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mae

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    Andorra

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    Narnia
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    Stacker

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  1. Nah.. 😞 I'm almost sure now it's not a real coin. Thank you guys for all the feedback. Now, it looks like Gold and the ping test sounds very well. Also the color seems more bright than the actual coin. As far as I know the guy inherited the coin from his grandfather that had it as a jewellery piece, a pendant or something. He even gave me a leather bag with the the name of a jewellery on it. I suspect it's a cast coin probably mixed in with silver as a golden souvenir or something. I can't understand why someone would manufacture the coin to include the same or more Gold than in the original coin instead of just get the actual coin. Hopefully it has more gold content than the original coin, I ordered a scale to do a gravity test... we'll see. If anyone melting down his own gold is interested in it just let me know. I got also a sovereign that is also looking like it was poured 😁. So it's potentially around 14g in gold. Lesson learned: if you plan to buy in the street, get some tooling and pay attention. In this particular case I don't think the guy was trying to fool me, he had little knowledge about what he was selling. I've bought a lot on eBay and such and I've been very lucky for now so I think I got overconfident.
  2. I drove by a guy's house to pick some coins and also picked this one that was outside of the deal. I didn't really pay much attention to it but now that I'm checking it out after coming home I'm a bit disappointed with how it looks. Still, I paid the spot for the melting content. Did I make a mistake?
  3. I can't seem to find Silver Bars in Europe with smaller premiums than coins. Where do you guys buy bars?
  4. mae

    Buying gold now

    My opinion is that if you own no Gold maybe make a modest purchase and wait for a correction. I don't consider myself a trader nor an expert but I do have experience in the markets already and all I can say is you need to control the idiot you carry inside. This recent spike has been huge, I stopped buying at around 1180€—and started buying Silver. In fact I've been for years under water with my 2011 purchases and I'm now on profit... I bought at the worst time possible and today's prices are even worse. That should tell you something. Timing is very important. I personally don't buy the 'dollar cost average strategy' as opportunities don't last, I now tend to buy big when I think I'm in front of an opportunity. Why do you dollar cost average when you can go all it at $1000 ? it makes no sense. Keep in mind this might be the last time you'll see Gold below today's prices but that's hardly ever the case. You need to be very patience, Gold is very very slow. I pray for a big correction 🙏
  5. Thank you for the feedback! Amazing prices also. I'll use them instead. I just subscribed to your channel by the way!
  6. I'm looking for Estonian Silver dealers as they don't charge VAT and I found this site https://silvercoins.ee Does anyone have any feedback?
  7. Not really, they just open the closet and throw the coins.
  8. This is good if you plan to get in and out. I just sold all my metals at Goldmoney.com buy the way, just today.
  9. So I purchased a bunch of American Eagles at coininvest.com as they ave a sale for 1272.70 € each. Krugerrands were at 1262.70 € but I just picked Eagles, I personally like them better but I now looking back I'm feeling buyer's remorse, especially since I checked the local coin shop over here pays more for the krugg ( unlike coininvest ). ¿is it really worth paying 200€ more per tube?
  10. My personal strategy is just buying close to spot. I never buy below 1oz and recently I started to pick pseudo numismatics like Sovereigns (the only no 1oz I have) and pre 33 American Eagles at spot . Originally I started buying a little bit of everything: Krugerrands, Maple leaves, American Eagles, Kangaroo, 50 Mexican pesos, and 50g bars but my strategy going forward is to stack only 1oz American Eagles (I love them) and maybe picking pseudo numismatics while the premiums are still low as they are now. I'd like to pick 1kg gold bars just for the fun of it but fake coins are easier to spot and usually selling more than 10k$/€/£ involves showing your ID and filling up some form. As for selling, it's not in my plans. Why would you want to sell for a depreciating 'asset'? You can borrow monopoly money instead even against the Gold. I only hope the bull market hasn't started, I'm not done buying. I'm quite young in relation to the Gold market and I started to have money and started buying in 2011, never with the intention of watching the price going up but to exit fiat. Now I start to believe Gold is going to go ballistic.
  11. For a 20 coin order it's already worth it. If you want to pick one or two then yes.
  12. No no, I bought on eBay from a guy that had very poor keywords for the coin and nobody bid on it. It looked to me like a guy with just a coin inherited or something that wanted the cash. Nonetheless the http://thegoldhouseonline.es is cool, they have very good prices for old coins. I've never bought but as I said, a friend of mine has been buying and selling there since a long time ago. I'd be confident buying from them.
  13. They are for sale at Coininvest. I picked some up during this recent pull back (spot 1175€/oz). I had never seen them so cheap, at least at Coininvest. https://www.coininvest.com/en/gold-coins/sovereign/sovereign-george-v-gold/ This is what I received:
  14. Sorry I didn't get you, my english failed me a bit. I'm not a natural english speaker. The starts look ok to my eye just looking at them, maybe it's the picture. The ledge is a dent on the edge of the coin: It may be real
  15. I can't seem to find anything odd: :
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