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If you are young, don’t worry about the 1/10 ounce prices. I picked up 1/10 gold in the 90’s for 50 each, now I’m a few years from retirement and they’re around 230-240? Guess the “long-haul plan” worked!
Same here, Artemis. If I want to spend any of my gold or silver, it takes planning, and a process containing a couple of steps. Actual cash is not immediately available to me, so this hinders me from wasting money.
I was never good at saving cash or anything with intrinsic value until I found silver. I’ve trained myself (over the last 13yrs) to save/stack AG/AU/PT every payday. I’m normally stacking 1/10th & 1/4oz Au and any silver I find at a decent premium. It’s great to see my wealth grow over time. Keep stacking!
Great video! I acquired my first 1 oz silver coin back in December and my first 1/4 oz gold coin in January. Been hooked ever since. Managed to fill a 5 oz tube of the 1/4 oz’ers and thought I’d make the switch to 1 oz coins, but miscellaneous expenses kept sidelining me from that. Recommitted to another tube of 1/4 oz’ers and am already up to 9. Totally agree that you gotta buy what works for you.
Just started stacking my gold this year...1/10th a month, just made an ounce of gold, very proud moment. Next year I'll try for 4 - 1/4 oz. golds, fractionals seem to be easier to move if need be. Great video man, Congrats on all the subs!
Yes! After a while, it becomes automatic. Buy every payday. Stacking gold is automatic. A lifestyle for me. Much better than blowing dough on useless crap i used to buy. Good video! Thx
I'm working on a tube of 1/4 oz gold, mix of 2021 Britannia and 2021 Maples. I can't do anything larger for now and I like to pick up something monthly. If I waited to purchase a full oz I might lose interest. Premiums aside I may work on a tube of 1/10 oz gold next. Baring a major catastrophe I'm not concerned about reselling. For now it's a hobby and building an insurance policy for overall well-being.
Spot price AND premiums move. 🤣. So if gold goes up, both should too. I love the 1/10th Eagles. They are beautiful and great to stack. Great video my friend!
fan of both silver and gold for years but got serious 1 1/2 yrs ago. now have tube of 1/10 oz gold and tube mix 1//4 1/2 oz G and 200+ oz silver. Got tired of money sitting in bank making the bank rich...great video will create more interest and investors....
I've purchased a gold Thai Baht necklace a few years back...even with the increased premium over melt that I paid then...I can liquidate it today for more than what I paid then; I am not upset for having picked it up.
Everything you said makes perfect sense and that’s exactly what I doing. I was all over the place with silver coins when I started, then I realized that I can afford fractional gold.. And after that I never looked back. I converted most of my silver and “collectible” US coin into 1/10 oz AGE and I’m very happy I did that. It takes way less space and it’s so much easier to liquidate than 1 oz gold. Still have some silver, but gold is gold!.. :)
When it comes to gold, I subscribe to the old adage, "One in the hand beats two in the bush". Depending on your financial situation, a lot can happen in the amount of time it takes you to save up for (1) 1 oz gold coin or bar. Personally, I'd rather have even just one or two tenths of an ounce than excess fiat (above and beyond my emergency cash stash) sitting around waiting to be converted to real money if the spot price and/or premiums were to sky rocket, or things were to go south. Additionally, while it cost more in the long run, my first ounce came the hard way (1, 5, and 10 gram bars), but I felt quite a sense of accomplishment... For what that's worth.
I do get tempted to buy fractional gold sometimes because I could buy gold in shorter intervals. But I always choose to wait until I have enough saved up to buy a 1 ounce gold coin.
Some great advice. A great way to get into gold. And really when you compare the premiums to silver....don't get me wrong I stack silver too, but fractional gold is a great!
I stack silver regularly until gold went on sale below 1840 I started stacking more 1/4 oz gold. I like to buy the 1/4 oz and even the 1/10 oz. I dont buy anything larger in case big brother lowers the $ amount for 1088 forms like they did spending more then $10,000. They already tried to get it to $600 but it didnt pass.
