Coin Dealer Says... Don't Buy American GOLD Eagles! There Are Better Options for Fractional Gold

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T the Silver Stacker

T the Silver Stacker

Жыл бұрын

Are American Gold Eagles a bad buy when it comes to fractional sizes? Which gold coins should you buy? What are the better alternatives to 1/10th, 1/4, and 1/2 ounce gold American Eagles? Watch and listen to the advice that this coin dealer gives his customers. Feel free to share your thoughts down in the comments section. Is he full of beans or is he really on to something? Let me know what you think. As always, thank you for watching! ~T
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Disclaimer: T the Silver Stacker's video's typically consist of conversations surrounding education regarding and the acquisition of, but not limited to the following: silver, silver spot price, gold, gold spot price, platinum, silver coins, generic silver rounds, collectible silver rounds, fractional gold coins, pre-33 gold coins, ancient coins, American Silver Eagles, Perth Mint Coins, Mexican Silver Libertads, Fractional Libertads, Proof Libertads, Mexican silver Onzas, junk aka constitutional silver, silver bars, vintage silver rounds, platinum, vintage silver bars, Morgan Dollars, Peace Dollars, paper currency, numismatics and coin collecting in general, history, silver spot price, gold spot price, coin shops, coin dealers, coin shop videos, how to sell silver, how to sell gold, and more. Please understand that although the conversation frequently touches on the state of the economy and how it affects the accumulation of precious metals (stacking), T the Silver Stacker is no way shape or form a financial advisor. Glean what you will from the silver stacking philosophy shared, but ultimately the viewer is responsible for making their own decisions. Some of the links in this description are affiliate links that provide me a very small commission at no additional charge to those who use them.

Пікірлер: 329
@TtheSilverStacker
@TtheSilverStacker Жыл бұрын
Here’s more from Russ. He decided to answer some of the folks who were critical of what he had to say. Go check out his channel and tell ‘em T sent ya! kzbin.info/www/bejne/nYqke36qYs6Amc0
@noicue8078
@noicue8078 Жыл бұрын
I only have one LCS near me, and he’s 40 minutes away. So when I go there with my budget money, I tried to walk out of there with gold if he has it. It doesn’t matter to me if it’s a Fractional’s bar or a Fractional’s coin, I got to get me something. 👍 Thank you guys.
@TtheSilverStacker
@TtheSilverStacker Жыл бұрын
Right on!
@mauriceorayii2964
@mauriceorayii2964 Жыл бұрын
But here's the deal: Very affluent people who aren't worried about premiums are buying the eagles because of the ease of trade. I honestly believe that wealthy people are whom the market intends to sell the eagles to.
@buyystocks
@buyystocks Жыл бұрын
have been buying proof eagles since 2018 and got many back dates for the same price as the newer dates. im very happy with proof eagle prices, but I agree today buy 1 oz bars and such.
@TtheSilverStacker
@TtheSilverStacker Жыл бұрын
Wealthy people may be the only ones stacking eagles these days.
@michaelrodriguez3329
@michaelrodriguez3329 Жыл бұрын
Affluent people arent smart at times . Over paying way over is not always the best move. Better off buying Generics or Maple Leafs. But ...to each their own.
@SmithsnMoz
@SmithsnMoz Жыл бұрын
That billionaire lady in Texas was mocked for buying almost 1 Million Silver Eagles 7 months ago. Nobody is mocking her now!! Good for her! 👍
@michaelrodriguez3329
@michaelrodriguez3329 Жыл бұрын
@@SmithsnMoz She would have got a lot more silver if she would have bought silver bars . And if she would have bought back in 2015.
@Synaxisofthe70
@Synaxisofthe70 Жыл бұрын
Finally getting some love for the fractional gold. Sovereigns and 20 francs are the way to go these days!
@TtheSilverStacker
@TtheSilverStacker Жыл бұрын
Right on! Most of my gold is foreign.
@cardaveux
@cardaveux Жыл бұрын
20 francs could be from France, Belgium or my country Switzerland the 20 francs Goldvreneli it's called in my mother language.
@patrioticstacker
@patrioticstacker Жыл бұрын
Ugh I can’t stop buying 1oz gold eagles or buffalos 😩they are my fav gold to stack but I do love to stack my maples and Brit’s also
@TtheSilverStacker
@TtheSilverStacker Жыл бұрын
I think you’re good with the 1 oz. It’s the fractionals that aren’t worth the premiums in his opinion.
@patrioticstacker
@patrioticstacker Жыл бұрын
@@TtheSilverStacker yeah I agree
@lisabibby6274
@lisabibby6274 Жыл бұрын
I stack the exact gold coins as you. I did add 20 1/20th's during the holidays of Philharmonics, they were an amazing price. Happy stacking.
@miketerry6036
@miketerry6036 Жыл бұрын
Brits are the way to go because they come from the oldest government mint on the planet, and the premium is low, compared to Canadians or eagles, and they’re from a sovereign nation. Everybody knows about them.
