Should You Buy 1 Gram Gold Bars?
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- Опубликовано: 29 июл 2024
- What's the best 1 gram Gold bar? ANSWER: All of them!!
All 24ct 999.9 purity Gold is great - long as its the real deal and not Gold plated!
PROS of 1 gram bars:
Money in bank worth nothing - Interest rates will be near ZERO for years!! Just about everyone can afford 1 gram of Gold!
You could do a lot worse that spend 50 bucks on 1g gold bar - better than buying the usual crap and less initial risk (we want to avoid having to fire sell it if you over commit buy larger amounts of Gold)
It seems demand for 1g and 2.5 grams - in 2015 a $34 gram has peaked at $64 in August 2020
CONS of 1 gram bars:
Smaller bars, including the 1 gram and 5 gram gold bar, carry much higher manufacturing costs proportionally to the 1 ounce Spot price of Gold so you could pay a 20%-30% premium.
Packaging:
Don't tamper or open the packaging, but if you can get loose Gold bars that are 100% real and a good price do it!
1oz Royal Mint Silver Britannia Coin - amzn.to/3HIC25P
1oz Philharmonic Austria Coin - amzn.to/34eoqk4
1oz Silver Kangaroo Coin - amzn.to/3ePrDsy
1oz South African Krugerrand Silver Coin - amzn.to/3zpUU6B
1/10 oz fine gold Britannia Gold coin - amzn.to/3n1mWAf
Coin Collection Album 60 Pockets - amzn.to/3FZ5Sm0
1kg .999 Copper Cast Bullion Bar - amzn.to/3qQzJqn 
Хобби
Totally agree, when I have a chance to buy 1g, 2g 5g and dont have the money to purchase a larger sum, I don't look at it as a waste of money. Cause I don't see buying gold as purchasing a product especially one you don't need, but an investment. I view it as me converting a paper money to metal money, something with an inherent tangible value. Think about it, if you decide not to purchase that small sum of gold, most likely you will end up spending that $50-$60 dollars buying stupid things, like morning coffee, or a video game, or smokes, what ever your vice happens to be. So it will end up being wasted. With that one gram, if you decide you need cash few months later or years, you can always just sell it, and get most of your money back. Even if you loose 10% or even 20% its better than having spend all your cash on a useless item that has no resale value at all.
Well said , well played my man! Exactly how I feel , long term investment purchased in small increments over time. Small drops add up to a waterfall !
I see apmex has 1 gram bars for 83 range that premium serious. Is it worth it at that price?
My thoughts exactly!
So true, you won't lose.. show me 1g of Gold show me 1g of Gold for sale at spot price on the Internet anywhere, long term Gold is strong Dollar in big trouble.
Very well said, and if you hold it for long term then sell, you’re possible be making a profit too. Win Win :)
Good general knowledge on 1 gram of gold..you have answered my questions.
Thanks I enjoyed it..be back for more!
😊👍
They make for great gift items. They aren’t super expensive, and no one expects to get freakin gold as a gift.
Actually that is a really good idea, never thought about it like that.
Very true indeed
Coins are much better in that regard. Frankly, I find these “bars” entirely useless. Even as gifts...
@@kencur9690 I can’t afford 1oz of gold. I can afford the smaller sized bars, like the 1 gram sizes. I know for stacking there are better options, but as nice little gifts, they work fine. I still prefer gifting silver though, it’s more affordable and readily available.
@@samuelleahy4780 what’s the point of giving it as a gift? Someone who receives it won’t have a stack to invest or what not. So it’s either novelty or perhaps inspiring someone to start. In that case roi is not even an issue, so coins make a much more wonderful gift. You can afford some small coins, and they are way, way cooler than this. At least for someone not into this, or a child, which I am guessing might be the two types of people you are gifting to...
Just kind of getting into this and I’m very glad I came across this video. Helped me for sure
Glad it helped!
I like the idea of also having a few of these as a back-up emergency fund: pick up some 2.5, 5, or 10 grams and pack them away in a Pelican box for a rainy day. You'll have them, they will retain or increase in value, and it will be less tempting to blow it on frivolity as you might do with spare cash...
Really want a Pelican box.
Thanks for the information 👍😀🙂
This makes me so happy.
Solid advice mate
thanks for the video! great content about gold
thank you, appreciated
1gram bars are perfect for bartering if the economy takes a 💩 know what I mean? You're not going to use a 1oz bar for food or petrol etc.. I just purchased 4 1gram ,4 2.5, 1 5gram bars because of your videos. I've been buying silver bars and rounds for a few months now. Much love and mad respect from the Pacific Northwest 🌊🌲🗻
Good for you, good choices there, happy stacking!
