Forum advice please

[Fathallazf]

Hello all,

I am planning to buy half an ounce of gold, i am mainly interested in britannia’s because simply i like pure gold coins. 

I am struggling to make my mind between either (Five 1/10oz), (Two 1/14) or (One 1/2oz). 

I had the 1/4oz in the past and hence i know their size but i never seen the other two options in hand. I would like to have the 1/10 because they will look plenty in the box rather than just few in larger denominations. (Also I dont mind paying the premium for smaller coins). 

I would appreciate your thoughts and advice! 

I also would appreciate if someone can show me the size options beside each-other in their hand, just for me to imagine how small is the 1/10th and how big is the 1/2oz comparing to the 1/4oz 😊. 

Thanks! 

[KitboyE17]

If you buy direct from RM then

5x 1/10 will cost £582.25

2x 1/4 will cost £561.28

1x 1/2 will cost £558.65

of course you can buy cheaper elsewhere  (Atkinsons, HGM etc)

a 1/10 is roughly the same size as a contact lens - very small and even in large quantities wouldn’t look like you have a lot of coins  

personally I would go with 1/4’s for that ‘treasure chest’ effect if that is what you are going for

 

[sixgun]

https://www.hattongardenmetals.com/buy/half-gold-britannia - one in stock @ £541 + postage

For an idea of the relative sizes - a 4 coin set - 1oz, 1/2oz, 1/4oz 1/10oz

[JunkBond]

Definitely go for the half ounce. Double sovs are lovely at 14.6g

[Fathallazf]

11 minutes ago, KitboyE17 said:

If you buy direct from RM then

5x 1/10 will cost £582.25

2x 1/4 will cost £561.28

1x 1/2 will cost £558.65

of course you can buy cheaper elsewhere  (Atkinsons, HGM etc)

a 1/10 is roughly the same size as a contact lens - very small and even in large quantities wouldn’t look like you have a lot of coins  

personally I would go with 1/4’s for that ‘treasure chest’ effect if that is what you are going for

 

I think you have changed my mind.. if its that small, i guess better go with the 1/4! And honestly i thought the premium wont be that high, i haven't even calculate it. 

Thank you for your reply 

[sixgun]

@Fathallazf 

Quote

a 1/10 is roughly the same size as a contact lens - very small and even in large quantities wouldn’t look like you have a lot of coins  

That can have its advantages - the advantage of sovereigns and half sovereigns - 

A full sovereign is 22mm - a UK penny is 20mm - hard to spot in a purse.

 

 

 

[DarkChameleon]

39 minutes ago, KitboyE17 said:

If you buy direct from RM then

5x 1/10 will cost £582.25

2x 1/4 will cost £561.28

1x 1/2 will cost £558.65

of course you can buy cheaper elsewhere  (Atkinsons, HGM etc)

a 1/10 is roughly the same size as a contact lens - very small and even in large quantities wouldn’t look like you have a lot of coins  

personally I would go with 1/4’s for that ‘treasure chest’ effect if that is what you are going for

 

I call the 1/10's shirt buttons...that's a good comparison.

[DarkChameleon]

You know that a double sovereign isn't a half ounce of gold, if you want a half ounce then you need to get a set 1/2 ounce with .999 gold...if you want maximum weight age for your money then buy less pure gold, I buy jewelry at 14k, 18k, etc...if you want a coin then go full sovereigns or even half sovereigns for more coins...you can also make a selection of countries coinage in gold with a smaller size and purity, people will buy 90% pure gold in old coins...I've never seen them left alone in the counter at coin shops for long.

[BullionBuyer]

If you are investing to get as much gold for the lowest premium then I would go for the 1/2 oz as it has a lower premium compared to the other fractional sizes. Alternatively, continue to save and go for a 1oz which will have yet lower premium and has a real weight feel.

[Cornishfarmer]

when it comes to sell, 1/4oz or sovereigns are a lot easier to sell.    had a member back along, he could have sold sovs times over but the 1/2 brits stayed for ages.   someone will tag his if they can remember.     unless you are looking at pandas or pre 33 gold they can sell quickly.

[silenceissilver]

I can only think of these reasons to buy a 1/10 ounce bullion coin of gold: To have a complete set, to use it as money during an economic collapse or if you can't afford more and it would take you a very long time to buy a full ounce. You want to have more than one piece and if you buy 1 ounce in two years it arguably takes too long till you have a few and it also ruins price-averaging, if you buy bigger pieces.

[Agpanda]

1/4

[jonrms]

1 hour ago, silenceissilver said:

I can only think of these reasons to buy a 1/10 ounce bullion coin of gold: To have a complete set, to use it as money during an economic collapse or if you can't afford more and it would take you a very long time to buy a full ounce. You want to have more than one piece and if you buy 1 ounce in two years it arguably takes too long till you have a few and it also ruins price-averaging, if you buy bigger pieces.

I buy 1/10th every month. Not saying how many, but I know i can sell them easily and quickly.  I still can make a profit on them. More than i can with anything else.  

 

[Fathallazf]

Thank you all for your advice and comments! I will buy two quarters as most recommended. Yet i will also get one 1/10th just to see its size comparing to the 1/4. If i didnt like it, i will sell it for spot in the forum (just kidding 😁) 

[ilovesilverireallydo]

Personally I prefer 1/10s. But then I like 1/20 and 1/25s too lol. They also retain premiums better than larger coins. 

Some of my micros: 1/10 Kruger, Dos Pesos, 1/25 Commemorative series 

[Fathallazf]

6 minutes ago, ilovesilverireallydo said:

Personally I prefer 1/10s. But then I like 1/20 and 1/25s too lol. They also retain premiums better than larger coins. 

Some of my micros: 1/10 Kruger, Dos Pesos, 1/25 Commemorative series 

Lovely coins! Looks nice in bulk 😅 i really dont know why i dont just collect cheap stuff like many people.. but ya, i cant change it, i love gold and i think if it was cheap, i wont be interested in it anymore 😂

[HighlandTiger]

20 hours ago, silenceissilver said:

I can only think of these reasons to buy a 1/10 ounce bullion coin of gold: To have a complete set, to use it as money during an economic collapse or if you can't afford more and it would take you a very long time to buy a full ounce. You want to have more than one piece and if you buy 1 ounce in two years it arguably takes too long till you have a few and it also ruins price-averaging, if you buy bigger pieces.

I can think of another reason to buy a 1/10th of gold. You find it for sale at around spot price, and snap it up. I have several 1/10ths in my stack. I purchased a 1/10th IOM angel this week for only 1% over spot delivered. If you find a bargain, it doesn't matter what size it is.   

[silenceissilver]

10 hours ago, HighlandTiger said:

I can think of another reason to buy a 1/10th of gold. You find it for sale at around spot price, and snap it up. I have several 1/10ths in my stack. I purchased a 1/10th IOM angel this week for only 1% over spot delivered. If you find a bargain, it doesn't matter what size it is.   

True, didn't think of that reason