I bought my first gold mapleleaf coins 3 months ago. So glad I did... but also wish it was more. Hindsight is 2020. That should have been my first clue!
Not a collector AT ALL! If the kurgger is cheapest premium..... sign me up! God's money is God's money. It doesn't matter what country put their stamp on it. Paying less for a maple stamp on .9999 Au is much better than paying more for 99.9% gold with an eagle on it. As far as I'm concerned, I'll pay my bullion dealer $10 to scan my coins with an spectrometer proving their quality and then sell them privately. Gives the client peace regardless of eagle or maple or roo, bullion dealer makes money, and I make more money by by selling it just under the dealer premium.
Kruggs aren't 4-9s fine and could be taxed. I have 150 ozs silver maple leafs in case I have to bug out to Canada,4-9s fine is not taxed in Canada. My daughter is dual citizenship thru her mom,that might save her life,I have an AK-47, so I'll stay here with my ASEs 😁
If I could go back 10 years and talk to myself, I would say "Don't try to keep up with silver coin series, etc. Just buy 10oz silver bars, 1oz gold coins and 1oz gold bars."
DeNorris Johnson I think it’s because coins have higher premiums than bars, and silver has high premiums already. So you get hit three times by 1 oz of silver coin. You get charged more for just 1 oz, silver carries higher premiums, and coins carry higher premiums. I can be wrong though, but just what I understand from recent research
I think this year I am going after one of those Royal Canadian Mint gold kilo bars. If no one wants to buy or trade it in the future I can cut it up or pass it on.
As someone working the the field of catalysis this channel is a new favorite. It's hard to imagine holding 1oz of pure Rh in your hand and I would love to see additional content involving the more obscure platinum group metals. So many questions!
Not a bad idea to store some of your PM's in his vault in the Cayman islands. It's private secure and your possession's within the vault aren't reported to any government entity. Potential for avoiding an exit tax here if you decide to leave the U.S and start a new life with near 0 taxes.
Thanks for the informative video Mark. How come the 1oz Brittania gold (9999) wasn't on your list despite being produced by the British Royal Mint and is quite competitive when it comes to the lower premium most dealers charge as opposed to the Gold Maples, Gold US Buffalos, Phillharminics, Kangaroos, etc..? 3 of the 10 listings on your table happen to be from Canada! Care to elaborate on why the gold US Eagle is placed at number 2 despite being taxable in some jurisdictions considering it's 22 carat, comes with a much higher premium compared to pure gold buffalos or other 24c pure gold 1oz coins from Europe, South Africa, Canada or Australia?
Great video. Very informative. Thank you again for bringing us great content. Looking forward to more. Side question. Why is the 1ozt Valambi bar so hard to find!!!??? Lol
I try to stack 50/50 between sovereign mint products with a nominal face value on them on the one hand and generic rounds or bars on the other. Sovereign coins have a huge advantage when dealing with crossing borders for customs declaration purposes
I was thinking of investing into cryptocurrencies but I changed my mind to gold and silver... Something about them being used for thousands of years convinced me
@@debbiewilcox8890 Our money used to also be backed by gold and you see how that went. I would rather have physical value in my hand that no one can take away.
Oh... one kilo bar of gold. Well... let me just go into my Scrooge McDuck vault to get the sheckles to buy one. Oh, wait, that's right I am a ordinary Joe
haha, I could buy two of the kilo's at current prices if I sold my paper investments. Thing is the gold don't pay a dividend. Best to build up a passive income in which to use to purchase PM's for you so your not working for your metal.
Perth is my favorite of the mints and objectively I think most people would rank their consistency, quality and variety as the best of all the mints. Seems crazy they only get an honorable mention.
I love Perth also but the premiums are crazy. I have all 2011-2020 10 oz kooks. My favorite, but I paid a good amount over spot for a bunch of them unless I found some good deals. I’d put them in my top ten though but I’d be bias.
I note one factor that didn't fall within your criteria was that of govt issued legal tender gold and silver coins that have a face value considerably less than their intrinsic value. This has advantages when crossing international borders where one needs to declare to customs any 'cash' ( typically in excess of USD10,000 or equivalent in other currencies). Here a PM expert recounts his experience doing just this with 1ozt gold maples -YT (dot) com/watch?v=abpbMgAnzYw (skip to the 28:40 min mark)
@@xxterribleone1899xx When crossing international borders with legal tender gold or silver coins it may be prudent to just email customs of the country you are entering prior to travel to get on paper what exactly needs to be declared and what the 'cash' thresholds are. This email can then be shown to the clueless customs official at the airport should you be challenged. Below is the response I got from New Zealand Customs.
Below I copy and Paste what NZ Customs informed me about taking into NZ "legal Tender" silver or gold coins. Note for other forms the fineness of the metal will determine if you are taxed. There are three categories that the coins may fall within:
Coins that are used or circulated (or intended for use or circulation) The coins are exempt GST. For Customs purposes they are considered to be “cash” (we do not use the term “legal tender”). If you import NZ$10,000 or more of these coins you are required to declare on your NZ Passenger Arrival card that you are bringing into New Zealand a total of NZ$10,000 or more in cash and will also be required to complete a Border Cash Report. I can confirm that all American Eagle coins fall into this category.
Coins that are not considered to be “cash” but meet the definition of fine metal These coins are exempt GST and for Customs purposes are considered to be goods. If you import goods obtained overseas with a total value of NZ$700 or more, you are required to declare these on the NZ Passenger Arrival card.
