“Spend without spending”. Absolutely spot on. Some of us have an uncontrollable urge to collect. Gold seems to be the path to collect without wasting money.
Yes....That is what i am doing right now..I have a gambling problem by now....And If i need to go to play slots or casino i change my way and stop in a coin shop,buy some gold coins and back home.I sleep well every night.Congrats from Spain.
Thank you for your videos I’m learning a lot from the sovereigns that I started collecting. I have a lots of silver that I’m going to trade for gold, keep doing those videos a love to watch them…
I like you're videos very much. I started collecting fractional bullion coins last year and didn't get much, just few kangaroos and Austrian ducats. I'm still learning basic about collecting gold coins in general and you're videos are precious to us newbies from Europe. Thank you and keep good work. Best regards from Croatia.
Hello Numistacker, Thank you for this video . You summed me up in a nutshell. I used to collect old British pre-decimal coins when I was a child. Dirty old Victorian 1d coins. Now I have a fair bit of spare money , I have just taken the plunge and have started to buy gold bullion coins. I done the maths and I have around £7K spare money each Year after all my outlays. I LOVE your comment. You can store a lot of money value of gold in a small space. Thank you for your video's
Love the video I’m in my late forties and found a lot of similarities with what you said. I’m in the research phase I suppose in coin collecting game. Enjoying you videos Thank you.
Some Gold and Silver as part of a 'wealth portfolio' is fine and likely to at least break you even over the long term... Plus, if a big crash ever comes you've got something to trade. You can't trade part of your house, or part of your car, but you can always trade a few coins or precious metal bars...
investors are collectors, and collectors are investors. there's no trade secrets or hidden codes in collecting and investing in gold and silver bullion. just do it at your own risk.
With all 1937 Sovs on the start screen - you suggested collecting instead of metal investing. Being honest, your collection made my so jealous of, not envious of. You made a good tutorial for people to know what one would need to get into this door.
great video for us newbies starting off in the serious coin collecting game. ive collected since a young boy, recently in the last few years i have collected many different coins, from silver celtic, to medieval hammered coins, though i really like my victorian soverign and half. i have purchased 2 gold american coins, a 2.5 indian, and a 5 dollar indian. id love to be able to build my collection upto a good standard, i had an accident a few years ago and needed two spine operations so i now have so much time to really study numismatics properly. ive not sold any of my coins, i vowed not to ever sell...however im starting to think down the line of selling some of my ancient coins, like my listers head silver unit, some hammereds and some of my roman silvers to then invest in some more gold. thanks for sharing your knowelege, absolutely brilliant videos.
Excellent video! I am slowly adding gold 2.5 gram to 5 gram at a time with the goal to some day trade up, or just purchase outright, a 1 oz gold coin. Get a couple of 1 oz gold coins like a gold eagle, and a Krugerrand, then go back to stacking fractional gold.
I collected stamps for a while when I was a kid. I wish I had found PM's sooner! Its not like I didnt have the cash flow to put into them. Better late than never I guess. :( The 2001 Panda design is nice. Looks even better in gold.
Thanks to these videos I've moved from all silver to silver and gold coin investment, at the Dublin RDS coin fair I got a numismatic Austrian 25 Schillings in about ms 61 condition for €18 over spot at the time!
My full sov 1871 London mint Goerge back young head the head facing me the right way but when turn the coin the gorge on dragon is upside down is this normal please answer I’m worried this is fake
Numistacker cheers numi. Wish I watched your vids before ordering yesterday, explaining about her hair and the details , mines abit worn more than I’d liked but was cheap at 327£ on such coin better conditions are abit more but I think I wish I paid abit more as it’s for mounting in a sovereign ring and would be better with stronger details on the hair ,
great points numistacker. I love gold. what's not to love about it? I don't like how silver can develop spots. I have quite a few collectible silver pieces, and I'm very paranoid about them having white spots at some point in the future, which as we know will destroy the collectibility of the coin. There is nothing like gold. The yellow shiny stuff. Wow. Oh, and I do have some cryptos. I've been buying litecoin lately. Just couldn't resist...hoping to strike it rich. Lol. It's play money.
+Bob Arsenault you make some very valid points about Silver. The antique pieces are safer and spot based Silver is safe but proof semi Numi Silver can have risks.
