I’ve been thinking a lot lately about investing in gold. With all the economic uncertainty, it feels like the right time to diversify. But now I’m stuck trying to decide between gold bars and gold coins
I’ve been looking into it, and from what I’ve read, both gold bars and coins have their pros and cons. Gold bars tend to be cheaper per ounce, especially if you’re buying in larger quantities, but coins seem more flexible when it comes to selling
Bars are great for larger investments since you can get them in bigger sizes. But the liquidity of gold coins is appealing. Coins can be sold off in smaller amounts, and they’re often easier to find buyers for
Plus, don’t forget that some gold coins, like Krugerrands or American Eagles, have historical or numismatic value beyond just the gold content. That can add an extra layer to their worth over time, especially if the coin becomes rare.
coins are often considered legal tender, which can sometimes be beneficial for tax purposes in certain countries. But with bars, you’re dealing with pure gold at a lower premium over spot price. It seems like coins could be better for smaller, more flexible investments, while bars might be better if you’re going all in
On one hand, I like the idea of owning something simple and straightforward, like a gold bar. But on the other hand, coins seem more versatile. Plus, they’re more recognizable, which could be helpful if I ever need to sell them quickly
I have 35% of my capital investments in an IRA, 25% in index funds, and the balance spread across other investment accts totalling over $250k. I took a big hit in Q2, 2023. Right now i am just looking for ways to recover in 2024.
There are a lot of strategies to make tongue-wetting profit especially in this down market, but such sophisticated trades can only be carried out by proper market experts
I agree with you. I started out with investing on my own, but I lost a lot of money. I was able to pull out about $200k after the 2020 crash. I invested the money using an analyst, and in seven months, I raked in almost $673,000
“Julianne Iwersen Niemann” is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for...
I feel your pain mate, as a fellow retiree, I’d suggest you look into passive index fund investing and learn some more. For me, I had my share of ups and downs when I first started looking for a consistent passive income so I hired an expert advisor for aid, and following her advice, I poured $30k in value stocks and digital assets, Up to 200k so far and pretty sure I'm ready for whatever comes..
@@AlilatTiamiyu The crazy part is that those advisors are probably outperforming the market and raising good returns but some are charging fees over fees that drain your portfolio. Is this the case with yours too?
0:00 💰 Exploring the debate between buying gold bars versus gold coins for investment purposes. 1:20 🔍 Fake gold bars are easier to make than coins, often made from tungsten and plated with gold, but coins have more detectable features. 3:19 🛡 Coins are perceived as more trustworthy due to their face value and potential legal consequences for counterfeiters. 4:46 💼 Both bars and coins have liquidity, but bars might fetch slightly lower prices when sold back. 6:28 💲 Gold bars generally have lower premiums compared to coins, offering potentially better deals for investors. 8:16 🤔 Personal preference plays a significant role in deciding between bars and coins, considering factors like trust, liquidity, and aesthetic appeal.
Here in the US ...somehow they tax cap gains on minted coins...how the hell does a govt tax a person on money they trade for.other money...I need 5, 1 dollar bills for this 5 dollar bill. Yes sir here is 4.87 in change just to change your 💵
@@hmalik5232 The Royal Mint, BullionbyPost, and countless others. There's really no shortage of sellers. London is the largest international gold trade city in the world, so if you're struggling, focus your sights onto London.
I'm watching this 11 months after release, but, the information still rings true... Personally, coins scare me because of this "extra" value(and cost) over the melt or spot price. Scares me cause stuff like that "extra" changes as a fad, or a whim of the people, or whatever you wanna call it. Bars just feel safer to me for some reason. If I by a bar, it is what it is and it's worth what it's worth, but with coins, I pay this extra, and even if the metal price stays the same, the price I can sell it for later might be less because of some reduction in the desirability... I dunno, maybe I'm looking at it wrong, but bars just feel safer to me.
Local lcs told me he sees a lot of counterfeit gold bars (in essay). They are plated several times over and can be very difficult to authenticate. He has become skeptical and for good reason. Also seen a lot of bogus ASE, Kruggs, maples (talking gold).
Yes, coins are more expensive but if you are thinking of ever using gold or silver for exchange, smaller denominations are more useful (although I doubt that would happen but you never know! There have been points in history where people barter after currency collapse).
Coins are significantly more fun to stack than bars particularly, if you have favorites or rare pieces you like to revisit. However, if you are trying to take advantage of it financially. It is waaaaaay harder to psychologically let go of coins than it is bars.
Serious Question no Flex or some something… currently i have 6000€ either for 12x 1/4oz Britannia's or 10x 10g Gold Bars what should i get? im from Europe and many people said coins more a US thing in the EU its more about Gold Bars but other channel always say get both or just bars bc coints not that good etc im new into all this 'Gold Investment' stuff 😅
@@xHighRoller you probably could have gotten 2 50gr bars for a little over 6k last year, I think that would have been a good move. It's my impression also that coins are more of U.S. thing
Gold bars you can buy for a set price over spot but its usually a small % amount. However some coins may have a "Intrinsic value" that far exceeds the spot price of gold. This depends on many factors but one example is number minted. An example of this is my 2009 ultra high relief I purchased from the mint in 2009 for $1500 or about ~$300 over a roughly ~$1200 (the spot price at the time) but now I could easily sell that same coin somewhere in the neighborhood of ~$6000 or ~$4150 over a ~$1850 gold spot price today. A gold bar purchased in 2009 would only fetch me the current spot price of gold, but usually a little over. So you have spot price and then in some instances also a intrinsic value.
exactly 100% correct. Coins get more premium, bars you can get better value IMO. But Coins do have value if you think we're going to have a economic collapse of epic propositions.
