Stacked gold (fractional) & silver (1 & 10oz)... I live in South Africa with an extremely unstable economy & decided to liquidate the majority of the silver & only go for gold in 2024.
@@2is1gold, it may be worth touching up on in a video, even though you're from the U.S. I wouldn't mind your advice on it either. ^ I am aware that the Royal Mint's digigold service is susceptible to cyber attacks, but should that reason alone make me stay well clear of it?? It's worth mentioning that it does attract CGT and VAT, but you don't pay for premiums.
Been watching your channel for a year now so still new to this. This video really helped put things in perspective. I find it hard to stay patient and buy smart. Trying to stay focused and not get distracted by shiny objects, which is very difficult when dealing with shiny objects.
Ha, it’s definitely hard. When the bad choices are still pretty good, that makes it even harder! 😄 The little mistakes escalate in a sale, though. I learned that lesson the hard way. (By repeating it twice!)
WOW, 22 oz in 1 year!? Had you put that into an S&P index fund (even just $10k) you'd have had a 24% return. That's ~$12,500 now after just 1 year. In the form of gold, all that money is essentially frozen and cannot work for you. Some individual securities I acquired last year did even better. Happy stacking! Great channel!
@@AurumAura31103 you know gmanEVO just said he did that in 2023 he didn’t let us know about all the properties he acquired in 2018 and how those have risen drastically or that he also invested in Bitcoin in March of 2020 when it was $3,000.00. He just gave us a glimpse into the wealth he froze in case all else fails. You never show your whole hand.
I don't have that much money to save in gold and silver, but I will prioritize gold over silver (even with the low silver price). I really want to buy a gold buffalo because it is precious coin.
Love the advice on keeping the gold stack simple. I only stack AGEs, Maples, and Britannias. As to fractionals, yeah, I know that they cost more per oz. but they also give me more. Not more gold, of course, but more flexibility. During hard times, I only want to sell as much gold as I need to sell to meet whatever needs I might have at that time. This keeps more of my wealth in gold, rather than whatever fake money currency the US Gov is pushing at the time. IMO, this could be MUCH more important than whatever premium I paid for the fractional gold coins. That said, my stack is about 75% in 1-oz. coins, 15% 1/2 oz. coins, and 10% in 1/4 oz. and coins, by weight. It's a good mix and should do what I need them to do. The end game for this gold stack is to: 1) ensure that I can always pay my property taxes; 2) augment my retirement funds, if necessary; and 3) leave something for my kids and grand kids that will (hopefully!) make their lives a little better. The gold stack is not all that they will receive but it is the largest part of what seems likely to be most reliable during hard times.
1/4 oz gold Britannia are for a good deal at SD Bullion right now. I think about 4.5% over spot. I know gold’s is currently high right now but decent prices over spot.
I first bought gold in March of 1980 for about $250/oz. If I had bought just an ounce a month, I would have almost 500 ounces now, worth over $1million. If you are young, start your savings plan now.
I haven't bought any gold (or Platinum) in nearly 6 months... I have been focusing on vintage instruments that have dipped a bit from the hyper buying from the pandemic lock down period. I will start to buy again to complete some tubes" but I am awaiting a drop below $2K... we'll see, maybe won't happen but that is my plan
Well am a direct miner in sierra leone,and if you intend to buy from sierra leone feel free to contact me and ask any question based on mining and buying of both minerals
The ratio of silver vs. gold in the earth's crust is 17.5 : 1. Because the silver and gold markets are being manipulated right now by the big banks and speculators, the current (artificial) value of silver vs. gold is 91 : 1. So... all I'm saying is to use your brains. It's only a matter of time before something happens and one of the megabanks finally demands physical delivery of the silver that the derivatives are based upon. Just watch what happens to the price of silver at that point. There's another issue. In 1933 when the economy had collapsed and the Great Depression was in full swing, all it took was an executive order by Roosevelt to make owning gold **ILLEGAL**... on pain of a jail term. What are you going to do when the dollar collapses and CBDC is mandatory? To whom will you sell your gold without Big Brother knowing about it? You won't be able to buy a pack of chewing gum or a roll of toilet paper without the government knowing your business. Fortunately, the government has typically never been overly interested in the silver that private citizens own. On a final, related note: your vote matters. Please know where your elected representatives stand... or be prepared.
For me it’s Bullion Sovereigns , Numismatic Sovereigns & 1 or 1/2 oz Britannias if I get some extra money from somewhere!!. The Numismatic Sovereigns, especially modern can be bought for a few percent over spot and who knows how valuable they become in the future
Started with pre-33 in 1994, have been buying 24 Carats lately, adding 4 oz/year, mix of 1/4, 1/2 and full oz, depending on whatever cash my side hustle brings in, as I am 'retired'. Slow and steady wins the race, you will not get wealthy buying precious metals, it will preserve the wealth you build.
I have a 8 oz yearly goal. I buy Buffalos and I buy 1/2 oz Eagles. I could probably buy a couple more ounces. But I like to put cash away for those unexpected expenses. I admit to blowing some on travel too. 😉
I only buy gold Buffalo (1 oz), I picked up 4 this month, but want another 8 oz before end of 2024. My goal is usually 10 to 12 oz per year, so long as the prices don’t skyrocket.
