1/4oz Britannia or a whole Sovereign?

[LMT]

Hello,

Im looking for some advice on my first gold buy. Which is a better option between the 1/4oz Britannia or a whole Sovereign. 

Thank you 

[Bars]

Both good picks. Sovereigns are usually cheaper premium wise and are one of the most popular coins. Both are nice but I would go sovs all day (My opinion)

[LMT]

Thank you for the advice. I have been eyeing the sov more so I reckon that's where I will probably go. 

[Nugget]

Ah, I am debating this for my next order in a week or two. I was going to order another 1 oz, but will hold fire as I have a couple of these (and one should land this week also) and they aren't as easy to move / sell if I needed to (don't plan to but you never know).

Part of me says go for full sov's as I have some already and they are a nice coin and easy to shift if needed. The other part says 1/4 oz as it makes calculations easier, are full 24 ct and are also nice coins.

I will probably end up ordering sov's one month and then mixing 1/4 oz the next.  Aid the diversification and mix it up a bit for the excitement. Then every now and then when funds allow, purchase a 1 oz to throw in also.

I don't think you will lose with either in my opinion but probably better premiums on the sov's

 

[LMT]

I was very tempted by the 1/4 brit esp with the 24ct and I think it looks better, but in the end the cheaper sov won me over. 

I'm thinking of doing a similar thing and mix which I get each time for the diversity.

Thank you for the insight and advice

[Wampum]

You could collect the quarter oz Queens Beasts, not as big a collection, so would be a more manageable to start with.

[LMT]

Awesome, Ive seen some vids on them and they look very cool. I shall give them a deeper look. 

Thank you for the advice

[Nugget]

I would also suggest you think about what it is you are collecting / stacking for.

I have zero personal interest in numismatic coins.  So for me it's about paying as little additional premium as possible. I'm not into buying to flip later. I'm buying to leave extra to the kids out of surplus income.

Some coins will have additional (potential) future numismatic value and tend to carry a larger initial cost than bog standard bullion stuff I am collecting.

 

[Smiler999]

I'd share Nuggets sentiments, its just bullion and if you're starting out stick to the easy stuff first, Sovs and Brits etc 

[LMT]

I'm not really interested in numismatics. I'm mainly stacking to build up as much as I can as close to spot as I can for my retirement and a way to hedge inflation. 

[Smiler999]

Then stick to your bog standard Sovs and Brits and you won't go far wrong, easily moved on if a crisis arises in the house too

[LMT]

Yeah I'm going to stick with the Sovs and Brits, seems like the best approach. 

Thank you for the advice mate

[Smiler999]

Keep us all updated as your stack grows 👌 

[LMT]

Will do mate 👍

[longmore]

I think the Sovereign is a good price point.

Maybe my first purchase :}

[LMT]

Awesome

I got my first one today for £328.50 (hope it was a good deal XD), cant wait for it to arrive  

[longmore]

23 minutes ago, LMT said:

Awesome

I got my first one today for £328.50 (hope it was a good deal XD), cant wait for it to arrive  

Congrats. now the waiting game :}

[LMT]

Thank you.

Yeah the worst part XD

[Bigmarc]

I've been collecting for a few years but last year I decided to start stacking. I have a relatively low budget low budget so started at the bottom with pre decimal. I am currently in the process of selling all of my 50,% coins and this should give me enough to get my first gold piece. I have been looking at the half ounce Britannia. I know it's more expensive than a sovereign but would like my first piece to be 24 carat after fighting my way up with junk coins. The biggest problem is finding one. 

Also my first silver coin was a Britannia.  

[LMT]

The 1/2 oz brit does look very cool. The hard work you have put it will make it even more worth it when you get one . I think bullionbypost and some others have 1/2 oz brits. 

Ditto, my first coin was a silver brit 2021. They look awesome.

[Bigmarc]

Tried that just says notify me when back in stock. Not too worried I will get one.,👍

[Smiler999]

A Sovereign contains 0.2354 oz of gold so just under the 1/4 so close enough for starting out on

[LMT]

Yeah it's close enough to a 1/4 oz for me. And a bit cheaper than the 1/4 oz brit so suits my budge pretty well. 

[LMT]

14 minutes ago, Bigmarc said:

Tried that just says notify me when back in stock. Not too worried I will get one.,👍

Yeah im sure one will pop up somewhere soon 👍