Pandas are know to not be manufactured to guarantee the minimum weight. You often find them 0.1 gram underweight. Other bars and coins are often a bit over the stated weight
I own both bars and coins however I think that coins are a much better choice if you are planning on using them as currency should there be another great depression or a black swan event. I also think that buying coins in the lowest weight is preferable if you are buying for a SHTF scenario. I'd rather barter with a 1/4 oz Gold coin than a 1 oz for obvious reasons. Silver coins probably need to be minimum 1oz and are probably the best choice if you do intend to ever use a precious metal to buy food and other essentials when the world economy crashes. This sounded like the talk of preppers and conspiracy theorists a few short years ago, but now we can actually see that the world is headed for financial ruin, and if you hold paper gold or silver, stocks or cash in the bank, then you could stand to lose it all. I plan on investing a considerable amount into both Gold and Silver coins now, probably 1/4 oz Gold Coins and 1 oz Silver coins. I don't care about the designs on them, or the collectability of certain limited edition coins, I only care about spot value. In the coming Mad Max world the guy running the local supply store won't care whether it's an Eagle or a picture of Joe Biden on the coin, as long as the spot value is there.
In a SHTF moment all forms of currency won’t matter. 😂 gold, like all forms of money, are just a medium for trade who’s value is only promised by an organization as a promissory note. Physical assets will always be the best bet for a SHTF case.
I am having a very difficult time understanding why any of the gold that's 24 karat would be worth less.I mean 22 karat verses 24 karat.Someone please explain this fenomena.
Bullion aka bars will have less of a premium but also less of a numismatic value, however gold bullion coins are usually minted in 22K ie the American Eagle. It's about preference really. Or look at coins as more of a collectable way, and bars as just pure investment/stacking.
I've been looking into cryptocurrency investments, but I'm still unsure about the best and safest way to go about it. Any advice or insights you could share?
Gold Sovereign coins are semi numismatic, and Legal Tender in the UK. They have a default face value of £1, even if it is not stated on the coin. It replaced the guinea. In the UK, you need to consider CGT when making purchases. And with silver and platinum, VAT as well.
I personally like the Britannia's the best and even the Britannia bar is an attractive bar for a much lower premium. The US coins have too high a premium for my taste.
I agree, also the "laser etched " hologram is a nice little extra security addition. And i like how they are 24k instead of 22k like some of the others.
There are a few coins I pick up, but as my primary concern is bullion stacking, I'd go with the bar more so. At least from reputable dealers and some assurance of getting what is advertised. I don't have the time or patience to try and deal with questionable sources, and as the intent isn't to "invest", but to just hold unless the economy crashes, the bullion would be more flexible than coins. Now, the Goldbacks might be another matter, as they seem to be gaining popularity as well as more people are beginning to accept them, at least in a barter type environment. Though the premiums are a bit high, the potential for being a barter item during economic crisis, is significant. As with silver, they provide a means of exchange in smaller denominations while still having a physical and immediate value attached to them, being made with precious metals. As you said, it comes down to personal preference and how one wants to see precious metals.
buy the sigma machine for the piece of mind that you can buy or sell to anyone. even if you don't choose to do so now, and if the economy crashed you would need to have it anyway, and you can always sell it for a little bit less than market value as used, i paid $1545 new for a sigma machine that now costs $1990, so even used i can sell it easy for $1800 so my machine just went up in value with inflation as well
There are plenty of fake of both gold coins and bars. I almost always prefer the look of the coins myself. As a weird twist Canada issues some gold bars with a face value. Thanks!
seems like some of this only applies to minted bars and might not be relevant to cast bars. people seem to worry a lot about removing mint bars from their assay packaging, so cast bars seem less stressful
i also agree with someone's earlier comment that if you're buying coins for their beauty, you might be less willing to part with them. so i guess part of the consideration is whether you collect as a hobby versus a form of holding your money that you intend to spend later on
don't buy pre-33 gold until you know how to evaluate the condition, and if it is genuine. even coins in "slabs" can be incorrectly graded. so you have to know. just buy Eagles or Maples and put them away.
I'm in Canada so for gold, I'd say 1/4 or 1/10 ounce coins are best cus that way you can avoid capital gains tax when you go to sell them in the future. (less than 1000$ per coin most likely which is exempt from capital gains here) I got some 1 oz coins but I got the 99999 pure RCM coins and they usually go for a bit of a premium after 5 years or so and I plan on selling them privately over time and the money will just be used for everyday things so it cant be traced really... If your just doing it for a short term investment, then ya go for bars or what ever; kinebars and pamp suisse seem to be the most popular just stay away from american gold eagles and krugarands because they are .916 pure so unless you're in the US, theres a good chance you'll be taxed. A lot of places will tax gold at lower purities, like where I am it's taxed if its below 995 purity.
