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World’s Fair of Money, Pennsylvania Convention Centre, Philadelphia, PA — August 14-18, 2018

An integral part of life as a numismatist is to research and view important coin collections from around the world. This is probably as important as setting up one’s own collection. This year, numismatists from around the world will be flocking to Philadelphia to attend the World’s Fair of Money, an important global event organised by the American Numismatic Association (ANA).

What is the event all about?

The event is a 5-day exposition which will be held from 14th to 18th August 2018 at the Pennsylvania Convention Centre, located in Philadelphia. Based in downtown Philadelphia, the centre is strategically located for all visitors and has convenient transport links from all over. The convention centre boasts of a million square feet of space available for meetings, exhibitions, etc. It also has the largest ballroom in the northeastern part of the US. The fair will be held in halls D and E, which are located at 1101 Arch Street. The event will not only showcase rare coins and currency bank notes but also stamps, postcards and other items of antique and philatelic importance.


Find out how to sell your gold coins at the highest possible price. Download FREE our 10-rule guide here


Registration and timings

If you are a keen numismatist and are interested in attending this event, you can register for the fair here, by clicking on this link.  The fair is open to visitors from 1 pm on 14th August. From the following day till 18th August, the show will open at 10 am. The event will close at 6 pm on all days, barring the last, when it will close at 4 pm. Members of the ANA will enjoy free entry and special entry timings that allow them to enter the event half an hour earlier than the general public. The admission price is $8 per adult non-member, with the exception of Saturday. Kids below 12 go free to the event on all days. Admission to the event will close every day at 17:30 hours.

World's Fair of Money 2018
Rare and valuable coin collections can often be worth millions

Exhibitors from all over

Important numismatic entities will participate in the event. Coin grading experts like PCGSANACS and NGC will have their stalls up at the event. PCGS will start accepting submissions for on-site grading of coins on 13th August and have advised attendees to the exhibition to check with a PCGS representative at their booth for the exact timings for acceptance of submissions.

The 2017 World’s Fair of Money was held at the Colorado Convention Centre in Denver, Colorado last August. The event had 500 bourse tables, which included a special sale by the US Mint that attracted considerable public interest. There were two auctions held at the 2017 event by renowned auctioneers – Heritage Auctions and Stacks-Bowers. The two auctions generated several million in sales. Interestingly, prior to the 2017 World’s Fair of Money, the previous one was held 11 years ago in 2006.
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Talk to the numismatist team at Physical Gold

If you’re a keen numismatist and want to know more about buying rare coins, look no further. Our team of numismatic experts can guide you on where and how to invest in valuable coins. Call us on 020 7060 9992 or email our numismatic team to find out more.

 

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Silver Coin Dealers – 5 Things To Expect from a Reputable Broker

When investing in any form of silver, it is recommended that you always go to a reputable broker. Lots of companies offer similar deals or services and it’s easy to be swayed by promises of deals that are more often than not too good to be true. A reputable broker will have extensive knowledge of the market and will able to properly advise you on the right investments for your requirements. Here is an idea of what to expect from a reputable broker.

Transparent pricing

A reputable broker should always be transparent about their prices. Before working with any broker, you should make sure there are no hidden costs involved as some brokers will charge extra for insurance and shipping costs. You may also want to find out what rates they charge to cover their admin costs, as well as these, can vary a great deal from broker to broker.

They know the market

If you’re planning to invest your hard-earned PHYS01_Animated_Gif_2_MPUmoney on something, then you want to make sure you’re getting the best possible deal. A reputable broker will know the silver coin market inside out and will be able to tell you valuable information such as how you can make the best possible return from your investment and the most tax efficient ways to invest in silver.

They’ll act in your interest to ensure the safety of your investment

A reputable broker will ensure safe delivery of your goods by providing insured shipping and real-time tracking. They may also offer you secured storage of the goods in their own vaults or secure delivery to a vault of your choice. Some brokers may even have a physical office or premises where you can personally take delivery of the goods by arrangement. Before purchasing silver coins through a broker, you should first make sure of their policies with regards to access to your goods. For example, can you access the goods at any time? Are you able to withdraw the goods whenever you wish? These are all questions you should be asking your broker before investing with them.

Silver Coin Dealers
1887 Queen Victoria double florin

Access to a wide range of suppliers

A reputable broker will have access to the best suppliers. As an investor, this means you will benefit from the best selection of goods at the best possible prices. At Physical Gold, for example, we offer a huge selection of silver in a variety of forms including bullion coins, semi-numismatic coins, and silver bars.

Silver Coin Dealers
2oz silver Queen’s Beasts coin

High standard of customer support

When dealing with any broker, good customer support is essential. A reputable broker should be easy to contact whilst also being able to offer you the investment advice you need. You also may want to check that they offer some form of telephone support, particularly if you don’t have much previous experience of investing in silver.

