Not All Silver Is Equal - This Is What I Have Learnt Selling £69,000+ Worth Of Silver!

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#Gold #silver #preciousmetals
In this video I talk about how I think we can all buy silver or buy gold for the lowest silver price or gold price and sell for the best silver price or gold price. I propose to call it the Backyard Bullion Buyers Club and this would be a way to save money when buying and selling gold and silver. Investing in gold and silver is difficult and it is even more hard to sell things effectively. I can help by connecting buyers with sellers so that we do not have to rely on dealers making as much money out of us as possible.
If you want to sign up as a buyer please email: byb@backyardbullion.com and if you have silver that you might want to sell then I want to hear from you as well!
This video is my opinion only and should not be interpreted as financial advice.
Join the channel and show your support by becoming a BYB Rambling society member today!
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If you would like to support our channel please consider purchasing our Hand Poured Silver:
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Thanks also to the channel sponsor The Silver Forum!
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Comments welcome below or email me at byb@backyardbullion.com
Follow me on Instagram: @BackyardBullion
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Thanks for watching and I will see you next time!
Topics covered in this video:
Silver Price, Price of silver, gold price, price of gold, silver, gold, investing in silver, stacking silver, silver stacking, investing in gold, gold investing, gold stacking, silver investing, Coins, silver coins, silver bars, buy silver, buy gold, buying silver, buying gold, gold investment, silver investment, how to buy gold, how to buy silver, investing, inflation, recession, silver and gold, backyard bullion, BYB,

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2 авг 2024

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Комментарии : 89

@nickgardener5802 Год назад

It's just pleasant and informative chit chat about something we all like. No egos, no quick rich schemes, Billy Big Bucks investment pressure or ponzi advice. Genuine chat. Love it-Thank you.

@kian925 Год назад

Really wish there was some person, RU-vidr, shop…whatever doing this in the US! There’s money to be made at more reasonable price points. I think my regrets in not knowing about precious metals 20 years ago fuels my frustration as a new stacker now.

@Jack-hy1zq Год назад

Same.

@qrptedmac Год назад

Watching a zillion of these YT metals channels, some have spoken about that and it seems there is no standard. Each dealer may have a different opinion of what they want.

@mydanshi6500 Год назад

I listened to all of it. It’s 2am and I should be asleep but I like a bit of good natured chit-chat about precious metals. I’d rather have a happy life than get stressed making more money for the sake of it too. Calling your wife Mrs Backyard Bullion made me smile😊

@paulm6742 Год назад

Keep doing what you're doing! You're one of a very few RU-vid stackers who's videos I watch all the way through.

@drip369 Год назад

I always listen til the end because other people's perspectives, even if they don't match mine 100%, are always valuable to take in, BYB is a wise fella, and I support his channel with clicking 👍 as soon as I get here, I plug in a channel member emoji for the algo, and a full view (sometimes two) to also boost the algo

@jl696 Год назад

Thank you for your very reasonable and informative content. I appreciate the fact that you are not a precious metals "pumper" or someone who exaggerates the potential profits from precious metals stacking. I also think you are very lucky to have a supportive spouse like Mrs. Backyard Bullion (and she is lucky to have you too) and I applaud your expression of gratitude to her about that. Gratitude is probably one of the most important ingredients to a happy life.

@timwilcox960 Год назад

Interesting, out of the ordinary video - BYB. Your comments about what sells fast and why - and what doesn't - are insightful, which is why I listened to the end. I'll keep them in mind when deciding what to stack/collect going forward, thank you. ;-)

@ugdemach Год назад

Perfect video. Your followers want you to be happy with what you are doing for us all. You have confirmed that you have it under control and are enjoying it. Plus you're making a few quid doing your hobby. I tip my hat to you sir

@stackstacksaveuk5350 Год назад

great channel good luck with the bullion venture.

@mybad8805 Год назад

We stay and listen to the end because you have a way of mesmerizing us with the way you rotate the coins around the table.

@BackyardBullion Год назад

Ha! Great to hear why!

