Should you buy from the Royal Mint?
Vložit
- čas přidán 27. 07. 2024
- Should you buy your Precious Metals from the Royal Mint? Find out in this short video.
Please leave your thoughts below.
I am not a financial adviser and these are just my own thoughts. Do your own research and invest wisely.
Thankyou for Watching.
#Preciousmetals #Gold #RoyalMint - Jak na to + styl
Thankyou for watching! If you enjoyed this episode! Don't forget to Subscribe & Click the Bell so you don't miss another episode!
You answered my question. Thank you! 😊
Glad I could help!
Would love to see another unboxing video soon. It might be nice including reasons why you picked the design of the bar/coin also :)
Thankyou, I will do that. More unboxings coming soon!!
The 5gram Britannia is a stunner... that is an awesome piece and I bought one myself. Even the card it comes in is very tasteful and nice. The 5gram size is very nice size too. Not too small or big. And the silver Luna & Lion bar also is a winner. I think with items like that you'd have an easier time moving them if the time came. Because they veer into the realm of art. We're no longer just buying bullion but something that has real aesthetic appeal, and people will seek out and pay more for that.
I couldn’t have said it better myself. You basically voiced my own thoughts here in the comment. I’m glad you enjoyed the content. Thankyou for watching Slow Ride :)
Another great video also 🙏
Good video. I find the Royal Mint a relative bargain. Just ordered a 2022 gold Sovereign and it was about ~$40 over spot and free shipping across the pond. Right now, ASE are ~$13 premium and a 1/4 oz AGE is a deal at $70-75 over spot. I love the Platinum Jubilee design and I’ll probably get a double sov and some of the other years.
We can buy gold Britannia’s (new design is absolutely stunning) at about the same as offered by the mint, maybe a bit less on sale. Everything is relative, but so far I’m impressed with them.
Fantastic buy! The Royal Mint really does have a great reputation for re-sale! Keep Stacking Richard!
In a nutshell...YES.
Great video brother 😎
Thankyou mate!! Appreciate it.
I order coins regularly and a little bullion on occasion I find the costs ok and in the case of bullion very fair it really is a personal choice as the prices are shown you make up your own mind there is no rip off in my viewpoint
Try Tavex Bullion. Same Bullion cheaper prices and you can use my discount code on selected Gold and Silver.
Code - FUTUR3INVESTM3NTS
Hope this helps : )
Two years later......the answer to this is quite simply...YES!
Wow! Thanks for checking this video out after all this time mate! I agree! It’s still the same!
Great video - #55 like 👍🏻
Thankyou :)
Another idea for you is Coins vs bars? 1oz silver coins vs 1oz silver bars and vice versa for gold :)
Good idea. That will be done in the future
Royal mint is honestly trusted and decent
Absolutely!
So are many bullion dealers in the U.K., such as Chards of Blackpool, cheaper than the Royal Mint.
Excellent video, just wondering isnt investing in coins ( ex britannia-2023-1-oz-gold-bullion-coin-in-blister ) is better option to save CGT for UK residents ? As you mentioned you are investing it for long term ? Please let me know, if I am missing sonething.
Thankyou 👑
Yes, absolutely! Britannia coins are CGT exempt. Bars are not. I’m only stacking Britannia’s now for that reason. The benefits are very good.
I just started this year. I bought a PAMP and Royal Mint 5g 24k each.
It feels good knowing that I have a physical currency that is stable and only going up in value.
It feels so good doesn’t it!! Keep going. Maybe worth checking out my latest video. It’s got some information on there that you might find helpful :)
@@FutureInvestmentsBullion initially, I was planning to collect just PAMP gold Bullion but its your videos that I saw the Royal Mint ones and they are a beut.
Though may I ask if they have like a Certificate like VeriScan for Pamp?
