Planning first gold buy

[Cookiesilver]

Currently buying silver, but wanting to add small amounts of gold along the way. 

What the cheapest way to buy fractional gold I.e half sovereigns, 1/10th oz coins etc. Nothing as small as a gram though. 

I know it's more expensive but budget allows about £100/130 a month, no good putting it away and buying one big coin as it will just get spent, at least if I have gold I can't go to the shops with it, more importantly neather can the wife 😉. 

 

Cheers guys 

[dicker]

Sovereign / half Soveregn is probably what you are looking for. 

Small, close to spot and very liquid

best

dicker

[Martlet]

I've been looking at this same price point, half sovereigns are slightly better than 1/10ths for price/g premium though its a % or two if you shop around.  I'm looking to mix it up with 1/10th Brits, Krugs, Maples every few months, silver on other months.  Watch out for delivery, cheapest dealers will be without postage, and when you add on they are not so good. 

[dicker]

I agree about the half Sovs. The 1/10th Brits are a pretty little coin.

[Tingles]

Given my time again, I think I would’ve stacked mostly gold and probably Sovs & other UK coins.  Currently liking the Beasts.  Silver storage / hiding can be an issue!!!

[dicker]

@Tingles I think that is the same thing for many!

[Pritchard]

''Monster box'? : )  space efficient

 

[Cookiesilver]

2 minutes ago, Pritchard said:

''Monster box'? : )  space efficient

 

Also well out of my price range 😭

[Pritchard]

buy the box empty? then buy / fill tubes. thats probably what im going to do with my silver

[Cookiesilver]

I've got a decent safe for storage mate 👍 

[Pritchard]

not what ii meant. but ok.

 

[CarlosArt]

Interesting thread as I am currently looking to buy first gold. With so much information, it seems a bit of a minefield. As someone interested purely in investment, ie; spending money on safe bets to reap the rewards in 25years or so, it seems sovereigns are a good bet. Does anyone buy bars from Royal Mint, for example?