Tortoise

Thanks so much for your reply and sharing your expertise. I still have a lot to learn.☺️

Thanks @LawrenceChard, as a newbie this is very useful to know. So would I be correct to assume that any special bullion coins will also end up at little to nothing more that what an ordinary bullion coin is worth several years down the line? So a bullion Queens Beast Completer coin will be worse as a pure investment and not make back more than an ordinary bullion Britannia in a few years once sold? If so, then the lesson is only pay the extra premium for the QB completer if you think the fancier design is worth it for the pleasure it gives you when you own it. (Or buy it in a few years when the premium has disappeared - if you can wait that long! 😄) I do understand though why people buy the proofs and other non-proof designs they are very beautiful.

Lovely collection! I am a newbie myself and I am in a similar position to the OP. I will probably pull the trigger on getting a 1oz 2021 bullion britannia at the end of the month. In you opinion, is it worth paying extra for the QB Completer, or should I just stick to the vanilla Britannia, for want of a better description. I feel a little conflicted, my brain says the low premium premium one is the way to go, but is the potential upside to the QB completer worth it in your opinion? Thanks.

I love the TV show 'Aussie Gold Hunters'. (You can find it on a FreeSat channel). I can well understand it is addictive. It's a good job I live in England, otherwise, I be staking a lease and be out in there in the outback with a detector.

I certainly agree that collecting the shiny stuff is is fun. Gold for me is a long term invesment and SHTF insurance to some extent too, although I think it highly unlikey they will, but if things ever get that bad, food and water might be better than gold. I just keep at least 6 months expenditure in cash and the rest in equities, bonds and a some gold. I think the premiums are too high for me on silver, but good luck with your stacking.

I am just curious, but why stack silver and worry about the premiums on it, when the premiums on gold are much lower? What are you hoping to achive with your stacking?

I doubt that much will happen on the day itself. Surely any forward looking bank would have adjusted their positions in gold in the weeks and months ahead of the date and not just leave it to be done at the last minute, on the day? If that is the case, then we must be seeing/feeling any effects at the moment, I think the day itself will be a damp squib for it's affects on the price of gold.

I cannot say I have ever used them, but there is this: https://www.sharpspixley.com/safe-deposit-boxes which may be a bit cheaper for some sizes. The trouble (for me at least) is they are in London and I am not.

Hi, It is not possible to tell whether we are at the start or end of a bull run in gold, or any other type of asset. The possibility of inflation is well known and the efficient market hypothesis ( https://en.wikipedia.org/wiki/Efficient-market_hypothesis ) says this will already be reflected in the price. (i.e lots have people have already bought gold in anticipation, driving the price up, to relect the fears about inflation.) Sorry if this doesn't help much, but my startegy is to not worry to much about the current price, but just make slow and steady investments over a long period of time so prices average out. If I don't have enough to invest in what I want in any given month, I just save until I do. Chards is a British site, but has a lot of information that I found really useful about buying gold at low premiums. Buying 2.5 gram bars will have a larger premium than say a 1 troy once bar. Since you are in New York, perhaps buying American gold Eagles would be better for you? Check the premium you would pay on them vs. 2.5 g PAMPs. Good luck in purchases.

A charge-back was what I thought of too. Just speak to your credit card company.

Thanks for the welcome everyone.

Thank you. And so true, I think I realised that when I had that first coin in my hand!

Hi, So I am new new to precious metals and the forums. I purchased a 2020 sovereign at the tail end of last year from Chards and a 2021 sovereign from Atkinsons this year. That so far is my entire stack. As my name suggests I am looking to add to it in a slow and steady fashion. My idea is to go for new sovereigns or Britannia's, as funds permit. However, I was surprised how visceral the feeling of holding even a small lump of gold was. So, although in theory I am a stacker, I do know I could easily get distracted by any beautiful gold coins. I have a lot to learn though before I become a collector. I found this place via some of the very nice youtube videos that some of you guys run. Regards, The Tortoise