FullMetalJacket

Congrats @BedMac

Trust me, I know. I bought a single 1oz Britannia for way too much so I could have something in my hands, otherwise would've bought tubes of coins at high premium.

Depends why you bought them. If you like the look, then the investment side isn't that big of a deal especially if you're keeping for a long time. But if it's for investment purposes, silver premiums are stupid high right now that it doesn't make sense to buy. 

12 minutes ago, RAD said:

Hi everyone, noob here and I just wanted to know if these are a good deal: https://www.bullionbypost.co.uk/silver-bars/5kg-silver-bar/5-kilogram-beest-value-silver-bar/
 

Trying to shift a portion my funds into my first purchase of silver (purely as a safe haven) and looking for best value out there. Any feedback would be greatly appreciated

28% Premium (price over silver spot price) seems way too high for a 5kg bar of silver. I'm pretty new at this but this doesn't look like a good deal. Hopefully others with my experience will reply too. 

https://goldsilver.be/en/platinum-pd-rhodium/2329-1-oz-platinum-kangaroo-2020-5.html

£755 or €852

Is this a good deal? 

29 minutes ago, Danny-boy said:

Because they are pretty much the cheapest silver available from a reputable dealer (or anybody else for that matter) at this present point in time.

Why worry about "before lockdown"? We are talking price and availability now. I understand what you are saying though, it's a psychological thing. Even if somebody offered me a sovereign at spot today, I couldn't bring myself to buy it and would rather somebody else had it. Why? Because a few years back I was buying sovereigns sub-£200 and I can't mentally overcome them being £340-350 now. They are a good price, no doubt, but I have a mental block.

Anything around the £16-17/oz right now is a steal at current prices. 

Not sure why I don't have the same mental block with silver. i have a screenshot on my phone of a monster box of maples when I was planning to buy a monster box. £5765 delivered for 500oz. That's £11.53 an ounce at my door. 

You know what I mean. Premiums jumped post lockdown, not to mention the increase in gold. 

Under £6k for a monster seems more like a dream than reality now. 

Thanks for your answers. Really appreciate it. 

13 minutes ago, Danny-boy said:

Can't believe these are still available.

What are the newbie questions?

Why you can't believe these are still available? What makes it a good deal?

Before this lockdown and premiums going up, how low were premiums on items like this?

Asking so I develop an idea what good/bad prices are and can jump on good deals and avoid the bad ones.

2 more kilo coins on Chards

~25% Premium with postage - https://www.chards.co.uk/1998-silver-kookaburra-1kg-perth-mint/11524

~29% Premium with postage - https://www.chards.co.uk/1994-silver-kookaburra-1kg-coin/7019

Let me know if anyone grabs either/both. Got a couple newby questions 😁