I’m new to stacking but I’m really enjoying my new hobby. I don’t have a lot of money but my little stack is my little stack. It’s easy to waste money on stupid stuff too but the tips in your videos help!
Do you feel that pure gold has a better feel than alloyed gold like the American eagle? I feel my maple leafs are more reflective and yellow, and the American eagle looks very dull by comparison. Yet somehow the eagle allures me
I made one emotional decision of buying a gold bar when everything else was literally out of stock. As a little boy watching movies, I though the bars were the ultimate way of accumulating gold reserves for whatever reasons. Thanks to you, I will stick to Eagles and Buffalos in the future, and I feel comfortable about it.
You just gave out valuable info. 100% of these other channels have the time and desire to make videos, but 96% of them have never sold a gold coin. EVER Thanks for keeping it Real ✌️
Thanks for these insights. I haven’t bought any gold yet (I’m still in the research phase) but definitely considering it as a hedge against inflation/market crashes.
Most governments round the world seem to be doing their hardest to create inflation. Some inflation can be good for an economy, problem is when it gets out of hand.
You are the man! I love your videos and the collection you’ve established is incredible. One day I will be stacking coins like you! First up, I am going to do the 1/4 oz American Eagle, easily my favorite besides my blood ties to the Canadian Maple Leaf!
I agree to the most popular buying options to go for it. Thanks for covering about the bars too, may be now I would be more inclined towards Eagles and Buffaloes.
The last purchases I did were indeed roosters and Helvetia and German mark. The spot price was pretty good. And also I’m originally from Germany so I have a kind of connection to those coins. But you are absolutely right about selling and that is something I didn’t thought about. I have to go back to eagles and Buffalos. Thanks for the reminder. Greetings from Vegas Ronny 😎
This by far the best Gold channel on RU-vid. Very rarely do I have anything to disagree with. You know when someone has the experience and when someone doesn't. This man knows what he's talking about.
I started stacking bars beginning of this year but traded them in for 1 Oz coins half way through. Glad I have gone with coins for stacking you get a better deal if you want to cash out . great video again .
@@godhavemercyonme3832 This speaks to one of this video's main points, which is to keep in-mind WHY you are buying it in the first place. If you accept the general rule of thumb that precious metals investments should not take up more than 5-15% of one's total assets, then one should keep to that ratio. If you have the financial means to put $60K into a single kilo bar of gold, just know that is going to need to be resold through special channels set up to move larger value bullion, not the local coin shop. A recommendation I see a lot is to store MOST of it in a vault, buy some to trade and some to hold in the event of an emergency.
@@keikofay9804 Well you might be right in some point but here the raw dore gold baes never lose it value and it have it main function in the electronic gadgets manufacturing. So think outside the box and link up to cool deal on how best my company ca help serve you with right specification of gold bars.
@@godhavemercyonme3832 Yes. The way your comment read, I thought you were being specific to the 1-kilo weight option. However, if I misread it and you are referring to all fractional kilo denominations, then I fully agree with you. We are new to buying physical precious metals and have much to learn yet. But indeed, the purity and less fettered makeup of simple bar gold is not lost on us. It's stunningly beautiful. I just happen to like coins, but my husband seems to dig on the aesthetic of bars so we will likely hold both. We plan to buy silver too.
I'm binge watching all your videos. Educating myself about the topic as much as possible before I start buying any gold bullion. Can I ask you a question? I've been seeing the quarter ounce Britannia quite a bit under the eagle on JM and APMEX (522 vs 630) Is the Britannia and Philharmonic still a good buy for the long term stack? I'm thinking about buying a quarter ounce a month for at least a year. What about getting a couple silver eagles a month as well? I appreciate what you're doing and keep up the good work.
I like the 1/4 oz Brits and Phils. They’re both the same 22mm diameter as the Eagles. Of the two I prefer the Brits. I’m not buying Silver Eagles at current premiums. Even if you can get them for $35 or $40 and that might not seem like much, the premiums are wildly out of control. Good luck!
