Why I Don't Usually Buy Gold Britannias

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  • Опубликовано: 25 дек 2024

Комментарии • 120

  • @iamdalaw1
    @iamdalaw1 5 месяцев назад +48

    I prefer Britannias over sons because of the security features and the colour

    • @SovereignSaurus
      @SovereignSaurus  5 месяцев назад +1

      Yes it's a fair point, many in the same boat

    • @InappropriateShorts
      @InappropriateShorts 4 месяца назад +1

      same. they’re my favourite bullion coin

    • @leegould5306
      @leegould5306 День назад

      Either coin is better than money in the bank.

  • @transientstacker4310
    @transientstacker4310 5 месяцев назад +12

    I like the Britannia’s. Beautiful design, security features and usually at a good price over here.

    • @SovereignSaurus
      @SovereignSaurus  5 месяцев назад +1

      Yeah I think the Royal Mint have done pretty well with them

  • @justgold1
    @justgold1 3 месяца назад +6

    They're both great and easy to sell. I think it's all down to personal preference. I think that stacking either only sovereigns or only gold Britannia's is simpler

  • @bigbill74scots
    @bigbill74scots 5 месяцев назад +16

    I'm very much a Brittania guy.

    • @SovereignSaurus
      @SovereignSaurus  5 месяцев назад

      Lovely. Do you like the alternative designs like 2010 or 2011 etc or prefer the most modern?

  • @CashAndCoinsYT
    @CashAndCoinsYT 5 месяцев назад +15

    I’m torn… I like all gold. Great video!

  • @bullionaddict9164
    @bullionaddict9164 5 месяцев назад +11

    I agree that in the UK 🇬🇧 Sovereigns make good sense being low premium and tax exempt.
    Cheers 🍾🍾 SS.

    • @SovereignSaurus
      @SovereignSaurus  5 месяцев назад +2

      Who doesn't like nice gold 1 Oz coins though right 😁

    • @bullionaddict9164
      @bullionaddict9164 5 месяцев назад

      @@SovereignSaurus for sure 👍

  • @wolfstacker
    @wolfstacker 5 месяцев назад +4

    Great video, buddy. Thanks for sharing

  • @Bullionexchanges
    @Bullionexchanges 5 месяцев назад +2

    Interesting POV, we love them both so its hard to choose !

  • @Goldylocksss
    @Goldylocksss 5 месяцев назад +1

    Another brilliant video, first class advice which I have followed for last 3 years and now have a good stack of full sovereigns and gold britannias😊😊

    • @SovereignSaurus
      @SovereignSaurus  5 месяцев назад +2

      Wow fantastic. I bet that's looking after you well

    • @Goldylocksss
      @Goldylocksss 5 месяцев назад

      ​@@SovereignSaurus👍🏻👍🏻😊

  • @chrisoldfield8867
    @chrisoldfield8867 5 месяцев назад +3

    Seems to be some decent priced 1/4 oz proofs available at the minute which are always a welcome addition to the collection

    • @SovereignSaurus
      @SovereignSaurus  5 месяцев назад

      Yes not trading much higher than bullion it seems in some cases

  • @jamiefrost2091
    @jamiefrost2091 5 месяцев назад +18

    4 sovereigns over a 1 ounce Britannia any day of the week 🙆‍♂️🙆‍♂️.
    Thanks for your thoughts 👌.

  • @JasonDeville-fi4dh
    @JasonDeville-fi4dh 5 месяцев назад +7

    I like the sovereigns because they are 22k I like to hold my gold. I have to buy pure gold here so they get scratched when I hold them but I still want to hold them. Even pamps I just take them out of the assay. I wish it was 22k so I could feel better about holding the gold and stacking it in piles.

    • @SovereignSaurus
      @SovereignSaurus  5 месяцев назад +1

      It's a beautiful thing to hold

    • @melektaus2906
      @melektaus2906 5 месяцев назад

      I have a couple 24k coins(Britannia,Weiners) I keep in an quarter oz eagle tube with all my assorted other 22mm 22k coins (mostly sovereigns, eagles, krugs), they seem to have held up pretty well although I haven’t put them under magnification
      I’m not jostling them around too much but yeah, I love being able to hold them.
      All my other 24k coins/bars are in flips or assay though, I don’t have to fondle every piece of gold I have as long as I have some to play with.
      I know gold buffalos are sturdier than most other 24k, they’ve been annealed or tempered or whatever the term is for making 24k more resistant to damage, shame other mints don’t bother with it

  • @des_smith7658
    @des_smith7658 5 месяцев назад +7

    Because they're two grand a pop !

