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. 

Fractional Gold


SimonD

Recommended Posts

I have been collecting/stacking for about 2 years in a small way(small budget) and have bought a small amount of gold, all fractional. My largest is a 1/4 ounce Britannia. Would it be better to save for MANY months to buy larger pieces or buy smaller fractional pieces?

What are the thoughts on this by members here? 

Edited by SimonD
Bad spelling!
Link to comment
Share on other sites

I've been building out a fractional base and over time will get some larger pieces, anything above an ounce will be harder to shift though given price rises.  Sov size i think is pretty ideal for the majority weight 

Link to comment
Share on other sites

35 minutes ago, SimonD said:

I have been collecting/stacking for about 2 years in a small way(small budget) and have bought a small amount of gold, all fractional. My largest is a 1/4 ounce Britannia. Would it be better to save for MANY months to buy larger pieces or buy smaller fractional pieces?

What are the thoughts on this by members here? 

Bullion sovereigns are the way to go in my opinion..  if you manage to buy one sovereign every 2 months  its 6 sovereigns a year and can soon mount up over a few years  ..but wishing all the best in stacking in the near future my friend 

Link to comment
Share on other sites

54 minutes ago, SimonD said:

I have been collecting/stacking for about 2 years in a small way(small budget) and have bought a small amount of gold, all fractional. My largest is a 1/4 ounce Britannia. Would it be better to save for MANY months to buy larger pieces or buy smaller fractional pieces?

What are the thoughts on this by members here? 

If you look at things in terms of biscuits it's easier to get people to eat one than to eat a whole packet. Same with gold. You stick a full ounce up for sale and it immediately excludes a large section of the silver population whereas a sovereign or a happily affordable 1/10th Brit will be hoovered up before you can refresh your page to see if your ad has been loaded successfully. 

I sold a sov on here in a minute a few weeks ago. It was a bit cheap but if it had been a 1oz Brit I'd probably have ended up reducing the price slightly to garner some interest or put it up for auction for a £1 start and fretted all weekend 'till I broke even. 

Of course people do buy gold ounces all the time but why reduce your sales audience by melding several affordable assets, sovereigns for example, into a one ounce beast few can afford to buy on whim. 

There's also less risk dealing in quarter ounces if something goes wrong.

Nope. A one ounce bullion is four times the stress without four times the fun. Give me a sov or wee beasty any day.

All this assumes you want to sell one day, which I assume you do, or they'd be no point buying, unless you had a gold fetish, which is perfectly understandable and a recognised condition on theses boards lol.

Edited by CazLikesCoins
Link to comment
Share on other sites

5 minutes ago, Maxx546 said:

Bullion sovereigns are the way to go in my opinion..  if you manage to buy one sovereign every 2 months  its 6 sovereigns a year and can soon mount up over a few years  ..but wishing all the best in stacking in the near future my friend 

yep im just going to try and get all the dates now to keep it interesting, all in bullion though to keep it simple.

Link to comment
Share on other sites

Personally, bullion sovereigns and half sovereigns, 1/4 oz and 1/10 oz are my choice. If fortunate enough to procure gold frequently then I’d always rather see a Sov a month than waiting 4 months to get an ounce. Frequent dopamine hits keep me on the fractional coins and I do think long term they’re easier to shift assuming gold prices continue to rise

Link to comment
Share on other sites

11 minutes ago, JamesH said:

Personally, bullion sovereigns and half sovereigns, 1/4 oz and 1/10 oz are my choice. If fortunate enough to procure gold frequently then I’d always rather see a Sov a month than waiting 4 months to get an ounce. Frequent dopamine hits keep me on the fractional coins and I do think long term they’re easier to shift assuming gold prices continue to rise

Those fractionals really take the edge off. Have you tried the 1/10oz minted Baird? It's a really good hit 😅

1104788308_Screenshot2023-03-19at19_00_20.png.fe8a4433c2b9830d1219c17ad32e9faf.png

Edited by CazLikesCoins
Link to comment
Share on other sites

3 minutes ago, CazLikesCoins said:

Those fractionals really take the edge off. Have you tried the 1/10oz minted Baird? It's a really good hit 😅

1104788308_Screenshot2023-03-19at19_00_20.png.fe8a4433c2b9830d1219c17ad32e9faf.png

Not even ventured down the bars route yet. Feel like I’m being taken over to the dark side 

Link to comment
Share on other sites

Just now, JamesH said:

Not even ventured down the bars route yet. Feel like I’m being taken over to the dark side 

Small gold bars. Or Bairds lol. They're also nice for birthdays and Christmas gifts. Not for everyone lol. Most people get socks.

