Silver Unboxing! My First Gold coin!!!
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- čas přidán 23. 05. 2024
- First gold unboxing!!!! Stacking with purpose!!!
First gold eagle and rounding up two more silver coins to help fill another tube!!!
If interested in the channel, please watch my last video on how to get gold and silver for free!! In the future it will be used for melting!!
One thing about the fractional, is that if they discontinue it, it will skyrocket. If you look at the fractional, gold buffaloes, or the fractional, platinum eagles, you will see that they have value above their weight. So sometimes it can pay off to buy the fractional. Plus, you've already paid the premium upfront. So you're fractional is more desirable as a payment to somebody else.
If it comes down to it, and you have to eat the premium, you will get the item before the guy next to you.
Very good way of looking at it as well
I remember my very first gold coin. Sold it years ago and wish I had kept it as a keep sake as a remembrance of my stacking journey.
Yeah I definitely don’t think I’ll be getting rid of this one!!
Welcome to gold. Enjoy your stay
Oh I very much will!!! I’m still taking it in!!!
Fractional’s make good sense. Not many people can afford an ounce every time. It’s easier to dump when you need cash.
Yeah i guess not many people share that feeling.
Well done for getting your first piece of gold im a stacker from England and i did the same thing last week i got my first gold piece a 10th oz gold eagle what a lovely coin the only trouble is you cant seem to get direct fit capsules for American coins in this country ive tried every where and i mean every where i thoroughly enjoyed your video good luck with your channel sir and happy stacking from English Dave 😆
Thank you I appreciate the support!!
Nothing like the feeling of getting your first gold coin
It is a wonderful feeling for sure
Nice stack you have going and congratulations on your first gold. I like that black/gold combo too. I hear you on the rounds versus coins for trading too. I need to build back up my basic trading rounds.
I have too many pretty ones that I don't want to part with.
I think if we all wanted to or needed to trade them we would all feel a little heart broken. However we all know that’s what it’s for. So I definitely understand. Thanks for the support!
Congrats on your first gold
Thank you! Appreciate the support
Congratulations on getting a Gold coin. I mostly do Silver, some Gold, and some Platinum. None of them are necessarily better, except they have different purposes. So, I say mix it up! But, I think keeping the Silver you have is better, you already have it. Trading it for Gold is debateable, usually you will lose on any transaction, buying or selling. You can lose on both ends on the same trade.
Yeah I’ve thought about this as well. Which is why I haven’t done it. But it has crossed my mind.
Congratulations! I've been supplementing my silver purchases with 1/10 Eagles in the past few months. Yeah, they have huge premiums, but that's a two way street when it's time to sell, which is hopefully never. Subscribed.
Thank you I appreciate the support!! I agree with you. I’m going to stick with the 1/10 oz for a bit while I also work on my silver stack. Once I’m where I’d like to be. I’ll be focusing more on larger gold.
is hope a good plan? rethink your life
Congrats on your 1st gold!
Thank you I appreciate it!
You are doing well with the stack I started stacking 10oz bars and round then I sold my rounds just stack coinage like the kookaburra and koala 🐨 an pandas main thing is buy what you like
Thank you appreciate it and I agree in sticking with what you like. Are your stacking predated pandas?
I usually try to compare the 10 ounce silver bar to the 1/10 gold. If one is more expensive than the other, then I buy the less expensive one. I'm basically playing the gold of silver ratio but it's easy to see if you compare the price of a 10 ounce silver bar to 1/10 of gold.
Thanks a really helpful way of looking at it!!
I stacking because gold and silver going to skyrocket soon. Because we are gold back. Gold and silver is generation of wealth.
Agree with you, however I never expect it to boom unless we were left in a very bad spot. However this is all in preparation I will happen someday. Even if not in my life time. Possibly my kids.
@@AllAboutTheMetal Have faith It’s going to happen sooner they that. I predict gold will raise 10,000 and oz, and silver will raise 5000 and oz by October 2024. All signs are saying this. Within a few silver going to be expensive to purchase.
Buy gold coins by the ounce for the lowest premium cost. Don't get caught up in coin collector mode. You should decide if you want to be a stacker (cost only matters) or a collector (neato looks matters). Most think they are stacking but turn into coin collectors pretty quickly.
Very true…if you’re not careful, you will be a collector and don’t even know it. IMO an oz of silver is an oz of silver. Try not to get caught up in the intrinsic value stuff because it won’t last
I get where you’re coming from. I know buying 1Oz is better with cost of premiums. However when it comes to cash I’m not the best at saving it. So it’s better for me to buy the gold I can afford each pay check then not buy any. Also I’m definitely not collecting. Filling a tube just helps me keep working towards the next. No stack should just have rounds and bars only.
