Saving for One Ounce Gold vs Buying Fractional Gold Each Month
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- Опубликовано: 11 фев 2022
- Is it better to save your money and buy a lower premium full ounce sized American Gold Eagle or to buy a fractional AGE each month instead.
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As a gold stacker there's a tradeoff to buying gold at the lowest premium versus buying smaller gold coins but on a more frequent basis. If you are buying gold as a hedge against inflation, it is a great strategy to buy gold consistently over many years, but what size gold should you buy?
I look at ten years of historical gold spot price data and known gold coin prices, to compare whether it is better long term to have a single gold ounce coin each year, or ten smaller 1/10 ounce gold coins each year.
Are you a gold stacker? Do you stack fractional Gold Coins or full ounce gold coins? Do you stack US Mint American Gold Eagles? Other gold bullion?
As a gold stacker (or silver stacker) are you adding more physical ounces of precious metals now, or are you holding, or are you selling?
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Being a stacker is about being independent and about personal responsibility, so it might make sense to not even buy precious metals at this time. Having an emergency cash savings fund is important as well as paying off debt. Only you know your own financial situation.
DISCLAIMER: I am not a financial planner, so this is not financial advice. This is for illustrative and entertainment purposes only. Please conduct your own research prior to investing in gold, silver, or other investments.
Topics discussed in this video include:
Silver Heist, gold, gold stack, gold stacking, gold stacker, gold bullion, 999 fine, 9999 fine, 22k, one ounce gold, American Gold Eagle, AGE, savings, cash, cash savings, gold coin, spot price, premiums, US Mint, gold spot price, diversifying investments, physical gold, all time high gold price, investing in gold, Buying the dip, dollar cost averaging
#goldstacking #goldstacker #goldspot 
Развлечения
(part 2)
Can You Get Back Your Premiums When It’s Time to Sell Your Gold?
ruclips.net/video/7aIllnj0-OE/видео.html
Unsolicited Added Disclaimer: results may vary based on market strength and from LCS to LCS.
I had best luck getting what I ask for on eBay.
@@1cjs4u What's eBay going to look like now that the Fed Bois want to tax all your sales as 100% income, unless you can prove your own purchase cost?
@@Keifsanderson Agreed, I say peer to peer is the way or has been for me
looking forward to the video
With the inflationary conditions we’ve had over the last year my operating philosophy has been to buy what you can when you can. For me that’s been 1/4oz as soon as I have the cash on hand.
that's the reality, buy what you can afford
1/4 is nice!
I put out part two.
Can You Get Back Your Premiums When It’s Time to Sell Your Gold?
ruclips.net/video/7aIllnj0-OE/видео.html
Mine has been diversify as much as I can when I can I don't stop with just 2 pm's
Another reason not to wait is that you may not be alive by the time you save enough for an ounce. Lol
That and the fact that you can sell it much easier if you HAVE to.......
saving for a year to buy 1 coin is really hard, saving to buy 1/10th oz coin per month is easy.
I suggest you take the money out of your checking account and lock it away in an envelope to help you from spending it..you will get more gold for your dollars..
@@MrMoney2511 If prices go up, not necessarily
@@allen_p You are correct
@@allen_p yes i agree, if you have some gold the price going up would be good for what you got, we don't really know which way the market will go..
@Rob Diaz. I just added a new video with buyback prices on 1/10 and full oz.
Can You Get Back Your Premiums When It’s Time to Sell Your Gold?
ruclips.net/video/7aIllnj0-OE/видео.html
Even though I've heard premiums usually remain on fractional gold when selling, gold to me is more about wealth preservation over the long term
so I'm not worried about liquidity so much. So it's 1oz gold (on sale lol). However, silver can be more suitable as a unit of currency or barter in a SHTF
scenario- or otherwise. Plus the affordability factor makes 1oz silver coins or rounds a no-brainer. In other words, buy both, but for separate reasons.
Great details! Thanks for comment.
I just put out part two.
Can You Get Back Your Premiums When It’s Time to Sell Your Gold?
ruclips.net/video/7aIllnj0-OE/видео.html
You forgot to include exit strategy. Here in S. Oregon, the local coin dealer will pay you $1869 for a gold eagle. He will pay you $1909 for 10 1/10th oz gold eagles. That extra $40 closes the gap even further. What clinches it for those of us who are worried about run away inflation, is that with fractionals, you only need to sell as much gold as you need to pay big bills, without having to sit on paper notes that are quickly devaluing. My LCD is good about taking a one ouncer and giving you a fractional AND cash, but you loose a bit due to the premium on the fractional. And who knows if your dealer will do that, or will do it during a economic collapse.....
Part two is in the works! I have some numbers on getting premiums back on fractionals. So thanks for your numbers too and stay tuned! 🔔
@@SilverHeist Can't wait! You always present your info rationally and enjoyably......
Exactly why I buy mostly fractional.
Exit strategy … part two is live.
Can You Get Back Your Premiums When It’s Time to Sell Your Gold?
ruclips.net/video/7aIllnj0-OE/видео.html
Yes, I was thinking of the spread difference as well. Certainly at resale a fractional coin will also yield a bigger premium. So maybe they are close in spread cost. Although, if you don't intend to sell the whole 1 oz coin is much better.
SH You are the Man!!!!!!!! I was one of those people who wondered out loud if saving and buy lower premium gold was a good deal.. I UNDERSTAND THAT PAST PERFORMANCE DOES NOT MATCH FUTURE RESULTS..lol but clearly the data show it trends in the right direction. I like that you listen to us and give us topics we enjoy.. if i knew how to do thumbs up i would lol,
👍 …. I do listen! Thanks for watching and seeing my answer and info so others can make their choices!
