What is the “WORST” Silver to Stack? (UK EDITION)
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- čas přidán 25. 04. 2024
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The Britannia has the BEST security feature... it milkspots!
Absolutely!💯
And I never see fakes. Do fakes show up over there?
@@keemo63301 I’ve never seen a fake Britannia
How I look at it is, an oz. of silver is an oz. of silver.
You’re right John, there’s technically no correct answer it’s purely subjective and changes dependent on what pieces you like to buy/stack/collect. Thanks for watching
Depending on the exact get-down of SHTF, you may run into acceptability or verification issues with bars or rounds.
May not work well if a particular local coin store wants to pay less because of the milking. Coins milked don't do as well as those without milking.
Just like indica and sativa under the microscope no difference you would think an ounce of silver is an ounce of silver...but that's a lot of us have learned when you go to sell if you have to not all ounces are created equal😢
@@Tim99-lg7kn I buy from a bullion dealer, they have buy back prices, they are all the same in buy back, prices vary to buy. As an after thought, I'd prefer indica, I like a good body stone.
The UK has tax issues. Unfortunate.
I only recently started collecting silver, i got 1 maple, 3 pandas, 8 Britannia and 1 smp 100g bar. Via a jewel dealer. Its lovely to look at, itfeeks like my own bit of personal treasure which i will pass on to my son, if he sells it or not it doesn't matter, it will be dads treasure to him. But i can see how it can be addictive
That’s great jay, a great gift for sure
@Millie.com232 I just managed to get five kangaroos for £130, there are deals out there to be found, but it is nice to feel in your hands for sure 😊
Silver legal tender should be VAT free.
Buying silver in the UK is just like gambling your money away a terrible investment
The problem with stacking bullion silver in the UK is having to pay 20% VAT on brand new silver. It means you got to over come a 78% premium from dealers just to break even. That's the big downside for me. Platinum has VAT too on new but at least platinum is more likely(or not as may be the case) to increase in value over time and at least break even even with the high premiums from dealers.
You’re right which is why people much rather gold. Gold is better in terms of the return on investment especially. Silver has potential but I don’t really see silver as an investment, I like the collectability and I think it aesthetically just looks nicer than gold😊 platinum is a really interesting one, lots of potential and rarer than gold but much cheaper. That will be an interesting one to keep an eye on for sure
Great information there pal, morgans look very nice i think i need a few of them in my collecton, the robocop is got to be one of my favourites at the minit 👍
Cheers mate, I’m a big fan of Morgan’s you can get them online for a decent price. Worn crowns are good for silver stacking weight they’re slightly cheaper than Morgan’s. I agree the robocop is such a great looking piece I’m tempted to get another
Proof as got to be the worst for me as they look nice but have heavy price tag, I brought a 2023 proof coin set from royal mint, I think I could of got a lot more for the money and think i will struggle to make it back, but always nice to look at 👌
@@Averagestakka82 yeah the proof coins and sets are super pricey for what they are. I won’t buy anymore especially seeming as they tend to milk spot too. Not worth spending the money on imo
Milking subject I have some britannia's without and some came early in the week with milking, what's your thoughts on that and will it effect the price?
@@Averagestakka82 if you sell to a bullion dealer they will offer you the same amount. If you sell privately then there will be a small impact on the price. If it’s a few coins it may be just a few £. If you try to sell a lot privately those £2 each off a coin can really add up. Nevertheless, after seeing how dealers handle bullion I don’t mind milk spotted coins. It was an eye opener for me when I use to use gloves and the dealer would just throw bullion coins on the desk like it was spare change lol. Hope that helps
Unfortunately everything I have from RM is milked includeing Coronation Bar, Una bar and of course Brits, so I am prety much done with stacking Brittannias. 🤷♂️
It’s unfortunate, I’m tending to stay clear from them atm aswell
Charlie's head on the Britannia's might be worth something, if his rein is short.
I live in the USA in Texas and I just started stacking silver. Right now I'm stacking Buffalos. Once I get 20 Buffalos I will move to Eagles then Maple Leaves. However every now and then I would like to add some Silver Britannias to the stack mix. Love the info from the other side of the pond.
Sounds great solo, I’m sure you’ll have an awesome stack. Thanks for watching
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Here across the pond, I like buying Eagles. Can’t alway afford the premiums, but they were down recently and so I took advantage.
Besides that I absolutely LOVE your Britannia’s. Although they can milk spot, they are just stunningly beautiful to behold and nice security feats as well. I have one tube Mum and one Baby Boy Charlie from 2023.
Sounds great, they are nice designs. Do you think you’ll get any more Britannias going forward?
@@Macdonaldbullion Absolutely! But next I would like to get some Maple Leafs and then some Libertads.