If gold is gold - and your coins are all 18k - what does it matter if it’s an Eagle , Buffalo, or gold bar. Isn’t gold just gold ? Obvi, notwithstanding coins with numismatic value
Forget about platinum. I bought gold at $1138 when platinum wasn't much cheaper. 9 years later gold has almost doubled while platinum fell from over $1000 to $850. Boy am I glad I resisted the temptation to buy platinum!
Fridge…I guess it does possess that ‘je ne sais quoi’ that makes me feel like it’s ok a sovereign mint makes a coin that looks like the machine operator flunked out of shop class 🤣
In Australia we typically don’t have 22crt gold as that’s taxed, 24crt is what people buy to be not taxed on purchase. Our coin shops don’t get in eagles only buffalo’s due to this tax rule either 22crt. then CGT is 50% if you hold it 12 months or more. Maples tend to be cheaper than kangaroos for some odd reason.
Do gold Buffalos only come in 1 oz coins? I thinki would go for gold eagles all day, but i think i want at least one gold buff to hold and look at, but if i want "collector coins" the perth mint have nice silver coins haha i just bought a 40th anniversary silver tmnt coin from the perth mint at like 20% above spot only because i just wanted the one coin, that includes the shipping
I know yours isn't the only opinion around, but it resonates with my sensibilities. After binging your videos, the biggest takeaway for me personally is that a lot of the non-numismatic silver I've bought would be difficult to sell at best, and while I got it all at good prices, it won't be worth the hassle later on down the line...damn. So I was thinking I might turn it into jewelry, maybe add some value to it through labor. I dunno, is that too fanciful? Let's assume I'm not too worried about recouping the cost of the tools, since I buy many tools in my line of work, anyway.
You can flip semi numismatic silver pretty successfully but it takes work. The problem is the people “promoting” it typically have personal platforms, so it can seem easier than it actually is. I don’t know enough about jewelry to say much there, but I’d guess you probably have a number of options. Cheers!
I just made it a point to buy a 10th ounce american gold eagle today 240.00 plus tax😢 actually i took 3 silver eagles and 9bucks junk silver and it was an even trade i just had to pay the tax (22.00) i took a loss i know but i needed some in my posession already. I have gold jewelry but bullion is a different beast. My strategy all tho expencive will be to buy a silver eagle or two every paycheck (more after i quit weed, im working on it my mom just recently passed away uts helping more than hurting so im not quitting at this very moment) amd once i get 8-9 ill take them in and trade them for a tenth ounce. Once i get enough 10th ounces ill trage them for a half ounce. Half ounce will be the biggest ill go for now. Ill buy the ounce when i can comfortably afford it. Now this is just for fun/future. Thank you so much for all you do for us newbies.
The things to do to meet a direct private seller is just to have one broker/mandate that are very transparent and honest with you,am direct miner and i manage the mining site here in my province in Sierra Leone. Security is maximum when buying from me here in S/L, i just need a serious buyer and very transparent buyer that i can do a longtime business with and introduce him to my family too and even the village chiefs
Thanks for the video. I am retired and on fixed income, a monthly purchase of a quarter ounce coin is my only alternative. I go with the lowest premium which is Britannias for now.
One of the most important things you mentioned that many folks ignore is consistency. Probably because seeing a bunch of different designs is exciting. Find the most liquid coins in your area and make a list of them. Then figure out what you like the most and stick to those. Trust me when I say that having a pile of the same kind of gold is pretty exciting. It's also far easier to sell when the time comes.
"Find the most liquid coins in your area and make a list of them." Note also which metals are favored. When I dropped in to the largest LCS in my area a few months ago, they didn't have a single oz. of Pt or Pd to sell. They were 100% in gold and silver. Pt and Pd prices are down, so it's tempting to buy low in the hopes of selling high later. While that might work, it also might mean that you'll have to sell them online. Not that this is usually an issue but it can cause your sale to take longer and the added risk of losing a shipment will be there as well. Straightening that out can take weeks or more.
@@edb3877 I know some folks really like platinum but making sure that they can sell it easily is a good idea. Some shops I've visited have zero interest in buying either Pt or Pd. If their customers don't want it they're probably not going to buy it and if they do it's going to be something they resell to their dealer network so they'll be paying way under on it
I guess you are asking 2 is 1 that question, and I guess he will say, "yes premium matters". I myself am in your camp. But if you have to sell sooner than you expect, then 2 is 1 would be right.
Great advice to follow regarding GOLD. I know that I've already taken into consideration a lot of what I've learned through watching your channel once it's come to making my first gold purchases.
Keep in mind that although the American Gold Eagle may be the most popular Gold Bullion Coin, it is taxable in many regions around the world because it is 22K and not considered "Investment Grade" the same way a 24K Gold Coin would be.
Where's the best place to buy gold and silver? Or best company to buy from? I've recently found a passion for metals, copper, gold, silver and coins too... I'm pretty new to a lot of this stuff but its very interesting
One of the best place to buy the gold is from Gold Souk in Dubai. But if you intend to come and buy from sierra leone feel free to contact me because am a local miner here too
I have 3 1 oz gold coins and 18 1/4 oz. I refuse to buy a 1/10 oz because of the ridiculous premium. Just bought a half oz AGE. Thinking I should have just waited an bought a 1 oz
For the 1/4 ounce gold, why do you choose Eagles over Maples or Britannias? Seems like a solid choice, but just curious if there is something that gives them an edge in that size?
