slinkyjynx

Sharps Pixley currently doing a 2022 Gold Eagle for only £10 more than a Britannia goes for on Chards and Atkinsons: https://www.sharpspixley.com/buy-bullion/buy-gold/buy-coins/1-oz-american-eagle-gold-mixed-dates

No doubt. I'm one of those fortunate few that locked in a very low mortgage rate for a good few years. Even right now it's lower than the current rate of inflation, so I have a smile on my face when I think of the bank losing money on my behalf!

Philharmonics by far! I bought 10 loose from Chards earlier this year and they all look awful now. You know that look of galvanised steel when it's exposed to weather? Yeah...

Really depends on the market at the time. I see lots of silver on the forum for sale, tubes of Britannias, Kangaroos etc for ~£24 a coin taking a very long time to shift, and here we're talking about a ~£600 purchase. When you inflate that 4-5x your potential audience goes right down. Option A would look like the only option at that point, but that being said, refiners like Baird would always happily buy your silver so if you can make 70% from them...that's just dandy.

Gold vs Crypto is a really interesting topic, but you can really quickly get into the weeds across a couple of top level points: As a store of value Gold is often touted as having an "intrinsic" value, where cryptocurrencies don't. I think this is a fallacy as the price of gold is quite simply agreed on between buyers and sellers in the same way as any other instrument is (based on similar factors like scarcity, supply etc) and both will have value as long as people believe they have value. As a static or dynamic entity Gold is a physical, immutable object. It will stay the same for eternity. Cryptocurrencies are technology. Technology evolves, mutates, dies and becomes succeeded over time. I think of Bitcoin/Ethereum etc as being the floppy disk of cryptocurrency technology. It's the first mass market attempt at solving a problem, but it will be replaced by something better in time, so this has to factor into the equation. As a method of transacting Both fall short against fiat currency, but crypto has the edge here as many businesses and individuals will accept payment in Bitcoin or other cryptos, and you can easily pay in fractional amounts whereas you'd have to barter up or down to the equivalent value of gold you have at the time. There was a time when both would have to be converted into cash before you could use their value to make a purchase, but through being a technology as mentioned before, Bitcoin overcame this problem. Online vs Offline In a SHTF scenario, imagine if the internet went down: Your crypto would be useless, but gold has been a transactional currency since the beginning of time when our ancestors traded a golden nugget for some 21' diamond-cut alloys to put on their mammoth cart. I could go on and on, but in the end I think the answer should be "Why do I have to pick between them? Just own both." That's what I do.

It was one of my first gold purchases, and I have zero regrets. Would I buy another? Probably not unless they do a new design, but having one in your stack is a must. As others have said, it's a great "feeler". No glossy bits to ruin, and it's quite three-dimensional. I'd definitely think long and hard before parting with it.

I started collecting silver purely as an investment. Purely getting the most volume for the best price. Not interested in designs at all as it’s purpose is purely to protect wealth. That was then. Now I find it more appealing to collect “sets” and limited runs irrespective of price, which as you can imagine causes quite a conflict of interest between my brain and my bank account!

"Silver is the means by which people settle debts. Gold is the means by which countries settle debts" Put simply, central banks are in a whole different league to you and I.

Thanks Chris!

Not to derail the topic at all but does anyone else wish they’d abandon rose gold in favour of the more pleasant mix that the older sovereigns had? Wishful thinking I know but I can’t help but feel the new ones look too much like shiny pennies!

As with any investment I think it’s always good to diversify. Grab some AMEs, maples, kangaroos etc to go along with your staple Britannia’s. At the end of the day an ounce of silver is an ounce of silver but having a variety can’t hurt, especially when some coins demand more of a premium over others.