Selling my gold will be the hard part as I wouldn't want to let go of that beautiful yellow metal but I'm sure the huge amount of £$€'s I'd receive would make it easier lol
You nailed it!! Take that profit when you can. Sit on the cash until the next deals come around and buy more gold than you had to start with. Don’t get sucked into the “ I’ll never sell my precious metals “ frame of mind. ✌️
Consider the benefits of NOT falling love with your coins. If you don’t mind selling the stuff at the right time and for the right reasons, then you’ll benefit more from owning it than you might otherwise. It’s only money, which is never as sweet as SOME of the things that money can buy. When I sell gold (and silver), it’s only to buy stuff that will increase in value ... never to pay bills or to be a consumer. I like to take profits when I can, but I don’t mind selling when I have a good use for the money - regardless of price. For example, I just sold a couple of ounces to buy a well-researched spread of mining stocks while THOSE price are low. They will 5X long before the bullion will 2.5X.
I plan on holding gold, selling silver to buy more gold. If I do take gold profits I will not sale more than half of my gold holdings in case mountain peak was not reached.
Does anyone plan on selling soon or holding for long-term like say 10-15 years? I don't have much gold, due to the price of it, but I have had gold for four years and made good profit from it so far
That’s a great point and something I do forget (because I’m not a veteran). I do use them, and My info was part of their security breach, so I have mixed feelings at the moment. Thanks!
I had no idea veterans get that as low as discount? How do they determine if you are one or not because I am one. Would love to take advantage of that!
@@golddividends There is a section describing the process. Just type "veteran" in the search bar and "Do you offer a military discount?" comes up. Click on "here" at end of sentence and the process is described. When your account is coded for veteran, then the prices will automatically be changed. Hope this helps.
There's a coin shop owner in Portsmouth Ohio who sent me a flurry of emails over making an offer he didn't like. He said a bunch of crazy things, but wouldn't take the offer to settle it in The Streetbeefs channel ring. Coin shops have positive and negative sides to them- control freaks are that way until offered a boxing match. Stack on- coins are bomb. GEG
HI 2. I ALSO LIKE $5 & $10 US COMMEMORATIVES. BUT I AM COLLECTING, NOT TRYING TO FULFILL A DEALER'S BUY BUY LIST. I HAVE BEEN COLLECTING THEM FROM THE MINT SINCE THE 1999 GEO WASHINGTON. OVER 9 OZ. OF GOLD TOTAL. COLLECTING GOLD IS REWARDING IN MANY WAYS. *TYU*
I like the idea of commemoratives too. I wish they’d round to actual 1/4oz in the future, and I wish some of them were more interesting. Maybe they need to hire the person making the decisions at the Royal Mint these days. Hope you’re well!
SD Bullion is offering $22.00 over bid for ASE's. I have nothing but praise for them. That said, I have been buying mostly from CMI in the past year or two. Slightly lower premiums with high minimums. I have not sold anything in over 10 years, I am near the end, but an still in the accumulation phase. Done with gold, need another monster or two and I will be done with silver. Looking for mint sets for my grand kids. My bicycle is almost 50 years old. I bought it used when I was a teenager. I think I should get a new one. There is always something.God bless you all!
@@2is1gold I moved to central Tennessee. This is great bicycling! Gentle hills, smooth pavement, courteous car drivers. Such a change from North Jersey. Plus 5 grand kids to motivate me.
Good stuff brother! I am doing the same - trying to simplify my stack. And I finally got the 2017 American Gold Liberty from my LCS!! 😊 I guess a little patience pays off.
