Buying 10oz Gold, which coins to buy?

[Glorfindel]

Hey. It's my intention to buy 10oz of gold. I'm still debating whether to buy now or wait to see what the spot price does. However, I'd like some opinions of what coins I should buy? I can't decide between a tube of 10 Britannia's, a tube of 10 Queen's Beasts Red Dragon, or a mixture of Britannia's and Queen's Beasts (Dragon, Griffin and Lion).

I'm not a collector, I just want to hold some gold coins for personal reasons. 

[Stu]

I would go either new 2017 sovereigns with privy mark for 200th anniversary, may carry a small premium in a few years time or lucky dip sovereigns from HGM. where you may be lucky and pick up something a bit rarer. Both are CGT except should the price go rocketing up. 

[Glorfindel]

7 minutes ago, Stu said:

I would go either new 2017 sovereigns with privy mark for 200th anniversary, may carry a small premium in a few years time or lucky dip sovereigns from HGM. where you may be lucky and pick up something a bit rarer. Both are CGT except should the price go rocketing up. 

Not that interested in sovereigns, to be honest. But thanks for the reply!

[forgottenmemorie]

My vote is for a mix..

it might even turn you into a collector accidentally...

[Roy]

Lowest premium Krugerrands.

Don't worry about CGT, only a fool would pay CGT on their coins 

[Pipers]

Myself I would buy Krugerrands, sovereigns, Britannia's, Maples, Etc but from 3 different dealers throughout the year on dips or you could buy them from this site. What i would not do is buy slabbed coins or 15 year old Pandas etc that have a high premiums etc.    So buy bullion, you can still get interesting coins at bullion prices they are just circulated. 

[KevinG]

Why not buy a 10 oz lunar rooster.

[Micky9776]

Personally I would buy about four to five 1 oz coins, such as krugerrands, britiannias, maples, also a nice gold Mexico 50 pesos, and I would get lots of other smaller denominations such as sovereigns, 1/4s, 1/10s and also some old gold coins like French and Swiss 20 francs, 10 guilders etc

[GoldBenj]

just think of all the lucky dip sovereigns you could get, ah that is a pretty thought 

[JSILVER]

Definatly a mix. I think I'd regret not buying lots of different coins if I had the chance.

[walesdave]

2 hours ago, Roy said:

Lowest premium Krugerrands.

Don't worry about CGT, only a fool would pay CGT on their coins 

100% agree.....and I have 18 of them I'm about to flog to Atkinsons (and 2 Brits as well) so I'd check them put in a few days....

[SilverStar]

Tube of Brits for me pure and simple but not when spot is £1025+ oz t.

Do you think the gold price will keep rising with all this worldwide instability?

[Glorfindel]

17 minutes ago, SilverStar said:

Tube of Brits for me pure and simple but not when spot is £1025+ oz t.

Do you think the gold price will keep rising with all this worldwide instability?

I have no idea.... if I had to guess, I'd say no. I don't want to rush into buying when spot is so high, I'm going to keep a close eye on it and see what happens. I could have got 7 in December when spot was around £900 but I stupidly didn't because I wanted to buy 10 in one go. The fool that I am.

[SilverStar]

Shame, you missed out there. Brexit pushed the price right up last year, I regret not buying some gold last Autumn as the price was falling. Trump's inauguration has recovered the price and after recent events it's risen again. If the U.S goes into Syria we could see 2011 prices but it's a risky business this gold lark. 

 

[Cornishfarmer]

Do you have to buy them all at once?      The queens beasts 1oz are approx £25 more than bullion so if you end up with 10 of the series will cost you £250 more than bullion which isn't really that much on a £10k+ investment. You will then have a run of one of the nicest series on the market 

[mongo28]

The cheapest spot price you can find... Unless you are becoming a "collector" and not a stacker, then it's all the same.... 10oz Maples, Eagles, or a 10oz bar will be worth about the same by 5% in 20 years...

[Guest]

I wouldn't buy them at this point as there is a more than even chance of the £ price of gold falling. I would buy shield back sovereigns in MS at best price you can or invest in peer to peer lending like funding Circle for 2 years till exchange rate reverts to 1.55

[Lea79]

I suppose it depends what your exit strategy is.  If your gonna sell them back to a dealer then whatever coins the cheapest.  If your gonna sell them individually then as much as you don't like sovereign's they're easier to offload than a 1 oz coin and cheaper per oz.

[Glorfindel]

In the end, I decided to only buy 6 oz (2 Britannia, 2 Griffin and 2 Dragon) - the very high spot price is a worry, so I'm going to hold off from buying more for now. I'd rather regret not buying more than regret buying 10 in one go. I hope I've not made a mistake, but as long as it roughly holds its value, I will be pleased.

It came to just over £6,447.  -feels a bit nauseous-

[morezone]

On 16/04/2017 at 03:52, Glorfindel said:

I decided to only buy 6 oz (2 Britannia, 2 Griffin and 2 Dragon)

Next on the list 2 Lion, 2 Horse, 2 Sheep, 2 Monkey, 2 Rooster 

 

[Silverstackeruk]

You should go for one of each...Britannia ,panda,maple,eagle ect

No point in getting all the same that's boring ?

[danmc82]

4 hours ago, Silverstackeruk said:

You should go for one of each...Britannia ,panda,maple,eagle ect

No point in getting all the same that's boring ?

Im the complete opposite, I dislike having to many different coins. I like order, and the same coins make it tidy

Id have to get a tube filled before moving onto something else.

[vand]

 

On 4/18/2017 at 00:00, danmc82 said:

Im the complete opposite, I dislike having to many different coins. I like order, and the same coins make it tidy

Id have to get a tube filled before moving onto something else.

I like to get a nice diverse range of coins for silver, but for gold I've just stuck to 1/2oz Brits (I only have 1.5oz) for now. For me gold is purely an exercise in stacking as I think it'll be difficult to amass lots of Oz, and really gold is something you hold onto even more so than silver which I do see myself selling when the right time comes.

[Zaikoff]

For me personally, I'm baying the closest billions to the spot price, either pandas or something from the Canadian mint, my last purchase was 1oz Canada Call of the Wild ELK, just €25 over spot. If I have to buy 10oz, I will definitely buy closest to spot price, but for sure variety of them, never the same...