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Average £/oz


Danny-boy

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Posted

Well, I worked out my £/oz today and was pleasantly surprised at just under £26.

Thought it would be a tad higher than that.

I'm a collector rather than a stacker, so I don't think that's too bad.

I do plan to bring it down now I'm a bit more savvy about where and what I buy.

Anybody else care to share theirs, and if they are a collector or a stacker?

Stacker since 2013

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Posted

I haven't a clue what my average would be Danny less than a third of my stack is bullion,but i can tell you I keep bumping my average up by what I am buying  :lol: today being a good example :)

 

Definitely a collector.

The problem with common sense is, its not that common.

 

Posted

Mine'll definitely be higher, the majority of mine is Morgans/Crowns and the former typically ranges around £27ish for common dates, the latter tends to bounce around more depending on the seller.

Posted

They have a few Morgans at the midland coin fair, I bought a few for £20 each.

Not sure on dates though.

Stacker since 2013

Posted

I can't get to coin fairs, so i've got to deal with the guys in my local area. They're nice enough and sell good examples, so i'm happy to pay the extra

Posted

A few of us around £26 then, that's interesting.

I think that's a good number for a collector, I remember not very long ago when spot was over our average!!!

I'm often tempted to buy some standard bullion at £15ish an ounce, but every time I have done that I have then swapped out when some semi-numi takes my fancy.

Stacker since 2013

Posted

I have 1053 ozs and my average price per oz is £21.77.

That's a very good average Keith.

Are you a stacker or a collector?

Stacker since 2013

Posted

I have 63oz of .999 silver @ £23.89.

That's really good going SP - that full monster box is coming along nicely.

Stacker since 2013

  • Group Director
Posted

Last time I calculated, my average for pure bullion was £17.13.

My average for semi numismatic bullion is £20.97 recently bought a few expensive previous year lunar and kook coins which pushed the average up. To be honest I need to reduce this a lot. Given spot price is so low right now, and that I only recently starting stacking, I want to get my average cost per semi numi oz to <£20.

Also bought some nice High reliefs, but I don't count the average cost per ounce for numismatic coins as it's a pointless exercise.

Christopher Birdseye (ChrisSilver) | Group Director, Birdseye Enterprises. 
The Silver Forum® & The Gold Forum® are owned and operated by Birdseye Enterprises. 
(My posts are my personal opinions, they do not constitute advice or financial advice.)

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Posted

My average is just over £24 / Toz but I did buy a substantial quanitiy of new coins almost daily over the entire month of September 2011.

The average for Sept. 2011 is a whopping £33.19 - ouch !!

That's a figure I like to hide from my wife.

Posted

I  am very lax in recording my purchases I'm afraid. I started stacking in december 2011 and in terms of value I am 50/50 gold and silver.

I have over 300 oz held with Goldmoney where no vat is paid. So that brings my average down a fair bit.

I will guess my silver average is about £22 after vat. I got about 10 tubes of Brits, silver eagles, moose, kooks, etc.

My gold average aint so good though. I've spent as much as £1117 on a Brit and £240 for my first sovereign.

I think I have over 850 oz of silver (it's all over the place) and I know I have 13 oz of gold. I'm doing a stock take at the moment and I'm doing it very slowly cos I'm not that arsed. However I've misplaced a Victorian sovereign for a second time. Dohhh!

Posted

I was lax too Cointreau, but I went back through old emails and PM's on different forums and managed to find all purchase prices.

Some good, some not so good. Ha ha

Stacker since 2013

Posted

That's why entering everything on a spreadsheet makes analysis easy.

You can forget what you paid and when you bought otherwise.

Alternatively keep a little notebook and write up every purchase as if keeping accounts.

All seems fine at the time but 4 years later when memory is lost you can check back.

Posted

Oh!!! You're going to hate me :P

 

I am a stacker who has turned in to a collector. According to my spreadsheet - which I admit needs checking and bringing up to date - my average is £14 per ounce.

 

I am not sure it that represents an error in my calculations, or if one of my formulas is missing some newly added coins. I will have to spend some time checking it all over. But from a brief glancing over out it looks like that might be right.

 

Pleased with that! :D

Posted

That's why I did it Pete.

My spreadsheet is well populated but never had purchase prices on it.

I'm glad I've done it now.

Stacker since 2013

Posted

Oh!!! You're going to hate me :P

I am a stacker who has turned in to a collector. According to my spreadsheet - which I admit needs checking and bringing up to date - my average is £14 per ounce.

I am not sure it that represents an error in my calculations, or if one of my formulas is missing some newly added coins. I will have to spend some time checking it all over. But from a brief glancing over out it looks like that might be right.

Pleased with that! :D

Lol, mine was saying £18/oz until I realised it wasn't counting half my coins.

Gutted. £26 is the actual. Although not as bad as I feared.

Stacker since 2013

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