If I Had NO Gold & Silver This Is What I Would Buy TODAY!

Рет қаралды 843,039

Жыл бұрын

#Gold #silver #preciousmetals
Hindsight is a wonderful thing and my 7 years buying gold and silver has given me a lot of interesting experience to draw upon. The problem with investing in gold and silver right now is that the market is very daunting. So much choice. So today I share what I would do if I had nothing right now and what my best picks would be for gold or silver or both. Of course, these are just my opinions and not financial advice so please bare that in mind when making your own decisions!
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Пікірлер: 899

@seminumismaticguy8575 Жыл бұрын

For a newbie I'd stay away from eBay etc and stick to a reputable dealer as gold is expensive and so people like to counterfeit them

@BackyardBullion Жыл бұрын

Well said.

@hosehead3179 Жыл бұрын

Alot of ebay coins are sold by reputable dealers, just don't buy from random people

@seminumismaticguy8575 Жыл бұрын

@@hosehead3179 fair point but as a newbie you are unlikely to know what a reputable dealer is , or the many scams that happen on eBay.

@MetalBum Жыл бұрын

@@seminumismaticguy8575 do they have eBay bucks anymore. The 5-10% bonuses?

@aaronrichards19886 Жыл бұрын

@@MetalBum I think they got rid of it.

@abdulrahman31350 Жыл бұрын

When i first started buying gold and silver, it was to protect my money from myself loll. I was young and a big spender. Looking at my stack, its worth quite a bit.

@redenjrpamaybay1253 Ай бұрын

I'm here in Philippines do you know any reputable dealer that can shipped silver in Philippines..like you I don't trust government fiat currency

@justpeachy3183 29 күн бұрын

this is what i do! its like a savings account that takes a lot of work to touch haha

@davesaunders59 Жыл бұрын

Having stacked too much silver v gold your advice on sovereigns rings true to me. I think you are exemplary in your conduct and honesty which is a blessed relief from the pumpers and deceivers littered on YT. Thank you.

@davidfarmer9118 Жыл бұрын

That was a nice way to spend a little time. Thank you Mr Backyard. Beautifully done.

@BackyardBullion Жыл бұрын

My pleasure!

@jessicaeiss2541 Жыл бұрын

I was able to pick up Brittanias for USD $25 and low change on Cyber Monday. It was the same price or cheaper for generic silver, so was quite pleased. I don't think we're going to see that again for awhile.

@DerickAguinaldo Жыл бұрын

Thanks for the level-headed commentary without the hype. Subscribed.

@matthoffman6962 Жыл бұрын

You’re right it’s very hard to outweigh heart. I also agree with you with silver. The problem with silver right now and even gold for that matter so the premiums. If you can get silver rounds/coins at $1-$2 over spot go for it. Most coins are going for $10 over spot and silver will have to go up a lot to make it back. It may go up this year but it’s still pretty risky.

@meshackin Жыл бұрын

Years ago when saving money for house deposit, I bought gold and silver mainly all on ebay and purely based on getting as close to spot as possible using ebay auction sniper service. I made a profit on everything and paid for my entire home deposit by selling my horde of metal.

@isaacgarcia114 3 ай бұрын

Hi newbie to this. Where do you sell your metals at? Hope this isn’t a stupid question.

@XiJingping..155 2 ай бұрын

Could have went the other way, yes could have lost everything, stacking from eBay is a risk

@meshackin 2 ай бұрын

You have to sell to a precious metal guy you have in the area or a precious metal shop. Also, if you don't have the tools and knowledge on how to fully test gold and silver, i would never buy on eBay. Additionally even with proper test tools and knowledge I never buy more that 1/10 oz of gold or 1 oz of silver from a person so if it turns out to be fake there is less on the line as part of the ebay claim... Additionally, I would only trust buying from well established US shops that have stellar seller ratings.. finding a trusted local shop is best and safest.

@XiJingping..155 2 ай бұрын

@@meshackin The Royal Mint ship to the US, so you’ll have all the original packaging, original letter etc, long term, all premiums plus more will be made when selling

@Jesse_Dawg Жыл бұрын

byb rambler here, love the messages you spread and that you actually care about what words youre putting out there

@chainedaddiction Жыл бұрын

I’m in US and been stacking 1 oz Krugs but came to the same conclusion that I wanted some smaller fractional gold so have been stacking .1867 weight euro 20 francs and going to purchase some sovereigns as well. Keep up the good content. Cash is trash in the US and losing value every day.