I wonder if there was ever a situation where a person bought a gold coin from a reputable dealer and sometime later the exact coin was brought back to the same dealer and was deemed counterfeit.
For the everyday investors, Is it better to buy common gold bullion coins or premium gold coins???? I've been told it's better in the long run to purchase Premium precious metals like gold and silver. I know premium coins are more expensive. Thanks. -- Ray
Cheryl- it is a loss and it's a darn shame how these shops, dealers and Mints speak so nice on the phone or in person, but the minute you go to sell them your 999.9 fine gold bar; they will all STIFF YOU hard with no vaseline! Sorry to be so descriptive however I am a bit angry at this current manipulative Gold/Silver Devil Industry here in the U.S.A.
In Norway this is pretty simple: We have a 25% in value added tax on gold and silver bars, but not on gold and silver coins. Therefore the only logical option for us is coins.
I think you didn’t cover another aspect as to why one would prefer one over another. There are many women including me who would have their gold converted into jewelry. In that case buying a bar makes much more sense due to the purity since American eagle purity is slightly lower than bar. So the final purpose of buying gold also plays a big part.
@@invisibleman7971 why is that funny? These bars are the most liquid and easiest to sell because you can into a jewelry shop and get rid of it. Only collectors are interested in coins and try selling that when the price is high? Collectors are stingy bastards. Spot price is fake, your gold can’t be sold at that price. Or even realistically bought.
Bars take up more space due to the packaging. It is both convenient and protective to store coins in tubes. If bars don't come in packaging you can very easily knock and badly dent them on your vault when you take them out.
I have a 5oz silver bar found a plastic case just like for the coins sunshine minting it stores pretty easily. Pretty sure someone out there makes a tube for square bars. The biggest downside is the pricing.
I like the Combibars, from various minters. These are (for example) 50g. bars that can be broken into 1g. pieces, just like a chocolate bar. Buying a 50g. bar means that you're only paying a small premium over gold spot prices, they seem to be popular and easy to trade, backed by reputable minters, and the 1g. pieces are convenient if you'll ever have to barter with your gold.
I came across some nice comments about her on UA-cam and I gave it a shot! I didn't believe in bitcoin before Thanks for introducing me to Mrs Lynne Ellen rule she is good
Weight matters a lot too. If you can get bigger bars, you're paying less per Oz. But since it's hard to fing coins bigger than 1oz, maybe that comparison is a bit unfair. Still, worthwhile to point out bigger bars are cheaper, if you can afford it
But gold purchased from the main reputable dealers should be easily sold to banks at market value. But it is not! The buyers are at tremendous disadvantage vs Gold/Silver Shops, Dealers and Mints. I'm at the point of just melting my bars into solid jewelry and be done with this wicked and evil industry.
I buy my gold and silvers to a very reputable bullion dealer. I do not buy anything from ebay. As a stacker, I prefer both gold bars and coins. I only buy 1 OZ at a time or sometime more if it is on sale. The big difference for me when I buy gold bar & gold coin is that, I get to touch with my fingers the gold coin, and the joy it gives me knowing I own it, before putting it in a capsule. On the the gold bar, I never remove it from the package with the assay card to preserve it's value for future resale. I really wish I could remove it from the package and just be able to touch it with my fingers just like the coins. What do you think? Anyway, let's go stack some more!
You forget that stste sales tax is charged on minted sovereign coins in my state that is 7.75 % a desl breaker , on a 2000.00 dollar Buffalo thats 155.00 on top of the premium above spot . The only way around this is to trade , silver our Gold in bars for a minted coin .so that 2000.00 dollar buffalo turns into 2155.00 minus spot of 1880.00 is a 275.00 loss typically a shop will pay 30.00 to 40.00 above spot on a buffalo so your looking at a net negative of 235.00 to 245.00 per Buffalo , verses a 1 oz bar that you can get on sale for 30.00 to 60.00 above spot .Bars make more sense and than trade for a sovereign coin better yet trade silver bars for gold coins at a favorable moment and you can usually do pretty well. .
The fact of the matter is, we lower end buyers of Gold and or Silver are being prison pumped (with NO VASELINE) by these Gold/ Silver Shops, Dealers and Mints. They hold all the cards to manipulate the value and then have the nerve to short change you if you sale. There must be a better way for the low end (limited income) buyer to participate in investing in Gold/ Silver to be protected from the cheats in the industry. I am both annoyed and disgusted by the current Gold/Silver sell arrangement. Folks, we are being screwed over in this game! Sorry about any typos.
It's also a spacing issue as well, id only hold so much physical gold if the fiat market crashes making them worth tens of thousands or hundreds of thousands of dollars.
I prefer 1oz coins vs bars too. I can take out and feel, touch, and hold it. The bars packaging sucks, all u feel is plastic. The PAMP SUISSE is the worst, the protective layer very easy to come off end up many bubbles like a phone screen protector.
Moral of the story buy from a good dealer. Personally, I buy all my coins on eBay from VERY respectable dealers who have thousands of reviews. I also check their websites and read reviews.