I had same thoughts my gold would be the last resort iv also been looking at 2.5
Which is better to buy gold bars or rounds?
fror that silver will do best i believe...
I feel fraction Gold and Silver is a great way for new investors who are nervous entering the market to “Dip there toe” then once they’re more comfortable and have learnt more about Precious Metals they can increase there stacking purchases. Great Video btw. New Subscriber here :)
Glad you talked about fractional gold pieces not all of us have the funds to get bigger pieces like myself I have a few 2:5 grams and 5 grams I'm happy at that
Thanks, well I think I've realized its all relative, many people I speak too could't afford to keep a single gram for more than a few months let alone years. You can soon build a decent little stack goign slow and steady over time.
@@TangibleLife slow and steady always wins the race
Gives new meaning to "Gold Card".
Good advice
Doesn't hurt to be able to add small denominations. I usually buy silver for this but if gold is what is in demand it's nice to have them. Generally I'd buy most in larger amounts though
Yes, as long as people can buy what they can afford to keep long term.
First of all any gold is good gold!
You're right about premiums. Except they're hard to gain when selling again - even 2nd hand markets. But hey as you said there's much worse ways to spend 50 bucks! 😁
One thing against the 1 gram bar though is that in (most of at least) EU for gold to be considered investment gold it must be more than one gram (and for coins .900 fine or better and for bars .995 fine or better). So those 1 gram bars just doesn't make much sense except for gifts where you're pushing yourself moneywise. A much better deal will be the next step up 2,5 gram or go for coins 1/20, 1/25 or 1/10 oz. Still quite high premiums but still affordable and a much better price pr. gram.
That said - sure I too have a few small bars but only 1 of 1 gram. Can be I'll buy one or two more as my favorite dealer now carries his own custom design (made by Nadir) for significantly less than the Swiss 1 gram options he carry.
While a bit versatility IMHO is recommended I'll though suggest you limit your buying of anything less than 1/4 oz (coins or bars, vintage coins can have lower premiums and so they can be as low as 5,8 for the Franch franc etc.). Put the money aside perhaps in a piggybank and whenever the amount is enough to cash whatever you want a then go do it. Just do yourself a favor to calculate price per weight unit. As said above as a generel rule of thumb is that 1/4 oz and above that's where premiums flattens out.
For smaller values I stack silver. Unfortunately in my country silver is not VAT exempt and ordering online is typically a fortune in shipping. So most of my silver is some form of "junk" silver. Vintage coins and medals - but hey most of it I've hunted 2nd hand markets and got below and some even way below scrap value (yes I'm sure of authenticity).
How about quarter sovereigns? 2g for decent entry prices
Hi,
Yes excellent choice buying fractional bars. I am Gold stacker 24k bars only. I buy 1 Gram to 5 Gram bars for 11 months. Then on 12 month I buy big Bar.
Thats a good strategy little and often and a nice bit hit to top it up.
@@TangibleLife
Yes bro, because to be excellent stacker you must buy no matter what every month for atleast 20 years miniumum. Then you will get excellent results
Best place to buy? And what's price as of today for 1g
I think there are pros and cons, a few dealers I've spoken too have said they're really easy to sell all day, very affordable for many people, depending how the price goes in the future it could be that some of the bigger pieces are a bit of a stretch for the average buyer. My first 10 oz were mostly fractional pieces with about 2 oz in small bars 1g 5g 10g etc, I'll keep picking up small bars at the right price but keeping an eye on those premiums
Yes good point. Money people can afford around £100 for some Gold but consider Sovereigns at £350 is going to be out of reach for many.
Very good point and well explained :)
Thank you very much for the information, it was very helpful. How about buying under one gram of gold? I've seen them on eBay for under $20.00. Thank you for your time.
I have a few of 0.10g of a gram bars I only bought these because the price was so good. Really I think 1g is the smallest I would stack on a long term.
Better buy from reputable place..
For fractional i buy lower karat 10,12,14k scrap wedding bands and hoop earrings. Simple. No stones, plain Jane. I hardly ever pay spot let alone premiums. I can convert the math to establish purity and tgw. And the nicer pieces are easy to resell. In bullion its never lower than an ounce for me.
I honestly don't care about premiums. A premium to me is the manufacturer cutting up and cleaning up your gold for you, making it all pretty. Of course there should be a fee aka premium or you can go ahead and clean it up yourself.
