Five Types of Gold and Silver to AVOID 🛑
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- เผยแพร่เมื่อ 8 ก.ค. 2024
- Five types of gold and silver to avoid especially if you're just starting out. This video covers some relatively common gold and silver stacking options that could bite you if you aren't careful.
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Thank you!
I accidentally deleted a comment (something I almost never do) from someone who sold their spider man coin for double what they paid. If that was you, sorry, hit me again. My reply is simple, and I gave it in the video at 08:01. Cheers!
You probably meant to delete my comment above. Oh well!! 😂😘🐥
It wasn't me Nick, never had za Spiderman coin 😂? 😘🐥
As long as it's. 999 pure
There's a big difference between stacking and collecting. It can be easy for some folks to fall into collecting and almost not realise it. Personally I like both, but I go out of my way to not convince myself that I'm stacking when I want something pretty that's impractical. Thanks as always!
Yeah, that’s the most important part. Don’t stack collector coins and don’t collect stacking coins. Cheers!
This is precisely the point. One additional category is speculating, although many of those (but not all!) are mainly in the paper/derivatives market and not in the physical market.
I absolutely agree. The pretty stuff is only if you want to keep and no intentions to resale. I initially bought it but quickly realized if stacking for a resale by cheap and us coins if at a good price 😅
Love your videos!
I do both but mainly numi. I am aware it will take 10 years to break even on the numis. I usually have said no to the price at least 10 times before I get a 50% offer and know the areas of numi very well. Very narrow categories.
@@2is1gold Not so sure in all cases, a date run can be a winner in the long run. A date run of 1oz silver eagles is going to sell for more than just the same number of random years
Moral of the story…Dealers will happily charge you extra for nicer stuff then pay spot to buy it back.
Ha! Some are better than others.
Great advice. Thanks.
That's actually pretty good list and something to keep in mind and I always appreciate your thoughtful clear and precise articulation of what you believe in what you've experienced and what you share and how it can help us to make it brighter choice. I think if I get something that's going to be now at the prices that pee pee and things were dropped down I'm pretty sure I want to feel the sting but I think about how things can go wrong and honestly with what I got I keep that in mind but I always keep a record of what I buy set those items aside for inventory so if prices ever come back up a little higher and I wish to sell I can get my money back at least and maybe a little bit. I think it's always good to keep an inventory what you have so that if you do sell you'll know what you'll be getting. Had I done that when I was younger in the military buying gold silver when I was younger when it was low I think it would have been well worth it. But now I'm just more concerned about how useful golden silver is because right now the future is a bit unknown. And it's a better hobby the most. Except gardening and homesteading.
Always great info
Thanks! 🤜🤛
Great video brother thanks for the info 🥃🥃🥃
Thanks Nate! 🥃
Bru I really enjoyed this video. I like the way you keep it real and I appreciate the content. Glad I came across your channel.
Thanks! 🤜🤛
I agree with your list however I knew this going in due to one of the past old videos you did regarding this matter. Good video as always
Cheers!
Graded coins have gotten way to expensive so I keep mine raw.
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I love the Aztec calendar silver. Especially the 5oz rounds. But i don't buy them thinking they are the same thing as my 10 bars that i get for stacking, i get them as a hobby for enjoyment.
And that's perfectly fine, IMO. Stacking should contain elements of fun. That is what helps keep us going with all this. I don't have any "fun coins" but that's OK.
Fun for me is the anticipation of receiving a purchase and unboxing it to add to my stack. Other than that, fun coins are not my thing. Stacking IS my thing and
what I want from it is to create a substantial stack at a fair price. If most of those gold and silver coins are of a nice grade that presents well, then that is perfectly
fine. If they cost a little more than less attractive coins, so be it. I like getting the coins I want at a good price but won't try to nickel and dime the seller. He or she
deserves a slice of the pie too.
Hi 2, as you know, I'm an after market kind of guy and I often buy coins on your verboten list, so I can testify that those coins do NOT hold their premiums and become just interesting pieces of bullion. So you can always recommend that people buy the last decades' hot collector items rather than this week's. 10oz RCM bars are my favourite in that category, but mine all have early serial numbers and were purchased near spot. It's very good to find a friendly LCD and get to know them well.
Got a little bit of everything.
Narrowed it down to 3.