@Jesse_Dawg Жыл бұрын

I love your videos. Please keep making more. I like that you are very grounded about the precious metal and not hype factory

@Randy-MacDonald 2 ай бұрын

Only started collecting a couple months ago and just found your videos, just subscribed. Thanks for the advice.

@richpederson6691 Жыл бұрын

Thanks for your input on your thoughts of stacking. I'm trying to diversify when I buy, a little at a time. Not saying your right, and I'm wrong or vice versa, but I believe we all have different goals and taste that persuade us into buying certain types over others.

@BackyardBullion Жыл бұрын

My pleasure!

@123johnnymcg Жыл бұрын

Thank you so much for doing this video. While I love watching with interest you talk about the bigger and more expensive pieces it's great you've taken the time to enlighten the beginners like myself among us. I recently bought my first small pice of poured sliver from BYB and the service was second to none. It arrived beautifully presented, boxed and with its own certificate. I can see the effort you have put into it from conception to delivery. Thank you. Keep up the great work.

@BackyardBullion Жыл бұрын

Thanks so much my friend, I appreciate the feedback and support of my poured silver!

@philipbant657 Жыл бұрын

Thank you for that information, new to stacking although I have bought a fair lump of silver my attention was turned to sovereigns and have acquired a few inside my budget. Will continue when funds allow. Thanks again.

@maiabrittany 8 ай бұрын

Thank you. I'm a new stacker and appreciate the tips

@gee3883 Жыл бұрын

Enjoyed the ramble at the end, as a noob you just earned a sub because of it, cheers.

@alazorn6665 Жыл бұрын

Bonus Ramble was ace! Cheers for this mate.

@BackyardBullion Жыл бұрын

Glad you agree!

@indusvision2560 Жыл бұрын

Thanks, first time on the channel, very truthful and honest- good for you mate.

@BackyardBullion Жыл бұрын

Thanks and welcome aboard!

@Giants4641 2 ай бұрын

Thank you sir. Im just getting ready to start stacking and this video was actually a big help. N looking at the older sovereigns they look great.

@pz3j 6 ай бұрын

Thanks for those bonus rambles brothrr. Theyre useful😊

@debrashaw684 Жыл бұрын

Thanks for this great info, been looking to buy for a couple of months but still haven't had courage to do it. Will do more research before buying.

@BackyardBullion Жыл бұрын

Glad it was helpful!

@Kipoltious Жыл бұрын

It's definitely tough to balance what is and isn't a 'good deal'. Even without the high premiums, I feel like many times I am buying metals knowing that I could not turn around and sell it back for the same price. If I take it to an LCS I will likely take a hit on the premiums and if I sell it for a bit more on EBAY, then there is 15% fees as well as shipping to deal with - not to mention the higher risk. I am pretty new to metals and I am realizing more and more that it is definitely more of a 'savings' and a long term investment.

@BackyardBullion Жыл бұрын

Great to hear from you buddy, wise learning happening here!

@akgoldbear7669 Жыл бұрын

eBay is a good platform to sell, but their fees and commissions are killing me. I can't figure out one thing on eBay. A person buys something from me and pays tax, and I can't understand why eBay takes 15% of his tax from me? I understand the buyer pays tax, but why does eBay take 15% from amount of his tax from me?! 🤔 They are basically just stealing money. 🙂

@jeanmader2302 Жыл бұрын

For me it is a hedge. Moms tend to insure back up...just in case, so I don' t sweat the premium. When, and if the dollars go, silver beats toilet paper.

@privatecitizen4001 Жыл бұрын

I keep hearing gold is good saving and not an investment. Gold was under 300/oz in the 90's. That a 600% increase in 30 years.

@benking2882 Жыл бұрын

Gold up 5% in the last 24 months so.......yeah. .....saved

@akgoldbear7669 Жыл бұрын

13:19 This silver bar is just mesmerizing! 🤩👌

@robg7970 Жыл бұрын

Yeah , I've NEVER paid taxes on ANY coins i have ever sold. I stay local and i do not trust usps to mail my gold . Too many packages getting lost or stolen. Stick with a dealer that is fair and pays cash . Lol when it comes to my gold , i leave the government out of that ! Hahaha !