It depends on why you are stacking. I buy as a hedge for the future. In full belief that the US economy will totally fail. In that scenario, .9999 Gold of any kind is best with the best total cost per ounce is the Best Buy. When it come to use of the Gold or Silver in the scenario for which I stack, the mint of the style of real GOLD or Silver will not matter. I agree with much of what was said if your goal is to buy cheap and sell later for a profit. That is not my goal.
1/10 oz gold is pretty similar to 10 oz generic silver bars typically. That’s why I don’t have 1/10 oz gold. I’d have to consider silver at that point.
locally we have marenghi, known worldwide as the european 20 francs/liras; with a bit of luck in finding the right place, you can buy them with 3%+ premium and when you sell them the shop will keep another 3%+ cut. But we pay 26% taxes on the surplus income (you buy for 350, 10 years later you sell for 400, you have to pay 26% of 50). Firm points I've learnt from you and other channels: don't buy gold for investment, buy it as an emergency plan in case your country/currency collapses, and to preserve the value of your savings. Two thousand years ago, a cow would sell for 2 gold coins; in 2024, a cow still sells for two gold coins.
Excellent advice. I would advise myself to use the same method starting out. After a substantial base-stack, I still wander over to collecting different stuff, but that is only for my own entertainment, and not as efficient. But its fun. :-)
I would like to see a better video A video talking about what's coming with Brics Nations and the Fall of the United States dollar what coins would be best for bartering if you need to buy food if you need to buy medicine... I believe we're going to be going into hyperinflation if Trump does not get elected.
This the best presentation - Information that is XTRMLY important & Information that should be Embraced, Absorbed & Aapplied to any & all Au Gold buyers ( new or old buyers ) Very Important to establish a VERY clear & Precise exit plan *** AND *** be sure to share this plan to others who will benefit in the event you cross over. **** Really enjoy 2 is 1 Presentations * * * Many Content presenters can learn alot from 2 is 1 The professional, calm voice, easy to understand material, straight information with no gimmicks. Stay away from snake oil salespeople that offer you round stickers if you watch their channel If you buy what you like . . OK However . . I want product that local sellers will pay top $$$, I want product that dealers will B looking so they can sell for that quick flip.
No difference here. I have heard that some countries have a preference for 24K, but in the US, nothing to worry about. Most likely, you won't be selling to a refiner anyway. Most people will sell to dealers and 22K vs 24K not an issue here. Another option is private party sales but this is more trouble to deal with.
Not at all,there will be negotiation(Down Price) in price for purchasing the product depending the relationship you have with the owner or maybe you have been supporting him to run the mining site.
The Liberty x Britannia doesn’t interest me. That doesn’t mean it won’t do well. It just takes a lot for the U.S. Mint to convince me their wild premiums on special releases are worth it.
I’m just getting into this and the prices are really high. Is there a “bad time” to buy? And would it be possible to make a video on how to know when to buy?
Salaam,yes here in Sierra Leone during the raining season minerals are really expensive because only few miners can go to the mining site due to heavy stormy weather and rain. But you intent to buy from sierra leone feel free to contact me here
I've been following you a couple of years now. You have the best most informative channel on RUclips. You always keep it interesting and classy. Thanks I've been told that the American bullion is almost as disliked as Americans worldwide. Canadian Gold maples are the most accepted.
Great information but the %'s are much lower with Minot Coins & Coinhuskers!!! Your right that the buy sell spread is important to Research! Also the Maple Leafs always seem to be a better value than the AGEagles "but" I'm NOT a fan of Charlie on the back so I'll opt for older ones with Queenie!
As always a great informational video, thank you. Okay, silver, ugh. I have some 1 oz. silver maples I've lined up for sale. They are at a depository, so it's fairly easy to move them. The huge problem for me is the fluctuating sell premium. I needed my sale price to be $23.33. I had it all figured out if the spot price would go to $23.08 and the current sell premium was $0.25. I arose from slumber Thursday (yesterday), and oh boy Silver Spot was over $23.08. By the time I got the old laptop fired up and logged into the depository the spot price had dropped to $23.08, I gotta hurry. I checked to be sure the premium sell price was still $0.25 BUT the dealer had dropped the sell premium to $0.05. So, I still haven't sold the silver maples. Just more frustrated with Silver.
New buyer here, just want to put some savings away, looking to buy about 1k worth of gold coins. Live in Canada, love the 1/4 oz buffalo, but canadian mint says its all sold out, any tips on where else i could pick some up ?
Good advice.I have a lot of different coins and bars. I love the buffalo and older eagles.sometimes you just have to get one libertad or a kukerand just to have one or a French franc!!
Good plan!, my goal for this year is 3oz, - 2 1oz coins and 2 Australian Sovereigns and a 1/2oz Lunar Dragon. Perthmint just gave me their catalogue and i am thinking it will be an interesting year for them. Am currently reading - The richest man in Babylon - Great book to get and great amount of information.
