Uwink

Bought one at Mint price in case the train left the station and made sure I had a ticket for £65 (you gotta pay to play) and if the train gets shunted into the sidings, and the ticket has cost me £30 too much, then buy a couple more later at the lower prices to cost price average down.....to make up some character sets with some other doubles I have.....
 
I other words, I am spending £30 for a train ticket to not miss a run like the 2016 rabbit...better odds than a lottery ticket and you have a £30 coin no matter what, possibly highr if put in a set of characters from other series.....and with a 3 year old daughter in tow, I am a hero ! Win win  Learning my lessons bit by bit.....everyone has different reasons for this hobby.....just like everything else in life.....

Received mine as well, silver and copper...simply lovely!

Received mine as well, silver and copper...simply lovely!

pm'd

I honestly don't know how people can make such a big deal about simple stuff.
BYB does this often, there have never been any problems and the T&C are clearly laid out and easy to understand.
You're either in or you're out, simples!
edit: also, I've done a few group orders on a much smaller scale and it's a PITA, BYB deserves all the credit and whatever else he gets out of it reputation wise, and that goes for Mrs BYB as well.😉

181204_LifeAfterBrexit_SUB-44593580-360k.mp4

...a couple for me also. Thanks.
Money sent.

...a couple for me also. Thanks.
Money sent.

Another good video from this gentleman, could not put it better.
 

You could place a golf style flag in ground above your stash and on the flag write "sovs buried here" that would remind you! Problem solved!
Now whereabouts is your bramble bush? 

Today I made this 

Christmas treat for me ?
1902 PR62 matte proof (another one)
2017 PR69
1907 AU58 
2006 proof sov (bullion price) 
 
unboxing video on youtube ..  

You could place a golf style flag in ground above your stash and on the flag write "sovs buried here" that would remind you! Problem solved!
Now whereabouts is your bramble bush? 

First pics of the Silver Kilo Aztec Calendar
 
 

Received my Baby Leaf Dragon prize this morning......many thanks BYB 

+ 1 Well done all....I also won a prize  

Thanks all, and a big thumbs up to BYB for putting this together so quickly, and to everyone who donated and participated.  It is very cool to see the members of this forum pitch in for a good cause.  

Well Done all, Backyard Bullion you are now officially classed , alongside Numistacker, A LEGEND!!!!!!!
 

+ 1 Well done all....I also won a prize  

+ 1 Well done all....I also won a prize  

+ 1 Well done all....I also won a prize  

I have bought gold coins for several years and have bullion and some boxed rarer proof sets.
When you start off buying gold coins you have to believe that many dealers like HGM, for example, really don't care the date, country of origin, proof or bullion, in a box, plastic cap, dirty or scratched.
Gold is gold and the value is essentially based on its weight on the scales.
A coin arrives in the morning post and goes out in the evening post - that's the model for fast turnover on low margins.
Crap condition coins get sent off for melting - again all that matters is weight of fine gold.
There are exceptions of course and some dealers like BullionbyPost will buy at spot and double the price for a boxed proof coin.
My experience is that you look for sovereigns, half sovereigns, fractional Britannias, Krugerands, Maples, Nuggets etc that are priced at or below 3% above spot.
If you can buy 10 x 1/10th Krugerands at the same price as a one ounce coin then go for the smaller ones but don't pay much more if you have the money to buy bigger.
If sovereigns are priced at 5% above spot ( as they sometimes are when demand is high ) look for another coin at 3%.
 
If you have a wad of cash and see popular gold, 1 ounce, coins priced at 2% over spot then buy them.
If you adopt the mentality that all that counts is weight and you stick to popular coins then you know you can within 24 hours be reimbursed and set your budget on selling at 97% or higher of spot and you cannot go wrong. Popular gold coins will flip in 24 hours BUT your biggest worry should be the market price of gold.
The market price is in constant fluctuation and you can see variations in price in excess of the margin figures quoted above. That makes it impossible to guess timing so if you are considering regular purchases then that will yield an average buy price. You might place a large order one day and in a couple of weeks see a nice rise in price so you pat yourself on the back for being a smart investor. Trust me though, when you are not looking the price will drop and you will lick your wounds.
Small purchases mean a relatively high charge for Special Delivery - usually around £7 per package so if a full sovereign costs £240 then you have paid £247 which is 3% more than you think so bear this in mind. If you were to sell next day assuming no change in spot you will after shipping have lost about 10% of your investment.
When you see dealers offering free shipping then don't be fooled as they have already factored into their price the cost of shipping.
Hope the responses from the forum have been helpful so you should be well briefed on getting started.
 
 
 

Open it anyway......just because i'm nosey 

My experience says a market that is strong is one where many owners own one coin only and nobody hoards.
Prices cant be influenced and multiples are tough to buy. 
I have had thoughts about cornering the market in some things but it is not easy to do.
One way of making things like that possible would be to form a buying collective that registers as a dealer and obtains dealer pricing. If dealers can sell at 20% discount sometimes they are buying at 30% discount and that discount buys increased isolation from market downturns and increased profit on the upturn.

Just bought a 1870 shield back with a clasp on it...landed at £237. Now I just need to get the clasp off...hopefully not stuck or anything silly!