Is Vintage Silver and Gold BETTER to Stack Than Brilliant Uncirculated? | Exchange Podcast | EP. 36
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- Опубликовано: 18 окт 2024
- Is Vintage Silver and Gold BETTER to Stack Than Brilliant Uncirculated discusses which type of silver and gold is better to stack. In this episode, we look at the differences of gold and silver in terms of price and resale and discuss which is better to buy overall.
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Opine, Silver is silver, vintage or new makes no difference, unless oneself is an ardent numismatic collector, who desires to collect something unique and also not so commonly available. Otherwise, do not stack those rather high premium and rather expensive numismatic and specially minted coins and bullion bars.
I am more a Coin Collector than a Stacker, well... what I stack is Constitutional/Junk, and graded U.S. Silver. I do have several Maple Leafs and American Silver Eagles, more than other bullion.
I just wanted to share a few things that were not brought up in this video clip:
* Stackers/Collectors have come into a problem with older Maple Leafs, and that is Milk Spots. It may be that these coins in plastic like this do not have any Milk Spot, since they are more protected from the environment. This is a beautiful design! I have several of these Maple Leafs, I have more Graded American Silver Eagles than these. Just make sure you check the pictures well of what you are purchasing.
* The elephant in the room...LOL! We like Queen Elizabeth better than prick King Charles! It doesn't matter to me which Queen Elizabeth I get; I have younger and older of the Queen. Just to let people know, I like both the Reverse designs on the American Silver Eagle.
Wow! That Alien Computer made my hairs stand up, sort of scary...LOL!
Some of the Vintage is neat to own. Not so much with standard bullion, like various years Britannia, ASEs, Krugerand, Phil’s or Maples. But the different Pandas, Kookaburra, or coins that changes its design each year can be fun to collect.
VT247
I do believe the 1986 Eagles I bought, at $10 each at the time, hold a little bit more value because of the limited production. I also bought a 1986 gold eagle for $450 at the time and have since traded it For Maple leafs.
I just bought couple 1983 Engelhard’s Rounds Big E logo for $1.00 over Spot. I didn’t realize they have some premiums especially 1983. I probably just got Lucky, but always picking up Tons of Silver weight each Week at my Local Coin Shop. My Coin Dealer always tells me if he gets Vintage rounds or bars he is the best in the Central Coast. 🥈🥈🥈
I love vintage gold and silver
Gotta love those branded shirts, boys be reppin' them brands... Also, are we sure this is the real Andrew, something seems.... off, LOL. #NoTanLinesAndrew Love ya Stormy... 👍🐸
❤️
Investing in gold and silver sounds like a smart choice, especially given the current market uncertainty.
Those older Maples in the plastic sheets were very common.
Hard to believe an internet expert had never heard of them.
Gold Buffalos use to come in a plastic sleeve, also.
Good educational video.
I’m not an “internet expert”.
@@EmpirePreciousMetals ... Perhaps the Internet expert term was too strong. No offense meant.
I do respect the fellow with the shaved head and his expertise, and metals savvy.
My thought was directed at the guy with nice hair, and probably not influenced by hair envy.
Haha.
Bullion needs to be brilliant. Vintage ex. Morgans can be culls and I still like them better than tarnished bullion. Also, bullion is not in limited supply. Vintage is. :) Crazy markets. Nice to see the coverage, thankyou.
@@jsmythib bro you know where I can find some info on the laws regarding the legality of vintage gold transactions? Trying to figure out an end game
@@ashtongaeta2581 Vintage gold and silver are legal tender at face value only. End game? Be as self contained and buffered as possible.
@@jsmythib no I get it. i don’t expect to make a profit. But with the way the government has been I fear some form of confiscation is inevitable. Which is where I find myself asking this question. Should I stack pre 33/ vintage gold? Or should I stick with the IRA approved stuff like bars and coins?
@@ashtongaeta2581 I cant answer that.I am not familiar with the IRA tax specifics. I assume the IRA has a shallow limit? A few K? Maybe overflow into pre 33 or legal tender gold coins. Seek pro-help :) Some variables about you, your current value, and potential might play a role in what you should do. I always recommend 12 gold eagles, in a glass jar, buried outside under an X as the best place to start. But thats me.
Regarding 1:20, American Gold Buffalo bullion coins used to come packaged 20 coins individually sealed as squares in plastic sheets from 2006 until 2015. The next generation of packaging had the 20 gold coins fit into a plastic tube. The earlier problem with the plastic sheets was that they could be difficult stuffing them into a small size safe deposit box. Otherwise people would cut out square sealed sections containing individual coins.
