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Hello all, new to the world of gold and silver!


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Hi all

New to the site, I have a tendency to collect things and then stumbled across some gold and silver youtube videos. I can see myself getting into this too. I think the prices etc will be what stops me from going a bit overboard. I'll be looking at doing this more for investment and future wealth, just a bonus when the coins look so good. I think I might have a mix of the two metals too, already bought 2 1oz silver coins, one Britannia and a Robin hood. Just the start of many I hope!

Lets see where this adventure takes me. Happy to hear any pointers or key forum suggested posts

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8 hours ago, Foster88 said:

Welcome to the forum.

If you do decide to venture into gold I can highly recommend Sovereigns.

The forum is the best place to buy them.

Thanks, I'll be sure to have a look around any recommendations based on your experience? How easy is it to buy from sellers on here?

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13 minutes ago, darkninja1985 said:

Thanks, I'll be sure to have a look around any recommendations based on your experience? How easy is it to buy from sellers on here?

It’s all entirely dependent on what you like to stack or collect. There are so many possibilities for collections, I only recommended sovereigns as they’re a favourite of mine and can be bought here on the forum usually for a few % above spot price.

But there are many other options for gold coins from Britannia’s, Kruggerands, Canadian Maples, Libertad’s. If you do look at Sovereigns I’d highly recommend the book The Gold Sovereign by Michael Marsh. The latest issue has just been released.

If you’re looking to buy on the forum I’d highly recommend premium membership. This way you get to see the for sale listings immediately.

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2 hours ago, Foster88 said:

It’s all entirely dependent on what you like to stack or collect. There are so many possibilities for collections, I only recommended sovereigns as they’re a favourite of mine and can be bought here on the forum usually for a few % above spot price.

But there are many other options for gold coins from Britannia’s, Kruggerands, Canadian Maples, Libertad’s. If you do look at Sovereigns I’d highly recommend the book The Gold Sovereign by Michael Marsh. The latest issue has just been released.

If you’re looking to buy on the forum I’d highly recommend premium membership. This way you get to see the for sale listings immediately.

Thanks for your help will try and take a look, may have to get the premium membership as and when I'm looking to buy. In terms of starting out and for budget would you say half sovereigns are pretty decent?

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1 hour ago, darkninja1985 said:

Thanks for your help will try and take a look, may have to get the premium membership as and when I'm looking to buy. In terms of starting out and for budget would you say half sovereigns are pretty decent?

Half sovereigns are a good place to start. You will pay a slightly higher premium that you would over a full sovereign but they are still nice coins.

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On 28/05/2021 at 15:28, Foster88 said:

Half sovereigns are a good place to start. You will pay a slightly higher premium that you would over a full sovereign but they are still nice coins.

Quick question, I have just been looking through some trades/sales and I keeping seeing "bump" is this in relation to the price going up? Sorry if this is a basic question but new to this all.

 

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On 31/05/2021 at 11:05, darkninja1985 said:

Quick question, I have just been looking through some trades/sales and I keeping seeing "bump" is this in relation to the price going up? Sorry if this is a basic question but new to this all.

 

It’s ok to ask, we all have to start somewhere. Bump just means that the seller wants to ‘bump’ their post higher up the listings.

After a day or two if something hasn’t sold it can get lost further down the pages.

Edited by Foster88
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