold, but wondering at what point the small silver holdings you are starting to build on would go in that line up?
As for me and this being my first year of stacking gold, a major emergency would probably mean selling off everything I had. But my last to go would be my one $5 Indian half eagle, that was a bucket list coin from childhood and it will stay with me when I’m living in a cardboard box 😉
Ha, I understand. I have two, and I didn’t even put them on the desk. As for the silver, I have about 50 oz. It wouldn’t go very far. Cheers!
9:52 and 9:58 Aarrgggh! Those MS 69 coins are going MS68, MS67, MS66 there! Same price spot so who cares. Lovely sound! Clink klink!🤣😊👍
Ha! Eagles get no soft handling from me. I've yet to put a noticeable mark on one, and I handle them all the time. Score 1 for Team 22k. 😄
Awesome vid. Last would be the US Mint Liberty set, followed by the Lunar collection. All else is liquid if need be. For me. ✌
It wasn't so long ago that I didn't have to worry about choices. It was all the same for me. 😄
Since I only have Buffalos and Eagles, and a few Maples. The Maples would sell first for sure. After watching your video I appreciate that you have more option to consider when selling your stack. Nice work.
Thanks! Buffalos, Eagles and a few Maples would be my first purchases again if I started over. Cheers!
Insightful & Useful thought Experiment - Thanks for Sharing!
Generally, I don’t purchase a Coin, unless I’d be willing to buy 10 of Them
Therefore, I don’t have any “onesies & twosies” floating around in My Gold Stack - I have Tubes of almost every Gold coin I own, the exception being some rare Libertads,… but even then - I buy usually 4 of each.
Uniformity & concentration, of only the most liquid or highly desirable coins, makes up my entire Gold stack & the vast majority of My Platinum Stack. My Silver stack is highly uniform & concentrated, but lacks the liquidity, of say ASEs.
~AGM
That's a great plan, and one I've wandered off of lately. With the exception of series coins, I do try to only buy what I want "a few" of. Ten is a good number, though. Cheers!
As much as I hate to go through these scenarios, I have...…but hopefully it never comes to it. I am not sure what I would sell last, but if I could only stack 1 or 2 coins, it is going to be Buffalos and Eagles. Great topic, thanks!
Buffalos and Eagles for the win!
I'm still surprised you don't have a St.Gaudens in that pile..... hope you had a good Christmas and Happy New Year! 🥂🥈🥇
I have a couple $5 half Eagles. That’s all the pre-33 I have. Cheers!
@@2is1gold All those buffalo's and No pre 33 Indians either?🍻
My half Eagles are Indian Heads. They're some of my faves.
My daughters brought this subject up with me this last year, sadly while I had the "C-19". When I joked with them saying that I had not taken the time to have a will written. That it would be like a treasure hunt and who ever found the bags, would be able to keep them. They didn't seem to find it as funny as I did. I would have to keep my slabbed silver libertads, 1 oz Au libertads and my Roosters.
"Yeah, but can we get a clue, just in case?" 😄
I have one of those 2009 double eagles in high relief, I'd have agree with your choices. That one would be my last to sell.
It's so nice!
I was getting so sad for you and had to keep reminding myself this was all hypothetical 😎
Ha! Yes, I figured that might happen. The title format might intrigue some new viewers. Cheers!
this was a interesting vid.
though i'd sell in the same order.
that double eagle would be the hardest to part with or maybe the tiger. i like that frosted look.
Yeah, the Perth Mint lunars all look really great. There's just a smaller buyer population here, unfortunately. Cheers!
In which state do you live that allows you to sell your maples and Britannia's easily? Could you do a similar video on selling fractionals?
do you stack only bullion gold coins or do you buy collector gold coins(pre 1933)???
I only have a few pre-33.
Oh, my God, look at that. Looks like heaven on a table. Having said that, if I was fortunate enough to have that many yellow tempresses on my desk, I guess I'd sell whatever had high sellability value. The fractional gold would probably go first.
Fractional is definitely easy to sell!
great video
Thanks!
The 🐅 is one bad ass design
Such a great video, thank you. I don’t have the ultra high reliefs to get attached to, but I’ve got several 2021 gold coins for the year my daughter was born, those or my Saint Gaudens double eagle coins would be last to go for me. Purely emotional reasoning, but hey. Love your channel.
Nice stack bro.....................
Thanks!
Do you keep receipt of all purchases to prove gains/losses? How does this get handled if you paid cash for a coin private party when it comes to record of a gain/loss? Thanks, you have the best channel on TH-cam hands down.
