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Reputation Activity
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Sparrow got a reaction from 365DaysofSilver in I paid £205 for 2oz of silver 😳
In my opinion, no coin is a waste of money if you find it beautiful and interesting and want to add it to your stack/collection.
Will it go up in value over time? Maybe, maybe not. But if it brings you enjoyment then it's a great purchase regardless.
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Sparrow got a reaction from Gordy in I paid £205 for 2oz of silver 😳
In my opinion, no coin is a waste of money if you find it beautiful and interesting and want to add it to your stack/collection.
Will it go up in value over time? Maybe, maybe not. But if it brings you enjoyment then it's a great purchase regardless.
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Sparrow got a reaction from MancunianStacker in Gold Monitoring Thread £ GBP only
Definitely. Long term the price pressure is still in favour of being on the upside. On the one hand if there's a second wave and countries have to shut down their economies again then that will make price rises more likely (not to mention the question of unemployment), and on the other hand if there is rapid economic recovery - with all the money that the central banks are pumping out how could that not be inflationary?
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Sparrow got a reaction from Booky586 in Gold Monitoring Thread £ GBP only
A little bit here, a little bit there 👌
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Sparrow got a reaction from dicker in Gold Monitoring Thread £ GBP only
A little bit here, a little bit there 👌
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Sparrow got a reaction from MancunianStacker in Gold Monitoring Thread £ GBP only
A little bit here, a little bit there 👌
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Sparrow got a reaction from Goldmick in Gold Monitoring Thread £ GBP only
And one day we'll look back on today's gold price longing for it to be this cheap again.
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Sparrow got a reaction from Foster88 in Beginner - Sovereign vs 1/4 oz
While I can't comment on Bairds as I've never used them, I would definitely recommend sovereigns. While I *think* a sovereign contains a little bit less gold than a quarter ouncer (something like 0.4 grams?) gold sovereigns are super-liquid. If you ever want/need to sell them then you will not have a difficult time finding a buyer. Plus sovereigns have greater collector's value, there's numerous different monarchs, different countries' mints, special edition sovereigns,...these coins have been struck since 1817 so in my opinion collecting sovs is much more interesting than quarter-ounce coins.
Talking about the gold price in general, if the global economy sharply rebounded after this crisis and GDP growth rose to pre-Covid levels then that could lead to the price dropping as people take their money out of safe-haven assets - the big one being gold of course,...on the other hand that could also not happen. Gold goes up in value when people are afraid, be it of defaults, a sharp rose in inflation, global crisis, etc and human beings are not the most rational of creatures. So my answer to that is; who knows? I'll leave that to more informed and experienced people than me to comment on.
Personally I wouldn't worry too much about the price. Sometimes you buy at a price which turns out to be high, sometimes you buy at a price which turns out to be low. It happens to everyone. The important thing is getting that gold in your hand and either way it's still under-valued.
And worst case-scenario, if you did buy some gold and the price then dropped, you can just buy more at the lower price.
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Sparrow got a reaction from Provvidenza in Beginner - Sovereign vs 1/4 oz
While I can't comment on Bairds as I've never used them, I would definitely recommend sovereigns. While I *think* a sovereign contains a little bit less gold than a quarter ouncer (something like 0.4 grams?) gold sovereigns are super-liquid. If you ever want/need to sell them then you will not have a difficult time finding a buyer. Plus sovereigns have greater collector's value, there's numerous different monarchs, different countries' mints, special edition sovereigns,...these coins have been struck since 1817 so in my opinion collecting sovs is much more interesting than quarter-ounce coins.
Talking about the gold price in general, if the global economy sharply rebounded after this crisis and GDP growth rose to pre-Covid levels then that could lead to the price dropping as people take their money out of safe-haven assets - the big one being gold of course,...on the other hand that could also not happen. Gold goes up in value when people are afraid, be it of defaults, a sharp rose in inflation, global crisis, etc and human beings are not the most rational of creatures. So my answer to that is; who knows? I'll leave that to more informed and experienced people than me to comment on.
Personally I wouldn't worry too much about the price. Sometimes you buy at a price which turns out to be high, sometimes you buy at a price which turns out to be low. It happens to everyone. The important thing is getting that gold in your hand and either way it's still under-valued.
And worst case-scenario, if you did buy some gold and the price then dropped, you can just buy more at the lower price.
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Sparrow got a reaction from mr1030 in Today I Received.....
Another sovereign, and 20 Danish kroner.
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Sparrow got a reaction from ilovesilverireallydo in Today I Received.....
Another sovereign, and 20 Danish kroner.
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Sparrow got a reaction from richatthecroft in Today I Received.....
Another sovereign, and 20 Danish kroner.
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Sparrow got a reaction from Artictim in Today I Received.....
Another sovereign, and 20 Danish kroner.
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Sparrow got a reaction from CoinStruck in Today I Received.....
Another sovereign, and 20 Danish kroner.
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Sparrow got a reaction from CadmiumGreen in Today I Received.....
Another sovereign, and 20 Danish kroner.
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Sparrow got a reaction from Zhorro in Today I Received.....
Another sovereign, and 20 Danish kroner.
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Sparrow got a reaction from SilverTanner in Today I Received.....
Another sovereign, and 20 Danish kroner.
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Sparrow got a reaction from JunkBond in Today I Received.....
Another sovereign, and 20 Danish kroner.
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Sparrow got a reaction from Tangomachine in Today I Received.....
Another sovereign, and 20 Danish kroner.
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Sparrow got a reaction from LiquidMetalsUK in Today I Received.....
Another sovereign, and 20 Danish kroner.
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Sparrow got a reaction from silversurf in Today I Received.....
Gold acquisitions! A couple of French 20-Franc pieces.
Firstly a 1901 coin with the classic Gallic rooster design on one side and Marianne (symbol of liberty and reason) on the other, and secondly a 20 Franc coin from 1812 featuring a portrait of the emperor Napoleon 1st.
Annoyingly the 1812 coin didn’t come in a capsule, but capsules are cheap.
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Sparrow got a reaction from jultorsk in Today I Received.....
Gold acquisitions! A couple of French 20-Franc pieces.
Firstly a 1901 coin with the classic Gallic rooster design on one side and Marianne (symbol of liberty and reason) on the other, and secondly a 20 Franc coin from 1812 featuring a portrait of the emperor Napoleon 1st.
Annoyingly the 1812 coin didn’t come in a capsule, but capsules are cheap.
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Sparrow got a reaction from mr1030 in Today I Received.....
Gold acquisitions! A couple of French 20-Franc pieces.
Firstly a 1901 coin with the classic Gallic rooster design on one side and Marianne (symbol of liberty and reason) on the other, and secondly a 20 Franc coin from 1812 featuring a portrait of the emperor Napoleon 1st.
Annoyingly the 1812 coin didn’t come in a capsule, but capsules are cheap.