@planetzogg1 Год назад

He's playing a surreal game of curling. Looks like gold won this round 😉

@alazorn6665 Год назад

Another great 'ramble'. Always a pleasure, right to the end.

@Jesse_Dawg Год назад

I love your videos and thank you for these insights! Please MORE! Thank you and take care

@targettmark88 Год назад

great analysis thank you :)

@justdoitadventuresreviews4664 Год назад

100% agree with u on everything u talk about. And u tell it as it is. Learning me a lot about stacking. That why I’m in the cool kids club lol👍ps and I would buy more at one time if prices were lower

@val35 Год назад

I watch until the end because I always find it interesting and you take the time to make them so I feel I should watch to the end

@richardakroyd6479 Год назад

I watched you since I started stacking a few months ago. Love your hand made silver, and when save up I will be more gold. Just had a big vet bill from one of my cats that wipe out my gold fund I had saved up to buy something.

@ethanhockley2546 Год назад

The best way to get silver in my option is in the old circulated British silver I bought some George V florins for £10 an OZT yesterday Often antique/coin shops provide the best deals

@privatecitizen4001 Год назад

Here in the US we have constitutional silver. Our government used to have the coinage at 90% silver. So now coins that were worth face value in 1964 is now worth over 20x face value.

@benjamingawn5969 Год назад

Very interesting ramble. Thankyou

@marcharkins2882 Год назад

Great job again on your video, appreciate all the hard work. 😄

@BackyardBullion Год назад

Thank you so much 😀

@mrssputnik7388 Год назад

Thank you. I watch to the end because it is funny how you always seem surprised that you have rambled for so long. It has an air of innocence. 🙂

@1betterthan Год назад

Your a step up from the radio and i get visual how cool is that, a hello to Mrs BYB.

@dianeshort2821 Год назад

An enjoyable and informative video. Think what your doing is great. It’s said.. if you enjoy what you do You will never work a day in your life. That’s the whole point isn’t it. To do everything on your own terms enjoying the journey as you go. If it’s not broken. Why try to fix it. Think this concept works for everyone. I know I personally like the set up 👏

@AnxiousStacker Год назад

Wow those kilo coins are amazing. Good video and points made BYB.

@ianbird7444 Год назад

We listen because your advice is grounded and based on the little person Facebook is becoming more a dealers website rather than a group of like minded people

@2alawabidingcitzen Год назад

I like being a byb rambler thays why i say the good enoughbe at the end best way to do it.. 💪

@secretstacker Год назад

Always listen to the end and the waffles.. Only watching half way is like reading half a book 🤣🤣🤣 thanks for sharing the insight 👍👍👍🙌🙌🙌

@NereusSports Год назад

Love your channel. A few years ago I tried to sell my low-premium gold coins that are made by the Scottsdale mint such as Cayman Island, Barbados, etc. None of the LCS would buy them, not even at a 5% below spot. One said 20% below spot, because he would need to ship it for melt price. I learned that the high-premium gold buffalos have the premium because it can be easily sold. I am buying the ability to sell it fast.

@richardmetcalf2346 Год назад

I listened to your videos because it gives me a perspective other than what I get in the U.S. Plus I like the accent! 😅👍

@darrell8167 Год назад

I think in the end it's about the weight of the silver not how pretty it is unless there's somebody looking for that certain piece that is willing to pay the collectible price

@NereusSports Год назад

I love this video by the way. You have become human by revealing a bit about yourself, more than just a show.

@TheSilverBackStacker Год назад

Those are some lovely pieces of silver. WOW

@gingerLad Год назад

Haha, 16 mins of nice attitude helps balance myself. Great that it also happens to be about an interest of mine. Would love to be in a position to be employed by you!

@tredici72 Год назад

Nice work, 4 days for all of those Geiger bars to sell was pretty good 👍

@CashAndCoinsYT Год назад

This is stuff we all love to learn, thank you so much for sharing.

@BackyardBullion Год назад

Glad it was helpful!

@Michael-rt3hf Год назад

I have collected gold and silver , but have recently started buying bronze, check out the 1867 Canadian Confederation medal, 10oz they recently done restrike in 2017, the detail and quality is just profound.