I just started stacking silver recently and I only have one gold coin and it's a quarter ounce Australian kangaroo. I'm now considering buying my first one ounce gold coin. I really like the 24 carat ones and I think the Britannia is one of the most beautiful. I'm considering buying a Swiss bar, a Britannia or a maple leaf. I don't really care for the color of the American eagles. And they're not 24 karat either. I know at the end of the day it isn't that important but I just prefer the 24K stuff.
Before I watch this] I know coins have higher premiums but I'm watching this to see if the higher premium is worth spending the extra money to potentially get more later but bars are my preferred way cause it's premiums are lower
In the town I live in no one wants to buy gold bars. They want mostly American minted coins and Canadian maples. I have head this can be an issue in other locations. In a big city it most likely isn't a problem. If you don't want to travel far in the future you should check from your local coin shop if they take gold bars.
I’ve been thinking a lot lately about investing in gold. With all the economic uncertainty, it feels like the right time to diversify. But now I’m stuck trying to decide between gold bars and gold coins
I’ve been looking into it, and from what I’ve read, both gold bars and coins have their pros and cons. Gold bars tend to be cheaper per ounce, especially if you’re buying in larger quantities, but coins seem more flexible when it comes to selling
Bars are great for larger investments since you can get them in bigger sizes. But the liquidity of gold coins is appealing. Coins can be sold off in smaller amounts, and they’re often easier to find buyers for
Plus, don’t forget that some gold coins, like Krugerrands or American Eagles, have historical or numismatic value beyond just the gold content. That can add an extra layer to their worth over time, especially if the coin becomes rare.
coins are often considered legal tender, which can sometimes be beneficial for tax purposes in certain countries. But with bars, you’re dealing with pure gold at a lower premium over spot price. It seems like coins could be better for smaller, more flexible investments, while bars might be better if you’re going all in
On one hand, I like the idea of owning something simple and straightforward, like a gold bar. But on the other hand, coins seem more versatile. Plus, they’re more recognizable, which could be helpful if I ever need to sell them quickly
I have 35% of my capital investments in an IRA, 25% in index funds, and the balance spread across other investment accts totalling over $250k. I took a big hit in Q2, 2023. Right now i am just looking for ways to recover in 2024.
There are a lot of strategies to make tongue-wetting profit especially in this down market, but such sophisticated trades can only be carried out by proper market experts
I agree with you. I started out with investing on my own, but I lost a lot of money. I was able to pull out about $200k after the 2020 crash. I invested the money using an analyst, and in seven months, I raked in almost $673,000
This is all new to me, where do I find a fiduciary, can you recommend any??
“Julianne Iwersen Niemann” is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an email shortly.
I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for...
I feel your pain mate, as a fellow retiree, I’d suggest you look into passive index fund investing and learn some more. For me, I had my share of ups and downs when I first started looking for a consistent passive income so I hired an expert advisor for aid, and following her advice, I poured $30k in value stocks and digital assets, Up to 200k so far and pretty sure I'm ready for whatever comes..
@@AlilatTiamiyu That's actually quite impressive, I could use some Info on your FA, I am looking to make a change on my finances this year as well
@@johnawara9719 My advisor is VICTORIA CARMEN SANTAELLA;
You can look her up online
@@AlilatTiamiyu The crazy part is that those advisors are probably outperforming the market and raising good returns but some are charging fees over fees that drain your portfolio. Is this the case with yours too?
0:00 💰 Exploring the debate between buying gold bars versus gold coins for investment purposes.
1:20 🔍 Fake gold bars are easier to make than coins, often made from tungsten and plated with gold, but coins have more detectable features.
3:19 🛡 Coins are perceived as more trustworthy due to their face value and potential legal consequences for counterfeiters.
4:46 💼 Both bars and coins have liquidity, but bars might fetch slightly lower prices when sold back.
6:28 💲 Gold bars generally have lower premiums compared to coins, offering potentially better deals for investors.
8:16 🤔 Personal preference plays a significant role in deciding between bars and coins, considering factors like trust, liquidity, and aesthetic appeal.
I invested in gold bars some years ago. I bought 5kg and it’s only ever increased in value. Yippee!!
What u gonna do with it ?
Thank you for the solid advice. Turning some funds to gold and silver soon.
In the UK I believe the bigger difference is the minted coins are free of capital gains tax!
Could be considerable over long periods of time
Here in the US ...somehow they tax cap gains on minted coins...how the hell does a govt tax a person on money they trade for.other money...I need 5, 1 dollar bills for this 5 dollar bill. Yes sir here is 4.87 in change just to change your 💵
Yes, BUT coins are more expensive.
Where do you buy gold in the uk. Online?
@@hmalik5232 The Royal Mint, BullionbyPost, and countless others. There's really no shortage of sellers. London is the largest international gold trade city in the world, so if you're struggling, focus your sights onto London.
I'm watching this 11 months after release, but, the information still rings true... Personally, coins scare me because of this "extra" value(and cost) over the melt or spot price. Scares me cause stuff like that "extra" changes as a fad, or a whim of the people, or whatever you wanna call it. Bars just feel safer to me for some reason. If I by a bar, it is what it is and it's worth what it's worth, but with coins, I pay this extra, and even if the metal price stays the same, the price I can sell it for later might be less because of some reduction in the desirability... I dunno, maybe I'm looking at it wrong, but bars just feel safer to me.