@RoyalKennedy601
@RoyalKennedy601 Жыл бұрын
Me either I’m trying to get a full tube of them 1 oz . I’m up to 13
@fareast_de
@fareast_de Жыл бұрын
Awesome vid and very reasonable recommendations, thanks ! There´s a certain thing called COMPETITION on these markets: if the premiums on gold eagles or Canadian maples are insane, there are tons of alternatives like Austrian ducats and coronas, British sovereigns, German 20 Mark, French 20 francs, Swiss 20 Franken, Mexican 50 pesos etc. etc. And: a lot of them are historic and got very low premiums. So, gold is gold, and the cheapest item will be the winner ! 🤔Just my 2 cents. Saludos desde Alemania, U.
@TtheSilverStacker
@TtheSilverStacker Жыл бұрын
Yes! Exactly!
@drewmcclintock7034
@drewmcclintock7034 Жыл бұрын
The Eagle is the most well known gold coin in the world. May pay a little more for it at the beginning, but when it comes time to sell, the premium will certainly be returned. Well known mints gold bars or American gold coins for sure.
@rustyshackleford2719
@rustyshackleford2719 Жыл бұрын
It's the most known American gold coin but rather bold to say it's the most known gold coin in the world. Go to Asia with your gold eagle and a 9999 gold coin. See what the people prefer and it certainly isn't the eagle.
@braciole7667
@braciole7667 2 ай бұрын
No, you will not recuperate the obscene premiums for eagles. Unless spot increases considerably, you will be stuck.
@bullionaddict9164
@bullionaddict9164 Жыл бұрын
I'm not one to be negative on my comments, but the spread on the American gold at their shop seemed a bit wide, especially on the 1/10.
@jdzazz4155
@jdzazz4155 Жыл бұрын
Thank you for asking the right questions! Knowing what I can sell a coin for is super important to me before buying it. Awesome video!
@TtheSilverStacker
@TtheSilverStacker Жыл бұрын
Happy to help! I appreciate you watching!
@Basileios1974
@Basileios1974 Жыл бұрын
Great video! Both the Austrian Ducat and the British Sovereign are really good coins! I wouldn't discount the other fractional type coins from Austria either. The 4 Florin, 10 Kronen, 8 Florin & 20 Kronen coins. All of which had even better premiums before covid but they are pretty interesting compared to true fractionals. Most of them are still minted by the Austrian mint today (though some of them seem to be out of stock at the moment!). Btw the 100 Kronen coin shown in the video has about the same gold content as a US pre-1933 twenty Dollar coin.
@juliusstriker4465
@juliusstriker4465 Жыл бұрын
If a dealer offered me spot for my 1/10th eagles I would laugh in their face and look for a new dealer.
@TtheSilverStacker
@TtheSilverStacker Жыл бұрын
Best wishes!
@jacobmanalang8162
@jacobmanalang8162 Жыл бұрын
with everyone on a buying spree you just opened me to options i didnt consider before. the stacking journey continues
@TtheSilverStacker
@TtheSilverStacker Жыл бұрын
Glad it was helpful!
@weeklybullion
@weeklybullion Жыл бұрын
Well T.., I was all set to go pick up another Eagle or Buffalo tomorrow... and then I came across your video today. You've definitely provided food for thought! He definitely had some good recommendations and alternatives. I'm really enjoying these LCS interviews, T! Thanks for sharing.
@TtheSilverStacker
@TtheSilverStacker Жыл бұрын
Right on! I think one ounce eagles or buffaloes make sense. There are alternatives to consider if you’re going fractional. More coin shop videos to come. Thanks buddy!
@dustoff1472
@dustoff1472 Жыл бұрын
Excellent info. Enjoying the channel. Tks for sharing.
@TtheSilverStacker
@TtheSilverStacker Жыл бұрын
Thanks for watching!
@mrst4903
@mrst4903 Жыл бұрын
Nice video T, it came out great!
@TtheSilverStacker
@TtheSilverStacker Жыл бұрын
Glad you enjoyed it. Don't yell at me anymore! LOL!
@georgev6682
@georgev6682 Жыл бұрын
Hi T, great video. Anytime you can save money, get some beautiful coins and get educated at the same time, I'm in. Stay strong brother 💪.
@TtheSilverStacker
@TtheSilverStacker Жыл бұрын
Right on!
@nathanr.494
@nathanr.494 Жыл бұрын
kinda surprised russ didn't mention fractional gold bars. those are also a option for low cost gold.
@bobsacamano7653
@bobsacamano7653 Жыл бұрын
Bought tenth ounce gold eagle last month for $217 at my LCS. Premium still high, but I can sell it for that price now.
@TtheSilverStacker
@TtheSilverStacker Жыл бұрын
That's a darn good price! Congrats!