Coins that are not considered to be “cash” and do not meet the definition of fine metal These coins are subject to GST and for Customs purposes are considered to be goods. You have an allowance of NZ$700 which may be used for accompanied goods. If you import goods obtained overseas with a total value of NZ$700 or more, you are required to declare these on the NZ Passenger Arrival card.
For coins that are not considered to be “cash” and other goods that you import, a Customs value must be established. For valuation purposes, the primary method of valuing imported goods is known as the transaction value system. In simple terms this is generally the purchase price paid for the goods. If, for any particular reason, the transaction value method may not be used there are secondary methods for establishing values. Gold bars, silver coins and silver shot are free of tariff duty. Goods that are considered to be a “fine metal”, as defined in section 2 of the Goods and Services Tax (GST) Act, are also exempt from GST. The GST exemption for fine metal applies to: • Gold, in any form, being gold of a fineness of not less than 99.5 percent. • Silver, in any form, being silver of a fineness of not less than 99.9 percent. • Platinum, in any form, being platinum of a fineness of not less than 99.0 percent.
Based on the information supplied in your e-mail the gold bars at 99.99% purity and the silver shot of 99.99% purity will be exempt GST. The gold bars at 96.5% purity will be subject to GST.
Without knowing the purity of the silver coins I am unable to advise if the GST exemption applies.
It is a requirement to declare on your New Zealand Passenger Arrival Card if you are carrying a total of NZ$10,000 or more in cash. I have attached our Advice to Travellers brochure - page number 7 provides information as to what constitutes “cash” for the purposes of this requirement.
In addition to the requirement to declare cash, you must also declare if you are carrying goods obtained overseas (or purchased duty free in NZ) that have a value of more than NZ$700
Not anymore. Starting with the 2018 series, they have what's called Mintshield technology. I can attest, I have 2017 and prior dates-bad milkspotting. 2018 forward, zero milk spots!
@@xd-metal9026 the number 2 gold eagle isnt either... it got 1 oz pure gold in it like the kruegerrand so it makes 0 sense that the kruegerrand wouldnt be on here.... one of the most minted, most recognizable, world-wide most known investment gold bullion ever, low spread, close to spot... i dont get it...
Great list if you have $50,000+ to invest! One word that kept coming up was "liquidity". How liquid do you think a 1Kg gold bar is going to be at a gold spot of say $4,000? I'd much rather have that amount of gold in 1g Pamp bars right now. Yes, the premium is a bit higher (you can buy the pamp multigram cards for about $5-$7 over per gram), but your liquidity and versatility is MUCH higher if we ever experience a metals bull run anything similar to bitcoin's bull run of a few years ago!
I'd rather have a multi-ounce bar of gold, especially when it comes time to sell. One transaction, that's it. As times get desperate, how many times do you want to negotiate a large cash transaction before someone tries to rip you off ? One transaction in a secure location is less risk... Now,... just need to figure out how to own a kg bar of solid gold, lol.
My top 3 would be the maple, Chinese panda, and almost any of the gold Perth mint coins. Never been a fan of the krugerrand compared to some of the others.
In San Diego CA where I am from , I can't even buy any platinum group metals. Before the carona virus it was impossible also. Do you know if there are dealers in sandiego CA that sell them? All the online dealers I've looked have crazy premiums. Like $200 over spot for platinum bullion. Now it's probably double. I'm also kinda weird about buying metals online. Any help would be appreciated. Thanks. Anthony.
Hi Matt, Thanks for responding. I agree with your recommendation. The place I buy gold eagles at usually charges $49 over spot and two over for silver eagles. Because of what is going on now their premium for gold eagles is $170 over spot and silver eagles are $22 each. That's all they sell is gold and silver. I like because no limit on buying. Only thing is is if you spend less than $1500 you get taxed. That's common in good ol Cali. Okay thanks again and I will keep my eye out. Stay safe. Anthony 🐜.... .. .
It all depends in what country you live in. If you're in Switzerland the 20 franc vreneli is number 1, in France it's the 20 franc napoleon. I expect the kruggerand is number one in south africa, the 50 pesos in central and south america and so on.
Drunkbikewrenchen I’m not a fan. I’m not sure why. I’m more of a Scottsdale Mint guy. What about you? I wouldn’t pass it up at the right price, but I don’t go searching for it.
The Si verification is nice, gives u some extra peace of mind. The biggest thing to consider is that it isn't sovereign. It makes a difference to some people.
22 carat gold krugerands have that tiny bit of copper content precisely because it makes the coin harder wearing, and there is a reason it has outsold all other 1oz gold coins combined for liquidity and investment.
@@tonebonetones outsold because it had a 20 year head start on the eagle and a decade on the Maple. I think the durability factor is not a factor now. We have things call clear plastic protective casings. I'd rather have something that is 99.9 or 99.99 % pure vs 91 or 92% pure.
I'm stationed in Bahrain and thinking about buying silver bars from a local jeweler, would there be any issues with authenticity that I need to verify?
Kevin Babonis ... hi Kevin. There is a youtuber called International Stacker. Check him out. If he doesn’t have a video that will help you, check to see if he listed an e-mail address and ask him for advise. Hope he is willing and can help.
I am very curious about why you do not recommend generic silver bars in your list. In general, the premium is much lower than Silver maple leaf and I have yet to talk to someone who would refuse to buy them.
