Coin Collector HESITANT About Buying Gold! (Is Gold SCARY TO BUY Right Now?)

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  • Опубліковано 26 лис 2024

КОМЕНТАРІ • 338

  • @christophersmith2776
    @christophersmith2776 6 днів тому +7

    Gold and silver will continue to grow in value as our dollar drops in value

  • @donzme
    @donzme 6 днів тому +6

    I think you're spot on when you said people are rotating out of precious metals into riskier assets (faster race horse). Good insight.

  • @GermanShephredAKC
    @GermanShephredAKC 6 днів тому +6

    Great video!! I'm not selling my gold right now. MARK MY WORDS... Next year at this time, Gold will be over $3,000⬆️🤞😎

    • @RobertLee-wi5kc
      @RobertLee-wi5kc 5 днів тому

      If you believe there will be inflation yes, but if you believe cost cutting and attempts at anything to balance a budget and pay down national debt then probably lower gold. Gold is inflation and is the worry metal. Risk on buy gold risk off stock market. Now you know why silver has dropped almost 20% with no real fanfare.

  • @TheQuickSilver101
    @TheQuickSilver101 6 днів тому +4

    I agree with and appreciate your take on precious metals.
    I like my gold too much to want to sell it. Also I'm a sentimental guy so parting with things I like is hard. Thanks, guys!

  • @shawncovert5447
    @shawncovert5447 6 днів тому +3

    Love the contract,
    New sub here , bell icon set on all.
    The knowledge you all have blows my mind, that being said appreciate, all you do for the PM,,,silver,,,,gold,, community

  • @yanhpitan
    @yanhpitan 5 днів тому +2

    My perspective is I don't buy coins as an investment. I am a collector, who is more interested in the numismatic aspect and the collecting aspect. I do care about buying quality items that will likely appreciate in value, but I'm not looking at my collection as an investment. It's interesting to see the perspective of folks who are buying as investments and hedging against the dollar and the economy.

  • @GhostDiZ
    @GhostDiZ 6 днів тому +1

    It's always exciting seeing smooth transactions with precious metals and learning history and economics at the same time

  • @alwaysseekingsilver
    @alwaysseekingsilver 5 днів тому +1

    I think one thing can be said when someone is hesitant about current metals prices (thinking they’re high and resistant to buying right now), and that is, how long are you intending to hold it. If it’s long term (think in years or even decades), then why wait? You really only have to worry about price’s going down in the very short term. Long term, most prognosticators think PM’s prices will be higher in the future than today.

  • @mattman031
    @mattman031 5 днів тому +1

    Thanks to Levi for his generosity.

  • @jasonsteward6028
    @jasonsteward6028 6 днів тому +1

    It's cool to see how much gold had appreciated over time. I feel gold has more stability than alot of other different investments.

  • @samnewbold7106
    @samnewbold7106 2 дні тому +1

    Even though there are drops in silver and gold, the value will continue to increase. Just look at where metals were 10 years ago. Thanks for the great and educational video guys!

  • @StephenYagilnicky
    @StephenYagilnicky 6 днів тому +2

    Real estate...high end art/collectables...gold/precious metals have been key for centuries to secure wealth through all types storms...war to government collapse.

  • @seanreardon7564
    @seanreardon7564 6 днів тому

    I absolutely love how knowledgeable you are especially at such a young age. It’s very refreshing to see that you’re taking the time to educate people on the history and current events in gold. I watch the videos on a daily basis and absolutely love them, very fair and respectable men. Please keep the videos coming and always stay positive and kind! Happy holidays and stay blessed.

  • @jesplayero
    @jesplayero 4 дні тому

    For centuries GOLD has been an asset to have. Can't be scared right now, when it should get more valuable to have!! Let's Gooooold!! Thanks for sharing these awesome informative videos!

  • @benjamin_jacob.
    @benjamin_jacob. 5 днів тому

    Kudos for the economy talk in a calm and reasonable voice. Regardless of which direction things take cooler heads usually prevail. So keep it up

  • @Olde-Raleigh-Shoppe-NC
    @Olde-Raleigh-Shoppe-NC 6 днів тому +1

    Great video! Buying gold can be a little tricky right now, but some people are letting go of some premium pieces because of the bump in spot price.