ASE, Britannia's, and a generic round.
No more slabs, no more proofs, just tubes.
Only about 10% of my stack's dollar value is in "collectible" bullion, but that's because I mostly just buy standard government minted coins like ASEs and Buffaloes. Doesn't mean I won't occasionally buy something cool and collectible like my 1oz reverse proof gold Libertad (most beautiful coin ever made 😉) or my 1KG Queen's Beast silver completer coin, just means I mostly focus on bullion with moderate premiums and that's easy to resell in an emergency, should one arise.
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Thank you!
Thanks, I agree. I'm often tempted to stray from this but rarely succumb.
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I largely agree with your assessment, and I'm happy to report that I don't buy any of these types of Gold & Silver. I stick to fractional 22k Gold coins, Eagles & Krugerrands, and I limit myself to 1 ounce as the maximum size for any Silver coins, rounds, or bars that I purchase. I do these things mostly to preserve my flexibility and to give myself the largest universe of possible buyers when I go to sell them. I wish more people would put as much thought into their stacking as you did in this video. It would save them from a mountain of costly mistakes. Having said that, I do often tell people to set themselves a milestone goal to reach with their metals. Once they've met this goal, I think it's much more allowable to relax a bit and buy a few things that you like or are interested in vs just for weight or a particular stacking strategy. It's always important to regularly buy some things that you have no feeling for, as those will be the easiest for you to let go, but it doesn't mean that you can't eventually indulge your collecting side or your dragon loving side. Great video!
Why 22k? It's not like your going to be circulating them a lot. Might as well get 999
@@nelsonr1467 I don't share that assumption. I don't think it's incredibly likely that they will circulate, but I'd rather have something capable of circulation than not. Plus, I like to handle my coins, and handling 24k coins marks them up far too easily.
You did good here. I stack with weight and purity in mind.
Anything else is because I love the way it looks and dont mind the price.
Cheers!
Thanks' have a great week , It was good to see the tiger, That's a neat coin
Have a good week!
Milk spots are starting to plague the Britannia, not the gold brittania but the silver Britt. Today is October 8th, 2023 and we are headed for another slide despite Fridays (October 6) one positive day for precious metals out of 14 double digit lost days for silver and gold. Look for gold to get close to 1800. If not under, silver Will probably head close to 21 if not under. Do not buy right now unless prices start to go up. I would start buying gold again If it hits 1845, I would start buying silver if it hits 22. Thank you for the video, another good one. Milk spots do not affect silver eagles, krugerrands, philharmonics and that's about it, keep them in airttite capsules in a Ziploc bag at 76°. The worst for milk spots is the Silver maple leaf, been having a lot of problems. You can get these milk spots out, but it's a very arduous process.
As I live in the UK, I only buy gold & silver one ounce Britannias. This is the only way I feel one can be assured an easier sale later on down the line. Great video as always 🥃👍
I’m jealous of your CGT exemptions. Cheers!
@@2is1golddont because because we have to pay 20% vat when buying them 🙄
@@GSmetals 20% VAT is only on silver though. That's why it's gold Brits for me!
@@2is1gold We still have income tax to worry about when we come to sell. Anything over £1000 in any tax year side hustle income allowance which if you sell one 1oz gold coin is easy to go over. Basic tax payer would have to pay 20% over that £1000 allowance. Not a problem if you only work part time and still have £6000 of your personal tax allowance left.
@@GSmetals second hand silver is VAT free.
Ive been buying mexican gold lately super low premiums and to me the best bang for your buck. Personally i think mexico mints beautiful bullion.
I started the same way!
I usually stay disciplined and buy my AGBs. But I did stray this year a bit. I don’t consider the liberty high relief coins much of a risk, but I fell for the new Spanish stallion coin. It’s beautiful! At 10% over spot, i though a risk worth taking
Yeah, I stray too. Limited downside on a 10% premium coin and strong history on the low mintage High Relief Liberties. The downside is the extra work and risk to sell them if and when that becomes the goal. Cheers!
Those are beautiful coins. I might just get one because of my spanish heritage
Silver has been a horrific investment of a longer period of time. On January 18, 1980, silver reached an all-time high price of $49.45/troy ounce. This surge was largely due to the Hunt brothers, who attempted to corner the silver market by buying large amounts of silver and silver futures contracts, consequently driving up the demand and spot price of the precious metal. Also, silver is NOT a hedge for inflation…
I have been thinking that same thing. Silver is not going to be valuable if the country or the world goes into a recession. Because manufacturing will slow down tremendously. ALOT of products made of silver will cease or slow down. Just my opinion though.