I've recently bought these tenth oz coins they will have a purpose in the future. I believe they will be the easiest to barter and bye things with.🤷♂️ if you can having a variety of sizes is the way to go.👍
When shtf you had better have other barter items like socks, tools, ammo, guns, food, etc... Keep your gold and silver and survive until the other side of the storm.
If and when we get back to the premium levels we had prior to 2020, everything changes again. The spread (on premium) between a 1/4 and a full ounce coin was relatively minimal for years. I gave up $60 in extra premium in a trade from quarters to full ounce coins. Have a good weekend, Florida!
Fair point on silver premiums vs fractional gold premiums. I’m aiming to have 200oz of silver first and then prioritize gold but quarter ounce is the highest I’ll be paying on premium per ounce.
I started buying buy the 5 gram bars in late 2020. It takes 31.103 grams for 1 Troy oz of gold. I can acquire 2oz of gold a year buying 5gram bars 12x’s a month. My job allows me the opportunity to but two or three extra 5 gram bars in two separate months. The rest of the year when I can afford to I buy an extra 5 gram bar a month I do buy.
please explain, to a new person, why you would buy 5 grams 12 times a month, and please show the math, of how buying 12 times a month, or 144 times a year, only adds up to 2 ounces?
Is there a missing reed on the Fractional Gold coins? I thought I heard somewhere there was one on the 1 oz for security. Thanks for sharing the “ The best gold coin to buy is the gold coin you can afford” Awesome video as always.
I am currently stacking one 10 oz silver bar per month and purchase gold when budget permits. I am in Law Enforcement so obviously I am working with limited disposable income.
I really like 1/4 and half gold! Such a easy and convenient transaction for life’s emergencies but with the last dip who can turn down 1/10 for 204-220🤷🏻♂️ i think people need to let go of the premium issue and look at fractional gold the way they do constitutional silver! I mean if shit hits the fan or precious metals double good luck with them silver kilo bars and 1oz gold coins... but you said it best “stack accordingly” if you can afford em great but even if you got 50 1oz eagles youd be a fool not to have at least a fistfull of 1/10ozrs
fractional gold in my experience has been handy for when you wanna sell but don't wanna sell a whole ounce of gold.Sometimes u just needs a couple hundred dollars and not $2000 dollars.Once your coin is gone..it's gone.
My plan is to buy bulk on the fractional bars and coins then sell privately to people and still make profit . Without government taxes and interference
By the time I would have managed to save around £1400 with my spare cash range for 1 oz without it getting blown on other stuff I’m sure the cost would / could rise more than I would lose on regular 1/10 oz purchases
Problem with fractional gold is you pay a premium on each coin and a Minting Fee. So, you pay much more for 10 1/10th oz. gold coins than if you buy a 1 ounce gold coin. You'd be better off to buy a valcambi card that breaks in 1 gram fragments. My opinion....thanks for your video
That's looking at it Soley from the value perspective in my opinion. The utility aspect is that Silver Stackers buy Fractional Gold. It's within their budget making the coins incredibly easy to sell. Also, those premiums you mention evaporate over time as Gold spot price rises and you get the higher premium back when selling 10 x 1/10th oz Gold Coins vice 1 lonely 1 oz Coin. Obviously if you can afford to hold wealth in 1oz Gold that's the standard. But many are quick to call out the premiums and leave out the added utility factor and premiums returned when selling over spot.
@@floridastacker Yep, I have to agree, fractional gold has its place. My strategy has been to buy gold in 1 ounce boullion i.e. eagles, buffalos and then several monster boxes of silver eagles and $100 dollar face bags of dimes and quarters. The "junk silver" is for buying everyday items, i.e. bread, batteries, etc. The gold ounces are to take advantage of the assets on fire sale that will happen when people are starving for liquidity. Y'know, during the inflation in Weimar, Germany, 25 ounces of gold would buy a city block. So that is why I have the gold in ounces. Also it is easily moved (a lot of value in a small package). You are right about the premiums being negligible if the price of gold soars, but, my strategy is to hold a lot of junk silver to make everyday purchases. Also, I bought a couple of Valcambi 50 gram bars that you can break off like gold chocolate bars in i gram pieces.... All the best.
