Thanks for watching, looking forwards to chatting in the comments. Would you like a free 1 oz Silver Britannia on your next gold order? www.bullionbypost.co.uk/accounts/login/?referral_code=DIYFOEUS Currently Bullion By Post have a referral offer if you sign up through my link and make a qualifying order as a new customer.
Related Content
Related posts:
Are Best Value Gold Coins A Good Buy?
Watch this BEFORE you sink your savings into physical gold
โซธ TONS of DRAGONS! โซธ Gold Coin Jackpots on Playluckyland.com
How To Use Gold and Silver BEFORE The End Of The World As We Know It
FALSE:: MISTAKE: UNSUPPORTED ENCODING
Have You Ever Seen ยฃ1,000,000 Of Gold Coins??? The Great Engravers Gothic Crown
New Gold / New Wins
ZIMBABWE ISSUES GOLD COIN: Who Really Benefits?
Finding $100,000 Worth of Gold Coins | Expedition Unknown
OMG I Won 11,125,000 Gold Coins On Lucky Land!
5 GOLD Coins I Want in 2022
Smaller Fractional Gold Coins Again
Yah when you roll it to property it will give you 1 soverign a month profit, then you keep repeating, slow process but eventually it starts getting big.
Surprising how quick they accumulate
Mere pass 1 coin hai aur sell karna hai kya price milega
This video should help you ๐๐ผ
https://www.youtube.com/watch?v=6uwl4fJHuOM
Sovereigns are my favorite gold coins because of excellent stacking efficiency, liquidity with and the nice added value of holding a small piece of numismatic history from a century or decades ago, at no extra premium. Lately, Britannia quarter ounces are stealing my heart lately. This is because the latent image security feature of the Britannia makes is more secure against counterfeiting, and makes its authenticity unquestionable without needing tools or expensive verification machines, which I believe is very important in a SHTF scenarios, bartering, or routine sales among random people.
Any fellow stacker wants to share thoughts on this?
Yeah I think people are stacking for different reasons. On one hand the sovereign is more widely recognised around the world than a Britannia, and I think if you asked people on the street have they heard of a gold sovereign most people would (despite probably not knowing what it’s worth) The Britannia is known among modern collectors but have ‘only’ been around just over 30 years, pros and cons though like you say the Britannia is a great coin
(part 2) Also scrap gold with a hallmark could be an option as many ordinary people already understand this better than coins I’d say ๐ค
@Sovereign Saurus Thanks for the insight, recognizability has a value of its own. Somebody point out that the weak point of the Britannia was its changing design and that the security feature is quite recent.
It would certainly be nice to see those near-mint and mint sovereigns protected inside 2×2 cardboard/plastic cases in the least. On PCGS, there is still a premium value for MS60+ sovereigns versus the circulated (lower-condition) coins. There are also KEY DATES and KEY MINTAGES on several sovereigns, and so it would be smart to at least provide the minimum protection of the surface of the coin from scratches and environmental damage, certainly having those coins on a table and spilling coffee onto them, or accidentally dropping them onto the ground. Good video.
Thanks for watching. Doing the date run helped me learn more about some of the less common dates. Starting to learn more about the grades and more numismatic side of things ๐๐ผ
I find it amusing when the gold buyers constantly spamming us to sell all our scrap gold as the price is the highest it has ever been. What they don’t tell you, is that gold is about the same price as it was ten years ago. And in relation to the global economy, it’s about as cheap as it has ever been. Instead of a company work based pension, I’ve been purchasing gold Sovereigns and Britannia’s every month since the 90’s….. Cost of living crisis my ass…hehe!!!
Fantastic I bet that’s a stunning stack. I’m sure it’ll take care of you in the future
I was chatting to a stall holder at a weekly market in a small Northern town.
He told me that a local builder had bought a gold Krugerrand ( yes a full one) every week he had been there for over ten years.
I won’t speculate as to why the builder did this, but I saw no reason for the market trader not to be telling the truth.
It soon mounts up like that yes. Holding on to that hard earned ๐
I personally use a modified DCA where i buy slightly more some months and none other times as some months have been consistently cheaper (end of june /july ) and some months have been consistently dearer every year .
Good plan. If there was a sizeable drop in spot or just some really good deals I’d buy a bit more at times too. Equally if price spikes up suddenly I usually give it some time to settle
Good video mate!
I have this coin of year 1904
Nice!
Omg plz do not recommend bbp they are so expensive
It depends what you’re buying. Some of my nicest sovs and best deals have come from there. I’ve always had great service too.
If you’re buying it to hold for the long haul a spread sheet is redundant. 98% wouldn’t even know what a gold coin is / is worth… Stick with 999 and forget these silly coins .
thanks for dropping by ๐๐ผ
Are those Half sovereigns?
Full. I’ve only a couple of halves
Of the 3 new ones in this video 1891 wasn’t minted in half sov size by the Melbourne mint
I’m more of a collector. But I now see it from a different angle. Great video. ๐
Thanks for dropping by. It seems there is a collector in me too ๐
@Sovereign Saurus thanks for the reply ๐
How do you even sell thise though to get your money back out? From what I’ve seen on other videos you struggle even to get the spot price , it confuses me so much
You can sell to the online and many offline dealers for about spot price. The other way is peer to peer to other stackers or collectors. There is an element of assumption that the price will rise over the long term if history is anything to go by. People do stack for a variety of reasons though I’ve come to learn
@Sovereign Saurus I’m concerned with the premiums on the sovereigns though, it’s like 10% now, there’s really a chance you could make that back if you had to sell? Especially if the price of gold doesn’t go up I’d be very worried that I’d thrown money away on every coin. I almost purchased the 1oz 2024 Britannia coin today but bottled it ๐
Hi Any chance I could use this spreadsheet could you attach a link to it?
I will see if I can figure out how to do this ๐๐ผ
@Sovereign Saurus thank you!
Iโm definitely planning on buying more sovereigns for my collection from now on – my last job didnโt pay enough, but my current one gives me more than enough to make buying a few halves, or even one or two sovereigns a month feasible – theyโre my favourite gold coin along with the double eagle, and being in the UK means I can stack them without CGT ๐
Fantastic mate. Happy stacking ๐๐ผ
The gold rush in British colony of Victoria, Australia in the mid 1800โs, Allowed the British empire to pay off their debts and
Set up the British empires gold reserves for decades. Gold is a store of wealth. It took 2 world wars with Germany for the
British empire to become bankrupt. The end of empire.
The heirs of those holding the gold would be glad now.
what about buying britannia 1/10oz gold coin instead as there 200 gbp and 24kt gold ?
Personally I wouldn’t as it’s a larger premium Vs the sovereign. In that price range I’d rather buy a half sov or every other month buy a full sov unless the tenth Oz came up relatively cheap
Just dont open the BTC chart, or you will have FOMO.
Haha. First BTC purchases were in 2017 around ยฃ3k mark
What do you do with them?
Keep piling them up… In future they’ll either be passed on or sold to fund something else I suppose, hopefully something nice and not to cover a very rainy day but it’s there should I or the family need it one day