I disagree because when everything goes digital.cbdcs . Folks will wish they had something that has value. When that takes place gold and silver will be a sot after item. Metals.will be one of the very few things you got that no one knows about. I look at it as a just in case kinda thing. Idk I just put it back here and there. It sure doesn't hurt. It's better than keeping a paper money savings account. That's my opinion if Course
@@bensherman8976 YES GOLD!!!!! BUT NOT SILVER. It takes 85 oz to equal 1 oz of gold
Silver absolutely is a hedge against inflation. In the early 1970’s a nice new car cost around 3k. 2 thousand ounces of silver was worth 3 grand. Today , two thousand ounces of silver is worth nearly 50 grand, hence you can still buy a nice new car. If that ain’t a hedge I don’t know what is!
@@WhiteAngloSaxon sorry, but you are wrong. Silver may have been a hedge in inflation FIFTY YEARS AGO, but we deal in today. Inflation has been roaring its ugly head the last few years and spot silver has gone nowhere. The only ones getting rich are the dealers and wholesales who peddle and pump this metal
Yeah I would love to collect some collectibles but it wouldn't be to sell on the back end and I'm also not rich enough to do that so at the present point in time it's only collecting for future savings with the standard gold buffalo and silver eagles. I do have to give you credit about some good key advice in the topics you covered. Appreciate the wise words
Thanks. I try to keep it simple and avoid unnecessary risk in a sale. One lost coin would destroy a lot of possible profit. Cheers!
I stack only silver, have 740 oz right now, 90% of it I’ve purchased in last 2years from SDBullion, majority of it is 10oz bars, and 1oz and fractional rounds, paid cheapest price I could find, and could care less what they look like, because at the end of the day, it will all be worth the same price.
The few LCSs I've walked into try to move me towards silver asking "why would you want 1oz gold" implying it's harder to sell. Maybe they don't want to buy it?
But the shops I've been in only pay 80-90% of melt or bid for silver regardless if it's Eagles or Ducks.
Wow. There are much better shops out there! (Silver has higher premiums, so they make more on them as a percentage.) Cheers!
I ordered a couple sets of the recent Germania Mint runes, at a premium I normally avoid. I like them, so I didn't try to speculate, but I am also a little hopeful they are more popular and I can sell the other set for as small profit in the future.
My coin dealers would discipline me if I brought those in. Same as my Greek Gods coins. 😂
Ouch! I don't understand the interest or the super high premiums on those!
@@barjer54u have to carry a uv light in yr pocket 24/7 to appreciate them 😐
I've bought semi-numismatic silver for the little ones to appeal to their interests...Queen's Beasts; Canadian wildlife coins; Perth Mint Lunars, Kooks, and Koalas; even Zombucks and Emoji rounds...but I bought at the time of production for the lowest premiums possible, and I know that if they're ever sold, it'll probably be for the melt price. They served their purpose in making saving fun, and this type of silver gives way to their first 1/10 oz AGE tube we work on together.
If you're buying at the time of release, your buy to sell spread is probably still intact. Perth Mint Lunars, for instance, hit with premiums below AGEs. I think they work well, especially if they're more intriguing to the eventual owner. Cheers!
Get some Kiwis
Love your channel, love your style. Question: I really did those silver rounds with the dragons, any suggestions where I can find them?
They’re a case of starting at Google and drilling down. Good luck!
I agree. Way back in the 1990s I bought a set of 6 silver Star Trek TNG coins in a presentation case from QVC UK of all places. I forget how much it was but I struggled to sell them a few years later and when they did sell I took a massive loss on them. Didn't even get the at the time spot price for them which I think was £10 per ounce of silver. I can't even remember if they were 1 ounce silver coins, I think they were.
Beauty is in the eye of the beholder. Great video and good advice. 👍
Thanks!