@@jimjohngirard The Weimar republic did not have nuclear subs and aircraft carriers to back up their currency. Think about why you are preparing for something that is very unlikely to happen in the USA.
Fractional gold is always good to have. Got a mix. I actually don't know exactly how much is fractional. My LCS doesn't gouge me real hard on fractional. The last 2 full oz coins I actually got for $50 under spot and they're MS 70 PCGS FIRST STRIKES. NOT from an LCS. Bait and switch but I didn't switch. And yes they are real.
Premiums on 1/10ths have been fairly reasonable recently - especially on Phils and Britannias It's not easy for most people to save up 1900 bucks for a 1 ozt coin, and tenths have been in the low 200's recently. I don't recommend 1 gram bars, though. If you can save up 80 bucks for a gram - it's better to wait and get that tenth.
@@floridastacker maplegrams are cheaper, premiums wise, than 1/10ths. Blows my mind that grams carry less premium than 1/10ths. That said I still prefer 1/10ths. The grams are just so damn tiny
I have to stack 1/10th oz to round up my Gold Sovereigns over 1Toz. 1 for every 4 sovereigns. Besides a 1/10 oz is going to be worth way more in an SHTF econonic collapse scenario. That said the really small fractional - E.g. The 1945-47 Gold Peso's just aren't worth it.
"Besides a 1/10 oz is going to be worth way more in an SHTF econonic collapse scenario." What is your reasoning for that conclusion? In a scenario where everyone is trying to barter with gold, the supply of gold will be high, and thus the prices will be lower.
You know in the movies when you cringe seeing the hero give out his last big gold coin for a bribe or something… that’s why you have fractionals and silver. The Witcher gets paid in gold
Its not just about getting the most you can afford. In truth, any coin under a half oz is a ripoff, and if you are holdng long term (as you shoupd be), then spot will absord whatever premium youre hoping to recover. 5g and 10g mint bars are great and so are sovereigns if you need coins.
As a rule, the gold bars are a little more economical. They're not as pretty but they're a better value for straight bullion. As for coins, the Austrian Philharmonics are the best value. Like the man says, it might be easier to sell a fractional than an ounce coin or bar. 5 gram bars don't cost a whole lot more than tenth ounce coins. I don't recommend buying anything less than a 5 gram bar.
@@floridastacker , they cost way too much of a premium but just a few 1 and 2 gram bars are good to have if you need to "make change" some time but they are too pricey in terms of investing. Just a few. No more.
Just bought my first peice of the shiny yellow metal..was i dumb to pay 98$ for a 1/25 ounce ?..edit also how is it buying from eBay ? Trustworthy cheaper premiums?
Im no stacker and a complete newby but I find that even the lowest premium on the 1/10 ounce gold coins makes you end up at $1000 over premium of just buying a 1 ounce coin. Im struggling with that one. *Correction, $800/$850 over premium depending on the coins
Hmm. I can grab the most expensive of the 1/10oz at Liberty Coin for just about $205 per coin. Or the Kangaroo or Philharmonic for $201 at JM Bullion. That's a lot less than your quoting. Also, fractional gold has more uses than just being compared to 1oz. What if you need a new tire for $250 and only have a 1oz Eagle. This is where a 1/10 oz or 10 oz silver bar works.
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Thanks for this service 🙏🏻 🎶
If you are young, don’t worry about the 1/10 ounce prices. I picked up 1/10 gold in the 90’s for 50 each, now I’m a few years from retirement and they’re around 230-240? Guess the “long-haul plan” worked!
Lately all I can afford is 1/25 oz for 95$$ .. its not alot but feels good to have gold
Final paid off all my credit cards. Gonna start buying fractional gold using the same savings savings method.
