What is the “WORST” Silver to Stack? (UK EDITION)

[@livinthedream7714]

The Britannia has the BEST security feature... it milkspots!

[@macdonaldbullion]

Absolutely!💯

[@keemo63301]

And I never see fakes. Do fakes show up over there?

[@macdonaldbullion]

@@keemo63301 I’ve never seen a fake Britannia

[@toreschanke4086]

Millkspots are really a great security feature!

[@johnh1927]

How I look at it is, an oz. of silver is an oz. of silver.

[@macdonaldbullion]

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

[@JOHNRMECH]

Depending on the exact get-down of SHTF, you may run into acceptability or verification issues with bars or rounds.

[@mfb3042]

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.

[@Tim99-lg7kn]

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😢

[@johnh1927]

@@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.

[@jayman6905]

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

[@macdonaldbullion]

That’s great jay, a great gift for sure

[@jayman6905]

@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 😊

[@parklaneyid7505]

Silver legal tender should be VAT free.

[@mattt4309]

In order to avoid paying VAT on my silver eagles and to get them cheap i buy them used from Atkinson bullion. Thank you.

[@macdonaldbullion]

Chards runs a similar scheme, can often find special deals for £28 each on ASE. Thanks for watching

[@daviniarobbins9298]

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.

[@macdonaldbullion]

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

[@SoloFan87]

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.

[@macdonaldbullion]

Sounds great solo, I’m sure you’ll have an awesome stack. Thanks for watching

[@seizer88]

The UK has tax issues. Unfortunate.

[@dieseldragon6756]

The UK has tax issues 💰, „tacs“ issues 💉, and - Speaking as a cyclist - *Definite* tacks issues 📌. Sadly, those aren't the *only* issues the UK has by any order of measure... 🇬🇧💨🇪🇺😔

[@macdonaldbullion]

Thanks very much for watching. Let me know your thoughts in the comments. If you would like to support the channel and gain earlier access to my videos then why not consider becoming a member today? You can join this channel by clicking the link below for lots of perks: kzbin.info/door/_UT8DYVcoosIrVOCH7co5wjoin Also feel free to use my discount code for Tavex Bullion where you can gain 0.5% off gold. Use Code: MACDONALDBULLION0501 in the checkout Take care all, have a great day😁

[@T5volvosmidgey82]

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 👍

[@macdonaldbullion]

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

[@T5volvosmidgey82]

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 👌

[@macdonaldbullion]

@@T5volvosmidgey82 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

[@T5volvosmidgey82]

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?

[@macdonaldbullion]

@@T5volvosmidgey82 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

[@chillmurray7529]

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.

[@macdonaldbullion]

Sounds great, they are nice designs. Do you think you’ll get any more Britannias going forward?

[@chillmurray7529]

@@macdonaldbullion Absolutely! But next I would like to get some Maple Leafs and then some Libertads.

[@mattzahab2946]

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

[@macdonaldbullion]

That’s fair enough, great to hear you like the Britannia design it’s a favourite for many

[@tonywillis1533]

Where can you get covers for the 1 ounce silver bars? I know you can get them for coins. thanks

[@macdonaldbullion]

@@tonywillis1533 eBay mate

[@BogusDudeGW]

i would say American constitutional silver is generally quite expensive to get hold of over here. You get much better prices when buying sterling and 50% and have lots of variety to go at if you include colonial sterling into your collection/stack. I only really buy rounds as gifts, i think to the lamen they look too much like tokens. I'll buy pretty RM bars but i won't stack them, although i may turn to 10oz bars when i've reached my goal for 1oz coins. I also find good deals to be had from 2oz coins. I also don't mind buying RM sets for a bit of variety; QB, TB, M&L and find if you buy close to release you're not paying much more than Britannia's but once the dealer runs out and has to restock they get marked up, so buy early. When it comes to foreign bullion i set myself a target of owning 5x each coin from each country and waited until they had deals on as close as possible or less than the Britannia.

[@DarthPreciousMetals]

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. 🤷‍♂️

[@macdonaldbullion]

It’s unfortunate, I’m tending to stay clear from them atm aswell

[@johnh1927]

Charlie's head on the Britannia's might be worth something, if his rein is short.

[@dieseldragon6756]

The Royal Mint have been _milking_ us all for the last 700 years... 🏦🇬🇧💸🤔 That said, I don't understand what this „Milk spot“ issue is. Any quick pointers available, please? 😇

[@frusciantesplectrum7980]

Since I’m from UK, wouldn’t it make sense to buy Britannia’s?

[@macdonaldbullion]

Of course😊

[@dieseldragon6756]

A bullion coin is a bullion coin, but a Britannia would be CGT exempt for having a legal tender value given on it. I don't know how this reflects on overseas issues though - I imagine they're the same, as I very much doubt HMRC would (Or even could) charge me any tax on the €120,- of ECB notes I have left over from my last trip into Europe. 🛬💶😇

[@josephlopez1247]

Does the UK have a capital gains tax for people who stack American Silver Eagles??