@robg7970 3 ай бұрын

@@jaredroussel My point was .. never mail your gold to ANYONE . Sell to someone local in your area . Plus , selling your gold on ebay or any other online marketplace .. they take a nice percentage of the total . So , if you were to sell a 2 gram gold nugget on ebay for say 185.00 , Ebay will take close to 20 dollars of that amount.

@alan1340 Жыл бұрын

Agreed, I also made a number of poor purchases when starting out. I hope I am somewhat wiser these days :)

@user-oh4xt6wm6m 4 ай бұрын

This is the first video I watched from your channel. It was great.

@2is1gold Жыл бұрын

Late on this one. I was working on a similar video and looked back at my past stabs on the topic. Interesting how quickly it changes - what I said a year ago is already outdated. I'm jealous of your CGT exemptions, by the way. A bit jealous of your Sovereign market as well. We just don't have a comparable choice on this side of the pond. Cheers!

@aerial558 3 ай бұрын

Excellent video many thanks for your expertise with gold.

@MickyDoyle 5 ай бұрын

Thank you for this video, starting my own journey and this was very helpful and informative, looking forward to learning more!

@BackyardBullion 5 ай бұрын

Glad it was helpful!

@paulajohnson6409 Жыл бұрын

I started stacking on 2020 and I am the worst in getting sidetracked into collectibles hoping a few will hit over the top over a period of time. Love the Queen's Beast series.

@benking2882 Жыл бұрын

Me 2 I'm like..."ten ounce Boba Fett coin you say?"

@chanman916 Жыл бұрын

🙋‍♂️😬

@mikenelson7894 Жыл бұрын

Agreed

@scottnesjan3711 Жыл бұрын

No no no.... generic rounds... 10oz bars, until you have a few hundred ozs...seasoned stacker here...

@user-blaster_2012 Жыл бұрын

I think commemorative proof crowns are a good investment. I just bought a 1977 Queens Jubilee .925 silver crown with case and COA for damn near spot price. It's common, but really stunning. A new 1oz silver Britannia bullion coin (same weight) is almost double spot price, even direct from the Royal Mint! An oz of silver is an oz of silver. I'm purely stacking as a hedge against inflation and a store of value, not really for numismatic value. I also started buying a few victorian silver coins, but only if i can get them near spot price. I also have an Aldernay quarter gold sovereign, low mintage. Nice. Thanks for the info!

@riddlermangaming3533 Жыл бұрын

One thing I would say, If you're buying silver in the 10oz bar range, even if silver dips you're typically able to dollar cost down quickly where as 1oz Gold for most people you make your purchase and you can't turn around a week later and just follow the down market.

@robg7970 Жыл бұрын

I also enjoy gold nuggets , especially the very unusual ones , mostly for the fun of it and the rarity. Yes , I have over paid on some nuggets , but I just love them .I pull them out and just look at them under a magnifying glass , so interesting and beautiful.

@RATERGAMER100 Жыл бұрын

I unintentionally started to stack fractional gold because I’ve been using the gold pesos as pendants and have worn them around my neck like jewelry . Pesos are more worth it to me just for the jewelry aspect . I’ve had a few offers to buy my pendants off me because people don’t genuinely understand how much their worth and how they themselves can order the coin and pendant .

@matthewstratford177 Жыл бұрын

I'm glad you mentioned about the capital gains, i have some gold and silver bars after paying the high VAT i was under the impression that "investment" gold and silver was gains tax exempt. Better to keep my investment out of the UK 😅

@mercurialmagictrees Жыл бұрын

This is the first video I watched from your channel. It was great. I am glad I was recommended it. I like to buy some old UK gold coins.

@BackyardBullion Жыл бұрын

Thanks and welcome to my channel!

@markmooney892 Жыл бұрын

I’ve come to a similar conclusion. I’m trying to buy only full sovereigns and half sovereigns. New or old doesn’t matter to me, I do love the old ones but that’s just aesthetics. I bought some 2022 ones just so I had the queens head on them before Charlie gets on there.

@StephenGrindle Жыл бұрын

Many thanks for the great info.