Thanks. I highly value your advice. In your opinion should I get my Buffalos graded seeing that they are a softer coin? This not only preserves them, but also athenticates the coin and gives it a grade or am i wasting my money?
Instructions unclear, ran out of money 😔
Same 😬
Sounds about right I'm not getting 12 oz.
Get money, upgrade to gold.
Hahah
Impossible buying gold 😂
Simple for me in UK, been stacking ONLY full sovereigns and 1oz gold Britannias, perfect😊😊
I’m jealous of your CGT exemptions!
@@2is1gold Agreed. We need more states to declare gold and silver to be "money". If enough states do this, the US Gov *may* follow. Hope so.
Stacked gold (fractional) & silver (1 & 10oz)... I live in South Africa with an extremely unstable economy & decided to liquidate the majority of the silver & only go for gold in 2024.
I'm from the U.K too. Do you not see the Royal Mint's digigold as a good idea for savings in the long term??
@@2is1gold, it may be worth touching up on in a video, even though you're from the U.S. I wouldn't mind your advice on it either. ^
I am aware that the Royal Mint's digigold service is susceptible to cyber attacks, but should that reason alone make me stay well clear of it?? It's worth mentioning that it does attract CGT and VAT, but you don't pay for premiums.
Been watching your channel for a year now so still new to this. This video really helped put things in perspective. I find it hard to stay patient and buy smart. Trying to stay focused and not get distracted by shiny objects, which is very difficult when dealing with shiny objects.
Ha, it’s definitely hard. When the bad choices are still pretty good, that makes it even harder! 😄 The little mistakes escalate in a sale, though. I learned that lesson the hard way. (By repeating it twice!)
My goal for 2024 is 6 Oz. I went pretty hard on gold in 2023.. Picked up 22 Oz of gold and 1 Oz of platinum.
Nice!
Damn thats a lot that's bad ass
That awesome!! Always have a goal no matter how big or small.
WOW, 22 oz in 1 year!? Had you put that into an S&P index fund (even just $10k) you'd have had a 24% return. That's ~$12,500 now after just 1 year. In the form of gold, all that money is essentially frozen and cannot work for you. Some individual securities I acquired last year did even better. Happy stacking!
Great channel!
@@AurumAura31103 you know gmanEVO just said he did that in 2023 he didn’t let us know about all the properties he acquired in 2018 and how those have risen drastically or that he also invested in Bitcoin in March of 2020 when it was $3,000.00. He just gave us a glimpse into the wealth he froze in case all else fails. You never show your whole hand.
I don't have that much money to save in gold and silver, but I will prioritize gold over silver (even with the low silver price). I really want to buy a gold buffalo because it is precious coin.
silver is a sure shot. don't sleep on it.
Buffalo's a beautiful coin. Also pure 24K.
I hope to buy an ounce of gold during 2025.
long way to save enough for an ounce...
@@DrSchor of course I want others coins but the buffalo was my first coin I bought.
Love the advice on keeping the gold stack simple. I only stack AGEs, Maples, and Britannias.
As to fractionals, yeah, I know that they cost more per oz. but they also give me more. Not more gold, of course, but more flexibility. During hard times,
I only want to sell as much gold as I need to sell to meet whatever needs I might have at that time. This keeps more of my wealth in gold, rather than
whatever fake money currency the US Gov is pushing at the time. IMO, this could be MUCH more important than whatever premium I paid for the
fractional gold coins. That said, my stack is about 75% in 1-oz. coins, 15% 1/2 oz. coins, and 10% in 1/4 oz. and coins, by weight. It's a good mix
and should do what I need them to do.
The end game for this gold stack is to: 1) ensure that I can always pay my property taxes; 2) augment my retirement funds, if necessary; and 3) leave
something for my kids and grand kids that will (hopefully!) make their lives a little better. The gold stack is not all that they will receive but it is the
largest part of what seems likely to be most reliable during hard times.
Great rationale. Cheers!
@@2is1gold Thank you, sir. Love the channel and the outstanding videos. Comments tend to be pretty good too. 👍 👍
1/4 oz gold Britannia are for a good deal at SD Bullion right now. I think about 4.5% over spot. I know gold’s is currently high right now but decent prices over spot.
I first bought gold in March of 1980 for about $250/oz. If I had bought just an ounce a month, I would have almost 500 ounces now, worth over $1million. If you are young, start your savings plan now.
We need to perfect that Time Machine!
I haven't bought any gold (or Platinum) in nearly 6 months... I have been focusing on vintage instruments that have dipped a bit from the hyper buying from the pandemic lock down period. I will start to buy again to complete some tubes" but I am awaiting a drop below $2K... we'll see, maybe won't happen but that is my plan
Well am a direct miner in sierra leone,and if you intend to buy from sierra leone feel free to contact me and ask any question based on mining and buying of both minerals
The ratio of silver vs. gold in the earth's crust is 17.5 : 1. Because the silver and gold markets are being manipulated right now by the big banks and speculators, the current (artificial) value of silver vs. gold is 91 : 1. So... all I'm saying is to use your brains. It's only a matter of time before something happens and one of the megabanks finally demands physical delivery of the silver that the derivatives are based upon. Just watch what happens to the price of silver at that point.
