Great vid ...the rate gold is going you will need to have a few more 10 quids to get one of those coins..😂.worth waiting and adding in a few more tenners and get the tudor beast well done for doing the challenge 👍
Outside of the box idea add a little money to it or save more and get either the 1/2 yes half ounce Perth Mint year of the snake, or the Royal Mint Morgan la Fey 1 oz:) Enjoy and thank you for the video:)
The new UK Budget is coming out in October and there may be changes to capital gains tax. I would therefore purchase gold that is exempt from CGT. Personally, I'd just stick with Brittanias due to several reasons I'm sure you are familiar with.
@@AmateurCollector-h2i Sure thing. (1). Britts are 999.9 gold (24 carat) whereas sovereigns are 916 gold (22 carat). There is a demand in worldwide markets for 999.9 gold making these items easier to sell purely for their weight/melt value as opposed to being a collectors piece. Also, melting sovereigns requires the impurities to be extracted increasing the costs. (2). Britts have several security features built in and are much harder to fake. There are plenty of fake sovereigns out there. (3). Britts have more fractional weight classes than sovereigns. As the price of gold goes up over the decades, selling parts of your stack will be easier in small amounts as opposed to a full or half sovereigns. I hope that helps you.
I was JUST thinking about that video! I picked up mine last month when a fantastic deal presented itself- 2024 1/4 oz dragon from Perth - ms70 (for less than spot!)
Well that is enough for a decent retirement in my opinion. You sell one a month starting from age 60. You set for life or at least until you are 82 years old roughly.
I think noone predicted gold and silver going nuts this year so in hindsight saving for a year was making your stack average more expensive. So what would I do. I mean you could lend yourself the money and buy the next quarter Oz now and save 10 bucks each week to pay yourself back. But that's not very awarding. Maybe what I would do is buy 1 Oz of silver each time the money is enough for a 1 Oz coin and after one year you should end up with a tube of, say, Wiener Philharmoniker, Maple Leaf, American Eagle or Krugerrand (any buillon coin that sells well again). After the year you sell the tube and get yourself the gold. This presents several treats: You get rewarded for saving your money more frequently, you can make a game out of trying to get the 1 Oz silver coin as cheaply as possible (say from flea market sales, eBay or local coin shops rather than paying shipment and new coin premiums each time) and you can play with silvers volatility once the year is about over. Maybe the silver to gold ratio drops a bit hence making your gold purchase cheaper. It will be a gamble, of course. If gold and silver keeps rising as it did, this will be a good way to not devalue your buying power while saving, like happened this year. If it goes more side ways like in 2023, you need to regain the premiums when selling. But this can be part of the game (:
£566 roughly for a gold 1/4 Brit currently at Atkinsons. Wouldn't you have to save £12 a week over the next year to buy a 1/4 gold this time next year assuming spot rises 9% over the next year(optimistic, I know)?
If I were you, I'd look forward to get internationally recognized bullion coins you don't have. Being understood that your stack is basically British and you got recently an American Eagle, it may be funnier for you trying getting some Philarmonic (as you mentioned in the video), Krugerrand, Maple Leaf, Libertad or Cangaroo coins, or even some Panda. You may try getting a Buffalo, keeping in mind that there are no fractional coins of it. Also Roosters or American pre-1933 coins would be an interesting alternative.
Does SS find it totally impossible to not buy anymore gold or is it like a drug addiction😂😂😂bet he'd suffer withdrawal symptoms and the shakes😂😂😂great video as always...👍🏻
Dont wait too long to buy another coin as the way golds going at the moment you'll have to add a lot more cash to afford one! You could always spend the money on a hand pamper and manicure LOL!
The saurus his having a maths moment again. If he doesn't finish video soon he won't be able to afford another the way prices have gone up today.£2086. At the time of writing. Wow!
Always love your videos. Its inspiring to see how the stack can grow over time. Thanks for creating and sharing.
Glad you enjoy it! Thanks for sharing
Go for something fancy, like a "year of the" from Australia.
Good one really enjoyed this 😂
Congrats! I did your challenge too, picked up my Sov last month.
Fantastic 👍🏼 Thanks for sharing. Good timing I'd say too the way gold has gone since
Btw, of course, it’s got to be a sovereign pickup ( but maybe we can think of a unique way of picking one up🙆♂️).
That's an interesting idea.... I'll think about that
Great video mate
Glad you enjoyed it, have a great weekend
You have the type two American Eagle, you could get a type one… Or maybe a Maple leaf?
Nice idea! I'll see what comes up
Great vid ...the rate gold is going you will need to have a few more 10 quids to get one of those coins..😂.worth waiting and adding in a few more tenners and get the tudor beast well done for doing the challenge 👍
Not kidding 😁
Outside of the box idea add a little money to it or save more and get either the 1/2 yes half ounce Perth Mint year of the snake, or the Royal Mint Morgan la Fey 1 oz:) Enjoy and thank you for the video:)
Some beautiful choices. The Perth mint have some fantastic offerings
The new UK Budget is coming out in October and there may be changes to capital gains tax. I would therefore purchase gold that is exempt from CGT. Personally, I'd just stick with Brittanias due to several reasons I'm sure you are familiar with.
Yes good point, they do seem to make the most sense off the current rules
Hi I’m new to all of this and have done some research but wondered if you’d explain why it’s better to stick to Brittanias rather than Soverigns?
@@AmateurCollector-h2i Sure thing.