@@2is1gold I think they are fair. I wouldn't say amazing - definitely had a better one last year before we moved. Saved a ton vs the US Mint's price though. I might get another one since they had another one 😂 but will do my very best to wait at least a month... Or 2 weeks 🤣😆
Only sold a portion of my stack back in 98 to sweeten a deal on waterfront property. It was person to person and I made out well. Still left a hole in my soul to do that so I became obsessed to replace it. Scored there too due to Gold being less than $400 an ounce. Have bought in what I thought was a dip a missed big time “hello 2008”🤦🏻
So , I just purchased some gold ( first time) I got a 1/10 oz , a 1/4 a 1/2 and a 1ounce American Eagle , Beautiful,,,, this is the beginning of my Gold adventure,,,,,, to be continued,,,,
Stacked more foriegn gold this year than I ever had in the past but I'm still much heavier in U.S. gold. I believe it was the high premiums that influenced my thinking this year. Don't get me wrong I actually am happy with my purchases but I'm really considering my exit strategy with the foriegn gold after watching all your videos.
Premiums and availability messed with my plans this year too. I wonder if the RU-vid commentary influenced me to try some new options too. I get a, "why don't you have any Libertads?" comment every hour or so! 😄
Just picked up my first PC of gold 1 oz buffalo from LCS and it cost be alittle bit more but he had a tester right in front of me and dealing with cash was nice
Thanks for the advice....sounds like you know your stuff and extremely well voiced! This is my initial consideration into precious metals and you explained it comprehensively in these two videos, thanks!
I love collecting coins since I was a kid. Five years ago started collecting when I had money to spend. I would keep my coins even if gold is 10,000 dollars an ounce. Can’t afford gold anymore so I will purchase silver and one platinum coin when 800 an ounce.
I finally broke down and spent the money and bought some Buffalo gold. I sold 70% of my silver stack and slowly moved it in the gold and cash. When you're up 45 50% you got to cash in. Silver should have reached $50 long time ago
@@2is1gold yea fixed that. Lol. I'm 58 years old been following silver for 40 years. During the summer when gold hit an all-time high silver should have easily been $35 to $50. When it didn't break Thirty I sold 29 28 27 holding some for the Long Haul but a lot less good luck happy holidays. 2021 oughta B interesting
@@pauld8790 I've only been following it for 12, but I did the same. If 2020 couldn't send it to $50, we're looking at industrial use cases driving its price. I'm mostly out (of silver) at this point. Cheers!
When selling long distance. I use walmart. Walmart to walmart is a cash deal. And ask the buyer if he wants shipping insurance add that cost. NEVER use paypal. Scammers love it.they just say they never received it and paypal returns the money without your knowledge or permission.
Great stuff 👍😎 although I don’t foresee myself selling any of my gold for years and years 👀🤣. Goal for 2021 is to stack more gold eagles & buffalos and less of the other stuff
Thank you sir, you have a new subscriber. I started few years ago in purchasing 1 oz britannia per year, avoiding fractional. I've always lived in EU and recently changed country for work. After few researches in local shops it seems that premium on those coins is floored at circa 8.5% which feels kinda discouraging..what's your opinion on those %ages in current mkt conditions?
8.5% premium at the time of purchase is pretty high for a 1 oz coin. I shoot for 4% but I've gone as high as 6%. Have you looked at online options? Cheers!
I like the Canadian Maple leaf and have been thinking about purchasing one. However, I'm not a fan of the queens head on it. In your opinion what is the 2nd easiest coin for you to sell?
Great video! It can be tough to stay on track with the more recognizable coins when there’s so many other cool options, but will definitely be beneficial in the long run.
Has anyone ever had a difficult time purchasing gold from an on line bullion clearing house? I recently placed an order from SD bullion and I was using a VPN and my order was flagged and they told me I couldn't purchase from them without sending them my I.D. and I refused. This made me very suspicious OF THEM. The thing that irritated me was it was for just a .25 oz coin, it wasn't like I was ordering tens of thousands of dollars worth of gold. I've never had this problem from any other dealer, I shouldn't have to show I.D. just to purchase a small amount of PM.
Try Liberty Coin on eBay, they are bigger than JM and I've tested all gold pieces and they're real. Liberty coin had been running since 1965, they are solid!