I completely agree with you
Local lcs told me he sees a lot of counterfeit gold bars (in essay). They are plated several times over and can be very difficult to authenticate. He has become skeptical and for good reason. Also seen a lot of bogus ASE, Kruggs, maples (talking gold).
Metalor gold bars.
Yes, coins are more expensive but if you are thinking of ever using gold or silver for exchange, smaller denominations are more useful (although I doubt that would happen but you never know! There have been points in history where people barter after currency collapse).
@@Jalleur14325I think small gold bars, and silver coins for liquidity to get out of a SHTF situation.
Coins are significantly more fun to stack than bars particularly, if you have favorites or rare pieces you like to revisit. However, if you are trying to take advantage of it financially. It is waaaaaay harder to psychologically let go of coins than it is bars.
Serious Question no Flex or some something… currently i have
6000€ either for
12x 1/4oz Britannia's
or
10x 10g Gold Bars
what should i get? im from Europe and many people said coins more a US thing in the EU its more about Gold Bars but other channel always say get both or just bars bc coints not that good etc im new into all this 'Gold Investment' stuff 😅
@@xHighRoller In either case I'd move up to the one ounce size and ditch some of the high premium you'll pay with fractional sizes.
@@xHighRoller you probably could have gotten 2 50gr bars for a little over 6k last year, I think that would have been a good move.
It's my impression also that coins are more of U.S. thing
The issue now is will Gold have same high as now within next 10-15 years 🤔
I’d love to see this exact same video for silver! Thanks!
Keep saving until you can get gold..
Buy both if you can and same with silver
Why not both! I like some variety in my stack.
Gold bars you can buy for a set price over spot but its usually a small % amount. However some coins may have a "Intrinsic value" that far exceeds the spot price of gold. This depends on many factors but one example is number minted. An example of this is my 2009 ultra high relief I purchased from the mint in 2009 for $1500 or about ~$300 over a roughly ~$1200 (the spot price at the time) but now I could easily sell that same coin somewhere in the neighborhood of ~$6000 or ~$4150 over a ~$1850 gold spot price today. A gold bar purchased in 2009 would only fetch me the current spot price of gold, but usually a little over. So you have spot price and then in some instances also a intrinsic value.
exactly 100% correct. Coins get more premium, bars you can get better value IMO. But Coins do have value if you think we're going to have a economic collapse of epic propositions.
What made the huge jump in value?
@@coyfpv1271bars are better. When you go to sell, they don't care about intrinsic value. Only the gold. Speaking from experience.
The best takeaway from this: "Don't buy pandas."
The purity of both the Chinese and Russian gold coins are questionable.
Avoid purchasing both these coins.
When in doubt, there is no doubt.
Why is that on pandas!!!????
I would never think about this!!!
Pandas are know to not be manufactured to guarantee the minimum weight. You often find them 0.1 gram underweight. Other bars and coins are often a bit over the stated weight
China :(
Thanks for a good video and good topic without any politics.
One reason is you can get coins out of the packet. The trouble with those packaged bars is that they lose value and are harder to test for a start.
Not all bars are in sealed packets
You can test bars through the packaging
@@eazye519not always true. Many shops use a drop of acid.
Why would they lose value?
@@JoshMiller-ou5mmIf the seal is broken, most buyers want the seals for resale.
go for the cheapest trusted bar, investing in gold is not an emotional thing
Absolutely!
I own both bars and coins however I think that coins are a much better choice if you are planning on using them as currency should there be another great depression or a black swan event. I also think that buying coins in the lowest weight is preferable if you are buying for a SHTF scenario. I'd rather barter with a 1/4 oz Gold coin than a 1 oz for obvious reasons. Silver coins probably need to be minimum 1oz and are probably the best choice if you do intend to ever use a precious metal to buy food and other essentials when the world economy crashes. This sounded like the talk of preppers and conspiracy theorists a few short years ago, but now we can actually see that the world is headed for financial ruin, and if you hold paper gold or silver, stocks or cash in the bank, then you could stand to lose it all. I plan on investing a considerable amount into both Gold and Silver coins now, probably 1/4 oz Gold Coins and 1 oz Silver coins. I don't care about the designs on them, or the collectability of certain limited edition coins, I only care about spot value. In the coming Mad Max world the guy running the local supply store won't care whether it's an Eagle or a picture of Joe Biden on the coin, as long as the spot value is there.
Exactly! 💯
😵💫
since you also have bars what are the positive on them I see them as closer to spot in price
In a SHTF moment all forms of currency won’t matter. 😂 gold, like all forms of money, are just a medium for trade who’s value is only promised by an organization as a promissory note. Physical assets will always be the best bet for a SHTF case.
@@DariusJones05 meaning food fuel and ammo ?
Why not buy both?
Thanks for the primer.
Where I live, there's sales tax on coins, but not on bars. That ups the price of coins dramatically. Bars all the way.
That's very strange since coins are a legal tender. Can I ask where you are referring to?