Baby eagles are a great way to start stacking.
I wont lie, I’m terrible at saving cash. 1/10 gold, premium and all, are better spent on that coin than the fleeting goods I’d buy otherwise
Same here, Artemis. If I want to spend any of my gold or silver, it takes planning, and a process containing a couple of steps. Actual cash is not immediately available to me, so this hinders me from wasting money.
@@BrotherChad
Yes. Great for the long game.👍
Yes, it's the only consistent savings I've been able to do
Me ❤️
Im exactly the same 😂
1/10 oz gold- the only gold I stack! I like storing in the "dime" tubes. Easy to tuck into the bottom of my bugout backpack
Great idea!
Nice but I've never understood the bug out plan. If bugout is part of your preparations then you need to move to the country asap!
Nicely done and a great idea 💡
I use the tube also
@@delav83 You have a lot to learn, or, you can just stay asleep.
Any gold is better than none. I mainly stick to fractionals because I just can't drop nearly $2000 on a one ounce gold coin or bar.
It clicked for me when I realized, in theory, that it would be easier to sell 10 1/10oz gold coins for $240 each, than to sell 1 1oz coin for $2,400
Dude that makes perfect sense.👍🏼
Exactly why I would only buy 1/10oz. I think ahead of when I need to sell. Not everybody will dish out $2,400 easily.
@Lisa Oneil right at this moment you may be right, but I’m comfortable thinking the price will go up
@Lisa Oneil 😆 no worries, I get where you were coming from 😁
Right! You pay premiums but get that premium back when you sell!
The most beautiful American silver and gold
Thank you!
I was never good at saving cash or anything with intrinsic value until I found silver. I’ve trained myself (over the last 13yrs) to save/stack AG/AU/PT every payday. I’m normally stacking 1/10th & 1/4oz Au and any silver I find at a decent premium. It’s great to see my wealth grow over time.
Keep stacking!
I was the same way. 7 years for me now. Stack away
@@bobspizza7444 We’re definitely not alone 🤜🏻🤛🏼
Consider the same with Roth or 401k. Especially with employer match. Stack on!
Thanks
Excellent advice on the fractional gold. I have been buying the 1/10 and 1/4 ounce coins for awhile now. Thanks for the great video.
Great video! I acquired my first 1 oz silver coin back in December and my first 1/4 oz gold coin in January. Been hooked ever since. Managed to fill a 5 oz tube of the 1/4 oz’ers and thought I’d make the switch to 1 oz coins, but miscellaneous expenses kept sidelining me from that. Recommitted to another tube of 1/4 oz’ers and am already up to 9. Totally agree that you gotta buy what works for you.
Just started stacking my gold this year...1/10th a month, just made an ounce of gold, very proud moment. Next year I'll try for 4 - 1/4 oz. golds, fractionals seem to be easier to move if need be. Great video man, Congrats on all the subs!
I stack the Frac. All varieties of tenthers, 1/4 oz and various gram quantities. Beautiful pieces. Love the stuff.
Great point on premiums 😃
Great vlog!!! I’m completely hooked on buying gold now! I’ve got the bug now.... When I first held my first 1/10 oz it was true love🤣🤣🤣
Dragon sickness? ;)
I like fractional gold....but I am a frequent buyer of the European 20 Franc. It's .1867 oz.....and, right now, the premium is less than 8% .
I too am slowly working to fill a tube of each, 1/10th, 1/4th, 1/2, and 1 ounce.
Its a journey for sure. But will be well worth it!
Great video
Yes! After a while, it becomes automatic. Buy every payday.
Stacking gold is automatic. A lifestyle for me. Much better than blowing dough on useless crap i used to buy.
Good video! Thx
Yup new gold eagles are amazing. New silver eagles are borderline okay. Got to get myself the frac stack of eagles. Thanks for the new goal!
sharing this.
Wow. Thank you for the shoutout my friend. Definitely much appreciated, and an excellent video from you as always.