Part two is live! ….
Can You Get Back Your Premiums When It’s Time to Sell Your Gold?
ruclips.net/video/7aIllnj0-OE/видео.html
Anecdotal only, but I spoke to two local shops about a week ago. Both give the same buyback rate for Eagles of any size. 1% over spot. Cheers!
Good anecdote and I’ve heard similar from Silver Seeker’s video.
… I’m working on part two. The exit strategy and I have a hard number to put on the table.
Part two is live. …. Your LCS anecdote was part of my thought process. Along with silver seeker. He called two or 3 places who said “same price for big and small gold”.
Can You Get Back Your Premiums When It’s Time to Sell Your Gold?
ruclips.net/video/7aIllnj0-OE/видео.html
American eagles to me gold or silver are examples of raw gov't greed with their premiums, I will give the platinum eagle a break, it has the most badass obverse/revers of all eagles in my opinion, a true mold breaker, as platinum has been so synonymous with
If those shops turn around and charge fat premiums on 1/10th ounces they would never see me or my dollars ever again.
I've gotta say that I appreciate the breakdown. I've personally found that buyers are willing to pay back some of that premium when selling privately. Anyone who doesn't like that can also get some (though less) of the premium back when selling to their LCS. Additionally it's dramatically easier to sell 1/10 ounce gold privately than it is to sell one ounce coins in my experience. Thank you, very informative. I look forward to the follow up!
Thanks QuickSilver …. I found some info too on buyback.
Can You Get Back Your Premiums When It’s Time to Sell Your Gold?
ruclips.net/video/7aIllnj0-OE/видео.html
If you compare based on price, larger sizes will always win. But people who buy fractional coins do it for other reasons, like liquidity, convenient transaction sizes, etc.
This video and all the work you put into it explains perfectly what I've been trying to tell people for years. I would never have had the patience to put this together so thank you for doing it. Also, I would never have thought to compare the luckiest fractional buyer to the unluckiest whole ounce buyer. That was brilliant. Since the likelihood that that scenario is going to play out for anyone is pretty close to zero we can discard it as a probability. But having worked it out as you did it shows people that even if all the stars are aligned with them the extra premium you pay on fractional coins isn't worth it.
I borrowed the lucky vs unluckiest buyer idea from a stock advice video about buying steadily or buying brilliantly.
But in my head I thought there was a chance it made sense to buy steadily. Just in case the full oz guy bought at wrong time of year. But the numbers don’t work out.
But I did find out later that you can get “some” of your fractional premium back on sale. So that closes gap in a different way.
I absolutely love you perspective on metals as well as your content. I hope you're an art teacher . . . You certainly have one creative mind. Thank you for sharing with the community
Thanks Jimmy ! I just added more info by making a new video on buyback prices.
Can You Get Back Your Premiums When It’s Time to Sell Your Gold?
ruclips.net/video/7aIllnj0-OE/видео.html
Silver Heist, fantastic video! I get this question all the time. I'm a data analyst so this really speaks to me. The only thing you should consider including is you will get some of the premium back when you sell, different percentage for each coin. Might be interesting to throw that into these numbers.
Thanks for all that you do!
Just caught your pinned note. Looking forward to it
On it ! 😃
🔔 thanks for watching !!
Part two is out!
Can You Get Back Your Premiums When It’s Time to Sell Your Gold?
ruclips.net/video/7aIllnj0-OE/видео.html
Great comparison. Ive been on the same fence for awhile: full ounce VS 1/4 ounce.
The moral of this story, STACK regardless of density and try not to get too absorbed into the premium. If you set out to STACK long term ANYONE who STACKS will win if they STACK for the long haul.
Thank you Heist!
Time is on everyone’s side. :)
Hi Hoosier… part two is live.
Can You Get Back Your Premiums When It’s Time to Sell Your Gold?
ruclips.net/video/7aIllnj0-OE/видео.html
Nice, the numbers certainly tell a compelling story. Looking forward to the video you mentioned about getting premium back out of those smaller coins in the sell side!
Thanks!
Selling the small coins … new video coming soon!!
Thanks Boris.
Part two is here.
Can You Get Back Your Premiums When It’s Time to Sell Your Gold?
ruclips.net/video/7aIllnj0-OE/видео.html
@@SilverHeist right on!
Silver Heist, an excellent research video on AGE's. Keep up the good work!!! Looking forward to your next segment. 👍
Thanks Dave! I am working on the sequel.
What kind of premiums do you get back when you sell your gold coins?
@@SilverHeist Don't know, I'm still in the accumulation phase. 😀
Sequel is here!!!
Can You Get Back Your Premiums When It’s Time to Sell Your Gold?
ruclips.net/video/7aIllnj0-OE/видео.html
You forgot one thing. If you buy one 1oz coin vs ten 1/10oz coins the amount of gold is... different. 1oz coin ususaly has 31,11-31,15 g of pure gold while ten 1/10oz coins have aproximately 31,4-31,5 g pure gold. So if you buy it 10 years in the row you have 311,1-311,5 g vs 314-315 g. That means you have in fact 1/10 oz of pure gold more in one hundred 1/10 coins than in ten 1oz coins. I found it nice.
Bonus coin! Cool 😎
This is an interesting video. Lots of talk about this topic out there, but nice to see you skin this cat with the historical proofs. Well done!
Thanks VS. The real price data does tell a story differently than what we might think. Still pluses for both fractional and full Oz buyers.
Good stuff, as usual - Thanks SH!
Look forward to the follow up
~AGM
Thanks AGM ! I appreciate your comments and support.
