I didn’t know about it my first year stacking and definitely kept some powder dry for this year. Though I’m curious if the deals are going to be as good as in previous years given the current supply issues.
I didn’t know about it my first year stacking and definitely kept some powder dry for this year. Though I’m curious if the deals are going to be as good as in previous years given the current supply issues.
@@thegringostacker There's always someone that wants to sell and move on or needs money but yes at times there could be less deals around than there has been
The only thing i think i would have done differently would have been to have bought more when gold was under £1000. I think back then i had more commitments so it may not have even been possible.
I thought about this too. My first gold was in the £900s but what I invested in through the past few years has done far better than gold in the equivalent period so I'm not too upset and I would really be worse off had I just bought gold
My LCS has been telling me that he has been selling large quantities of 1/10 ounce gold coins. He said that many clients are buying hundreds at a time. That is a LOT OF MONEY, and huge premiums! The only reason somebody is buying small gold in quantity is for BAD TIMES.... I am bothered by the implications
That's interesting. I know an LCS smaller dealer in the UK who deals with lots of sovs which are the preferred coin overall from his experience but apparently not had any big buyers after smaller coins than that
I been looking at the history of gold prices since 1970. It was never above £250 per oz until about 21, 22 years ago. What caused the price to start climbing and climbing? It has increased 7 fold over that time.
Loved this video. Your channel has been very helpful in my early stacking journey! Im now on my early youtube journey! I want to throw a little challenge to some of my influencers to make this video for your subs (ill settle for a reply 😅): What do you wish you knew before starting this RUclips channel?
It depends what you want to use RUclips for? For me it was a good way to look at what I'd bought close up and learn about the coins, I didn't intend on having public videos. If you want a big channel with lots of views I wouldn't bother making a niche channel on stacking though pick a broader topic.
Hi, where is best to get bullion (used) please? Not too worried about the condition it’s in just the liquidity. TIA would prefer a shop but online and reliable would be ok. Great topic
Probably best online unless you're based near London or Birmingham. Try Atkinson's, Hatton Garden Metals or Bullion By Post perhaps. There's no one best dealer it depends what you're shopping for, stock levels and their offers at the time but each of those I've used multiple times and are trustworthy
@@SovereignSaurus thanks v much for the recommendation once again. Looking forward to having a look. Gold Bullion coins I think as watched BYB channel and recommended possibly starting out with that.
Nice way to start my day looking at all the lovely gold pieces . I think the only change that i would make , is to have bought more metal earlier when the prices were much lower . Thanks for the eye candy Sir.
You state that, in hindsight, what you would have done differently is not set a budget but buy more. Who could have predicted? Anyone. Guys, gold is cheap today compared to 20 years on. Buy now. Don't set a budget. Don't wait for bonuses. Sell everything else. Borrow as much as you can. Don't miss out on what God has put in the earth for those who want to grab it immediately. Duh.
Can't give an exact number at the moment but here's a video from a little while ago with over 65 Oz of gold sovs. Add to that the 1 oz and a few random bits and pieces m.ruclips.net/video/QsWAGw2oOZs/видео.html&lc=UgzmZsVmqLOjuoteGat4AaABAg
@@SovereignSaurus I love the quarter ounce Tudor Beasts. I already have a couple of them. They are pretty low premium over here across the pond compared to the AGE's (I paid $460 and $463 for mine whereas the quarter ounce gold eagles are $540 and above)
HELLO from greece!! i buy for my stack only gold sovereigns because here are the most liquied gold coins with low premiums .... other gold coins like britannia have much more premiums and when you go sell them you take under spot so you lose many money !!
I was surprised to find out that sovereigns were so popular in Greece. Good to know. Some of my shields came from a gold dealer in Greece too. I also visited Thessaloniki a couple of times. Beautiful country.
I would buy unallocated gold to start with. Than when you have enough, switch it to gold. This way, less premiums. It also makes your gold way more liquid.
If I were to do it all over again. I would pay off all my debts and shred my credit cards. Then save a little per pay period, the goal would be for an ounce of gold or more by year’s end.
Ran over a hitchhiker and stole her clothes, I was driving through town and saw her stood on the corner and thought, Oh man... That would make the perfect backdrop.
Well, you're not messing around in your gamble on the first in series for the Tudor Beasts, delivering a nice return. It's a pretty safe bet (nothing is guaranteed, this is not financial advice), that the coin will see some appreciation in premium over spot. But were you actually buying one every month then?