I like to have something to authenticate the Royal Mint Bullion
Also with bullion it can be kept at the mint and resold back to them
It can, although most people don’t as that defies the reason for buying Tangible Bullion. But each to there own : )
small pieces are meant to be stored away for decades, no such thing as flipping gold,
That’s correct. I never suggested that they are flipping. Long game for them 100%.
problem is if you look at Atkinson's Chards the same coin\bars are normally cheaper than the mint but also have to remember gold bars even Britannia bars are not CGT free where coins are
Hi Ian. Yes, they are definitely cheaper. Worth buying from them aswell for sure. Thankyou for watching.
The question is are you a collector or an investor? Buying all the new issues is hard to keep up with and may not make you any money. Personally I would only buy cast bars, 1 kilo silver cast bars and 1 ounce gold cast bars as minimum weights.
Hi Richard. I love that question. I am an investor. I am not interested in collecting sets. I only want to make smart investment choices to insure the rest ROI. Thankyou for watching!
Agree with all you say.
Royal mint is sound of you live in uk. When you purchase you know it is legal and the real thing. You might buy cheaper elsewhere but risk being ripped off.
Royal mint bullion coins are good.
I think proof coins in the short term not such a good investment.
You can’t go wrong with gold sovereigns or gold or silver Britannia’s.
Your good bars from royal mint look good. I think you could do well to have a few silver bullion coins as well as those 007 or Una bars
Buying from Canadian mint I think would be costly from you. Austrian mint though sounds more economic.
Good presentation of bars.
Thankyou for your comment. I’m glad you agree. I would love bars from the Canadian mint etc but the postage would just destroy the margins in pricing..
Royal mint 25x 1oz silver British, 630 small registered home business owner online group 575, Royal mint quarter oz gold brit coin 389 online group 355, yep makes sense to stay with Royal mint. I wouldn't use ebay but a group with 1000s of members with constant monitoring and lots of feedback and vouches whilst saving a few grand a year.. I know where I'm going....
@@philpots3216 I also don’t get precious metals from EBay. Personal presence but maybe it works for some people.
The RM are very expensive compared to Atkinsons bullion in Birmingham I purchase Britannia’s from Atkinson and they are a lot cheaper than RM Thanks for you videos and unboxing shows
You are correct RM does have high premiums. Thankyou for watching :)
I've just checked and the price of a 2022 gold sovereign from the RM and Atkinsons are virtually the same.
Why buy from the RM, buy from Apmex, JM etc
I live in USA and I have never bought from the RM directly. I do buy RM products from US retailers. I've wondered if it would be cheaper to buy directly but I always assume the shipping would bite me. I also wonder if the package would survive all the hands touching it before it gets here. In US, free shipping is usually at $200 purchase level. So I tend to buy $200 at a time. Of course, if I buy 1/4 gold or 10 oz silver, the purchase price will be more. I always wondered how the beautiful 1 oz silver Brittannias can be among the cheapest coins in the US. Are they dirt cheap in the UK?
It’s difficult to say regarding shipping but I believe it would cost your more then normal which then would eat into your bar purchase cost. They are not cheap over here in the UK, nor are they expensive. I would say the pricing is fair and accurate in relation to the spot price. I would love some American pieces myself also!
Good vid .
Thanks mate.
Thankyou mate!
Yes cheq the prices ,there premium ,s are out of control 🥴
What do you mean by premium? Also would the gold lose value when you sell it if you have touched it with your fingers? because i would love to hold a gold bullion to feel what it feels like. if i buy gold it will be when i have the money to buy a 1oz gold coin or bullion. Will i make money in the future? Thanks.
Premium is what the bullion dealers add on to make their profits. They buy it at spot price and sell with premium. And no, it won’t hurt the value if you hold it with your hands.
@@FutureInvestmentsBullion Ok, thanks for explaining what Premium is.
i have a question about the S&P 500. if i invest £100 in the Stock Market is it possible to lose more than the £100 i invested is the stock doesn't do good or another reason?
For investment there is no reason to pay the premium from RM. A good bullion dealer will always give you a better deal and as long as you use a well established company there is little to no risk at all. Buy cast bars in reasonable liquidate-able weights - just save up until you can afford them. No point investing in small bars or small coins as you'll have to wait a very long time to get any yield. If you're a collector then buy what appeals to you but don't expect to get better prices when you come to sell them. Gold is gold is gold and gold dealers will only look at the amount of actual gold and will ignore that fact that it's a nice looking coin or that it has a nice design on it.