(1). Britts are 999.9 gold (24 carat) whereas sovereigns are 916 gold (22 carat). There is a demand in worldwide markets for 999.9 gold making these items easier to sell purely for their weight/melt value as opposed to being a collectors piece. Also, melting sovereigns requires the impurities to be extracted increasing the costs.
(2). Britts have several security features built in and are much harder to fake. There are plenty of fake sovereigns out there.
(3). Britts have more fractional weight classes than sovereigns. As the price of gold goes up over the decades, selling parts of your stack will be easier in small amounts as opposed to a full or half sovereigns.
I hope that helps you.
@@mojojojo11811That’s great thank you for taking the time to help me out!
@@mojojojo11811That’s great thank you for taking the time to help me!
Brilliant video as usual! I'm doing a comparison! 1oz of Silver a week and put the equivalent away for gold over 12 months!
Ahh that's a nice idea, good thinking
Nothing wrong with dirty hands!, it’s a sign of a hard worker. 👊🏼 (I work outdoors)
🤜🏼🤛🏼
I was JUST thinking about that video! I picked up mine last month when a fantastic deal presented itself- 2024 1/4 oz dragon from Perth - ms70 (for less than spot!)
What a bargain! Well done, I'm enjoying hearing some of the pickups people have gotten
I have now stopped buying Gold. I have accumulated 263 ounces, mainly Britannias. It's too expensive and that's my opinion. Thanks Sov Saurus!
It's a brilliant sized stack to be sat on and will be nice to sit back and watch the price rise 👍🏼
Well that is enough for a decent retirement in my opinion. You sell one a month starting from age 60. You set for life or at least until you are 82 years old roughly.
Purely for the sake of adding something a little bit different to your stack, how about a quarter krugerrand?
I do love a Krug
SS, ‘about’ 4 weeks in a month 🤣🤣.
Who’s looking at the hands when you are holding the yellow stuff 🙆♂️.
( 1 year has passed quickly 😱).
Oh man public maths got me good 😬😁
I’d say go to 15 pounds per week. Then you should be much closer to the 1/4 in a year….assuming it doesn’t go up 30 more %. 🤣👍
Yes possibly....
Britannias all the way!
🇬🇧🇬🇧🇬🇧
I think noone predicted gold and silver going nuts this year so in hindsight saving for a year was making your stack average more expensive. So what would I do. I mean you could lend yourself the money and buy the next quarter Oz now and save 10 bucks each week to pay yourself back. But that's not very awarding. Maybe what I would do is buy 1 Oz of silver each time the money is enough for a 1 Oz coin and after one year you should end up with a tube of, say, Wiener Philharmoniker, Maple Leaf, American Eagle or Krugerrand (any buillon coin that sells well again). After the year you sell the tube and get yourself the gold. This presents several treats: You get rewarded for saving your money more frequently, you can make a game out of trying to get the 1 Oz silver coin as cheaply as possible (say from flea market sales, eBay or local coin shops rather than paying shipment and new coin premiums each time) and you can play with silvers volatility once the year is about over. Maybe the silver to gold ratio drops a bit hence making your gold purchase cheaper. It will be a gamble, of course. If gold and silver keeps rising as it did, this will be a good way to not devalue your buying power while saving, like happened this year. If it goes more side ways like in 2023, you need to regain the premiums when selling. But this can be part of the game (:
£566 roughly for a gold 1/4 Brit currently at Atkinsons.
Wouldn't you have to save £12 a week over the next year to buy a 1/4 gold this time next year assuming spot rises 9% over the next year(optimistic, I know)?
9% might sound optimistic but then it's closer to 29% the past year so it isn't impossible.... It could easily need £20 a week to be safe
Saving £10 a week now gold would out pace your savings 😆
We'll see how it goes yes... good job I started that challenge when I did 🤣
I always like dragons but you might want to collect them all
I've seen a lovely Metalor Dragon piece... it's their standard 1 Oz cast bar but with a stunning packaging essentially but looks great
At the rate of gold at the moment, £10 a week for a Troy oz coin will put your saving project in reverse 🤣
Haha yes £20 is the new £10
If I were you, I'd look forward to get internationally recognized bullion coins you don't have. Being understood that your stack is basically British and you got recently an American Eagle, it may be funnier for you trying getting some Philarmonic (as you mentioned in the video), Krugerrand, Maple Leaf, Libertad or Cangaroo coins, or even some Panda. You may try getting a Buffalo, keeping in mind that there are no fractional coins of it. Also Roosters or American pre-1933 coins would be an interesting alternative.
Does SS find it totally impossible to not buy anymore gold or is it like a drug addiction😂😂😂bet he'd suffer withdrawal symptoms and the shakes😂😂😂great video as always...👍🏻
I can stop anytime I want honest 🤣
Dont wait too long to buy another coin as the way golds going at the moment you'll have to add a lot more cash to afford one! You could always spend the money on a hand pamper and manicure LOL!
Hahaha 🤣 Buy a half sov and a bar of soap
The saurus his having a maths moment again. If he doesn't finish video soon he won't be able to afford another the way prices have gone up today.£2086. At the time of writing. Wow!
Haha brilliant comment 🤣 The numbers are moving too fast to calculate
Something international. 9999 fine
You know you gold bugs love showing off
Don't wait and go for British, anything else would be a bad move ATM IMVHO.
Quarter bullion coins are boring. You could buy 20 Mark gold coins, they are similar to Sovereigns.
Yes lots of LMU options. For some reason I've not seen many pop up for sale lately
The real players keep their shinny mouth shutt