Since I’m from UK, wouldn’t it make sense to buy Britannia’s?
Of course😊
Very interesting mate 🧲⚓️👍
Cheers mate
Greetings from your "foreign" Canadian cousins in His Majesty's Commonwealth Realm of Canada.
Greetings!🇨🇦🇬🇧🤝
Does the UK have a capital gains tax for people who stack American Silver Eagles??
Yes😊
Here in Canada the Britannia is foreign but prices are cheaper than maples . I think it might be due to the purity and being treated for milk spotting after 2015 or so. I really enjoy the Britannia coin and the design. I guess after all these yrs living in Canada with pennies a single maple leaf on a coin is kinda bland imo
That’s fair enough, great to hear you like the Britannia design it’s a favourite for many
Definitely need balance for myself. I get 925 scrap silver purely to sell later down the road. Britannias due to cgt exempt, and they look nice.
But have some elements of fun as well. You may never get your money back, but if it makes you smile and you haven't spent what you can not afford, then all good.
If l ever find a Gizmo silver coin, l'm getting as it would make me grin ear to ear.
The Morgan is a great looking coin I like them 🧲⚓️👍
They’re super coins, nice history to them, nice design and a decent amount of silver. Thanks for watching mate
Stirling silver is the best
Sterling is awesome
If you don't think the silver price will get to $100, then why are you stacking? When you've already lost the VAT. Personally I think it will blast through $100
Im more into numismatic and collectible silver now but that’s just me everyone has their own journey. Who knows where silver will go but it definitely has potential to grow. When do you think silver could reach $100?
Ida thought the VAT would make buying silver totally prohibitive?
It does for many, gold is better
@@Macdonaldbullion I think for UK folk gold for stacking and silver for collecting/enjoyment is a nice compromise. Enjoyed the video.
@@garylynch9206 absolutely I agree with you, thank you for watching
I watched the whole video…….my conclusion, NO SHIT SHERLOCK ‼️🤬💩
Thank you for watching, have a great day😊👍🏻
Got rid of the Queen's Beasts. The thick rims of these 2 oz coins are a mess. Good thing the rims are narrow on the Britannias. Too bad about the milking because the coins are beautiful.
Absolutely, can’t fault the designs but they have a big problem with milk spots
Is it worth starting stacking silver in the uk as you pay vat ?
Id recommend doing research as it can be great for some but not for others
Search around you can get second hand Britannia for £25/26 second hand.
You may have to order abroad
@@soul2soul4 I think someone told me you can circumvent it using a VPN. To avoid the tax, but I don't know if this is true or possible
@@jayman6905yeah that’s VAT fraud bud. If you order a small amount expect to get away with it, a large amount id be cautious as it’s questionable at best illegal at worst
IMO Buying sovereign coins is best depending on how high silver is and what the premiums are. You will lose money on silver if you continue to pay high prices. I want my silver as close to spot as I can get it. American Silver Eagle will get you $2 dollars over spot A Maple will get you $1 over spot and Britannia a $1 over spot if you had to sell to your local coin store. Why pay expensive prices for silver.
I’d love to get a sovereign some day but you’re right high premium prices for silver put many off
@@Macdonaldbullion I was referring to Silver sovereign coins. The purity and precious metal content of sovereign coins are guaranteed by the nation that minted them. They are easily identified and can be easily verified, making their resale much simpler. For example the American Silver Eagle, Maple or Britannia. These can carry a high premium.
The Morgan’s absolutely agree. You had the silver value and the numismatic value. The problem lies with condition. Some people think just because it’s a Morgan it’s gonna be worth a lot. The US mint had minted so many. They have flooded the market. And you can find them in very good condition.
I find the premium for silver so false. When silver wax about 73p per gram you could buy a Brit for £33.80, then the price dropped to 70p per gram and a Brit cost over £34. You just can't make it up, the premium setting is just ridiculous
Premium for silver is super high right now, I think we’ll see a drop in price soon
It is bad to buy only Britania and maple i like only these coins !!!!
Great choices two of my personal favourites😊
Those 70s American coins with naked women on them. Or Shreks
Thanks for watching rust😊
When did the American's make coin in the 70s with naked women on them? I don't recall this!
@@NicsCoins probs in the 2000s lol. But the trashy coins of strippers and heads you win tails you win and a naked woman on it. They look older probably because smaller project mint costing less. Look like the sort of thing you’d get at a gun show.
You NEED a pop filter on that microphone. Your "Ps" are popping like mad.
Thanks titan I’ll see what I can do
Unless you are a industrial company, or a jeweler, silver is not usefull. Gold is tho.
Gold is better than silver imo it’s just very pricey
@@Macdonaldbullion yes haha
Do you own gold ?
Fractional yes