The BEST and WORST Types of Gold for Stacking or Investing
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- Опубліковано 19 чер 2024
- In this video I talk about the The best and worst types of gold for stacking or investing. If you are wanting to buy physical gold right now then this is the video for you. I am not a financial advisor and these are my opinions. I talk about my top 3 best types of gold to buy and my top 3 worst types of gold to buy. If you are trying to invest in gold by buying gold when the price is low then you want to focus mainly on my top 3 types of gold to buy. This also applies for people who want to be stacking gold. Gold bars and gold coins are extremely popular, but not all types of gold bullion are great for those that want to be investing in gold. The reasons why you should be investing or stacking these particular types of gold are talked about in the video. Stack on my friends!
The BEST and WORST Types of Silver for Stacking or Investing
• The BEST and WORST Typ...
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Topics I cover in this video: best type of gold to buy, best type of gold to stack, worst type of gold to buy, worst type of gold to stack, investing in gold, gold investment, invest in gold, best type of gold for investment, stacking gold, gold stacking, what type of gold should I stack, what type of gold should I buy, gold coins, gold bars, gold bullion
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My granddaddy was a scrap gold buyer and he used to send it to a refiner to turn them into mini bars or he’d melt the gold himself and turned them into rounds with our family crest on it. But he always told me collect gold no matter what shape it is
Can we see your family crest?
Your granddaddy was a wise man
@Not Me the same thing any person in the world does......send it to the assay office
Totally agree and will teach my daughters the same gold is gold when it come down to it don't matter what the f it look like just gonna get melted anyway. If the world were to end who cares what a coin or bar look like better just be happy you find someone friendly to trade with 😉
@@keithpitts9321Refineries may be less accessible in an end of world scenario so authenticating fakes becomes important.
Skip Gold Eagles. Premiums are insane. Buy the lowest premium gold coin you you can, that is recoqnized. Britannias, Maples, Queens Beast, Philo's are all better options than Eagles or Buffalos. At the end of the day, you are buying bullion.
Good advice..
The best coin today, for the price and security, is the 2021 Brittania.
@@davidweikle9921
Why not the Canadian maple?
@@THEKiNG-fh9zl the 2021 Brittanias have more security features than the current Maples. Both are beautiful coins, but the Brittanias are more secure and they have a lower premium. At least, they will be until people realize the value there and start stacking them like I have been.
Wrong. You will pay a higher premium for eagles and buffalos. However you will also realize a higher price when you sell. So in the end it doesn’t make much difference.
Thank you for breaking down the best and worst of buying gold. It’ll help me tremendously when I get ready for purchasing gold in the future. You’ve got great videos with interesting topics and details that I enjoy watching.
I do agree, though I'd say that if you have a chance to get fractional for a minimal amount over spot you should totally go for it (that goes for most gold, really). I've had that chance several times and have never regretted it. Thanks for another great video! 😃 😃 😃
gold eagles are a rip off with the current premiums
It might be worth the higher premium up front now then the taxes you'd pay with other bullion later when you sell.
Right!
$120 premiums is ridiculous!
@Dan Aldrich a person avoids the capital gains tax for when they decide to sell PM's if they're selling AGE's because they charge that high premium upfront.
I agree, but so are the other bullion coins. Well I'm French and they all sell well over the spot here, $120 - $150. The least expensive one is the Krugerrand which personally I don't like. I'll wait!
You need to give a clear explanation of the difference between "fractional" gold and, say, a 1/4 oz Gold Eagle. Because the last time I checked, "1/4" IS a fraction.
Love your videos! I’m a big fan, your videos are one of the reasons I started stacking. Keep stacking!
Great info! Thank you! Just bought my first gold piece yesterday!
Excellent presentation on Gold. I learned a lot !! Thank you very much!
Thank you for the great explanation 👍 Good info 😊
this was one of my biggest questions it helped a lot thanks again
Good thoughts. Thanks for sharing. once in a while we need reminder/ lesson from seasoned stacker. Appreciate it.
Thanks for the overview!👍🏼Coincidentally, my 2020 Utah Goldbacks set in GB Wallet just arrived Down Under today! What absolute BEAUTIES! Especially love that 50 note! Premiums were even higher from whom I bought from but very glad I did. Now I can get back on the one ounce track ;)
Great information video as always
Good advice thank you. I do what you suggest, and buy the highest quality gold I can find for the lowest possible premium. The one piece to the equation that is actually an unknown is picking a product that will be easy to sell in the future. The best we can do is stick to products that are easy to sell now, but that is no guarantee that they will still be easy to sell at the point where we are looking to convert them back to cash. There are lots of different ways to invest in precious metals. My plan involves accumulating as much Bullion as I can and holding it for the long-haul. There are people who buy and sell gold the way daytraders churn stocks. Constantly buying when it's low and constantly selling when it's high. I accumulate bullion as a protector of wealth not a generator of income. If that works for them great. It isn't how I want to spend my time. Great channel keep up the good work.