@houserental5424
@houserental5424 Жыл бұрын
That doesn’t make it a smart purchase because the market helped your dumb purchase
@bobsacamano7653
@bobsacamano7653 Жыл бұрын
@@houserental5424 much better than buying a house at the top of the market
@aaronschen9896
@aaronschen9896 Жыл бұрын
Doesnt really add up, everyone wants eagles and supply is limited so the price is up. If he "has" to charge 270 for a .1 age but is saturated with them so can only pay spot? Simple pay 220 for them charge 250 and watch them fly out the door. Old euro gold is cool but much harder to sell and you have to be able to do 2nd grade math which unfortunately is a big ask for some
@martinharris7197
@martinharris7197 Жыл бұрын
Great tips on foreign coins and premiums. Thanks T
@TtheSilverStacker
@TtheSilverStacker Жыл бұрын
Glad you enjoyed it!!
@bobs6682
@bobs6682 Жыл бұрын
I tend to look at gold as only expecting to get melt value, then anything after that is a bonus. When currencies collapse, it probably won't matter much if it's a dollar, euro, pound, etc... Every time I listen to a Sherlock Holmes audibook, and he pays someone a gold sovereign, I get the urge to add one to my collection, haha. ( haven't yet )
@user-gt4jz5ps8s
@user-gt4jz5ps8s Жыл бұрын
Agreed 💯 don't fall in love with it. Just good business, I'm not worried about how it looks. Is it pure, and weight!!
@markharcourt2214
@markharcourt2214 Жыл бұрын
100% I only have the expectation of getting spot price back. Why pay a crazy premium for anything other than limited runs /proofs etc, that maybe collectable in the future. In saying that I still tend to gravitate to coins from reputable mints, but every now and then i'll get a bar again from a mint (1oz-2.5oz) to average down
@SalivateMetal
@SalivateMetal Жыл бұрын
Oh yeah, Russ is speaking my language on fractionals. Love the 4 Ducat. I have one of those. So awesome! Great video sir.
@TtheSilverStacker
@TtheSilverStacker Жыл бұрын
Yes. Most of my gold is foreign. Especially Mexican. ; )
@HDshovelEd
@HDshovelEd Жыл бұрын
Thanks for the info on the alternatives for gold purchases
@TtheSilverStacker
@TtheSilverStacker Жыл бұрын
No problem 👍
@GlennShook
@GlennShook Жыл бұрын
Can’t wait to see video. Prices now seems to me any kind of gold (silver to) is way to expensive. Not only spot but premium.
@TtheSilverStacker
@TtheSilverStacker Жыл бұрын
Yes. Near all time highs for gold!
@dannyrhodes13
@dannyrhodes13 Жыл бұрын
Nice video. Learned a lot about the different fractional gold.
@TtheSilverStacker
@TtheSilverStacker Жыл бұрын
Glad it was helpful!
@vm.999
@vm.999 Жыл бұрын
Totally agree with this! It's unpopular but true, and I follow truth!!! Thanks for the video and risking your life navigating through Chicago for us 😎
@TtheSilverStacker
@TtheSilverStacker Жыл бұрын
Lol! It’s a fun place to visit! Lots of things to do. Not sure I’d want to live there.
@vm.999
@vm.999 Жыл бұрын
@@TtheSilverStacker 😎
@michaelk4135
@michaelk4135 Жыл бұрын
Excellent Video T. , Thanks ;)
@TtheSilverStacker
@TtheSilverStacker Жыл бұрын
Glad you liked it!
@jamesitsines6890
@jamesitsines6890 Жыл бұрын
That crazy I guess it pays to shop around, I just checked my dealers site he”s paying 16% over on 1/10 age selling 25% over. Glad I buy 1oz at 5-6% over. He buys back at 3% … a fair spread!
@domingodelatorre1309
@domingodelatorre1309 Жыл бұрын
Great information on fractional gold coins for small-time Buyers like myself. How does an Out-of-State Buyer deal with you and remain invisible to prying eyes? Watched many of your videos.. you have two of my favorite attributes.. you do not 'sound' like a typical salesman and your prices are very competitive. Dan
@TtheSilverStacker
@TtheSilverStacker Жыл бұрын
Check out my auction tomorrow morning. I think you’ll enjoy it.
@exmarine268
@exmarine268 Жыл бұрын
Swiss gold 20 franc is almost 2 tenths oz and can be bought for about $400! Compare that to AG one tenth - $275. Seems like a no brainer…
@TtheSilverStacker
@TtheSilverStacker Жыл бұрын
Good point!
@BalloonFight
@BalloonFight Жыл бұрын
Fantastic video here. Great sovereign advice. Subbed!
@TtheSilverStacker
@TtheSilverStacker Жыл бұрын
Thanks for the sub! More content to come!
@McSilverWolff
@McSilverWolff Жыл бұрын
I bought a gold sovereign from Russia about 3 weeks ago for 500 bucks. Such a great deal. Awesome little getaway coin shop to see
@TtheSilverStacker
@TtheSilverStacker Жыл бұрын
Oh wow!