@DS-tt9vz Жыл бұрын

My first purchase was 5 one oz silver incused Indian, followed by a full tube from Sunshine mint, then a full tube of mint sealed Maples. Decided to go for weight so I switched to 10 oz bars.

@BackyardBullion Жыл бұрын

Awesome, thanks for sharing

@BadWeatherfreak Жыл бұрын

Are 10 oz bars harder to sale?

@DS-tt9vz Жыл бұрын

@@BadWeatherfreak I think not. I sold 5 each 10 oz bars in 2012 for spot which was twice my purchase price years earlier. I won't sell for less than spot and I have a few premium bars (RCM &Britannia) which I expect to get higher. Have 1 oz rounds if smaller amount of dollars are needed. The 10 ounce bars would be for major transactions. I won't go higher than 10 oz bars for stacking. Also my LCS prefers keeping them in their original wrapping.

@privatecitizen4001 Жыл бұрын

Bullion dealers will buy bars all day long no problem. Ive heard if theyre giant size bars they smelt before they pay

@scottnesjan3711 Жыл бұрын

This is the best bet 👍

@NonInflatable Жыл бұрын

Sovereigns are wonderful. On a dark winter's night you can light a candle and pour your stash through your fingers, cackling wildly as you do so.

@sirrathersplendid4825 Жыл бұрын

Often go to the coin dealer saying I’ll buy a gold Britannia or a Maple Leaf, but end up buying a couple of historical Sovereigns instead. They’re just cheaper individually, and a lot more fun. Always thought I was just not a very effective ‘stacker’ and was being tempted away by the numismatic aspects, but interesting to see you’ve reached the same conclusion as me. ;-)

@tucsonbubba1574 Жыл бұрын

Love the bonus ramble!

@BackyardBullion Жыл бұрын

Thanks!

@pjdepaolisii 9 ай бұрын

A good take; I agree regarding silver. My only point of disagreement is that some of the limited edition fractional bars can have a nice, reasonably short term increase in value.

@JC-tf9wo Жыл бұрын

First I don’t normally buy either silver or gold based on the design. I buy it based cost. I had a monthly subscription each month but after looking at surcharges and shipping I stopped the subscription and bank the cash and each quarter I buy enough to spend what I accumulated. This way I pay one shipping fee and sometimes I get a lower surcharge based on quantity. Also most services offer newly minted/casted bars and round but also offer a random option I may get a new sealed bar/round or a redeemed bar/round with a random design. Most come sealed but a couple were tarnished however that is easily polished if needed. I normally only choose specific designs on the bars and rounds I’d priced the same. I only buy a legal tender coin if it’s a good deal or design means something special to me on rare occasion

@jesusbaldomeromenchacarang1802 Жыл бұрын

Thanks, It depends, here in Mexico the 50 pesos gold coin is highly appreciated and looked for 😅

@leoguy1609 11 ай бұрын

I buy mainly gold and platinum and been stacking since 1978, have a lot of silver but most of it I bought when it was under $10 per ounce.

@TheFutureisSteampunk Жыл бұрын

I am a prepper and have been stacking silver since 2012. After a few years I sold all the government bullion and the only things i stack now are mercury dimes and Krugerrands because they are the most recognizable gold and silver coins to average people. I have some other junk silver but the vast majority is in dimes.

@BackyardBullion Жыл бұрын

I disagree, Krugerrands are globally known and we're (until the maple in the late 1980's) the premier gold investment coin for the world

@TexAnts-xp7tl Жыл бұрын

Me (as an American watching a Brit complain about taxes): "Were we not justified?!"

@dickdangle1963 Жыл бұрын

Nice ;)

@TexAnts-xp7tl Жыл бұрын

@@dickdangle1963 Thanks! I know it's a joke with a quarter millenia old punchline but I thought it fit well. Lol!

@chainedaddiction Жыл бұрын

Good one!

@shawnbeck3962 Жыл бұрын

And look at us now! Taxed even after death.

@raddastronaut Жыл бұрын

Lol. Just so everyone know the US still pays taxes to the crown. It’s a fallacy the US is still a crown colony just like Canada and Australia New Zealand and more.

@wyrdtarot 11 ай бұрын

I own one coin and it's the 2oz quartered arms and it's gorgeous. No regrets!