Appreciated your comment brother and felt it deserved to be said again.
Keep stacking the Frac!
best video I have seen today
That’s how I started 1/10 gold now have ten which one oz, keep Stacking Thanks Again Colorado Silverback777
I’m mostly a silver stacker, but I do like adding some gold to the mix when I can.
Good logical video. Buy & stack what you can
Wasting money on higher premiums is not logical.
I'm working on a tube of 1/4 oz gold, mix of 2021 Britannia and 2021 Maples. I can't do anything larger for now and I like to pick up something monthly. If I waited to purchase a full oz I might lose interest. Premiums aside I may work on a tube of 1/10 oz gold next. Baring a major catastrophe I'm not concerned about reselling. For now it's a hobby and building an insurance policy for overall well-being.
Fractional is WIN! Sharing this video with family!
Love gold, love fractional gold! Thank you Florida Stacker. PPP is great!
Thank You Cash and Coins!
Working on a tube of 1/10th’s right now. It’s 100% true, stack what you can afford.
FS Some are saying good time to Trade GOLD for Silver because of Prices, What do You Think ? Maybe you could Comment in Next Video...
Excellent!!
Great video. Fractional gold still has cheaper premiums than many silver offerings out there
always fun to watch😃 😃
Spot price AND premiums move. 🤣. So if gold goes up, both should too. I love the 1/10th Eagles. They are beautiful and great to stack. Great video my friend!
Link to the Pistol Packing Pilots TH-cam Channel: th-cam.com/users/Ericreed22
Great information and video. Just bought my first 1/10 oz gold and platinum 2021 Britannia coin.
only love and support from Germany
FS, this was a very good video, thank you!
Thanks Brother
Love the 1/2 ouncer's
Great size and coin
I do like my gold👍👍
That makes 2 of us!
fan of both silver and gold for years but got serious 1 1/2 yrs ago. now have tube of 1/10 oz gold and tube mix 1//4 1/2 oz G and 200+ oz silver. Got tired of money sitting in bank making the bank rich...great video will create more interest and investors....
Very nice! We think a like! Nice stack btw!
Dont you get tired of gold sitting at home doing nothing when you could put money into a growth mutual fund that will make you rich?
very excited to get my first gold coin in the mail soon! 1/4 oz eagle :)
Nice choice! Congrats!
I've purchased a gold Thai Baht necklace a few years back...even with the increased premium over melt that I paid then...I can liquidate it today for more than what I paid then; I am not upset for having picked it up.
you should make more videos like this one
Just bought a 1/10 AGE the other day. I want to get every size of AGE.
Everything you said makes perfect sense and that’s exactly what I doing. I was all over the place with silver coins when I started, then I realized that I can afford fractional gold.. And after that I never looked back. I converted most of my silver and “collectible” US coin into 1/10 oz AGE and I’m very happy I did that. It takes way less space and it’s so much easier to liquidate than 1 oz gold. Still have some silver, but gold is gold!.. :)
Nothing wrong with frac gold at all! I like it all and I get what I can afford at the time!
Cheers
not bad at all
When it comes to gold, I subscribe to the old adage, "One in the hand beats two in the bush". Depending on your financial situation, a lot can happen in the amount of time it takes you to save up for (1) 1 oz gold coin or bar. Personally, I'd rather have even just one or two tenths of an ounce than excess fiat (above and beyond my emergency cash stash) sitting around waiting to be converted to real money if the spot price and/or premiums were to sky rocket, or things were to go south. Additionally, while it cost more in the long run, my first ounce came the hard way (1, 5, and 10 gram bars), but I felt quite a sense of accomplishment... For what that's worth.
Thanks for sharing your story. I also agree with your thought process
@@floridastacker I appreciate that...Thank YOU for all that you do to help keep the stacking community informed and educated.
Went to an LCS last week and they quoted me $270+ for a 1/10 ounce.
Laughed and walked out.
Hey Florida Stacker, could you show a comparison between the size of fractional gold and everyday regular coins side-by-side?