@AnxiousStacker
@AnxiousStacker Жыл бұрын
As always great video and cool exonumia.
@TtheSilverStacker
@TtheSilverStacker Жыл бұрын
Glad you enjoyed it!
@chrismartinez8393
@chrismartinez8393 Жыл бұрын
I remember 1/10 GOLD for $35 in 2000 🤣😂
@michaelrodriguez3329
@michaelrodriguez3329 Жыл бұрын
If we only knew . What was going to happen in 2020.
@andrewkolb6309
@andrewkolb6309 Жыл бұрын
Gold old days
@TtheSilverStacker
@TtheSilverStacker Жыл бұрын
Wow!! Good times!
@stoundingresults
@stoundingresults Жыл бұрын
I remember $300 troy oz gold prices
@christofour217
@christofour217 Жыл бұрын
I'm only interested in fractional Gold Eagles. I also have 1 ounce Gold Eagles but the problem is it is a very large Gold coin. Not interested at all in foreign Gold coins.
@TtheSilverStacker
@TtheSilverStacker Жыл бұрын
I mostly have foreign gold coins. Gold is gold IMHO.
@christofour217
@christofour217 Жыл бұрын
@@TtheSilverStacker Are Silver Eagles just Silver? I don't think so, that why they sell for $40+ an ounce.
@andrewkolb6309
@andrewkolb6309 Жыл бұрын
Great Advice cause I am looking to buy a lil bit of gold, but don't want to pay too much over for 10th oz eagles
@TtheSilverStacker
@TtheSilverStacker Жыл бұрын
Best wishes on your shopping!
@williamjones1212
@williamjones1212 Жыл бұрын
Thanks for the heads up
@TtheSilverStacker
@TtheSilverStacker Жыл бұрын
No problem 👍
@davidgosnell5901
@davidgosnell5901 Жыл бұрын
You can buy gold bars for around 65.00 premium alot cheaper than coin and still have a ounce of gold
@GinaR
@GinaR Жыл бұрын
Great information. Thanks for shaing.
@TtheSilverStacker
@TtheSilverStacker Жыл бұрын
Our pleasure!
@TalkingBullion
@TalkingBullion Жыл бұрын
Although I get the whole premium thing, I am not a fan of foreign gold with strange, awkward weights. I buy all my PM's with the salability in mind. This would not be recognized by most people and would take a lot more to describe / sell. I also think some coin shops would not take them because they would sit on them a while. They would probably also pay you well below spot for them if they did buy them. I am a stacker at heart and try to pay as little as possible but if / when I sell, I want it to be easy and little effort because everyone recognizes what I have. Great video T. I know a lot of people will take advantage of the information!
@joseph1895
@joseph1895 Жыл бұрын
Yes that’s very true. Over the past couple years I’ve sold a bit of fractional in private sales. Eagles always get the most interest and command current market premiums. Most people do not want foreign coins unless they are maples or Mexican coins. Even under spot people do not like coins they cannot recognize or aren’t popular in the area. If you personally like the coin I’d say go for it. If looking to resell buy what is popular.
@TtheSilverStacker
@TtheSilverStacker Жыл бұрын
Thanks for watching TB! Lots of conversations spurred here. Glad that happened!
@Paul-dw2cl
@Paul-dw2cl Жыл бұрын
Also, I kind of dislike the US Mint in general
@TtheSilverStacker
@TtheSilverStacker Жыл бұрын
Boring designs for the most part (at least in the fractional).
@samabrahams7687
@samabrahams7687 Жыл бұрын
Can beat the fractional gold especially quater oz thats the sweet spot i like the sovereign . I had one of them ducat it was a half oz gold one they are nice.
@B29p
@B29p Жыл бұрын
Definitely something to consider. Not a fan of how thin some of those are. I suppose it's like what Russ said, it depends on the market. Either way I think gold is a solid choice.
@TtheSilverStacker
@TtheSilverStacker Жыл бұрын
Yes. Can't go wrong with gold!
@gunnargundersen3787
@gunnargundersen3787 Жыл бұрын
I have 35 Sovereigns. Including 5 shield sovereigns. Over here they are the closest to spot. I also have a Ducat and love it too - I need a tube of them.
@TtheSilverStacker
@TtheSilverStacker Жыл бұрын
Sweet! That’s a lot of sovereigns! Congrats!
@mcclintock7780
@mcclintock7780 Жыл бұрын
I'm so glad you made this video! I just started stacking gold but I just can't seem to pay those high premiums on gold bullion. Foreign gold just seems like a better alternative.
@TtheSilverStacker
@TtheSilverStacker Жыл бұрын
The majority of my gold is foreign. Lots of Mexican and European pieces too.
