Pros and Cons of Buying 1/10th Ounce Gold. The WORST Investment?

Spegtacular 39 views

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@Spegtacular
After watching this video, what is your thoughts on 1/10 gold?
Comment from : @Spegtacular


@mustang19ms
Or just get gold ETFs
Comment from : @mustang19ms


@jeffhogueison1656
wel that 1800 dollar gold coin is now 2600 end 2024
Comment from : @jeffhogueison1656


@JamesWilliamson-w8y
1/10th Oz is better than nothing but the premiums are outragous Better to save cash till you can buy a 1/2 Oz or bigger
Comment from : @JamesWilliamson-w8y


@JadedJet
So costs 250 but can only sell back for 200 meaning I need the price of gold to go up another 500 dollars before I can even break even on them? brbrSounds like a bad deal
Comment from : @JadedJet


@808bAler
Published in Jan of 2022, still valid in May 2024 Awesome information, as usual!
Comment from : @808bAler


@Shazam815
I bought 4 1/10 gold ounce coins at 230$ each The premium I paid for them Already paid off I'm in it for the long game and within a year the premium I paid for is gone I'm in it for the long run So I don't mind the extra bucks if it means I can get my gold sooner
Comment from : @Shazam815


@lubovgeorgeable
Here it is 2 years later, I grabbed a few more of these because of the videos and now they are around 270 Thanks for this awesome video
Comment from : @lubovgeorgeable


@mattslivar5174
Am buying 1/10 a month and save extra cash for end of the year purchase for 1oz coin this end of year am thinking of geting 2x 1/2 or 4x 1/4
Comment from : @mattslivar5174


@scandinavianstacker8485
1/10 & 1/4 are most popular in eu
Comment from : @scandinavianstacker8485


@scarecrow33
It’s crazy how low premiums are right now You can get a 1/10 coin for $225-$235 today with a cost of $2,057/oz
Comment from : @scarecrow33


@goldbearbunny4787
And in Canada we get hit with sales tax on eagles because of the silver content
Comment from : @goldbearbunny4787


@grumpynomad3551
I’m so glad I bought a lot of gold in the 80’s I couldn’t imagine trying to stack gold at these prices
Comment from : @grumpynomad3551


@chiefordnance
When SHTF you'll want those fractional pieces
Comment from : @chiefordnance


@RavnerRavner
Couldn't 'financially irresponsible' people just invest that $250 a month into the S&P to avoid spending it? It would grow better than gold just keeping pace with inflation
Comment from : @RavnerRavner


@rustybritches6747
Well i accidentally just bought a 1/10 oz eagle for $15996 from an online auction thats with shipping and tax, I feel like a complete idiot 😭 it was a live auction thought the guy said 1/4 oz
Comment from : @rustybritches6747


@JewelryEnthusiast
Great video! Another awesome central Florida shop! I personally like the fractionals, 1/10 and 1/4 ounce Eagles are great of have Easy to liquidate if the need arises to anyone as they are affordable
Comment from : @JewelryEnthusiast


@AlexRodriguez-yz7iv
Would a coin shop trade 10 1/10 oz gold eagles for a 1oz gold buffalo?
Comment from : @AlexRodriguez-yz7iv


@billyoung6215
I bought one tenth oz, but wished I put out a little more for a quarter or half
Comment from : @billyoung6215


@isabellaschopper8988
It’s not true depend when jou buy 110 only 109 know 210 haaaaaaaaaaaa Ami jou come to late shit happens
Comment from : @isabellaschopper8988


@GixxerZilla
Subbed
Comment from : @GixxerZilla


@Donaldperson7
You got that right! It’s a inconvenience to turn in coins!!and I will spend it!
Comment from : @Donaldperson7


@john-ze7eu
1/10 oz gold is still better than buying silver
Comment from : @john-ze7eu


@seanpenrod
I think these are great ideas! Setting aside a certain amount every pay period to purchase some precious metal's
Comment from : @seanpenrod


@alburu9528
The premium is the same for 1/oz or 1/10 oz :) is because when you pay 200$ for 1/10 oz premium is around 40-50
Comment from : @alburu9528


@jasonking7729
Great savings tool There's way less "emergencies" that come up when you lock you hard earned money in metal 🤑
Comment from : @jasonking7729


@timothythompson4036
This is great logical advice Invest in what you can afford
Comment from : @timothythompson4036


@jrtjonathanwinchell3955
If those two girls spend their entire check on gold & silver what are they sacrificing if they spend their entire cash?
Comment from : @jrtjonathanwinchell3955


@geraldfranklin4430
I like your show helps keep people up on pricesCan you tell me what a 1922 peace silver dollar ruffly worth on a scale from 1 to 10 around a 7 on a real nice coin being a 10
Comment from : @geraldfranklin4430


@CoinHound
Very good discussion I am a big proponent of fractional gold, including 1/10 ouncers for much the same reasons as given by the dealer
Comment from : @CoinHound