There's another issue. In 1933 when the economy had collapsed and the Great Depression was in full swing, all it took was an executive order by Roosevelt to make owning gold **ILLEGAL**... on pain of a jail term. What are you going to do when the dollar collapses and CBDC is mandatory? To whom will you sell your gold without Big Brother knowing about it? You won't be able to buy a pack of chewing gum or a roll of toilet paper without the government knowing your business. Fortunately, the government has typically never been overly interested in the silver that private citizens own.
On a final, related note: your vote matters. Please know where your elected representatives stand... or be prepared.
I have about 15-20oz. of titanium and cobalt-chromium in my knee just for extreme emergencies.
😅
😂
For me it’s Bullion Sovereigns , Numismatic Sovereigns & 1 or 1/2 oz Britannias if I get some extra money from somewhere!!. The Numismatic Sovereigns, especially modern can be bought for a few percent over spot and who knows how valuable they become in the future
Are you in the UK?
@@2is1gold yeah UK so my choices are more based on location & availability 👍🏼
Nice job without all the world is going to end today.
🤜🤛
Started with pre-33 in 1994, have been buying 24 Carats lately, adding 4 oz/year, mix of 1/4, 1/2 and full oz, depending on whatever cash my side hustle brings in, as I am 'retired'. Slow and steady wins the race, you will not get wealthy buying precious metals, it will preserve the wealth you build.
I have a 8 oz yearly goal. I buy Buffalos and I buy 1/2 oz Eagles. I could probably buy a couple more ounces. But I like to put cash away for those unexpected expenses.
I admit to blowing some on travel too. 😉
Advice from a millionaire, just make more money right?
No advised buyer will ever refuse to pay a fair rate for a share of a well-managed, profitable corporation.
My 2024 base goal is 1/4 oz Gold monthly.
🤜🤛
Same here, along with 10 ounces of silver.
If on regular basis i can be consistent supply for a longtime
Am I seeing more ancient gold in 2024 ? 👀
Not in the first half. But I'm definitely not done. Cheers!
I only buy gold Buffalo (1 oz), I picked up 4 this month, but want another 8 oz before end of 2024. My goal is usually 10 to 12 oz per year, so long as the prices don’t skyrocket.
Nice!
What bullion dealer do you use?
If gold is gold - and your coins are all 18k - what does it matter if it’s an Eagle , Buffalo, or gold bar. Isn’t gold just gold ? Obvi, notwithstanding coins with numismatic value
Forget about platinum. I bought gold at $1138 when platinum wasn't much cheaper. 9 years later gold has almost doubled while platinum fell from over $1000 to $850. Boy am I glad I resisted the temptation to buy platinum!
Incase you want to buy by grams from sierra leone feel free to contact me because am a local miner too
I cant get myself to pay $570 for a 1/4 oz eagle when i can get something from the perth mint for $535 which at current spot is only a 6% premium
Is King Chuck on those coins? If he is I will pay the extra premium.
At 11:00, the tough truth on fractionals stings quite a bit. Do LCS realize it gives them a bad name? Have they no shame?
It adds a wrinkle for sure.
This is the best no-nonsense gold channel on RUclips, thanks again, sir.
It’s 2024 and the US Mint still can’t make a Buffalo without screwed up edges and thickness. Maybe next year…
But the unevenness adds to the rugged design of the coin, right?
😄
Fridge…I guess it does possess that ‘je ne sais quoi’ that makes me feel like it’s ok a sovereign mint makes a coin that looks like the machine operator flunked out of shop class 🤣
Just subscribed! bought my first 50 dollar silver purchase today !
🤜🤛
Great buying minerals and keep,because its an investment. Incase you want to buy gold in dust form, from sierra leone
In Australia we typically don’t have 22crt gold as that’s taxed, 24crt is what people buy to be not taxed on purchase. Our coin shops don’t get in eagles only buffalo’s due to this tax rule either 22crt.
then CGT is 50% if you hold it 12 months or more.
Maples tend to be cheaper than kangaroos for some odd reason.
@@plumairalbannach8492 and rhodium is so unattractive with most dealers only buying back at 50% or not at all
Buy with cash mate and keep your transactions under $10k
@@Andy123au Australia is reportable over 5k and tax must be paid on 22crt gold no matter what value.
Buy one coin at at time is the method here.
@@roxychic367 ok, thanks for the good info. I thought it was $10k but I don’t know where I got that number from.
Big ballers on here sheesh. My goal is to get started with some American Eagles. I'd like 2 oz.
Why can't we do business for a longtime and start with few grams
Fantastic Advice. But I was a little distracted by your astronomically large pile of gold!!! 😅
Ha!
He didn't show anywhere near what he has in total. :)
@@michaelwatt7846 I’m sure! He’s clearly done very well for himself.
Do gold Buffalos only come in 1 oz coins? I thinki would go for gold eagles all day, but i think i want at least one gold buff to hold and look at, but if i want "collector coins" the perth mint have nice silver coins haha i just bought a 40th anniversary silver tmnt coin from the perth mint at like 20% above spot only because i just wanted the one coin, that includes the shipping
Yeah, 1 oz only unfortunately.
