I absolutely love these videos and totally agree with you that the dollar cost averaging has helped me get an ounce cheaper than if I would have waited and saved the money for the 1 oz while the price was going up🎉
3:08 very pleased you’ve decided to continue till you have a whole oz as it will be interesting to see what the total comes to and what the total of a 1oz gold coin is at the same time you finish getting all 31
@WorldMoneyWins I worked out how much I paid for an oz in 1g gold bars but I didn't buy 1 a month like you have been. I'll share the video on my community tab, it's very interesting to see how much gold has gone up since then
I have been stacking 1/10 gold eagles . Buying one every month for a year. The price of gold has been going up the whole year. Has been working for me . I shop a local coin shop , for a long time. I get the regular customer discount. Factional gold is better than no gold. Take care.
Im all in for fractional gold! Great video buddy! Lately, I've been buying 1 gram bars. Grt some silver and get me a 1 gram bar. Its nice to continue to add gold. Even if its a 1 gram bar. Im actually happy about it. Happy Stacking everyone!
I heard you can fit 1/10th coins in the Summit box. I thought that was why you opened the eagle. I can't read the Roman Numerals on the eagle, but they only did those the first few years. I think I have a 1990 1 oz with RN date. I got that one from Nationwide Coin for $50 under spot. Yay lost leaders right!
I have some 1's, some 2's, and some 5's. I got a heck of a deal on them when I got them. Dumb beginners luck had me buy them in the biggest dip of 2022, and then there was a smoking deal on the premiums on top of that with the amount I spent. I have turned a few of them into silver since then when the price dictated. And then a couple went into the sterling purchase to get the silver cell going. They were used wisely. Lol Edit : Love that wallet. That's cool
Interesting. I always have been planning on buying 1 - 1gram bar, only one, just to have in my collection. But now I think I will watch for the at spot buys and pick up more.
I started stacking buying 1g gold bars. My first one a few years (4) back was about $64. Last I checked a year ago... every shop in my new area was trying to sell them for $80-$90 per 1g. It made it challenging to get myself to buy the gram bars with such a steep price difference in such a short time
Trying to get rid of a 1 oz gold bar you will always lose big time. It's almost not even worth it now. If you didn't buy a decades ago then your pretty much screwed imo. You will pay now at least 110$ for a gram that's ridiculous.
Those assay cards fit great inside a wallet you already know but I feel as though a person could get more use out of their gold if they carried one of those dedicated 1 g metal wallets. It's just really hard to decide to break those 1 grams out of their assayed pack and then put them either in a purse or inside a gold holder.
I have been looking at gold prices in the terms of grams for a long time. I bought on a scheduled budget starting in 1998. It adds up as easy as the math does.
It averages out as long as you dont hold the redemption to cash as the finish line. I have a 1 gram bar I bough decades ago that I paid $25 for. Gold is the finish line, not "cashing out" to dollars
I like 365, maybe I saw that. I do have a small fancy wooden box, I put 1/10, 1/4, and half oz Gold pieces in. It doesn't display them,, but I want to fill it up
i dont have the will power to save for big coins. "something" always comes up and cash is burnt so i buy once a month. sometimes work is slow i buy maple grams $138 lately but usually its 1/10th maples for $420ish cdn
It is like you have to have a bunch of money to make money. Buying fractional gold with those outrageous premiums will take way too long to make a profit and when it does become profitable you won't make as much. Just like you said, try to buy at spot or closest to it as possible.
I recently did a 1-year long experiment showing that buying fractional is better for those that cannot afford a 1 oz piece. I don't consider converting gold back into paper as "profit" For me gold is the finish line. Most people are slaves to the paper that they desire so much
Great Video! New to silver and gold, but I don't have an LCS in my area and I noticed that even if I buy 1oz of silver at spot by the time I add taxes and shipping I end up paying like $8 on top of spot price... unless I buy $200+ in order to qualify for free shipping. Any tips/advice for low premiums if I only want to buy like a few ounces of silver or 1 gram of gold?