I put out part two as promised. Enjoy!
Can You Get Back Your Premiums When It’s Time to Sell Your Gold?
ruclips.net/video/7aIllnj0-OE/видео.html
Excellent video. I’m looking forward to the next one, as that is exactly what I was wondering as I was watching this video.
Great minds think alike !
Hi T … part two is out. Includes buyback prices.
Can You Get Back Your Premiums When It’s Time to Sell Your Gold?
ruclips.net/video/7aIllnj0-OE/видео.html
Wow. Well done, sir. A great approach for presenting the data. I'm interested to see the conclusion for the ROI. I rate this video with a SMASH!
SMASH … part two is here now.
Can You Get Back Your Premiums When It’s Time to Sell Your Gold?
ruclips.net/video/7aIllnj0-OE/видео.html
Good video Heist, would like to see the same comparison with 1/4 oz and 1/2oz. Thanks
Yeah 1/4 would be great, it’s a nice price point and the coins are big enough to enjoy the design
@@eldanno5970 @Tommy Stacker. I might do the 1/4 and 1/2 soon. I did part two with buyback prices oz and 1/10. Live now.
Can You Get Back Your Premiums When It’s Time to Sell Your Gold?
ruclips.net/video/7aIllnj0-OE/видео.html
I definitely prefer buying 1 oz. coins to any other. Gotta fork over more money at once, but a lower premium makes me feel better about it
That’s a great plan! Keep at it. 🔥👊
Just put out part two.
Can You Get Back Your Premiums When It’s Time to Sell Your Gold?
ruclips.net/video/7aIllnj0-OE/видео.html
Generally I stick to full ounces to get the most gold per dollar. However, there's good reason to own some fractionals as well. If we ever get to the point where we need to use gold for transactions or barter, then it will be good to have increments smaller than ounces.
I hope and plan for some full ounces. The half ozs are my other choice for ‘almost’ being a full oz. Keep stacking.
I just started buying gold fairly recently. I buy the 2.5 gram gold bars and 1 ounce silver bars.
I'm terrible at saving money so for me, the easiest and best way is buying fractional gold. I'm not rich by any means. I'm not even middle class but every week, I buy gold and silver.
Those coins are beautiful by the way.
Keep up the good work.
why isn't the easiest and best way to improve money saving skills
Great Video Heist I love your analytics and your chart work . Thank you Keep up the Great work
Thanks Justin. I have a couple ideas on some follow-up topics. Keep stacking.
Hi Justin. Part two is out!!!
Can You Get Back Your Premiums When It’s Time to Sell Your Gold?
ruclips.net/video/7aIllnj0-OE/видео.html
Gold to hold, silver to trade and barter. The basic discussion us about premiums for fractional gold. Fractions are convenient, but for making change I hold silver.
Video cool! Thanks for doing this analysis, great information to keep in mind.
🔥🦈🌊
Thanks Oceans.
I added even more info by making part two.
Can You Get Back Your Premiums When It’s Time to Sell Your Gold?
ruclips.net/video/7aIllnj0-OE/видео.html
I think just getting your hands on whatever gold you can is a great idea. I have been buying 2.5 gram PAMP bars for a year now, about 1 a month. I get them on Monument Metals and do a wire to them, and you can get them for $17.99 over the spot of gold doing it that way.
WOW, that was a ton of work you put in to this video. Well done! Thanks
Thanks for watching. I like to work with numbers. I just made part two.
Can You Get Back Your Premiums When It’s Time to Sell Your Gold?
ruclips.net/video/7aIllnj0-OE/видео.html
Stumbled upon this. This is a good breakdown and I am sure is still relevent even now. Well presented.
thank you VERY much! This was a fun video to make!
You achieved over-delivery! 😉👍
Now the question is: how many full ounce buyers are also silver stackers versus those of us buying fractional gold who ARE silver stackers❓-I suspect that those in the latter camp like to spread the love among purchasing and stacking a variety of bullion.
Thanks!!!
I just delivered part two.
Can You Get Back Your Premiums When It’s Time to Sell Your Gold?
ruclips.net/video/7aIllnj0-OE/видео.html
Great video, I’m squarely in the fractional camp.
Me, too, buddy! 👍
Fractional rules! Part two is here.
Can You Get Back Your Premiums When It’s Time to Sell Your Gold?
ruclips.net/video/7aIllnj0-OE/видео.html
Excellent work my friend. The numbers are very revealing. Overall, no matter what you do, you will preserve your wealth over that 10 year period. Nicely done research sir!
Nothing succeeds like longevity. Live long and prosper Sal 🖖
💪 new video out SalivateMetal with buyback prices.
Can You Get Back Your Premiums When It’s Time to Sell Your Gold?
ruclips.net/video/7aIllnj0-OE/видео.html
Great comparison! Looking forward to seeing the selling comparison.
Bam. Part two is here!
Can You Get Back Your Premiums When It’s Time to Sell Your Gold?
ruclips.net/video/7aIllnj0-OE/видео.html
I have thought about this since I started fractional monthly purchasing in May 2020 at lowest premiums . I will now start saving for 1 ounce coins 🤗
Good plan. Saving is always productive.
I just made part two.
Can You Get Back Your Premiums When It’s Time to Sell Your Gold?
ruclips.net/video/7aIllnj0-OE/видео.html
so as with any trading / investing DCA is the way to go as per usual, was nice to see the graphics against todays spot price too
Thanks for watching! Slow and steady wins the race.
It would be interesting to compare other coins such as the Canadian maple leaf 1oz against its 1/4 oz piece, giving DCA and your other considerations. Also, as you know gold price over 20 years ago was much cheaper than recent years. Thanks for sharing your thoughts. Best regards.
