Today I Received.....

[Gruff]

1 minute ago, GoldDiggerDave said:

What about a free fortune cookie? 

What you ate was not chicken!  

[LawrenceChard]

6 minutes ago, GoldDiggerDave said:

What about a free fortune cookie? 

Have you seen the price of them?

😎

[GoldDiggerDave]

9 minutes ago, Gruff said:

What you ate was not chicken!  

The fortune you seek is in another cookie 😂

[Mtaybar]

1 hour ago, FFposh said:

Three (technically six) tiny Pandas in OMP, this morning courtesy of @BleyerBullion. They had three left in stock, and with their multibuy offer, I couldn't resist. Along with the Kangaroos, I think I'll get these annually.

Great deal and swift despatch, thanks to the Bleyer team down in Devon! Any marks/dust is on plastic, coins seem perfect to me. A happy customer indeed!

And a nice little personalised note from Lisa on the invoice. Small things👍.

Love these little pandas. I have one in my 1/10 collection but it has a much bigger meaning to me then just being part of a collection. Every time I see one, it stirs a little something in me. Nice addition to your stack mucker!

[FFposh]

1 hour ago, LawrenceChard said:

There are a few reasons (most of them good):

By the time I get up, have breakfast, play about on TSF, have coffee, try to keep up with world events which may affect precious metals, inflation, and other economics stuff, then go to the office, our order processing teams have picked, checked and packed everything, and may even by heading out of the door.

There are so many orders and packages going out daily, I would not have time to write a personalised message for every one, unless we employed a team of infinite monkeys to do the job.

Have you ever seen my handwriting? I can't decypher most of it, and I doubt if Alan Turing could have made much impact on it.

I'd probably upset and alienate too many customers. On the post above, for example, I would be saying something like "Thanks your your order for 3 x 3 gram gold Pandas, we hope you are pleased with them, but did you know that instead of buying 3 gram / tenth ounce gold coins at x% premium, you could buy at much lower premiums if you saved up and bought 1 x one ounce / 30 gram coin at half the premium? Or how about a brand new 2022 gold Double Sovereign at only 4.5% premium with unbelievable FREE POSTAGE. Why am I telling you this? Because we love you!"

I would run out of ink!

😎

And indeed you would be right in that regard. And for that reason I have several one ounce coins for each of my three kids.

But with respect, it doesn't always come down to lowest cost average when buying for kids, trying to keep things equal in case I get knocked over by a bus tomorrow 🤷. 

Also, from what I can gather, these 1/10s seem to retain much of their premium when offered for resale anyway.

I suppose it all boils down to why you buy gold in the first place, it's not all about absolute profit margins for me, it has evolved into a fun way to save for 3 kids futures rather than have cash sitting in the bank doing nothing. The fact that it hasn't been frittered away on rubbish is a big thing too.

A few quid saved on a one ounce coin over a quarter or a tenth is neither here nor there really, it means we can build a diverse and eclectic collection/stack, having fun along the way.

🤓

 

 

[Mtaybar]

15 minutes ago, FFposh said:

And indeed you would be right in that regard. And for that reason I have several one ounce coins for each of my three kids.

But with respect, it doesn't always come down to lowest cost average when buying for kids, trying to keep things equal in case I get knocked over by a bus tomorrow 🤷. 

Also, from what I can gather, these 1/10s seem to retain much of their premium when offered for resale anyway.

I suppose it all boils down to why you buy gold in the first place, it's not all about absolute profit margins for me, it has evolved into a fun way to save for 3 kids futures rather than have cash sitting in the bank doing nothing. The fact that it hasn't been frittered away on rubbish is a big thing too.

A few quid saved on a one ounce coin over a quarter or a tenth is neither here nor there really, it means we can build a diverse and eclectic collection/stack, having fun along the way.

🤓

 

 

Here here and well said mucker. It's also a little easier to sell off part of your stack. Most people can afford a 1/10 or 1/4 at a time instead of a full oz. Much easier liquidity and buy back then Oz's. 

Edited July 20, 2022 by Mtaybar

[LawrenceChard]

28 minutes ago, FFposh said:

And indeed you would be right in that regard. And for that reason I have several one ounce coins for each of my three kids.

But with respect, it doesn't always come down to lowest cost average when buying for kids, trying to keep things equal in case I get knocked over by a bus tomorrow 🤷. 

Also, from what I can gather, these 1/10s seem to retain much of their premium when offered for resale anyway.