  • @RobertLee-wi5kc
    @RobertLee-wi5kc 5 днів тому +1

    I like it when your client is doing what I call the head shake. One second he want's to buy gold, the next second he is talking about waiting till it levels off. I always tell a client there is only one reason you came in, as you already made that decision or you wouldn't be here. You really just want some kind of conformation that you are right. Then I pull out my magic 8 ball and we both laugh. I know you have to give the financial advisor wave off because when a market goes against a client they always want someone to blame as they never ever make a mistake. Great content.

  • @smiling-raccoon
    @smiling-raccoon 6 днів тому +1

    I'd love if you guys could do a video that includes some topics around inventory management. How do you keep everything organized and then also synced to your website and ebay so you dont have the same item sell in multiple places. I'm just starting to get into the amount of stuff to sell that its getting more and more difficult.

  • @fillibus11
    @fillibus11 6 днів тому +2

    just got two 2 1/2 dollar gold coins from these guys. Wonderful gentlemen!

  • @nicolasrossi5978
    @nicolasrossi5978 6 днів тому +1

    As I watch metals prices fluctuate I of course have ideas about values and what might come next. Our preferances all differ too depending on whether numismatics or more of a stackers mentality influence your collection/accumulation. For me having some numismatic value in addittion to the metal itselfs worth is important. Good to get your perspectives. Thanks for the personal perspective video a always.

  • @martelsantiques1887
    @martelsantiques1887 6 днів тому +2

    I definitely prefer pre33 gold coins over bullion. The history on the coins is interesting, plus most dates have really low mintages compared to regular coins.

  • @andrewhirsch2805
    @andrewhirsch2805 6 днів тому +1

    Currently gold is out of reach for me but pre 33 gold is beautiful for sure! Great content!

  • @slamo1804
    @slamo1804 5 днів тому

    Another great video. Refreshed my memory on what gold has done over the last 50 years, Wish you guys were closer to where I live.

  • @Indigone_Demon
    @Indigone_Demon 5 днів тому

    I like the fact that the customer has legitimate concerns that both he and you were willing to talk through.

  • @coinpharm1
    @coinpharm1 6 днів тому +2

    Gold is a hedge against inflation. With the Fed deficit increasingly growing, gold and silver as precious metals should over time continue to increase in price.

  • @philipgilkerson652
    @philipgilkerson652 6 днів тому +2

    Thanks for the gold vs dollar explanation. Enjoyed looking at the gold negotiation!

  • @Michael-Stacking
    @Michael-Stacking 6 днів тому +1

    The art of the coin deal. I learn more each time I watch your channel. 😊

  • @billseymourjr5472
    @billseymourjr5472 6 днів тому

    You guys do a wonderful job at explaining how metals follow trends and you actually give the history of the metals ups and downs. Keep up the great work you are doing to help the metals and collecting community.

  • @kwest1734
    @kwest1734 6 днів тому +1

    I definitely see the argument of gold as an investment and a hedge. I really enjoy the videos!

  • @ryananthony911
    @ryananthony911 День тому

    I really need to invest in some gold. You guys are doing great work, history and numismatics. Keep rolling on the ball!!

  • @cajunplus
    @cajunplus 23 години тому

    I like your thoughts about the future of gold and silver and your explanation of the history.

  • @Vysterion
    @Vysterion 5 днів тому

    Interesting discussion. I can definitely share the opinion of being scary to buy gold. It's just moved so much over the last year and regardless of how you think things are going economically, it can change in an instant and you end up paying more than you should.

  • @DCrockett81
    @DCrockett81 6 днів тому +1

    Very good information. I'm definitely planning on adding more gold into my collection.

  • @teddavid-wl1eo
    @teddavid-wl1eo 5 днів тому +1

    Awesome job about gold standards! Thanks

  • @chetwalters8707
    @chetwalters8707 День тому

    Thank you for the education. How do you test gold and silver? Great job.