Thank you! I may come up with other scenarios soon.
I made a part two already.
Can You Get Back Your Premiums When It’s Time to Sell Your Gold?
ruclips.net/video/7aIllnj0-OE/видео.html
As of late I've been cashing in one oz pieces for 10x 1/10ths from Royal Canadian. I think it's an overall better deal and they are inexpensive at about 1900 per ounce. They also have the 1 × 5 1/10th in assay. They are beautiful pieces of gold and easy to resell if you need to
Nice options. 🇨🇦🇨🇦
@@SilverHeist its a win win, Merry Christmas!
Considering fluctuation and circumstance, I'd say get what you can when you can also easier to have "change" early in the game too
Keep stacking, anyway you can!
Would like to see this test on buying a quarter Oz each quarter v 1 Oz per year. Some ppl get paid biweekly. They could use that extra check to buy the quarter.
My goodness, those Gold Eagles are delightful. If all were perfect in the world, then I would purchase only 1 oz AGE’s, but patience is not my virtue, so I currently am on a 1/4 oz plan. Trying to fill one tube with 1/4 oz AGE’s in capsules (20 total). I do have a few 1 oz, a few 1/10 oz, and a 1/2 oz also. Once the 1/4 oz is full (4 short), then I will switch to the 1/10 oz tube, and finally the combination 1 and 1/2 oz tube. It’s definitely a long term goal, but ai will eventually achieve it. After that, it will be whatever is on fire sale at the time. I always try to not only save some money for the purchases, but to take full advantage of my credit card dollars to offset all the premiums.
Great stuff! I am looking for tubes to hold my eagles. Britannia fits diameter but shorter tubes so more achievable to fill.
Part two is here.
Can You Get Back Your Premiums When It’s Time to Sell Your Gold?
ruclips.net/video/7aIllnj0-OE/видео.html
My opinion, based on experience is that EVERYONE should have 10% of their net + debt in SILVER and 5% of their net + debt in gold. The gold in 1 ounce coins of your country(AGE 1oz or 1oz US Mint Buffalos in America for example), the silver, at least 1/2 in ASEs, the other 1/2 in 90%, .999 bars/rounds, etc etc). AFTER one has established this base, then go to the fun and fractional. Collector coins are speculative and to each his own on those but their collectible value should NOT be counted as part of your foundation. Lastly, considering that we truly seem to be entering a long term bull market for gold, I'd stack the 1/10th oz because they are a nice combination of wealth security AND speculation. Gold moves up $100 and an ounce may move up $110, while a 1/10th oz will enjoy that same $10 move, which translates into $200 per oz premium increase, vs the $110 for the oz. Sell 1/10ths privately, because the LCSs aren't going to want to pay you that extra premium that you deserve for buying high and running the risk. Lastly, it will serve one well to STOP thinking about gold/silver in "dollar" terms and understand that your true wealth is measured IN OUNCES, not "dollars", not equities, not crypto. Gold and silver are the ONLY real money on the earth. Everything else comes with counterparty risk and IF YOU DON'T HOLD IT(physical) YOU DON'T OWN IT.
Great insight! Thanks for all the details.
I found some good info on buybacks. Your selling plan sounds very solid.
Can You Get Back Your Premiums When It’s Time to Sell Your Gold?
ruclips.net/video/7aIllnj0-OE/видео.html
100% lol I'm a dragon can't help it
@@SilverHeist All I can say is that I was buying the 1/10 for $140 when gold was $1250 and now w/ gold at $1900 they are worth $225(private sale). So in conclusion, I'm making an $850per ONE OZ increase w/ the 1/10's, where I would have only seen about $750 had I bought one oz at $1300(including premium) and sold it today for $2050. So I guess it's worth it. Thank you for proposing this question I'd never really thought about it deeply and I don't like to pay that premium on 1/10's but in the long run, I'd say that it is worth it. Thanx.
Usually the lowest produced and ence the most likely to have numismatic and premium value is the half ounce, followed by the quarter ounce. Tenth ounces and ounces by a large margin are produced at 60% on ounces, and about 24% on the tenth, Around 6% are halves and 10% are quarters.
Good info. Thanks for watching and commenting.
I made part two.
Can You Get Back Your Premiums When It’s Time to Sell Your Gold?
ruclips.net/video/7aIllnj0-OE/видео.html
Personal my favorite coin and size is MORE!! Truly though I think upon resale you will have a broader sales base with fractional coins especially if it continues to increase in value less will be able to make the whole oz purchase. Preesh the video Dog
New info on the fractionals here in part two!
Can You Get Back Your Premiums When It’s Time to Sell Your Gold?
ruclips.net/video/7aIllnj0-OE/видео.html
Very interesting fact bombs. Being the mutant stacker that I am, you know I usually go a little off the beaten path… Given the right spot price and premium, the 1ozt AGE’s are a no brainer. I have never purchased the smaller ones. I love fractional gold, but my cheapskate blood leads me to foreign gold every time. Obviously my sell price will be a bit lower than the AGE sell price, but not enough to make me change my strategy. Another well thought out number based video. Well done!! Keep on crushing it.🏁🏁✌️🏁🏁
I used have a pile of 20 francs I needed some cash so sold those first, it was a rude awakening here in the states anyways, the LCD wasn't very interested and paid lower than I imagined.