Investing in gold and silver seems like a good move, especially with the current market uncertainty.
Throw one of those sheets on your site Andrew so I can buy a sheet.
I didnt have the time this week. All of it was sold wholesale. Anything available for sale is on my website.
BayshoreBullionExchange.com/shop
I like specific serial numbers. But its a personal preference.
Also family isnt always trust wortht. Trust. And honesty are essential traits.
Great podcast Andrew and Matt have a great week 👍
Thanks! You too!
Thanks for watching. Have a great week.
Regarding 1:00, the "Long Neck Liz" obverse of Canadian coins is officially known as the third effigy of Queen Elizabeth II which was created by Canadian sculptor Dora de Pédery‑Hunt and was used from 1990 to 2003. This third effigy was a departure for the Royal Canadian Mint which had previously used effigies of Queen Elizabeth II from the Royal Mint created by British sculptors. From 1985 through 1997, the Royal Mint used their own third effigy of Queen Elizabeth II created by British sculptor Raphael Maklouf. Coincidentally the effigy of Queen Elizabeth II created by Dora de Pédery‑Hunt very closely resembles the effigy of Queen Elizabeth II created by Raphael Maklouf.
Regarding 5:40, on July 10, 2018, the United States Treasury Bureau of Engraving & Printing was selling "Lucky Panda $2 Bill" sets for an outrageous $12.88 each. The gift package included a $2 bill with serial number beginning with "888" in a decorative red & gold color folder with a cute black & white panda on the front. These sets were targeted towards Asian customers, because the number 8 is considered to be good luck.
Sweet Baby Jesus! I'm old, don't have long and need to be entertained. Melt something, tell stories, argue, fight or something better than LongNeck Liz coins ...😂. Anyway you still get 👍 from me and I thank you both for your time and for the video. Oh Yeah, 5,231 views in 16 hours is not too bad. 👍👍👍 Life is good....God Bless
Appreciate you Hoff!
I enjoyed your podcast guys. Very interesting. Best on youtube!! Keep up the good work!! Take Care.
Thanks so much!
Theoretically family won't mess you over, just ask Tony Soprano. I'd show Andrew a tube of 1 ozt gold buffaloes for my interview. He'd either think I have no reason to steal, or that I'm really good at stealing. 🤣
Vintage gold and silver coins are numismatic since they’re more harder to find in mint state and XF grades because most of them were circulated and melted down over the years. They go up in value overtime compared to modern bullion since bullion is mostly based on the live spot price
As always I really enjoy the common sense of both of you! Andrew I was finally able to stop and look at your website! Good prices! I looked at the generic 5oz Buffalo Silver Bar, the price even with spot @ 28.00 your bar is $29.14 a oz $142.73 for a 5oz Buffalo Bar$$$ I enjoy to shows !
Awesome, thank you!
Is vintage gold better than bullion? What would be the difference in terms of end game goals if you had one stacker who only stacked vintage gold and the other who stacked gold bullion.
If I recall in the past those 10 sheet maples were sold at Scotiabank when they did pm sales. It was just a regular order for people who didn't do a tube. It was easier to deliver than tubes. Due to shipping cost.
Much cooler looking too.
When you go to sell it an oz is an oz
I don't know , I was watching a crime show last night and the wife killed the husband over 7,000 bucks !
😂
You guys didn't forget what you were talking about this week.
Congratulations 😀
Lol
2008 gold fractionals , they are 8X the price of fractional gold bullion.
Only the gold buffalos, the fractional eagles are same as current years..
'95 '96 and '97 maples are the least minted years
Bought 3 sheets of them they were in brilliant condition 🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸👍
Some vintage bullion is interesting and some will bring a premium like old Engelhard bars. Most of it is just bullion like any other. I personally dislike the design on the new silver Eagles so I haven't bought any. There's hundreds of millions of ounces that were produced before the new design so there's still plenty to pick from if I want more Eagles. The only time they end up selling for much more is low production years like 1996 for Eagles and 1997 for Maples. Thanks!
Rare pre 1933 gold numismatics are more valuable then bullion. Silver too. Especially in mint condition, highly sought after coins.
I hope you include silver World coins.
Everyone collects differently... I love the beauty of the designs on coins. I much prefer the coins showing Queen Elizabeth wearing her crown. I avoid all the coins where the Queen has no crown... I don't buy any coins with the fake King Charles on them. This means now I won't complete the Perth Mint Dragon coins series... Not quite sure yet on that one. Maples are not my favorites, but I have a lot of them. I prefer pre 1933 gold.