They fit nice in a christmas card. So yes.
For a few grams ok. However if you want to buy each month 1 or a pair of 1 gram bars, wait until you can buy a set of 10x1 gram or even 20 grams. Or wait for a time and buy a valcambi 50x 1 gram gold bar but yes that could be too expensive. So I should wait until you have the money for a 10x1 gram gold bar so you pay one time premium.
Yes, good idea
How did you get the Baird & Co bar I thought about opening an account but the way they explained how it worked didn't make much sense to me?
It is a bit of a pain you just have to upload some proof of identity to prove who you are e.g. drivers license... worth the effort though.
Gold bar of gold britania/soverign?
I just released a video on 1g gold bars. I’m slightly addicted to them!
Where do u buy them?
My brother see something he likes he automatically buys it makes Christmas shopping a bit of a pain.
I am thinking about purchasing these for Christmas. Hoping he's not insulted
I think this would be an interesting gift for sure.
Hey I'm 15 and have made myself up to around 1600usd or around 1200 british pounds from buying and selling computer parts and wanted to save a bit of that money from inflation. Would you recommend buying a 5 gram gold bar or a 1 gram bar to start off with?
Hi Antek, we'll done you! if it was me I would probably go 5g as you will still have plenty left.
@@TangibleLife Ok thanks did decide on a 10oz silver bar from 9 fine mint instead since I found a coupon code and didn't pay too much over spot. I will most likely buy some gold though in the future.
I love Gram Gold Bar!
I have a couple grams of gold, just remember if you're not getting a decently premium bar you're just gonna get spot back. Also remember you're gonna need 31 x 1g bars and 1.5 grains to hit a troy ounce.
I would only buy 5g bars and bigger, because here in Spain only bars bigger than 2g are considered Investment Gold, and are this tax free. 2.5 Bars are too tight in that definition in the face of possible future changes in the law. I might buy a single combibar of 10x or 20x grams to cover chances of a bartering SHTF scenario though.
That is very interesting comment, thank you
I just want to hold physical gold bar lol
I wonder if it is better to take the gold bar out of the package or leave it as it is. Does it have any effect on the higher price?
Does not effect value to take out of assay card.
@@James-un2zj that is true, it does not effect the gold but it may affect it
Are the 1 gram gold bars the best long term investment for high profit/return when selling in the future? What do you think their potential value would be in 5-10 yard time compared to other forms of gold?
I think 1g is good but you have to remember its only 1g and you will need to keep going (stacking) consistently to build a worth while stack of wealth for a 10 year time-frame (every month minimum)
@@TangibleLife yeah. My goal is 50 - 1 gram gold maple leafs. Got 2 so far. Larger gold too. But I think having a oz 30-50 1gram gold pieces are great. If you ever need extra money for an emergency night not need to sell a full oz. just grab a few grams and got a couple hundred $$
@@BlizzardPeak you made a great start. Yes a mix of smaller and larger gold I think is sensible when it comes to liquidation.
What was the answer to this question
I would love to see $50 1 gram bars again...
I think there will be one more crash before final move up.. I'm talking 15-20% crash, so could see $1500-$1600 briefly in the next 6 months.
@@TangibleLife Unfortunately no one will sell the physical just like what happened last Mar 2020
People shouldn't buy them if they live from check to check, all to many times people do this and the 1st time they get in a bind they are forced to sell it, this is when you'll loose money
You just hit the nail on the head.
I disagree. There's no better way for someone to save money and the cash is being destroyed these days. These are affordable for most people but if you do get into a bind, maybe collateralize it and get your gold back. You don't want to come off an asset that works even for the small investor as well and pays you capital gains the more patient you are, and with nearly zero maintenance besides securing it and buying when prices are weak.
If you're living check to check, it's a good time to get into wealth building IMO. Precious metals, especially Gold is the way to go. I do love silver, and I think it's clever to own both and use them to your advantage, but Gold is a much more stable, smoother ride. Although I admittedly cut my teeth in silver.
Precious metals is the one asset class that got me over the fear of playing the long game. I used to do a lot of day trading and speculating, and physical bullion is a good way to learn how riding out long term trends in an asset that appreciates is a powerful move, especially when you have a lot of wealth to protect and distribute. Getting started now and shaking off the fear and the need to sell the second the price jumps is very important. The great thing about metals is that it can scale to meet the investment needs of anyone's financial situation.