Nice video. I prefer gold over silver too. Gold isn't necessarily as 'stress-free' as a slab of poured silver though. One 'pitfall' I exprienced; I once ordered some gold pandas from Apmex while I was living oveseas, but even though the plastic sleeve containing the 1 oz Panda ofcourse is completely transparent , customs still had to cut open the plastic sleeve. A broken sleeve in theory makes the coin harder to sell as many potential buyers prefer to buy it in its original sleeve. Some coin dealer in Australia even sell pandas unsleeved for less than the sleeved ones. That raised the silly question, do keep my broken plastic sleeve around as its somehow 'valuable' by perception of others. I chucked it out and put it into airtights, but now thinking if that broken piece of plastic somehow was worth money to protect the premium! Ironic, all the tremendous work from digging it out of the ground to refinery and it comes down to a piece of plastic flap that's worth fractions of a cent. I plan to keep my gold for decades which also makes me think how the plastic sleeve it comes in would age if an un-sleeved Gold Panda is snubbed by the potential buyers, doesnt seem like permanent storage quality. Gold also oxides! or atleast stains, it's true, small red stains can develop over time. It has happened both on my maples and even on 1 oz cast gold bars bought on location from the Perth mint. Perhaps it has something to do with air moisture, no idea. I would love to buy some nuismatic, but what do i do after receiving my expensive graded coin and one of these red dots starts to appear. It would have to be re-graded or treated costing money. Even if we all agree that the red dots on non nuismatic gold doesnt affect the value, that's in theory, in reality when selling time comes up, why would someone be inclinded to buy a red dotted piece of gold when they can just buy a shiny new one ? could be harder to sell unless agree on a lower price. So that's some of the arguments why gold isnt completely stress free! Having said that, I still love Prescious Metals no doubt and this stress is nothing compared to holding the darn bitcoins! haha
If u have less than £100 or $100 dollars every few month collect silver but it's your choice silver is not a life saver gold is fact my friend my advice save up and buy little by little gold
Do silver Britannia's from different years have the same variety as gold? I think they have less variety, but I'm not sure. It looks like the really nice designs are only in gold. I was going to collect 1/10 oz gold Britannia's. First I am catching up collecting 2 oz silver Queen's Beasts this month. So can I get a greater variety of Britannia designs collecting 1/10 oz gold ones than 1 oz silver?
There was some design philosophy change at some point in that series where the BU silver design stopped changing. IIRC they moved the rotating design philosophy over to the proof silver coins which had a limited mintage. Are those modern silver proof designs the same as the gold designs? Those might be fun to collect.
Started collecting gold coins as safeguard against my stocks, rental houses, which have both declined in value in past. I have many coins now, the graded coins always seems to be a shady deal? Only matters to other collectors?
Started collecting just recently, 6mths. I prefer the Silver bars to the coins and a mixture of numismatic+ bullion gold coins rather than gold bars. Don't know if that makes sense.
Well numis I just joined ngc have 5 coins to get conserved and hoping not so great pcgs ratings will go up will send in a couple days so following Your lead
1) Good thoughts and advice ! Thanks ! People with a low budget tend to buy fractional gold but the premium goes up substantially ! As much as possible I think the 1oz coins are a better bet. 2) I bought a few platinum coins but I regret. There is nothing "magical" in them like in the yellow gold :-) If platinum price ever goes back up in parity with gold in what is left of my lifetime I would sell them all...
@@Numistacker nice to meet you. I have a quick question if you don't mind. I'm looking to make my first panda purchases and I have the years picked but I can't figure out if I should pay up for ms69. I want to be assured I'm getting a good coins from an online dealer and that seems like the only way to do it. The catch is I like my coins out of the packaging and I will be breaking the plastic open to enjoy the coins. Am I crazy? Seems like the only way to guarantee a great product is to get it in ms69 condition. I know it loses the collector value out of the plastic but I may never sell them. In the end all I want is coins that are in great shape. Oh ya, the dealer, apmex, won't take a picture and of course the pics are not the actual coins.
The rule with Pandas is to buy them in unmessed up omp. Opening the original packaging loses cash and breaking out loses cash. Better to just collect in as sold and not buy in capsules or flips
@@Numistacker Thanks. I ended up changing my objectives from that of a collector to more of a bullion purchaser. I therefore went with maple leafs, AE's, the koog's and some others. I will pick up a panda at some point. Maybe 98 if I have a good year. Thanks again. I subed and look forward to checking out your vids.
@@lsatq i would never handle a panda, they are 24 karat gold and very soft. for pandas your going to pay a lot over the metal price and simply destroy that coin !
There's good reasons to buy and own both silver and gold and for each person, those reasons will vary based on numerous factors. With silver, I can readily diversify into high premium numismatics....with gold, not so much since the base price is so much higher to begin with. There definitely is a fair argument to make in terms of now being a good time to buy silver since the GSR is around 80. And yes, that's not to say that the GSR can't go and stay higher but I believe when the next significant move in PM's takes place, silver will mover much higher (% wise) than gold....the GSR will drop noticeably during during that time.
Silver is nicknamed the devils metal . But I like gold back in 2003 you could buy an ounce for 300 or less ,spot was $252 I should have backed up the truck . It's hard to decide what to collect modern bullion or early coins I like sov's and pre 1933 U.S. but they are so expensive for better dates. I heard lately they have been melting common dates down into bars , but you're right ,you don't collect them to make money unless you're a dealerBut planning is the biggest problem ,you have to decide quickly what you want to collect or you end up with a lot of stuff you don't want.