Hero bullion has a $150 threshold to get free shipping, but everywhere else I believe you have to pay $200 to get the free shipping. Otherwise you can look for coin shows in the area, or sometimes you can find deals on Facebook marketplace, but you have to be careful of fakes that way
Not for this experiment. This experiment is for people that can only afford to buy fractional, so it's showing whether it's better to save up a small amount of money every month, or just to buy the gold right away. For your example if we use the spot price at the time of purchase, you can't have that in the future later anyway, so it doesn't have any bearing
@WorldMoneyWins Yes I understand, but you said 2400 for 31.1 grams and that's was true months ago . But not today's price . With grams going for 87.71.
Correct, so I got the gold under the current spot price. The 2400 price I gave was the spot price based on the average price I paid. Maybe I'm not understanding what you mean. I just subscribed to your channel. Maybe you could make a short video explaining what you mean? I'm kinda slow sometimes LOL
@WorldMoneyWins Thanks for subscribing I appreciate it. I thought that's what you were doing. Averaging the price over a year . Or maybe I missed something lol . Thanks for sharing and good luck 🤞 with your stack. PPO out 😎
Given that 99.9% of businesses will never accept gold/silver for payment why would you want to pay the exorbitant premium on fractionals? You're better off just saving up and getting an ounce or better yet just invest in a spot price ETF which has no premiums and no hassles from an unscrupulous LCS when you want to sell. It's also far easier to hand down to beneficiaries who don't have to worry about a LCS taking advantage of them. They simply sell the ETF share for the full market value when they want.
@@gregorygreene1940 You must not have watched the video. My last four fractional gold videos have proven that it's cheaper to purchase monthly as you go fractional, over saving up for a full ounce of gold. I don't fantasize about using it in a grocery store. If I need money, I'll sell a little bit of fractional, or I will take out a loan against my vaulted gold holdings and instead of paying capital gains tax, I will write off the interest.
My largest fear is buying and holding this gold then finding out it’s fake. How do you know all those little bars are real especially when ordering from so many different sources?
The truth is is it worth buying gold at all if you can't buy it at spot? Why not invest in silver and not take a loss on premiums? When you have enough silver convert it into Gold??? TRY THAT EXPERIMENT
I don't pay attention to the spot price very much other than to show this example. I don't view dollars as money. I convert my paper into gold every chance I get because the gold is the money
@@redraddo92 You must not have watched the video. The data proves the opposite is true. It's cheaper to buy every month fractional even with the high premiums than it is to save up for a full ounce
They add up huh? Theyre worth it if u get em right. They went from 60/70/80/85/90/95 now. Good job! If u go to the right place youll get that premium back. Theyll pay more for 31 grams vs 1 oz cuz theyll sell em for more. For ex: 1 oz they sell for 2700, 31 grams they will sell for 3k. U can realize that back at the right shop. I get spot per gram when i sell. My local lcs. Summit is great btw. Love 2 is 1 also. Nice video bro. Bgasc on ebay is the best prices anywhere🎉
Still under spot even buying grams.👍 I want to be shocked, but math is math. Gold doesn't care if its small, it has equal value. Grams can get spendy if emotions get involved. Someone thinks "I like this one better and its only $2 more"... They just added $62 oz to their own cost. 🧐😖 Agree...31 months of the cheapest grams available is going to be super interesting. 👍
In my country you can only only buy minimum 6 gram i brought gold at highest price down its down and my country cut custom duty form 20 to 10% I am in a loss😅😢
![[DRAGON BALL LEGENDS REVEALS ＆ STUFF] LEGENDS FESTIVAL 2024 Special Edition Part 2](http://i.ytimg.com/vi/af0phKxitX8/mqdefault.jpg)
It's not stupid, it's better than someone that has no gold at all.
For sure!
Great video WMW, thanks for the shout out. Really cool experiment to do. Its a shame they don’t fit in that metal wallet!
Ya, that would have been awesome. :-(
365 What's up dude?
I absolutely love these videos and totally agree with you that the dollar cost averaging has helped me get an ounce cheaper than if I would have waited and saved the money for the 1 oz while the price was going up🎉
Great to hear!
3:08 very pleased you’ve decided to continue till you have a whole oz as it will be interesting to see what the total comes to and what the total of a 1oz gold coin is at the same time you finish getting all 31
Nobody else has done it that I can find. I like to try new stuff.
@WorldMoneyWins I worked out how much I paid for an oz in 1g gold bars but I didn't buy 1 a month like you have been. I'll share the video on my community tab, it's very interesting to see how much gold has gone up since then
@365DaysofSilver yeah, I remember I was just a little bit off in my guess on how much you paid.