I suppose it all boils down to why you buy gold in the first place, it's not all about absolute profit margins for me, it has evolved into a fun way to save for 3 kids futures rather than have cash sitting in the bank doing nothing. The fact that it hasn't been frittered away on rubbish is a big thing too.

A few quid saved on a one ounce coin over a quarter or a tenth is neither here nor there really, it means we can build a diverse and eclectic collection/stack, having fun along the way.

🤓

 

Yes, I understand all of that, and more.

My post was probably too long as it was. I could have made it book length, but that would have been counter productive, as nobody would have read it.

I tned to presume people are buying for investment, or want the best valus, unless I know otherwise.

Buying small sizes when new is almost guaranteed to be poor value, buying them secondary market at lower premiums makes some sense.

There is a good Advice page, with links, here:

https://www.chards.co.uk/blog/advice-guide-for-uk-bullion-investors/1041

Some of the links need development work, but eventually, this source should cover about 99% of sensible advice.

😎

[TheShinyStuff]

59 minutes ago, Mtaybar said:

Here here and well said mucker. It's also a little easier to sell off part of your stack. Most people can afford a 1/10 or 1/4 at a time instead of a full oz. Much easier liquidity and buy back then Oz's. 

Price is a big thing. At £1500 a pop, I could comfortably buy say 3x1oz gold coins a year. But I like buying gold and silver. I'd far rather have many purchases over the year of lots of smaller expenses. 

While it is obviously a consideration, percentages and premiums are not the be all and end all for me.

I buy what appeals to me, and my tastes and thoughts have changed over the 4 or so years I've been doing this. Much less random silver now, slight step towards gold (but not too much for the above reason). I have some silver collections/date runs that are ongoing and have traded out some random silver for 2022 sovereigns.

I have said a few times on this forum that my intention is that my final stack/collection will be the property of my kids eventually. If it sparks the collector/stacker in them, then great. If they sell it and spend the proceeds on something, then also great. Either way is a win for them.

I approach PMs as a hobby, not a business.

[Charliemouse]

Catching up on my photos.  They're all in caps, so forgive the slight reflections.

Thanks to @stefffana (long overdue photos of the beautiful Perth Mint Sov), @Paul for the Lion, @Rat for the roos, and @ArgentSmith for the Angel.

 

[Paul]

44 minutes ago, TheShinyStuff said:

Price is a big thing. At £1500 a pop, I could comfortably buy say 3x1oz gold coins a year. But I like buying gold and silver. I'd far rather have many purchases over the year of lots of smaller expenses. 

While it is obviously a consideration, percentages and premiums are not the be all and end all for me.

I buy what appeals to me, and my tastes and thoughts have changed over the 4 or so years I've been doing this. Much less random silver now, slight step towards gold (but not too much for the above reason). I have some silver collections/date runs that are ongoing and have traded out some random silver for 2022 sovereigns.

I have said a few times on this forum that my intention is that my final stack/collection will be the property of my kids eventually. If it sparks the collector/stacker in them, then great. If they sell it and spend the proceeds on something, then also great. Either way is a win for them.

I approach PMs as a hobby, not a business.

If little and often works for you stack sovereigns. I've far more sovereigns than 1oz much easier to commit and buy on a £350 sovereign than hitting buy on a £1500 for 1oz

[Charliemouse]

6 minutes ago, Charliemouse said:

Catching up on my photos.  They're all in caps, so forgive the slight reflections.

Thanks to @stefffana (long overdue photos of the beautiful Perth Mint Sov), @Paul for the Lion, @Rat for the roos, and @ArgentSmith for the Angel.

 

For the photographically / technically minded, today's were handheld with a flash bouncing off the ceiling, a 150mm macro and full frame DSLR.  My choice would definitely not be a 150mm for coins; I use a longer focal length so I can take shots of insects without getting too close; but I use what I have.

Particularly with the small coins, I am basically at 1:1, so each pixel in the image is about 6µm.  Put another way, a hair would be 10+ pixels wide.  At this scale, dust is the enemy, and shows up everywhere!

 

[SovereignBishop]

So today I received a 1/2 oz 2022 gold Eagle from @BleyerBullion

Finishes my set off nicely in the Airtite display case (one more still for sale)

Lovely feeling filling that last hole.

[Charverdude]

Today I recieved from the royal mint all items that I had stored in the royal mint vault, 

sad to see all this go , might just look at it all for an hour or so before doing for sale post 😢😢

[James32]

8 minutes ago, Charverdude said:

Today I recieved from the royal mint all items that I had stored in the royal mint vault, 

sad to see all this go , might just look at it all for an hour or so before doing for sale post 😢😢

Hours up , get that sales post rocking..