Okay... well I don't buy them... because I think they would be much harder to sell in an emergency... Not everyone understands rounds... I only have a very few of them ... I like bullion... and a few semi-numismatics because I love beautiful designs.
Hello Bang, For all inquiries on purchasing with SWP please contact us via phone at 1 (888) 445-1977 or email at info@swpcayman.com. Open your account today by heading to our home page, swpcayman.com/, and clicking on the Open Account button in the top right hand corner. -SWP
sir , I followed your advice on Number # 1 and Number #3 , BUT i am debating on Number #9 list . Should i go with 100 OZ or 10 Oz of RCM ? please advise .Thank you
Hi Mark, I live in PA and all the dealers are closed due to being non-essential. If someone wanted to buy bullion now where would you suggest they go to get some? Thanks.
IMO, platinum Queen beast must rank no.1 beautiful design, low premium, highest face value 100 pounds and at a discount price....right now platinum is the only precious metal cheaper than silver even (compare to value).
Just a couple of days ago I would have said go for platinum, but looking at the future of platinum as an industrial metal I'm not so sure now. It's main use is catalytic converters, and catalytic converters can be recycled to make more catalytic converters.
@@herculeholmes504 This is not the only use of Platinum...it has big demand in jewelry as well...it is rare than Gold and most important all mints give it face value either equivalent or more than gold. In recession it always behave like gold. right now Palladium been used as catalytic and look at its price. i'm not forcing to buy anyone...but in my whole life, i never see Platinum cheaper than gold except these 4 years.
Hi, I am new to the bullion world, my question may sound stupid. I am in Dubai and so while buying gold or silver coins or bars should I opt for the ones mentioned in your video or should I go for the locally available brands?
I'm just learning about buying and selling silver I'm only interested in it for the return on my investment but it seems in every video that I watch everyone mentions that you're going to sell it for less than you bought it so what is the point of buying it in the first place. Does that mean that you have to wait for the market value of the silver to escalate?
Nice video! I’m new to precious metals purchasing (started about a month ago), and I’ll take a closer look at Royal Canadian Mint products in general after seeing this
@@DrJack144 it's all good Jack. Welcome to the wild world of stacking. If I can give you any advice, in this stage of the game I would look for what's the best deal per weight I'm finding Perth mint gold with a cheaper premium than Canadian Maple leaf sometimes. Still a reputable mint. If silver is your game, look also at reputable rounds When the price is low government coins are great But in this environment it's all about the weight you accumulate. Just my opinion. Others will.tell you different. Good luck to you. Be wise and not emotional.when buying.
@@DrJack144 if u want a good tip for the long haul. Once things settle down (provided they do) unload all the generic rounds and bars u bought before u lose money as the silver drops as fast as it rises unlike gold. The upside to bars is they are usually around 69 cents over spot and are good for a beginner to jump at. Later down the road u find out the buyback will be spot minus. There are many who bought in the last time silver took off and lost better than half of what they invested as silver went from sub 50.00 to sub 15.00 in a very short time. ASE are good for buying into around 20.00 when things settle dow. Look, i bought in after the silver crash and started buying eagles at 16.00 Now i stay strictly to sovereign coins that will gain in value over the yrs due to numismatic value. I dont buy anything over 22.00 as that was where silver topped out for me. My cost average is around 18.00 Thats including generics like bars. Those i will sell if silver takes off. Britannias/maples w privys/queens beast are favorites. Before all this happened recently several bullion sites had starter kits wher u could get 10 oz silver at spot. I would try to tell people at my page but never got much traffic. Here u can still find an ounce of gold at spot. 10 1/10 oz gold eagles. everything else ther is overpriced. limit one per family/ address. nationwidecoins.com/ Deals are to be had. just gotta look.
Thanks for the video. I rank the silver Phils higher. I have previously found that maples too often have have milk-spots. Have they changed the way they polish?
Yeah.. I haven't had any milk spot problems since the 2018s. I have wayyyyy more Phils with milk spots at this point. The Royal Mint stuff is starting to give me milk spot issues as well, which is a shame because I love Britannias.
I also get at least one kilo coin every year. They really stand out when you display them with other coins. Also, PAMP now makes an excellent rhodium bar in assay with the phone verification app.
My favs in no particular order are - Silver Eagles Gold buffalo Scottsdale stackers (any weight) 10 oz Kookaburra Peace Dollars (and all junk silver actually) Canadian Maples
I think they are so beautiful also... still haven't managed to get one myself though... they are not so easy to come by unless you are in the U.S. and I am not.
The 1oz gold Britannia with oriental border, fairly low premium, only 5000 a year minted, and the border changes every year. Then the 10oz Britannia silver bar, just excellent if you don't pay too much of a premium.
I was the same... I just guessed that my first gold purchase should be a Maple... but now that I have others, I realize the gold Maple is my least favourite design... the Queen is missing her crown... just doesn't seem very Royal... I love my Perth Mint gold dragon rectangle coins... the new one has two dragons on it... I love that series... I have them in silver and gold.
![I.N "HALLUCINATION" | [Stray Kids : SKZ-PLAYER]](http://i.ytimg.com/vi/n5B5q1Hwt_U/mqdefault.jpg)
right now, anything that you can get your hands on is best.
Kevin Belcher yes I just ordered a extra 10 oz of silver only stuff left on JM
Best for who the customer or dealer
true!!! you cant find gold or silver anywhere
Kevin Belcher so true lol
Silver
Maybe Platinum
That's about it.