Thanks 2! 🍺
🤜🤛
Yeah, I stick to SE as much as possible, but I really dig Chris Duane's Silver Sheild designs. I don't really look at them as a collectable, just another round with a cool design and message. Just my .02
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1. Slabbed coins. (paying for fancy plastic holder and identification label)
2. Proof coins. (paying for proof shine from mint)
3. Collectable or gimmick series silver coins. (paying for inferred scarcity / likeability)
4. Chinese gold series coins. (only worth actual weight in gold)
5. Large bars. (harder to move / sell / store / carry)
Peeling back the layers here. 😄 On 4, though, unless you're talking about Pandas, the series I mentioned are Australian. Cheers!
Haw should gold and silvers coins from the United States Mint pourchased ?
I agree with ya all the way! I will splurge more on the 10 oz. RCM bars though.
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i buy coins and bars only one and a half season. wihtout any knowlegde i started. then found this channel. among some others, it was VERY educational. calm manner of speaking, absence of flashy videos allow brain to process what author speaks very well.
in gold coins and bars i invested 60% of my saved cash. i am not sure it was good, but it is done. did it because of huge inflation on everyday goods in country where i live. on everyday needs like groceries or clothing inflation is around 30-40% per one year. at least last few years. i was desperate to find out way to fight inflation effect on my saved wealth. i saw it in gold. right or wrong with gold, but keeping cash in bank account was not an option at all anymore.
Excellent 👌 video
Thanks!
I have a gold buff and two eagles that are pf70 ultra cameo should i bust them out of their cases? Also have a half oz Buff which is same pf 70 Ult Cam you recommend i bust them all out? I was fortunate i got them all at same prices as the raw versions.
The collector in me tends to drive my purchase decisions often but hey you know if you can pick up lower mintage stuff like the Germania rounds or Tokelau coins for the same price as Eagles (or probably less) than there's nothing wrong with stacking all three. Harder to sell? Probably a little but they are beautiful and interesting and if you need to sell quick you have the Eagles.
Totally agree!
I don't plan on selling for a long time anyway. I like to sort and play with my collection so having more designs than just a burly woman and a goofy looking eagle is more fun😤.
The 2018 Niue Scrooge McDuck coin was a great one..........great character and nicely designed coin....goes for over $50 for the 1oz silver.
Agree, but would reinforce the slabbed bullion position with never, ever, ever, ever pay the slightest premium for slabbed bullion graded less than MS-70.
Ha, yeah. Not knowing is better than being sure something isn’t perfect. Cheers!
I bought some large silver bars from CNT about a year ago, which they made, and I vault them there. This way i can sell them back to them with no concerns whenever I want to. I think I paid 1.8% over spot. Spot is already over what I paid in total.
Something to consider.
That's a good route. Push of a button or phone call type exit. Cheers!
Sone truth to what you are saying, but depending on the mintage, proof coins are considerably rarer to their MS counterpart. Also, some due find value in MS70 and PF70 grades.
That's why I just stick to bars man gold is gold silver is silver. I've seen a dude pay obvious premiums for stuff and not get that back when selling. I honestly don't care for coins.
Id like yr thoughts in OLD US goldcoibs to stack. Dont velueve i saw a vidro in that. Thanks!😎❤️
I seperate my flips from my stacking. Usually im buying a few of something that I feel like will sell out quick just so I can keep 1 for free. For example the nz mint Star Wars chibis were hot for a couple years. I sold so many of those I practically have a free collection. That takes some luck and following the market though.
Yeah, smart. You just have to keep the two distinct. Don't stack collectible coins and don't collect stacking coins. Cheers!
Yes, if just interested to invest in Silver and Gold, always purchase those items, with the lowest premium over spot. Becos, when it comes to selling them, at best, most likely the buyers would pay you just at their spot prices, even for those beautiful gold & silver minted limited coins, unless you can find some buyers who are collectors for them.
I agree 100%. Gold is gold and silver is silver regardless of the picture on it or blemishes from manufacturing.
At the edges of the bell curve, a tube of Eagles will always sell better than a tube of Morgan le Fays. 🤜🤛
You know I'll always be a buyer for you, my friend!
I buy 1 oz. Gold Maples and 90% US Silver coins only, though I do have a quantity of .999 Bullion too. I buy/hold "P-Metals" to protect a portion of my cash, though I have made
excellent profits with the past 3 BIG increases ('80, '99, '11) and if/when there's any BIG increases happening, I'll be "flush" with Gold/Silver to enjoy that, however that's really not
the priority of my keeping "P-Metals".