Thank you for sharing!
Thank you for the video (I know this is an older one). Personally I like the buffalo and maple leaf but that's me. But it was very good to learn about bars and sovereigns.
Yes! Thanks for doing this when I left u a comment under your IG post. About what gold is good for stacking or investing.
Premiums are so high right now for Eagles that I am buying mostly Phiharmonics and Maple Leafs. As you mentioned, I can't really afford to buy 1 once, so I am buying 1/4 coins. Again, the premiums are even more nuts for these fractional coins. So, I am slowing my purchases of both gold and silver until we have a significant dip in prices. I think, in the long run, it will still be worth it.
Very informative and well worth watching.
Great video as usual!
I got a 1 ounce Royal Mint Royal Arms from the UK. Was on offer at the time and was just as good a price as Britanias. Also got a quarter ounce Royal Mint with some weighing scales on the coin. Was also discounted. The rest of my stack is just 1 ounce Britanias.
Great video and great advice! 🐉🤙🏼
Hehe, 'The Swiss Miss' Love it! 👌🏼
My rules for buying: Buy what I like and don't pay high premiums. This takes some shopping around.
They gota keep the lights on too.
What’s high premium? I see everything 8-10% above spot value
Thank You Great Video!!!! I will say it's OK to buy jewelry at yard sales and often estate sales and auctions, if your able to do at a discount to melt. This year has been slow, becuase of the Covid, neighborhood sales were cancelled. Nearly every saturday I can buy silver jewelry for spot or less. Might use more gas, than I profit, but I call it suburban mining.... and usally a few times a year I get some gold cheap. Found gold for pennies on the dollar 5 of last 7 weeks. Biggest haul was only worth $150.00 melt after cost of 25 cents!!!!
I’m hunting Krugs at the moment, I absolutely love them. Resilient due to the bronze content but still holding a full oz of gold. I’ve got one 1980, but I left the shop my contact info and told them if they get more to call me and they did. I’m picking up 3 more tomorrow and they are cheap and beautiful. I’m debating buying a 30gram Panda proof they got from the same seller, idk. They said if I buy all 3 Krugs they’ll be $20 over spot apiece, hell yes! Already had them remove them from display and put in safe with my name on them. Dates on the 3 are all in the 1970s, no BU but their numismatist said they’re in great shape and I’ll want them. Can’t wait for my addition!
Thanks. Good info
thanks for sharing your wisdom left thumbs up
Thanks you very informative
Great video mate.
Great video!!
Thanks for the info
Finally bought on latest dip. 1 oz Korean Phoenix. 30 silver eagles. Paid a lil more than I usually like to but but finally got the ones I wanted for under 30 silver and under2000 gold including premiums.
Good info. 💰
When gold hits $5k/oz you'll all be wishing you had fractional since that's all anyone will be able to afford, and the premium is BUILT in. Wakey wakey.
I buy fractional when prices dip and 1 ounce when high. Consistent buying. I agree fractional will be easier to sell years down the road when price is ???
gold was under $300oz in 2000.. imagine telling someone back then dont buy 1oz coins as if it goes to 2k no one will buy it lol
You can still sell by the ounce and use dollars or whatever other fiat currency. $5,000 isn't going to last that long.
Yeah but why would you sell your gold for Monopoly money? I would never sell gold for money unless I absolutely needed it, that's why I'm trading Monopoly money to buy gold. I guess it depends on the person, some people buy gold as an investment, buying physical gold is not a smart move for investment purposes In my opinion. Buy gold to hold, silver as well.
@@hugostiglitz4215 sell it for goods i say, monopoly money is the reason i buy gold/silver
Hi Guys!
Real awesome video. This helped me a lot in my `` buying gold strategy ´´. But it leaves me with one question.
What about gold nuggets for an investment?
I have purchased gold Queens Beast for a better price than gold eagles, plus the gold queens beast are 4(9's) gold while the gold eagles aren't 4(9's) gold.
@Alexander EG , alright, but the American Gold Eagle isn't *4(9's)* Gold.
@Alexander EG , yes and its not that I dont like the American Gold Eagle, its just , why should I pay more for less Gold . If the price and quality of gold we're the same I probably would get the American Gold Eagle, but with the American Gold Eagle you get less gold and more likely the price is higher
@Alexander EG ,
Actually the gold Queens Beast is more pure. The Queens beasts is 9999 or 24k. The Eagle is 22k which is .9167. Which is still an oz of gold , but with filler metals.