@fostersylvere2132
@fostersylvere2132 Жыл бұрын
This is a bs argument. You buy at premium you sell at premium. Those good buys will not be a good sell. He is just dumping his foreign garbage.
@billrundell2097
@billrundell2097 Жыл бұрын
Don't listenDon't listen to his crap about Gold Eagles. 😏 The premiums on gold Eagles will be recoverable. The premiums will be turned during resale and are +++ US currency +++ having known weight and purity.
@DrSchor
@DrSchor 10 ай бұрын
too? aren't mexican and european pieces already foreign@@TtheSilverStacker
@jduff59
@jduff59 Жыл бұрын
I used to buy 1/4th AGE's, but a few years ago the prices started to climb and today they are too expensive. I switched to Britannias, and then 20 Francs and Sovs. Premiums are so much lower. There's also some history in those older coins.
@TtheSilverStacker
@TtheSilverStacker Жыл бұрын
Yes! I love the coins with history.
@nates4310
@nates4310 Жыл бұрын
The gold sovereigns- esp ones minted in South Africa and Australia are my favorite fractionals for sure
@TtheSilverStacker
@TtheSilverStacker Жыл бұрын
Sweet!
@TuliTuli_
@TuliTuli_ Жыл бұрын
Enjoyed this videos information!
@TtheSilverStacker
@TtheSilverStacker Жыл бұрын
Thanks TuliTuli!
@Spartan_AG_999
@Spartan_AG_999 Жыл бұрын
Awesome info!!! I will look for those quarter ducks now for sure.
@TtheSilverStacker
@TtheSilverStacker Жыл бұрын
Thanks Spartan!
@drewmcclintock7034
@drewmcclintock7034 Жыл бұрын
I like the Oregon Ducks
@yakfish36
@yakfish36 Жыл бұрын
Super smooth guy bet he sells heaps. Good vid mate.
@michaelrodriguez3329
@michaelrodriguez3329 Жыл бұрын
He dresses like the 70's .😄😄
@PurpleUSA
@PurpleUSA Жыл бұрын
Thanks for sharing 👍
@TtheSilverStacker
@TtheSilverStacker Жыл бұрын
Thanks for watching!
@ChamaeleonMustermann
@ChamaeleonMustermann 6 ай бұрын
The Switzerland Vreneli Coin is also interesting, with 4.5% (in Germany) over spot. And also a very beautiful Coin btw.. Another good Coin is the German Empire Gold Mark 20Mark Coin with 3.2% over spot.
@CashAndCoinsYT
@CashAndCoinsYT Жыл бұрын
He revealed all my secrets!!! Great Vid!!! Thanks T!!!
@SmithsnMoz
@SmithsnMoz Жыл бұрын
How hard will these gold pieces be unload. Im simply not interested in foreign gold. I simply prefer not to buy fractional gold. Save and buy an ounce at a time.
@TtheSilverStacker
@TtheSilverStacker Жыл бұрын
Ha ha! Russ is the man!
@stevencouitt4286
@stevencouitt4286 Жыл бұрын
I would be at his shop weekly if I lived within driving distance.
@SILVERBROTHER72
@SILVERBROTHER72 Жыл бұрын
I buy Gold bars cheap premiums and no sales tax
@themillennialnumismatist
@themillennialnumismatist Жыл бұрын
I always recommend gold bars, if you can buy by the ounce it's such a better deal premium wise!
@winner502
@winner502 Жыл бұрын
anybody who pays a mark up on 1 10 is a joke just buy silver
@butterbeans2445
@butterbeans2445 Жыл бұрын
Great information 👍
@TtheSilverStacker
@TtheSilverStacker Жыл бұрын
Glad you liked it!
@kurtmoore7827
@kurtmoore7827 10 ай бұрын
Nothing like the .986 purity of the ducats. My favorite color of all the gold coins
@bigidiot123
@bigidiot123 Жыл бұрын
The prices he quoted on the 1 ducat is still a 16% buy/sell spread which is atrocious for an “investment”. Bigger fractional bars like 10-20 gram seem to be the best value for fractional that I’ve found.
@michaelrodriguez3329
@michaelrodriguez3329 Жыл бұрын
Anything U.S made since 2020 . Carries a huge premium . As far gold , i buy gold bars . I buy just for it being gold .
@TtheSilverStacker
@TtheSilverStacker Жыл бұрын
Yep! Gold is gold!
@michaelrodriguez3329
@michaelrodriguez3329 Жыл бұрын
@@TtheSilverStacker That's all that it is. Just gold
@dancerscc
@dancerscc Жыл бұрын
Russ is looking at it from a stacker point of view. I wonder if there is any change for us collectors?
@TtheSilverStacker
@TtheSilverStacker Жыл бұрын
Are AGE’s collectible?
@dancerscc
@dancerscc Жыл бұрын
@@TtheSilverStacker I'm working on a PF70 set. Long way to go, but I guess I might be the only one doing that.