I know yours isn't the only opinion around, but it resonates with my sensibilities. After binging your videos, the biggest takeaway for me personally is that a lot of the non-numismatic silver I've bought would be difficult to sell at best, and while I got it all at good prices, it won't be worth the hassle later on down the line...damn.
So I was thinking I might turn it into jewelry, maybe add some value to it through labor. I dunno, is that too fanciful? Let's assume I'm not too worried about recouping the cost of the tools, since I buy many tools in my line of work, anyway.
You can flip semi numismatic silver pretty successfully but it takes work. The problem is the people “promoting” it typically have personal platforms, so it can seem easier than it actually is. I don’t know enough about jewelry to say much there, but I’d guess you probably have a number of options. Cheers!
I just made it a point to buy a 10th ounce american gold eagle today 240.00 plus tax😢 actually i took 3 silver eagles and 9bucks junk silver and it was an even trade i just had to pay the tax (22.00) i took a loss i know but i needed some in my posession already. I have gold jewelry but bullion is a different beast. My strategy all tho expencive will be to buy a silver eagle or two every paycheck (more after i quit weed, im working on it my mom just recently passed away uts helping more than hurting so im not quitting at this very moment) amd once i get 8-9 ill take them in and trade them for a tenth ounce. Once i get enough 10th ounces ill trage them for a half ounce. Half ounce will be the biggest ill go for now. Ill buy the ounce when i can comfortably afford it. Now this is just for fun/future. Thank you so much for all you do for us newbies.
I just enjoy buying gold I don't care about any exit plans 😅
Where are you buying from and what quality?
I wonder what can be done to help private gold buyers get connected with private gold sellers. The biggest issue would be security and anonymity.
The things to do to meet a direct private seller is just to have one broker/mandate that are very transparent and honest with you,am direct miner and i manage the mining site here in my province in Sierra Leone. Security is maximum when buying from me here in S/L, i just need a serious buyer and very transparent buyer that i can do a longtime business with and introduce him to my family too and even the village chiefs
How do I keep my wife when I’m putting money away for gold rather than taking her out for dinner and buying her gifts??? lol
Maples look so nice. I've successfully bartered with gold more that once without issue so that is also an option instead of selling outright.
If you are young, gold and silver is your 401k
Thanks for the video. I am retired and on fixed income, a monthly purchase of a quarter ounce coin is my only alternative. I go with the lowest premium which is Britannias for now.
14th
coins of the realm... lowest premiums you can find/afford... this is the way
🤜🤛
One of the most important things you mentioned that many folks ignore is consistency. Probably because seeing a bunch of different designs is exciting.
Find the most liquid coins in your area and make a list of them. Then figure out what you like the most and stick to those. Trust me when I say that having a pile of the same kind of gold is pretty exciting. It's also far easier to sell when the time comes.
Yeah, it's so clear... after the fact. Cheers!
Amen 🥃
"Find the most liquid coins in your area and make a list of them."
Note also which metals are favored. When I dropped in to the largest LCS in my area a few months ago, they didn't have a single oz. of Pt or Pd to sell.
They were 100% in gold and silver. Pt and Pd prices are down, so it's tempting to buy low in the hopes of selling high later. While that might work, it
also might mean that you'll have to sell them online. Not that this is usually an issue but it can cause your sale to take longer and the added risk of
losing a shipment will be there as well. Straightening that out can take weeks or more.
@@edb3877 I know some folks really like platinum but making sure that they can sell it easily is a good idea. Some shops I've visited have zero interest in buying either Pt or Pd. If their customers don't want it they're probably not going to buy it and if they do it's going to be something they resell to their dealer network so they'll be paying way under on it
My LCS likes the AGE over the Buffalo by $50 on buy back, I was surprised
Is it bad that I don’t pay attention to premium? Where I believe gold is going premiums paid just won’t be a concern.
I guess you are asking 2 is 1 that question, and I guess he will say, "yes premium matters". I myself am in your camp. But if you have to sell sooner than you expect, then 2 is 1 would be right.
I plan to buy two 1/4oz gold eagles this year which will put me at another ounce since I've already got two 1/4oz then focus on silver.
My plan….. Perth mint then buffalos and eagles on dips. Something special about the quality of Perth series coins
Perth Mint nails their designs.
Great advice to follow regarding GOLD. I know that I've already taken into consideration a lot of what I've learned through watching your channel once it's come to making my first gold purchases.
Keep in mind that although the American Gold Eagle may be the most popular Gold Bullion Coin, it is taxable in many regions around the world because it is 22K and not considered "Investment Grade" the same way a 24K Gold Coin would be.
How much is a1 oz gold eagle worth today ?
@@arthurmarin5726 In which currency?
Where's the best place to buy gold and silver? Or best company to buy from? I've recently found a passion for metals, copper, gold, silver and coins too... I'm pretty new to a lot of this stuff but its very interesting
One of the best place to buy the gold is from Gold Souk in Dubai. But if you intend to come and buy from sierra leone feel free to contact me because am a local miner here too
I have 3 1 oz gold coins and 18 1/4 oz. I refuse to buy a 1/10 oz because of the ridiculous premium. Just bought a half oz AGE. Thinking I should have just waited an bought a 1 oz
For the 1/4 ounce gold, why do you choose Eagles over Maples or Britannias? Seems like a solid choice, but just curious if there is something that gives them an edge in that size?