@@silverhustlin1390 I have heard the same thing from several RUclipsrs. This is a case where it pays to know your lcs folks and to know what they’re willing to purchase. I’ll freely admit that many lcs guys won’t even make an offer on them or if they do, the offer will be well below spot. In my area, I can easily sell gold Sovereigns, any of the 20 franc gold coins and other foreign gold. I’ve established a great relationship with my lcs guys and many of my local stackers over several years, so I am able to easily sell foreign gold for over spot. The lesson here is to get to know the local folks that buy gold, but more importantly, find out what they will and will not buy before buying a lot of gold. My situation obviously isn’t the same as yours. Every lcs is different and selling peer to peer is always different. Granted, my situation is much more rare than most stackers, but it is what it is. The fact that I’ve been doing this in the same area for over 20 years gives me an advantage over most stackers. I’ve had plenty of time to really get to know my local guys.✌️
Bam 💥 part two fact bombs away.
Can You Get Back Your Premiums When It’s Time to Sell Your Gold?
ruclips.net/video/7aIllnj0-OE/видео.html
Subscribed! Your video us exactly what has been on my mind
Thanks for the sub. I have some follow ups along the same line in mind. Coming soon.
@@SilverHeist do you have any videos on pre 1964 constitutional dimes as inflation investments?
@@vazz22 not specifically. But I do have dimes (and quarters).
@@SilverHeist Thanks... I'll check them out!
Part two on hold eagles is here. Buyback prices.
Can You Get Back Your Premiums When It’s Time to Sell Your Gold?
ruclips.net/video/7aIllnj0-OE/видео.html
Keep on Truckin in the free world !!!
Let’s go! 🇨🇦🛻🛻🇺🇸
Great insight. It would be interesting to see a comparison with the 1/4 oz. afaik, it is the fractional coin with the lowest premium, comparable to silver.
Good idea. I will try and compare the 1/4 someday soon. I have a few others already in the works.
Lobo, I made part two on buybacks.
I might tackle 1/4 and halves together soon.
Can You Get Back Your Premiums When It’s Time to Sell Your Gold?
ruclips.net/video/7aIllnj0-OE/видео.html
Great video, thanks!
My pleasure! Thanks for watching.
Awesome video Heist! I watched it twice.
Thank you! That is high praise ! :)
I just made part two! One view will be great!!!! 👍😎
Can You Get Back Your Premiums When It’s Time to Sell Your Gold?
ruclips.net/video/7aIllnj0-OE/видео.html
I only have 1oz coins. Only 3 of them. But you can't beat 4/5% premium right now which I paid for.
Although, I will be buying a 1/4oz every month now because I think it's best to have both and an easy way to incrementally increase physical savings.
Great accomplishments.
I just put out part two.
Can You Get Back Your Premiums When It’s Time to Sell Your Gold?
ruclips.net/video/7aIllnj0-OE/видео.html
As a new metals buyer I really appreciate this. Thanks!
Thanks for watching and best wishes!
You should compare the premium paid to the premium returned: you might save initially buying a 1 oz coin, but lose half of your premium selling to a dealer VS paying more premium on the tenth oz buy recovering 100% of it from a larger pool of buyers.
That’s a good idea.
This was a similar take but a little different angle.
Can You Get Your Premiums Back, When It’s Time to Sell Your Gold?
ruclips.net/video/7aIllnj0-OE/видео.html
Just looking at one particular on-line seller, and they charge $93.99 premium for a 1oz gold eagle, $319.90 premium for 10 1/10oz gold eagles. For me, I’m getting the 1oz without question. I’m also waiting for gold to dip in price again ($1800) then buy more 1oz eagles.
Buying bigger pieces does have serious benefits. So keep working your plan 👍
I just made a part two that looks at buyback prices.
Can You Get Back Your Premiums When It’s Time to Sell Your Gold?
ruclips.net/video/7aIllnj0-OE/видео.html
Great info, thanks!!
Thanks for watching!
Aside from the premiums, You're basically experiencing the factor of "Dollar Cost Averaging". Both ways require paying attention to the markets. It's where you buy it is my mantra. I buy both when I can!
Dollar cost averaging is the best plan I have for me. I know others may be able to do better, but I mostly dollar cost average with some modest moving of purchases by a week or so, if prices look favorable.
@@SilverHeist As your experiment has shown, long term holdings are usually favorable. That's a lesson we should all be reminded of from time to time. I hear more often "I wish I still had what I bought" than I hear "I am glad I sold it" regarding people and their Gold and precious metal buying. Thanks for posting this!
Interesting topic! I’d be curious to see the results distributed by year. I’m guessing the difference between the full ounce and the 10th oz would be even wider on a shorter time frame.
You should also take into account sales tax on the fractionals if you live in a state like NY, like I do. That adds an additional 8.75% to your cost.
* taxes not taken into account
Great point. I planned to mention that I was not considering sales taxes or VAT or anything tax related. But then I forgot!
I do need to pay taxes unless it is over $1000 here, so it complicates my fractional buys. Looking to find a few reliable peer to peer sources on Instagram or other workaround is hitting the $1000 by buying something else.
That’s an excellent point. The tax implications was one of the first things I looked at. When I lived in California, you would be taxed on silver eagles if you bought less than $1500 dollars worth. It was considered a hobby instead of an investment. All these expenses, along with the premium certainly add up quickly.
There are always ways round it Lovie. LIke group buys, to get you over the $1000 threshold.
Hi Button! Part two is live
(* taxes not included - got a mention).
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Very cool analysis, thanks
Thanks! Find what works for you and keep stacking.
With a little luck and dollar cost average one can do alright buying fractional.
It also helps to shop around.
Shopping around gets a mention in part two. Part two is here.
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Always cool stuff.
Thank you Heist!
Thanks for watching! Appreciate it! :)
Hi there! I made part two as promised in part one. This one considers buyback prices.
Can You Get Back Your Premiums When It’s Time to Sell Your Gold?