  • @thm-jw7zr
    @thm-jw7zr Месяц назад +1

    1/10 oz Gold Britannias have low premium now. Britannia's have low over spot price now compered to other coins.

  • @markgotschall2914
    @markgotschall2914 5 месяцев назад +4

    Here in the US I buy pre-33 and Buffalos .

  • @TMAM123
    @TMAM123 5 месяцев назад +3

    No sales tax on any billion in my state, but after a certain amount, reporting on sales is sent to the IRS unless it’s a few rare options. However the premiums on AGE’s or Gold Buffalos just feel like a tax. So I stick to our $5 commemoratives. Low premiums and also 22 Karat. Britannias are much cheaper premium option for us here. Great info and love the sovereigns! -PiFS 🐀

    • @SovereignSaurus
      @SovereignSaurus  5 месяцев назад +1

      Thanks for sharing, as much as I love a buffalo there's a limit to what feels worth it yes

    • @runderwo
      @runderwo 5 месяцев назад

      What are the "few rare options" where sales are exempt from reporting to the IRS?

  • @MAX5WM
    @MAX5WM 5 месяцев назад +1

    In the US you can many times a year buy sovereigns at or near spot. Sometimes when the supply of sovereigns is low the Brits have a lower premium.

    • @SovereignSaurus
      @SovereignSaurus  5 месяцев назад

      Thanks for sharing that's good to know

  • @seminumismaticguy8575
    @seminumismaticguy8575 5 месяцев назад +1

    My stack is bullion 1oz Britannias and sovereigns and my collection is bullion amd proof alternate designs full sovereigns, the odd double sovereign and 1/4 oz britannias

  • @MilledSteel
    @MilledSteel 5 месяцев назад +6

    That’s quite the stack of Sovs

    • @SovereignSaurus
      @SovereignSaurus  5 месяцев назад +1

      Just a few of the shields but you might like this video with a few more 👍🏼
      ruclips.net/video/QsWAGw2oOZs/видео.html

  • @T5volvosmidgey82
    @T5volvosmidgey82 5 месяцев назад +2

    awsome gold stack 😍 I want to start buying franktional britanias to get me upto a full 1oz, I just love sovereighns at the minit I carnt buy anything else right now, do you collect proof sovereighns what's you thoughts on these?

    • @SovereignSaurus
      @SovereignSaurus  5 месяцев назад +1

      Fantastic good luck! I like to look at proofs but overall I stick mostly to bullion. There's a few proofs that I've bought on past videos including the 1989 4 coin set and some of the more recent special design sovereigns. Just feel like there is more risk with proof coins due to the premium to buy them

  • @jon-de2ov
    @jon-de2ov Месяц назад +1

    What is the little round thing on the 1oz britannia coin?.

    • @SovereignSaurus
      @SovereignSaurus  Месяц назад

      Capsule

    • @jon-de2ov
      @jon-de2ov Месяц назад

      @@SovereignSaurus I'm not talking about the capsule. You will see the little round bit on the coin.

  • @christophermccormick8670
    @christophermccormick8670 5 месяцев назад +1

    Cheers 🥃

  • @wisemanm6390
    @wisemanm6390 5 месяцев назад +4

    I buy anything that is 24k and on sale.

  • @DarthPreciousMetals
    @DarthPreciousMetals 5 месяцев назад +3

    We love the Sovs...period. 😂

  • @jduff59
    @jduff59 3 месяца назад +1

    I stack sovereigns and 1/4th ozt Britannia's, but I have about 50% more sovs. I wish I could find a decent price on shield backs here in the US, but you just don't see them at any good price.

    • @SovereignSaurus
      @SovereignSaurus  3 месяца назад

      ahh that's interesting... I imagine there is less of them there but then again it's a bigger place too.

  • @Sunburntsilver
    @Sunburntsilver 5 месяцев назад +1

    I stack natural nuggets i find and stack silver coins perth mint, only gold coin i own is the new Australian Sovereign had to have one lol.

  • @jezza23
    @jezza23 5 месяцев назад +1

    What size capsule is that for the 1/10oz Britannia?