@BenJamin-pd4mp
I think it's the best way to go third world countries are shaving their gold to buy goods ounces are just way too valuable
Comment from : @BenJamin-pd4mp


@cephasmartin8593
Selling precious metals to get a couple hundred bucks is what you have silver for I buy only one ounce gold
Comment from : @cephasmartin8593


@Bill-xx2yh
Great piggy bank Makes SAVING FUN
Comment from : @Bill-xx2yh


@SilverWatcher
I have 12 1/10 ozt gold eagles dont regret That was my lane I stay in my lane Gold is gold
Comment from : @SilverWatcher


@thealize808
This video is sponsored by pure leaf tea lol
Comment from : @thealize808


@justme82309
I just ordered my first 1/10 oz Libertadits a random year but I'm sure it'll be a 92Im a big fan of tenth oz
Comment from : @justme82309


@douglaswilliams6834
For me, the sweet spot for buying gold is 1/4 oz coins
Comment from : @douglaswilliams6834


@donalddesnoo5303
Grandma used to go to Mexico Gave poor kids silver coins Brought me a 1948 2 peso gold now 2200 pesos just a Thaught 🤔
Comment from : @donalddesnoo5303


@davidpitcher3054
What about 1/10 gold Britannia, 1/10 Austrian, Australian, etc The premium is so much less Are they a decent investment or is somebody better to pay the much higher premium for a maple leaf or even a gold eagle?
Comment from : @davidpitcher3054


@robertoh20
you'd be surprised how quickly those 1/10oz become full oz, i know i can't just buy 1 oz of gold any time i want, but i could buy 1/10 any month i feel like, I also live in Australia, we don't pay sales tax with 9999 coins, so i can collect all different types of 1/10 oz gold coins from all different mints sure as hell can't afford the variety in 1 oz coins, but 1/10 for sure
Comment from : @robertoh20


@adultingwithnudo9484
I think I would rather have 8 Silver Eagles Thank you for the video, starting to warm up to the idea of 1/4 ounce gold though
Comment from : @adultingwithnudo9484


@carlchilds3741
This is a key stacking video Watching it again
Comment from : @carlchilds3741


@bryanmaeser
I'm glad I found this channel I live 30 min from this shop I will see this place soon
Comment from : @bryanmaeser


@jacobs4545
I love 1/10 ounce rounds 1/10 ounce eagles can die in a fire
Comment from : @jacobs4545


@joemcdonald4654
Lower your insurance costs for a car house, save on or cut back onelectric gas oil, buy the shiny and keep the things that are enjoyable in life also love all those baby eagles
Comment from : @joemcdonald4654


@donnabailey5132
Hello, what do you think of goldbacks?
Comment from : @donnabailey5132


@kevinw9073
I no longer buy any gold 1/2 ounce or higher The premiums are too high Yesterday, my LCD had Krugerrands priced at 18800 each I scooped up 6 of them He purchased a very large collection of gold a couple weeks ago and priced the gold to sell, so my timing was perfect I am not always this lucky
Comment from : @kevinw9073


@goldcicvibefel7628
$210 for a 1/10th troy z AGE Really?
Comment from : @goldcicvibefel7628


@shawbang7328
Thanks spegtacular! love the chats with you and this shop owner Brian
Comment from : @shawbang7328


@steadystacking9241
I think the 1/10th Oz Eagles are a good entry point I stacked some of them while I was focusing on Silver Now that I have shifted to working on gold I have found 20 franc gold coins are a super deal when trying to budget
Comment from : @steadystacking9241


@carlchilds3741
One of the best Gold videos ever! Sharing this video with family and friends
Comment from : @carlchilds3741


@doubleshotjordan8423
The 1/4 is my favorite Premiums aren’t bad and you can actually see the coins lol
Comment from : @doubleshotjordan8423


@Broderick_
I think 5g bars are the best place to start on the lower end They sit at about 315 rn for Valcami/Argor which breaks down to $63 per gram Melt price per gram is about $58 So you only pay $25 total premium over spot for a nice little gold bar in a sealed protective case with serial number and assay brbrWith the 1/10 oz gold coins you're paying about $215 for just over 3 grams which breaks down to about $69 per gram vs $63 for the above aforementioned 5g bar
Comment from : @Broderick_


@DDDIAMANTES
I Accept your challenge my guy
Comment from : @DDDIAMANTES


@DJbabynoneck
love tenth ounce size don't like the premium I do buy them when the price is right
Comment from : @DJbabynoneck


@Quahogstacker
Great video thanks for sharing
Comment from : @Quahogstacker


@FreedomStacker
Vermillion Enterprise my go to guy for Gold and Platinum Eagles I'm buying a 1/4 Oz Gold Eagle every month this year for the Spegtacular's Gold challenge
Comment from : @FreedomStacker


