Kitalon

Firstly I'm not a stacker but a collector so I consider it to be a hobby. I will most probably buy coins on an annual basis when the price is right for at least the next 15-20 years. Then if I'm ever strapped for cash in my retirement I can sell a few coins as required.

Here's quick a question for you how often do you check gold prices? Do you check it monthly, weekly or daily? Ever since I first learned about sovereigns back in Nov '23 I've taken a keen interest in what the gold markets are doing and how they behave. I have learned a lot about spot value, price action, technical and fundamental analysis and geopolitical events, etc. I have since moved on from physical bullion/coins to making investments through gold ETFs/ETCs. I have also gone one step further and started day trading exclusively on gold CFDs, and you know what it's turned out to be really quite profitable especially in this current bull gold market. I've learned a lot about why gold prices have been increasing and have used this knowlegde to my advantage. As a newly started gold trader I can now take full advantage of not only the bull runs to the moon but also the dips and volatility as a whole. These are exciting and profitable times and I have found it to be a real opportunity to get rich on gold (something I didn't originally think was possible). I'm still developing my long-term trading and investment strategies and looking forward to quitting my job, retiring early and a radical change of lifestyle. All thanks to gold! And to answer my original question for myself; more times than can be counted, minute by minute, morning and afternoon, every day between the open and close bells. Ding ding, kerching!

I'm in no particular hurry and have scratched an itch. I have learned a lot in the last 6 months. It was fun while it lasted but I can wait. I'm the meantime I'll put my main investments elsewhere. I may buy some more coins when gold drops again or then again I may not. I've discovered that there are a lot of hidden costs and hassle in buying bullion in the form of coins. Even with the CGT exemption factoring in things like postage, grading, premiums, spot price, etc seems to largely cancel out profit, certainly in the short term. Don't get me wrong I don't bemoan gold bullion in this form, it was a very informative experiment on my behalf and it's nice having shiny gold coins to hand. But as someone on here once told me there are much more effective ways of investing, although I maintain that this is a more fun investment and hedge (but only if it doesn't cost more than spot at it's lowest point in the year). Ultimately I'd sooner time the market and back up the truck than incurring losses through DCA. But thats just my opinion not sound financial advice. 😆

Gotta be kidding right? I backed up the truck and bought all my gold bullion at the beginning of the year at an average spot of 1600. I'm very happy to sit back and watch it increase without adding to it, at least until gold comes back down to more sensible prices. I have since moved on to buying gold stocks as commodities and trading it on CFDs (gold seems to be gloriously predictable and has already made me a mint). I may add to my bullion stock in the future but only when the prices come right back down again. Playing with coins is more of a hobby than a serious investment but it's nice having them to hold, display and enjoy.

Well I'm just glad I backed up the lorry back in Feb and didn't bother with that DCA idea. 😁

Aye I loved the Firefly on World of Tanks. Flipping brilliant tank, nimble and paper thin but packs a punch. 🤣

Oh mate, you shouldn't have shown me that, it's got a Sherman tank on it. My favourite little WWII tank.

Today I received my 'free' 2023 KCIII coronation gibraltan half-crown coin from LM. A nice little presentation with 4 empty slots and a nice looking half-crown. No doubt you'll be able to 'add' othersuch coins later. But I like the coin, for a free coin, it's nice enough... So where's the catch?3 (or 4) commemorative 24ct 'layered' gold crowns for £39.95 p&p, each! 😱

Thanks. Yes I saw that wondered why no one had put bid on it, perhaps they don't know what it is. Unless they do what I do and snipe it in the last 5 seconds. 😆

It will be very interesting to see what it goes for then. I took the image from RM Auctions, I haven't received any photos of the actual coin yet.

Was is a trial piece? 🤔

These rare coins are going for £295. Britannia Coin Company have a limited amount of these for sale this week. I'm not a silver collector but I've gotta admit that even I'm tempted. I'm not sure of the mintage but I thought @westminstrel mentioned them earlier, but might not have included this 2oz 'reverse frosted' proof in the list. https://auction.royalmint.com/lot-details/index/catalog/46/lot/3750

Very good rates! I don't know a lot about auctions but many local auction houses can have buyers rates of 30-33%. Wessex Coins is only 18%. Plus delivery costs. So RWB Auction only charging a 10% buyers fee is excellent. 👌 Backed by the Britannia Coin Company they seem to believe more in the collectors and the coins themselves than just the money they could earn from them. I was arranging a viewing for Saturday but unfortunately something's come up so I won't make it. Will be watching online though. 😀

God save the King! Long live the King!