Historic gold close to spot will never be a mistake. My rule of thumb is to buy quality over quantity, even if it's a decent premium that seem too much. If the series is hot it will sell in the future
It depends . For example: if you want ‘nice gold coins’ with high premiums then yes. But if you want per grams quality for the current spot price you need to invest in bars. It’s harder to make the coins therefore ^^ premiums
You should collect gold coins because it’s one of those metals that are always going to go up in value. I have a gold coin worth 155$ and a bunch of silver coins :)
@@moneymania8118 if you buy bullion coins then spots will not matter the spots come from the 8% copper added to the 92% gold = 22 karats. if you buy a coin and never want spotting then only buy 24 karat 99%+ gold...
Great video and interesting point about rarities vs say "common coins". When is a rarity a rarity? When there aren't very many and those that exist are in collectors hands! Take the 1937 George VI Sovereign for example - rare? Not so much in my book - go to any coin fair and you will always find several for sale - but at a price! I have my own list of rarities based on a lot of research and observation and talking to others but in general I concur that a rarity generally, over time, will outperform. I find Ebay an interesting barometer of the way the market is going - some great discussion points again in the video - gets the grey cells ticking over!
+SovTracker my view was more about levels of interest watching numbers of bids and watches. It seems the more interesting and distinctive a coin is the safer it is to buy. 1937 is interesting because it’s highly desirable without really being rare. Same goes for 1989. Some real rarities are so rare they are on nobody’s radar.
NUMI what's up dude how you been?? Long time no talk but hope all is well.. That story About your life. That's the same story with me I couldn't save a dollar if I tried if it would save my life but I don't look at silver and gold as money really or actually I do but at the right time I Would sell it.. But yeah I would go for Broke and buy the watch's ,And spend all my cash and wonder what happened to it all .. your story is same as mine.. The only difference my friend is you live in England across the little pond and I live in the USA that's it lol.. Hope you're having a good weekend .. Regards Billy..
Gold definitely has so nany good properties over silver but silver does have a greater potential imo. I've got some gold coins all fractional and just picked up a 1/10 brit at a good price. Gold i holding for the long term and silver mostly i plan to offload when time is right. Fact there's no vat makes it better than silver where you pay around a 40 / 50% premium. Even fractional gold better value. I do plan to buy bigger pieces as premium even lower. But good deals can be found often on 1/20 oz proofs at cheaper than current bullion releases. As long as its not a panda. Having a limited budget means choices have to be made and in most cases when comes to gold i do see real value in cgt free stuff. As at some point i may look to unload it all and cgt free helps in that scenario.
+rox dude I think you echo my point that Gold is for keeping and Silver for trading. Choices always have to be made but every € £ or $ not spent works to build wealth.
Numistacker definitely spending fake money on real money is best thing i ever did. It don't evaporate over time like paper does and saving that longterm only gonna make you poorer.
Everybody has their own reasons for what they "invest" in,and noone can say if they're right or wrong,based on their income.Me personally,my last 2 purchases were a 1909 gold 1/2 Sov AU and a 2007 1/10 oz gold eagle(although only bullion,07 was a low mintage year for US gold)
I would like to know if you can locate these Gold Coins for me or if you know where I can get them, Raw with Box & COA. If so that will be Awesome, I need more than 1 on each. 1. 2017 Great Britain 1 oz Gold Proof Queens Beasts Lion x 3 2. 2017 Great Britain 5 oz Gold Proof Queens Beasts Lion x 2 3. 2018 Great Britain 1 oz Gold Proof Queens Beasts Dragon x 2 4. 2018 Great Britain 5 oz Gold Proof Britannia x 2 5. 2018 Great Britain 5 oz Gold Proof Britannia x 2
ej732 that’s my plan if the gold silver ratio ever gets back to historic levels 65:1 or lower than I’ll trade some of it in for gold. If not I’ll hold the silver. We are at 80oz to big one oz of gold right now. Let’s see what happens
Did I see a Chinese Unicorn? Those and a few select hard to get gold pieces paid well for me a couple of decades ago. As a matter of fact, thanks to Gold Unicorns, Pandas and Dragons for putting my daughter through college.
@@Numistacker would you recommend PCGS certified? I am interested in buying a unicorn of Scotland MS67 PCGS coin but as I'm a complete novice, I have no idea if it's worth it. I'm mainly buying for investment...and because I love gold. Still hoping to dig one up at the weekends
Drunken Sailor Supposedly Russia holds some silver as a nation, supposedly the bank JP Morgan and Chase has over 500 Million ounces. I personally don't buy it if spot goes over $20 but I believe it to be an easy way to store wealth.
