GoldDabbler

What do parents expect? They make you spend the first few years of your life being taught about money and how to spend it and then give you money and expect you not to spend it.

1p, 2p, 10p, and 50p. He must have liked them because he framed them using the back of a cereal box.

Kids being kids they would probably do what I did when I was given my dads 'coins of the realm' collection, as they were still in circulation I spent them. On a comic, a packet of Space Invaders and a Strawberry milkshake.

I don't understand the point of collecting proof coins. A whole heap more money for a wooden box and some extra paperwork. I understand the coin gets a better fluffing than its bullion counterpart but even so, the bullion coins I’ve bought up to now have been top notch, even under a magnifying glass. No marks, no scratches, pristine. And very collectable.

It's what us old folks had for entertainment before the internet took over the planet. Simpler times

To date I haven’t ventured past Costco and the Royal Mint. Although I’m quite eager to try private sales as most sellers on here are probably not home invasionalists. Also, I like a bargain and anyone looking though my house for gold would be looking in entirely the wrong place. And I’d be happy to direct them to where it’s kept. A grade 10 vault lol. On a serious note I do understand your concerns. Chatting about gold acquisition on a public forum seems counter intuitive. In fact I’m talking myself out of making any online purchases at all now lol.

This sov collection lark seems to be a minefield. I need my hand holding until I find my feet lol. I’ve just bought a book on sovereigns. No idea how it will help me but its a cracking read.

I don’t think it matters what they’re dressed up as if they have shenanigans in mind. I try not to be too paranoid about what people may or may not do. Not worth the sleepless nights.

Could the shop not tell if they were fake or not either? Are you sure your new coins are genuine?

It makes me want to cry. When I think about the £££s wasted on beer, clubs, pubs, poor quality restaurant meals and holidays spent pished and best remembered for arguments, I wish I had stayed at home with a fortune tucked away someplace. instead. Anyway I'm repeating myself so I'll stop banging on lol.

Everybody and their wife knows anyway. From the postie who's seen enough parcels to know what's what and where it came from, to the kids at school telling their friends 'Dad's got gold!' to your mates and neighbours who casually wander into your home while you are pawing your latest sov before dropping it off at wherever people store these things, and not forgetting the spouse who always gossips to her workmates and fellow gossipers that they're, we, you, are investing in whatever you invest in. Best solution all round is locking it someplace with a lot of metal and a lot CCTV. Preferably a long way from home.

That's the thing isn't it? A trip into the city and making a day of it. Spot of lunch, bit of a sight see and leave with a feeling of accomplishment. I don't feel so crazy now lol

Why is gold so precious? Because we're told it is. And that's good enough for me

Seriously, is it worth taking chances storing pms at home when you can rent a small box for a couple of hundred quid a year? Any insurance company willing to insure pms at home would probably charge a bigger premium than the cost of renting the deposit box. Personally I'd rather have six sovereigns in a deposit box in a secure location than ten in a shoebox at home. I also think renting a box adds to the fun. I'm more of a hobbyist than an investor and dropping a newly bought coin off at the dep centre is oddly satisfying. Then again I always was a big kid. Simple things lol

Makes you want to cry doesn't it?

Yup. If there's free samples of chicken nuggets I accidentally forget to pick up the nearby shopping so I have to go back. And back. And back. They get a bit shirty after the fifth sample but it sure keeps you going till lunch time

I wont need a pallet for my gold purchases. A matchbox will suffice.

Painful. I’ve thrown comics out from the 60s costing pennies now selling for two grand on eBay. Who’d have thought that one day they’d be a global interlinked trade system ran from a home computer where people will buy any old tat. I’m still waiting for my lottery predictions to come right. That probably wont happen either. I beg to differ Stacking the trolley with chicken and cheap bog rolls while swinging by the cash desk to grab a sov on the way out is hard to beat. True, there’s low customer pamper care. There’s no free coffee, no fluffing, no velvet cloth to view your gold on, usually its casually dropped on a pile of invoices from a passing manager who’s taken one out of the safe but! … but buying this way is a fair bit easier than making an extra trip out. More time, more hassle. Maybe Tesco will start selling gold too.

I’d rather have watched a sovereign thinking about some of the absolute tripe I watched on it. Also, I’ve got a younger sister and every time we fell out she stuck cornflakes in it. I had to bribe her to stop doing it with a fiver.

Price of sovs in the early 70s! I thought, they'll never hold their value. Better late than never I suppose. Helps me sleep a bit better at night.

I wish I’d taken my old ma’s offer of buying some sovereigns for my 18th birthday. A good few decades ago now. I went for a VHS recorder instead. Doh! I still grimace when I think about it 😕

Costco prices for full sovereigns over the past few months: 14 Feb £335.99 24 Feb £349.99 3 March £366.49 6 March £366.49 29 April £375.99 I forgot 1 April £365.99. Went down a quid. Woooo I mean 50p haha.

I'm waiting for a dip. 50p off and I'll be up there like a shot for another shiny shiny.

I can’t use TSF comparisons. I don’t have premium membership. Subscription doth beckon if I decide to start buying privately from members. I’ve popped your website into my bookmarks and will compare your prices to Costco next time I’m thinking about sticking another coin in the pot. Thanks again for all the info.

https://www.sharpspixley.com/safe-deposit-boxes