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FoolzGold

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  1. I half wish that gold prices had stayed low until the last in the QB series was released, as now I'm struggling to get my head around paying the current levels for bullion coins. Still haven't got the Yale... but maybe the current price is going to look cheap by the end of the year. 😟
  2. I can't help but notice that so far all the advice about stacking silver on the silver forum of "The Silver Forum" pages has been to buy gold. Time to re-name the website perhaps?
  3. All true, but in the end they only need to sell for 1.2% more than a sovereign to have been worthwhile, always assuming you bought the QB when it was a new issue. Worst case, you've lost 1.2%.
  4. Checking the pricing on GSBe just now a random QEII sovereign is priced at 2.6% over spot. The QB Yale is at 4.6%. So, okay you're paying 2 points more for the QB, although actually only 1.2% more in real terms. That's a pretty small extra margin for what you can hope will be a much more significant boost when you sell the gold in the future. I would categorize a purely numismatic investment as one where the initial margin is significantly higher than this and where the resale value is based more on the scarcity/desirability/shininess of the coin than its PM content. For me the QB is a semi-numismatic investment, where the initial extra margin is a very small percentage over spot and you expect the resale value will largely follow the value of gold but with the added bonus of an extra margin over spot on resale that should hopefully equal or exceed that initial margin at purchase time. Basically, while the QB series is ongoing I personally believe that investing in the latest 1oz gold QB is going to yield a better return that investing the same sum in sovereigns. I wouldn't argue that for other bullion coins, and I could be wrong about the QBs but that's my personal feeling.
  5. Sovereigns seem to be the logical choice as pure bullion but if you're willing to pay maybe 1% more over spot then the 1oz Queen's Beasts coins must surely be worth considering given their potential semi-numismatic resale value. It's difficult to imagine them not being worth at least 1% more over spot than a sovereign in the years to come, although obviously you'd need to sell them carefully, not just take them to a local dealer as scrap metal.
  6. Given that you've essentially just classified your wife as wildlife you'll likely be finding out one way or another very soon. A brave man indeed. 😀
  7. Wait, there are elements of Australian wildlife that aren't either vicious or lethal or both? I assumed even the butterflies down there are venomous and/or drink your blood. 🦋😨☠️
  8. First image I've seen of the Perth Mint 2019 silver swan (bullion). I liked the first two but I'm not so keen on this one.
  9. People aren't buying/selling those for bullion value so they're worth whatever people are willing to pay. I can say that right now that's about 18% lower than the asking price on GSBe. Also, the buyback price offered by auragentum.de for these is currently the equivalent of £240. I've never tried selling through them but maybe it gives some idea of resale value through a dealer that recognizes semi-numismatic value. So the price is about half way between the going rate at a major dealer and what you could maybe resell it for at another dealer, which sound fairly reasonable to me.
  10. I'm reminded of Obi-Wan Kenobi explaining the Jedi mind trick to Luke: "The Force can have a strong influence on the weak-minded." Just replace "The Force" with "YouTube" and it all becomes clear.
  11. In that case at least you still paid less per coin than you would have through any other source at the time. Your only regret is that you could have had an even better deal. As regrets go that's not so bad. Like you I still don't understand why GSBe have their QB monster boxes listed at higher prices than the individual coins. This doesn't seem to be a one-off thing as I've noticed it before and it's still the case today.
  12. At least you've saved me the trouble of asking, as I was looking at the price of the QB Monster Boxes on GSBe when I read a post the other day mentioning them and was wondering why they were priced higher per unit than individual coins. Seemed like a lot for a big plastic box and some small plastic tubes. To be honest I would think this is something you would have checked before buying. Shelling out 7k€ without working out the unit cost and seeing how much you were saving (or in this case paying as a premium) over buying individually seems like it should be a first step rather than an afterthought. In any case in the long run these are likely to appreciate significantly and make the difference largely irrelevant.
  13. Plenty of good sense replies above. Personally I dabbled in various silver bullion coins before coming to the conclusion that currently the 2oz and 10oz QB bullion coins seem to be the best bet at present. At worst they are bullion coins at a very small premium over the bog-standard bullion coins like the kangaroo and maple leaf. And they (imho) look much nicer. At best they appear to be gaining a very healthy semi-numismatic premium as they go out of production, something that will never be the case with the standard bullion coins. There are a couple of other designs I buy because I like the look but otherwise it's QBs all the way for me.
  14. It can definitely be painful paying over the odds for one of the earlier coins but if you put it into perspective many people are happy to pay similar premiums on fairly large run bullion coins. Case in point: 2oz silver QB Griffin on GSBe now is 55.97€, or 27.99€/oz The new Perth Mint Simpsons 1oz Homer Simpsons "D'OH!" coin is priced at 26.18€. It's limited to 25,000 but that's still a bullion coin.