Should i buy the 2025 gold 1 oz Britannia and who from

Поделиться
HTML-код
  • Опубликовано: 26 дек 2024

Комментарии • 29

  • @smoggydrones5664
    @smoggydrones5664  2 месяца назад +1

    NOTE mistake i did mean to say half ounce coin not sovereign. i did a voice over to correct it but must have got lost in editing. very sorry :)

  • @Spoooookie
    @Spoooookie Месяц назад

    Chards is pretty reliable and they have good customer service in the couple of experiences I have had with them. I ship overseas and the only other dealer (I know of) in the UK that ships internationally is Britannia Coin Company and they are pricey, but have some good deals every once in a while. I actually appreciate the Chards CEO - he’s been around the block (a few times) and has seen it all and seems to be an encyclopedia on sovereigns. But each to their own.

  • @Jimmyredcab
    @Jimmyredcab 2 месяца назад +2

    Regarding Chards, I have dealt with them many times and never had a problem, always the cheapest and despite being in Blackpool the delivery was fast. I agree that the current spot price is slightly off putting.

  • @smoggydrones5664
    @smoggydrones5664  2 месяца назад +1

    1/10/25 @ 20:55hrs gold now over £2k so coins are more expensive now

  • @Zonker66
    @Zonker66 2 месяца назад

    Looking at bullion investment. I do like the 99.99% Britannia compared to the 91.67% of the Sovereign. However, I prefer the £1 face value of the Sovereign to the £100 face value of the Britannia. They are both VAT and CGT free, but HMRC recognizes 500 Sovereign's (a Monster Box) as being worth £500, whereas it recognizes 100 Britannia's (also, a Monster Box) as being worth £10,000. I like the look and purity of Britannia's, but I'd rather fly under the radar.

  • @MENSA.lady2
    @MENSA.lady2 2 месяца назад +1

    I use Gerrard Precious Metals, 66 Hatton Garden, London. I have found them reliable and they have a proper office and welcome personal callers, no appointment needed, normal office hours. Been around for over 40 years and you can check their prices on line. I'm not saying they are the cheapest though, gold price varies so quickly I can't be sure.

    • @smoggydrones5664
      @smoggydrones5664  2 месяца назад

      @@MENSA.lady2 if you find a company you trust then it’s worth a few quid extra.

    • @MENSA.lady2
      @MENSA.lady2 2 месяца назад

      @@smoggydrones5664 Agreed

  • @coincollectingfun
    @coincollectingfun 2 месяца назад

    Big like number 13! FABULOUSLY done and thank you so much for sharing! Yes, I would buy from a highly rated online coin & bullion dealer.

  • @daviniarobbins9298
    @daviniarobbins9298 2 месяца назад +1

    I only buy platinum tenths from Bullion by Post now and only if they are £120 or under each.
    Tavex Bullion are good, had no problems with them. Though the last time I looked they hadn't updated their site to include the 2025s.
    I can't afford full 1 ounces. I will have to stick to tenths and quarters until I have enough to swop for a full ounce.
    Edit: Gold £2002 right now as I write this, it was at £2018 briefly. Adding VAT to gold would add an extra £400 to the cost or so.

    • @smoggydrones5664
      @smoggydrones5664  2 месяца назад +2

      @@daviniarobbins9298 when I was younger Platinum I assumed was above Gold how times have changed. I still cannot get my head round paying £2K for an ounce of gold :(

    • @daviniarobbins9298
      @daviniarobbins9298 2 месяца назад

      @@smoggydrones5664 Yes, platinum used to be worth more than gold. That all changed about 20 years ago? Platinum tends to be more stable in the markets. More of a rollercoaster, up and down, up and down. I don't have much platinum just a few tenths. I reckon I would get my money back mostly if I sold them on eBay.
      Incredible is gold. If you bought an ounce a year ago you are about 27% up on the deal.

    • @des_smith7658
      @des_smith7658 2 месяца назад

      There's no VAT on gold

    • @daviniarobbins9298
      @daviniarobbins9298 2 месяца назад

      @@des_smith7658 I know that. I was saying if they applied VAT to gold that is how much extra you would pay on 1 ounce. It would force people like me to only buy from the secondary market.

    • @connect4558
      @connect4558 Месяц назад

      I used Tavex Bullion as well but they charge for delivery, I believe Atkinsons don’t!🤷‍♂️

  • @shauncorless8965
    @shauncorless8965 2 месяца назад +1

    Don't buy from royal mint always overpriced ,,,soon be 3000 dollers a oz ,😅 I remember buying sovereigns 4 for £100 , now u couldn't buy 2 for a thousand,,😮if buying sovereigns then shield backs are the ones 😅

  • @keithengland9068
    @keithengland9068 2 месяца назад +1

    As I understand, sovereigns are not due any Capital Gains tax?

    • @smoggydrones5664
      @smoggydrones5664  2 месяца назад +1

      @@keithengland9068 no CGT and no VAT but that might change in the budget (Gold coins)

  • @Jd-mg4yu
    @Jd-mg4yu 2 месяца назад +1

    As a possibly new stacker, do you think its a good or bad time to buy gold with it being at such a high price now? Also do you think the price will come back down or go even higher with all the world turmoil going on? Thanks

    • @smoggydrones5664
      @smoggydrones5664  2 месяца назад +1

      @@Jd-mg4yu that’s the million dollar question (lol)
      Never really a bad time to buy gold. I’ve noticed that it does tend to fall slightly at the end of the week but generally it’s on an upward projectory.
      If you intend to keep it 5+ years you should be ok. I’m no expert by a long way so you need to think long and hard.
      Only put 15-20% of your savings in gold. Gold soverigns I find best value and can be easily sold. Be careful of premiums. Good luck

    • @Jd-mg4yu
      @Jd-mg4yu 2 месяца назад +1

      @@smoggydrones5664 ok thanks. Ive been thinking about it for a while now but kept putting it off due to high prices but then it went higher (typical ha). Can I ask if when buying sovereigns, does it matter what the age /condition is? I see the newer coins but also some that are classed as second hand on Atkinson's, chards etc, should I stay away from these or does it not matter?

    • @smoggydrones5664
      @smoggydrones5664  2 месяца назад

      @@Jd-mg4yu depends why you are buying. I’m a stacker so price is king. As a collector condition is king. I tend to buy mixed dates from Atkinsons. It adds to the excitement as you don’t know what you’re getting anything from 1895 to 2023. Queen Victoria to King Charles. I used to buy half and full sovereign’s but taking premiums into account I only buy full sovereigns now. Stay clear of eBay. Just buy from a dealer via an account and they track your investment for you.
      Be careful when you sell. I will just sell back to Atkinsons when I retire. My goal is to collect enough to buy a top end new motorhome and follow the sun. Set out a plan and stick to it.

    • @Jd-mg4yu
      @Jd-mg4yu 2 месяца назад +1

      @@smoggydrones5664 thanks for the advice. I guess I'm just trying to preserve what bit of savings I have. Cash is being removed, or being inflated away and I don't fully trust the banks etc so I'm looking at other ways to hold onto what I have. A motorhome when retired sounds a good plan going forward with the way the world is going though.

    • @smoggydrones5664
      @smoggydrones5664  2 месяца назад

      @@Jd-mg4yu let me know what you decide. Cheers

  • @amsterdamkim
    @amsterdamkim 2 месяца назад +2

    Don’t give this government any ideas lol

    • @smoggydrones5664
      @smoggydrones5664  2 месяца назад +1

      @@amsterdamkim I think this government will have already thought of it. If they do I would stop stacking not so keen on going back to secondhand gold and silver to much hassle TBH