Gold coin advice - Single 1oz, Sovereigns, or multiple fractions…? 🤔

[Scootermuppet]

9 minutes ago, FuntasticFlavor said:

As I am in the UK i should mostly stack royal mint bullion but how often do you guys mix it up and stack foreign bullion like maples, francs, eagles etc

 

Think there's a lot of people into foreign bullion, American Silver Eagles are pretty popular, Maples, Philharmonics - there's a lot to choose from!

I tend to stick with UK bullion as it's easy to move on when the time comes - most people will recognise it and it's value. I'd say that foreign coinage puts people off as they don't necessarily know what it's worth? 🤔

[Stuntman]

I mostly stick to UK bullion but I would certainly be keen on adding Buffalos, Maples, Kangaroos (etc), especially if I was stacking rather than collecting, and buying them at similar/lower premiums to UK bullion coins.

I have bought a few on behalf of a family member who wanted a 'world gold'' stack with coins from places they had visited.  It contains Buffalos, Maples, Voyageurs, Kanagroos, Philharmonikers, Britannias, UK Lunars and Queen's Beasts.

Edited June 24, 2022 by Stuntman

[CANV]

It’s all personal taste. Out side of the UK I love Krugerrands and American stuff..    maples look tragic, Aussie stuff just doesn’t appeal.  Don’t get pandas at all and philharmonics. Meh…. But then I love so called ‘vintage’ US silver so there is no accounting for taste !

[Stuntman]

Indeed.  Buy what you like and can afford!

[Scootermuppet]

Again, thank you all for your comments & suggestions - food for thought indeed!

After a deep cogitation session, I'll be posting a 'Wanted' post over this weekend. Will include some of the things I'd really like and probably not in any particular order - deciding factor will undoubtedly be what free funds i have at any given time... 

I know Wanted posts usually have an expected amount that the person posting wants to pay, but as I probably wont have much of a clue as to what the things I'm after cost, do I still have to put a figure? 🤔 - don't want to put something so low that it puts people off from offering a coin to me! 😲

[James32]

1 minute ago, Scootermuppet said:

Again, thank you all for your comments & suggestions - food for thought indeed!

After a deep cogitation session, I'll be posting a 'Wanted' post over this weekend. Will include some of the things I'd really like and probably not in any particular order - deciding factor will undoubtedly be what free funds i have at any given time... 

I know Wanted posts usually have an expected amount that the person posting wants to pay, but as I probably wont have much of a clue as to what the things I'm after cost, do I still have to put a figure? 🤔 - don't want to put something so low that it puts people off from offering a coin to me! 😲

A lot of wanted posts dwindle into obscurity because the op doesn't state a approx buy price. 

From a sellers perspective, why would they go to the hassle of digging out a specific coin/take pictures then get lowballed into an angry state🤣

Best advice is search the market for what you're after and jot down the lowest in stock price, then agree to pay ( depending on coin) a percentage under.

For example,  take a 1oz gold brit from tavex £1534 + post... a fair price to offer would be £1520 plus post ( condition depending) 

[Scootermuppet]

Bugger - just posted an ad before I'd read this! 🤦

I'd better go take it down then.... 

[James32]

3 minutes ago, Scootermuppet said:

Bugger - just posted an ad before I'd read this! 🤦

I'd better go take it down then.... 

Don't take it down lol, just edit. 

[Scootermuppet]

Fair point - have you had a look yet btw...? 🤔

[James32]

Just now, Scootermuppet said:

Fair point - have you had a look yet btw...? 🤔

Just now, keep add the way it is, then if you get offers just cross reference with tavex/chards/Atkinsons etc to make sure the price works for you.

[Scootermuppet]

1 minute ago, James32 said:

Just now, keep add the way it is, then if you get offers just cross reference with tavex/chards/Atkinsons etc to make sure the price works for you.

Thanks James 👍

[RacerCool]

Unless you have a serious amount of cash to turn into 1 oz coins then I'd suggest regularly stacking fractional gold, whatever coins in decent condition you can afford.