Different dealer weighing in - Although we understand things like this can be frustrating, these sort of precautions are implemented in order to protect the customer just as much as the dealer. We can't speak for SD Bullion or any other company besides our own, but if we see an order was placed from a location far away from the billing address, we would always want to certify it's really the actual customer making the purchase. It would make the ordering process so much easier if everyone had good intentions, but unfortunately all too often this situation happens because someone tried to use stolen card/payment info. This is why verification policies might seem extra strict - it's because most dealers go above and beyond to protect the financial security of our honest customers. We hope this clears some things up! 🙏
Great insight. I have lots of world gold and plan to hold it for along time. Not to say that i Do have bullion that is ready to liquidate. I keep the variety to pinpoint buyers when needed. Whether its junk or super premium, tjers an outlet at anytime i can dump if i had to. Thats diversity at its best. 😊👍
I know I've talked about this before. Sold all my silver and gold in 2012. Had sellers regret over the gold. Now I've restocked with silver and gold. If I sell next time the silver will be easier to let go. Selective gold purchases, not flipping.
@@2is1gold I’m sorry just because I don’t wanna pay full premium at my local coin store for $2,000+ or on the web like apmex or jmbulluon for $1950 for the same 1 oz American Eagle gold coin I could get for spot (today is $1779) + free 1 oz ms70 coin with it doesn’t make a loss to me! I don’t know where your going with this. Just seems like attitude to me
This market needs to be way more efficient. I can understand buying a newly minted coin with a premium but after that it needs to change hands with a much lower spread.
Fist of all, thank you for the video it was well done and Very informative. My question is all my local coin shops have gone up in price upwards of 11% premium. Is shopping on line just good business or should I stay local? Thanks
Mine did too, so I've switched to buying a lot more online. I continue to check in with the local shops, but anything above 7% is uncomfortably high for me. Cheers!
My LCS only gives 95% melt for fractional Eagles, but their premium on 1/10 Eagles is only about 7.6%, so it kind of evens out. It's a shame, though, that the sales tax is 8% on any gold/silver purchase under $1500. It turns a great deal into an ok deal.
Your LCS is taking advantage of their customers. You would be better off selling them to APMEX for a premium. Even after paying APMEX's shipping fee, you would still come out with spot or better.
@@thinkforyourself9311 most underrated comment ever. Most people dont even consider apmex. Their 1 day guarantee of payment and ups fully insured shipping are hard to beat. All my raw gold was quoted over melt when selling to them. No lcs can touch that with gold and platinum. Its a no brianer if you care about your money. In 2020 ive found good lcs can really do better with bulk silver. Based on the current ratio it weighs +/- 70x more for the value so shipping can be cost prohibitive trying to sell 500 or 1000 oz.
@@2is1gold your video is very timely and makes one pause and reflect. Why? It’s almost impossible to buy tier 1 fractional gold coins. I’m limited to Perth mint pretty much but I’m hesitant to buy more since I feel I have enough but not overboard. Are you finding it difficult to buy fractional gold coins? Thanks 😊
Is there a standard “range” of premiums over spot gold such as 4 to 6% and 8 to 13% over spot silver?, when buying and what is a fair % over spot when selling to an last?
Hey there newer listener here, do coin shops usually negotiate the prices of their coins? Let's say they're asking 2K for a buffalo, am I able to negotiate a little bit or is that kind of forbidden in this space? Thanks
Opportunity to buy the 2016W - 3 Coin Set from LCS - 24k Gold Mercury, Standing Liberty, and Waling Liberty (1/10, 1/4, and 1/2 ozt) at an average 7% premium. Thoughts?
When they talk about $10,000 purchase being reported when buying gold. Does that mean any type of purchase whether it is payed by check or the green stuff? Is paying with a check leaving a paper trail?
Nope. There's no additional value to me. One exception to that for me might be for the first strike Buffalos some dealers sell. I wonder if they have slightly better QA.