  • @P8REN
    @P8REN 5 месяцев назад +4

    Brits for me, I prefer holding .999

  • @Bowbro69
    @Bowbro69 2 месяца назад +1

    what would you suggest to someone that doesn't have a clue, if they only had about 250-300£ per month to consistant put into metal?

    • @SovereignSaurus
      @SovereignSaurus  2 месяца назад +1

      Great question, I've got a more detailed video coming soon but probably look at a half sov or a tenth Oz depending on what's available perhaps

    • @Bowbro69
      @Bowbro69 2 месяца назад

      @@SovereignSaurus what about platinum is my goal was merly to save over a short period (1 year) it doesnt seem to be a good time to start in gold right now?
      and try and get gold and silver when the price is better

    • @Calmness1014
      @Calmness1014 9 дней назад

      I'd save up every 4 months and buy a 1/2 oz gold Britannia. Very low premiums if you get them from decent gold companys.

    • @Calmness1014
      @Calmness1014 9 дней назад

      @@Bowbro69platinum premiums are too high imo stick to gold and a little bit of silver. If you're saving £300 a month that's £1200 in 4 months so buy a half oz gold Britannia for £1090 amd the rest buy silver Britannia 1 oz coins. Don't pay anymore than £29 an oz for them though

  • @daviniarobbins9298
    @daviniarobbins9298 5 месяцев назад +4

    I think we got someone spamming in the comments section @sovereign Saurus.

    • @SovereignSaurus
      @SovereignSaurus  5 месяцев назад

      Thanks they get on about every video and RUclips doesn't seem to have got very good at filtering it all yet so just takes some manual removal 😁

  • @camperoboricua5487
    @camperoboricua5487 5 месяцев назад +3

    I don’t usually buy Britannias because I don’t usually have the money😁

  • @demri123
    @demri123 5 месяцев назад +1

    Do u have AG too?

  • @sirvivor7835
    @sirvivor7835 Месяц назад

    I should of sold Persian rugs...

  • @michaelbuckley6710
    @michaelbuckley6710 5 месяцев назад +1

    I would really like to get another 1/4 oz Gold Britannia .
    Maybe I could barter with my local coin guy.
    Trade some Australian raw gold nuggets for a Britannia.

  • @plasticdadaii8225
    @plasticdadaii8225 5 месяцев назад +1

    Do your next vid in the Central part of your town next time.

  • @MadDogSurvival
    @MadDogSurvival 5 месяцев назад +1

    So why do we have to pay 20% tax on a silver Britannia when it also has a face value and is deemed currency??

    • @SovereignSaurus
      @SovereignSaurus  5 месяцев назад +1

      Hi MDS, Ask HMRC but broadly speaking that is VAT which is a tax on purchases vs CGT (Capital Gains Tax) which is liable on profits from disposal of an asset

    • @MadDogSurvival
      @MadDogSurvival 5 месяцев назад

      👍🏻

    • @lorraineking3053
      @lorraineking3053 5 месяцев назад

      @@MadDogSurvival Also, if you buy second hand silver you do not pay the tax and there are online stores that will sell you second hand. You can also buy silver though a company with a vault based in Switzerland, Singapore or Southern Ireland (for example) and so long as you do not withdraw the silver out of that jurisdiction you will not pay the tax, nor when you sell it back to them. So don't let the 20% tax stop you holding silver if you want to diversify.

    • @MadDogSurvival
      @MadDogSurvival 5 месяцев назад +1

      Thanks! Yes I do hold silver already. I agree with your comments other than the part about vaulting, I believe that the moto of if you don’t hold it you don’t own it is important with any precious metal stacking. I appreciate you taking the time to respond good of you 👍🏻👍🏻😎 best wishes

  • @LisaM-e1i
    @LisaM-e1i Месяц назад

    Show off haha i want one ❤

  • @superlative_custard
    @superlative_custard 3 месяца назад

    cut to 4:00 to get the answer and avoid the waffling

  • @dleetr
    @dleetr 5 месяцев назад +3

    It's easier to count your gold stack when it's in one ounces. Hah, there you go. I put four quarters in a flip, or five tenths, store the halves with the one ounces. Easier to count. Well with Perth Mint anyway, which is the bulk of my gold.

    • @SovereignSaurus
      @SovereignSaurus  5 месяцев назад +2

      Haha it's when you start weighing in buckets instead of counting 😁

    • @dleetr
      @dleetr 5 месяцев назад

      ​@@SovereignSaurus Ahh yes. Did you see the Chards interview by Cobra, where Chard was talking about having buckets of sovs in the early days of the shop.