I think you can 'collect' gold coins without paying large premiums for proofs, sovereigns for example have a great range of years and mints from Canada, Great Britain, India and Australia. If you have enough cash to buy 2 or 3 dates you haven't got at no high premium then you don't have to pay for a high premium for just one less easily available.
harryzero 156 there is a lot on the market that you can buy without paying a collectors premium and Sovereigns are one of those great areas where a huge variety of types and dates are available at Bullion.
Hi, interesting video. I was fortunate to get a gold Leaving the EU coin from the Royal Mint recently, do you think it'll be a good long term investment?
never, as they say in the crypto community were going to the moon! I say 15000 next year, cryptocurrency is the new thing with my generation, when i ask my friends if they have any gold and silver they call me a old man. A few ppl that I know is into crypto so the growth and progression is there.
If you collect something,and comes an economic crisis,you just must to be prepared to lose the money,that you have spent for your hobby.If you collect gold coins,you have much more chances and you can more easier to get you money back,than if you collect anorter coins or some other stuffs,like banknotes or post stamps.
I'm trying to collect quarters and get every president And my grandma gets gold coins from work and gives them to me and my brother Right now I have 19 gold coins
When you talk about high value, old enought coin, the composition of the coin is not really important no ? I mean, a copper coin can easely worth several times his weight in gold ( same thing whit a silver and gold coin ) no ? P.s this amazing proof 1911-1937 gold coins... wow! 😍
“Spend without spending”. Absolutely spot on. Some of us have an uncontrollable urge to collect. Gold seems to be the path to collect without wasting money.
Yes....That is what i am doing right now..I have a gambling problem by now....And If i need to go to play slots or casino i change my way and stop in a coin shop,buy some gold coins and back home.I sleep well every night.Congrats from Spain.
Thank you for your videos I’m learning a lot from the sovereigns that I started collecting. I have a lots of silver that I’m going to trade for gold, keep doing those videos a love to watch them…
I like you're videos very much. I started collecting fractional bullion coins last year and didn't get much, just few kangaroos and Austrian ducats. I'm still learning basic about collecting gold coins in general and you're videos are precious to us newbies from Europe. Thank you and keep good work. Best regards from Croatia.
Hello Numistacker, Thank you for this video . You summed me up in a nutshell. I used to collect old British pre-decimal coins when I was a child. Dirty old Victorian 1d coins.
Now I have a fair bit of spare money , I have just taken the plunge and have started to buy gold bullion coins.
I done the maths and I have around £7K spare money each Year after all my outlays.
I LOVE your comment. You can store a lot of money value of gold in a small space.
Thank you for your video's
I just started, I just ordered a second one online. I’m still finding my ground so I don’t really have a preference in particular yet.
Five yrs ago ,, should've got some as of today Jan 2023 ,,£1500 a Oz always goes up in the long run
I own both metals but my particular love is small gold coins I’ve collected them for quite a while and I collect them monthly
Me to !
what kind do you collect?
See my small gold coin on my own. The first issue.
Love the video I’m in my late forties and found a lot of similarities with what you said. I’m in the research phase I suppose in coin collecting game. Enjoying you videos
Thank you.
I came, I saw, I concurred.
Good video. I'm planning to collect gold coins. Thanks for your guide.
I appreciate the careful use of the word 'invest'. Thank you for the excellent video.
Peculiar timing, i was thinking of aiming at gold more this year.
I like how you put it "spending money without spending money"
Exactly why i stack
You obviouly lose liquidity.
Some Gold and Silver as part of a 'wealth portfolio' is fine and likely to at least break you even over the long term... Plus, if a big crash ever comes you've got something to trade. You can't trade part of your house, or part of your car, but you can always trade a few coins or precious metal bars...
investors are collectors, and collectors are investors. there's no trade secrets or hidden codes in collecting and investing in gold and silver bullion. just do it at your own risk.
With all 1937 Sovs on the start screen - you suggested collecting instead of metal investing. Being honest, your collection made my so jealous of, not envious of. You made a good tutorial for people to know what one would need to get into this door.
Yi Feng i started with a couple of Oz of silver and some will
I collect gold sovereigns made it up to nine 😃
Awesome video!!!! A lot of good talking points
Numi, Hi. You held out your beautiful gold proof Libertads. I did see the one BU Libertad. I love my Libertads! *:-)*
+Donald in New Mexico maybe there will be a new Libertad video?
great video for us newbies starting off in the serious coin collecting game. ive collected since a young boy, recently in the last few years i have collected many different coins, from silver celtic, to medieval hammered coins, though i really like my victorian soverign and half. i have purchased 2 gold american coins, a 2.5 indian, and a 5 dollar indian. id love to be able to build my collection upto a good standard, i had an accident a few years ago and needed two spine operations so i now have so much time to really study numismatics properly. ive not sold any of my coins, i vowed not to ever sell...however im starting to think down the line of selling some of my ancient coins, like my listers head silver unit, some hammereds and some of my roman silvers to then invest in some more gold. thanks for sharing your knowelege, absolutely brilliant videos.