Can you do a video on five or six gold/silver coins that sell fast for beginners? Thx
I am a collector, I think I have to separate the investment and hoppy in discipline. One is make money whatever you like it or not, the hoppy is enjoying the time while you hold them(you pay for the fun time!)😀
those Egyptian god series of coins seem to do well on the secondary market.
had some yrs back and sold for a decent return.
but when buying for myself I tend to keep things simple and Low.
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Just picked up the ultra high relief Dragon and Koi gold coin from the Perth Mint. Beautiful coin if you weren’t already aware of it. Cheers!
You got it! Nice! 🔥
The scrooge mcduck coin! 😂
I've likely mentioned it on your channel before. I haven't gotten it yet, but I fully intend to. It was arguably my favorite cartoon series growing up.
I stack, and I collect. That coin I believe to remind me of my goals. It'll make me 10x more stubborn to sell, if that's even possible lol
I’m doing my part to move the coin to the very top of everybody’s list! 😂
Look here's what you buy, you buy Eagles, Britannia, maples, Krugerrand, and finally the Philharmonic, the big five, for sovereigns go with the rooster, the Swiss helvetia, the 20 peso, that's it, that's all you need to buy. The quarter eagle is the hottest and I'm taking vantage of this dip, loving it. Though, gold may get resistance at about 1890, but it's only $10, remember the golden rule. Buy metals when the price is high, by metals when the price is low, inherent wealth, intrinsic value
You spelled Buffalo wrong. 😄
What? No Buffs?
@@2is1goldI did forget about that coin, it's a beautiful coin but the finned rim is a big turn off for me. I also don't favorite because it's not fractional except for that one year. I can't remember which year. I think it was 2008. Stick with the big five and if you want to go with sovereigns I recommend the 20 peso and the rooster. Like I said before, I love the 20 mark, that's my favorite sovereign besides the 20 peso... very good video.
@@michaelphillips3123It just slipped my mind
I have proof gold eagles. BUT only because they were literally cheaper than regular ones! Thanks, SD Bullion!
What do you think about proofs of bullion coins ? I personally don't buy them since I'm not a collector and only stacking bullion.
I stack, not collect. Problem is, I have a lot of 90%, enough that it's almost guaranteed to be some nice numismatics in there. I'm just not motivated to learn enough to pick through everything... I don't need another hobby or consumer of my time.
Some dealers are really good and fair about assessing them. Could be fun to find some sleepers in the stack. Good luck!
That's Heavy brother 😎 👍
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Excellent shit
(Althugh i love proof gold.... alas... ain't got any)
It sure looks nice. 🤩
I'm stacking buffalos and eagles hard, trying not to get sidetracked too often with johnson matthey like the 2 kilo bars i just bought, lol. I'm trying my best to just buy gold.
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Im new and i grabbed some sunshine bars the other day just cause i liked the way they looked....glad to know it was a good choice haha
In my opinion, they’re the best. Cheers!
You mean ive been buying cartoon characters for 10 years and its a no no?? 😂😂😂
Ha!
😂
@2is1gold I'd like to be Scrooge McDuck, but I'm not interested in buying one.
Only if they are busts of Democrats after 1970
I wanna a giant coin with a batman logo. I'd wear it like Luke Skywalker wore the Medal of Yavin.
When wanting to RESALE - the MAJOR THING to keep in mind, YOUR REGION...
I have learned from my travels around the USA, each region has what will SALE and what will NOT Sale too well...
Example: In my region, NO CHINESE GOLD/SILVER Panda's or the Like Kind of coins. No one here wants them, not even the Pawn Shops.
However, what is really acceptable is GERMAN, FRANCE, GREAT BRITIAN, AUSTRALIA, AUSTRIA, CANADA, USA, etc.. Minted Gold/Silver are more readily recognized and accepted...
If you see the slabs on sale, I have some I got a 1/4 oz American eagle slabed for 10$ over the unslabed
Franklin Library or Easton Press books? I have a ton of both and they are very similar looking...
Some coins are just fun to collect! I feel attacked though, just picked up the 2018 Scrooge McDuck holding the money bag NIUE Silver coin and did pay a premium to get it. Some coins I'm staying away from now is the Perth Mint, Philharmonics & Britannia Silver. They always milk and like you mentioned, there goes any premium over spot.