@mattslivar5174
@mattslivar5174 4 ай бұрын
My first gold was a 5g chafer bar second was 1/10 gold Eagle 2015 next I might start just going with Sovereigns
@Chris6815
@Chris6815 Жыл бұрын
I would rather get a Gold Britannia,Krug or Philharmonic. I would consider a Gold Sovereign though.
@lutmingtsoi8460
@lutmingtsoi8460 Жыл бұрын
As same as you
@tommystacker3286
@tommystacker3286 Жыл бұрын
Not too sure about the “alternatives” being offered. Perhaps that is what the dealer wants to sell. When selling you get below spot- if you could find someone who wants them. Bottom line-liquidity.
@themillennialnumismatist
@themillennialnumismatist Жыл бұрын
You're very seldom lying going to get much over spot in any product. When eagle premiums are really high I'll pay over spot but generally it's melt. The premium on eagles are just too high. I'll put it this way, as a dealer when I buy gold personally I buy cheap foreign stuff
@JoseRodriguez-ke2rw
@JoseRodriguez-ke2rw Жыл бұрын
​@@themillennialnumismatist of course you would buy cheap foreign stuff for your personal stack because you could sell it for over melt value because you're the dealer.
@themillennialnumismatist
@themillennialnumismatist Жыл бұрын
@@JoseRodriguez-ke2rw I don't pay myself over melt for anything if I sell it. I'm running a business with a dozen employees, I'm not getting rich off of my company or my co workers.
@JoseRodriguez-ke2rw
@JoseRodriguez-ke2rw Жыл бұрын
@@themillennialnumismatist you got any gold in your stack you're trying to sell right now for melt? I'm a buyer.
@themillennialnumismatist
@themillennialnumismatist Жыл бұрын
@@JoseRodriguez-ke2rw I'm not crazy enough to be selling anything right now, so no. The only time I sold metal in the leas 5 years was when I had to divide it for my divorce. I hold metal, I don't sell it.
@Richmart1955
@Richmart1955 Жыл бұрын
Informative ❤
@TtheSilverStacker
@TtheSilverStacker Жыл бұрын
Thanks!!
@Jim-re3sr
@Jim-re3sr Жыл бұрын
Buy gold not premium. My favorite is 1 OZ Maples and Britannias . Fractional would be sovereigns. Great video
@TtheSilverStacker
@TtheSilverStacker Жыл бұрын
Thanks Jim! I appreciate you watching!!
@Mr-pn2eh
@Mr-pn2eh Жыл бұрын
I buy 1/10 oz Gold Philharmonics those are the best alternative
@TtheSilverStacker
@TtheSilverStacker Жыл бұрын
I don't like the design. Too ugly to look at for me.
@GlennShook
@GlennShook Жыл бұрын
I agree with both. Good price so it’s smart. But also don’t like design so hard to get more than 1 or 2.
@noicue8078
@noicue8078 Жыл бұрын
@@TtheSilverStacker I feel the same way about the type2 gold and silver eagles.👍
@72cmcinc
@72cmcinc Жыл бұрын
I completely get what Russ is saying, but I still prefer the American and Canadian gold.
@TtheSilverStacker
@TtheSilverStacker Жыл бұрын
I hear ya! It’s a preference thing.
@DanYingers28
@DanYingers28 Жыл бұрын
What would you recommend for silver? Brittanias are like £15 over spot atm, i feel like thats a lot? Is there a cheaper alternative to get into silver?
@TtheSilverStacker
@TtheSilverStacker Жыл бұрын
I stack generics. Vintage generics when I can find them at the same price as buffaloes.
@DanYingers28
@DanYingers28 Жыл бұрын
@@TtheSilverStacker Okay nice I’ll look into that, thanks!
@Amadis1017
@Amadis1017 6 ай бұрын
This dudes prices are insane I literally got my gold eagle for $245 and it was at a higher spot price than when this video was made his premiums are insane.
@christophermccormick8670
@christophermccormick8670 Жыл бұрын
Cheers T 🥃
@TtheSilverStacker
@TtheSilverStacker Жыл бұрын
Cheers!
@Thatboylenny56
@Thatboylenny56 Жыл бұрын
Love them gold 1 ducats got a few of them wasn’t a cheap option for me tho.
@TtheSilverStacker
@TtheSilverStacker Жыл бұрын
They are nice!
@jaesea323
@jaesea323 Жыл бұрын
My LCS pays much more for gold. Especially gold eagles at any fractional amount
@Paul-dw2cl
@Paul-dw2cl Жыл бұрын
“And you can go, and jump in the lake.” Haha do you hear people say that a lot in Illinois?
@TtheSilverStacker
@TtheSilverStacker Жыл бұрын
I hear it every once in a while. It's only from her. LMAO!
@michaelrodriguez3329
@michaelrodriguez3329 Жыл бұрын
Thats what they in Vegas at the Bellagio hotel.