Also if they're kept in the outer packing, you're basically paying rental to store cardboard. Bit of a dilemma there. It's all checks and balances haha :D 

Link to comment
Share on other sites

As many have said. You can't go wrong with a hand full of sovereigns. Lots of variety to keep any one interested and a wonderful way to have a varied collection whilst maintaining a consistent theme. Then if you need to sell, they are one of the most liquid coins in Britain.

Link to comment
Share on other sites

4 hours ago, CazLikesCoins said:

If you look at things in terms of biscuits it's easier to get people to eat one than to eat a whole packet.

I would say the opposite, especially if they're Kit Kats or chocalatey hob nobs. Speaking purely as a bat fastard!

 

 

Link to comment
Share on other sites

Thank you all for your input.

I have bought a couple of 2022 half sovs and also a 1/4 proof memorial sov (god save the queen!) but was not sure if fractional is the way to go...... I think I will be trying to get a full sov next.

Link to comment
Share on other sites

 Sovs are great and everyone rightly espouses ease of sale however I will say that there is a sense of weight and solidity to having a 1oz 9999 gold coin in hand. They are very expensive but they are very nice, also buying here you may get them damn near at spot if you don't want anything too specialised so can pound for pound actually be cheaper.

Link to comment
Share on other sites

16 hours ago, CazLikesCoins said:

If you look at things in terms of biscuits it's easier to get people to eat one than to eat a whole packet. Same with gold. You stick a full ounce up for sale and it immediately excludes a large section of the silver population whereas a sovereign or a happily affordable 1/10th Brit will be hoovered up before you can refresh your page to see if your ad has been loaded successfully. 

I sold a sov on here in a minute a few weeks ago. It was a bit cheap but if it had been a 1oz Brit I'd probably have ended up reducing the price slightly to garner some interest or put it up for auction for a £1 start and fretted all weekend 'till I broke even. 

Of course people do buy gold ounces all the time but why reduce your sales audience by melding several affordable assets, sovereigns for example, into a one ounce beast few can afford to buy on whim. 

There's also less risk dealing in quarter ounces if something goes wrong.

Nope. A one ounce bullion is four times the stress without four times the fun. Give me a sov or wee beasty any day.

All this assumes you want to sell one day, which I assume you do, or they'd be no point buying, unless you had a gold fetish, which is perfectly understandable and a recognised condition on theses boards lol.

Totally agree, a sound strategy, best wishes with you journey down the river of gold

Link to comment
Share on other sites

10 hours ago, CazLikesCoins said:

Thank you. Although the way things are going it's more like waiting for the occasional tap drip rather than a rowing in fast flowing water :D 

Yes it sure takes some cash make a stack and I'm not well off but no matter how small a stack you have you are better off than a person with no  stack at all eh, and looking at the banking news right now even a small stack looks like it may grow in to a larger stack rather quickly!

Link to comment
Share on other sites

11 hours ago, slack said:

Yes it sure takes some cash make a stack and I'm not well off but no matter how small a stack you have you are better off than a person with no  stack at all eh, and looking at the banking news right now even a small stack looks like it may grow in to a larger stack rather quickly!

Very true. I've been looking at 1/10th Brits. Quite cheap compared to most of what else is on offer and a lovely coin and as you say, if you keep at it, it can mount up over time.

Link to comment
Share on other sites

Agree with pretty much all the above, before discovering the forum I looked more at oz's and such, then on the advice here I started on sov's with the odd double and proof mostly to keep up interest, I have not been interested in halves and quarters due to the premium paid but since the recent rise in gold price I am now looking at certainly halves not so much from affordability, my stacking is not with a view to selling but passing my hard earned cash to the next generation but looking to the future that if (when!) the price climbs again the fractionals would be easier and better to sell for a bit of cash if needed.

Edited by danieldorkins

I try to buy gold with my head and silver with my heart, sometimes..........I just get it wrong!

Link to comment
Share on other sites

  • 2 weeks later...
38 minutes ago, slack said:

Yes. I worry about the same issue, Ive got terminal lung cancer so in time my 'collection' will be passed on, so its 'sellability' is a critical factor, I suspect many a coin collection that has been carefully and lovingly put together over many years has been passed on to a new generation only to be broken up and sold off cheaply either through ignorance, carelessness or even dodgy dealers taking advantage of the sellers lack of knowledge, my only answer to this is to keep the collection as simple as possible (not easy) and leave copious notes with the collection for my son to decipher in years to come, best wishes to all

Really sorry to read this Slack. Hope you get to spend as much time as possible with those you love. Thanks for sharing

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