Mightymogs

Tavex now at 24.20 Inc vat per Brit. Not too shabby.

Tavex now at 24.20 Inc vat per Brit. Not too shabby.

Tavex now at 24.20 Inc vat per Brit. Not too shabby.

Tavex now at 24.20 Inc vat per Brit. Not too shabby.

Very valuable that.

Im gonna set a signature saying just that as I know a bit but at the same time nothing about trading and investing really, but its easy to believe people with a bit more skill than you. I fell for one members pumping and stupidly bought a blockchain stock - currently at -85%. £1000 down the pan. I think he came up with £1 million quid Bitcoin thread, which sums up his bandwagon sentiment.  

Many thanks Sid's. Good points well made. I think the love for owning a piece of history tends to over ride a fair amount of investment potential. Some are massively overpriced, yet some are reasonable. A little like the bullion coin market I guess, but the mainstay of bullion is the almost certain upward curve of PM's price over the long term. I think a fair amount of research is required here and maybe the odd targeted bargain hunt. Food for though indeed 👍

I wish the future was!
😎

Thank you Lawrence 👌.
Think I'll enjoy learning more and more about this. I really love the idea of history being your hands 😁👍

Yes, Jersey.
You can dig them up by the shovelful.
https://en.wikipedia.org/wiki/Grouville_Hoard#:~:text=The Grouville Hoard is a,Jersey in the Channel Islands.
😎

Great day today when these beauties turned up (obvs not to the same photo quality you’re used to around these parts). First of each type of coin in my stack. Could easily get addicted to the weight/feel of the full oz Brits! Thanks @James32and @kneehow2018 Also thanks to @modofantasmabut couldn’t get a decent pic of the remembrance 1/4 sov but that also turned up today

I would go with bars.If you are thinking long term investment coins can get damaged in many ways so can capsules.Some capsules are impossible to replace. Most buyers dislike toned silver coins(which could happen over the years) but collectors prefer toned and banged up bars:)
Most of us as newbies started off with collecting coins as they are nice and shiny but soon almost all moved to bars.
 
Good luck with your stacking:)

Many thanks for the clarification ☺️

Good stuff, the only thing I need to get my head around is that gold is so much smaller than silver 😜

I'd always pick coins over bars - diversity is key. The more potential buyers, the easier it will be to sell.

For me coins all the way when it comes to liquidity for re-selling, Sovereigns or Britannia's, they are just so well known in the UK.
Certain gold bars have a reputation for being faked, like the Lady Fortuna PAMP Suisse bars, ebay is probably flooded with them!
I guess ultimately as long as you have a little something tucked away no matter if its coins or bars you are on the right track 👍

Don’t worry or apologise - I was a little short of time but wanted to help!
Best
Dicker

My opinion: I'd choose coins by a long shot. 

I reckon in 15 to 20 years gold in any format will be sought after and hard to get hold of in the physical format. 
 
coins have the added benefit of being cgt exempt (sovs and brits).
I say get what ever you like and feel comfortable buying, a mixture of both coins and bars can’t do any harm. 
 
What ever you decide to do I think it is very important you enjoy life/wealth or pass it on. I cry when I read stories on gold being found in the cupboard or behind a piano. 

 
 

Take a look at the forum - discussed many times before.  Consider:
- Tax
- Liquidity
- Any numismatic value
@LawrenceChard Used to have a page titled something along the lines of “Why buy circular bars”.  Worth googling because if it exists still, it answers your question.
Best
Dicker

My philosophy on investing is, observe where everyone else is heading and do something different. If all the money is heading somewhere it tells you one of two things:
1) It's soaking up investors and you're heading into bubble territory.
2) You're late to the party.
The best money is made by finding something before it becomes an investment.
Unloved and unpopular things have the best potential. I might start hoarding genuine 1970s wallpaper - at the moment no one wants it. 😁

I definitely agree, however for me the PMs just feel slightly more stable and I don't mind the long haul. Also the conflicting information surrounding the viability of BC as a payment method, tends to put me off. Most of my money was in BC as the daddy. I'd definitely keep an eye on the latest information surrounding up and coming tech though. But for now the PMs get the nod, especially with the crash coming.