  • @elpinchemost1
    @elpinchemost1 6 днів тому +1

    It’s interesting to hear your opinion on metals. Very nice gold coins!

  • @leslieharrison6626
    @leslieharrison6626 6 днів тому +1

    Learning a lot from you guys! Knowledge is GOLDen!

  • @chaf
    @chaf 6 днів тому +1

    Glad to see that gold eagle go to a collector who will appreciate it. Nice deal!

  • @FrancoJ69
    @FrancoJ69 5 днів тому

    Great video. Great explanation of precious metals. And great transaction. Sometimes we don’t get exactly what we want when we trade, but I has to make enough sense to both parties.

  • @jmsask
    @jmsask 6 днів тому +1

    Congratulations to the winner. Gold coins are my current favourite to buy 🍻

  • @BuffNav4269
    @BuffNav4269 5 днів тому +1

    As a newbie at 60, I can understand his hesitation but I look at it as I’m creating a legacy for my kids and grandkids, not as an investment for myself

    • @briancallahan5673
      @briancallahan5673 3 дні тому

      Leave it to whoever has an interest in coins and not money

  • @TerySnape
    @TerySnape 3 дні тому

    Sorry I don’t have any gold but I do have a question. I have a small collection of old foreign coins my dad had from his stint in the army during WW2. Many have oxidized. Would you recommend cleaning them or is the patina increase their worth! Thank you! Love your videos! So informative!!

  • @StevenDietrich-k2w
    @StevenDietrich-k2w 6 днів тому +1

    Congrats Tyler. I think a little gold in the portfolio is a good idea in the event that something hits the fan.

  • @e-brickproductions9355
    @e-brickproductions9355 5 днів тому

    Great video guys! I can’t wait to see y’all live on whatnot!

  • @robmelendrez390
    @robmelendrez390 6 днів тому

    Great video, gentlemen! I really like how you break things down where a novice can see tge bigger picture! Thank you...

  • @tomgilleland1039
    @tomgilleland1039 6 днів тому +1

    Thanks for the video, I really appreciate your candid opinions!

  • @McSilverWolff
    @McSilverWolff 6 днів тому +1

    I love graded gold. Just gold in general is beautiful regardless of shape or condition

  • @RLC-t1x
    @RLC-t1x 6 днів тому +1

    Great video lads, and some really nice pieces you have shown us. Thanks for the upload.

  • @borisbadenov8957
    @borisbadenov8957 3 дні тому

    Thanx for the explanation. Cleared a few things up.

  • @roadeagle67
    @roadeagle67 5 днів тому

    A lot of great information. How far are you from downtown Houston? I am going to switch over to bars and rounds, so I want to sell my coins. I believe that you will give a fair price.

  • @StephenYagilnicky
    @StephenYagilnicky 6 днів тому +2

    Gold is the ultimate insurance policy.

  • @1997CARDSxx
    @1997CARDSxx 6 днів тому

    Awesome video as always. I tend to ignore gold prices for any reason BESIDES purchasing bc I have no intent to sell within the next 10 years (hopefully longer) BUT I do buy when it goes “on sale”

  • @standbarrett755
    @standbarrett755 5 днів тому

    I learn something new with every video. Thanks for what you do!

  • @bluesmovers
    @bluesmovers 5 днів тому

    I am primarily a silver guy, but all precious metals are a really good asset to pursue these days.

  • @miken4606
    @miken4606 6 днів тому

    Enjoy your content as always. Thanks for taking the time.

  • @DefinitelyNotAnthony
    @DefinitelyNotAnthony 3 дні тому

    Given the volatility in the values of both the dollar and precious metals, it makes me wonder if the prices would stabilize for both if we were to revert back to a gold or silver standard, or if the volatility for both would remain

  • @Presuto
    @Presuto 5 днів тому

    Great video. Great discussion about gold thanks for sharing

  • @AKFishnFool
    @AKFishnFool 5 днів тому

    Can you do a follow up on the coins you submitted for him? I'm new to the grading submission process and would like to learn more about it.