I'm Canadian and bought my first gold coin 1 month ago: The Gold Maple Leaf!
@Dhalt Gamer Yes, corona unbelievable world-wide event.
From where did you buy it?
@sethy1 it is the same but like anything there is trust in brands. All water is the same too.
@Cong Vu Thank you! Yes, Canada is wonderful to live in.
I bought my first gold mapleleaf coins 3 months ago. So glad I did... but also wish it was more. Hindsight is 2020. That should have been my first clue!
I am pretty sure you can't go wrong with Krugerrand's either.
Not a collector AT ALL!
If the kurgger is cheapest premium..... sign me up! God's money is God's money. It doesn't matter what country put their stamp on it.
Paying less for a maple stamp on .9999 Au is much better than paying more for 99.9% gold with an eagle on it. As far as I'm concerned, I'll pay my bullion dealer $10 to scan my coins with an spectrometer proving their quality and then sell them privately. Gives the client peace regardless of eagle or maple or roo, bullion dealer makes money, and I make more money by by selling it just under the dealer premium.
Kruggs aren't 4-9s fine and could be taxed. I have 150 ozs silver maple leafs in case I have to bug out to Canada,4-9s fine is not taxed in Canada. My daughter is dual citizenship thru her mom,that might save her life,I have an AK-47, so I'll stay here with my ASEs 😁
Springboks are my favorite animal
Krugs are my fav. International recognition , low premiums, durable. But, I like all pm coins and bars !
If I could go back 10 years and talk to myself, I would say "Don't try to keep up with silver coin series, etc. Just buy 10oz silver bars, 1oz gold coins and 1oz gold bars."
useful information for some on starting out.
J Silver why not silver coins like the silver maple leaf? I’m just starting out, btw
Everyone seems to act as though this is an impossibility! Just "Time Travel," back to 2010. Geeezzz... Hello??? Problem solved! (Waka Waka!)
DeNorris Johnson I think it’s because coins have higher premiums than bars, and silver has high premiums already. So you get hit three times by 1 oz of silver coin. You get charged more for just 1 oz, silver carries higher premiums, and coins carry higher premiums. I can be wrong though, but just what I understand from recent research
Go forward 10 years what are you telling yourself now?
This is now one of my favorite channels on RUclips! I just wish you would have more videos because you do such a great job with them!
Thanks Braden - five more episodes to come this season!
Agreed! Well done!
I think this year I am going after one of those Royal Canadian Mint gold kilo bars. If no one wants to buy or trade it in the future I can cut it up or pass it on.
As someone working the the field of catalysis this channel is a new favorite. It's hard to imagine holding 1oz of pure Rh in your hand and I would love to see additional content involving the more obscure platinum group metals. So many questions!
5 minutes alone in that vault with no questions asked, that's all I ask!
Granted 👍
Hahaha, I was thinking the same thing.
You can ask any questions as long I do not have to answer them!
Not a bad idea to store some of your PM's in his vault in the Cayman islands. It's private secure and your possession's within the vault aren't reported to any government entity. Potential for avoiding an exit tax here if you decide to leave the U.S and start a new life with near 0 taxes.
😂❤ 💯
American, Canadian, Australian, British, Austrian, Mexican... Its what I buy.. Gold and silver..
Forgot the OG....Swiss
Yup. All the major economies in the world still love gold and silver can't go wrong.
INVESTING IN CRYPTO NOW SHOULD BE IN EVERY WISE INDIVIDUALS LIST, IN SOME MONTHS TIME YOU'll BE ECSTATIC WITH THE DECISION YOU MADE TODAY.
I think I'm blessed because if not I wouldn't have met someone
who is as spectacular as expert Jackson Williams.
He has been handling my account for years now.
Wow I'm just shock someone mentioned and recommended Expert Jackson Williams
I thought I'm the only one trading with him.
You don't need to be shock because I'm also a huge beneficiary of Mr Jackson Williams.
He helped me recover what I lost trying to trade for my self.
kinda disappointed the kruegerrand isnt in the top 10? Crazy.
Great video! I'm still new in the bullion world, so I feel better knowing I have some of the items on your list.
Your choices leave out both krugerrands and the Mexican one ounce gold coin which is quite beautiful.
I am kicking myself I didn't get a 1oz Rhodium bar years back.
What about the Britannia? It has one of the most beautiful designs of any bullion coins.
Look for a British version of inside the vault. The anti British stance is obvious but unjustified.
He even went on to add that the Queen's face on the maple leaf coin is a negative... how... why....
The Truth Four Canadian products and one Swiss product. Strange. I thought the Swiss were the ones with the best reputation for Bullion.
The philharmonic apparently has the same tax benefits in America as the eagles. This is huge to know as eagles tend to have major premiums
Joker some people don’t like the queen and what she represents from monarchy
I keep rewatching this…then eventually I REWATCH IT AGAIN.
thank you
It is great to see our Rhodium bar in the list!
No mention of the kruggrand yet its rated higher worldwide than eagles,britainia, maples ect..
{✅}
W. H. A. T. S. A. P. P,
+1, (385), 3, 5, 0, 0, 6, 8, 7.....
Mark Yaxley makes precious metals cool again. Awesome video, awesome content.
It is very cool to see any person in front of that much precious metal!
Thanks for the informative video Mark.