@GeoRockNerd Жыл бұрын

Constitutional 90% silver is also a great way to get into stacking without huge premiums, for people who aren’t able to get into gold yet. Totally agree with the 1/4 oz gold as the way to go, if possible!

@GeoRockNerd Жыл бұрын

@@dentside78 Great question, here is the general calculation: Silver value = spot price of silver per oz x (face value of 90% silver coins x 0.715) So for $10 face value of silver quarters today that would be = 24.32 (10 x 0.715) = $173.88 in silver value, or roughly 17 X face value. You can expect to pay a little over spot for 90% coins from dealers and most Facebook group sellers, more like 20-22 X face value.

@PHUCKyoutube689 2 ай бұрын

It's the cheapest fractional. Most of the time generic one ounce rounds are actually cheaper per ounce.

@MetalBum Жыл бұрын

Hey backyard b. Good show as always. ❤ I agree w your views.

@MrJamesstott Жыл бұрын

I couldnt care less what the metal looks like or what form it comes in my goal is always to get as much metal as i can for a certain price

@holly52ful 14 күн бұрын

Wrong. Bars are easy for Mixing in inferior metals??

@MrJamesstott 14 күн бұрын

@@holly52ful What are you going on about? 99.9 is the only metal I will buy and what most people will buy, if it's got inferior metals mixed in then I don't want it, I didn't say what was wrong as what was right I said what I care about and what I care about is getting as much silver or gold as I can for a certain price, I would much rather get say for example 2oz of shitty looking 99.9 gold bullion for say 3500 than I would get 1oz of really pretty looking gold coin for the same price, I'm looking for gold and silver at the lowest possible premium and could care less what it looks like as long as it's 99.9 or finer than I'm happy, you clearly know absolutely nothing about stacking, if you are buying from a trusted seller then you don't have to worry about people mixing in inferior metals as you call it, my advice to you is too stick to something you actually know a thing or 2 about rather than calling somebody wrong on youtube when you have no clue what your on about

@holly52ful 14 күн бұрын

@@MrJamesstott on going on about that it’s easier to fake a bar of gold than a coin!!

@tredici72 Жыл бұрын

Great video. A good portion of my gold has come from local estate auctions, most reputable auction houses sell gold and silver in their general weekly sales, and it pays to check their catalogues, the other week I was fortunate enough to win a 1/2oz gold philharmonic for $900AUD plus 16.5% commission making the final cost a shade under $1050AUD (Approximately £600), it doesn’t happen all the time but on occasions you can grab yourself a really good bargain there.

@BackyardBullion Жыл бұрын

Great to hear, thanks for sharing.

@usaalways1869 6 ай бұрын

Thanks for advice ❤your videos

@ARegularBloke Жыл бұрын

Interesting video and although I personally stack gold exclusively and own no silver bullion it is worth mentioning that in the past silver has spiked high (though only briefly) before falling back to its usual value. With silver it really is about timing and knowing when to offload so as not to miss out on a handsome sum of money.

@BackyardBullion Жыл бұрын

Thanks my friend, appreciate your comment.

@asktheuniverse2718 Жыл бұрын

What do you mean by usual value? Please tell me you’re not only looking at the past 40 years… add couple more zeros and you’ll find out Roman soldiers were paid 1/10 of an ounce per day. $1 silver in 1890 was $100 today. minimum wage in 1960 was six silver quarters which equivalence to be around $25 in Silver today. That was ALL before we used Silver for everything electronic/green energy. It can’t be replaced. Gold is infinite and stored in hordes. All you have to do is look at the historical average for the past 2000 years. Wake up!!!!!

@ARegularBloke Жыл бұрын

@@asktheuniverse2718 That’s nice, but how is this helpful to investors today? Smart investors don’t consider data from hundreds if not thousands of years ago (if we can even have reliable data on commodities etc from so long ago) only that which is relevant in the time period in which they live. Your comments regarding gold is also nonsense.

@PHUCKyoutube689 Жыл бұрын

@@asktheuniverse2718 Gold infinite? Not really guy. A lot less gold is on earth then silver, hence the price. I don't know where your getting your info but I would look elsewhere.