@harryzero1566 Год назад

That gold britannia is my absolute favourite, this week i acquired a 10oz Three Graces, 2 x 10oz britannias coins, a Tudor Beast 10oz Yale, and a 10oz Rroyal Arms. All swapped for 2 x 10oz bars and a 1kg Completer.and a discount on 1963 sovereign. A further great week ahead when I take ownership of 3 x Victoria shield back sovs. If I knew that 10oz QB completers were going to be available I wouldn't have bothered with the 1kg equivalent.

@stackstacksaveuk5350 Год назад

im free available if you need a good driver...ford eccosport 2022 vehicle......theres a lack of decent secure deliveries and the system in place is in a bad way with strikes etc.

@brmmrb5780 Год назад

I am in the Netherlands and we also have 21% vat on silver coins but only over the dealers margin. So i can buy maple leafs and philharmoniker for 25 pounds and Britannias 2023 queen for 25,25 pounds. I live near hook van Holland maybe i can do something when you come on Holiday in the summer, ofcourse i want euro. Also a kilo bar i can buy for 766 pounds niue coin bar.

@DaveVantage Год назад

Keep it simple would be my advice, if it works and you are marking money leave it as it is 👍

@BackyardBullion Год назад

Good tip!

@thetoffeedigger Год назад

"Why!" Made me chuckle...

@NereusSports Год назад

I had a 2017 Lion Dollar from the Netherland Mint. This coin was awarded the coin of the year. I paid $3,500 USD. A few years later, I tried to sell it. Apmex offered me $2100 (when gold was at $1600/oz). I put it on ebay, and 2 more years later, it sold for $3,800. I lost about $200 between fees and shipping. Never again will I do this.

@tonynguyen9059 Год назад

From my perspective on the US market, majority of people are no longer buying things that are high price "collectors" items unless it really collectable like the Silver Beskar Bars from the Mandalorian and are now just stacking the cheapest silver whether its Coins, Bars, or Rounds they want it cheap...

@meteoman7958 Год назад

I collected 2 of each of the QB 10oz coins except for the Completer, which is the only one I bought in 1oz gold. They were an amazing series of consistently high grade coins unlike the 2oz variety. That kilo coin is a stunning piece, but unfortunately, the timing is not right for me as I am concentrating on gold now. Americans and Australians are definitely more active stackers than we Canadians. Edit: I always listen to the end.

@MrJamessell30 Год назад

Sold 3 oz the other day £100. Managed to pass premium and VAT onto the end user privately.

@boomer39399 Год назад

Always informative, thank you for posting. The BRICS+ nations are hoovering-up gold, as they turn away from the petro-dollar. Why are they doing this? Are they hoarding Silver sticks as well?

@David_Quinn_Photography Год назад

thank you for all the videos, why do I listen? well I am from the US and I like to hear others perspectives on things I take interest in, I follow a Scottish gun collector on YT because I take interest in what hes about and I learned a lot about gun regulations in the UK from him just like I learn a lot about what you have to put up with on PMs.

@craigmcdonald8539 Год назад

I would happily employ my wife!!! Good answer lol 😂 I had a feeling it would take off and be big. Good luck

@mmpatriot2170 Год назад

Another great video. I’ve really enjoyed your series and this project. I would love to find someone trustworthy doing the same here in the US. This particular video was especially interesting to me. I’ve just sold a 10 ounce queens beast Yale coin through eBay at an acceptable price to me. And I’m interested in buying a 10 ounce griffin, lion, or dragon. I’ll have to spend quite a bit more for those coins than I received for the Yale. And I’m trying to be a stacker, not a coin collector. So, to hear prices that you thought were reasonable For the Griffin, and the Completer, was very useful. Of course, I had to convert pounds to dollars, and the UK is a very different market than the US. But it gave me an idea of what might be a reasonable price to pay for those coins. Thanks!

@mmpatriot2170 Год назад

PS I also want to buy one of your hand poured pieces. They are beautiful and the fact they are hand poured by genuine stacker with a passion for silver, and someone I have learned a lot from, adds a lot of value for me. Do you ship them to the US?