How come the 1oz Brittania gold (9999) wasn't on your list despite being produced by the British Royal Mint and is quite competitive when it comes to the lower premium most dealers charge as opposed to the Gold Maples, Gold US Buffalos, Phillharminics, Kangaroos, etc..?
3 of the 10 listings on your table happen to be from Canada!
Care to elaborate on why the gold US Eagle is placed at number 2 despite being taxable in some jurisdictions considering it's 22 carat, comes with a much higher premium compared to pure gold buffalos or other 24c pure gold 1oz coins from Europe, South Africa, Canada or Australia?
Hey I really liked this, thank you! In an ocean of videos preaching the same info, this was a real refreshing take on precious metal bullion.
Dealer: "so what will it be today Jimbo?"
Me: "....Yes "
what aboout Kruger rands?
Yes, along with gold Britannia's, a glaring omission.
@@tonebonetones I don't understand your comment. Can you explain? is it a coin out of the UK?
@@tonebonetones: And gold sovereigns....another "glaring omission".
@@jasonroets9906: Yes....Britannias (available in both silver & gold) are British bullion coins.
@@tonebonetones Libertad either.
Great video. Very informative. Thank you again for bringing us great content. Looking forward to more. Side question. Why is the 1ozt Valambi bar so hard to find!!!??? Lol
My daughter is 3 and she absolutely loves the Aussi funnel web spider coin
Very sweet!
this holiday season I won't be able to stop hearing Burl Ives singing "Silver & Gold" ~
{✅}
W. H. A. T. S. A. P. P,
+1, (385), 3, 5, 0, 0, 6, 8, 7......
I try to stack 50/50 between sovereign mint products with a nominal face value on them on the one hand and generic rounds or bars on the other.
Sovereign coins have a huge advantage when dealing with crossing borders for customs declaration purposes
I was thinking of investing into cryptocurrencies but I changed my mind to gold and silver... Something about them being used for thousands of years convinced me
You can now get gold backed crypto currencies
Gold still has alot of value in most countries and China in specific loves gold.
Far less worry about scams in precious metals than crypto and much easier to keep track of it
@@debbiewilcox8890 Our money used to also be backed by gold and you see how that went. I would rather have physical value in my hand that no one can take away.
@@astrofrk 👍 same here.
Great vid! Loved seeing all those items!!
Oh... one kilo bar of gold. Well... let me just go into my Scrooge McDuck vault to get the sheckles to buy one.
Oh, wait, that's right I am a ordinary Joe
Not even that vaults already got gold coins. Probably cheaper to just melt them and mold them into a bar
Maud dib, amen right not at all affordable😀👍
Lol. He has quite a storage of fine metals. He’s got to be almost sold out by now with everything going on.
Maybe you can trade some spice for one !
haha, I could buy two of the kilo's at current prices if I sold my paper investments. Thing is the gold don't pay a dividend. Best to build up a passive income in which to use to purchase PM's for you so your not working for your metal.
Perth is my favorite of the mints and objectively I think most people would rank their consistency, quality and variety as the best of all the mints. Seems crazy they only get an honorable mention.
i started buying kooks late last yr as i spotted their 20 anniversary issue. bought a bunch and will see the value grow.
I love Perth also but the premiums are crazy. I have all 2011-2020 10 oz kooks. My favorite, but I paid a good amount over spot for a bunch of them unless I found some good deals. I’d put them in my top ten though but I’d be bias.
Perth mint gold minted bars look great
What acrylic case are you displaying while talking about Veriscan on the PAMP bar!? Thanks again!
#9 100oz CRM bar was an unexpected but brilliant choice. IMO it is the best 100oz bar out there and the only 4 9s.
Thanks so much for sharing your top 10 list. Great info!
Hi Mark,
What’s the name of the app you refer to in this video? I’d like to look at it.
Thanks
Discovered your channel last week and have been loving your videos!
I note one factor that didn't fall within your criteria was that of govt issued legal tender gold and silver coins that have a face value considerably less than their intrinsic value. This has advantages when crossing international borders where one needs to declare to customs any 'cash' ( typically in excess of USD10,000 or equivalent in other currencies). Here a PM expert recounts his experience doing just this with 1ozt gold maples -YT (dot) com/watch?v=abpbMgAnzYw (skip to the 28:40 min mark)
Wow! that's for sharing that!!!! Crazy.
@@xxterribleone1899xx When crossing international borders with legal tender gold or silver coins it may be prudent to just email customs of the country you are entering prior to travel to get on paper what exactly needs to be declared and what the 'cash' thresholds are. This email can then be shown to the clueless customs official at the airport should you be challenged. Below is the response I got from New Zealand Customs.
Below I copy and Paste what NZ Customs informed me about taking into NZ "legal Tender" silver or gold coins. Note for other forms the fineness of the metal will determine if you are taxed.
There are three categories that the coins may fall within:
Coins that are used or circulated (or intended for use or circulation)
The coins are exempt GST. For Customs purposes they are considered to be “cash” (we do not use the term “legal tender”). If you import NZ$10,000 or more of these coins you are required to declare on your NZ Passenger Arrival card that you are bringing into New Zealand a total of NZ$10,000 or more in cash and will also be required to complete a Border Cash Report. I can confirm that all American Eagle coins fall into this category.
Coins that are not considered to be “cash” but meet the definition of fine metal
These coins are exempt GST and for Customs purposes are considered to be goods. If you import goods obtained overseas with a total value of NZ$700 or more, you are required to declare these on the NZ Passenger Arrival card.
