Newbie with some questions

[Gordy]

2 minutes ago, Lancashire1 said:

Just buy what turns you on

open to the NBS this one

[James32]

2 hours ago, Cubic said:

Thanks for all the replies, some great info! I think I might just do the suggestion of the 1oz coin one month and 2 sovs the following.

Who are the main reliable dealers that people use?

You'll need a membership to see his sale's post, but @QuantumStacker currently has 10 x 1oz gold Britannia coins listed at £1625 posted special delivery. No dealer this side of the grand canyon can beat that

[SeverinDigsSovereigns]

1 hour ago, Earthmetal said:

As a slight aside, I wonder why the half-once coins are relatively ignored? 1/10, 1/4 & 1oz are all more popular.

1/4 same size as the sov, 1/10 for the povoes. 1/2s are unpopular for the same reason double sovs are, namely you don't get the same liquidity of the smaller ones, and not the aesthetics of the big

[LemmyMcGregor]

2 hours ago, Earthmetal said:

Here's the top six from my list of websites:

 

Add Chards and we're game

[LemmyMcGregor]

2 hours ago, Earthmetal said:

As a slight aside, I wonder why the half-once coins are relatively ignored? 1/10, 1/4 & 1oz are all more popular.

Tenths and quarters are for the peasants like me that want to play the big game but can't afford the full ounce, I would have to save 6 months to get a full ounce at my current buying rate; once you start being flush and having grands in your pockets, I don't see why buying the half, unless you want the odd one for collection.

[Bigmarc]

3 minutes ago, LemmyMcGregor said:

I don't see why buying the half, unless you want the odd one for collection

I tried looking for a couple a few years back and found them relatively hard to come by. Always out of stock so just went for best value instead

[ChardsCoinandBullionDealer]

On 03/01/2024 at 12:27, Cubic said:

Hello all,

I've been considering buying some gold for a while to stick in the safe for a decade or 2. I have a couple of questions though if anyone would be kimd enough to help.

First, after having a quick read through the forum there seems to be a concensus that prices are going to tumble this year, therefore the question is should I buy now or wait? I know nobody has a crystal ball and it's educated guess work but it's a question worth asking.

Second, I think I've decided on 1oz Britannias. Is this a good starting place or are there better options? 

Im probably looking at initially buying 2 coins and then maybe 1 every other month after that if this makes a difference.

Third, I've looked at Tavex to make.my purchase, again, is this the best place to go or can I get it cheaper elsewhere?

Thanks in advance 😀

Firstly, welcome to the forum! You're asking some very sensible questions. You might be interested in giving our Beginner's Guide to Gold Investing a quick read over, as it does tackle some of these queries:

https://www.chards.co.uk/guides/beginners-guide-to-gold-investing

If you do decide to go ahead with a gold Brit, we do have them in stock (new and secondary market) at a low premium at the moment, but our best outright deal at the moment is a 2% premium on secondary market here (£1642.58 at time of writing):

https://www.chards.co.uk/gold-britannia-coin-minty/12650

Wherever you buy from, welcome to gold investing!  

 

[Brit2023]

Welcome

, you may find that your emphasis shifts as you find out more. My first foray was gold bullion, any gold bullion.  Over time I moved to RM coins only for reasons that have been previously stated. I mixed quarters and ounces and chose  designs I liked and fortunately prices have risen since I first started. Now it’s a hobby. 
I’ve only been on here a few months and learnt far more than when I was “flying solo”….so good luck to you and remember the only stupid question is the one you didn’t ask.

[Petra]

57 minutes ago, ChardsCoinandBullionDealer said:

Firstly, welcome to the forum! You're asking some very sensible questions. You might be interested in giving our Beginner's Guide to Gold Investing a quick read over, as it does tackle some of these queries:

https://www.chards.co.uk/guides/beginners-guide-to-gold-investing

If you do decide to go ahead with a gold Brit, we do have them in stock (new and secondary market) at a low premium at the moment, but our best outright deal at the moment is a 2% premium on secondary market here (£1642.58 at time of writing):

https://www.chards.co.uk/gold-britannia-coin-minty/12650

Wherever you buy from, welcome to gold investing!  