Agree … buy what you can afford… it’s an insurance policy at the end that you can cash in for something else
My late bf gave me a ring 24k gold 4.3 that time it was just worth 100$ when he bought it way back in 2001, now if i will pawn it , i can get it for 400$ after 23 yrs. I still have the ring. May he rest in peace.
Can you please suggest any decent bullion places to purchase these other bars apart from the pamp, I've got plenty of those.
I picked these up from a few places eBay, ukbullion.com, BullionByPost
@@TangibleLife cheers T
I recommend chards or Hatton garden metals or Gold.co.uk
Royalmint in the UK sell them at the moment.
BBP, Atkinsons, HGM, Baird, Chards all very reputable, check out your local area incase there is a local coin shop or dealer near your area.
With all the counterfeits out there I test all of my gold I figure at some point someone is going to take it out of its package.
it would be nice if apmex had a program where you could buy 1 gram at a time and if you keep them and retain in their package and show recipt then you can exchange 31 of them for 1 oz piece of gold and then accumulate enough of those and exchange for 1 piece of another gold
but they dont
I would assume 1 gram bars would be easier to exchange?
yes all day long
it's uneconomical to fake 1 gram gold bars at current spot price with the assay card, the lowest weighted fake bars starts at 2.5 grams, so I say it's safer to stack 1 gram of gold.... for now
Thats an interesting point of view that most people would overlook.
I think the fact that 2 years ago we could get 1g bars for £50 and they’re now £75 is enough of a justification to prove 1g bars are worth it. Fractional is much easier to shift than 1oz at £1700. I’ve seen 1g-1/4oz shift faster than 1oz. Dealers almost always won’t give you back the premium, selling privately is much better
Hi sir 2g price details sir
I highly agree, everyone of us can afford one -two grams of gold per paycheck.
no you can't ; it is a very expensive way to buy gold or to invest.
problem with 1g gold bars is if u need to liquidate in a hurry cause u need some cash, most pawnbrokers or goldsmiths or bullionshops aint going to pay u anything more than spot,sometimes lower,so u lose a ton of the premium....
and taking a 20,30 percent hit is massive, u might as well be sticking to banks deposits and CDs....if u can its better to just save up and buy a 5g or 10g gold bar, 10g gold bar is only 5 percent above spot sometimes u can even find it at spot.....
They are just to small for me . I have two 2.5 and one 5 G . I also have a 1/4 Oz gold coin .
What’s the best way to stock them ?
stock or stack?
I would say the staple should be 1oz every 6/7 weeks
Gold confused me. You are buying gold and paying a premium on the gold so you basically lose money instantly ? Because if you want to sell it back you won’t get ur money back ?
you will gt it back in time, and if you don't have to sell it under spot price in a hurry - think 5 years hold time
yes, you lose instantly, and if you wait to sell, you still lose because so many other investments go up faster than gold
I bought a 5 gram bar from Perth Mint.
I want more.
Nice bars, nice mint good job
Jeeze I just spent $95 on one from ampex I’ll probably save for the 1 oz to pay way less premium
Try not to buy gold from those sites, they charge insane amounts for premiums. Try to find a local coin shop, you will save 30%-50% of the premium cost. Just to give you an Idea I bought a Canadian Leaf 1/10 ounce from Ampex and paid $290 after premium and shipping costs. I bought the exact same coin a few weeks later at a local coin shop and paid $225. Yes its still quite a bit more than the true gold value of a coin which is about $185 in pure gold value, but no where the insane amount of $290.
@@voltsoftruthBSbuster was what you got from coin shop in good condition? Ampex is fine if u buy at least an OZ only $80-100 over spot price. and u can trust that site imo but anything under the premium is super high I agree
Good stuff - at least you know you're getting proper 100% real Gold.. be very careful buying from coin dealers you don't know about.
Bruh... 100 bucks for a gram of gold?? I mean if it was super rare vintage Engelhard but even then that's alot. Go to a local coin and bullion shop trust me. I have a shop near me that's thw best gold seller on ebay. Cheapest prices. Apmex brands and what they carry is good but pricey. I bought a 2.5 gram valcambi suisse bar in the assay all u know brand new for 167$ and i STILL overpaid! Lol
My volume up and I cant even hear the video 😥
where do you sell any gold you have?
FB, eBay, Gumtree
The answer is yes
When you sell it you get the premium back unless you go to pawn shop ,,,, i would sell on ebay £1 selling fee promotion and will sell for £60 £65
I feel like the smaller Bars would be more useful in a crisis. Especially for things like gas and groceries.
not everyone is rich enough to buy large bars thats why some buy 1 gram
Nothing wrong with 1g Gold bars.. far worse things to buy.