VT247
Ha! Maybe I'm sitting on a bag of those McDuck coins, just waiting until they're properly notorious. 😂
I waited till the end to hear your thoughts on milk spots
Ha! It's a new problem with ASEs. Kind of annoying.
I love 50 peso centinario
As someone who loves Perth Mint coins, I can tell you that they command a profit. They sell well on ebay, and APMex will buy large collections well-over spot.
Now, I have probably gone overboard on these (all the half oz, rapidly buying 1,2 and 5 oz versions).
Chinese cultural influence is only growing, and Perth has the best designs. I can only see these grow, unlike the UK and Canada lunar coins.
The only ‘collectible’ silver I own is a 1982 silver half dollar. I was born in ‘82 and carry it daily, so was happy to pay a little more. I don’t really consider it a collectible though as I ding it up without minding.
This is a great video 2
Thanks!
At least those Scrooge McDuck's make for a good coaster or door jam...
Ha!
I feel like i would only buy gold in the form of coins of the realm, being from new England i can only think of 3 coins for gold, for silver coins of the realm is also great, and constitutional silver, that and well known private mints like sunshine or the such, im not a huge fan of silver buffs, ive never bought one, there are just no safety features on them.
Where do you live ? In the UK you should avoid all of them except Gold coins with a face value in ££. i.e LegaL Tender, like Britannia's and Sovereigns. All the rest come with a 20% VAT liability.
A S E . . American Silver Eagles . . . good prices can be found / If price is your motivation . .stay away from 1996 A S E . . . Lowest Mintage A S E bring higher prices . . & . . 1986 A S E bring higher prices because 1986 is first year mintage . . so my point is . . if you find some A S E prices are higher than normal . . it could be mintage . . it could be Proofs . . .
buying the regular 1 oz A S E is the best bang for your money spent
. .. remember . . .
An oz of silver is an oz of silver is an oz of silver . . . Proofs, low mintage, graded . . can add to higher prices
You decide . . it's your money & It's your purchase
1:35 🚫 Avoid slabbed and graded modern bullion, especially if sold at a high premium. It's often not worth the extra cost and could be a marketing tactic rather than genuine value.
5:01 💡 Semi-numismatic silver coins might be enticing, but consider whether you're buying for collection or stacking. The low margin and difficulty in finding buyers can be a drawback.
6:47 🔄 Semi-numismatic gold coins can be appealing for their designs and potential resale value, but be cautious of the time and effort required to find buyers and the risk of overpaying.
8:33 🛑 Large or fancy bars, while aesthetically pleasing, may not offer the best value. Stick to popular, easily sellable options to avoid complications in the future.
10:58 💬 There are exceptions and nuances to these guidelines, so weigh the pros and cons of each option carefully before making a purchase. It's essential to consider your goals and preferences when stacking gold or silver.
I'm not even close to being an advisor or consultant; I'm just mentioning my observations. I've made over $10K in mistakes. 2 is 1 and other stackers who've been doing it for a while have a good point that research is important. If I were starting over without research, I'd go 100% cheap and recognizable. I'll go on a limb and give the advise (this is not the expressed or implied opinion of 2 is 1, their affiliates or other content creators) that you shouldn't make any financial moves without rigorous research because the time you lose being cheated by online dealers isn't worth it.
The lowest spread I’ve seen with fractional gold is with 20 francs gold coins.
That one comes down to dealers (buyers). Cheers!
I want to go for the gold, but i dont want to trade my silver, haha but im thinking, give myself with some self control, maybe cut my silver buying by 70% a quarter and then use that money to buy at least a half ounce eveyn6 months, or 2 oz a year, one buff one eagle :) or one eagle and on maple, i just need to control my silver bug so i can let my gold fever shine through haha but i think i need both
Slabbed coins can be difficult to scan to confirm that it is not a fake. Just something else to keep in mind - especially if you are buying on E-bay or some other questionable source. Other point - I will buy the occasional semi-numismatic but it has to be only a bit more than bullion price.
Yeah, good point. It’s easier to fake a slab than the gold itself, so it can be a false positive. Cheers!
Personally I wouldn't buy any coins from EBAY!!!!!
