FourNinesFine

6 hours ago, GoldDabbler said:

It's nationwide as far as I know. Bars, Brits & sovs. You can buy discreetly by asking for a sovereign or whatever you want at customer services. Fill in a form, flash your membership card and pay. Great way to build a stack with little effort or worry about getting a fake gold.

 

 

 

 

 

Well, I never knew that. And I've been wasting all my money on bulk toilet rolls and hotdogs! In all seriousness, I will be checking my local one next time I'm there.

17 minutes ago, stefffana said:

Hi, @FourNinesFine

My advice is to go for sovereigns. Indeed, are more liquid, easy to buy, easy to sell. I will try to give you some "tips" from my experience:

1. If you are buying them from dealer, buy only brand new and put them in capsules. Will sell very quick on forum if are looking as new. Also, keep all your invoices for more confidence for buyers. 

2. If you are buying from private market, avoid marketplace and ebay if your experience level is not very high. Buy with confidence from forum and you will be fine. Avoid bad looking old sovereigns, are difficult to sell them if is not a very scarce date/mint. Also, you can find very good deals of very good quality pre-owned sovereigns on Chards and Atkinson's, especially on bundles.

3. If you are pure stacker, do not get trapped in collecting old sovereigns. There are hundreds of types, kings, young/old/veiled heads, several mints, dies, ect. It is amazing, fun, interesting, but expensive. You will be reluctant to sell because you will broke a date run, and it is possible to not get back the expected money.

4. I will suggest you also to not avoid buying another well known low premium gold coins, as a lot of 10 and 20 francs/lire LMU or another well known world coins if you see them on forum at a low premium. Are as well, very easy to liquidate

What can I say more?

Happy stacking, my friend!🤗

Kindest regards,

Stefan.

 

 

 

What fantastic advice. Thank you.

Especially regarding the capsules as I would have likely seen these as an unnecessary expense before your explanations.

May I ask... is this why 'grade c' coins are generally not seen as investment gold despite it being the same weight?

Thanks again,

FNF.

9 minutes ago, Shep said:

is there any particular reason why you are prioritising silver over gold? (Genuine question).

Silver often seems to play the part of a middleman gateway metal for new stackers.

Hey Shep,

It's a good and valid question and I'll try and be honest in my reasoning. Just be gentle with me if what I say doesn't tally with conventional wisdom (or makes me sound nutty). As I say, I am brand new to this.

I think the easiest way to explain my thinking is just in terms of 'time'. I see gold as a means of providing long-term wealth insurance, and when I say wealth, I just mean converting what I have from FIAT into PM - I am not a 'wealthy' person.

So with gold, I'm looking at what it could mean to me either in retirement or in handing something to my children. Which means I can just add to the stack sequentially over the years, topping up in whatever quantities I can afford.

With silver, it's more about more immediate protection. Having a means of currency / barter that is outside of the traditional banking system, but in denominations and with a value that is much easier to use for smaller transactions. Plus...assuming the 'end-times' don't arrive any time soon, it's something that I'd be happy liquidating in line with any of the 'spikes' that may occur in the silver price in the future. As stated, once I hit my (arbitrary) target of 100oz silver, I'd be looking to rethink.

That's it really. As I say, I'm really only just dipping my toe and looking to balance the near future with the long-term future.

And for what it's worth, I find silver more aesthetically pleasing - but that's by the by. 

Thanks for taking the time to reply, I appreciate it.

FNF.

Thanks everyone. This is very much what I thought in terms of liquidity with it being fractional, as you say.  I just wanted to make sure I wasn't missing anything more fundamental.

Thanks for helping out a noob.

Hello,

I joined TSF this week, following my first PM purchase - 20oz of silver (20x 1oz coins, split beetween Brits and Maples).

My invsting strategy (such that it is) is to channel the majority of my 'discretionary' monthly funds into silver 1oz coins until I've amassed my first 100oz and then potentially look at some low-weight bars etc. to build a hopefully liquid silver portfolio.