@@paulwhat322 Minnesota
heh
in my country silver is not considered investment, so spread due to taxes is about 30% of whole price -_-
Cool vid man thanks
Other than the Buffalo or the Maple Leaf, The gold bars are pure gold !!! 24 karat pure !!!
I am having a very difficult time understanding why any of the gold that's 24 karat would be worth less.I mean 22 karat verses 24 karat.Someone please explain this fenomena.
Britannia is 99.99
@@milkspotscausemetospazzout6813 sure, but what is a fenomena?
thanks this really helped a lot!
Bullion aka bars will have less of a premium but also less of a numismatic value, however gold bullion coins are usually minted in 22K ie the American Eagle.
It's about preference really. Or look at coins as more of a collectable way, and bars as just pure investment/stacking.
I have found through experiences that a lot of places will at most pay 90% spot for the fractional bars like the 2.5g
right. they are hard to sell. save up to buy a larger size coin, like 1/4, 1/2, or 1oz.
I love the fractional bars, shame they suck so hard in terms of pricing.
I love the Geiger square gold bars. Truly a work of art
Thanks for the info
At online dealers, the bars are $50 cheaper than the coins using todays $1800 spot price and buying with their weekly deals.
I've been looking into cryptocurrency investments, but I'm still unsure about the best and safest way to go about it. Any advice or insights you could share?
Talking to an expert like Maren Hilda Authurs to reshape your portfolio is a very smart move.
Bitcoin hitting 100k. So much in regret i did not invest
My husband is really making alot of money from cryptocurrency investment. I could ask him to teach me.
I tried trading alone. My capital was lost.
I do see it that forex and crypto trading is one of the profitable money exchange services that elevates investors and their financial status.
Thank you! Very helpful
Reach EMILIA E ARIAS for assistance just search the name online. They are, an approved dealer ✅
Gold Sovereign coins are semi numismatic, and Legal Tender in the UK. They have a default face value of £1, even if it is not stated on the coin. It replaced the guinea.
In the UK, you need to consider CGT when making purchases. And with silver and platinum, VAT as well.
I personally like the Britannia's the best and even the Britannia bar is an attractive bar for a much lower premium. The US coins have too high a premium for my taste.
Just picked up a 2022 ounce Britannia it’s beautiful
The Britannia has a higher gold content as well.
Britannia’s are Gorgeous!
I agree, also the "laser etched " hologram is a nice little extra security addition. And i like how they are 24k instead of 22k like some of the others.
I buy both, bars and coins, silver and gold. Diversity
There are a few coins I pick up, but as my primary concern is bullion stacking, I'd go with the bar more so. At least from reputable dealers and some assurance of getting what is advertised. I don't have the time or patience to try and deal with questionable sources, and as the intent isn't to "invest", but to just hold unless the economy crashes, the bullion would be more flexible than coins. Now, the Goldbacks might be another matter, as they seem to be gaining popularity as well as more people are beginning to accept them, at least in a barter type environment. Though the premiums are a bit high, the potential for being a barter item during economic crisis, is significant. As with silver, they provide a means of exchange in smaller denominations while still having a physical and immediate value attached to them, being made with precious metals.
As you said, it comes down to personal preference and how one wants to see precious metals.
buy the sigma machine for the piece of mind that you can buy or sell to anyone. even if you don't choose to do so now, and if the economy crashed you would need to have it anyway, and you can always sell it for a little bit less than market value as used, i paid $1545 new for a sigma machine that now costs $1990, so even used i can sell it easy for $1800 so my machine just went up in value with inflation as well
There are plenty of fake of both gold coins and bars. I almost always prefer the look of the coins myself. As a weird twist Canada issues some gold bars with a face value. Thanks!
Obviously coins, both silver and gold. It adds to the immersion when using them during D&D sessions with my nerd friends.
I want to play fantasy RPG with you if you are using real coins!
Hahaha :) Surely they would like silver pirate marked bars though:)
Hello, I prefer the new Britania coin because of the security features. Like the trident that you can only see from certain angles.
and the Britannia are such beautiful coins. 👍
I've only just started to stacking and have decided to stick the Britannia coins as they updated them with more security marks and I live in the uk
seems like some of this only applies to minted bars and might not be relevant to cast bars. people seem to worry a lot about removing mint bars from their assay packaging, so cast bars seem less stressful
i also agree with someone's earlier comment that if you're buying coins for their beauty, you might be less willing to part with them. so i guess part of the consideration is whether you collect as a hobby versus a form of holding your money that you intend to spend later on
Thanks for the info brother have a great Monday
Great video! I like both, but coins are more fun and historical.
3:29 did I just see a piece chip off 😮
Coins for me. I especially love the pre-33. I’m not into bars in that plastic assay package. Just a personal preference.
don't buy pre-33 gold until you know how to evaluate the condition, and if it is genuine. even coins in "slabs" can be incorrectly graded. so you have to know. just buy Eagles or Maples and put them away.
Yes. Agree. Also coins are legal tender and don't generate capital gains tax, at least in the UK.