  • @damienperry5758
    @damienperry5758 3 дні тому

    Slightly off topic but marginally relevant to the discussion: no matter what country you visit, gold and silver are easy to trade for currency. Sure you can exchange dollars for local currency, but you have to deal with the exchange rate. Travel with jewelry as an emergency fund

  • @koryburleson7191
    @koryburleson7191 6 днів тому

    I always enjoy your videos, thanks for sharing.

  • @MarkoBrletic
    @MarkoBrletic 4 дні тому

    Great job guys!! Love the info!!

  • @martyfolker-ps7nf
    @martyfolker-ps7nf 6 днів тому

    Enjoy your informational videos. A fair amount of your video time is spent educating. I see that knowledge that you are sharing as a free golden gift. Possibly keeping me from making a questionable purchase in the future 👍👌 .Personally, I'm more of a silverstacker, I'm in my 60s. I do hold a small amount of gold & bitcoin. Small amounts, late to that party as they say. Keep the good content coming guys!!

  • @joeyknish1
    @joeyknish1 5 днів тому

    Great video, a little bit of history is always helpful

  • @scottmoorman2252
    @scottmoorman2252 4 дні тому

    Another good video! Look the gold coins. Keep the good stuff coming 😬👍🏻

  • @HotJonWhatWhat
    @HotJonWhatWhat 3 дні тому

    I’ve done the same no long coin collecting selling all the old coins. but purely silver & gold melt value & gold. due to the bank is monitoring our money we deposit. It’s hard to buy & sell coin on desired value.

  • @orangezeb1659
    @orangezeb1659 6 днів тому +1

    Drew looks sleek and very professional.

  • @thetimk4720
    @thetimk4720 5 днів тому

    I enjoyed the educational portion. The physical coins hold their value more than gain value.

  • @nobakeoven
    @nobakeoven 6 днів тому

    Another great video! Thanks for the awesome content, fellas!

  • @caufingerf
    @caufingerf 6 днів тому

    Great debate with respect to my emotions do I buy more gold bullion or buy what I consider another holy grail gold coin? Then can I add a zircon case?

  • @1011Shke
    @1011Shke 6 днів тому

    I have gold. I have silver. I have stocks and treasuries. Buying on sale items, my tendency is more to gold but I am effectively out of collecting, just stacking now. Mainly govr backed...ASEs and Maples, pre-order others on sale. Good job guys, plain facts for folks watching.

  • @bryanburgess1316
    @bryanburgess1316 6 днів тому

    Always interesting and informative when you do a version like At the beginning of this video !

  • @papagiorgio_loves_bacon
    @papagiorgio_loves_bacon 6 днів тому

    when it comes to gold, is it better to get pre 33 or more recent when it comes to stacking?

  • @salcrochiola
    @salcrochiola 5 днів тому

    Great video and good content. Thank you.

  • @michaelmurphy4404
    @michaelmurphy4404 6 днів тому

    Starting to get into gold I love my numismatics coins though just bought an 1885 O morgan w/cac beautiful whit morgan thanks look forward to future deals with you two.

  • @illiniStacker
    @illiniStacker 2 дні тому

    Thanks for the content on your channel!

  • @justxgrim
    @justxgrim 11 годин тому

    Great video overall & cant wait for the next ! 🙏🏼🔥

  • @davidmalek1701
    @davidmalek1701 6 днів тому

    The prices for the gold were good. I enjoy when prices go down and take advantage of the dips.

  • @tonymclain7082
    @tonymclain7082 6 днів тому

    Thanks guys...very informative

  • @kravenfoxbodies2479
    @kravenfoxbodies2479 6 днів тому

    I like watching the rare coins you guys showcase and how you handled business at coin shows or at the office, I'm just doing loose Morgan and Peace dollars at the moment as trying to get the best looking with details and above cull closest to spot.