Silver/gold/crypto. Diversification is key. Really enjoy your videos.
Hi ive a 1933 double sided double eagle coin its being grade bought in a good lot thanks
Numi I need your advise an help
Excellent video! I am slowly adding gold 2.5 gram to 5 gram at a time with the goal to some day trade up, or just purchase outright, a 1 oz gold coin. Get a couple of 1 oz gold coins like a gold eagle, and a Krugerrand, then go back to stacking fractional gold.
+Kevin McGlothlin so long as it’s systematic it ends with something good
I collected stamps for a while when I was a kid. I wish I had found PM's sooner! Its not like I didnt have the cash flow to put into them. Better late than never I guess. :( The 2001 Panda design is nice. Looks even better in gold.
I’ve traded silver for gold for years now, may not be the best method but it works for me.
very nice video. I liked and subscribed
Thanks so much
Thanks to these videos I've moved from all silver to silver and gold coin investment, at the Dublin RDS coin fair I got a numismatic Austrian 25 Schillings in about ms 61 condition for €18 over spot at the time!
+Shane coughlan hope you carry on in that direction. sovereigns roosters eagles
My full sov 1871 London mint Goerge back young head the head facing me the right way but when turn the coin the gorge on dragon is upside down is this normal please answer I’m worried this is fake
Numi I understand older coins are minted with upside on the other side
Reverse die axis’s
It is totally normal
Numistacker cheers numi. Wish I watched your vids before ordering yesterday, explaining about her hair and the details , mines abit worn more than I’d liked but was cheap at 327£ on such coin better conditions are abit more but I think I wish I paid abit more as it’s for mounting in a sovereign ring and would be better with stronger details on the hair ,
great points numistacker. I love gold. what's not to love about it? I don't like how silver can develop spots. I have quite a few collectible silver pieces, and I'm very paranoid about them having white spots at some point in the future, which as we know will destroy the collectibility of the coin. There is nothing like gold. The yellow shiny stuff. Wow. Oh, and I do have some cryptos. I've been buying litecoin lately. Just couldn't resist...hoping to strike it rich. Lol. It's play money.
+Bob Arsenault you make some very valid points about Silver. The antique pieces are safer and spot based Silver is safe but proof semi Numi Silver can have risks.
You're investing in your self!
Yeah, I am trying to buy some more gold.. Good Vid..
Thanks it seems many have a more natural affinity to gold.
My idea is what if silver is worth more than gold? The silver fundamentals are looking that good compared to gold. I would just own both metals.
Nice video. I prefer gold over silver too. Gold isn't necessarily as 'stress-free' as a slab of poured silver though. One 'pitfall' I exprienced; I once ordered some gold pandas from Apmex while I was living oveseas, but even though the plastic sleeve containing the 1 oz Panda ofcourse is completely transparent , customs still had to cut open the plastic sleeve. A broken sleeve in theory makes the coin harder to sell as many potential buyers prefer to buy it in its original sleeve. Some coin dealer in Australia even sell pandas unsleeved for less than the sleeved ones. That raised the silly question, do keep my broken plastic sleeve around as its somehow 'valuable' by perception of others. I chucked it out and put it into airtights, but now thinking if that broken piece of plastic somehow was worth money to protect the premium! Ironic, all the tremendous work from digging it out of the ground to refinery and it comes down to a piece of plastic flap that's worth fractions of a cent. I plan to keep my gold for decades which also makes me think how the plastic sleeve it comes in would age if an un-sleeved Gold Panda is snubbed by the potential buyers, doesnt seem like permanent storage quality. Gold also oxides! or atleast stains, it's true, small red stains can develop over time. It has happened both on my maples and even on 1 oz cast gold bars bought on location from the Perth mint. Perhaps it has something to do with air moisture, no idea. I would love to buy some nuismatic, but what do i do after receiving my expensive graded coin and one of these red dots starts to appear. It would have to be re-graded or treated costing money. Even if we all agree that the red dots on non nuismatic gold doesnt affect the value, that's in theory, in reality when selling time comes up, why would someone be inclinded to buy a red dotted piece of gold when they can just buy a shiny new one ? could be harder to sell unless agree on a lower price. So that's some of the arguments why gold isnt completely stress free! Having said that, I still love Prescious Metals no doubt and this stress is nothing compared to holding the darn bitcoins! haha
In my view Pandas should be in original plastic or graded to preserve value
I agree, good idea, I can have it graded when it's selling time in the future
I'm interested in collecting gold and silver. However I'm on a budget, where do I begin.
