RE: Gold and silver coins.16 Oct 2021 20:53
speedy is the expert here, so he will probably be more helpful than me.
However, bars are less expensive per oz. (the bigger the cheaper per oz) but if you need quick cash at any point in time and do not want to go around with a bar, then coins are more adequate. Same logic with gold vs. silver.
Also, best to not keep them at home if you are planning to buy a substantial amount. If you keep some at home, hide in different places and do not tell anyone you got some. Do not do too many places though, you will forget. Better good places than too many.
In regards to the current price, perhaps divide your investment in a few tranches. I.e if you are planning to put 1000 GBP, buy 100 GBP worth every month, or 300 a quarter, etc.
One last thing: Britannias 2021 are a beauty.