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This is interesting research and thanks for making the video! However, this only pertains to gold eagles. If a person wants to buy fractional gold there are other coins that can be had for much lower premiums than the 1/10 ounce gold eagles. For instance, for the last 3 years I have been buying 20 gold coins from France, Belgium, and Switzerland. They can be had for about 8% above spot price which is about what the premium is for a 1 ounce gold eagle. The 1/10 ounce gold eagles are running at about 16% premium.
Yes, premiums came be lower for I her choices. The smaller the spread between full oz and fractional, the less of an impact there is to the choice.
Keep stacking.
Good advice on other fractionals. I just made part two. My 20% is a conservative premium. It is trending better. Your 16% is a good number.
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Their resale will be less though.
Also remember when selling on ebay that sales are federally taxed, so whatever tax bracket you are in your will have to pay at tax time.
Great comparison, thanks for it!
Thanks for watching part one.
I have a new comparison out now.
Can You Get Back Your Premiums When It’s Time to Sell Your Gold?
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Fractional appeals to people who like many shinys and lack self control (like myself 😅) and want new shinys more frequently lol
Shiny and often Is good! 🌟
Part two is here!
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You have to factor in such a thing as liquidity in a dire economic situation. It will be much more convenient and safe to sell small amounts of gold from time to time to sustain your living during the period of high inflation, than to do the same with the large amounts. You definitely don't want to sell an ounce right now just to see, that the money you've received for it became twice cheaper in a course of a couple of days. You'll also not want to risk bringing a large amount of gold with you to some shady pawn shop or bank during such times. You'll have to go to shady ones to get at least somewhat decent price, as normally governments during economic hardships like to ban all private dealings in precious metals and then to establish atrociously low official purchase prices. I was a student during a period of hyperinflation in my country and I was a millionaire ;) 2,5 mln of my official student's subsistence allowance in the local currency were enough to buy a bottle of locally produced wine and two packs of cigarettes, so I know what I'm talking about :) I believe it's better to have both big and fractional coins, balancing the need to save more on purchase with the possibility to spend your savings in a convenient way in case of some serious socio-economic problems. And have some silver too - about 10 kg of mostly 87.5% silver kitchen utensils, accumulated over the years of the relative economic stability by my family with no intent to "hoard" or "stack" precious metals, helped me and my parents to survive during the worst time before the economic situation improved a bit and I got employed and started getting some stable income.
Thanks for detailed information on your experiences.
I made part two with some added info.
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Big gold make big target lol
One argument for selling fractional gold in one once increments is: depending upon where you are and what your choices are to liquidate you may actually get paid more for the fractional than of liquidating a one ounce coin. The person buying realize that they can tack on a nice premium when they sell them. Of coarse I’m not saying every place would do this, I have seen it personally though, they were more willing to pay spot or a little more with fractional. Always call multiple places to see what they offer!
That’s going to be the topic of a future video real soon! I have a good source to demonstrate what you *could* get on a fractional gold sale.
Thanks for the info also.
@@SilverHeist That is awesome, I look forward to it. You always have great content.
Good advice. Shop around when selling. I just made part two.
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If the sole purpose is just stacking than cost will be a bit higher, with my personal experience, emergencies occur too often to save up.1800 in a timely manner
The non-emergency spending also can cut into the savings plan.
The premiums always remain on fractional gold and they are far more liquid too. Those are a couple of reasons the bulk of my gold stack is fractional. In fact I only have 3 coins that are an ounce or more. I appreciate your research on the data you showed.
Well said CCT!! I can say the same thing👊✌️
2 ,50 pesos and 1 Buffalo 👍✌️
@@jennc8554 Correct😁
1/20 RCM gold maples are always in demand, they sell out all the time; LCS will pay good coin for them especially if you show up with a dozen of them. they're in and out and everyone makes something
Part two is live. Thanks for Walmart one.
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The way gold is going to be going up I buy some of these some of those I mix.
Yes thanks for the information 👍
It’s nice to own a mix of sizes! 👍
Interesting video nicely done. Some ideas... At 4.30 comparing the unluckiest 1 oz buyer vs the luckiest tenth oz is sliiiiightly biased no? 😂
What about the luckiest 1 oz buyer? Although I see the point you're trying to make
Aside from the actual dollar cost I can see how for some they are still going to be better off buying fractional regular as it will actually keep them motivated and on track in the habit of buying gold rather than saving most of the year then blowing the money on something that came up or an impulse purchase for eg.
Also when it comes to sell I just don't see any 2nd hand market sales of fractional tenths getting the same prices as typical dealers so there's a bit of premium usually lost (and nearly all of it if selling to a dealer). I do love fractional gold but too expensive compared to bigger pieces aside from sovs here in the UK
All good points. I would have sworn that under certain conditions an unlucky oz buyer would be best by average fractional buyer. But I was surprised it took perfect luck on fractional to catch the unlucky oz.
I just made part two.
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Excellent video. I think the overall message is to buy gold when you can because it does better than fiat in the long-term.
BINGO! Keep stacking.
Part two is here. !!!
Can You Get Back Your Premiums When It’s Time to Sell Your Gold?
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I think you are better off going with fractionals if you are buying gold. First, not a lot of people can afford to buy the 1 oz. Gold is not cheap, it's expensive. Second, if you want to acquire gold fast fraxtionals are the best way to go about it. It's easier to liquidate fractionals when you sell. Some people say the 1 oz is better because of the lower premium but when you buy you are looking at the overall price + the premium and the overall price for fractionals is less than the 1 oz.
Hi Gold Maple. Thanks for commenting on liquidity.
