Hello, newcomer to metals / Savings

[Euromir]

Hi all,

Didnt even know "stacking" was a thing until i had an idea to buy a bar of gold (i haven't yet) mainly because it looks cool and shiny.! lol

But after watching youtube videos checking out prices etc, i had a revaluation! Sadly i don't have any savings whatsoever as i kind of addicted to spending, i get money and wages and i go and blow it, 40yrs i been doing the same thing! So after seeing a few videos from stacker's it dawned on me, that if i get an itch to go blow some money on something pointless, i could instead buy some Gold/Silver coins/bars and firstly invest that money i was going to blow, and secondly hopefully have a cool collecting hobby.

So thats why i am here!

[ChrisSilver]

Welcome to the forum! A great idea to start purchasing gold and silver coins rather than spending all of your income! I think you will enjoy this hobby  

[HelpingHands]

Hello and welcome! 

[Agpanda]

Hi, and welcome to a addictive world of collecting

[ifing]

Hi and welcome

If you like to spend lots of money this is a perfect hobby

[MCJ]

Hi and welcome matey. I'm sure you will soon be bitten by the PM bug.

[KevinG]

Hello and welcome.

[oohshiny]

Welcome .

[Stu]

Welcome mate. 

[Euromir]

Thanks all, be buying my first coin next week... Got to start somewhere! lol

[daz]

Hi mate , try not to buy singles if you can it works out much more cost effective if you can buy multiples , if you are seeing this as a way of saving you need tobuy as cheap as you can.. if you can save even a quid a coin a few years down the line that is all going to add up

[BaldyBob]

Welcome.

Sound advice from Daz above. 5 oz at a time minimum will really help you in the long run with regards to costs.

[Euromir]

Thanks guys, you are right i know. But i have to confess, just ordered my first single coin, been watching videos and reading about silver coins for few weeks now and still never seen one in person or held one, so i had to fix that "itch".
I will heed your advice in future and try to stick with 5oz purchases, but for now i shall await my first ever silver coin, a little excited..
(2016 PM Kookaburra btw)

[Agpanda]

Congrats to your fist buy

If you only want a single coin at the time, look in the sale tread here on the forum

It tending to be the cheapest way to get singels

[daz]

I know what you mean about wanting to get started , so congrats on starting .

If you are going to be buying off ebay have a think about buying some calipers, scales and a neodymium rare earth magnet to check for fakes also read any listings very carefully, steer well clear of any listing that says plated , untested , nickel silver or any listings that are suspiciuosly cheap and basically don't touch anything from china or anyone that has feedback buying from china

[Senegaune]

Welcome

[Euromir]

WOW, ok so the unwrapping of my first ever coin was kind of exciting, one coin is not exactly a "collection" haha, but i will always remember my first coin, Silver is very pretty indeed or is that shiny..

[doogs]

Welcome to the forum!

Good choice for a first coin and a relatively cheap time to start stacking.

[garthy]

Hi euro mirror,  good to see you here, nice first coin one of my favourites as you can see from my new avatar.