@richdeal7338
Great Video The bartering thing won't happen Think of the supply chain They would All have to accept precious metals Would Never happen!
Comment from : @richdeal7338


@chadsmoak7362
Reading about people grabbing multi-figures monthly as incomes in investments even in this crazy days in the market, any pointers on how to make substantial progress in earning? I would appreciate
Comment from : @chadsmoak7362


@udell7175
Reading about people grabbing multi-figures monthly as incomes in investments even in this crazy days in the market, any pointers on how to make substantial progress in earning? I would appreciate
Comment from : @udell7175


@joseph1895
Locally people buy 1/10 oz much easier than half or full ounce Even quarter ounce seems a bit much to some people But couple hundred bucks for a new gold coin doesn’t seem bad at all
Comment from : @joseph1895


@pagannoodles
I love my LCS guy he basically buys everything at just about spot and sell at spot or a very low premium depending on the product so when it comes to fractional I go to him forget the big online retailers
Comment from : @pagannoodles


@phoenixmichaels
If you aren't ready to buy full ounce gold coins, stick with silver or save until you can
Comment from : @phoenixmichaels


@Ryanmcmxc
Definitely like your new intro man !!
Comment from : @Ryanmcmxc


@jakekresh2571
👏
Comment from : @jakekresh2571


@B29p
Challenge accepted I'm going 1/4 each month Will I make it? Who knows If I have to I'll drop down to 1/10 But I'm pretty confident in my strategy
Comment from : @B29p


@winged_stacker5107
I really enjoy your conversations with Brian Good info One thing I wish you would have covered in this video is how other 1/10th oz coins (Britannia's, Mapleleafs, etc) do in the same scenario I just finished up a tube of 1/10th coins, with the majority of them being eagles but several other coins mixed in for variety Last observation, I just picked up a 1/10th oz coin (either Canadian or Perth - not sure which I got yet) for 10 The deals on 1/10th ozer's are out there if you look
Comment from : @winged_stacker5107


@oif-2345
Why don't you encourage buying European sovereign coins? Really low premiums, a variety of sizes plus some really cool history
Comment from : @oif-2345


@FreneticZetetic
I found this video just as I decided to do 1/10oz every month AWESOME Ounce of silver a week, 1/10oz gold eagle a month
Comment from : @FreneticZetetic


@nordicmetals
1/10 oz gold is all I've been buying if 1oz shoots to 10000 small purchases will be hard with gold
Comment from : @nordicmetals


@richardlovett4958
Prepper here! I do have junk silver and 1/10 th gold I am moving into more gold this year great coin shop interview
Comment from : @richardlovett4958


@teamSHTF
#teamSHTF
Comment from : @teamSHTF


@bubbassilver4595
Trying to stack 1/4 ounce gold each month
Comment from : @bubbassilver4595


@sg-hunter
Imo 1 oz, 1/4 oz and 1/10 are the best Also 1 kilo lol
Comment from : @sg-hunter


@robertkeating1899
Cheers 😁
Comment from : @robertkeating1899


@SouthSideFrankie
I did the previous challenge, 2 Eagles, 2 maples, 1 Kang, 1 Philharmonic, 6 Britannia various dates I am very happy with them 8<)
Comment from : @SouthSideFrankie


@calebfast8088
Love these interviews :)
Comment from : @calebfast8088


@connormonnery6998
Excellent video Speg & Brian! 👍🏽🤩⭐️
Comment from : @connormonnery6998


@connormonnery6998
Excellent video Speg & Brian! 👍🏽🤩⭐️
Comment from : @connormonnery6998


@mikeobrien4437
So as I understand it even though the premium is high when you buy a smaller amount of gold your shop is willing to pay a little more for the smaller amounts over larger amounts on a buyback? That seems fair, don't think all coin shops do that -so shop around
Comment from : @mikeobrien4437


@mimaroo1431
When I started stacking in 2011, I bought 10 ounces of silver and a 1/10th ounce of gold every month
Comment from : @mimaroo1431


@melbedewy
NO WAY to 25 premiums If you can't afford an ounce go with angels or roosters from legit dealers-or a machine if you have one-at 3 or 4 percent Or bars as a second choice Anything but that 25 robbery!brIMHO
Comment from : @melbedewy


@amishgamer9780
Thanks to you Speg and your 2021 challenge (I started late in June) I have a nice looking stack
Comment from : @amishgamer9780


@50shadesofblue24
Going to see him today Want to trade some 1/4's for a 1oz
Comment from : @50shadesofblue24


@origamioutlaww5056
All hail the “Eaglettes” 1/10 oz gold! 😉👍
Comment from : @origamioutlaww5056


@TtheSilverStacker
I love the coin shop videos Thanks for sharing!!
Comment from : @TtheSilverStacker


@rolltiderman
Got my 1/10 oz on order It is not a gold eagle, but an Australian I got it for a great price Does it count for the challenge?
Comment from : @rolltiderman

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