I buy whatever catches my fancy and try to get it around melt or below. I reached my goals in 2021 on my core stack, so I buy when I have some extra fiat and the price is right. Lately I've been getting beautiful copper rounds. Probably overpaying for them, but I like them.
I honestly don’t like stacking copper. Although I have bars. That’s because I’ve made them myself for free. So if it’s free and adds value I’m all for it. But where are you buying below spot? I’m still new at most of this. So I know there are some groups and sellers out there on pages. But any suggestions. I’d really like to get so “Junk Silver” but I’ve honestly been coin hunting a bit for that. So I don’t pay premiums
@@AllAboutTheMetal I belong to a private auction group and when I have extra cash, I'll participate. There have been a number of occasions that I have been able to get gold and silver for spot or below. I'm in Canada and this is a Canadian group, but I'm sure that you can find American ones around. Recently I got melt 9.2 grams of gold for $15 below spot price, for example. When the deal is good, you go for it. Sometimes someone beats you to it, but sometimes you are the one that gets it. It keeps stacking interesting, since I've been doing it for 14 years.
@@mimaroo1431 thank you for the advice. Much appreciated!!
When I was buying 1/10 eagles people said I was crazy because of premium, that was in 1990. I’m way up now 😮
That is encouraging to hear!!!
I believe Britannias gold and silver are the best value coins to stack.
There cost is what I think is the best. However there spotting is definitely an issue. I just haven’t had to deal with that issue yet.
@@AllAboutTheMetal True milk spotting can be a issue on Brits, but if your looking to just stack a government coin still can't go wrong with them. However is it's collectring a government coin I believe Maples are awesome and have a reasonable cost taking into account premiums. Happy Stacking.
Just traded some silver for 2 ounces of gold today to add to my gold stack.
Yeah it’s hard to time it right with the gold/ Silver ratio, but it is still lower than it has been in a big. So that was definitely a smart move. I think that’s going to be my plan as I build up my Buffalo stack and then use that for trading.
Ah Gold! but remember brother, all that glitters is not gold! Welcome to the realm! I remember when working in the casino and patrons would call out "high society" to exchange their chips from $1 chips to $5 chips! How times have changed! Gold is beautiful and certainly worth more than it's weight, but silver is superb! Gold is overrated by comparison. g2s rations that etc. I hope to see your channel continue to grow, ,prosper, and educate the masses! imho!
Thank you for your support I appreciate it. Unfortunately I’m one of the young ones that you speak of, but I like to think I’m setting myself up better than they are. As well as my kids
cool unboxing
Thank you!
Awesome brother it feels great to get some of the yellow stuff in the stack..I remember my first gold piece i was nervous it being my first time. It was a Austria restrike Ducat but since then just been purchasing AGE 1/10 ozt.
🇺🇲🦅⚖️
Thanks for the support and it definitely is a great feeling!!
Nice first Piece🎉. Keep Stacking. Greets from Germany
Thanks for the support. I appreciate it!
I'm not a big fan of foreign bullion. I like eagles. people stack for many different reasons....dont expect them to tell YOU why in the comment section
Oh I’m aware. I have my own reasons I’d just love to hear them. For those who are willing to share.
mainly people stack to hide their money@@AllAboutTheMetal
British sovereigns are my thing, I find them easier to stack here in the UK due to the tax benefits and prices being about 1to3% over spot, thanks for sharing 👍
Nice pickups, keep on stacking!
Oh trust me I will be. Thanks for watching!
20g bars are the sweet spot 2 bucks a gram to buy gold is by far best but 10g is 4 bucks or 5g for 8 dollars a gram....coins are nice but too much money held up in premium you mat or may not get back
Haven’t looked into any bars yet
I got my first britannia silver coin, never again the milk spot on it was terrible
I’ve been lucky so far knock on wood. No milk spots yet.
My stack consists of gold and silver Kruger's exclusively, utterly boring I know but ... - lol
Sweet!
So thing is better than nothing!!
i dont get the joke
What is your coins mainly they look like British Silver?
The silver I’m holding the most of would be silver Buffalo’s. But I am working on completing my first tube of British Britannia’s.
@@AllAboutTheMetal That looks like a good start along with 90 percent silver coins. I have a few of those.
Silver, gold and some copper, because the $ is 💩
Agree to that!! All to protect ourselves. No one is doing it for us!!
