Why the

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Welcome to my channel.
#royalmint #preciousmetals #coin #coins #coincollecting
Looking at why the Royal Mint is ripping everyone off with their price increases!
This channel is dedicated to my stacking journey and the things I have learnt and experiences along the way.
Giveaway - • Thank you all for the ...
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Email: theislandstacker@gmail.com
For the record I am not a financial advisor and any opinions and comments shared in my videos are not to be taken as financial advice.

Опубликовано:

16 янв 2024

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Комментарии : 27

@365DaysofSilver 6 месяцев назад

Like #7 - great video mate, great topic!

@the_islandstacker 6 месяцев назад

Cheers thanks very much 👍, just crazy how they can increase the price month on month.

@kaynefryday6637 6 месяцев назад

Inflation doesn’t stop , yes it sucks . You make some great points 👍

@the_islandstacker 6 месяцев назад

I understand inflation is ever present but the price difference is mind blowing. Like the proof sovereign has a massive premium it's 50 percent above metal value, but the silver proofs it's out of this world.

@ianbird7444 6 месяцев назад

Stopped buying from the mint due to other dealers being cheaper than the mint for the same coins

@the_islandstacker 6 месяцев назад

@@ianbird7444 I very rarely buy from them, and it's my own impatience waiting for them to be at other dealers that makes me cave 😔

@TheBig50pCollection 6 месяцев назад

Wise words. Notice how price always goes up and never down. I collected al sorts of coins.. but sold a lot and now only collect 50ps. Im sure silverproof 50ps used to be 57.50 when i started collecting. There silverproof coins are kot well packaged and therefor tone quickly as well. Great video, fabulous coins you have ❤

@the_islandstacker 6 месяцев назад

I'm sure it's the same for all the coins across their range £1-5 every couple of months, it all starts to add up. Give it till the end of this year's and a 1oz proof will be close to £150 🤣

@TheBig50pCollection 6 месяцев назад

@the_islandstacker it's a joke mate. And to put prices up on others you've pre-ordered really takes the biscuit. I might have a rant on my channel about prices... postage costs always seem extortionate to me as well...

@the_islandstacker 6 месяцев назад

@@TheBig50pCollection it is crazy, I think the more of us that highlight it the better. I have a call with the mint on Wednesday so will be highlighting it to them.

@TheBig50pCollection 6 месяцев назад

@@the_islandstacker look forward to hearing their miserable answers 😆

@the_islandstacker 6 месяцев назад

@@TheBig50pCollection I will try and record it so they can't argue

@jaredheggs940 6 месяцев назад

Not buying it is how the price goes down…

@the_islandstacker 6 месяцев назад

Secondhand market will be the place

@mcwolfbeast 6 месяцев назад

If they price themselves out of the market, then just stop buying from them. Get other silver!

@the_islandstacker 6 месяцев назад

True, issue is if they are the ones releasing the coins they kinda set the precedent for pricing. Some dealers offer some discounts, but I'm stopping any further silver purchases.

@markmelheim3154 5 месяцев назад

Novelty collection of over priced chuckie the clown medallions.......A STACKER buys bulk

@daveb2280 6 месяцев назад

No one rips you off. You only allow it. That said, a far superior and better alternative is the Canadian Royal Mint. I have many positions with them in all sectors of my PM.

@the_islandstacker 6 месяцев назад

I can I am the one buying, but when they increase the prices when you sign up to a series there isn't much you can do. Agree the Perth and Canadian mints offer much better value overall. Also depends how much you have from other mints, if you ever come to sell as it's not UK coins there will be CGT etc.

@user-ke4uu3mk3k 6 месяцев назад

over £100 for proof silver you do know that proof is sterling silver 92 .5 percent pure its not 999s fine i would call this more than a rip off whos running the mint Dick Turpin

@the_islandstacker 6 месяцев назад

Oh yeah I had forgot some of the latest releases are sterling silver, another way the mint is ripping us off. Charge more for less.

@user-ke4uu3mk3k 6 месяцев назад

@@the_islandstackerbefore you start being sarcastic and taking the piss just take a step back and think to your self why am i still buying this shit all your hard earned money being thrown away i will stick to 999 fine and invest my money in pure silver i know im getting value for money and the other bonus is it doesnt come from the Royal mint

@the_islandstacker 6 месяцев назад

@@user-ke4uu3mk3k I've got nothing against buying silver, it's just not for me. I know there are loads of people that stack it and love it. It just annoys me that the mint is charging these stupid prices.

@the_islandstacker 6 месяцев назад

@@user-ke4uu3mk3k hopefully that doesn't sound sarcastic 😂

@TheBig50pCollection 6 месяцев назад

@user-ke4uu3mk3k chances of silver ever showing a profit on return on investment is slim... 1 ounce silvers are vastly overpriced for the silver in them. If you buy silver be prepared to lose money. Youu may have a small chance of a profit on Bullion bars..