  • @stanian2
    @stanian2 5 месяцев назад +1

    I prefer the 1oz Brittania's, Just an example, today 05/07/24, Tavex buy back for 1 Britannia loses you £67.50, Sovs loses you £21.58 Ea, so x four is £86.32 and still less total gold. 1/4oz and 1/10th oz Britannia's though on Tavex are much higher risk, losing £47.30 ea for the 1/4 and a whopping £25.43ea so £254.30 over the Ounce. 1oz Brittania's all the way for me. Or 22ckt jewelery from Malaysia

    • @SovereignSaurus
      @SovereignSaurus  5 месяцев назад

      Yes the maths makes sense for 1 Oz. Like you say too the smaller Brits are typically far worse spreads

    • @jamiefrost2091
      @jamiefrost2091 5 месяцев назад

      Does Tavex buy back the Britannias in “mint” condition or can they be played with like the bullion sovereign?

    • @stanian2
      @stanian2 5 месяцев назад

      @@jamiefrost2091 As far as I know they pay a fixed price for coins of equal weight.

  • @thisismonitor4099
    @thisismonitor4099 3 месяца назад

    Sovereigns are better IF you can identify all the counterfeits

  • @Zonker66
    @Zonker66 2 месяца назад +2

    This is ridiculous to me. I didn't hear him mention (or see anyone in the comments) point out that the purity of all Sovereigns is 91.67% whereas the purity of Britannia's since 2013 have been 99.99% (and therefore qualify as 'investment quality' gold in the same was as gold bullion). As a reminder, no VAT is paid on investment quality gold in the UK. Combining this with being 'legal tender' (both of these coins are), and you are immune to VAT and Capital Gains Tax. Are you really willing to ignore a 20% tax and focus strictly on the premiums? EDIT My post was inaccurate and I believed 91.67% was NOT 'investment quality'. I was wrong and for coins it is. The Sovereign is sturdier (due to the copper), and a Full Sovereign is a better purchase when compared to a 1/4 oz Britannia. The premium when buying and selling (both sell well) is better with the Sovereign. Also, the Full Sovereign is cheaper at £524.39 and £575.83 for the Full Sovereign and 1/4 Britannia respectively. .

    • @SovereignSaurus
      @SovereignSaurus  2 месяца назад +1

      Thanks for taking the time to comment. There are hundreds of videos on the channel, many where the purity is discussed.... Based on the current rules in the UK there's no VAT to pay on gold bullion whether 22 or 24ct ... It's a bit pointless to argue about the "what ifs" as in reality the rules could be changed overnight, just got to play by the current ones 👍🏼

    • @Zonker66
      @Zonker66 2 месяца назад +1

      @@SovereignSaurus I was mistaken, please read my edited post. The Sovereign is a better financial purchase. I let my original comment stand to show how mistaken people can be without due diligence.

  • @thesecondsilvereich7828
    @thesecondsilvereich7828 5 месяцев назад

    In other words we're screwed ether way

  • @wolfstacker
    @wolfstacker 5 месяцев назад +1

    Like 120🎉

  • @ronaldperry
    @ronaldperry 5 месяцев назад +16

    I will not buy a coin with Charles on it.

    • @SovereignSaurus
      @SovereignSaurus  5 месяцев назад +2

      Fair enough there are plenty of options at least 👍🏼

    • @manuelarita6801
      @manuelarita6801 5 месяцев назад

      ​@@SovereignSaurus🤣🤣

    • @des_smith7658
      @des_smith7658 5 месяцев назад +1

      I went for a quarter chazza just to get something different

    • @ronaldperry
      @ronaldperry 5 месяцев назад

      @des_smith7658 I had one, I traded it for an Australian War in the Pacific.

    • @zotoda
      @zotoda 5 месяцев назад +2

      charles is amazing

  • @adrianmuszynski635
    @adrianmuszynski635 25 дней назад

    I would rather buy ETF on gold covered with real gold certificates. You don’t pay premium but only spot rice plus fee for transaction.

  • @YTAacc
    @YTAacc 5 месяцев назад +1

    I like sovereigns more than britannias

    • @SovereignSaurus
      @SovereignSaurus  5 месяцев назад +1

      They say actions speak louder than words and judging by my stack....

    • @YTAacc
      @YTAacc 5 месяцев назад

      What’s ur stacking method