 

Wherever you buy from the guides that chards have put together are well worth a read🤔

[LemmyMcGregor]

1 hour ago, ChardsCoinandBullionDealer said:

Firstly, welcome to the forum! You're asking some very sensible questions. You might be interested in giving our Beginner's Guide to Gold Investing a quick read over, as it does tackle some of these queries:

https://www.chards.co.uk/guides/beginners-guide-to-gold-investing

If you do decide to go ahead with a gold Brit, we do have them in stock (new and secondary market) at a low premium at the moment, but our best outright deal at the moment is a 2% premium on secondary market here (£1642.58 at time of writing):

https://www.chards.co.uk/gold-britannia-coin-minty/12650

Wherever you buy from, welcome to gold investing!  

 

See, is enough to say the name.

[Earthmetal]

18 hours ago, LemmyMcGregor said:

Add Chards and we're game

They're at number ten.

[Cubic]

Thanks guys, you lot are great! 

Took the plunge and made my first purchase today. Ordered the Brit and should have it tomorrow! 

[Gordy]

1 minute ago, Cubic said:

Thanks guys, you lot are great! 

Took the plunge and made my first purchase today. Ordered the Brit and should have it tomorrow! 

you gonna be excited...... keep a listen oot for the postie cos if you miss him..... oh dear, we all know that feeling matey

[James32]

11 minutes ago, Cubic said:

Thanks guys, you lot are great! 

Took the plunge and made my first purchase today. Ordered the Brit and should have it tomorrow! 

From where and how much if I may ask?

[Cubic]

20 minutes ago, James32 said:

From where and how much if I may ask?

https://tavexbullion.co.uk/gold/1-oz-britannia-gold-coin-2023/

£1654 if I remember right

[James32]

5 minutes ago, Cubic said:

https://tavexbullion.co.uk/gold/1-oz-britannia-gold-coin-2023/

£1654 if I remember right

Decent price for a dealer and complete peace of mind for first purchase. Please look into a membership now though on here, it will pay for itself over and over in money saved compared to dealers. 

[Cubic]

Just now, James32 said:

Decent price for a dealer and complete peace of mind for first purchase. Please look into a membership now though on here, it will pay for itself over and over in money saved compared to dealers. 

I will do that! As you say, it was peace of mind with me having very limited knowledge this time around!

[Cubic]

On another subject. I have a box full or old coins. There's quite a few silver coins but no gold I'm afraid. I've no idea what to do with it, where would you take a box of old coins?

[James32]

1 minute ago, Cubic said:

On another subject. I have a box full or old coins. There's quite a few silver coins but no gold I'm afraid. I've no idea what to do with it, where would you take a box of old coins?

You could try and find an antique type shop, or break into bundles and make a post on here and I'm sure people will help identify. 

[kimchi]

On 03/01/2024 at 13:48, 17RSB said:

...

Also in regards to where to purchase I d suggest upgrading your membership to Silver and then you can use the Compare tab where all the dealers are and it shows best price for a variety of coins (if your going down the dealer route). Or you can purchase off the forum and get lower premiums too.

...

For some reason I don't see Atkinsons on most of the 'compare' comparisons (?).

This is the link I have saved. I'm sure it varies but I found them cheapest last year at around 1.6% premium on pre-owned 1ozs, which is very good from a major dealer (could find cheaper on here or other groups, but do your due diligence on the seller ofc).

https://atkinsonsbullion.com/gold/gold-coins/1oz-gold-coins/pre-owned-2023-uk-queen-elizabeth-ii-britannia-1oz-gold-coin?pid=27445

@Cubic with your intention of a regular purchase I would speak to a few before you buy too much, and make sure you have a super helpful account manager/contact in place  

Edited January 4 by kimchi

[SovereignBull]

16 minutes ago, Cubic said:

On another subject. I have a box full or old coins. There's quite a few silver coins but no gold I'm afraid. I've no idea what to do with it, where would you take a box of old coins?

 

22 minutes ago, James32 said:

Decent price for a dealer and complete peace of mind for first purchase. Please look into a membership now though on here, it will pay for itself over and over in money saved compared to dealers. 

Be careful with membership! There are so many good deals your pockets will soon be empty of fiat! 🤣 Best thing I did was get membership here 🥳

[Gordy]

31 minutes ago, Cubic said:

https://tavexbullion.co.uk/gold/1-oz-britannia-gold-coin-2023/

£1654 if I remember right

and a nice box too

[Cubic]

1 minute ago, Gordy said:

and a nice box too

It comes with a box?

[James32]

1 minute ago, Cubic said:

It comes with a box?

This type of cardboard box, but as far as dealer's go, very good presentation. 

[Cubic]

Just now, James32 said:

This type of cardboard box, but as far as dealer's go, very good presentation. 

Nice! Beats the envelope with a coin rattling round in it I was expecting 🤣