I think the quarter ounce maples are better buy because they have security features, a lower premium, and are 24 karat gold instead of 22k
It's akin to buying a house...you want to think about that when you are buying the house; even if you don't sell for 20 to 30 years. Thanks!
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The Maple Leaf is #1 with me, lowest premium and finer gold than Eagles.
It depends on why you are stacking. I buy as a hedge for the future. In full belief that the US economy will totally fail. In that scenario, .9999 Gold of any kind is best with the best total cost per ounce is the Best Buy. When it come to use of the Gold or Silver in the scenario for which I stack, the mint of the style of real GOLD or Silver will not matter. I agree with much of what was said if your goal is to buy cheap and sell later for a profit. That is not my goal.
What about taxes when you sell gold? I heard 28 %.
where is 28%
On the premium of gold vs silver.
Are you comparing 1oz to 1oz? Or just silver in general?
What about a 10oz silver bar vs the 1oz gold?
1/10 oz gold is pretty similar to 10 oz generic silver bars typically. That’s why I don’t have 1/10 oz gold. I’d have to consider silver at that point.
YELLOW GOLD!!! @o@
Good info! Love hearing your strategy. And by the way your videos are the prettiest! 😄
Ha, thanks!
locally we have marenghi, known worldwide as the european 20 francs/liras; with a bit of luck in finding the right place, you can buy them with 3%+ premium and when you sell them the shop will keep another 3%+ cut. But we pay 26% taxes on the surplus income (you buy for 350, 10 years later you sell for 400, you have to pay 26% of 50). Firm points I've learnt from you and other channels: don't buy gold for investment, buy it as an emergency plan in case your country/currency collapses, and to preserve the value of your savings. Two thousand years ago, a cow would sell for 2 gold coins; in 2024, a cow still sells for two gold coins.
Excellent advice. I would advise myself to use the same method starting out.
After a substantial base-stack, I still wander over to collecting different stuff, but that is only for my own entertainment, and not as efficient. But its fun. :-)
Yeah, work before play. 😄
He who dies with the most gold wins?
24 karat or go home broke. Keep away from cheap eagles or krugerranda. 24k or your being ripped off period.
If in doubt buy gold. Just don't expect a quick profit. It's a hedge against inflation.
love the CRK Mnandi burled maple ... the CRK Mnandi mammoth is better
I would like to see a better video A video talking about what's coming with Brics Nations and the Fall of the United States dollar what coins would be best for bartering if you need to buy food if you need to buy medicine... I believe we're going to be going into hyperinflation if Trump does not get elected.
This the best presentation - Information that is XTRMLY important & Information that should be Embraced, Absorbed & Aapplied to any & all Au Gold buyers ( new or old buyers ) Very Important to establish a VERY clear & Precise exit plan *** AND *** be sure to share this plan to others who will benefit in the event you cross over.
**** Really enjoy 2 is 1 Presentations * * *
Many Content presenters can learn alot from 2 is 1
The professional, calm voice, easy to understand material, straight information with no gimmicks.
Stay away from snake oil salespeople that offer you round stickers if you watch their channel
If you buy what you like . . OK
However . .
I want product that local sellers will pay top $$$, I want product that dealers will B looking so they can sell for that quick flip.
Thank you!
Why don't you use all that Ukraine money you have been stealing with the Sleepy Bandit and fund your own campaign?
I'm the mad Max Presidential candidate. They thank me if it comes to a mad Max situation. Ox. Good program
Another good informational video, thank you. My state charges tax on purchasing anything less than 999.
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Is 22 karat worth a little less, because there's an extra cost for a refiner to melt and separate the gold? Or does it not make any difference at all?
No difference here. I have heard that some countries have a preference for 24K, but in the US, nothing to worry about. Most likely, you won't be selling to a refiner anyway. Most people will sell to dealers and 22K vs 24K not an issue here. Another option is private party sales but this is more trouble to deal with.
Not at all,there will be negotiation(Down Price) in price for purchasing the product depending the relationship you have with the owner or maybe you have been supporting him to run the mining site.
Hi 2is1, i want more AGEs 😁. If I had to start over I would buy only AGEs😜. BTW, will you be buying the new gold coin from USMint? Release on 02/08.
The Liberty x Britannia doesn’t interest me. That doesn’t mean it won’t do well. It just takes a lot for the U.S. Mint to convince me their wild premiums on special releases are worth it.
@@2is1gold that USMint premium makes me sick. I would like to get one but 🤑🤑🤑.
Sometimes I love buying gold with silver designs it really brings out the beauty of it all, with sometimes less the price
I prefer pure golds
You mean the gold dust or the jewelry form?
I’m just getting into this and the prices are really high. Is there a “bad time” to buy? And would it be possible to make a video on how to know when to buy?