Coins that are not considered to be “cash” and do not meet the definition of fine metal
These coins are subject to GST and for Customs purposes are considered to be goods. You have an allowance of NZ$700 which may be used for accompanied goods. If you import goods obtained overseas with a total value of NZ$700 or more, you are required to declare these on the NZ Passenger Arrival card.
For coins that are not considered to be “cash” and other goods that you import, a Customs value must be established. For valuation purposes, the primary method of valuing imported goods is known as the transaction value system. In simple terms this is generally the purchase price paid for the goods. If, for any particular reason, the transaction value method may not be used there are secondary methods for establishing values.
Gold bars, silver coins and silver shot are free of tariff duty.
Goods that are considered to be a “fine metal”, as defined in section 2 of the Goods and Services Tax (GST) Act, are also exempt from GST.
The GST exemption for fine metal applies to:
• Gold, in any form, being gold of a fineness of not less than 99.5 percent.
• Silver, in any form, being silver of a fineness of not less than 99.9 percent.
• Platinum, in any form, being platinum of a fineness of not less than 99.0 percent.
Based on the information supplied in your e-mail the gold bars at 99.99% purity and the silver shot of 99.99% purity will be exempt GST. The gold bars at 96.5% purity will be subject to GST.
Without knowing the purity of the silver coins I am unable to advise if the GST exemption applies.
It is a requirement to declare on your New Zealand Passenger Arrival Card if you are carrying a total of NZ$10,000 or more in cash. I have attached our Advice to Travellers brochure - page number 7 provides information as to what constitutes “cash” for the purposes of this requirement.
In addition to the requirement to declare cash, you must also declare if you are carrying goods obtained overseas (or purchased duty free in NZ) that have a value of more than NZ$700
This Guy is chill with metal.
Have you researched the price of the 10oz gold Pamp bars? The premium is far bigger than buying ten x 1oz bars or coins
Where can one even find a PAMP bar these days?
I've seen some on apmex and sd bullion
Love the Royal Canadian Mint products, the radial lines on the 1 oz coins really look amazing too when you tilt them around in the light.
very well made thx for the video :)
Very well done, thanks.
thanks for the information very informative wouldn't it be better to buy silver/gold bars rather than coins?
I started yesterday with philharmonic, american eagle and krugerrand silver coins😊
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W. H. A. T. S. A. P. P,
+1, (385), 3, 5, 0, 0, 6, 8, 7.....
The one ounce Canadian Mint silver coin also has milk spot issues
Not anymore. Starting with the 2018 series, they have what's called Mintshield technology. I can attest, I have 2017 and prior dates-bad milkspotting. 2018 forward, zero milk spots!
@@petero958 He speaks the good word. All mine are milky but not my 2018 and up. My 2017 Darthvador looks like a drone.
Yeah I got all my Canadian coins pre 2018 and terrible milk spotting on almost every single one. Haven’t gotten any of the new stuff.
justin snider the new stuff is good to go
Ya, he should have mentioned that. I love me some maples but they are chalked full of milk spots
Why would the Kruggerand not be on this list?
It's not 999.9 gold.
@@xd-metal9026 the number 2 gold eagle isnt either... it got 1 oz pure gold in it like the kruegerrand so it makes 0 sense that the kruegerrand wouldnt be on here.... one of the most minted, most recognizable, world-wide most known investment gold bullion ever, low spread, close to spot... i dont get it...
Great list if you have $50,000+ to invest! One word that kept coming up was "liquidity". How liquid do you think a 1Kg gold bar is going to be at a gold spot of say $4,000? I'd much rather have that amount of gold in 1g Pamp bars right now. Yes, the premium is a bit higher (you can buy the pamp multigram cards for about $5-$7 over per gram), but your liquidity and versatility is MUCH higher if we ever experience a metals bull run anything similar to bitcoin's bull run of a few years ago!
I never trusted anything bigger than 1oz on gold. If you buy from a reputable place, OK, but then have fun selling it.
I'd rather have a multi-ounce bar of gold, especially when it comes time to sell. One transaction, that's it. As times get desperate, how many times do you want to negotiate a large cash transaction before someone tries to rip you off ? One transaction in a secure location is less risk...
Now,... just need to figure out how to own a kg bar of solid gold, lol.
Should I buy products in Assay or without?
Really professional thank you.
Think the title should be top 10 products I like, 3 coins that easily make any top 10 are the Kruger, the brittania, and the gold sovereign.
Good observation. I was wondering where the UK sovereign and Britannia were.
My top 3 would be the maple, Chinese panda, and almost any of the gold Perth mint coins. Never been a fan of the krugerrand compared to some of the others.
Thats a nice succinct presentation.ty for making this
Well done. Very informative.
In San Diego CA where I am from , I can't even buy any platinum group metals.
Before the carona virus it was impossible also.
Do you know if there are dealers in sandiego CA that sell them?
All the online dealers I've looked have crazy premiums. Like $200 over spot for platinum bullion. Now it's probably double. I'm also kinda weird about buying metals online.
Any help would be appreciated. Thanks.
Anthony.
Hi Matt,
Thanks for responding. I agree with your recommendation. The place I buy gold eagles at usually charges $49 over spot and two over for silver eagles.
Because of what is going on now their premium for gold eagles is $170 over spot and silver eagles are $22 each.
That's all they sell is gold and silver.
