Hush

Really good points again. I have to say, coming from the crypto market, that the similarities between gold/silver and BTC/altcoins are quite sound. In short: BTC, as gold, is king and everything else pales in comparison, but there's one reason why many people tend to buy other small-cap coins: the margin of growth or the extra gains you can get relative to those you would get buying the same amount in BTC. But the real problem in the case of PMs is of course the size of the stack. I bought 1 gold coin (say 2000$) and 15 silver ones (say 500$) and while I was thinking how much easier it would be to buy more silver every time I have few hundreds euros left (instead of 'saving for a gold coin'), I immediately realized what a pain it would be to keep storing all that silver for years if not decades to come. And all for what, a possible (totally not granted) extra gain over gold? I don't know, but I probably like that gold coin a lot more than those shiny 15. I'm not regretting anything, but I won't be carving my walls out to fill em with safes to fill em with silver. Which is a pity to be honest.

Thanks a lot, I'll certainly look at performing those tests. Weight and measures are right and I'm sure it's all fine. I just gave it for granted that when buying PMs you get a certificate of some sort. I still believe bars have it though, since I saw some youtubers showing them as part of the package/blister. Do they all have it, or just some (and which ones)?

I just received my first coins, all 1oz 'gov mint' one (not sure that's the correct term) like Kangaroo, Britannia, American Eagle... and to my mostly clueless disappointment there was no certificate of authenticity of sort, just the coins in a soft plastic envelope and the shipping invoice. I'm pretty sure there's nothing to worry about, they all look good and I think the seller is ok (celticgold btw) but if anyone can confirm that'd be much appreciated. Thanks again.

Talking about premium

Ok here's another one: I haven't seen 1oz gold Bitcoins here in the EU (I've seen some in the US). Any idea where I can find some or at least know where to look for? Speaking about gold coins, am I right thinking that I should consider only 1oz ones if I want to own something with a good resell value (thus ignoring all the 1/10oz ones, 1gr ones, 3gr ones...)? For bars I believe it's different, meaning that as long as they are quality bars and certified, I can buy any size I want, from 1gr to 1oz and sell them easily. Correct?

Thanks everyone. I don't have a whole lot of time to spend reading and watching yt videos but this sunday afternoon has been very informative. I understand a lot better what is premium (besides the obvious manufacturing cost) and why it's a lot higher on silver. I also understood which are the best coins and bars to buy for actual trading purposes. Not that I'm gonna speculate on the price but if any bankageddon is coming (and it is coming) I wanna hold something that I'll be able to sell. Collectibles are absolutely awesome but definitely not my thing rn.

Hi there, finally I decided to take my heads off the trading charts and use some on my hard earned money to buy something tangible and shiny. Problem is: I have no idea about what I am doing. Since it looks like there is no 'newbie' section I'd like to use this thread to ask a couple of mostly harmless yet very noobish questions. First that comes to mind is: I understand all the 'self-custody' argument and I endorse it wholeheartedly, but as far as I have seen coins and bars (both in silver and gold) cost a pretty hefty premium compared to any type of paper-metal. 1oz silver coins go for 30 to 50 €, 1kg ingots for 820++ €. The spread on gold is not as outrageous but still remarkable. How do you justify paying such a premium? Is this a hobby for collectors or 10+ years hodlers only?