On top of that, I was planning to channel some 'bulk' funds (less regularly) into gold, with a view to diversifying the portfolio some, and maximising the wealth protection / future-proofing aspect that gold allows due to its lower premiums and non-VAT status.

My question then, is why do Sovereigns seem so popular, over and above 1oz gold coins?
(Acknowledging that this could be a fallacy, but this is at least how it seems to me when I read / hear people discussing it.)

My assumption is that sovereigns are more liquid? The reason I ask, is that I'm sure it's a sensible rule of thumb to get the most 'oz' for your money - at the lowest premium. On that basis, the 1oz coins seem to come out on top on both counts.
I'm ruling out 0.5oz coins as an option because the premium for these jumps right up.

So if I were looking to make my first, modest foray into gold stacking, should I be looking at Sovereigns or 1oz? Or is it simply dealers choice?

For clarity, I'm obviously looking at bullion, not proof.

Thanks in advance.

FNF.

4 minutes ago, TheShinyStuff said:

silvertrader.uk

Run by Martin Whitehouse, he's on this forum, but not actively. If it's the 1st series QB red dragon you're after then place a wanted ad in the trade section. I'm sure there will be plenty around. Good luck.

Thanks for this, much appreciateed @TheShinyStuff

I didn't think I was able to use the trade area as I'm not a premium member. Will investigate.

Thanks again,

FNF.

11 hours ago, Rugbyplayer said:

Coin courtesy of Silver Trader. Exceptional service as always and by far the cheapest out there once you add the codes from his newsletter 😀

 

Could you link Silver Trader please? I'm new around these parts and couldn't find that username in the member directory. I'd be interested in signing up to their newsletter (and seeeing if there were any Red Dragons available)

Many thanks,

FNF.

Hey Stelios. Welcome to the forum.

Cyprus is one of myy favourite places to visit - but it has been a few years now since I was last there.

I too fell down the same rabbit hole recently.  Enjoy!  😀

31 minutes ago, dikefalos said:

Still one of my favorite coin series. Sixth issue of the "AUSTRALIA AT NIGHT" series, the Leadbeater's Possum. 1000 mintage, nice for a 1 OZ. Lovely coin and a great addition to this series and my collection.

The detailing is amazing; the tail is exquisite

5 minutes ago, ryanp007 said:

I can meet you in the middle and sign a hard-boiled egg myself. Similar market value to a Faberge, honest!

No good for me either. The only thing I like hard-boiled are 1940s noir detectives!

18 minutes ago, LawrenceChard said:

I've got a Seedless Easy Peeler, 

And I know you won't let me down
'Cause I'm already standing on the ground.

😎

Sensational!! 😂 I presume you're quoting their smash hit, "Flake it easy"?

Welcome @rElks !  And ditto on the conversations. I'm just trying to blend in and not look like too much of a tourist among all these seasoned veterans. 

Hello, and welcome!

Welcome @Agaupl from a fellow noob!

12 minutes ago, Agaumac said:

Great intro. Fine start four nines, you’ve definitely arrived amongst like minded people, enjoy 

It definitely feels that way already; folks have been very welcoming.

Thanks for dropping me a message. Good luck with your continued stacking / collecting.

FNF

12 hours ago, MagnusOpum said:

Buying precious metals, for me, is a way of spending my money on savings. As opposed to spending my savings. 

I think that makes sense...

Absolutely makes sense. This is exactly my current frame of mind. IK hope your stacking is going well.

Thanks for the message.

FNF

Given that my investmenemt journey into Silver began with some of your Youtube videos only a few short weeks ago, there's some nice symmetry to this being my first forum post.

I'd be delighted to be on the waiting list for one of your poured bars. What a lovely way to commemorate the year I started.

(For what it's worth, I'm now the proud owner of my first 20oz of silver - thanks in part to the passion and expertise for stacking that you demonstrate in your videos.)