Fake King Charles?
Okay, not trying to be controversial here, but on the spot price changing. The spot price is on paper silver and gold not necessarily on tangible silver and gold. If you are selling for 30 today, and the spot price goes up tomorrow and you don't change it, you aren't "losing" money, you just aren't making more if you change it. Your profit should be based on an average cost, not current cost, right? Just like any commodity. That's one thing I hate about selling OSB board. Today it costs 8 bucks, so you buy a ton at 8, in 3 weeks it can cost 17 bucks, so of course you take your selling price up accordingly, and you make a crap ton on this side. But then in 2 months, you have sold all your 8 dollar osb, and you have had to buy at 17, so now your average cost is somewhere around 12 let's say, depending on volume. The cost price then drops to 10, and you drop your sell price also, (although a bit slower than going up on the front side) and technically you are losing your tail, but not really. You average costs are still lower than the high and the margin you made on the front side, (USUALLY), is much more then the size of the loss on the back side as it's going down.
Isn't this basically what is going on with the metals spot pricing?
I've started to buy the bullion pieces from my birth year. It's keeping my intetests peaked.
If you can get the backdated 🍁 for a good $ then they're just as good as the '24's to me. I like the queen Elizabeth rcm's more than i do the king Charles, but that's just my personal preference as i own both. The earlier year maple leafs have more of a shiny proof-like quality that are a bit different than the modern version as well. I look at like to each their own as they're all 31.1 grams of 4 9's fine!
I get maples for .4 over spot right now.
@@EmpirePreciousMetals you got me beat! Best I can do is $2.5 over spot & I thought I was getting a heck of a deal! Now that's retail & you're on dealer, but all in all premiums are lower now than they were earlier in the year when spot was around $23 so it's actually a good time to be acquiring. Thanks for the time stormy, I appreciate you & Andrew 🤝
Damn Andrew you’re almost BLACK . 😂soon people gonna be say WHATS UP MY NINJA😅
❤ Sound advice
I've been thinking much more recently, I enjoy buying world gold for the low premium prices, and this past year have come to realize if I sell them to a dealer even though the world gold coins are BU condition, they'll likely be scrapped for melt. Makes me think I should just buy the scruffy, scratched, VF condition gold coins rather than paying extra for BU condition. Same with pre-33 gold, if I were thinking of buying a raw AU pre-33 coin, would it actually just be better to go with the ex-jewelry grade coin for the absolute lowest cost? Because the dealer down the road will likely just melt the AU coin the same as the ex-jewelry coin?
and dang, I just looked at Andrew's website, if I hadn't just picked up a liberty double-eagle last week, I would totally grab one listed on his website, I need more income, that is a very good price!!
They come from the mint in that package. People will pay more in those.
I’m a business owner going on forty years and I was wondering how long will it be before you dealers realize that you folks are paying way too much for walk in PMs, of course certain types I would pay more, but If it was me I would only consider paying half of spot for generic silver and gold. I learned along time ago that being in the antique and collectible business that what is hot today is cold tomorrow and I don’t have to have it all. What’s wrong with being picky.
Offering half of spot for gold and silver generic you don’t have to worry. Nobody is going to sell you any.
@@BayshoreBullion times are changing and what do you think is going to happen to these mom and pop stores when sellers stop buying as in the previous months, you better get used to it because not all silver is created equal and it seems there is a new trend going on with the stackers. Think about it, how much is enough and haven’t you noticed buyers of PMs are getting smarter.
@@BayshoreBullion yes and pawn shops do it everyday, times are definitely changing.
@@BayshoreBullion I’m in Norfolk Va. along the bay and where are you located.
@@BayshoreBullion
Exactly.
Wouldnt a sheet of 1997’s have a major premium due to low mintage?
I hate it when people mix numismatics with silver stacking. I love both segments, but they need to be seperate.... Stacking is for wealth storage. Numismatics is for want of cool stuff. The closest it should get is pre 1933 gold which has it's foot in both worlds.
😁
Is vintage gold better than bullion? What would be the difference in terms of end game goals if you had one stacker who only stacked vintage and the other who stacked bullion?
What is Andrew’s website please
BayshoreBullionExchange.com/shop
Kinda clueless about paper money stormy.
What do you mean?
👍👍😊✌️✌️
What do you pay for $1.00 face 90% at $28 per oz ? Cash is trash haha
lol stormy
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