@BackyardBullion Год назад

Certainly do, drop me a email to byb@backyardbullion.com

@crystalsheep1434 Год назад

15:50 agreed

@tsparc2 Год назад

I don't see how sliver makes sense given the premiums + VAT in UK - what you are left with is collectability premiums which isn't a great place to be for liquidity. Gold to me at least is just a far better store of value and easily convertible at a good price should the need arise

@mykittenisagrandmaster4381 Год назад

Love the Queens Beast Series wish that when they were on sale I would have bought more than just one of the Queens Beast Completer 10oz coins

@BackyardBullion Год назад

They are awesome, hopefully we get more to sell in due course!

@mykittenisagrandmaster4381 Год назад

@@BackyardBullion they're expensive now when I first purchased one they were 320 or less depending on the coin dealers now they're 500 or more I saw Apmex selling the 2oz version for close to 300 bucks

@bnr6450 Год назад

Where can I buy Royal Mint sovereigns in the USA?

@keitharmitage1801 Год назад

Perhaps you could move to N Ireland then you'd almost be in the EU. Great video, well done so far with the buying and selling.

@drip369 Год назад

@BackyardBullion Год назад

Thanks man!

@2alawabidingcitzen Год назад

Got me looking for a 95 kookaburra. 🤦🏾

@carltwigg3946 Год назад

Sorry, am I to understand that you have to pay VAT on silver/gold bullion at .999 or .9999 in the UK?

@munkibizniznc Год назад

VAT on silver 20% no VAT on gold

@tracynorman3563 Год назад

Can a person aquire 1 of those beautiful pieces ?

@willc1120 Год назад

Curious what the 1kg Lady Fortuna went for.

@BackyardBullion Год назад

They were 500g and they went for £450 each. Will have some kilo versions this week too!

@willc1120 Год назад

@@BackyardBullionThank you. I have one I'm hoping to sell. Unfortunately, I'm in the US.

@EveryCloud9999 Год назад

Does this mean you will likely have to start charging VAT on Silver sales soon?

@BackyardBullion Год назад

No, these are VAT free as I am just facilitating the sales for other people.

@EveryCloud9999 Год назад

@@BackyardBullion Very interesting.

@EveryCloud9999 Год назад

It’s a great service and there is definitely a market for it. I hope you find a way to expand it that suits you and also keeps it competitive. Be good to see how it develops over time. Best of luck!

@WhereIAM8421 Год назад

In the USA can u send me your blueprint. I’ll do it here and thanks in advance P.s. my wife would’ve said they better listen lol.

@emperorcip9756 Год назад

Why I listen? *shrug Why not? Something needs to roll in the background while I do random 💩

@ynot552 Год назад

👍

@nates4310 Год назад

More waffles!

@RussellBury Год назад

The buyers club is a fantastic idea, anyone can sell at places like Ebay for whatever they want to try and achieve if they are willing to wait and be patient for the right buyer to come along, but for there to be another option where you can sell quickly where both the seller and buyer get a good deal is something that benefits evey stacker as it is another avenue, another on and off ramp to the super stacker highway. Very interesting when you mention the amount items have been selling for, and very inspiring when i look at my own spreadsheet, i have always kept everything valued at a modest and reasonable price in my own records, for example my britannias are all currently valued at £25 each, whatever the year, the fancy ones with the chariots or oriental borders or even the boxed BU ones, and i have all my 2oz queens beasts at £50 each, infact i would say the average value i have put on all my bullion type coins is £25oz, i have a few i value higher like the DC Comics Batman at £40 each and Marvel Spiderman at £80, Black Flag Queen Annes Revenge £50. But to think i could have everything a touch undervalued and for my bottom line to be already something i am in awe of is uplifting. Even my proof coins could do with a revalue, i have a couple of proof QB completer coins that i have valued at £100 each, checked Ebay and they are selling for double that!! 2018 10oz Valiant £180 is also outdated, i need a good afternoon of checking out my spreadsheet as i might have a better stack than i thought!