[@macdonaldbullion]

Yes😊

[@dieseldragon6756]

@@macdonaldbullion Don't Eagles have a monetary value on them? If they do, that means I'm liable to CGT on my US holiday change, unless I take it back and spend it there on some future trip... 🏦🇬🇧🤔

[@macdonaldbullion]

@@dieseldragon6756 eagles do but you only pay CGT when you reach a certain profit threshold in the calendar year which is £3000 now. It was £12000 and it resets. Key thing to remember CHT applies to profit gained from assets unless it’s exempt

[@welshblade5451]

Any recommendations on where to buy silver/gold. Love the vids keep up the good work.

[@macdonaldbullion]

@@welshblade5451 check out cobra stackers auctions every Friday mate on KZbin, he’s a great guy I get most of my things from him. Dealers wise check out Tavex, Atkinsons, silver trader, chards to name a few. Thank you for the kind feedback

[@DeeCee-nb6ev]

Hatton Garden Metals are usually the lowest priced mainstream dealer if your purely stacking as near to spot as possible. They are a no frills dealer so not the best for collectibles, look at them as a metals trader.

[@markcolfer2722]

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.

[@mfb3042]

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.

[@macdonaldbullion]

Absolutely, can’t fault the designs but they have a big problem with milk spots

[@blisteringbarnaclesmagnets6364]

Very interesting mate 🧲⚓️👍

[@macdonaldbullion]

Cheers mate

[@SilverDigger-l8o]

Greetings from your "foreign" Canadian cousins in His Majesty's Commonwealth Realm of Canada.

[@macdonaldbullion]

Greetings!🇨🇦🇬🇧🤝

[@NicsCoins]

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.

[@macdonaldbullion]

I’d love to get a sovereign some day but you’re right high premium prices for silver put many off

[@NicsCoins]

@@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.

[@NicsCoins]

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.

[@danloosmore8099]

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

[@macdonaldbullion]

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?

[@dieseldragon6756]

I think somebody said the same about Dogecoin once, and that's hit - I _think_ - A high of about $1,25. I had some Doge years ago but it was clear the crypto bubble was bursting, so I just forgot I even had them after a while. 😇 Silver might start to increase in value as demand starts to exceed supply, but supply in itself is mostly consistent at the moment. I understand there are still accessible reserves in Australia and other places that just need to be extracted, and while that's achievable the spot isn't likely to see any significant movement. 💹😇

[@garylynch9206]

Ida thought the VAT would make buying silver totally prohibitive?

[@macdonaldbullion]

It does for many, gold is better

[@garylynch9206]

@@macdonaldbullion I think for UK folk gold for stacking and silver for collecting/enjoyment is a nice compromise. Enjoyed the video.

[@macdonaldbullion]

@@garylynch9206 absolutely I agree with you, thank you for watching

[@chunkbackhump2542]

Buying silver in the UK is just like gambling your money away a terrible investment

[@dieseldragon6756]

This surely wouldn't only apply to UK minted silver though, would it? I mean; If I have a genuine Britannia in one hand and an equally genuine Kangaroo in the other, they're each made of the same stuff, contain the same amount of metal, and would (Theoretically) hold the same value in terms of what their metallic content is worth on the prevailing market? 😇

[@MarkDay-nv8fu]

Stirling silver is the best

[@macdonaldbullion]

Sterling is awesome

[@paulosgood5565]

Is it worth starting stacking silver in the uk as you pay vat ?

[@macdonaldbullion]

Id recommend doing research as it can be great for some but not for others

[@jayman6905]

Search around you can get second hand Britannia for £25/26 second hand.

[@soul2soul4]

You may have to order abroad

[@jayman6905]

@@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

[@jogi453]

@@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

[@Rakoste]

It is bad to buy only Britania and maple i like only these coins !!!!

[@macdonaldbullion]

Great choices two of my personal favourites😊

[@blisteringbarnaclesmagnets6364]

The Morgan is a great looking coin I like them 🧲⚓️👍

[@macdonaldbullion]

They’re super coins, nice history to them, nice design and a decent amount of silver. Thanks for watching mate

[@mohamedsamow5167]

Is the threshold 3000£ or 6000£ in uk

[@MagicMartin314]

I was told in cardiff Gold Wales yesterday the CGT threshold is £6000

[@jayman6905]

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

[@macdonaldbullion]

Premium for silver is super high right now, I think we’ll see a drop in price soon

[@edwardmiller9611]

Time for the British commoners to pressure the lawmakers to change the tax law for the little guy for small purchases.

[@jasonmoad9784]

I watched the whole video…….my conclusion, NO SHIT SHERLOCK ‼️🤬💩

[@macdonaldbullion]

Thank you for watching, have a great day😊👍🏻

[@rustaviousj4642]

Those 70s American coins with naked women on them. Or Shreks

[@macdonaldbullion]

Thanks for watching rust😊

[@NicsCoins]

When did the American's make coin in the 70s with naked women on them? I don't recall this!

[@rustaviousj4642]

@@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.

[@JasonDeville-fi4dh]

Unless you are a industrial company, or a jeweler, silver is not usefull. Gold is tho.

[@macdonaldbullion]

Gold is better than silver imo it’s just very pricey

[@JasonDeville-fi4dh]

@@macdonaldbullion yes haha

[@Jackson-Fryno]

Do you own gold ?

[@macdonaldbullion]

Fractional yes

[@titanuranus]

You NEED a pop filter on that microphone. Your "Ps" are popping like mad.

[@macdonaldbullion]

Thanks titan I’ll see what I can do

[@9256steven]

Anything new.