@@ronniejones6398 Why not? There are legit dealers on there
All my simpsons coins have gone up in value from when I bought... but I also love them so it's not entirely a purchase with the intent to profit.
A bit like my dragons I’d guess. Cheers!
You keep tempting me by talking about the Scrooge McDuck gold coin… 🤩
Ha, it's a long con. Step 1: make the coin notorious. Step 2: profit. 😂
@@2is1gold😂
Define semi-numismatic silver. I think Kookaburras, Koalas, Pandas, Queen's Beasts are must stack items. Fun, collectible and collect future premiums far above spot.
Fun to collect and rational to stack are different things. For every series that hits, another flops. On the hits, you have to strike while it’s hot. QBs we’re a huge hit, and they’re already cooling off. Have you sold any of the coins you mention? Cheers!
@@2is1gold I don't really intend on selling but if you can get a Koala at 27.38 and a Britannia is a dollar less, it really makes no sense to buy the Britannia.
Oh oh, I have a Scrooge McDuck 1 ounce gold coin......love it though
I have not pick on that one because I thought a Homer Simpson needed a break! 😄 Darth Vader is next.
Well about James Bond silver coin?
I have been buying 20 franc coins from France Italy and Switzerland and British sovereign’s for a while since their markup has been considerably less than modern bullion coins. And they are smaller for easier trading after the SHTF. But I wonder how to show how much gold is in each of these various coins?
My one oz Ducktails bar 200 minted was a bad buy for $60? Haha love my Ducktails
Tip 6) Don’t stack silver in UK, the 20% VAT tax is a surveillance weapon.
I wouldn’t touch it there either. Cheers!
What about having a 100 ounce silver bar and when selling it, cutting it into smaller pieces? Kind of like gold chain links. True or not true, I don't know. But I read once that gold chains were a way for the wealthy to carry gold for payments. When they needed something, they would cut off a link or how many need to pay for something. Just as long ago jewels were also used to barter. Anyway, cutting up a big bar into smaller pieces?
Cutting bars introduces problems, but you can do it.
I just knew you were gonna Dis my pre 33 gold 😂
I didn’t mention pre-33!
Yes! But hopefully when I goto the box and gift the kids; they’ll love em’
I'm new. I have 13 silver eagle coins I bought about 20 years ago in an MLM scheme. Now if I want to buy silver at the best deal, what type of silver would you recommend?
I would stick to bullion coins from coin dealers that are recommended and trust worthy. And buy according to your budget. Remember it is a marathon not a sprint.
Some analysts are saying a protracted shutdown will hurt the U.S. dollar and boost gold prices higher
I have been buying heaps of Silver and some Gold in Coin form purely because it has our Old Queen (Elisabeth) on them and most with her Reign. I don’t know if that will amount to anything in ten years but when the put old Charlie or Camilla on the back I will only be buying bars.
Sold all my gold and silver lost more money buying metal as for insurance gold and silver have gone nowhere
Can you talk about Pre 1933 gold ?
In this high yield bond environment where does gold fit in the narrative?? Especially with higher for longer being generally accepted now. Is Gold destined to hit 1,200oz again with 10yr notes sub 5%? Will bonds suck the wind of a gold bull run ?Anyone?
Good question . . . I share the same linear thinking as you . . . I'm very heavy in PM and very light in paper investments that are not available to me in my hands . . . So I got into the PM space when gold was $350 an oz . . .
I bought ( 5 ) 1oz AGE / Today Au spot price is $1800 something? / I think today spot price is > 5% increase . . ??
My Thoughts . . . Balance your bucket . . . hold some PAPER trades . . . hold physical PM
The reason I hold MORE PM than paper . . . I can hold PM . . . Banks etc can close your account in less than jacks hat band and there is nothing you can do . . there is nothing you can say . . .you just lost everything
Holding PM in hand . . . you at least got something you can see / touch and hold
DO NOT ever tell ANYBODY what you have . . . NOBODY . . does not matter what you have of value . . PM . . Food storage . . solar panels . . . "OTHER ITEMS OF INTEREST & PROTECTION"
When SHTF . . TPTB decide to convert to CBDC . . .
You will have nothing . . and . . You will B happy
Why is every country buying as much gold as they can possibly get their hands on ?????
Ask yourself . . What do they know that we do not know ?
Keep your mouth shut . . . . Keep your eyes open