I like because no limit on buying. Only thing is is if you spend less than $1500 you get taxed. That's common in good ol Cali.
Okay thanks again and I will keep my eye out.
Stay safe. Anthony 🐜.... .. .
Question. When it's time to sell some silver is it better to sell bullion or sell some pre 64 silver first? Let me know what you think. Thanks
It all depends in what country you live in. If you're in Switzerland the 20 franc vreneli is number 1, in France it's the 20 franc napoleon. I expect the kruggerand is number one in south africa, the 50 pesos in central and south america and so on.
In what jurisdictions is the Gold Eagle taxable?
How do feel about Sunshine Mint products?
Drunkbikewrenchen I’m not a fan. I’m not sure why. I’m more of a Scottsdale Mint guy. What about you? I wouldn’t pass it up at the right price, but I don’t go searching for it.
The Si verification is nice, gives u some extra peace of mind. The biggest thing to consider is that it isn't sovereign. It makes a difference to some people.
from the dappling ive done in the hobby over the last year or so, this list seems to line up pretty much with expectation.
A list without the Krugerrand? You‘re serious?
It's not 999.9 gold.
@@xd-metal9026 Neither is the AE and yet it's #2
22 carat gold krugerands have that tiny bit of copper content precisely because it makes the coin harder wearing, and there is a reason it has outsold all other 1oz gold coins combined for liquidity and investment.
@@xd-metal9026 Libertad is .999 no mention of it.
@@tonebonetones outsold because it had a 20 year head start on the eagle and a decade on the Maple.
I think the durability factor is not a factor now. We have things call clear plastic protective casings. I'd rather have something that is 99.9 or 99.99 % pure vs 91 or 92% pure.
Very enjoyable, thanks.
hello there good sir- mark i need an advice, what do you think about heimerle + meule germany company. was thinking of buying straight from them?
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W. H. A. T. S. A. P. P,
+1, (385), 3, 5, 0, 0, 6, 8, 7......
Do you have any reputable companies websites to purchase some of these top 10 gold and silver products?
In the USA
www.bullionbypost.com/
In the UK:
www.bullionbypost.co.uk/
and
atkinsonsbullion.com/
I'm stationed in Bahrain and thinking about buying silver bars from a local jeweler, would there be any issues with authenticity that I need to verify?
Kevin Babonis ... hi Kevin. There is a youtuber called International Stacker. Check him out. If he doesn’t have a video that will help you, check to see if he listed an e-mail address and ask him for advise. Hope he is willing and can help.
I am very curious about why you do not recommend generic silver bars in your list. In general, the premium is much lower than Silver maple leaf and I have yet to talk to someone who would refuse to buy them.
Okay... well I don't buy them... because I think they would be much harder to sell in an emergency... Not everyone understands rounds... I only have a very few of them ... I like bullion... and a few semi-numismatics because I love beautiful designs.
You must be joking, go back and check your homework. The gold Krugerrand has outsold every other gold 1 oz coin combined!
$50 Peso MExican Centenario is my favorite 1.2 onces of .900 gold
Same here. Though I live in Europe I find the 50 pesos gold coin the perfect coin. It's not too small and not too big.
Ok thanks, I'll take one of each
Hello Bang,
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5:31 THIS!!! YES!!! Yes!!! 💯% Only reason I turned away from the maple.
I didn’t know Kyle Busch sells precious metals.
Thank you for uploading
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W. H. A. T. S. A. P. P,
+1, (385), 3, 5, 0, 0, 6, 8, 7.....
sir , I followed your advice on Number # 1 and Number #3 , BUT i am debating on Number #9 list . Should i go with 100 OZ or 10 Oz of RCM ? please advise .Thank you
Hi Mark, I live in PA and all the dealers are closed due to being non-essential. If someone wanted to buy bullion now where would you suggest they go to get some? Thanks.
online
@@cmorebutts7337 Thanks I will have a look. Read a few articles where there are delays in fulfilling existing online orders.
IMO, platinum Queen beast must rank no.1 beautiful design, low premium, highest face value 100 pounds and at a discount price....right now platinum is the only precious metal cheaper than silver even (compare to value).
How is platinum cheaper than silver?
Just a couple of days ago I would have said go for platinum, but looking at the future of platinum as an industrial metal I'm not so sure now. It's main use is catalytic converters, and catalytic converters can be recycled to make more catalytic converters.
@@herculeholmes504 This is not the only use of Platinum...it has big demand in jewelry as well...it is rare than Gold and most important all mints give it face value either equivalent or more than gold.
In recession it always behave like gold.
right now Palladium been used as catalytic and look at its price.
i'm not forcing to buy anyone...but in my whole life, i never see Platinum cheaper than gold except these 4 years.
@@silverlion5384 Technically...
it is more rare than gold and see it's chart...it was at $1800 in recession...and now it is at discount price.
Would LOVE to hear your opinion about jewelry, especially watches.
Great suggestion!
Hi, I am new to the bullion world, my question may sound stupid. I am in Dubai and so while buying gold or silver coins or bars should I opt for the ones mentioned in your video or should I go for the locally available brands?
I'm just learning about buying and selling silver I'm only interested in it for the return on my investment but it seems in every video that I watch everyone mentions that you're going to sell it for less than you bought it so what is the point of buying it in the first place. Does that mean that you have to wait for the market value of the silver to escalate?