@PHUCKyoutube689 Жыл бұрын

@@asktheuniverse2718 Also people horde silver also and a lot more of it. How many people do you know that have a 1000 ozt of gold stashed away? Not many. How many have 1000 ozt of silver. I bet 1/3 of the viewers have that. Nations horde gold and for a reason.

@timacoata7456 Жыл бұрын

Thanks for the input , I enjoy your videos and appreciate any advice / guidance. It’s good to read all the other responses , the input, knowledge, and experiences. Thanks to you and all others . Question : budget wise I’ve stacked government silver; maples ,Austrian philharmonics, etc… I moved to Gold but bc budget constraints I’ve being buying the 1/4 ounce Gold. IE; 1/4 oz St. Helena Rose Gold Guinea’s . Are these a good investment or should I switch to 1/2 ounce gold ? Please any response Is welcome . Thanks

@loboplateadostacker Жыл бұрын

My biggest stacking sins are buying a silver kilo bar, two 10 oz Beskar silver ingots, and two bleeding edge spanish Lynx gold dobloons from 2022. Hahahah I don't regret it tbh. Feels so lavish, like my own little kingdom.

@andystoolbox Ай бұрын

Before I get into stacking I thank you because, I did not know they tax it. So thanks for the heads up

@jamesedgewood4643 Жыл бұрын

The 50 Peso gold coin is an absolute joy.....and trades well over spot....Krugerrands are a great coin too.....nothing wrong with stacking Krugers.... a sturdy and nice piece of gold.

@smifff63 Жыл бұрын

That’s good to know, my wife was given 3 of them by her grandmother

@keepinitsk8a516 Жыл бұрын

Couldn’t agree more with the bonus ramble.

@BackyardBullion Жыл бұрын

Thanks so much, really appreciate you saying that.

@MrDanrn999 Жыл бұрын

Thank you, for making this video.

@BackyardBullion Жыл бұрын

Glad it was helpful!

@stevebaker6711 Жыл бұрын

Brilliant example. Brilliant show. Great content.

@robinhood2980 Жыл бұрын

Good video, a friend who lost her husband a few months ago asked me about investing a little into gold, I adviced her to buy gold sovereigns and since doing so gold is hitting record levels. Major countries are buying huge volumes of gold before the dollar and world economies collapse and digital currency is thrust on us all.

@johnburrow426 Жыл бұрын

I agree

@YouTube_can_ESAD Жыл бұрын

Lol.

@davidmartin2957 Жыл бұрын

Just love reading some of the posts and there content, you make me smile. How’s Mrs. Backyard just thought I would ask as behind every stacker there’s a mine. Lol.

@BackyardBullion Жыл бұрын

Mrs BYB is very well thanks!

@misterluxfinesse Жыл бұрын

As a newbie I didn't understand much, because you talk a lot, yet I would love to have some of your coins. They looks amazing!

@covercalls88 4 ай бұрын

Thanks for the info. I did stack some collectable silver, junk silver, and gold. As a investment PM are not that good, but OK if used as a hedge.

@brian5975 Жыл бұрын

Thanks for another video

@stuartmcmahon8870 Жыл бұрын

with the cost of living how it is right now, id be surpised if people still had big budgets for Gold/Silver. I'm struggling to stop myself from buying ATM, but im staying strong as I know I cant really afford much right now.

@BackyardBullion Жыл бұрын

Thanks for sharing!

@savagedpepe6930 Жыл бұрын

I recently ordered over a dozen of silver 1oz coins simply so I can finally say I own silver and just cos of the fact of owning a collection of pretty cool coins, my goal isnt necessarily to make a profit

@nooneknows6060 Жыл бұрын

Nicely done!

@thinkingoutloud6741 Жыл бұрын

Gold also has the advantage over silver in that you can carry substantial value on your person , but would require a vehicle to move the same value in silver. Then there is obviously the storage volume required for silver.

@BackyardBullion Жыл бұрын

Totally!