I've got a couple of tubes of 2022 sovs yeah, they were often priced better than 'best value' sovs at times this year. I still buy other years though too. I really like the TBs and would be happy to hold them but should the premiums rise on the 2nd hand market I'll be happy to take profits and buy back cheaper bullion.
Dirty hands 🤣 Otherwise I wouldn't. Also a bit of an experiment if it helps the coin stand out more clearly. I wouldn't handle proof coins but bullion is bullion
Britannias seem to be the best option for stacking based on the current rules, for eg they are CGT exempt. Buying new silver from dealers at the typical premiums plus 20% Vat puts you at a fairly deep loss from day one though... Silver has to really move before you can even break even unfortunately. I'll explain further on a future video 👍🏼
If you were to start stacking gold even if it wasn't $2000 an ounce, the one thing I would NOT do is buy numismatic/high premium bullion like those Queens Beats coins. Get 1 ounce or half ounce Gold American Eagles, or Gold Maple Leaf's.
If you can buy the higher premium bullion stuff on release like the beasts when the premium is similar to a Brit you could do quite well. For a stacker though it doesn't make sense to buy once the premiums have risen 👍🏼
I would do more research before buying and selling. Know the spot price and what the coins are worth. Also put more cash aside for those things that come up.
Man i absolutely love the British Britannia 1oz silver and gold bullion coins. I got a few monster box's of them. I traded some silver bars for em and as for the gold ones I got roughly 40 of the 1oz gold Britannias with the golden and silver eagles. But man I buy a Lil bit of everything I love my Morgan's lol I inherited 973 silver Morgan's lol my grandfather had alot to do with the Carson city mint and he buried over 900 of them in jars and wooden boxes here on our dairy farm. And with all the silver n gold I inherited I'm Lil over 60,000 ozs of silver yeah it's alot. My grandfather and great great grandfather all put alot of their wealth into gold n silver plus back in the 1800s 10 bucks 20 bucks ect was in gold and silver coins. So yeah they was millionaires so thats how I ended up with most of it. I'm considering doing some trading for diff bars n coins and rounds ect. And clean the hoards up some
A few people mention this... When my hands are a bit scratched up or filthy from tinkering it's easier to put the gloves on. I'm obviously not bothered about touching bullion coins especially ones in capsules 👌🏽
@@SovereignSaurus I know brother. It looks like your stack is a work of 11 years. I try to stack too. Silver and gold. Thinking about boosting my gold coins. 1 oz or 1/4 like you. Thanks
The only thing I would add is to set aside a larger portion for the Black Friday deals which can be very helpful in averaging down.
ooh good call! That's coming up soon. Worth keeping an eye out
I didn’t know about it my first year stacking and definitely kept some powder dry for this year. Though I’m curious if the deals are going to be as good as in previous years given the current supply issues.
I didn’t know about it my first year stacking and definitely kept some powder dry for this year. Though I’m curious if the deals are going to be as good as in previous years given the current supply issues.
@@thegringostacker There's always someone that wants to sell and move on or needs money but yes at times there could be less deals around than there has been
The way the coins kept coming brought a smile to my face.
Haha you might like today's video too
Wow! New subscriber here. Ive seen your content before but only just realised I hadn't subbed. You have a stack to be desired! Awesome.
Thanks for dropping by. There might be a full gold stack video before the end of the year if I can figure out the logistics.... We'll see...
The only thing i think i would have done differently would have been to have bought more when gold was under £1000. I think back then i had more commitments so it may not have even been possible.
I thought about this too. My first gold was in the £900s but what I invested in through the past few years has done far better than gold in the equivalent period so I'm not too upset and I would really be worse off had I just bought gold
Sovereign, you are the man! Definitely very impressive!
Thanks have a great Xmas
My LCS has been telling me that he has been selling large quantities of 1/10 ounce gold coins. He said that many clients are buying hundreds at a time. That is a LOT OF MONEY, and huge premiums! The only reason somebody is buying small gold in quantity is for BAD TIMES.... I am bothered by the implications
That's interesting. I know an LCS smaller dealer in the UK who deals with lots of sovs which are the preferred coin overall from his experience but apparently not had any big buyers after smaller coins than that
I been looking at the history of gold prices since 1970. It was never above £250 per oz until about 21, 22 years ago. What caused the price to start climbing and climbing? It has increased 7 fold over that time.