I have a very particular stacking strategy that involves ultimately getting to 18,000 ounces of Silver and 240 ounces of Gold. That would give me ample ability to maintain my current living standards in the future for a period of ten years, if I had no other money coming in. I stack in very particular way that is structured as follows: 50% of my stack is Constitutional or Junk Silver. The other 50% of my stack is .999 bullion divided into thirds. My Gold stack is exclusively 22k variety coins only, and only in sizes of 1/2 ounce, 1/4 ounce , and 1/10 ounce in only American Gold Eagles and South African Krugerrands. The Constitutional side of my Silver stack consists of Morgan dollars, Peace dollars, '64 Kennedy halves, Franklin halves, Walking Liberty halves, Washington quarters, Roosevelt dimes, and Mercury dimes. I try to keep my stack proportional, which means that if I have 100 Morgan dollars, then I automatically also have 100 peace dollars, 400 halves divided as evenly as possible between '64 Kennedys, Franklins, and Walking Libertys, 800 Washington quarters, 1,000 Roosevelt dimes, and 1,000 Mercury dimes. The proportionality probably has more to do with OCD than anything, but the Constitutional is likely the best or most barterable Silver, and the Silver with the most built-in numismatic potential in the longer-term without having that additional layer of value today. In other words, these kinds will continue to become less available and more rare over time, and while I may not benefit, my wife or my son may well benefit from the inherent numismatic/collectible value that these kinds of coins have. The other 50% of my stack is bull divided into thirds in the following categories: Government minted bullion 85% weighted toward American Silver Eagles but also includes the Maple Leaf, the Philharmonic, the Libertad, the Britannia, and the Silver Krugerrand. The second 1/3 of my bullion half consists of generic 1 ounce rounds, and the last 1/3 consists of generic 1 ounce bars. Why do I stack this way? I do it for variety/diversity, which essentially just equates to options. I also stick to 1 ounce varieties and below because it's easier to fake as you increase the size increment, and when it comes time to sell, I don't think that you can assume much about your future selling environment. As such, I want to have the largest possible universe of buyers when I go to sell, and there is nothing that I can't do with ten 1 ounce pieces stacked together that I can do when a 10 ounce bar. I just know that there will always be more people who can buy some fraction of a 10 ounce bar than can actually buy a 10 ounce bar itself. Larger increments give me ZERO advantages but decrease my universe of buyers. Yes, you can sometimes buy cheaper in bulk, but premiums aren't going to matter in a crisis, and we spend more money on snack items, eating out, movie tickets, vacations, and other things that we don't actually need than we're ever going to spend on premiums for 1 ounce coins or rounds related to bars for it to even matter. I would rather know I can find more buyers than to know I got a few more ounces for a cheaper price. Morgan dollars, Peace dollars, and American Silver Eagles and all sovereign or government minted 1 ounce coins have ZERO/NO IRS reporting requirements when sold back to a dealer or LCS. My reasons for Gold stacking the way I do are similar. First, 22k is closest to the circulation composition of 90% that you're going to find without intentionally buying the pre-33 Gold, which I don't like as much. I don't expect to ever see Gold coins circulating again, but so long as that's even a real possibility, I want coins that can circulate without being heavily damaged or defaced through use with the much softer 24k variety Gold coins. Coins are more liquid than bars in all cases, and I'm wanting the largest possible universe of buyers when I go to sell. In addition, fractional Gold can fill the place of a 10 or even a 100 ounce Silver bar, when it comes to the amount of money that I need. Yes, the premiums on fractional Gold are higher, but given the likely price rise and the fact that we will be making use of their wealth storage during a time of great crisis, the premiums are not going to matter. Options, inherent and growing value, reporting requirements, most recognizeable, and largest universe of buyers when it comes time to sell. That's really why. Oh, I keep nothing in capsules and everything is able to be handled, if necessary. Everything is kept in opaque white CoinSafe coin tubes. Air-tights massively increase the space necessary to hold my Silver, and Silver's Wealth Storage Density Capacity (WSDC) is already significantly less than Gold, making air-tights an absolute NO-NO for me. I could do air-tights for Gold, but I see no reason to do so. My 1/4 ounce Gold Eagles fit nicely into Washington quarter tubes, so I just put them in there. I also dollar-cost-average instead of trying to time the market. Typically DCAing will leave you with a lower cost per ounce than the average person who tries to "buy the dips" or time the market, and you also usually end up with more ounces as well. Everyone thinks they can time the market more perfectly than they actually can, but it often takes them years and years to realize that it's been a wasted effort and dollar-cost-averaging is, on average, the better strategy. Nice Gold pickup! Keep stacking!
I love this comment!!! A great wealth of knowledge here. Thank you for sharing. I really appreciate it and it is a lot to take in I love the thought process!!
the cheapest
Please explain? I don’t understand this.
@@AllAboutTheMetal the cheapest metal i stack for weight
@@grisle_smack_607Do you know little about what you say? There are many metals that are cheaper than silver. As far as precious metals, it is priced too low for how rare it is. Nevertheless, it's over 30 for one single troy oz. That's not cheap. That's just less expensive than say, gold.
Junk silver. Cheap as it’s ever been.
Yeah that will likely be next, build up after my coin tubes are full.
Lucky you. My closest coin dealer was charging 24x face a few days ago.