Best Buy

[James32]

Just now, TheShinyStuff said:

They ain't big, I'll give you that, but I'm sticking to 5 is better. 

OP could just buy both and the debate is finished...

See, I used to think the same, because it's what I read/was advised. 

But having been through both sides ( buying and selling 1/10s v 1/2 oz coins) then the commen consensus is codswallop. 

I'm sorry but under a certain financial threshold, lowest premium is the best buy.

 

 

[artalien]

The great thing about the >2020 brits is the security features.

Edited October 7, 2022 by artalien

[artalien]

2 minutes ago, James32 said:

I'm sorry but under a certain financial threshold, lowest premium is the best buy.

Indeed.

[James32]

10 minutes ago, artalien said:

Would you sell the 1/2 oz on Ebay coz if not that means less options.

I'm trying to tell you that it doesn't, if I list one (1/2)  at the right price today on here my inbox will have a message within 1 hour.

I watched 16 of them sell from sellerstacker, recently when priced fairly.

1/10ths are excellent budget friendly ways to start stacking gold for the masses, but will never be the best cost effective way ffs.

 

Edited October 7, 2022 by James32

[James32]

@Silverbull best of luck on your purchase, enjoy in good health. 

 

[artalien]

1 minute ago, James32 said:

on here

But what if here is not here?

[James32]

1 minute ago, artalien said:

But what if here is not here?

Wtf kind of debate has this turned into. 

What if you 1/10th coin is really a motorbike ? Ya so and so

[artalien]

Just now, James32 said:

Wtf kind of debate has this turned into. 

2 is 1 - 1 is none

[James32]

Just now, artalien said:

2 is 1 - 1 is none

5 x ham and cheese baps and my answer changes 

[artalien]

1 minute ago, James32 said:

5 x ham and cheese baps

hehehe

[artalien]

What we all need is Au @ plook

[TheShinyStuff]

10 minutes ago, James32 said:

See, I used to think the same, because it's what I read/was advised. 

But having been through both sides ( buying and selling 1/10s v 1/2 oz coins) then the commen consensus is codswallop. 

I'm sorry but under a certain financial threshold, lowest premium is the best buy.

 

 

The price difference in this case is a tenner, so that pretty much negates the premium argument for me.

Don't get me wrong, I'm not a fan of tenths, having sold one recently (very quickly) I now own precisely none - and that probably wont change. They are impracticably small, but not everyone can lay out thousands at a time on gold, so there is a place for them, and as long as you know what you're doing, you'll get the premium back.

[James32]

Just now, TheShinyStuff said:

The price difference in this case is a tenner, so that pretty much negates the premium argument for me.

Don't get me wrong, I'm not a fan of tenths, having sold one recently (very quickly) I now own precisely none - and that probably wont change. They are impracticably small, but not everyone can lay out thousands at a time on gold, so there is a place for them, and as long as you know what you're doing, you'll get the premium back.

I've said all this above. 

Another thing, we are talking about a specific budget of £850 or less, certainly not thousands. 

I'm not against 1/10ths, I personally have struggled with them for years due to the size, but they started me off when it's all I could afford. 

I'm certainly not pro 1/2 oz either, just saying that after being through every side of the argument..1/10ths are not "better" than anything. 

Obtainable and affordable yes but that wasn't the question.

[artalien]

"Better" needs a qualifier as in better for what?

[TheShinyStuff]

18 minutes ago, James32 said:

1/10ths are not "better" than anything. 

They're better than 1/20ths.

[James32]

Just now, TheShinyStuff said:

They're better than 1/20ths.

Touché 😆 

You're arguing for 1/10ths but you have none.

I'm arguing against 1/10ths because I have none lol.

I'm away to get drunk and buy 2 x sovereigns with the OP's budget. Because that's the real best buy/liquidity purchase. 

[TheShinyStuff]

Just now, James32 said:

Touché 😆 

You're arguing for 1/10ths but you have none.

I'm arguing against 1/10ths because I have none lol.

I'm away to get drunk and buy 2 x sovereigns with the OP's budget. Because that's the real best buy/liquidity purchase. 

Buy a double sovereign, the premium you save will buy your drink! But then you could probably sell two fulls quicker than one double. My head hurts! Enjoy the drink!

21 minutes ago, artalien said:

"Better" needs a qualifier as in better for what?

Better for squabbling about of course!

[James32]

Just now, TheShinyStuff said:

Buy a double sovereign, the premium you save will buy your drink! But then you could probably sell two fulls quicker than one double. My head hurts! Enjoy the drink!

No longer like gold, I'm away to buy tin.

[TheShinyStuff]

4 minutes ago, James32 said:

No longer like gold, I'm away to buy tin.

You're gonna have a storage issue I feel...😀

[RDHC]

1 hour ago, artalien said:

One has gots to have an exit strat or why bother with the Shiny at all. What do all them beautiful coins do after all but sit in some dark corner etc, unseen.

I bring mine out from time to time to admire them, provided my wife is not around to see what I have accumulated.

[TheShinyStuff]

2 minutes ago, RDHC said:

I bring mine out from time to time to admire them, provided my wife is not around to see what I have accumulated.

I think we all do that sometimes! 

[Darr3nG]

2 hours ago, artalien said:

The great thing about the >2020 brits is the security features.

Would that put you off buying earlier brits, or would you pay more for a 2020+ ?

[artalien]

20 minutes ago, Darr3nG said:

2 hours ago, artalien said:

 

Would that put you off buying earlier brits

Yes it would put me off buying earlier incarnations. I wouldn't pay more for >2020 though.

[RDHC]

9 minutes ago, artalien said:

Yes it would put me off buying earlier incarnations. I wouldn't pay more for >2020 though.

I'm sure you are right to be sceptical and cautious in buying any gold coin, but, honestly, I really don't think that you should worry too much about buying Britannias without the security features. I have bought three 2017 one ounce gold Britannias (all, I think, from Chards) without a second thought. Of course, a dodgy ebay seller offering very poor photos of the coin needs to be avoided, but, even so, I have never seen or heard of a fake gold Britannia. Naturally, I am happy to be corrected by others with more knowledge and experience; I am very, very far from being expert in this matter. And I would be extremely interested to see the fakes, if photos are available.

[artalien]

4 minutes ago, RDHC said:

And I would be extremely interested to see the fakes, if photos are available.

As would I mate. The reason it would put me off is that I think it would be easier to liquidate the ones with the security features. I am an average guy who is very new to all this. As an average guy I use myself as a yardstick for others, thus I think the security features are a boon.

Edited October 7, 2022 by artalien