If u have less than £100 or $100 dollars every few month collect silver but it's your choice silver is not a life saver gold is fact my friend my advice save up and buy little by little gold
Do silver Britannia's from different years have the same variety as gold? I think they have less variety, but I'm not sure. It looks like the really nice designs are only in gold. I was going to collect 1/10 oz gold Britannia's. First I am catching up collecting 2 oz silver Queen's Beasts this month. So can I get a greater variety of Britannia designs collecting 1/10 oz gold ones than 1 oz silver?
+John A the older Silver Britannias are the same designs as Gold and are really nice to collect
Thanks
There was some design philosophy change at some point in that series where the BU silver design stopped changing. IIRC they moved the rotating design philosophy over to the proof silver coins which had a limited mintage. Are those modern silver proof designs the same as the gold designs? Those might be fun to collect.
Hi, what do you think about "1997 Millennium 50 Dollars Set of 2 Gold Coins" of Kiribati and Samoa?
Started collecting gold coins as safeguard against my stocks, rental houses, which have both declined in value in past. I have many coins now, the graded coins always seems to be a shady deal? Only matters to other collectors?
Thats the core use of gold as a hedge
Started collecting just recently, 6mths. I prefer the Silver bars to the coins and a mixture of numismatic+ bullion gold coins rather than gold bars. Don't know if that makes sense.
+ian fraser I’m happy to have gold bars however I don’t have any apart from a 1g ))
Well numis I just joined ngc have 5 coins to get conserved and hoping not so great pcgs ratings will go up will send in a couple days so following Your lead
Is buying gold coins a way to own gold that will gain worth in the sense that it has value or is it just a coin collection? Is it an investment?
1) Good thoughts and advice ! Thanks ! People with a low budget tend to buy fractional gold but the premium goes up substantially ! As much as possible I think the 1oz coins are a better bet.
2) I bought a few platinum coins but I regret. There is nothing "magical" in them like in the yellow gold :-) If platinum price ever goes back up in parity with gold in what is left of my lifetime I would sell them all...
I'm confused. Does this guy work for NGC doing grading? If so it seems odd that he never owned gold until just 4 years ago.
Which guy? Oh yes you mean me? How nice 👍🏻 I am an NGC Authorised Dealer and I submit coins for grading.
@@Numistacker nice to meet you. I have a quick question if you don't mind. I'm looking to make my first panda purchases and I have the years picked but I can't figure out if I should pay up for ms69. I want to be assured I'm getting a good coins from an online dealer and that seems like the only way to do it. The catch is I like my coins out of the packaging and I will be breaking the plastic open to enjoy the coins. Am I crazy? Seems like the only way to guarantee a great product is to get it in ms69 condition. I know it loses the collector value out of the plastic but I may never sell them. In the end all I want is coins that are in great shape. Oh ya, the dealer, apmex, won't take a picture and of course the pics are not the actual coins.
The rule with Pandas is to buy them in unmessed up omp. Opening the original packaging loses cash and breaking out loses cash. Better to just collect in as sold and not buy in capsules or flips
@@Numistacker Thanks. I ended up changing my objectives from that of a collector to more of a bullion purchaser. I therefore went with maple leafs, AE's, the koog's and some others. I will pick up a panda at some point. Maybe 98 if I have a good year. Thanks again. I subed and look forward to checking out your vids.
@@lsatq i would never handle a panda, they are 24 karat gold and very soft. for pandas your going to pay a lot over the metal price and simply destroy that coin !
I just purchased my first gold coin a 1/10 th ounce American Eagle.
+Eric Woody a very good choice
what about the risk of fake or loaded coins or bullion.?
Spend without spending..😎
There's good reasons to buy and own both silver and gold and for each person, those reasons will vary based on numerous factors.
With silver, I can readily diversify into high premium numismatics....with gold, not so much since the base price is so much higher to begin with. There definitely is a fair argument to make in terms of now being a good time to buy silver since the GSR is around 80. And yes, that's not to say that the GSR can't go and stay higher but I believe when the next significant move in PM's takes place, silver will mover much higher (% wise) than gold....the GSR will drop noticeably during during that time.
+Coins A-Z the Ratio is a good factor though history is not necessarily a predictor of future
Silver is nicknamed the devils metal . But I like gold back in 2003 you could buy an ounce for 300 or less ,spot was $252 I should have backed up the truck . It's hard to decide what to collect modern bullion or early coins I like sov's and pre 1933 U.S. but they are so expensive for better dates. I heard lately they have been melting common dates down into bars , but you're right ,you don't collect them to make money unless you're a dealerBut planning is the biggest problem ,you have to decide quickly what you want to collect or you end up with a lot of stuff you don't want.