Don't forget about 20 Francs and British Soverigns
good options for fractional
great timing on this video Speg posted a video on a challenge of buying 1/10ozt gold a month.
I don't worry about the premiums right now. I plan to give my coins to favorite children and grandchildren.
Totally understandable!
Why wouldn't your rather give them appreciated stock?
I do get tempted to buy fractional gold sometimes because I could buy gold in shorter intervals. But I always choose to wait until I have enough saved up to buy a 1 ounce gold coin.
I buy a 1/10 AGE for every 10 ASE’s I get.
That sounds like a great recipe. I think I’ll try that as well. 🙏🏻Thanks for sharing that.
Some great advice. A great way to get into gold. And really when you compare the premiums to silver....don't get me wrong I stack silver too, but fractional gold is a great!
Sure is! True buddy
I stack silver regularly until gold went on sale below 1840 I started stacking more 1/4 oz gold. I like to buy the 1/4 oz and even the 1/10 oz. I dont buy anything larger in case big brother lowers the $ amount for 1088 forms like they did spending more then $10,000. They already tried to get it to $600 but it didnt pass.
I've recently bought these tenth oz coins they will have a purpose in the future. I believe they will be the easiest to barter and bye things with.🤷♂️ if you can having a variety of sizes is the way to go.👍
A few weeks ago I traded 9-1/10 oz maples for a 1oz RCM bar. My LCS can’t keep enough 1/10 oz in his inventory.
Greetings from 🇨🇦.
Nice! Happy with your Purchase?
When SHTF, you will need something to barter with. Having a full range of fractional gold makes it easier to part with the coin. IMO.
I agree and am working toward that
When shtf you had better have other barter items like socks, tools, ammo, guns, food, etc... Keep your gold and silver and survive until the other side of the storm.
If you are seriously worried about that, you'd be better off buying guns, ammo, ... there won't be much bartering..lol
You are watching too many mad max movies.
If and when we get back to the premium levels we had prior to 2020, everything changes again. The spread (on premium) between a 1/4 and a full ounce coin was relatively minimal for years. I gave up $60 in extra premium in a trade from quarters to full ounce coins. Have a good weekend, Florida!
You too 2is1!
Fair point on silver premiums vs fractional gold premiums. I’m aiming to have 200oz of silver first and then prioritize gold but quarter ounce is the highest I’ll be paying on premium per ounce.
1/4 is a great starting point. You can actually feel the weight unlike the 1/10 and its nice to have $500 in value in such a small coin.
Very nice collection I have a 2023 American Gold Eagle 1/10 oz What’s a reasonable offer for some quick cash If I decide to sell it
Spot + $10 to $25 over is what you can expect right now.
I started buying buy the 5 gram bars in late 2020. It takes 31.103 grams for 1 Troy oz of gold. I can acquire 2oz of gold a year buying 5gram bars 12x’s a month. My job allows me the opportunity to but two or three extra 5 gram bars in two separate months. The rest of the year when I can afford to I buy an extra 5 gram bar a month I do buy.
please explain, to a new person, why you would buy 5 grams 12 times a month, and please show the math, of how buying 12 times a month, or 144 times a year, only adds up to 2 ounces?
First
Thank you, Florida Stacker! Where do you recommend I buy gold? I'm in Vero Beach.
Ahh man, I'm in the Orlando area. Not sure honestly as far as local to you. Sorry! If you are ever up here I have a few to recommend
Is there a missing reed on the Fractional Gold coins? I thought I heard somewhere there was one on the 1 oz for security. Thanks for sharing the “ The best gold coin to buy is the gold coin you can afford” Awesome video as always.
I am currently stacking one 10 oz silver bar per month and purchase gold when budget permits. I am in Law Enforcement so obviously I am working with limited disposable income.