In a cash purchase, you probably won’t have a receipt. Same goes for a cash sale. Since there would be no reported event, it would be a question of what you decide to declare at the end of the year. If the sale _is_ reported, a receipt would only be required in an audit. In the case where you have a 1099-b form submitted, though, it’s more likely you’ll have to prove your cost basis. I’ve had accountants try to tell me that if you can’t prove a cost basis, the basis is zero, but I don’t know what the actual situation would be. Lately I’m buying a lot more online - that helps with the accounting. Cheers!
@@2is1gold Great answer. Private party has been increasingly intriguing but just doesn't seem to be worth it to me personally even at a cheaper premium if I can't prove my basis. I'm only buying if I can get a receipt as having say 110k in gold sales regardless if it's reported or not wouldn't look good hitting your bank account if you can't prove what you paid for it originally. I understand that some like the off the books aspect of gold but I guess what do you do with it when it at one point gets converted to cash but for me that seems like a horrible idea. Thanks for the response I appreciate it! Keep it up!
@@Andy-ri2ey If I paid cash initially and sell for cash and there are no receipts do I need to claim at all or is this an ethics decision?
Nice video thanks again. For my self I think I dump my silver first and then the gold. But I do not care which goes first from the gold coins 😂😂. Take care and a happy new year amigo 👍🏻
Good plan. Happy New Year! (almost)
is there such a thing as buying gold below spot. thank u
Sure. It's just extremely rare.
I just love gold, and the only things that really concern me are weight and purity.
Wow. That stack looks nice.
Thanks Jeff!
I like to keep my "collectibles" as long term....... The rest are the "grunts of the stack" if you will.
Last to go would be the 24kt half ounce walkers. Those are the darlings of the stack.
I get you. Grunts or pawns. Cheers!
So you Art of War book is where you stash those coins ?
For me personally, I would have put your dragon series right behind the swan and tiger. I was actually hoping you were willing to sell some of those high relief Is American commemorative coins. They are truly stunning! Great video!
Yeah, that’s a tough call, but it’s based on the idea that I could get a lot more for those coins if I had time to find a buyer. Cheers!
This was a good, thought provoking mental exercise. I think I’d start with smaller fractions and coins from afar, and slowly work toward finishing with Eagles, then finally Buffaloes. Great video!
Holding back what you like the most I assume. That's a good plan in general. Cheers!
I inherited two 2006. One ounce Gold Baffalos from my Dad, which got me started in the first place. There would need to be a pretty dire situation for me to sell them. These are the only two coin that I own that have sentimental value. Thank God. I'd like. To pass them down to my two children.
Mike
Nurnberg
Nice to have something like that. Cheers!
Great video
Thanks, Nick! 🤜🤛
As someone whose going to start now at age 26. I’m going to buy 1 ducat restrikes and maybe some napoleons here and there or some coins I can get deals on. It mostly boils down to the fact that I love history and they’re not pure gold so I can handle them a bit more.
As for silver I’m mostly going to buy maltas but also going to get britannias and maple leafs. My goal is to get 1 once of silver a week and a Austrian gold piece once a month.
Nice stack... wowza.😏 The last coin to go would be my type 1 2021 1/4 Eagle... If I could only stack one coin, man, that is a tuffy. I guess it would be Eagles or Krugs... 🤔 Tuff choice.
Either one would be a good choice. Cheers!
I agree with your train of thought with your stack. As far as throwing in some fractional eagles with the pert mint coins to “sweeten the pot” I feel that strategy may or may not pan out. I’ve tried something similar before and it didn’t work for me. Plainly someone will buy what they want and that’s it. I’ve passed many times on a pile of :)&: with a diamond on top😄
I’m sure you’re right with private buyers, but I used fractional Eagles in the past to get my 20 francs Roosters sold to the local coin shops. That was a more extreme case. The shops had declined to buy the Roosters altogether. This would just be a bit of a mood boost to help the price. If they still passed, I’d take it all to the next shop. Cheers!
Where do you buy your bullion from?
Local shops, APMEX, JM Bullion, Bullion Exchanges and other online dealers.
I have whole set of queens beasts 1/4 oz coins, which includes 10 coins, and 6 1oz queens beasts coins. And I plan to collect the whole set of Perth Mint series 3 Lunar Year 1oz coins. My number 1 favorite coin is Perth Mint coin, Number 2 favorite coin is UK Royal Mint coin.
Fun coins.
You might want to check out Silver Seekers video he made last week about selling eagles at a local coin shop. Only a couple of shop offered spot.