I just made part two.
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Good video. I pretty much buy what I can afford with my disposable income. If that just means a 10th ounce than that's it. If I want a gold Buffalo I just save up for a few weeks. Which will be my next buy.
The fractionals are working for a lot of people.
Just made part two on buyback prices.
Can You Get Back Your Premiums When It’s Time to Sell Your Gold?
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@@SilverHeist good vid.
I used to be obsessed with premiums but I just buy whatever I can afford to get every ~2 weeks or so at this point which is either 5 grams bar or 1/10 oz coin. If I lose a bunch of money on the premiums so be it. I'm not investing my life savings in gold, it's mostly just for fun anyway.
Good attitude. Listen to the Dr !
I appreciate the UPMA gold dollar, silver dollar and goldback savings accounts offered by Alpine Gold. They peg your paper to metals unlike the bank plus they offer 0% buying spreads unlike your LCS.
Edit: 0% buy/sell spreads
Interesting. I don’t know anything about that system yet.
I created a part two.
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@@SilverHeist This is the first paragraph on the alpine gold website:
Normally, when you go into a coin store and purchase $5,000 worth of silver coins they may only be sold back to the store for $4,400 the instant you walk out the door. When metals are purchased through your UPMA account at Alpine Gold you keep your whole $5,000 value. If the price goes up 1% then your account would be worth $5,050. Members may sell back at the same retail price that Alpine Gold uses on a daily basis when gold, Goldbacks, or silver are purchased and vaulted here. Alpine Gold is proud to offer the most liquid precious metals accounts in the world through the UPMA.
@@SilverHeist I only have a goldback account which is completely free. The gold and silver accounts have fees that I didn’t want to navigate. I am new to stacking and don’t have much gold and silver yet anyway.
@@MitchellCH I am not familiar with that company or the operation. There are certain inefficiencies to having physical possession of gold coins in general. But there are other risks in letting someone else hold yours.
There may be information here and elsewhere to help you navigate the gold world. Thanks for watching and commenting
In my experience with fractional gold coins, if you sell peer to peer or on FB marketplace you get most of your premium back when you sell. When you go to sell to your LCS you only get 2 percent over spot if it's an eagle, so I would not go that route unless it was an emergency and I needed the cash cuz someone had a gun to my head or something
Peer to peer sounds better! 👍
Very interesting video.
Glad you enjoyed it
I made my first unlucky 1oz purchase last year. This video took the stress away lol
Glad I could help! 😃. Keep stacking, stress-FREE
Hi! I just made part two to keep the info flowing. New numbers.
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Buy 90% US Silver coins WHILE saving to buy 1 oz. Gold bullion coins; that way you have "fractional" coins (which don't have higher premiums like fractional
Gold coins) AND you're getting 1 oz. Gold coins which is the best value. This plan gives you the best balance and functionality. I have a lot of money, and
I buy 90% Silver at the same time I buy 1 oz. Gold Maples. I've bought 1,200 ozs. of 90% Silver and 24 -1 oz. Gold Maples in the last month, adding to
my previously purchased Gold/Silver - YES.
Excellent stacking!
A subscriber and a thumbs up. Question. As many might justify with an excuse by saying - I will wait for the price of gold to drop and then buy - someone buying today but going back a few years with price drops how much or how bad might a price drop of gold actually be? Me, I can only relate fractional gold to be like going to a store and buying a snack or a chocolate bar and paying with a $ 100.00 bill.
I’m not sure how to “test” if you wait, the price may or may not improve.
I think I can come up with a different but maybe simpler scenario … if you want to sell in 2021:
1) bought 2020
2) bought 2019 and 2020
3) bought 2018, 2019, 2020
I could make a simpler story Of “wait x years to sell, and price has appreciated”.
Hi Brian … I took the next step in part two to look at buyback prices.
Can You Get Back Your Premiums When It’s Time to Sell Your Gold?
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Only downside to trying to save for one oz of gold is a lot of Americans suck at saving money. Especially that much. If you can buy an oz straight out then that's good. But most that can't do that are gonna go 1/10oz because once bought it can't be spent unless you go to a coin shop. And folks like me don't have a coin shop close to me so it works out perfect. Better than money in tha bank. Premium is crap on 1/10 yes, but an oz is an oz when you get ready to sell.
Anyways that is my two cents worth. Enjoy your break downs brother. Full view, sub, thumbs up brother. Cheers.
It all makes sense to me! An ounce is as ounce!
that makes no sense to me
1. how can people who cant afford to buy an ounce afford not just one, but ten high premiums?
2. we all know that the price of gold goes up. if you buy a drop at a time, you will be paying for what gold has gone up to in 10 months instead of today's lower price.
@@SilverHeist an ounce is a an once for sure, but some ounces cost more than other ounces
@@DrSchor it's the same logic if one tries to save for an ounce of gold, by the time the average person can save up for a whole ounce coin it has either went up or went down. And a lot of Average gold buyers are living in 30k to 60k a year. With the lucky ones making 100k. Throw in tha car note, mortgage, credit card bills, two children and they are lucky to be making 15k a year after expenses. So 2300 dollars is a lot. At one time.
I will say this, buying now probably doesn't make sense till gold goes back under 2000. But is it gonna go back below 2000? I don't see it doing that with the economy where it's at. If you can see it hitting 3000 dollars by 2025 the premium we pay for 1\10 oz right now will be gone. And inflation doesn't show any signs of letting up anytime soon.
But yeah, if ya can afford to save 2300 dollars for an Oz it's the best way. But as long as that cash is sitting in someone's house there will always be that itch to spend it on something.