Very well said Neil and fantastic advise I will take on and so should others. Thanks for watching and supporting the channel!
Gold is for storage of wealth unless you are a reseller
What is the difference between buying a Royal Mint Gold bar (Britannia) from a dealer other than The Royal Mint itself.
Is there a difference in quality or future price? I noticed the price of 'The Royal Mint Britannia Gold bar' is way cheaper at Atkinson Bullion than on the Royal Mint itself. Please advise
Hi! Brilliant question. There is no difference in quality. The Royal Mint sell at a bit of a higher price as you buy direct from them. You can find the same items cheaper at places like chards or Tavex.
@@FutureInvestmentsBullion thank you. Another couple of questions if you don't mind.
What are the most secure and authentic places to buy Gold in the UK?. I have noticed that the only gold certified LBMA member in the UK is The Royal Mint. Does the LBMA membership matter?
What is the best time of the month to buy Gold. I have noticed that usually around the 1st of the month, Gold prices are higher (may be because of pay day?) @FutureInvestments
I rarely buy direct from the royal mint, it’s so much more expensive than dealers.
This is very true!
I would like to see an unboxing video of gold bars or coins
Sure, they will be coming soon 👍🏻
What do you mean by “premium”? Sorry, I wanted to learn more about bullion but I don’t know where to start.
No problem Ella. So premium is the extra price that bullion dealers who sell gold and silver add on the make there profits.
Spot price is the current flat rate price of silver and gold so it gives you a guide of what it’s currently worth.
However when you buy Gold or Silver, Platinum or Palladium from any reputable bullion dealer company they will inevitably add there “Premium on top of the spot price” so they can make a profit. They vary so I would advise shopping around and finding a dealer that you like the reputation of and price of their metals. Thankyou for watching.
Well done! Thank you so much for the answer. Do you have idea if are there numbers at the back of the 5g happy birthday royalmint gold bar?
@@ellarbrbs5839 No problem. Thankyou for watching. I don’t know if there is specifically to that bar. But normally there is some form of serial number of way of identification. Pamp Gold has scan codes on to check its legitimacy and the Royal Mint has a security feature on some of there gold which is a form of a padlock which shows only at an angle on the bar or coin.
@@FutureInvestmentsBullion I appreciate it! Thanks again. 🙌🏼
Yes, how can you even ask the question the answers in the "Royal"
No question is a stupid question. Thanks for watching Paul
They all are from mint to e bay to private especially coin shop ! The premiums are high for silver , I have been buying gold ! And deals in both ! The Royal mint is good in gold but silver contact marks scratches ! When I buy ! I like pristine gold and silver pieces ! 35yrs buying ! Now from ABC They buy back ! Their metal is spotless no marks and they buy from Royal mint to . But they get no dings bangs and scratches across face of queen !
Wow! 35 Years. You must have a very good stack. Thankyou for watching Oleg!
I can only aford the small amount
Hi Michael. That’s absolutely fine. It’s better to start small then never at all. Thankyou for watching.
Does it actually dawn on you that not everyone thinks in profit or value??
Well Nigel. You’re in the wrong place then. This is a investment CZcams Channel. That’s what we do, talk about money and investments.
hot dog...
As this video is 2 years old, have you made any profit yet on your investment?
I sure have ☺️
In a general sense all mints are a rip off, especially the “limited edition” stuff.
Yes, unfortunately there premiums are inflated to make profit. Thankyou for watching Tom!
@@FutureInvestmentsBullion nothing wrong with making a profit, and there are sunk costs that have to be recouped like the dies, but the overpriced “limited” edition pieces command above average premiums based on someone thinking they have something other than a piece of bullion. Love the content. Thanks.
Yes. Obviously.
You can literally get everything cheaper from their retail partners. 😅
That’s true!