New member from uk

[Stotty1991]

Hi/morning

A new collector thats has just discovered the addiction that is buying gold and silver. Im 24 from the north east. I know there is a few companies online to buy from all offering more a less the same products. In the long run would it be better buying coins or bullion? And does it matter for bullion where it came from? ie emirates silver or metalor.... Prices vary couple of quid between each one, but is there actually a differnce?

Cheers

Marc

[HelpingHands]

Welcome. Coins are better value usually as they can be purchased from Europe in the VAT margin scheme. Bars do not apply. See https://www.silver-to-go.com/en/silver-coins/

Gold can be a different story as there is no VAT on gold.

[SilverBalls]

Welcome Stotty - it's up to personal preference what you buy but a great starting place is Silver To Go.

[doogs]

Welcome to the forum!

[Danny-boy]

Welcome buddy.

If I were you, I'd be tempted to go for volume, as much as you can get for as cheap as you can get it.

You can refine once you decide on your ultimate direction.

[motorbikez]

Buy what you like & would be happy keeping if spot keeps going down.

The problem with buy it cheap pile it high is if you need to sell quickly you will loose a lot of money if spot has moved up only marginally, stood still or or gone down.

 

Welcome aboard Marc

[Danny-boy]

The problem with buy it cheap pile it high is if you need to sell quickly you will loose a lot of money if spot has moved up only marginally, stood still or or gone down.

In the instance of needing to sell quickly, I'd imagine you'd lose more with semi-numi.

If you have a £/oz average of £15 by buying maples from STG, you can get your money back quickly by selling in bulk on eBay (or even on the forum).

Semi-numi would be far more difficult to sell in bulk and quickly, probably losing more than the regular bullion.

Just spitballin' here.

[KevinG]

Welcome.

[Stotty1991]

Thanks for all the replys. I have purchased a couple of coins and around 200g worth of bullion from 'the gold bullion company'. Not sure how they are priced in the marked, costomer service is very good though. The issue i have is the coins seemed to be priced on country and type of coin. Doesnt seem to be a 'standard' 1 ounce coin, to judge the price of the rest.

It seems the design on the coin will reflect the price not just the amount of silver.

Im not planning on a fast buy and fast sell. It will be more of a savings account that i cant easily spend so i will have more of a chance of saving

[SilverBalls]

I'm no expert Stotty, still in my 1st year, but you can get your silver much cheaper elsewhere. 

[ChrisSilver]

Welcome to the forum

[Stu]

Welcome to the forum

[Agpanda]

welcome here

[coppernut]

Hello & Welcome to the forum

Enjoy it mate.

[Abbotssilvercoins]

Welcome Stotty.  Your name brings back memories of great sandwiches whilst I was a student up in Newcastle