I'm in Canada so for gold, I'd say 1/4 or 1/10 ounce coins are best cus that way you can avoid capital gains tax when you go to sell them in the future. (less than 1000$ per coin most likely which is exempt from capital gains here)
I got some 1 oz coins but I got the 99999 pure RCM coins and they usually go for a bit of a premium after 5 years or so and I plan on selling them privately over time and the money will just be used for everyday things so it cant be traced really...
If your just doing it for a short term investment, then ya go for bars or what ever; kinebars and pamp suisse seem to be the most popular just stay away from american gold eagles and krugarands because they are .916 pure so unless you're in the US, theres a good chance you'll be taxed. A lot of places will tax gold at lower purities, like where I am it's taxed if its below 995 purity.
Choose wisely...
If we gotta resell the metal to a bank (because banks easily buy it from people without many restriction)
Is bullion better or the coin?
this was quite helpful. I appreciate your knowledge in this field.
You have some nice pieces of gold there my friend !! Thanks for sharing !!
For 1/4 oz and 1 oz go for coins. If you have a solit coin stack, you can start with bars (100g+) ...
Great content thanks SD
Save this post for reference. Good topic to discuss. I prefer bullion over bars, personal preference. Thanks for the post!
I wonder if there was ever a situation where a person bought a gold coin from a reputable dealer and sometime later the exact coin was brought back to the same dealer and was deemed counterfeit.
For the everyday investors, Is it better to buy common gold bullion coins or premium gold coins???? I've been told it's better in the long run to purchase Premium precious metals like gold and silver. I know premium coins are more expensive. Thanks. -- Ray
Reach EMILIA E ARIAS for assistance just search the name online. They are, an approved dealer ✅
It seems like it's a loss if the price to off load doesn't cover the premium cost when the coin was purchased.
Cheryl- it is a loss and it's a darn shame how these shops, dealers and Mints speak so nice on the phone or in person, but the minute you go to sell them your 999.9 fine gold bar; they will all STIFF YOU hard with no vaseline! Sorry to be so descriptive however I am a bit angry at this current manipulative Gold/Silver Devil Industry here in the U.S.A.
In Norway this is pretty simple: We have a 25% in value added tax on gold and silver bars, but not on gold and silver coins. Therefore the only logical option for us is coins.
Gold Eagles and Junk are where it's at for me but I'm surprised not much talk about platinum with the price dip lately.
The buy/sell spread on platinum is quite large. It has kept me from investing in it. Giving away 10%+ is a no-no.
I think you didn’t cover another aspect as to why one would prefer one over another. There are many women including me who would have their gold converted into jewelry. In that case buying a bar makes much more sense due to the purity since American eagle purity is slightly lower than bar. So the final purpose of buying gold also plays a big part.
Jewelry 🤣
@@invisibleman7971 why is that funny? These bars are the most liquid and easiest to sell because you can into a jewelry shop and get rid of it. Only collectors are interested in coins and try selling that when the price is high? Collectors are stingy bastards. Spot price is fake, your gold can’t be sold at that price. Or even realistically bought.
@@TheBooban hee literally just showed a shop that will pay spot for certain coins
Bars take up more space due to the packaging. It is both convenient and protective to store coins in tubes. If bars don't come in packaging you can very easily knock and badly dent them on your vault when you take them out.
I have a 5oz silver bar found a plastic case just like for the coins sunshine minting it stores pretty easily. Pretty sure someone out there makes a tube for square bars. The biggest downside is the pricing.
If your worried about space on one oz gold bars you either have A LOT of gold bars or a really small safe
Why the use of gloves? Can you really damage them touching them directly?
You can never rely on getting the premium back when you go to sell.
Ain't gonna happen.
I have about a 50/50 mix. Several years ago French 20 and 40 Franc coins were a bargain, but those days are long gone.
small gold like 20Fr, 20M, 20Lire, sovs, etc. are really cheap v/s melt right now. plenty avail.
I like the Combibars, from various minters. These are (for example) 50g. bars that can be broken into 1g. pieces, just like a chocolate bar. Buying a 50g. bar means that you're only paying a small premium over gold spot prices, they seem to be popular and easy to trade, backed by reputable minters, and the 1g. pieces are convenient if you'll ever have to barter with your gold.
Canadian prepper did a review on that! You'd think for thousands of $$$, they'd package it in a better "dispenser"...🤔
@@EroticOnion23 What, like a Pez dispenser?
@@kaasmeester5903 i have seen those already,look it up its wild
‘’Courage taught me no matter how bad a crisis gets ... any sound investment will eventually pay off." - Carlos Slim Helu
I came across some nice comments about her on UA-cam and I gave it a shot! I didn't believe in bitcoin before Thanks for introducing me to Mrs Lynne Ellen rule she is good
I think you should consider being a UA-camr and have your own channel. You share some good tips for strategic investments.
I'm keen on trying this out. Thank you all for the information
@Dan Romero I've seen a lot of recommendation about Mrs Lynne Ellen rule, please can I have her info? I want to invest £2000
I have made research about her and I found that her tradings are top notch.
Weight matters a lot too. If you can get bigger bars, you're paying less per Oz. But since it's hard to fing coins bigger than 1oz, maybe that comparison is a bit unfair.