That's a great goal buddy. Thank you for what you do. I back the blue 💙
I really like 1/4 and half gold! Such a easy and convenient transaction for life’s emergencies but with the last dip who can turn down 1/10 for 204-220🤷🏻♂️ i think people need to let go of the premium issue and look at fractional gold the way they do constitutional silver! I mean if shit hits the fan or precious metals double good luck with them silver kilo bars and 1oz gold coins... but you said it best “stack accordingly” if you can afford em great but even if you got 50 1oz eagles youd be a fool not to have at least a fistfull of 1/10ozrs
how many coins are a fistful
Awesome Vid. I'm doing exactly same thing right now. Where do you your 1/10, 1/4 and 1/2 UST gold eagle tubes?
fractional gold in my experience has been handy for when you wanna sell but don't wanna sell a whole ounce of gold.Sometimes u just needs a couple hundred dollars and not $2000 dollars.Once your coin is gone..it's gone.
why can't you buy another when times get better?
It would be nice to fill a mint tube.
Yes it would! Working toward that
I bought 5 1/10 gold britiannias a couple days ago, it was great
Great, sure, but it would have been better to buy an ounce for less premium, don't you think?
My plan is to buy bulk on the fractional bars and coins then sell privately to people and still make profit . Without government taxes and interference
If you are buying in bulk anyway, why not pay less premium with larger coins, sell privately, and make more profit?
By the time I would have managed to save around £1400 with my spare cash range for 1 oz without it getting blown on other stuff I’m sure the cost would / could rise more than I would lose on regular 1/10 oz purchases
Exactly...buy Gold when you feel it is right for you. Life is expensive.
I’ve been buying 1/10 oz gold AE for 25 years! You couldn’t guess how many I have? 👍
Problem with fractional gold is you pay a premium on each coin and a Minting Fee. So, you pay much more for 10 1/10th oz. gold coins than if you buy a 1 ounce gold coin. You'd be better off to buy a valcambi card that breaks in 1 gram fragments. My opinion....thanks for your video
That's looking at it Soley from the value perspective in my opinion. The utility aspect is that Silver Stackers buy Fractional Gold. It's within their budget making the coins incredibly easy to sell. Also, those premiums you mention evaporate over time as Gold spot price rises and you get the higher premium back when selling 10 x 1/10th oz Gold Coins vice 1 lonely 1 oz Coin. Obviously if you can afford to hold wealth in 1oz Gold that's the standard. But many are quick to call out the premiums and leave out the added utility factor and premiums returned when selling over spot.
@@floridastacker Yep, I have to agree, fractional gold has its place. My strategy has been to buy gold in 1 ounce boullion i.e. eagles, buffalos and then several monster boxes of silver eagles and $100 dollar face bags of dimes and quarters. The "junk silver" is for buying everyday items, i.e. bread, batteries, etc. The gold ounces are to take advantage of the assets on fire sale that will happen when people are starving for liquidity. Y'know, during the inflation in Weimar, Germany, 25 ounces of gold would buy a city block. So that is why I have the gold in ounces. Also it is easily moved (a lot of value in a small package). You are right about the premiums being negligible if the price of gold soars, but, my strategy is to hold a lot of junk silver to make everyday purchases. Also, I bought a couple of Valcambi 50 gram bars that you can break off like gold chocolate bars in i gram pieces.... All the best.
@@jimjohngirard The Weimar republic did not have nuclear subs and aircraft carriers to back up their currency. Think about why you are preparing for something that is very unlikely to happen in the USA.
Fractional gold is always good to have. Got a mix. I actually don't know exactly how much is fractional. My LCS doesn't gouge me real hard on fractional. The last 2 full oz coins I actually got for $50 under spot and they're MS 70 PCGS FIRST STRIKES. NOT from an LCS. Bait and switch but I didn't switch. And yes they are real.
I think the most I paid for a 1/10th oz gold eagle was $95. Bought a lot for $79ea. The premiums dont sting as much over time. :-)
I buy 1 or 2 .1/10oz gae a month ... trying to fill a tube so I'll have 5 oz 😎. Just chipping away man , keep stacking
read about commitment bias
Premiums on 1/10ths have been fairly reasonable recently - especially on Phils and Britannias It's not easy for most people to save up 1900 bucks for a 1 ozt coin, and tenths have been in the low 200's recently. I don't recommend 1 gram bars, though. If you can save up 80 bucks for a gram - it's better to wait and get that tenth.