@Alexander EG , yes...I buy the cheapest gold that I can get. I have bought American Gold Eagles but at the time when I bought the American Gold Eagle they were cheaper than the other gold coins that were selling online.
@Alexander EG , take for example Providence metal the 1/4 American Gold Eagle is $529 1/4 Queens Beast is $509, $509 for more gold in my opinion is a better deal
Great video and very sage advice. Much appreciated. Do you have any thoughts on coins like Russian gold roubles for fractional stacking? Have some numismatic value as well (EF/ aUNC) but probably paying around 14% above spot. Cheers
Very good thank you very much....
Love it !
Gold jewelry is a bad investment.
Unless you're the one making it 😁 Like me
Even solid 18k-24k necklaces are bad investments? Thanks for the information
@@MediaCentralTV1 If buy it at retail price, yes. If you can get for less than melt, go for it!
24k is very rare except for Menē and it's not as recognized easily as karat gold, meaning you can only sell it back to Menē themselves. While the markup is less than traditional jewelry, it's still X1.4 spot.
@@ricois3 so ask for the melt price when i go to the jeweler? Or i should already Know how to calculate the melt price
Im in NYC amd as you know there are tons of jeweler's .
It doesn't make sense to buy bullion online when I can cross the bridge into Manhattan. However, i think I'll get eaten alive if i walk in clueless 😉
@@MediaCentralTV1 You'll never get melt at a jeweler. If you want to buy jewelry lower than melt, you'll have to buy from a private individual and you have to know how to calculate the price and how to determine the purity.
@@ricois3 Avoiding fake gold would be the hard part today. It was only a couple of years ago that people found Canadian Mint bars with other metal in the middle of them so the second hand market now is very fraught with risk.
ive been buying so much fractional i will hold my cash and then invest in a 1 ounz gold coin when i have you r right thats throwing $600 bucks away
I’m learning!
Great video my bro 🐉
Thank you 🇺🇸
Fractional you can get your premium back on secondary markets easily
Woow very nice , good job thanh so much you have inpormation 👍👍👍👍👍👍
I think the Maples are the most appealing to me. I don’t own any of those but have owned the silver and they are. Beautiful as well.
great video, Im very new to gold and silver investing. I noticed that Nationwide as a new client special. where you can get an eagle for spot price. I think more people need to be aware of this offer, iff they want to start investing. Also found a listing on Ebay from an estate sale, selling Silver eagle for cheap. spot price is $22. they had it listed as buy now option of $32, but when you buy 4 or more the price dropped to $27. Like i said im new, but it seem to good of a deal to pass up
Hey,
I am from Germany and bought the 2016 1/4 quarter ounce queens beast in Spring 2019 relatively close to spot. Prices for this coin went up. Seems like premiums in the US for these coins are higher.
Fractional 1/4 Eagles sells for a high premium and are easier to sell because they are very popular among stackers
The Queen's beast's have been a great investment for me.
Same!! They gain a lot more than Eagles
Do the same best and worst apply to silver too? I've heard the seminumismatic coins you get the best of both worlds that they hold their value when spot prices drop. What are the best collector coins are there to invest long term?🐉🐉🐉
Celtic Revival / Adfywiad Celtaidd 🙄
@Celtic Revival / Adfywiad Celtaidd The Royal Mint is in Wales ..
@@noremorse6898 And they usually have premiums at even better rates than ounce eagles. So I am not sure where you are getting their rating from. Also, as above many have done very well since being issued as well.
One ounce Gold Coins with the LEAST Premium is best. UK, Canadian, Australian, Austrian, etc.
Krugerrand
Philharmonics always have the best prices
Hi Silver Dragon!
Quick question. I bought my first gold eagle about a year ago, I went to check it and it seems to have changed color (looks darker). Is this normal for gold?
Digging the movie references 👌
I got about half an ounce of gold jewelry in a consignment store for over $200 under spot. I can sell this retail if I wish, or scrap it for a hefty profit. However, for now I choose to keep it, because it's beautiful, it stores value in a small space, and I can fly with it with no questions asked.🔥🔥🔥🔥
A retail jeweller can put a 300% markup on the price of the gold jewellry they source from a manufacturing jeweller which obviously has added prices for fabrication and overheads. On the other hand, your fabricated item has artistic value which could be long lasting depending on the design/type and also practical value in being able to be used as jewellery, again depending on the design/type with changing tastes.