I have been stacking 1/10 gold eagles . Buying one every month for a year. The price of gold has been going up the whole year. Has been working for me . I shop a local coin shop , for a long time. I get the regular customer discount. Factional gold is better than no gold. Take care.
Very nice!
Good for you!
My last gold purchase was a 1.38 gram gold nugget for $72, 3 years ago. Silver is another story all together. I have 20+ lbs.
Very nice!
Great experiment and results. 👍👍👍
Im all in for fractional gold! Great video buddy!
Lately, I've been buying 1 gram bars. Grt some silver and get me a 1 gram bar. Its nice to continue to add gold. Even if its a 1 gram bar. Im actually happy about it. Happy Stacking everyone!
Happy Thanksgiving, WMW! Enjoy the prime rib and the long weekend!!
@@jackmorton8776 You too Jack. Love that skateboard picture you sent me. I would love to get one of those 😎
I heard you can fit 1/10th coins in the Summit box. I thought that was why you opened the eagle. I can't read the Roman Numerals on the eagle, but they only did those the first few years. I think I have a 1990 1 oz with RN date. I got that one from Nationwide Coin for $50 under spot. Yay lost leaders right!
They have a separate wllet for the 1/10th oz. I probably should have got that instead LOL
Like #8 - Been looking forward to this one!
What's up 365
@ hello mate just subbed to your channel
Good to hear another GR stacker..
Right on! West Michigan is the best Michigan. :-)
Excellent perseverance and record keeping 👍 Great experiment. I don’t have the patience for the 1 gram but my eyes have been opened
I have some 1's, some 2's, and some 5's. I got a heck of a deal on them when I got them. Dumb beginners luck had me buy them in the biggest dip of 2022, and then there was a smoking deal on the premiums on top of that with the amount I spent. I have turned a few of them into silver since then when the price dictated. And then a couple went into the sterling purchase to get the silver cell going. They were used wisely. Lol
Edit : Love that wallet. That's cool
💯
Very good data 👌 so far !
I would have thought it would of been the other way around if your getting it at spot.
How do you get them at spot?
APMEX and other dealers have spot sales
Completely agree. In this day and age, fractional should be at least a part of a precious metals stack.
Interesting. I always have been planning on buying 1 - 1gram bar, only one, just to have in my collection. But now I think I will watch for the at spot buys and pick up more.
Thanks for doing this for all of us to see. Just reinforces that buying fractional is a good move.
Took me almost 30 years to open my mind to it.😂
@ yeah. I would say near 20 for me. I always bought one ounce gold. Maybe the old saying is true. With age comes wisdom 🤷🏻♂️
Tell my wife that! LOL
@@WorldMoneyWins lolol
I started stacking buying 1g gold bars. My first one a few years (4) back was about $64. Last I checked a year ago... every shop in my new area was trying to sell them for $80-$90 per 1g. It made it challenging to get myself to buy the gram bars with such a steep price difference in such a short time
Ya, it is kind of a bummer when the price goes way up. Might be worth moving up to the 1/10th oz size.
STAC THAT FRAC!
Word!
Trying to get rid of a 1 oz gold bar you will always lose big time. It's almost not even worth it now. If you didn't buy a decades ago then your pretty much screwed imo. You will pay now at least 110$ for a gram that's ridiculous.
I want one of those 1tenth oz coin wallets but the don't ship to canada 🇨🇦
Happy Thanksgiving, WMW.
Same to you!
".. but im buying them now." 😂 love it
I believe all the Roman numerals are more sought after because they didn’t make them long
I hope you were able to get the 1/10 oz Britannia at spot yesterday from Monument Metals
I missed it! :-o
@WorldMoneyWins i believe it's all week long.
Love BF deals.
I can complete what I'm working, pick up a "January" and call it a year 👍
Been doing this with 1/10 oz AGE for a little over a year now. Traded 10 in for 1 oz AGE total cost was a little over $2,500.
Sweet score!
Those assay cards fit great inside a wallet you already know but I feel as though a person could get more use out of their gold if they carried one of those dedicated 1 g metal wallets. It's just really hard to decide to break those 1 grams out of their assayed pack and then put them either in a purse or inside a gold holder.
I really like the assay cards. I think they look cool.