Yes a tenth is as low as I go unless it's a collectible
@@floridastacker maplegrams are cheaper, premiums wise, than 1/10ths. Blows my mind that grams carry less premium than 1/10ths. That said I still prefer 1/10ths. The grams are just so damn tiny
I have to stack 1/10th oz to round up my Gold Sovereigns over 1Toz. 1 for every 4 sovereigns.
Besides a 1/10 oz is going to be worth way more in an SHTF econonic collapse scenario.
That said the really small fractional - E.g. The 1945-47 Gold Peso's just aren't worth it.
"Besides a 1/10 oz is going to be worth way more in an SHTF econonic collapse scenario." What is your reasoning for that conclusion? In a scenario where everyone is trying to barter with gold, the supply of gold will be high, and thus the prices will be lower.
I have gold ounce coins, I have a prepper mindset and collect fractional gold for that reason
Please clear up the discrepancy; do you have ounce or fractional?
@@DrSchor both
You know in the movies when you cringe seeing the hero give out his last big gold coin for a bribe or something… that’s why you have fractionals and silver. The Witcher gets paid in gold
Which movie is that?
I just picked up a 1/10th Britannia. Beautiful coin.
Its not just about getting the most you can afford. In truth, any coin under a half oz is a ripoff, and if you are holdng long term (as you shoupd be), then spot will absord whatever premium youre hoping to recover.
5g and 10g mint bars are great and so are sovereigns if you need coins.
why do you want spot to absord anything. sounds bad. very bad very scary bad
As a rule, the gold bars are a little more economical. They're not as pretty but they're a better value for straight bullion. As for coins, the Austrian Philharmonics are the best value. Like the man says, it might be easier to sell a fractional than an ounce coin or bar. 5 gram bars don't cost a whole lot more than tenth ounce coins. I don't recommend buying anything less than a 5 gram bar.
Yeah I may get into the bars in the future but I agree and usually buy no less than a tenth oz
@@floridastacker , they cost way too much of a premium but just a few 1 and 2 gram bars are good to have if you need to "make change" some time but they are too pricey in terms of investing. Just a few. No more.
Just bought my first peice of the shiny yellow metal..was i dumb to pay 98$ for a 1/25 ounce ?..edit also how is it buying from eBay ? Trustworthy cheaper premiums?
Ehh it's all good! I'd stick to 1/10oz and higher but that's me! Liberty Coin, Bullion Exchange, Pinehurst Coins all winners on eBay.
you from florida?
The premium on the 1/10 is $70.00., that's a lot
Where is that, Debbie? That is a lot.
That's what junk silver is for.... Stacking is not coin collecting
Absolutely. I get a decent mix of Stackers vs. Collectors on the channel. I am a 95% Stacker / 5% Collector myself.
@@floridastacker Stacking is investing, people become coin collectors by default
Im no stacker and a complete newby but I find that even the lowest premium on the 1/10 ounce gold coins makes you end up at $1000 over premium of just buying a 1 ounce coin. Im struggling with that one. *Correction, $800/$850 over premium depending on the coins
Hmm. I can grab the most expensive of the 1/10oz at Liberty Coin for just about $205 per coin. Or the Kangaroo or Philharmonic for $201 at JM Bullion. That's a lot less than your quoting. Also, fractional gold has more uses than just being compared to 1oz. What if you need a new tire for $250 and only have a 1oz Eagle. This is where a 1/10 oz or 10 oz silver bar works.
@@floridastacker It is smarter to pay for your tire with cash than with a coin you have paid a premium to obtain, is that not so?
1 oz gold coins?!?
The premiums are sooo high.
Just stack 10 oz rhodium barz
Ok Bill Gates...