Historic gold close to spot will never be a mistake. My rule of thumb is to buy quality over quantity, even if it's a decent premium that seem too much. If the series is hot it will sell in the future
+Mariano Wini I think you have the right idea
Good video thanks 👍 great coins there
I collect coins as I'm a history lover, great video
Yes
It depends . For example: if you want ‘nice gold coins’ with high premiums then yes. But if you want per grams quality for the current spot price you need to invest in bars. It’s harder to make the coins therefore ^^ premiums
You should collect gold coins because it’s one of those metals that are always going to go up in value. I have a gold coin worth 155$ and a bunch of silver coins :)
There is a certain comfort in owning gold
Gold bullion coins can be quasi-numismatic and are a reasonably stable investment 🤗
I buy bars. I sell coins. After an efficient amount of bars stack a few coins excess will be sold.
love gold coins
Wishing to buy our kurmangazy gold coin by 7.79 gr. But thinking what about force_major and robbery more.
Tell me about spots on coins. Will it be? What should be taken into account while buying to avoid this rust.
What is your prediction for rise up? Should I buy know while price is failed?¿
@@moneymania8118 if you buy bullion coins then spots will not matter the spots come from the 8% copper added to the 92% gold = 22 karats. if you buy a coin and never want spotting then only buy 24 karat 99%+ gold...
@@aniceguy9876 cool
Great video and interesting point about rarities vs say "common coins".
When is a rarity a rarity? When there aren't very many and those that exist are in collectors hands!
Take the 1937 George VI Sovereign for example - rare?
Not so much in my book - go to any coin fair and you will always find several for sale - but at a price!
I have my own list of rarities based on a lot of research and observation and talking to others but in general I concur that a rarity generally, over time, will outperform.
I find Ebay an interesting barometer of the way the market is going - some great discussion points again in the video - gets the grey cells ticking over!
+SovTracker my view was more about levels of interest watching numbers of bids and watches. It seems the more interesting and distinctive a coin is the safer it is to buy. 1937 is interesting because it’s highly desirable without really being rare. Same goes for 1989. Some real rarities are so rare they are on nobody’s radar.
I’m incredibly interested in purchasing coins etc. Do i start with just that? Are there’s different types of gold coins with more value?
Depends what country u live in buddy
What % of your coins are proof to your % of bullion. I currently collect silver proof piedfort’s
Hi, I got a 10G golden coin from 1932 from the Netherlands. Should I keep it to make a bit off profit or sell it?
I didn't look at it as spending. I like to look at it as trading worthless paper for priceless metal. I'm a trader ; )
NUMI what's up dude how you been?? Long time no talk but hope all is well.. That story About your life. That's the same story with me I couldn't save a dollar if I tried if it would save my life but I don't look at silver and gold as money really or actually I do but at the right time I Would sell it.. But yeah I would go for Broke and buy the watch's ,And spend all my cash and wonder what happened to it all .. your story is same as mine.. The only difference my friend is you live in England across the little pond and I live in the USA that's it lol.. Hope you're having a good weekend .. Regards Billy..
Maybe
You will only get “spot” so just buy cheapest bars...skip the coins.
Gold definitely has so nany good properties over silver but silver does have a greater potential imo. I've got some gold coins all fractional and just picked up a 1/10 brit at a good price. Gold i holding for the long term and silver mostly i plan to offload when time is right. Fact there's no vat makes it better than silver where you pay around a 40 / 50% premium. Even fractional gold better value.
I do plan to buy bigger pieces as premium even lower. But good deals can be found often on 1/20 oz proofs at cheaper than current bullion releases. As long as its not a panda. Having a limited budget means choices have to be made and in most cases when comes to gold i do see real value in cgt free stuff. As at some point i may look to unload it all and cgt free helps in that scenario.
+rox dude I think you echo my point that Gold is for keeping and Silver for trading. Choices always have to be made but every € £ or $ not spent works to build wealth.
Numistacker definitely spending fake money on real money is best thing i ever did. It don't evaporate over time like paper does and saving that longterm only gonna make you poorer.
Very good info!
If their priced right and can afford them definitely.
COOINZ!
Such a rich retirement for your property is provided.
Is the 2018, 65th coronation sov worth picking up, in your opinion?
+survivaleconomics it’s not a slam dunk as Mintages are too high
Everybody has their own reasons for what they "invest" in,and noone can say if they're right or wrong,based on their income.Me personally,my last 2 purchases were a 1909 gold 1/2 Sov AU and a 2007 1/10 oz gold eagle(although only bullion,07 was a low mintage year for US gold)
A man after my own heart
I would like to know if you can locate these Gold Coins for me or if you know where I can get them, Raw with Box & COA. If so that will be Awesome, I need more than 1 on each.