@sinesaii
@sinesaii 9 ай бұрын
This is my LCS. Cool place. I also collect Sovereigns.
@TtheSilverStacker
@TtheSilverStacker 9 ай бұрын
You’ve got a great LCS!
@The_Dougie
@The_Dougie Жыл бұрын
Nice pieces but at present time silver is a better value
@JoseRodriguez-ke2rw
@JoseRodriguez-ke2rw Жыл бұрын
What this guy's not telling you is that for that big European coin you're never going to get melt for it and some places don't want it
@themillennialnumismatist
@themillennialnumismatist Жыл бұрын
Completely depends on the coin. I typically pay between 97 and 99% of melt on foreign gold. If you bought a 1 Ducat right now I'd charge you $241 and I'd buy it back for right around $218. So you're not exactly losing your shirt. a 1/10th eagle is going to cost you around $250 for less gold and I'm still only going to pay maybe a smidge above spot. In my shop if it's yellow I'll buy it. It helps that we do 8 figures in bullion every year and we can be less picky about what we buy.
@JoseRodriguez-ke2rw
@JoseRodriguez-ke2rw Жыл бұрын
@@themillennialnumismatist what I'm more getting at is somebody in another state might see that exact same coin and buy it and have a horrible time selling it. As you know there's some scummy LCS's out there. There's a coin shop near me paying 11x fv and charging 24x fv for 90%.
@TtheSilverStacker
@TtheSilverStacker Жыл бұрын
Ouch! Stay out of that shop, my friend!
@showingYOUtheworld
@showingYOUtheworld Жыл бұрын
What can I say, that dealer is a smart guy 👍👍👍
@TtheSilverStacker
@TtheSilverStacker Жыл бұрын
Thanks for watching!
@showingYOUtheworld
@showingYOUtheworld Жыл бұрын
@@TtheSilverStacker Anytime my friend 👍 I am new in stacking gold and step by step I educate myself from videos like your video!
@TtheSilverStacker
@TtheSilverStacker Жыл бұрын
@@showingYOUtheworld Glad you found me!
@Mr-pn2eh
@Mr-pn2eh Жыл бұрын
I have some of those Austrisn junk gold
@TtheSilverStacker
@TtheSilverStacker Жыл бұрын
Good stuff!
@81mrsmitty
@81mrsmitty Жыл бұрын
I wish in canada this was an option. But anything less than 999 fine is taxed so government minted bullion or bars is the only thing worth buying.
@TtheSilverStacker
@TtheSilverStacker Жыл бұрын
What a racket!
@jaymo9896
@jaymo9896 Жыл бұрын
God bless you men of God Psalms 37:5
@cardaveux
@cardaveux Жыл бұрын
5:33 Wrong a have an australian 1884 shield sovereign Sydney which is around 1000 swiss francs worth in very fine condition.
@themillennialnumismatist
@themillennialnumismatist Жыл бұрын
There are of course exceptions to everything. The vast majority of Sovs are just glorified bullion.
@brandonunderwood4224
@brandonunderwood4224 Жыл бұрын
That's some bs. He sells 1/10ths for 700 over spot but will only buy back at spot
@TtheSilverStacker
@TtheSilverStacker Жыл бұрын
Supply and demand. He must have a huge supply.
@kaynefryday6637
@kaynefryday6637 Жыл бұрын
Yeah but when the US goes full digital money wouldn’t the best gold in the US be US gold over foreign gold ? Fractional or not
@themillennialnumismatist
@themillennialnumismatist Жыл бұрын
Not at all. Gold is gold. It all makes the same puddle.
@stonecutter74
@stonecutter74 Жыл бұрын
1 kg silver and one ounce gold is the only way i buy helps keep the premiums down
@dougdrummond9341
@dougdrummond9341 Жыл бұрын
WELL, I got a full tube of gold 1/10 eagles for $112, years ago
@TtheSilverStacker
@TtheSilverStacker Жыл бұрын
Whoa! Were they real?
@randysimmons9838
@randysimmons9838 Жыл бұрын
Some states charge tax
@TtheSilverStacker
@TtheSilverStacker Жыл бұрын
Yes they do.
@Ontario100
@Ontario100 Жыл бұрын
Thanks for the info. I like gold no matter where it comes from. LOL
@TtheSilverStacker
@TtheSilverStacker Жыл бұрын
You and me both!
@prestongreene7489
@prestongreene7489 Жыл бұрын
IF you believe Schectman when talking about Sprott/Holter - confiscation will be all but that countries products.
@DR-oy9wc
@DR-oy9wc Жыл бұрын
I don't think this is an accurate statement. A better advice is to build a solid relationship with your local LCS, and buy your country constitutional gold. Your LCS will hook you up if they want your business. Eagles and Buffalos are some of the most recognized in the world. I just bought a 1993 1oz eagle for $1950. I Avoid graded/slabs coins, unknown, high premiums, and gold bars. Cheers.