Nice video! I’m new to precious metals purchasing (started about a month ago), and I’ll take a closer look at Royal Canadian Mint products in general after seeing this
geez ur late. I started 5yrs ago and i was late too.
Everyone has to start sometime
Cmore Butts probably right, but I was still fairly fresh out of grad school 5 years ago. Tough to build a position when you have no $!
@@DrJack144 it's all good Jack. Welcome to the wild world of stacking. If I can give you any advice, in this stage of the game I would look for what's the best deal per weight I'm finding Perth mint gold with a cheaper premium than Canadian Maple leaf sometimes. Still a reputable mint. If silver is your game, look also at reputable rounds When the price is low government coins are great But in this environment it's all about the weight you accumulate. Just my opinion. Others will.tell you different. Good luck to you. Be wise and not emotional.when buying.
@@DrJack144
if u want a good tip for the long haul. Once things settle down (provided they do) unload all the generic rounds and bars u bought before u lose money as the silver drops as fast as it rises unlike gold. The upside to bars is they are usually around 69 cents over spot and are good for a beginner to jump at. Later down the road u find out the buyback will be spot minus. There are many who bought in the last time silver took off and lost better than half of what they invested as silver went from sub 50.00 to sub 15.00 in a very short time.
ASE are good for buying into around 20.00 when things settle dow. Look, i bought in after the silver crash and started buying eagles at 16.00 Now i stay strictly to sovereign coins that will gain in value over the yrs due to numismatic value. I dont buy anything over 22.00 as that was where silver topped out for me. My cost average is around 18.00 Thats including generics like bars. Those i will sell if silver takes off. Britannias/maples w privys/queens beast are favorites.
Before all this happened recently several bullion sites had starter kits wher u could get 10 oz silver at spot. I would try to tell people at my page but never got much traffic.
Here u can still find an ounce of gold at spot. 10 1/10 oz gold eagles. everything else ther is overpriced.
limit one per family/ address.
nationwidecoins.com/
Deals are to be had. just gotta look.
What about the Queens Beasts 1oz gold coin. The first edition is going for up to £2,400, massive demand and look great!
I am with you on the Queen's beast series for beauty ... I have all in Silver and gold... just one more left in the series out in September...
What about the queen's beast gold PROOFS 😜
The ugly granny mugshot is definitely a stain on the maples but yes still a epic coin
I like the "granny mugshot" but I admit an image of Kate Middleton would be much nicer!
She's a lovely Queen!
Thanks for the video. I rank the silver Phils higher. I have previously found that maples too often have have milk-spots. Have they changed the way they polish?
Yeah.. I haven't had any milk spot problems since the 2018s. I have wayyyyy more Phils with milk spots at this point. The Royal Mint stuff is starting to give me milk spot issues as well, which is a shame because I love Britannias.
Royal Canadian Mint has finally solved the notorious milk spot issue. It's called mintshield technology-zero milk spots after 2018!
@@petero958 That's right!
@@petero958 I wonder if I can have my wildlife series sent back to have milk spots removed? :(
@@TheRealBrook1968 Would be nice.. I think mintshield only works if applied during initial minting.
What is ira aprooved metal ?
I also get at least one kilo coin every year. They really stand out when you display them with other coins. Also, PAMP now makes an excellent rhodium bar in assay with the phone verification app.
They need to add an android version.
Great info. Thanks.
My favs in no particular order are -
Silver Eagles
Gold buffalo
Scottsdale stackers (any weight)
10 oz Kookaburra
Peace Dollars (and all junk silver actually)
Canadian Maples
Love those 10oz kooks!!!!
Silver is the most reflective metal. More than platinum. So the Silver Philharmonic should be better to look at than the platinum!
I have silver Philharmonics... very lovely coins
Evenrude Ranger: True, but looks aren't everything :-/
Any reason why a 100 oz RCM bar now costs more per oz than the RCM coins? Would it make more sense to just buy 100 coins?
So u recommend me to buy gold coins Canada maple right?
Thanks for the video....
Wonder what his thoughts are on buying that kilo bar then melting it down and making your own smaller denomination bars/cubes? 0.o
Thanks for this. It is very informative and helpful! I will look more closely at the Maple leaf now.
What do you think about Mexican Gold and Silver? Centenario, Hidalgo an Ounce?
Morgan silver dollars are my fav. Numismatic value and historic. It is the most bought,sold,traded,collected coin in the world
I think they are so beautiful also... still haven't managed to get one myself though... they are not so easy to come by unless you are in the U.S. and I am not.
I have a couple of the RCM bars and I can say be the other 100 oz bars I have the RCM are the nicest
Excellent commentary and choices
The 1oz gold Britannia with oriental border, fairly low premium, only 5000 a year minted, and the border changes every year. Then the 10oz Britannia silver bar, just excellent if you don't pay too much of a premium.
I really love those coins also... I also love the Silver trade dollars.... beautiful...
Yep, got the gold maple leaf's, and I didn't even know what I was doing:-)
I was the same... I just guessed that my first gold purchase should be a Maple... but now that I have others, I realize the gold Maple is my least favourite design... the Queen is missing her crown... just doesn't seem very Royal... I love my Perth Mint gold dragon rectangle coins... the new one has two dragons on it... I love that series... I have them in silver and gold.
No royal mint from the UK?
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W. H. A. T. S. A. P. P,
+1, (385), 3, 5, 0, 0, 6, 8, 7.....
why do people buy american eagles, if they are not as pure as the maple leaf, and still hold the same spot price?