Ghak94

Bought my very first coin on Thursday and have just received it. The first of many, and to say I’m happy is an understatement. 😁

Bought my very first coin on Thursday and have just received it. The first of many, and to say I’m happy is an understatement. 😁

Since you are looking to hold PMs for just over a year you are running a risk of losing money if for example gold dips a bit.
That's if you have to sell of course so I would check the regulations about transferring PMs to the USA without incurring tax or duty etc.
Your situation is totally different than just visiting so there could be rules that mean you can keep all your PMs.
In the past silver was considerably cheaper to purchase in the USA than in the UK even more so now with our 20% VAT.
However some dealers, Apmex for example, seemed to get greedy and bumped up their prices making them often more expensive than buying in Europe.
Look for the other big bullion dealers in the USA and compare prices for silver and if you can buy cheaper in the USA have the silver shipped to your father-in-law. Silver is presently considered cheap but gold sovereigns would be my choice if buying gold right now.
Gold coins and bars ( keep the weight to 50g ) are bought and sold on relatively small margins of a few percent and are very liquid.
You can buy gold online instantly and sell instantly with cash in your account literally the same day.
You show you live in London so check out sites like Hatton Garden Metals, visit them in person or drop into Sharps Pixley, for example, where you can buy over the counter. If you are purchasing a significant amount of gold e.g. above £50,000 in one tranche then definitely call BullionbyPost, Atkinsons and Chards and see if they will give a little discount as every bit helps.

Thnaks, I'll be sure to give this a read 👍