I am definitely in PM's for the long haul. My issue with BC was that I fear for its future in that it's not tangable. Nor are other forms of money but PMs are shiny and you can hold them. Therefore as a certified magpie I've cashed most of the BC out and bought PMs instead. 15-20 years is my plan. Although I haven't quite worked out the exit strategy yet 😉

I am definitely in PM's for the long haul. My issue with BC was that I fear for its future in that it's not tangable. Nor are other forms of money but PMs are shiny and you can hold them. Therefore as a certified magpie I've cashed most of the BC out and bought PMs instead. 15-20 years is my plan. Although I haven't quite worked out the exit strategy yet 😉

I am definitely in PM's for the long haul. My issue with BC was that I fear for its future in that it's not tangable. Nor are other forms of money but PMs are shiny and you can hold them. Therefore as a certified magpie I've cashed most of the BC out and bought PMs instead. 15-20 years is my plan. Although I haven't quite worked out the exit strategy yet 😉

I wish I could have given you a quick answer from memory or contemporary notes, but I had to do some research including price look-ups, which are more easily available in US dollars than in pounds sterling, so I would also need to find historic exchange rates, feed them into a spreadsheet, and more.
I think my first awareness of silver prices, and silver content in coins, was about American coins, probably because they were still using 90% silver in coins up to and including the 1964 Kennedy half dollar.
The Silver Institute https://www.silverinstitute.org/silverprice/1960-1965/ has this:
"Once the Treasury stopped selling at that price, market quotes for silver quickly rose. In June 1963 the Treasury replaced the $1 silver certificate with Federal Reserve notes. By 1963, silver prices reached $1.29, the monetary value of silver in coinage. At prices above this level, holders of silver certificates would have been able to redeem them for more valuable silver, under the now-defunct silver certificate legislation. (The other trigger price the Treasury worried about was $1.38, at which level it would have become profitable to recycle coinage for its silver content.)"
I can remember silver certificates selling for a slight premium, and this must have been around 1963/4.
While checking historic silver prices in pounds, using https://www.chards.co.uk/silver-price/silver-price-history, I noticed a price as low as £0.07 in January 1932. Prices from 1792 to 1891, they had been about £0.30 to £0.20 per ounce, with a few peaks at around £0.36; I can only assume that the 1932 low was due to the Great Depression.
Silver would have need to be above about 0.30 per ounce to make pre-1920 coins worth a premium for their silver content, and back then we were not aware of anyone stashing silver coins as a precious metal investment, mot of the market activity was aimed at scrapping it, and refining cost could easily have been as high as about 20%, meaning prices above about 40p would have been needed. This was reached in 1960, but I was never aware of any big volume market.
For pre-1947 coins, spot silver would have needed to be above about 60p, and this was reached in 1966. Again, I was not aware of any volume market until later.
I can see that spot silver was £1.88 per ounce in January 1974, and I can remember having an extremely busy period, or about 6 months during 1974, which entailed 16 hours working days, with perhaps 12 hours on Sunday. At one period, we were shipping up to 1.5 tonnes about 3 times per week, to be scrapped. Some time before that, we did sort through bank bags, and often got about 20% yield of pre-1947, with a few pre-1920 finds.
Before the end of 1947, most tof the pre-1947 coins had all but disappeared form circulation, although some still turned up from bank's old "bullion" stock reserves.
By the time silver hit over £21 in the crazy Bunker Hunt days of 1980, most of the scrap silver we handled came from silver items such as cutlery, trophies, tea sets, etc., rather than coinage.
Some of the dates and values above may be approximate, because it is not quick and easy to find daily prices in sterling for the period.