doctorgolden

@apachebleu 

Have you considered writing novels, fiction, scripts, whatever...??  You're a literary genius with the imagination to complement!! 😆😆 

4 minutes ago, doctorgolden said:

Good advice.

I have a question though - why would you want 72ozs of silver, when the current ratio is at 90? 

Would you not want 90ozs? 

Ta 

Ahh I see. Thank you 

21 minutes ago, James32 said:

Sell your silver first the buy whatever your heart desires. 

If I was to swap you now for a 1oz spotless britannia and accept your silver as a trade, I'd want 72ozs at £22 each and need them to be spotless too.

Why else would I give up gold for silver?

As you can see it's best to sell first

Good advice.

I have a question though - why would you want 72ozs of silver, when the current ratio is at 90? 

Would you not want 90ozs? 

Ta 

😍😍

Thank you all for your input and advice. Really is appreciated and I'm grateful of this community. Most (if not all of you) just reaffirmed my own feelings on the matter and I stuck with my gut, and strategy to stick with what I know, and have given Graded a wide berth. It may be for some folk, but not for me.

Thanks again.

On 04/11/2022 at 15:37, dicker said:

Not heard of “Buy Bullion”, which is a surprise as I do look around for dealers a fair bit.

Q- Is graded gold worth it?

A - Depends on what you are looking for.  
 

If your are stacking, it makes little sense to pay a premium for graded bullion

If you are a collector (Say of Sovs) then maybe. I really dislike buying graded coins but sometimes something comes up that is graded and too good to pass up.

As always, but the coin, not the grade!

 

 

 

 

Thanks mate

2 minutes ago, GBStacking said:

I'm a pure stacker myself, the only graded coins I have literally been acquired by chance as part of bulk second-hand orders. I would say that it's entirely possible that graded coin may return more than standard bullion. I would advise a great deal of caution with anyone trying to tell you they are a dead cert investment. If you buy the wrong series or the particular coin you have falls out of favour, then you could stand to lose quite a hefty chunk. 

Thanks GB.

1 minute ago, Pete said:

Sounds like a call from the likes of Harrington or Rosland.
They are selling no differently to the timeshare people promising value and great long term returns.

Personally I would stay clear of graded coins because the added value is only what someone else will pay.
Probably entail selling at an auction and once big fees are covered .....

I made the error of valuing proofs gold above bullion gold and bear the scars so I can only assume graded coins ( unless rare collectible ) will be much the same. Others may disagree so my advice is be carful jumping in with wide open eyes.

Thanks Pete, really appreciate your response and you sharing your experience. 

Hi folks,

It's been a while since I last posted. Have a question for the seasoned ones amongst us here. 

I am definitely a 'stacker' and not one to flip - I'm buying PM to hold on to and to help preserve my family's wealth. At the moment, I only buy bullion grade gold/silver. I'm not a collector and certainly don't dabble in proof coins. My question is around Graded coins though - are they worth buying? I've had a dealer on the phone saying how they deliver higher returns compared to bullion grade coins. I've seen there is a significant different in the cost of Graded vs Bullion grade. But is it worth it? 

Related question - has anyone ever had any dealings with https://buy-bullion.co.uk/ (based in London)? 

Many thanks.

Congrats @Drdandoom

Congrats @Money1

Congrats @SmallSilverStacker!!