Salaam,yes here in Sierra Leone during the raining season minerals are really expensive because only few miners can go to the mining site due to heavy stormy weather and rain. But you intent to buy from sierra leone feel free to contact me here
I've been following you a couple of years now. You have the best most informative channel on RUclips. You always keep it interesting and classy. Thanks
I've been told that the American bullion is almost as disliked as Americans worldwide. Canadian Gold maples are the most accepted.
If I was buying for anywhere other than the States, GMLs would easily be at the top of my list. Cheers!
Gold for property reminds of a beggar at the gate.
Besides philharmonic gold coin, what is the best option for a gold coin in Europe? I live in Romania. Great videos, keep up the good work! 😃
You can choose Krugerrands - they are very popular and liquid in Europe
@@birgitnielsen-j6f what about Franz Joseph - ducat gold coin? Here is quite known.
Great information but the %'s are much lower with Minot Coins & Coinhuskers!!! Your right that the buy sell spread is important to Research! Also the Maple Leafs always seem to be a better value than the AGEagles "but" I'm NOT a fan of Charlie on the back so I'll opt for older ones with Queenie!
As always a great informational video, thank you. Okay, silver, ugh. I have some 1 oz. silver maples I've lined up for sale. They are at a depository, so it's fairly easy to move them. The huge problem for me is the fluctuating sell premium. I needed my sale price to be $23.33. I had it all figured out if the spot price would go to $23.08 and the current sell premium was $0.25. I arose from slumber Thursday (yesterday), and oh boy Silver Spot was over $23.08. By the time I got the old laptop fired up and logged into the depository the spot price had dropped to $23.08, I gotta hurry. I checked to be sure the premium sell price was still $0.25 BUT the dealer had dropped the sell premium to $0.05. So, I still haven't sold the silver maples. Just more frustrated with Silver.
Frustrating. Not much of a tailwind for silver at the moment. I’d guess it’s coming, though. Cheers!
I get lost on some of the logic if you're solvent and wanted a property in retirement, why wouldn't you just buy an extra property now and rent it? 😅
My goal is this is to be able to buy 1oz of gold by June 2025. Seems a lot more doable than some of the goals I've seen in the comments lol
Unpopular opinion. As of 12/03/24 short back to 2000
Grabbed some Ag when it dropped 10% last week but waiting patiently.
MAN . . You have A L O T of gold . . . NICE !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
It IS a fair amount for sure but I would not say that it is a "LOT". Maybe that depends on how one looks at it? lol
@@edb3877 Agreed. That is not 'a lot'
But it's pretty respectable.
New buyer here, just want to put some savings away, looking to buy about 1k worth of gold coins. Live in Canada, love the 1/4 oz buffalo, but canadian mint says its all sold out, any tips on where else i could pick some up ?
In zibabwe with at least $7000 you can get some good golds from the locals and you can make a lot with a good market
Well in Sierra Leone we do have a very good purity at 97% and 23+ karat especially in my region,it depends on you now to start business with me
Got a credit card. It has a 1K bonus for spending 10K in 6 months. Sounds like a good excuse to buy 5 ounces lol
What card is that?? Lol
would you happen to have a discord by any chance? thanks for all of your content
Sure do. discord.gg/yBP33yh7WG
is there a website where i can buy gold?
Am a direct local miner for the Gold here in Sierra Leone,if you intent to buy from here just feel free to ask me any question
As always, I think you are right on the money... No pun intended. lol
Thanks! 🤜🤛
I care about the metal itself, NOT THE DESIGNS ON IT. Just pure gold. How can I buy just plain, pure, gold bars?
Take delivery of gold futures
What is your advise about 5 ounce bars?
In which way? If you intent to buy from sierra leone due to better quality of the mineral please feel free to contact me
Thank you!
No advice here just soaking in the advice.
Wait... buy gold... That is my advice.
Nailed it. 😄
is the only place to sell your gold coin to someone that sells gold? like, could one walk into a credit union and get cash?
Good advice.I have a lot of different coins and bars. I love the buffalo and older eagles.sometimes you just have to get one libertad or a kukerand just to have one or a French franc!!
Good plan!, my goal for this year is 3oz, - 2 1oz coins and 2 Australian Sovereigns and a 1/2oz Lunar Dragon. Perthmint just gave me their catalogue and i am thinking it will be an interesting year for them. Am currently reading - The richest man in Babylon - Great book to get and great amount of information.
Yeah, good book. Good luck with the plan. Cheers!
Started buying scrap jewelry for spot then I started watching you… my safe looks very nice… thanks!!
Lets get a price reduction in PMS so we can buy cheaper!
Fabulous video! This is great info for new stackers and also for seasoned stackers to stick to uniformity and watch the premiums. Best wishes to all!
Cheers!
Buy bars. No premiums
Gold is gold
Thanks. I highly value your advice. In your opinion should I get my Buffalos graded seeing that they are a softer coin? This not only preserves them, but also athenticates the coin and gives it a grade or am i wasting my money?
That’s an easy “no”. It will cost you time and money and won’t add any value. Grab some capsules, and you’ll be good. Cheers!
Now, if you were a man of honor, you would donate a small coin to your viewers.
You would get far more viewers than you have now🙃
Still here, thanx, I've been thinking this way for a while now. U da man!
Thanks! 🤜🤛
Brilliant advice thanks so much