On a serious note ,heartbreaking but at least you have it to fall back on I guess.

[BleyerBullion]

22 minutes ago, SovereignBishop said:

So today I received a 1/2 oz 2022 gold Eagle from @BleyerBullion

Finishes my set off nicely in the Airtite display case (one more still for sale)

Lovely feeling filling that last hole.

Thanks for the lovely comments, pleased you are so happy with your coin. We look forward to hearing from you again soon. Caroline

[Charverdude]

3 minutes ago, James32 said:

Hours up , get that sales post rocking..

On a serious note ,heartbreaking but at least you have it to fall back on I guess.

It’s only been 13 min 😳 not finished crying over them yet , 

gutted mate but light at end of tunnel then soon can start journey again 👍😁

[BleyerBullion]

5 hours ago, FFposh said:

Three (technically six) tiny Pandas in OMP, this morning courtesy of @BleyerBullion. They had three left in stock, and with their multibuy offer, I couldn't resist. Along with the Kangaroos, I think I'll get these annually.

Great deal and swift despatch, thanks to the Bleyer team down in Devon! Any marks/dust is on plastic, coins seem perfect to me. A happy customer indeed!

And a nice little personalised note from Lisa on the invoice. Small things👍.

We're very happy you like our service and love the coins. We look forward to hearing from you next time you need something. Have a nice evening, Caroline

[ArgentSmith]

30 minutes ago, SovereignBishop said:

Lovely feeling filling that last hole.

 

 

[Gordy]

has it started yet?

[Charliemouse]

29 minutes ago, James32 said:

Hours up , get that sales post rocking..

Get in line!

[FFposh]

3 hours ago, Mtaybar said:

Here here and well said mucker. It's also a little easier to sell off part of your stack. Most people can afford a 1/10 or 1/4 at a time instead of a full oz. Much easier liquidity and buy back then Oz's. 

This is true mate.

The bigger point to remember beyond the methods of accumulating PMs, is the fact that we are all still accumulating them in the first place. Methods change according to budgets and circumstances but we are all part of this community, and all bring different things to the table. 

As @Mtaybar eluded to, if gold rises much more, and given the current financial crisis with the cost of living going through the roof, a large percentage of people who might once have looked at buying one ounce coins may well find themselves priced out and have to look at the smaller denominations just to stay in the game. 

Eventually a Sovereign or 1/4 Brit for example may become the new one ounce, and the ouncer just a pipe dream, much as a 50-100g bar might be for the majority today.

Anyway, we are all friends here, let's not lose sight of the fact that we are all very privileged to have a spare few quid to put towards our hobby of collecting metals in any of its forms or denominations.

PS, I still need another 1/10 Elephant (not 2016 nor 2021) just to even things up, and yes, I know it's not the most economical way of doing things👍🤷. Maybe in August I'll go looking properly.

Enjoy the slightly cooler weather guys, take care 

[TheShinyStuff]

The .500 date run rumbles on...

Some half crowns from @modofantasma 

The difference in wear between the type 1, up to 1927 and later coins is incredible. This is seen above and in all the examples I have. Anyone know why?

[modofantasma]

18 hours ago, FFposh said:

As @Mtaybar eluded to, if gold rises much more, and given the current financial crisis with the cost of living going through the roof, a large percentage of people who might once have looked at buying one ounce coins may well find themselves priced out and have to look at the smaller denominations just to stay in the game

Maybe worth a separate thread but the "rich" are getting richer too maybe kilo bars are the way to go?

Will we see times where it isn't worth selling a tenth or a quarter Oz because you can't buy anything with £200 or £300 🤔 I mean can barely feed myself and fill the car up for a week on that as it is now 😂

[Gruff]

4 minutes ago, modofantasma said:

Maybe worth a separate thread but the "rich" are getting richer too maybe kilo bars are the way to go?

Will we see times where it isn't worth selling a tenth or a quarter Oz because you can't buy anything with £200 or £300 🤔 I mean can barely feed myself and fill the car up for a week on that as it is now 😂

I'm glad you can afford kilo gold bars. That'll be me selling a kidney on the black market to afford them 😀

[GoldDiggerDave]

@modofantasma you know me mate I whinge about inflation all day🤣 we are definitely seeing the wealth divide becoming a chasm.  Fewer with loads more money while the masses are being skinned alive……1/8 or 1/16 sovereigns next?