@oliverrowlands4355 Жыл бұрын

I think the second hand market for silver in the uk through TSF for example is pretty healthy and means you can avoid most of the tax premiums, I wouldnt buy new and there is more volatility risk which can be a potential benefit too. Im stacking both; silver is easy to purchase satisfying lumps and as long as they're well liked i dont think it would be too hard to shift them. Gold is definitely more of a head purchase and 1/4 brits/qbs and sovs are where i mostly focus, with a few nice foreign coins to spice things up, generally it does deliver less of a dopamine hit though. Im weighed more towards silver right now but front loaded with pieces i liked, i'm closing the gap over time and by the end of next year expect to have more value in gold. I steer clear of proofs, i dont doubt they will continue to be a valuable market and understand how scarcity can effect price but i get enough satisfaction from bullion and it serves my aims of saving something that is liquid but high enough friction to ensure i dont waste the money. On the bucket list once ive got a decent collection of fractional coins is a cast gold bar, totally impractical and pretty illiquid but something like a perth 5 or 10oz would be art and investment.

@BackyardBullion Жыл бұрын

Thanks for sharing your thoughts, a good read!

@mmpatriot2170 Жыл бұрын

I enjoyed your comment. I have used a fairly similar strategy in the three years that I’ve been stacking. I’ve bought mostly sovereign coins when I could get them at a low premium. Lots of BRITs and some maples. I have one tube of American silver eagles, despite the high premium, just because, well, I’m an American. And then I did get into some more collectible coins. I really got into the Queen’s beast series and paid an absurd premium for a few of the older 2 ounce coins, but it’s pretty satisfying to have the full collection of 2 ounce coins. And they seem to be increasing in value. I also really enjoy the 10 ounce British coins. There’s something so satisfying about their mass and heft. And I’ve been able to pick up quite a few of those at fairly low premiums. Anybody out there want to buy a 10 ounce Yale coin? 😂

@oliverrowlands4355 Жыл бұрын

@@mmpatriot2170 I’ve just been finishing off the QB collection, our premiums on some of them are so high in the UK that I was considering buying in the US through eBay. I also really Scottsdale too, definitely my preferred bar, just wish they were more widely available in the UK or at least with a sensible premium - we really have a weird ecosystem for silver in the UK

@chuxtuff Жыл бұрын

An old stacker told me one time - ASE's or Silver Rounds it makes no difference because they all sound the same hitting the scale or the crucible. Though in the days of high premiums that's not quite true today...

@MELLOWstacks Жыл бұрын

Ramble on, amigo! 🤙🏻

@BackyardBullion Жыл бұрын

Thanks, will do!

@Jesse_Dawg Жыл бұрын

the bonus ramble was worth it

@henryvanderbeek2973 Жыл бұрын

Every time I see a video touting gold and silver, I go and buy platinum......Keep pushing gold and silver....it's working for me.......

@songsan807 Жыл бұрын

I collected some us and silver coins back in the 90s just as a hobby. Wanted to go back and get some silver and gold coins just for fun and gifts. One of the things that spoke me is how there are fake coins circulating. Before the fakes were metallic so using a magnet would help spot them. Seem they got really good at using non-metallic materials and make them weight the same as the real ones. Would be good if you have a video on an easy way to test them out.

@Jaysonbc1234 Жыл бұрын

I look up at the sky at night, I see silver stars. So true, it's subjective, what works for me is it's a gamble and yet an insurance (hopefully). I think next year is when the world changes .

@e34m51 Жыл бұрын

Baht chains are 96.5 , or 23.48 K . You can cut small pieces off to pay for things of value ... I travel to Thailand a bit , you can buy them in gold shops all over Thailand ...Can negotiate or trade straight across , for any gold you bring .

@MrAllenTv773 10 ай бұрын

Next time can I send u some money

@richardkut3976 7 ай бұрын

Excellent, thank you.

@andremarques4948 Жыл бұрын

I’ve been stacking unknowingly since I was born. There was a tradition in the family to gift half sovereigns in special occasions, to the kids. I was never into fractional gold. When I started buying my horde, it was always crafted as an ‘when all else fails’ tool. Now, there is a risk to gold in this scenario: Researching history of gold confiscation, investment gold would be a prime victim. That brought me back to coins. As a historical coin collector, the attraction of older gold coins was also a factor. So the stack of both gold and silver coins now fits into the collection. I go beyond half and full sovereigns… there is also the European unified issue, with Francs, Mark, Lira, Crowns, etc… some of them are beautiful as the Swiss 20fr or the French liberty. I also find very good silver decorative and older household items, very close to spot price. It completely out of fashion, so people are selling it sometimes below spot for silver content. It’s heart breaking to see…

@CreateSniping4k Жыл бұрын

I’ve been buying bars since I’ve started collecting ( only gold ) been tempted to get a 1 Oz Britannia but I’m not sure wether that is a good move, I do like sovereigns but I have a gold fever for 24k only so far 😬

@Tyler.i.81 Жыл бұрын

Great info thanks

@BackyardBullion Жыл бұрын

Glad it was helpful!

