Jvw

8 hours ago, Blueged1 said:

I’m new here and got a couple of 1 oz gold coins ( really nice) couple of sovs ( bit underwhelming) and the ‘seven’ 1oz coins in silver. Having trawled lots of posts on here, it seems the best way to stack pm is go for gold, to avoid vat and space, probably sovs as they are easy to offload and relative low premium. My budget is around £350 per month so thinking of getting 1 sov per month. I then started looking into collecting different heads, proof, unc, bu etc and that’s when the costs get silly. Also I see grade b coins but to be honest Im not particularly bothered if the coins are scratched / worn etc after all they are really old coins! At the end of the day I suppose it’s just gold and when cashed in by my kids 😀 , they will only get close to spot so probably best for me to buy it as close to that as poss as I’m ‘investing’ rather than ‘collecting’. I see a few dealers do a lucky dip - best value coins so thinking about that too, anyone go that route, was wondering do you get different heads etc as it might make the hobby more interesting but keep costs down?. Of course this forum seems great for buying sovs tho you have to be quick. 
Any advice or opinions welcomed.
ged

I started with bullion sovereigns (still buy them) as I like stacking. They are easy to buy and easy to sell. I decided to try and get different bullion years from 1838 to now (minus the really rare ones obviously). I try and buy them close to spot as possible. And I've done that a very long time as there are so many of them and they are widely available. But a couple years into stacking I decided to also move towards the premium sovs and other coins. It went naturally and now I am at a point that spending a bit more a numismatic coin once in a while is completely okay. Whiles in the past I could worry way to much about spending a hefty premium on a specific coin. 

Mind you: I still stack and collect bullion sovereigns also.

I for one don't count the completer as part of the QB set. It is a nice coin I am sure. But the Royal mint shouldn't have released it afterwards. It feels the same as they would suddenly up all the mintages. All this prevents me from buying it or counting it as part of the set. 

Yes please, the usual number 

Edit : Ordered and paid, thank you @BackyardBullionand @ChrisSilver.

13 hours ago, PeteUK1960 said:

Hi all, this is my first post glad to be here with you all,

OK, so I`m 61 and retired, I was hearing lots of scary stuff about the collapse of currency banks etc and decided to do something for myself. Without getting any advice I went to the royal mint and spent half of my savings on 1.5 Kg of gold in 500g bars. At the time I paid 68000 pounds and its now around 63000 spot price.

I`m told the because its bullion any profit will be subject to CGT and that I should have bought coins. I`m probably here too late but would welcome any advice.

 

Cheers Pete

 

Welcome to the forum, and don't worry too much. Some great advice is given and you are in a comfortable spot to be in. Sell the bar in some time (with a little profit) and buy a bag of gold coins

I don't know why, but these coins are the most beautiful coins out there imo. 

$1699,26 🤭

Sorry that I'm late.... what did I miss?

I did some math, added the risk of a virus, deducted some tears and compared it to the fear-level. Extracted the lockdown, multiplied with Brexit minus the square root of the deal. Then I took in account that gold is shiny, yellowish and heavy. Making me round it up to a nice round number:

= Gold will be £1643,87 on the first of jan 2022. 

Ratio GBP 1,00 / Euro 1,04

Congratulations @rob6 ! Excellent price @RoslandGold 

Congratulation @ExUmbris , excellent price! 

2 hours ago, SilverPirate007 said:

I may sell my gold to buy stock!!

Best Buy Put option then  

Any news one the gold one?

I have the same conflict, but I also agree and take to Norskgeld's strategy. 

I keep buying and will continue to do so until my spendingfunds dry out. I also keep an eye on spot, but I have a set plan and I try and stick to it. I'm in it for the long haul so I try not worry too much about selling/buyin at the present.