Thebearedoverlander

30 minutes ago, CazLikesCoins said:

Pretty little half sovereigns .... nom nom nom 

How long can you resist? 🤣

I’ve not seen one up close, I’m guessing there similar size to 20p coin ? 

1 hour ago, GoldDiggerDave said:

Glad to have you on board mate, first thing to do is try and get past gold being a higher price it’s not.   Not in terms of premium or spread. I’m sure you have come to release that after stacking silver for a few months.    Best thing about silver is that it leads people into gold. 
 

After the dealer premium and vat in many cases you need silver spot to double in price to see a small return this is not the case for gold.

I would rather have 1 sovereign than 14 1oz silver coins for the above reasons, as for buying a full or half, it’s down to your goals if you were you going to buy a 1/2 sovereign per month then it would make sense just to buy a full sovereign every 2 months as the premiums are better.

 

you do not get more for your money with silver you get less far less, just try and get over that mental block.  
 

also do some virtual buying and selling, just with £1000, buy £1000 worth of silver 1oz and £1000 worth of sovereigns at the start of the year and build a spreadsheet and see how they go, sell half of them a few months in and see what sort of return you would get, or how much if your starting money you would get back, factoring postage, as buying 1oz silver hear and there is bonkers expensive and a margin killer that many don’t take into account. 

I think that was my first problem, I couldn’t afford 1oz of gold straight away so instead spent £900 on silver over the course of 2-3 months…. I’m glad I’ve got it but if I could start over I would’ve gone straight for gold. 
 

m thanks for the advice. 

10 minutes ago, SidS said:

That said, mid-grade Vicky young head half sovereigns were averaging about £180 a pop back in 2017 on eBay, well above the bullion price at the time, when halves were about £120 per coin. Now though they'd be considered a good buy.

So even if you go in a little high, if you are prepared to sit on them a while the losses can be recouped on the whole.

That’s my plan, all my precious metals are for wealth security, so will just keep getting stacked up till needed. 

Just now, ZRPMs said:

Sovereigns, full or half, Fill yer boots. I like the sovereign, the half's on occasion have a bit more premium on them than the full but they are still a nice coin, and are quite easy to move on should you need to. I think full sovereigns are my choice but to be honest I pick up the halves when I come across them at a reasonable price. As @James32 has already pointed out. Premium is the key 

Again another good point. I’ve spent the last year trying to learn everything about silver thinking it’s the better option because of it lower price I hadn’t learnt anything about gold. Best get my reading glasses on 🤓

2 minutes ago, James32 said:

Depends solely on premium, if the average bullion sovereign is going right now for approximately £390, then if you can get a half sovereign for around half that "£195" absolutely go for it, even £200 is worth the purchase. Its when half the item begins to cost a silly premium £210 etc, your throwing money away imho.

Now factor in that if gold heads where most of us think it's going in 5 years time "upwards " a half sovereign will become the sought-after/affordable coin.

The easiest way to explain it is...any piece of gold is worth buying if the premium is acceptable. 

That’s a very good point, I didn’t think of it that way. I just watched a great video taking about the pros of gold compared to silver as the premiums are so high it’s almost wasting money. 

After a few months of getting a silver stack going I’m thinking it’s best to now start on some gold. With gold being a higher price and my budget not massive atm, I’m just after people thoughts on if it’s worth going for half sovereigns for the time being or should I save for a full one. 
 

m thanks in advance. 

Morning all

looking for any low premium coins or generic rounds. Around £23-£24 oz not bothered about milk spots or tarnishing. 
 

let’s see what’s you’ve got. 
 

thanks

I’ll take both maples please 

@James32 might have some 

I’ll take one off you. 

Heraeus’s still available? 

Evening all

looking for any 1oz silver rounds and 10oz silver bars 

thanks in advance. 

Evening all

i’m after 1oz silver rounds if anyone has any and 10oz silver bars.

thanks in advance 

Any left bud ? 

Thanks Chris 

Hey guys 

have been a member for a year and finally taking the leap into precious metals. Some help needed though, I’m looking to secure wealth long term so not to bothered about collectors items, just getting the most bang for my buck. Fractional would be better, any help would be greatly appreciated 👍