All I want for Christmas is . . . . . . . . ? 1oz of GOLD? a sovereign??? let's get it and all be part of the journey

[Paul]

Well, the way spot is going

I look forward to seeing all our collective quarter sovereign purchases come Christmas 🎄🎁

I might buy a few tubes of silver instead, apologies for swearing 

[Paul]

How's everyone's savings 💰 coming along ? 💸  💰 

Are we all still on track ? 

Still on the gold savings train? 

🚂 Choo! Choo !! 

Destination Christmas 🎄 🎁

[Gruff]

40 minutes ago, Paul said:

How's everyone's savings 💰 coming along ? 💸  💰 

Are we all still on track ? 

Still on the gold savings train? 

🚂 Choo! Choo !! 

Destination Christmas 🎄 🎁

Well, on track and a little ahead of December's price and initial target. Might need to up the game as 5 sovs could very £2500 or more at the end of the year

[Brit2023]

Does it count if we sell other non gold coins?

[paulmerton]

I can see silver sovereigns becoming more popular this Christmas.

[Gruff]

3 minutes ago, paulmerton said:

I can see silver sovereigns becoming more popular this Christmas.

Is there such a thing? I know nothing about sovs. Time I learnt really...

[Upsidedown]

53 minutes ago, Paul said:

How's everyone's savings 💰 coming along ? 💸  💰 

Are we all still on track ? 

Still on the gold savings train? 

🚂 Choo! Choo !! 

Destination Christmas 🎄 🎁

Half way

[Gruff]

1 minute ago, Upsidedown said:

Half way

What's half way? What were you aiming for? 5 sovs? 

[Upsidedown]

Just now, Gruff said:

What's half way? What were you aiming for? 5 sovs? 

5/10 sovs

I've got more but some were technically trades

[Gruff]

Just now, Upsidedown said:

5/10 sovs

I've got more but some were technically trades

I thought the plan was to save up and then all buy in December as a Christmas present to ourselves, no?!

[Upsidedown]

Just now, Gruff said:

I thought the plan was to save up and then all buy in December as a Christmas present to ourselves, no?!

Was it? Or am I on the wrong thread.

Thought it was a "what do you want to save this year" thread lol

[Gruff]

On 16/11/2023 at 19:08, Paul said:

What will it cost ?

So based on todays prices 

• 1oz gold Britannia = £1650
• 1 full sovereign = £385
• x5 sovereigns = £1925

This works out as follows

Daily cost:

• 1oz gold Britannia = £1650 / 365 days =  £4.52 per day
• 1 full sovereign = £385 / 365 days = £1.05 per day 
• x5 sovereigns = £1925 / 365 days = £5.27 a day 

Weekly cost:

• 1oz gold Britannia = £1650 / 52 weeks =  £31.73 per week
• 1 full sovereign = £385 / 365 days = £7.40 per week
• x5 sovereigns = £1925 / 365 days = £37.07 per week 

Monthly cost:

• 1oz gold Britannia = £1650 / 12 months  =  £137.50 per month
• 1 full sovereign = £385 / 12 months = £32.08 per month
• x5 sovereigns = £1925 / 12 months = £160.41 per month

This was the original... 

At the moment, the 5 sovs based on https://tavexbullion.co.uk/gold/great-britain-memorial-sovereign-2022/
Is £449.23 each, so £2246.15, an increase of £321.15 on the price back in November last year 

[Gruff]

On 16/11/2023 at 19:08, Paul said:

As we begin to approach the Christmas season, ive had a little bit of a fun idea which could be good to do as a forum collective and enjoy the journey together over the next year

As stackers we all want more gold but near all time high price, cost of living, inflation, interest rates it is hard to do for some in one purchase 

My idea is we ALL collectively choose a purchase for December 1st 2024 and save towards it enjoying the journey 

This can be whatever you want to allow for your own budget, big of small. 

This was the original, but however it gets cut, I'm sure we all won't mind  

[Upsidedown]

1 minute ago, Gruff said:

This was the original, but however it gets cut, I'm sure we all won't mind  

Then in my rash attempt to avoid reading words, I appear to have misinterpreted.

[Paul]

4 minutes ago, Upsidedown said:

Was it? Or am I on the wrong thread.

Thought it was a "what do you want to save this year" thread lol

You'll be the one with the best value for money gold for best price with this mistaken understanding at this rate lol 

Wish I'd thought of that 😉

[Gruff]

Just now, Upsidedown said:

Then in my rash attempt to avoid reading words, I appear to have misinterpreted.

Nae bother. As Paul has stated your strategy appears to be working wonders at the moment!

[Paul]

3 minutes ago, Gruff said:

This was the original, but however it gets cut, I'm sure we all won't mind  

I'll get chatGPT to redraft and proof read it for next years gold save'a'thon now I know how to use it 😁

[Gruff]

Just now, Paul said:

I'll get chatGPT to redraft and proof read it for next years gold save'a'thon now I know how to use it 😁

Excellent idea

[Upsidedown]

Well that's Christmas cancelled 🤭

[paulmerton]

28 minutes ago, Gruff said:

Is there such a thing? I know nothing about sovs. Time I learnt really...

Yes, if you count the Gibraltar things and a few others that claim to be silver sovereigns.

I was expecting some kind of Wonka based silver sovereign merch too after the movie.

[ZRPMs]

1 hour ago, Paul said:

How's everyone's savings 💰 coming along ? 💸  💰 

Are we all still on track ? 

Still on the gold savings train? 

🚂 Choo! Choo !! 

Destination Christmas 🎄 🎁

I need to do a check and total what's been sold But I think I'm approaching £2000 now so on track for either the 5 sovereigns or the rarest sovereign I can afford with what I have saved.

[Paul]

38 minutes ago, ZRPMs said:

 or the rarest sovereign I can afford with what I have saved.

That sounds good. Now I follow all auctions and learning more than just bullion and weight, the very best graded older pieces certainly seem to shine

IE if you buy the best in class graded

[Olivard]

1 hour ago, Gruff said:

Is there such a thing? I know nothing about sovs. Time I learnt really...

Isle of Man have done one for D Day at £35.  Loads of adverts on TV which might mean it's not selling.  Only in proof.

[Brit2023]

2 hours ago, Upsidedown said:

5/10 sovs

I've got more but some were technically trades

Couldn’t wait till Christmas for his present😂😂😂

[ZRPMs]

2 hours ago, Upsidedown said:

2 hours ago, Gruff said:

I thought the plan was to save up and then all buy in December as a Christmas present to ourselves, no?!

Was it? Or am I on the wrong thread.

Thought it was a "what do you want to save this year" thread lol

Prematurely using your Christmas spending money. I sure there's a joke in there somewhere. I'll just say well done at locking in the price in the dip.