@WorldMoneyWins someday when the gold standard makes a comeback the half gram and the quarter gram coin and bit will be the norm.
That would be awesome!
The Argor-Heraeus assay cards fit perfectly in your wallet
Plus you lose premiums when you take them out of assay as well,that’s the only bad thing really
I have been looking at gold prices in the terms of grams for a long time.
I bought on a scheduled budget starting in 1998.
It adds up as easy as the math does.
Maths dont lie!
Thanks for sharing these series. Curious how they would have panned out in previous years and if it would still be worth it.
It averages out as long as you dont hold the redemption to cash as the finish line. I have a 1 gram bar I bough decades ago that I paid $25 for.
Gold is the finish line, not "cashing out" to dollars
Gold at spot is a great deal regardless of weight. Gold is gold after all.
Very true!
1907, 1986-1991 and 2009 High Relief all had roman numerals. Not sure if there were anymore.
If I read the coin correctly the Roman numerals were MCMXCI = 1991
Is it MCMXCI ? Then should be 1991
Ya, I googled it after I made the video 👍
I didn't think they made them that long. I thought it was the 1st 3 years. interesting
I have that same credit Suisse bar
They have their own collectable premium. :-)
I like 365, maybe I saw that. I do have a small fancy wooden box, I put 1/10, 1/4, and half oz Gold pieces in. It doesn't display them,, but I want to fill it up
That would look cool!
I been down the fractional gold rabbit hole for years and came to the conclusion generic 1oz gold bars are the best buy !
i dont have the will power to save for big coins. "something" always comes up and cash is burnt so i buy once a month. sometimes work is slow i buy maple grams $138 lately but usually its 1/10th maples for $420ish cdn
It adds up over time for sure!
What's the difference from getting an ounce of the gold bars in a ounce of the gold coins what's a better investment?
I think most people want to buy the coins. Its a crime to counterfeit coins, but it isnt to make fake bars.
@WorldMoneyWins wise words my friend I never thought about that
My prediction is that after 12 months you accumulated 12 grams of gold.
It is like you have to have a bunch of money to make money. Buying fractional gold with those outrageous premiums will take way too long to make a profit and when it does become profitable you won't make as much. Just like you said, try to buy at spot or closest to it as possible.
I recently did a 1-year long experiment showing that buying fractional is better for those that cannot afford a 1 oz piece. I don't consider converting gold back into paper as "profit"
For me gold is the finish line. Most people are slaves to the paper that they desire so much
Isn't it more cost-effective to buy 5 gram bars? With the exception of the 1 gram bars that you bought at spot
Probably, I did a video on the 5g bar experiment also. :-)
#PMGSTAKS great info brother come
Just subscribed to ya! :-)
Great Video! New to silver and gold, but I don't have an LCS in my area and I noticed that even if I buy 1oz of silver at spot by the time I add taxes and shipping I end up paying like $8 on top of spot price... unless I buy $200+ in order to qualify for free shipping. Any tips/advice for low premiums if I only want to buy like a few ounces of silver or 1 gram of gold?
Hero bullion has a $150 threshold to get free shipping, but everywhere else I believe you have to pay $200 to get the free shipping. Otherwise you can look for coin shows in the area, or sometimes you can find deals on Facebook marketplace, but you have to be careful of fakes that way
@WorldMoneyWins Thanks for the Info! 👍
Mornin WMW
Mornin'!! :-)
👍 You have to factor in the gold price at the time of purchase. Not the current spot price .🤙 PPO out 😎
Not for this experiment. This experiment is for people that can only afford to buy fractional, so it's showing whether it's better to save up a small amount of money every month, or just to buy the gold right away.
For your example if we use the spot price at the time of purchase, you can't have that in the future later anyway, so it doesn't have any bearing
@WorldMoneyWins Yes I understand, but you said 2400 for 31.1 grams and that's was true months ago . But not today's price . With grams going for 87.71.
Correct, so I got the gold under the current spot price. The 2400 price I gave was the spot price based on the average price I paid.
Maybe I'm not understanding what you mean. I just subscribed to your channel. Maybe you could make a short video explaining what you mean? I'm kinda slow sometimes LOL
@WorldMoneyWins Thanks for subscribing I appreciate it. I thought that's what you were doing. Averaging the price over a year . Or maybe I missed something lol . Thanks for sharing and good luck 🤞 with your stack. PPO out 😎
4k later. 1 gram bars are way overpriced. Ridiculously overpriced.