A good question... I imagine there's a correlation with a few things that could be investigated
great topic, Sovereign Saurus - love your thoughts
Thanks, we have quite a similar approach
Loved this video. Your channel has been very helpful in my early stacking journey!
Im now on my early youtube journey! I want to throw a little challenge to some of my influencers to make this video for your subs (ill settle for a reply 😅): What do you wish you knew before starting this RUclips channel?
It depends what you want to use RUclips for? For me it was a good way to look at what I'd bought close up and learn about the coins, I didn't intend on having public videos. If you want a big channel with lots of views I wouldn't bother making a niche channel on stacking though pick a broader topic.
Hi, where is best to get bullion (used) please? Not too worried about the condition it’s in just the liquidity. TIA would prefer a shop but online and reliable would be ok. Great topic
Probably best online unless you're based near London or Birmingham. Try Atkinson's, Hatton Garden Metals or Bullion By Post perhaps. There's no one best dealer it depends what you're shopping for, stock levels and their offers at the time but each of those I've used multiple times and are trustworthy
@@SovereignSaurus thanks v much for the recommendation once again. Looking forward to having a look. Gold Bullion coins I think as watched BYB channel and recommended possibly starting out with that.
@SovereignSaurus what about Tavex bullion?
Which UK silver coin is best to stack?
Personally I'd answer gold sovereigns.... If you really want to buy silver though the Britannia is the most popular.
Nice way to start my day looking at all the lovely gold pieces . I think the only change that i would make , is to have bought more metal earlier when the prices were much lower . Thanks for the eye candy Sir.
Yes with hindsight the cheapest gold I ever bought was the first gold but ... Who could have predicted
You state that, in hindsight, what you would have done differently is not set a budget but buy more.
Who could have predicted? Anyone.
Guys, gold is cheap today compared to 20 years on. Buy now. Don't set a budget. Don't wait for bonuses. Sell everything else. Borrow as much as you can.
Don't miss out on what God has put in the earth for those who want to grab it immediately.
Duh.
Do you think it will jump up over a 10 year period again above inflation?
hello, how many ounces of gold do you have?
Can't give an exact number at the moment but here's a video from a little while ago with over 65 Oz of gold sovs. Add to that the 1 oz and a few random bits and pieces
m.ruclips.net/video/QsWAGw2oOZs/видео.html&lc=UgzmZsVmqLOjuoteGat4AaABAg
Any recommendation where to get a good crystal ball ?
Tried eBay? 🤣
All those quarter ounce Tudor Beasts are making my mouth water.
🤤🤤🤤
@@SovereignSaurus I love the quarter ounce Tudor Beasts. I already have a couple of them. They are pretty low premium over here across the pond compared to the AGE's (I paid $460 and $463 for mine whereas the quarter ounce gold eagles are $540 and above)
@@jeremiah1059 Wow that's an incredible difference. Yeah as good as it is to stack eagles especially over there, I'd be struggling to pay the extra
HELLO from greece!! i buy for my stack only gold sovereigns because here are the most liquied gold coins with low premiums .... other gold coins like britannia have much more premiums and when you go sell them you take under spot so you lose many money !!
I was surprised to find out that sovereigns were so popular in Greece. Good to know. Some of my shields came from a gold dealer in Greece too. I also visited Thessaloniki a couple of times. Beautiful country.
@@SovereignSaurus yes men these are the most popular gold coin in greece ... i live in thessaloniki !!! hope next time take a coffe together
No one should let 1oz gold coins go under spot
I would buy unallocated gold to start with. Than when you have enough, switch it to gold. This way, less premiums. It also makes your gold way more liquid.
If I were to do it all over again. I would pay off all my debts and shred my credit cards. Then save a little per pay period, the goal would be for an ounce of gold or more by year’s end.
I don't think you can go far wrong paying down debts, like you say it would free up that future income
That’s nice! What is that, velvet? 😂
Ran over a hitchhiker and stole her clothes, I was driving through town and saw her stood on the corner and thought, Oh man... That would make the perfect backdrop.
Do you recommend just getting gold sovereign coins only?