Still, worthwhile to point out bigger bars are cheaper, if you can afford it
bars are easier to sell...as long u have the original receipt , dont open the seal, u can sell to the bank u bought it easily
But gold purchased from the main reputable dealers should be easily sold to banks at market value. But it is not! The buyers are at tremendous disadvantage vs Gold/Silver Shops, Dealers and Mints. I'm at the point of just melting my bars into solid jewelry and be done with this wicked and evil industry.
I buy my gold and silvers to a very reputable bullion dealer. I do not buy anything from ebay. As a stacker, I prefer both gold bars and coins. I only buy 1 OZ at a time or sometime more if it is on sale. The big difference for me when I buy gold bar & gold coin is that, I get to touch with my fingers the gold coin, and the joy it gives me knowing I own it, before putting it in a capsule. On the the gold bar, I never remove it from the package with the assay card to preserve it's value for future resale. I really wish I could remove it from the package and just be able to touch it with my fingers just like the coins. What do you think? Anyway, let's go stack some more!
Top video learning everyday keep them videos up love stacking 💯
Another great video. Thanks dragon
Wow more amazing Gold Video friend
Thank you for this information. I'll definitely put it into consideration as my focus will be on gold after the new year.
You forget that stste sales tax is charged on minted sovereign coins in my state that is 7.75 % a desl breaker , on a 2000.00 dollar Buffalo thats 155.00 on top of the premium above spot . The only way around this is to trade , silver our Gold in bars for a minted coin .so that 2000.00 dollar buffalo turns into 2155.00 minus spot of 1880.00 is a 275.00 loss typically a shop will pay 30.00 to 40.00 above spot on a buffalo so your looking at a net negative of 235.00 to 245.00 per Buffalo , verses a 1 oz bar that you can get on sale for 30.00 to 60.00 above spot .Bars make more sense and than trade for a sovereign coin better yet trade silver bars for gold coins at a favorable moment and you can usually do pretty well. .
i like it . Good education video on gold
Personal preference.
Always purchase from a reputable dealer.
Any drawback to stacking nuggets?
The fact of the matter is, we lower end buyers of Gold and or Silver are being prison pumped (with NO VASELINE) by these Gold/ Silver Shops, Dealers and Mints. They hold all the cards to manipulate the value and then have the nerve to short change you if you sale.
There must be a better way for the low end (limited income) buyer to participate in investing in Gold/ Silver to be protected from the cheats in the industry. I am both annoyed and disgusted by the current Gold/Silver sell arrangement. Folks, we are being screwed over in this game!
Sorry about any typos.
It's also a spacing issue as well, id only hold so much physical gold if the fiat market crashes making them worth tens of thousands or hundreds of thousands of dollars.
I prefer 1oz coins vs bars too. I can take out and feel, touch, and hold it. The bars packaging sucks, all u feel is plastic. The PAMP SUISSE is the worst, the protective layer very easy to come off end up many bubbles like a phone screen protector.
Still need to pick up my first ounce of gold. Have a few goldbacks but mostly silver. Hopefully next year. Definitely following your tips on buying.
I just bought gold backs as well, I live here in Utah and found out there are very few places that sell them. Pretty cool 😎
Where and who is the safest place to buy wold bars and coins
awesome video. appreciate the knowledge. new subscriber here
I love the royal Canadian mint 1 oz gold bars!
Moral of the story buy from a good dealer. Personally, I buy all my coins on eBay from VERY respectable dealers who have thousands of reviews. I also check their websites and read reviews.
Very helpful video
I just started stacking silver recently and I only have one gold coin and it's a quarter ounce Australian kangaroo. I'm now considering buying my first one ounce gold coin. I really like the 24 carat ones and I think the Britannia is one of the most beautiful. I'm considering buying a Swiss bar, a Britannia or a maple leaf. I don't really care for the color of the American eagles. And they're not 24 karat either. I know at the end of the day it isn't that important but I just prefer the 24K stuff.
Raw placer is the way. Why pay intrinsic value?
Coins are just more fun to have. If you have the money and don’t mind get the coin.
Where you buy silver?
what should i buy if i just want to start out
I like both but I like bars that can stack and not in the assays
So gold coin is the best choice from the bar or bar ????
What about government minted bars vs government minted coins? Such as The Royal Mint Buillon
So what’s wrong with bars again?
All that plastic in the assay holder is annoying.
I’m stacking cause of 50 years down the line not for my lifetime. Cause I know it will be up on price so it won’t matter .
Before I watch this] I know coins have higher premiums but I'm watching this to see if the higher premium is worth spending the extra money to potentially get more later but bars are my preferred way cause it's premiums are lower
In the town I live in no one wants to buy gold bars. They want mostly American minted coins and Canadian maples. I have head this can be an issue in other locations. In a big city it most likely isn't a problem. If you don't want to travel far in the future you should check from your local coin shop if they take gold bars.
I know bars have serial numbers, so they can be identified. Do coins have serial numbers?
if your looking at the britannia gold bar instead of a standard bar what would your thoughts be then
I like both myself! Gold coins have more of a design usually though.
A menos que seas millonario para tenerlas de lujo.. las barras son el mismo oro para respaldar el dinero, algún día se tendrán que vender.
Where i can buy gold bars or gold coin