Buy a little gold every pay day
a PAMP Gram cost me $100.00 usd in states, CAN you get grams cheaper in UK, WE CAN MAIL
in UK at the moment its about $75 per gram, so you are a bit over, is there a shortage in USA
where can i buy it
First time buying? probably somewhere like Apmex if in the USA.
I think it is okay to have small amounts of gold as they would be far more useful it times were hard and you needed to use your gold for barter or to buy things... I started off buying only 1 ounce gold pieces but then I realized it was pretty limiting so I got some packs of 1/10th ounce mini bars... they are so cute to look at also. A variety seems more sensible to me. I would not buy bigger than 1 ounce gold pieces myself... I also have quite a few of the quarter ounce. I am not sure how big those 1 gram bars are as I have never seen one.
Just like credit the more you have the more financial you are
Yes well said.
And think about this, 32 of these you get an ounce so just slowly build up
absolutely..and when you consider what people waste $50 on every month
I quit smoking after 18 years for a couple months now. I spent over 200 a month on cigarettes. Imagine if I had bought a gram a gold a month instead.
Isn't 1 gram of gold higher priced? So after buying 32 grams or so, the cost of one ounce, have I over paid?
Guess I should watch the video, before asking the question he answers almost immediately lol....im gonna leave this up as a lesson to all
Yes a little over paid but you can sell off easier and its easier to accumulate if you can't afford 1oz .
1 gram of gold is approximately $57.00. So if you think you could sell these for a bit more. Then buying 1 gram gold is worth it.
I bought 2 one gram gold bars as that is what I could afford but I also buy silver, mostly junk silver.
When the silver goes up a decent amount I sell it and buy Gold.
@@TangibleLife you pay a premium twice, it is very silly
I just buy pre owned from bullion by post
Good idea, you do save a serious amount of premium doing that. I found that as I got more confident stacking Gold, I'm happier buying it in any form to add to the stack. I understand why new stackers prefer branded and sealed.
If you take them out of packaging and try to sell them to dealers they'll probably try to charge you an assaying fee too.
I bought my first 5 grams 😅
Is saving money in gold is better than saving money at bank?
I like to have a bit of both. Put it this way - inflation is at 6.2% in the USA and banks offer hardly any interest on your savings, so you could say its similar to being robbed by the government leaving everything in the bank.
In my opinion they are a waste of time let’s say gold is at $74 for 1 gram you got 5 1 gram bars and that’s $370 dollars you could’ve sent on something bigger
Getting premium back? Where?? All the dealers pay spot.
Well of course, your not going to get anything if you sell when spot price is much lower than the price you paid, but the whole point is your selling it back in the short term, physical Gold should be a long term investment. If you want to take a risk and make something in the short term on the performance of Gold then trade Gold stocks.
Well of course, your not going to get anything if you sell when spot price is much lower than the price you paid, but the whole point is you should NOT be selling it back in the short term, physical Gold should be a long term investment. If you want to take a risk and make something in the short term on the performance of Gold then trade Gold stocks.
Pamp is the best brand
Yes I do like PAMP but if I can pick up others from trusted sources I'm happy too.
Yes kind correct like i usually by pamp but sometimes i ask for perth mint Australia
Perth Mint Australia, can’t go wrong, the government controls them like everything else here
And the most Chinese fakes.
Should I even own gold I personally own a lot of gold
Good for you.. What do you stack mostly?
Iv decided after most of my funds in crypto I mite get some gold.
I don't blame you, never have all your eggs in one basket.
In my town the power and internet went down for a few hours I thought how would I get my crypto .... then thought gold
Are they making fake ones of these yet?
of course
I get it but it I just feel. Like I'm gonna get ripped off
Why?
you will lose
Why are you speaking 🗣️ in a whisper?
Turn your volume up😄
I'm based in the UK btw
Came to this video after a few gold sellers made me feel ashamed for asking for a 1g
Hi, please explain? you went to a shop and asked for 1g gold bar and they were rude?
Do not feel ashamed for this, we are all learning and its freaking gold man! It has value, its low risk, its affordable for a begginer and someone who is workig class like myself and it holds its value!!
50 pounds pounds
£70 for 1g gold x 31 troy gram which is 1oz = £2170..........price if 1 oz bar £1553 u are losing approx £600 buying the smaller gram bars
can someone explain this
yes there is generally a higher production cost on small gold - it costs more to produce a 1g gold bar product than a 1oz hence the premium.