Given that 99.9% of businesses will never accept gold/silver for payment why would you want to pay the exorbitant premium on fractionals? You're better off just saving up and getting an ounce or better yet just invest in a spot price ETF which has no premiums and no hassles from an unscrupulous LCS when you want to sell. It's also far easier to hand down to beneficiaries who don't have to worry about a LCS taking advantage of them. They simply sell the ETF share for the full market value when they want.
@@gregorygreene1940 You must not have watched the video. My last four fractional gold videos have proven that it's cheaper to purchase monthly as you go fractional, over saving up for a full ounce of gold.
I don't fantasize about using it in a grocery store. If I need money, I'll sell a little bit of fractional, or I will take out a loan against my vaulted gold holdings and instead of paying capital gains tax, I will write off the interest.
My largest fear is buying and holding this gold then finding out it’s fake. How do you know all those little bars are real especially when ordering from so many different sources?
My gold goal...wedding rings for a generation of my family.
Grams melt. Coins don't.
The smaller the bar the bigger the premium, s are especially here in UK,,30% over spot not unusual 😮
@@shauncorless8965 here in the USA sometimes the opposite is true. 😁
I own a 1 gram gold bar, I only got it because I also have three 10 gram bars. Whenever I stack fractional, I get an ounce worth
That's a unique technique!
The year of that 1/10th gold American Eagle looks like 1991 to me. It’s very hard to read it because of the size. In 1991 my vision was much better.
Can't beat gold at spot. No matter what the size.
@@jeffkeller9009 My thoughts exactly!
The truth is is it worth buying gold at all if you can't buy it at spot? Why not invest in silver and not take a loss on premiums? When you have enough silver convert it into Gold??? TRY THAT EXPERIMENT
I don't pay attention to the spot price very much other than to show this example. I don't view dollars as money. I convert my paper into gold every chance I get because the gold is the money
I have been considering 1 gram gold ugh
Its great if you can get it at spot.
@@WorldMoneyWins How do you get it at spot?
Online dealers have promos or specials sometimes.
In a barter condition fractional gold is best. I think gold bullion has risks though
Fractional at spot? Yeah, all day long, good deals.
By the time you're done buying an ounce fractionally you could have bought two with all the premiums
@@redraddo92 You must not have watched the video. The data proves the opposite is true. It's cheaper to buy every month fractional even with the high premiums than it is to save up for a full ounce
I get the best 1 gram deals at my LCS.
Seems like all the LCSs here are more expensive now.
@ I guess it all depends on your relationship with the LCS
For sure!
1991?
@@TheWarped45 yeah, I had to Google it 🤣
@@WorldMoneyWins I have a 90 and 92 the 92 is the last year of Roman numerals or maybe 93 and few 10th ounce from 86 87
1 g still better than no grams
Wise words!!
MCMKCI=1991
@@SuperBigdaddy38 👍👍👍
Gold is Gold 🪙 thanks for sharing ,you gonna sale those?
Eventually. I need to save up 31 of them to complete the experiment. :-)
"Really Really" is still making content??
Who is that? LOL
1991
Thanks 👍
They add up huh? Theyre worth it if u get em right. They went from 60/70/80/85/90/95 now. Good job! If u go to the right place youll get that premium back. Theyll pay more for 31 grams vs 1 oz cuz theyll sell em for more. For ex: 1 oz they sell for 2700, 31 grams they will sell for 3k. U can realize that back at the right shop. I get spot per gram when i sell. My local lcs. Summit is great btw. Love 2 is 1 also. Nice video bro. Bgasc on ebay is the best prices anywhere🎉
Thanks Crispy!
Still under spot even buying grams.👍
I want to be shocked, but math is math. Gold doesn't care if its small, it has equal value.
Grams can get spendy if emotions get involved.
Someone thinks "I like this one better and its only $2 more"... They just added $62 oz to their own cost. 🧐😖
Agree...31 months of the cheapest grams available is going to be super interesting. 👍
Its going to take a LOOOOONG time! I'll have fun with it though
In my country you can only only buy minimum 6 gram i brought gold at highest price down its down and my country cut custom duty form 20 to 10% I am in a loss😅😢
It always comes back. What country are you in?