  • @jchihat
    @jchihat 5 днів тому

    Really enjoy this channel 😊

  • @yogiebear2920
    @yogiebear2920 6 днів тому

    Hey there you guys never seem to amaze me with the knowledge that you two have acquired in such a short time. Thank you for the updates and all the great content.and may the good Lord keep blessing you and your family God bless you both Barry.

  • @TruckerMan1979
    @TruckerMan1979 День тому

    I would love to but some 1/10 or 1/4 gold right now, but I can’t justify the high premium to myself

  • @erwinwheeler124
    @erwinwheeler124 6 днів тому

    Love you videos keep up the good work😊

  • @SamAdams1776
    @SamAdams1776 6 днів тому

    Great video, hopefully it calms some people down. There is way too much fear being talked about.

  • @samuelfoster68
    @samuelfoster68 4 дні тому

    It’s nice when people are real about numbers

  • @scottgriever6804
    @scottgriever6804 5 днів тому

    Starting to really enjoy show. Coin addiction I like it

  • @jasonbirch4238
    @jasonbirch4238 6 днів тому

    Always great coin content

  • @behemoth8889
    @behemoth8889 6 днів тому

    always fair and honest

  • @2Hisglory1
    @2Hisglory1 6 днів тому

    Gold is nice! However, I have purchased graded gold coins for an amount and then when gold prices go up and I want to sell, no one wants to pay what the gold graded coin is worth, because they're afraid the price is so unstable that if they buy it and the price drops, they lose money. Yet, I think the price is going to be higher than it was before in a very short time. Meanwhile the dealers are charging with price of what the gold will be, and it becomes impossible to buy. I'm strictly speaking about graded coins here. Like graded gold buffalos, for example, say I had bought, as an investment, a graded MS70 gold buffalo for say $2000.00. then gold goes up to over $2500.00, so, I go and try to sell it. Now the NGC shows the coin is worth $2850.00 No one want to buy it for what it's worth, they just want to pay spot or below spot, because it's not worth the investment for them. They're afraid the price is going to drop, and they've paid too much for the coin. The grade didn't change. Only spot changed. The coin is still worth more than spot. It's a perfect coin. Top Pop! So, am I supposed to lose money on my investment because that person doesn't realize the value of the coin? Then I see Gov.mint selling the same exact graded coin for over $3000.00! I'm thinking, I'm not buying that, I'd never get my money back. No matter how bad I want it. It's a roller coaster ride. Yes, gold is nice, but in this situation, silver is better. In my humble opinion. I think also, buying small pieces of gold like grams is a better move. Because if the dollar does tank you could use it as money to buy gas and food. It would be difficult to break up a $3000.00 coin to buy something. The times are a changing for sure.

  • @AndysRandomEdits
    @AndysRandomEdits 6 днів тому

    Another awesome video. I’m glad I found this channel. Very informative.

  • @knapz665
    @knapz665 6 днів тому

    Always learn something new on your videos. Keep it up!

  • @joelneves7071
    @joelneves7071 5 днів тому

    Loved hearing the negotiation aspect.

  • @jajastacha3796
    @jajastacha3796 6 днів тому

    It's interesting how the dichotomy of selling gold is there. Like you could do it at any time, but it looks nice and appreciates in general.

  • @kevingalusha2210
    @kevingalusha2210 5 днів тому

    Thank you for your content and education

  • @jasonberlinski731
    @jasonberlinski731 6 днів тому

    Really hoping to buy my first gold coin sometime soon. Cool video!

  • @phillipditto6590
    @phillipditto6590 5 днів тому

    Enjoy the content every time

  • @Jennw0101
    @Jennw0101 4 дні тому

    Great video. Awesome info about gold

  • @matthewmcferson7217
    @matthewmcferson7217 3 дні тому

    Very good video. I'm glad I found this channel.

  • @s.g.4184
    @s.g.4184 4 дні тому

    It would seem Numismatics (pcgs3000) are separate from paper bullion spot (such as Kitco pricing). Can you explain how these tend to move in a stagflationary environment?

  • @christophermccormick8670
    @christophermccormick8670 5 днів тому

    This was good insight into the pre-33 market.
    Cheers