@scottnesjan3711 Жыл бұрын

.... the game of metals is 100% dependent... and dependent on age and cash flow... older you are = gold, younger= silver..... of course watching premium percentages over time is crucial... sometimes you have to dip into the the other metal accordingly

@LD_Tush Жыл бұрын

Love that 50 pesos coin ;) pre 1933 gold is where it's at. Although those prices are much higher these days as well

@BackyardBullion Жыл бұрын

It's amazing!

@Kalarandir 8 ай бұрын

I learned the hard way about buying silver in the UK, 1 kg bars, Eagles, Rounds and Britannias. It is simply to be avoided due to VAT and for some, CGT. I wish I had stuck to Sovereigns. Now, it is 1/4 oz Gold Britannias and Sovereigns I purchase.

@dazuk1969 Жыл бұрын

It depends on budget. If you are on a budget I would say buy silver. You get a lot for your money and it will only go up as our need for it increases. Every electronic device has silver in it.

@jt9451 Жыл бұрын

I don't see premiums going down this year maybe next year with gold, silver, or generic silver rounds or bars. Buy what you like!

@andrewkay4746 Жыл бұрын

Nice video! What's your thoughts on half sovereigns for a starting point ?

@gregd4391 Жыл бұрын

Premium on fractional gold is super high. Having said that, I wish I bought thousands of dollars of 1/10 ounce Eagles when they were $110.

@jacc88888 Жыл бұрын

Great video. I’m wondering where you buy sovereigns in the UK with such low premiums. Is there a specific company you use or do you only use forums/ebay etc?

@c17360 Жыл бұрын

Love the sovereigns, but like you say, the modern color bugs the heck out of me; prefer the older sovereigns than the newer ones.

@MR-kl2ul Жыл бұрын

Win or learn, never a loss🙂

@RockHudrock Жыл бұрын

I would buy a lot fewer “nice” gold and silver, because if I had to sell now it would break my heart because I’m quite attached to my carefully accumulated stack. My more recent purchases tend to be more basic (e.g., gold Britannias or Scottsdale silver bars. Still very nice, but a lot less emotional attachment. I probably should just buy totally generic at the cheapest price.

@smartsurvival2605 Жыл бұрын

I have stacking silver but also buy the collectables. Some of them are beautiful.

@kian925 Жыл бұрын

Recently online dealers had 1oz Silver Britannia’s on sale. Since I just started stacking a few months ago with gold being my main goal I decided to pick up a few tubes. I did get sucked in and picked up a 1 Kilo Silver Britannia and I have no regrets! Probably won’t get anymore silver and will focus on gold stacking. Being new I’m excited and want to buy everything. Being in the USA my head has won and eagles are not worth it to me. I stack only Britannia for now. Due to premiums I wait and get 1oz. If premiums come down I’d love to get 1/2 and 1/4 oz too.

@BackyardBullion Жыл бұрын

Thanks for sharing!

@HarrisonCountyStudio Жыл бұрын

I don’t see silver as “risky”. I see it more as volatile…. Meaning; great opportunities to buy into a sector that has zero counter party risk.

@kennethwilliams4874 Жыл бұрын

I'd just buy silver using dollar cost averaging...buy some now, wait a few weeks or months, if it has dropped, buy some more, if not just hold on. And for a pure silver play, I think kilo silver bars are the way to go. A lot of silver for the money but not so huge or expensive as to be prohibitive.

@jonathanakehurst4489 Жыл бұрын

That Mexican 50p Gold coin is simply... Bombastic

@michaeldevlin7747 Жыл бұрын

Personally, when it comes to silver I really just want the lowest price per toz, with a preference for UK silver coins, for gold though I'm not really interested in anything other thank UK gold coins, since they are VAT and CGT free when buying and selling. Also, I like the new sovereigns. I think they will age well. I am tempted to get a half for a ring