Good informative video. Your opinion of Perth Mint Australian gold coins? They have a lower premium, and are pure gold
Thank you..May ask where you find gold deals at spot?
I love the pre 33 and the American gold eagles. 🇺🇸
Love your videos! I am going to make two gold and silver unboxing videos this month....2k unboxing!
Ok let us know
that is awesome! 🔥🐉
Apmex has rolls of dimes for one 1.49 over spot....I don't like stacking dimes but 1.49 over spot is great
Fractional depends. I avoid smaller then 1/10 oz. The extra premium is recovered at the sale. They are also way more liquid. Also avoid proof coins unless that is your thing.
Why avoid proof coins?
Most Queens beasts are bullion coins. Actually the new grayhound coin was the lowest premium 1oz 9999 fine gold coin on bullion finder the other day.
I would agree w/ you 100%.I don't care for China Panda coin,Australian coin or British coin.I would only buy American.I've started buying in 2004 and I'd now have some Gold American eagle,Gold Buffalo,1 set of 4 Gold american eagle,2009 High Relief and all of state quarter silver proof set and more.
How about gold nuggets, dust and ore? what is your opinion on the subject?
is it worth to get a commemorative gold coin e.g. 2020 olympic for stacking? Although they are pure gold sold at a half oz with high premium for it than its face value.
Maple Leafs and Buffalo look amazing for sure... I have the English coins as well, but they are more expensive and don't look as great!!!
Hi got a question.
after buy a gold bar Can I open it?
or should I not open it ? ( incase I have to sell it later).
and is there way to check it is real gold with out opening the package?
thanks.
Do you pay consumption tax on gold coins in the US? I am in Japan and need to pay the premium + consumption tax / import tax and in the end that is about 2100 USD per ounce...
Word of warning. Check your state laws and regs. Some states (florida) require businesses to register sellers who sell things other than coins with the police dept. They also require the shop to hold onto these items for 30 days. So you will not get spot price if you try to sell. Bullion coins with a face value are exempt.
Great presentation Silver Dragon but there is one point I would argue with. When buying one 0z gold bars or coins. I would always go for 24 carat, four 9999's. There are some dealers that will pay under if its 22 carat. Coins: Stick with the Maple, Britannia and Buffalo all 9999's. As for bars, same deal but stay with the usual faces. Pamp, Perth, Canadian, Metalor and Britannia.
I go for pure 24 ct gold too, four 9999s. You should consider the Austrian Philharmonic which is a most beautiful bullion coin too.
I just get lowest premium, not any but thats what matters for me not looks...
My favorites are plain 1 oz 10 oz generic Bullions
Love the Pamp Swiss Lady Fortuna.
I bought a 5oz. Lady Fortuna 2yrs ago and I love it!!
Urinal splashguard? or crocyamaka?: Me too.....I have 3 "Fortuna" bars so far.
One thing with fractional metals is, if shtf you can better barter. Other than that you have taught me something valuable.
Good advice. You might want to look into platinum. It is red hot...
Where would you recommend selling silver or gold other than ebay? Sites like bgasc have a minimum quantity rule n will only accept certain coins. I've heard some bad things regarding getting your money through PayPal.
You're assuming that the premium instantly evaporates the moment the transaction is completed. This is a false assumption. However, if your only purpose is to accumulate gold for just the metal content and do not care how it looks, or if you expect to be selling it in a financial pinch/liquidity crunch as a savings strategy, then yes, higher premiums are bad. I think this should not be overlooked.
THIS!
This gets overlooked all the time. Almost all videos talking about fractional being bad don’t seem to differentiate between preservation of personal wealth and investing for profit. When selling a fractional piece for profit the premium is typically returned (amount depending on who you’re selling too). My first gold purchase and second and third... and 20th were 1 gram bars. Back then I was buying them all day long for $45 each. I paid a premium but these days I could turn around and sell them today for almost double that. The people buying fractional are willing to pay the same premiums I did so I get my money back for that plus a profit on top of it. That’s investing. Fractional is great in my opinion for investing purposes considering there are far fewer people who can afford a full ounce of gold than those who can only afford a smaller fractional piece and because of that there will always be a market for the smaller pieces.
@@MidwestCoinHunter an important key is to keep your cost average low enough and being able to overcome it when you sell in the future.
I just bought a 1/4 oz Maple and I also picked up a British Sovereign
Hi, new to the game very informative. Now I live in the Phoenix area where and whom can I trust when buying gold. One last add what does stacking mean? Thanks!