@TtheSilverStacker
@TtheSilverStacker Жыл бұрын
Thanks for watching!
@PumaPete
@PumaPete Жыл бұрын
I bought all my 10th oz eagles for $140 a few years back
@TtheSilverStacker
@TtheSilverStacker Жыл бұрын
Good price!!
@PumaPete
@PumaPete Жыл бұрын
It was a long time ago now.
@rustyshackleford2719
@rustyshackleford2719 Жыл бұрын
Britannias, Sovereigns and Kangaroos are better anyway. I have no idea why anyone would pay the additional premium on fractional eagles or maples.
@TtheSilverStacker
@TtheSilverStacker Жыл бұрын
Thanks for weighing in!
@beshkodiak
@beshkodiak Жыл бұрын
If you want gold but can’t swallow the high premiums for gold fractional coins, either sock away the cash until you have enough for an ounce, or buy fine silver coins. Either way you are not spending money. You are forcing yourself to SAVE money outside of the banking system. You are carrying your own savings account.
@TtheSilverStacker
@TtheSilverStacker Жыл бұрын
Good points, but most don’t have the discipline to save for as long as it takes to buy an ounce of gold.
@beshkodiak
@beshkodiak Жыл бұрын
I agree with you: many don’t have the discipline to buy a bag of donuts. Buts its not to those your channel appeals. Someone has made the decision to build a savings in gold and they want to be shown options. You show options. I started years ago by stashing cash in a jar, a Benjamin a month. No matter if it hurt or not. When i got to $2000 i converted it to silver. At $3.75 an ounce. That was 40 years ago. About 30 years ago the Hunt Brothers tried to corner the market and i sold 1,000 ounces at $48.00 per.
@wellmansrants4282
@wellmansrants4282 Жыл бұрын
guys unless you can get it wicked cheap just stick to a ounce who in their right mind is paying 400 over spot for a 10th or a 1/4 of gold if you need barter or change buy silver ,,, and t you shot your self in the foot if you cant save up 2 grand you will get astronomically less gold buying fractional now
@TtheSilverStacker
@TtheSilverStacker Жыл бұрын
I don’t have the patience buddy. My thought is that some gold is better than no gold. Thanks for watching and sharing your thoughts!
@goldcic
@goldcic Жыл бұрын
Interesting! 🐥
@noicue8078
@noicue8078 Жыл бұрын
Very 👍
@tlee9484
@tlee9484 Жыл бұрын
If I want coins , I'll get change from the gas station, When I buy precious metals, I BUY BULLION, NOT COINS.
@TtheSilverStacker
@TtheSilverStacker Жыл бұрын
Okay
@David62
@David62 Жыл бұрын
“You can go jump in the lake” 🤣
@TtheSilverStacker
@TtheSilverStacker Жыл бұрын
LMAO! She was pissed at me correcting her videography!
@michaelrodriguez3329
@michaelrodriguez3329 Жыл бұрын
What if there is no water in the lake .
@GlennShook
@GlennShook Жыл бұрын
Wouldn’t be a lake.
@sandiahead
@sandiahead Жыл бұрын
Nuts... I can beat 270 for a tenth all day long - slabbed and graded. No idea who is buying this dude's coins.
@TtheSilverStacker
@TtheSilverStacker Жыл бұрын
Where can you get graded ASE’s at that price? That’s pretty good!
@MetalBum
@MetalBum Жыл бұрын
Nice
@TtheSilverStacker
@TtheSilverStacker Жыл бұрын
Thanks!
@hots4jc
@hots4jc Жыл бұрын
SILVER AND GOLD AN INSURANCE POLICY? Since gold and silver is just an insurance policy, and meant to be kept for when things get better…I think there will be a lot of people who will starve to death with a safe full of gold and silver. For those people who want to invest in gold or silver, I would wait until the famine gets so bad (and it will) that you will be selling your gold for a can of beans. I will be able to sell my beans (which cost me $1.00) for an ounce of gold costing you over $2000 today. A woman in Argentina (which has high inflation), was only able to buy 2 tomatoes which cost her $33.00. Another woman had to sell her gold and jewelry and was only able to buy 2 eggs, 2lbs of flour and a small bag of corn meal. In Lebanon the average salary was $1000, now that amount is only worth $50.00. This is where we are headed folks.
@FarmerEd8369
@FarmerEd8369 Жыл бұрын
Damn my LCS adds $150 to spot then divided by 10. So basically only a $15 premium over spot..
@TtheSilverStacker
@TtheSilverStacker Жыл бұрын
That’s nothing. Buy all you can!
@FarmerEd8369
@FarmerEd8369 Жыл бұрын
@@TtheSilverStacker I’m working on filling a tube!!! Same premium on platinum as well. Filling a tube of 1/10 of that as well ! Keep it small and focused and keep it flowing.
@Thresholdmoment
@Thresholdmoment Жыл бұрын
1:42 "eckspecially" yeah ok
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