My opinion is buy 1oz silver rounds as you can then when you have enough silver to trade it for 1 oz of gold you do. That way you don't have to pay huge premiums and you can hold precious metals while you save up for larger gold coins.
That sounds like a good strategy. Many paths to the destination.
you dont have to pay huge premiums, sure, you are paying double premiums, once for silver, once for gold
Interesting information, sir! Thank-you!
You’re very welcome!
Hi William ! More interesting information here in part two.
Can You Get Back Your Premiums When It’s Time to Sell Your Gold?
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Always a good video by Mr Heist
Thanks Italian G! I appreciate your comments and support.
I was able to make the part two.
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The one issue that makes buying more gold sooner is the rate of increase of the national debt. That to me makes it even better to buy more immediately.
Ooh the debt is moving soooo fast. Keep stacking
I put out part two.
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Many of us are not rich folks. Most of us at best can buy fractional gold probably every year. Silver on the other hand, many of us can afford to buy monthly.
Silver is an option too. We can all stack at our own pace.
Thanks for this analysis
You’re very welcome!
Nelson, I just made part two !
Can You Get Back Your Premiums When It’s Time to Sell Your Gold?
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Excellent analysis
Thanks! Glad you liked it.
Great video
Thanks BigRed ! 🇨🇦
Perhaps it's better to have 1/10th Gold coin now & buy one each month or every other month until you have 1oz total in gold coins than saving to buy one 1oz Gold coin after 1 year of saving. May not even be alive 1 year later to finally buy one 1oz coin. Maybe first time buyers should start with 1/10th gold coins and once all ten are in your hands, then proceed to buy one 1oz gold coin. Diversify to buy all other precious metals such as silver, platinum etc.
Pretty good idea!
I believe 1oz purchases are best but not everyone can save like that . Plus market fluctuations so it may be butter to buy when you can . Just my opinion
1 oz are a great way to go. I tend to buy in smaller bites.
Part two is here
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Great video👍
Thanks thousandaire ! 👍👍
I just made part two to check out buyback prices.
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An even better option than coins are gold bars. Fractional bars are less expensive than fractional coins by a few hundred dollars. So if you wanted to acquire gold quickly, bars are the best way to go about it. When you sell, the minimum you can get is close to the gold spot price, whatever it is at that time.
It's my understanding that gold bars are more difficult to sell privately. At least one LCS close to me pays a good bit under spot for them compared to coins.
@@TheQuickSilver101 Me too, they like American gold.....PERIOD
Thanks for tip on the bars. I am partial to coins but I have a Britannia gram. 🇬🇧
Whatever makes sense to your stack and lifestyle is the way to go.
Personal choice! 🇺🇸
Maurice, I added more info to part two.
Can You Get Back Your Premiums When It’s Time to Sell Your Gold?
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Nice analysis
Thanks Aaron. I had another question do I researched a bit and made part two.
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In my opinion do both. Everyone should be able to buy 4oz of gold every year. Buy a full ounce coin, 2 half ounce coins, 4 quarter ounce coins, and 10 one tenth ounce coins. Most should be able to spread that out through the year. Fractional should be easier and quicker to sell if needed. And if the spot price continues to rise as it has the last 20 years the higher premiums you have paid should be covered. Plus also factor in that if the spot price rises to 3000, 4000 plus you might not be able to sell those full ounce coins in a hurry if there is an urgent need for money.
Good plan! I like the blend of sizes. And the consistency!
I just got physical gold at spot price !
ruclips.net/video/_Bi7wi87SFk/видео.htmlsi=bk20ucVF50UqcbeN
@@SilverHeist Am in the UK so that offer is no good to me.
@@daviniarobbins9298cheers! 🇬🇧
it is not possible for gold to go to 4K unless there are plenty of people willing to pay that; so you can sell your gold no matter how high the price goes.
please supply your data sources. how did you conclude that "most" people can spend 10k per year on gold?
and remember 1 ounce is already fractional: it is a 1/32 of the international standard size, a kilo. it is foolish to get even more fractional than that small fraction.
i live in Germany and we went from a ID free buying limit of 20k €, down to a 2k limit..which means i am allowed to buy/sell investment gold (purity above 900) for 2000eur ( basically 1 ounce) without showing any ID or filling out any forms..it´s like buying bread..
and since we dont know how things may progress in the future i like to stick to fractional coins..we may get a lower anonymous buying/selling limit than 2k..maybe only half an ounce or less..
Things are changing. Stay anonymous and keep stacking.
Hi ! I just made part two to keep the information flowing.
Can You Get Back Your Premiums When It’s Time to Sell Your Gold?
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Sorry im bad with math,whats one calculation to use for fractionals and see the premiums they charging? I want to get a 1/10 kookaburra i saw(i use kitco app to see price) is there a better site?
For 1/10.
Price x 10 = price for one oz.
Price for one oz / spot prices per Oz = %
You could check kookaburra at hero bullion or sd bullion as options.
Great video. My experience tells me that the very people who say they can only afford 1/10s are the same people who can't afford to piss away money on the ridiculous premiums that come with those 1/10s. Bottom line: save and buy full ounces.
Good advice on discipline.
I just put out part two.
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Did premiums from a decade ago matter today, only if you've departed from your stack if not the spot ate it
@@spfein Yes, they mattered. They always matter. Just because spot overrode your premiums doesn't mean anything. Whatever position you're in now would have been better if your purchase premiums been lower.
@@Keifsanderson not if you don't plan on selling at all
@@spfein So let's say you NEVER sell. Then why did you buy?
The 1/10oz are just too small for my taste. 1/4oz is the smallest for me.
Makes a lot of sense. 1 oz with 1/4 as plan B.