Hello from another Londoner

[j1df]

Hi all! New to silver and collecting PMs in general. To be honest I actually became interested in silver by looking at pictures on a watch forum (another expensive hobby!) - one member's collection had a small silver bar nestled up between 2 watches and it got me thinking. Fast forward a few weeks and I've just picked up my first 1oz coin and it's all in from here!

It's early days so I don't know if I'd call myself a stacker or a collector yet. I know that gold gives a far better value to size ratio and so part of me thinks that, should I become a stacker more than a collector, Britannias or sovereigns is maybe a better way to go. That being said I do like the idea of owning a kilo of silver, so maybe I'll collect my first 33 coins and then see how I feel after that!

[Lr103]

Welcome to the forum!

[codenamedtango]

Welcome to TSF!

[Gordy]

2 hours ago, j1df said:

Hi all! New to silver and collecting PMs in general. To be honest I actually became interested in silver by looking at pictures on a watch forum (another expensive hobby!) - one member's collection had a small silver bar nestled up between 2 watches and it got me thinking. Fast forward a few weeks and I've just picked up my first 1oz coin and it's all in from here!

It's early days so I don't know if I'd call myself a stacker or a collector yet. I know that gold gives a far better value to size ratio and so part of me thinks that, should I become a stacker more than a collector, Britannias or sovereigns is maybe a better way to go. That being said I do like the idea of owning a kilo of silver, so maybe I'll collect my first 33 coins and then see how I feel after that!

why stop at 33.... 330 sounds so much better...

[James32]

2 hours ago, j1df said:

Hi all! New to silver and collecting PMs in general. To be honest I actually became interested in silver by looking at pictures on a watch forum (another expensive hobby!) - one member's collection had a small silver bar nestled up between 2 watches and it got me thinking. Fast forward a few weeks and I've just picked up my first 1oz coin and it's all in from here!

It's early days so I don't know if I'd call myself a stacker or a collector yet. I know that gold gives a far better value to size ratio and so part of me thinks that, should I become a stacker more than a collector, Britannias or sovereigns is maybe a better way to go. That being said I do like the idea of owning a kilo of silver, so maybe I'll collect my first 33 coins and then see how I feel after that!

32.151 troy oz in a kilo..so we will call it 32 for simplicity

32 x by an average of £26 per coin = £832 + only you will know how many sets of postage?

Whereas 1 x 1kg bar at say £735 current average = approx £22.90 per oz plus one set of post.

Just an example of why it's important to work out why your doing this.

Welcome aboard 

[daca]

Welcome aboard and enjoy the ride!

[ChrisSilver]

Hello and welcome to The Silver Forum  

[Roy]

'Hello from another Londoner'

You don't need to apologise 😇

5 hours ago, James32 said:

32.151 troy oz in a kilo..so we will call it 32 for simplicity

32 x by an average of £26 per coin = £832 + only you will know how many sets of postage?

Whereas 1 x 1kg bar at say £735 current average = approx £22.90 per oz plus one set of post.

Just an example of why it's important to work out why you're doing this.

Welcome aboard 

This ^^

[Fenlander1]

Hello and welcome to the forum.

[j1df]

12 hours ago, James32 said:

32.151 troy oz in a kilo..so we will call it 32 for simplicity

32 x by an average of £26 per coin = £832 + only you will know how many sets of postage?

Whereas 1 x 1kg bar at say £735 current average = approx £22.90 per oz plus one set of post.

Just an example of why it's important to work out why your doing this.

Welcome aboard 

Yep makes a lot of sense! I guess it'll come down to whether I like the feeling of buying coins or if the novelty wears off and I decide that larger chunks are the way to go

Thanks for the welcome one and all!

[LawrenceChard]

18 hours ago, j1df said:

Hi all! New to silver and collecting PMs in general. To be honest I actually became interested in silver by looking at pictures on a watch forum (another expensive hobby!) - one member's collection had a small silver bar nestled up between 2 watches and it got me thinking. Fast forward a few weeks and I've just picked up my first 1oz coin and it's all in from here!

It's early days so I don't know if I'd call myself a stacker or a collector yet. I know that gold gives a far better value to size ratio and so part of me thinks that, should I become a stacker more than a collector, Britannias or sovereigns is maybe a better way to go. That being said I do like the idea of owning a kilo of silver, so maybe I'll collect my first 33 coins and then see how I feel after that!

Silver or gold?

This might be interesting or helpful:

https://www.chards.co.uk/guides/advice-guide-for-uk-bullion-investors/1041

😎

[j1df]

1 hour ago, LawrenceChard said:

Silver or gold?

This might be interesting or helpful:

https://www.chards.co.uk/guides/advice-guide-for-uk-bullion-investors/1041

😎

Thanks Lawrence - will have a read! Coincidentally enough I have a couple of silver Britannias winging their way from your good self tomorrow - looking forward to their arrival!