Well, you're not messing around in your gamble on the first in series for the Tudor Beasts, delivering a nice return. It's a pretty safe bet (nothing is guaranteed, this is not financial advice), that the coin will see some appreciation in premium over spot. But were you actually buying one every month then?
I would have thought you would have had that many '22 Sovs. Being a special year and you being Sovereign Saurus.
I've got a couple of tubes of 2022 sovs yeah, they were often priced better than 'best value' sovs at times this year. I still buy other years though too. I really like the TBs and would be happy to hold them but should the premiums rise on the 2nd hand market I'll be happy to take profits and buy back cheaper bullion.
@@SovereignSaurus Couple of tubes! Pardon me of little faith. Hah.
@@dleetr Haha the videos are a few oz behind the stack, I'm not in the 100 oz club yet though
As always great advice!
Thanks C&C hope you had a great weekend
Hey SS
You touched on a lot of great points 👌
Cheers 🍾 🍻
🍻 Thanks mate
I hope U can answer my question why do you wear gloves 🧤 when handling gold and silver?
Dirty hands 🤣 Otherwise I wouldn't. Also a bit of an experiment if it helps the coin stand out more clearly. I wouldn't handle proof coins but bullion is bullion
.......that is covered in plastic ?
I've just started stacking 2024 1oz silver britannias, will britainia coins hold there premium in years to come when I sell?
Britannias seem to be the best option for stacking based on the current rules, for eg they are CGT exempt. Buying new silver from dealers at the typical premiums plus 20% Vat puts you at a fairly deep loss from day one though... Silver has to really move before you can even break even unfortunately. I'll explain further on a future video 👍🏼
I plan on buying maybe 2 britainias a week but keep staking for next 10-15 years. Thanks for replying 👍🏻
If you were to start stacking gold even if it wasn't $2000 an ounce, the one thing I would NOT do is buy numismatic/high premium bullion like those Queens Beats coins.
Get 1 ounce or half ounce Gold American Eagles, or Gold Maple Leaf's.
If you can buy the higher premium bullion stuff on release like the beasts when the premium is similar to a Brit you could do quite well. For a stacker though it doesn't make sense to buy once the premiums have risen 👍🏼
I would do more research before buying and selling. Know the spot price and what the coins are worth. Also put more cash aside for those things that come up.
Those are some good points. You do see people trying to sell from time to time with no real idea on the price.
For 2023 if my means allow me, I will try to focus more on gold. But the Dollar would have to fall a little before.
Yeah interesting to see how the currency rate plays out. It has been a bit frustrating seeing the £ go down the pan this year
I like them all! 😎😎😎
😁
Man i absolutely love the British Britannia 1oz silver and gold bullion coins. I got a few monster box's of them. I traded some silver bars for em and as for the gold ones I got roughly 40 of the 1oz gold Britannias with the golden and silver eagles. But man I buy a Lil bit of everything I love my Morgan's lol I inherited 973 silver Morgan's lol my grandfather had alot to do with the Carson city mint and he buried over 900 of them in jars and wooden boxes here on our dairy farm. And with all the silver n gold I inherited I'm Lil over 60,000 ozs of silver yeah it's alot. My grandfather and great great grandfather all put alot of their wealth into gold n silver plus back in the 1800s 10 bucks 20 bucks ect was in gold and silver coins. So yeah they was millionaires so thats how I ended up with most of it. I'm considering doing some trading for diff bars n coins and rounds ect. And clean the hoards up some
Good to have a bit of a stack to fall back on if ever it's needed. I would imagine it's been a lot better than storing dollars
Jeez. Take care out there buddy...
I can’t handle the gloves it really frustrates my mind.
A few people mention this... When my hands are a bit scratched up or filthy from tinkering it's easier to put the gloves on. I'm obviously not bothered about touching bullion coins especially ones in capsules 👌🏽
1 oz bars/best value sov's
A good way to get the weight up
5k each year for me in one go then hold
Nice work, good luck mate
Il kep that in my stash place for you if you want nice and safe wink
How generous of you ;)
Rich guy
It's not how much you make though it's how much you keep ;)
@@SovereignSaurus I know brother. It looks like your stack is a work of 11 years. I try to stack too. Silver and gold. Thinking about boosting my gold coins. 1 oz or 1/4 like you. Thanks
@@corporatemcmahon2815 I much prefer the gold to silver but it all depends what happens between now and when we come to sell
Low possible premiums, and sovereign only
Nice choice