1. 2017 Great Britain 1 oz Gold Proof Queens Beasts Lion x 3
2. 2017 Great Britain 5 oz Gold Proof Queens Beasts Lion x 2
3. 2018 Great Britain 1 oz Gold Proof Queens Beasts Dragon x 2
4. 2018 Great Britain 5 oz Gold Proof Britannia x 2
5. 2018 Great Britain 5 oz Gold Proof Britannia x 2
Just another great video :)
Never thought of selling my silver for gold.
ej732 that’s my plan if the gold silver ratio ever gets back to historic levels 65:1 or lower than I’ll trade some of it in for gold. If not I’ll hold the silver. We are at 80oz to big one oz of gold right now.
Let’s see what happens
Did I see a Chinese Unicorn? Those and a few select hard to get gold pieces paid well for me a couple of decades ago. As a matter of fact, thanks to Gold Unicorns, Pandas and Dragons for putting my daughter through college.
Id say yes!!.
I'm looking at buying my first gold coin, I was looking at 1oz bullion coin to start? would you recommend bullion coins?
I would recommend Sammi and Numismatic bullion - Pandas Libertads queens Beasts
@@Numistacker would you recommend PCGS certified? I am interested in buying a unicorn of Scotland MS67 PCGS coin but as I'm a complete novice, I have no idea if it's worth it. I'm mainly buying for investment...and because I love gold. Still hoping to dig one up at the weekends
American Eagle are the best to buy
@@gregcampbell7483 i would never ever buy a modern coin slabbed unless it is graded 70 ! and i would never buy a bullion coin graded . . .
can i ask you a few questions via personal message about this ''hobby'' ?
If you are debt free and can afford it yes. Not sure the average person can afford to tie up thousands of dollars in gold coins.
All PM should be a balanced percentage of overall assets but always space for hobbies
nope. i just collected my first gold coin recently but wont get anymore for awhile sometime in the future.
My response will be how can the average person afford not to?
Gold is also beautiful and non reactive. But, you mention some very good reasons to collect gold coins.
Thanks very much Salivate.
Hi how price 10dollars1897gold please
I only see silver pumpers pumping silver (high margin). Nations invest in Gold , China is a good example.
Drunken Sailor Supposedly Russia holds some silver as a nation, supposedly the bank JP Morgan and Chase has over 500 Million ounces. I personally don't buy it if spot goes over $20 but I believe it to be an easy way to store wealth.
I think you can 'collect' gold coins without paying large premiums for proofs, sovereigns for example have a great range of years and mints from Canada, Great Britain, India and Australia. If you have enough cash to buy 2 or 3 dates you haven't got at no high premium then you don't have to pay for a high premium for just one less easily available.
harryzero 156 there is a lot on the market that you can buy without paying a collectors premium and Sovereigns are one of those great areas where a huge variety of types and dates are available at Bullion.
Hi, interesting video. I was fortunate to get a gold Leaving the EU coin from the Royal Mint recently, do you think it'll be a good long term investment?
I was into Silver, gold and platinum bullion and coins but the past 2 years im 80% into crypto.
When will you exit Crypto?
never, as they say in the crypto community were going to the moon! I say 15000 next year, cryptocurrency is the new thing with my generation, when i ask my friends if they have any gold and silver they call me a old man. A few ppl that I know is into crypto so the growth and progression is there.
alpha robins your in the wrong business GOLD and silver where its at
No you shouldn’t you pay a foundry to make that bar. Buy placer and nuggets raw and find a prospecting shop willing to do spot. Like smart people
I have one of the gold coin that you have my one form 1884 But ur one from 1873 wow
If you collect something,and comes an economic crisis,you just must to be prepared to lose the money,that you have spent for your hobby.If you collect gold coins,you have much more chances and you can more easier to get you money back,than if you collect anorter coins or some other stuffs,like banknotes or post stamps.
NK coins collector very true words
Nice stack amigo. Thanks for sharing. I just subbed your channel. Lets stay in touch amigo
+Millionaire Gold Dealer thanks for the sub
I'm a silver bug for life give me a mirror and I'm happy
I stack silver, I collect gold. Im more of a collector
GCL Broadview as long as you have SILVER OR GOLD. You got Gods money don’t worry about what ppl say or manipulate on a screen.
Investing in gold coins is a possibility as some coins will rake in more than spot gold because of its a collectible.
+Zero Hour picking great bullion coins and adding value is a fun pastime
I guess now is just holding on for the big roller coaster economic ride
I'm trying to collect quarters and get every president
And my grandma gets gold coins from work and gives them to me and my brother
Right now I have 19 gold coins
hey Jingles.
Australian florins 1913
When you talk about high value, old enought coin, the composition of the coin is not really important no ? I mean, a copper coin can easely worth several times his weight in gold ( same thing whit a silver and gold coin ) no ?
P.s this amazing proof 1911-1937 gold coins... wow! 😍
Like
good lord you say a lot without really saying anything. quite a talent.
Thank you very much )) it certainly is tough work
lol
Don’t be a douche
Cool Panerai