Silver Eagles or Gold? Shops vary a bit, but the numbers I’m using are from recent experiences and conversations in three areas of the US. Cheers!
@@2is1gold th-cam.com/video/cdqCEZFBMBQ/w-d-xo.html 1/2 gold eagle
It may be a little harder to unload if ever the time came to do so but I have an infatuation with the Britannias.
They're very nice!
I feel like it needs saying, I'm far more likely to sell all of my cryptos, stocks, and possessions in my home that are of any value before I sell off my gold stack(or even my silver stack). Maybe that's me, but I'm of the mind that my PM is going to be my LAST line of defense in the event of a financial emergency. Moreover, I can't think of a single reason why i would possibly need that kinda money in a rushed timeframe. As always, thank you for another wonderful video and showing us more beautiful gold, your commentary is always worth it's weight in it! Would you ever trade in your fractionals for a full oz? I've thought about doing it with my stack. To be honest, it's good to have those fractionals but in your situation with about 60 oz of gold i kinda doubt that is a factor for you, so I ask your opinion on us, the lower stackers.
Interesting you bring up swapping fractional for 1 oz coins. I did it for years. My local coin shop would give me an even swap, so I would trade two or three toward my next purchase and step them up to a 1 oz. Or, I'd just take in 8 or 12 or whatever and trade them up. That was in the days of much lower premium on 1/4 oz Eagles. I was giving up $20 on every coin I swapped up because of the higher premium. A lot of people called that a questionable choice, but I wasn't stacking fractional - I was always working to fill 1 oz tubes. I haven't done it since early 2020. I can't justify the lost premium right now. I still like the idea, though. It lent to my consistency. Cheers!
Your thoughts on the Maples and the Brits are my same thoughts on all gold, and silver for that matter. I purchase sovereign minted coins and what ever has the lowest premium when I am ready to purchase. I stay away from the high premium coins, gold or silver. To me, it s about the 1 oz of gold or silver. I do have some generic rounds, 1 oz, and bars, 1& 10 oz, for the sole purpose of selling if the price of silver takes off because I have a low cost average for those items, sub $20 cost average.
In silver, I really only buy two things: ASEs and 10 oz bars. The premiums on ASEs have kept me out for a few years now, though.
@@2is1gold I agree, the premiums are way to high, that is for sure. Last ASEs I purchased were in 2-2020, and paid $20.60 each. First ASEs i ever purchased were in 2001, and they were $7.58 each. I am focusing more on 10 oz silver bars, at least 1 a month. Great videos!
12:00 My guess: the UHR double eagle remains last?
YEAH! KNEW IT!😊🤣👍
Nailed it.
Gold is so awesome
Agreed!
Ultra high reliefs and lunar series would be the last to go. Stack AGE’s and Buffs as they always hold value in the US and in a crunch you might get over spot easier. As for the very very last coin how would it come down to that… I once heard from somewhere 2 is 1 and 1 is none :)
That's a good point. Mustang AND the UHR would have to stay. 😄
Nice stack brotha, I’d follow similar selling strategies as you as well except my last to sell would be my 2020 Reverse proof Libertads lol, it’d take an act of god to get me to part with them-hopefully I never have to🙏 blessings brotha🤘🏼 Happy New Year-2002 will be epic
That's another reason I'm staying away from those Libs! Can't kick them! 😄
I love bars but always buy coins!!
Thanx....would have to be in really bad place to sell my gold...lol
I ran into two cases over the years where the opportunity encouraged it. So there are sufficiently good situations for me as well. Cheers!
Selling strategy is something I think stackers don't think about starting off. I didn't and made some poor choices buying 8 gold sovereigns from the Indian mint. Nice coins but not sure of resale market. Since then all 1 ounce government mint coins. I always said I would not but any Australian coins, but recently my bullion dealer had 3 2016 kangaroos in absolute mint condition, I broke my rule and bought them based on a heart and not a head decision. Also starting out I bought a lot of random years site unseen kruggerands, most being 1970s and 1980s all with some very minor scratches (one with an ugly proof test scratxh mark - upsetting). Since then I only buy recent mint uncirculated coins. First to go sovereigns, next random year kruggerands with most scratches to least, then reluctantly onto my perfect mint condition uncirculated coins based on what is easiest to sell. I'm surprised to say it that I think I would hold on to the 3 nr 2016 kangaroos (won't buy any more kangaroos- Not my part of the planet)
That makes good sense to me. My scratched Maple is the first CML to go even though it’s barely noticeable. 😄