Jump to content
  • The above Banner is a Sponsored Banner.

    Upgrade to Premium Membership to remove this Banner & All Google Ads. For full list of Premium Member benefits Click HERE.

  • Join The Silver Forum

    The Silver Forum is one of the largest and best loved silver and gold precious metals forums in the world, established since 2014. Join today for FREE! Browse the sponsor's topics (hidden to guests) for special deals and offers, check out the bargains in the members trade section and join in with our community reacting and commenting on topic posts. If you have any questions whatsoever about precious metals collecting and investing please join and start a topic and we will be here to help with our knowledge :) happy stacking/collecting. 21,000+ forum members and 1 million+ forum posts. For the latest up to date stats please see the stats in the right sidebar when browsing from desktop. Sign up for FREE to view the forum with reduced ads. 

Newbie advice


Marcus12

Recommended Posts

Hi all,

I’m new to this forum and I have to say I know next to nothing about collecting/investing coins. 
 

That’s ok because I’m not necessarily interested in coins. I want to buy gold solely to preserve buying power at any point in time/hedge against inflation.

does anyone have any advice? Seems like a lot of bullion dealers (in London) have quite significant premiums for gold bars, any recommendations?

 

when it comes to reselling the bars at whatever point in the future, what are the different avenues one can take?

 

thanks

 

Marcus

 

 

 

Link to comment
Share on other sites

Firstly, it is worth introducing yourself in the new members first.

Secondly there is an absolutely Wealth of information and your question has been answered many many times before  - feel free to use the search function as a starting point.

Cheers

Dicker

Not my circus, not my monkeys

Link to comment
Share on other sites

If you're starting from dot, explore the forums and threads. The "Silver", "Gold" and "General Precious Metals" areas are a good place to start. Go check out the buy/sell section too (though some will be marked as complete, it can help to see what prices things go for. there's also a "Compare" tab (fourth tab) on the header to see what dealers are doing.

The inferior man argues about his rights, while the superior man imposes duties upon himself.

He who has a why can bear almost any how.

Every act of beauty is a revolt against the modern world.

Link to comment
Share on other sites

Hi @Marcus12 - definitely worth an intro as mentioned 👍

and - fair warning - I’d think most of us ‘ Just wanted to store some wealth in Precious Metals’ to start with,  but it’s pretty hard to ignore the ‘inner Magpie’ once you start seeing some of the Shiny beauties on the forum (the coins that is, not the dodgy content in the Nether Regions of the forum 😏)

I started out stacking Silver Britannias, as they were a low cost way to accumulate some wealth that I couldn’t just go spend at a shop…

Fast forward 18 months, and I’ve just had to organise a Safe Deposit Box as the value of the stack has increased - mostly because it turns out Silver is mostly a gateway to Gold! 🤦🏻

And if anyone on the forum offers you a Sovereign - just Say No! …. and send them to me instead 😅

Enjoy!

Bob

Link to comment
Share on other sites

Welcome aboard mucker, glad to have you with us. Pretty much everything you need to get started has been covered above. All these members are some of the cream of the crop and their advice is sound. There's many more from where they've come from so go forth and get involved with some of the threads and meet some great and knowledgeable people who will be happy to help. Follow their advice until you find your stride and what suites you and your goals. New crew members are always welcome 🍻

Link to comment
Share on other sites

  • 3 weeks later...
On 07/08/2022 at 21:54, Scootermuppet said:

(the coins that is, not the dodgy content in the Nether Regions of the forum 😏)

 

I feel personally attacked . . .

The Sovereign is the quintessentially British coin.  It has a German queen on the front, an Italian waiter on the back, and half of them were made in Australia.

 

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
×
×
  • Create New...

Cookies & terms of service

We have placed cookies on your device to help make this website better. By continuing to use this site you consent to the use of cookies and to our Privacy Policy & Terms of Use