"stacking" basically is the way to say "saving" in metal-speak. Its very popular term among buyers of precious metals because it emphasizes you have invested in something that is real & solid measured by actual "weight" - ie: you CAN stack it; unlike the ullusiary political reliance of digital/paper "money"
One of my sources for stacking is by doing math... I will find out what spot is per gram, then divide it to 14k which most jewelry in the US is. Then go to pawn shops and bid well below spot on gold jewelry (the uglier the better). I've had many shops that are in a slump sell to me. This is especially true if they bought the jewelry when the spot was lower. As they will look at what they paid as well as how long it sat on the shelf. You will end up with ugly jewelry, but you are less likely to lose $ when selling to refineries.
Any maple leaf coin gold OR silver is a STUNNER
Regarding the Queens beasts - I was able to get them cheaper than an American gold 1 ounce 0 but you have to buy it when they release. If you try to buy them years later then yea you'll have to pay more.
Any opinion on the commemorative gold coins minted by central banks? Like the coins minted by the Bank of Mexico in centennials, bicentennials, etc.? Would those be a good/bad investment?
I really like the Swiss 20s, now working on Kruggerands.
Queens beast gold coins are usually actually cheaper than the same size gold eagle.
Proof or bullion? Sometimes you actually see proof gold eagles for less than the bullion versions. Does it matter?
The queens beast gold coins, sell for over two hundred pounds, over spot price!!
Beautiful coins, fantastic investment!!
I like 1oz. gold Brittanias because in the UK they are exempt for capital gains tax.
Gold Britannia's are the ones for me 😊😍👌
Any experience with 'random coin' deals? The prices can be enticing, but I don't want to end up with garbage.
When the queens beast series came out you could buy each piece without a premium. Now you can sell them a couple hundred bucks over gold prize. Sounds like a good investment to me. I am buying some Tudor Beasts now. Worst thing that can happen is, that it stick with the gold prize.
I intend to be well prepared for the inevitable apocalypse. I've been quietly hoarding Gold Bond Powder for years now. The profit potential here is incredible. I recently found a great deal on e-Bay for a small foundry and crucible. I hope to begin melting and pouring when it arrives.
Please explain the term stacking. Does the date on the coin. Matter? Thanks
Great video my friend, think you nailed it ,great info 👍 👌 👏 😀 ⚔⚔⚔⚔⚔⚔⚔⚔⚔⚔⚔⚔
You forgot about Australian Lunars. Released at low premium (for few $ more than other bullion coins) and mostly gaining premium of collectables over time.
I think you're pretty close to right on about everything that you've talked about, but the one ounce American Gold Eagle that is 0.916 purity is really not that great of an investment because a Canadian maple leaf is .9999 fine and plus it cost less than the .916 American Eagle
@Jake yes it does weigh a little bit more than a Canadian maple leaf,. Yes it is.91 6% pure Which is less Purity than sterling silver, as for me if I'm going to buy a gold bar or coin then it's going to need to be .999 percent pure if not 4- 9's
Yes the American Gold Eagle does contain one ounce of gold but I'm sorry I would rather own the American gold buffalo because it is .999 percent pure and not lower grade than sterling silver
You should do a video about how gold will be useful if a dollar collapse happens or if we go to a national cryptocurrency. Gold pieces have a ridiculous low dollar value such as the Buffalo only being worth 50 US dollars. If the dollar is no more, does that make the gold valueless in the marketplace? How will the black market establish itself? That's what you should talk about in one of your videos.
where do you find the 20 franc and sovereign coins? where do you recommend buying 1oz bars and 1oz coins?
My bullion dealer pays a high premium for eagles and eagles only. I had pandas and maple leafs with me as well but was offered back of spot. This was during the run up to $2070. But my eagles he paid me an 8% premium. Was probably the demand for gold eagles at the time, but it made me scratch my head. I remember saying “we’re talking the same amount of gold yet you’re offering back of spot for everything I have except my eagles?” His response was simply “yes”. Certainly an eye opener. Given I haven’t sold any gold up until that day. I’ve adjusted my gold portfolio since.
Yep, same here I had beautiful 1oz maple and a Brit and wasn’t even offered spot it was below spot… Was offering 4% premium for my eagle and buffalos I was like nahhh. He went up to 6% for my eagles just my eagles. People just want eagles nowadays. People buying them up and not selling them. He had 1 eagle he was selling with a 1 silver eagle it was like a collection box was asking $2400….BS!
Eagles are overrated and only bought by "serious investors" ie, boomers
Depends where you are. In UK, Brittania is king. US Eagle just another coin. VAT and CGT benefits in native countries for their own product prevails.
The 1 oz Maple leaf is the best coin. Absolutely stunning.