How to check whether a broker is reputable

Before buying through any broker, you should first do a bit of background research to check that they are who they say they are and that their services are legitimate. There is a lot of bait and switch companies out there, particularly online, so you need to make sure of their authenticity. A good place to start is by checking review sites and reading what other people have said about them. If they are an established broker and have been about for some time, then they should have accrued a fair amount of reviews allowing you to make an informed decision over whether or not to go with them. The top dealers will be members of the British Numismatic Trade Association (BNTA) as well as other smaller society’s such as The Royal Numismatic Society.

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Purchase silver coins through Physical Gold

Physical Gold is one of the UK’s leading dealers in gold and silver. We offer a range of tax-efficient ways to buy precious metals at market leading rates. Should you require our assistance, Physical Gold’s brokers can offer you their valuable expertise, helping you put together a portfolio of hand-picked, high-performance silver coins. To speak to one of our experienced advisers today, please give us a call on 020 7060 9992.

 

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Limited Edition British Coins – Their Enduring Appeal

Coins are a classic heritage investment. They are popular with numismatics as well as investors looking to purchase them for their gold and silver content. British coins are particularly collectible and are highly sought after by investors. The Royal Mint is one of the most respected and prestigious Mints in the world and has been producing coins for centuries.

Sometimes coins are produced in limited numbers, perhaps to commemorate a certain event or to celebrate a very special occasion. Limited edition coins can be worth large sums of money and due to often being produced in smaller numbers their value has the potential to rise over time.

Limited Edition British Coins
Coins like the 1oz Gold Unicorn Queens Beast are likely to be highly popular in the future

Popular all around the world

British coins are among the most widely collected coins across the globe meaning they are also relatively liquid. As an investor, this can benefit you should you ever need to sell your coins quickly, as there is no shortage of buyers for limited edition British coins.


Discover how to sell your coins at the highest possible price. Download our FREE 10-rule guide here


Historical importance

People who invest in coins for their rarity or collector’s PHYS01_Animated_Gif_2_MPUappeal are often attracted to the unique history behind them. When you hold an old coin, you are touching something that has passed through many pairs of hands over a period of generations making them a truly inspiring investment. Britain’s rich and varied history means that its coins are a very attractive proposition for many collectors. The country has been producing coins for thousands of years which means there are hundreds of different sizes, shapes, and designs to collect. Some of the earliest examples found in Britain date back to Ancient Roman times.

Market Value

Due to the enduring popularity of British coins, their value has been known to fluctuate greatly, meaning there is potential to make a great profit. Some limited editions coins can fetch prices reaching thousands of pounds and their performance can top that of many stocks and shares.  Recently the value of many commemorative coins has soared in price. Last year, the Stanley Gibbons GB200 Rare Coin Index, which measures the performance of a representative sample of 200 rare British coins, rose more than 6%. Over the last ten years, the index has risen by an average of 195%.

Design

The Royal Mint has some of the best engravers/designers in the world and some of their coins are stunning to behold. Many limited-edition coins feature a particular design or image that sets them apart from standard circulation coins. For example, a commemorative coin might feature an image that has relevance to that particular event.

Limited Edition British Coins
Coins like the Silver Britannia Privy Mark Snake are likely to be popular in the future due to their limited mintage

Gold and Silver Content

Many individuals invest in British Coins because

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of their gold and silver content. Up until 1931, British coins were still minted to the gold standard whilst coins containing genuine silver were still in general circulation right up until 1946. Today the Royal Mint still produces gold and silver coins. These are aimed exclusively at investors and include bullion coins such as the Gold Lunar Series. (See below)

The Royal Mint

Coins produced by the Royal Mint tend to have added investment appeal. They are one of the oldest and most established Mints in the world having been producing coins since AD 886. Coins produced by the Royal Mint (such as the Britannia) which qualify as legal tender are also free of capital gains tax when sold.

Invest in limited edition British coins through Physical Gold

Here at Physical Gold, we offer a huge selection of British gold and silver coins, including limited edition gold sovereigns as well as collectable British bullion coins such as Queen’s Beasts and Lunar Coins. To browse our full range of stock, please visit our website, or if you wish to speak to one of our advisers, please call us on 020 7060 9992.

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A Guide to Measures for Gold and Silver Purity

One of the most important considerations when investing in gold or silver is the purity of the metal you’re buying. Due to gold and silver being relatively soft metals, they are normally mixed with other metals to make them harder. Just a small difference in purity can have a massive impact on the overall value of the goods so It’s important to understand what the different figures used for measuring purity mean.

Millesimal Fineness

The purity of gold and silver bars/coins is normally referred to as “the millesimal fineness”. This measures the overall purity of precious metals based on parts per thousand. For example, if a gold bar has a fineness of 999 then it is made up of 999 parts gold to 1-part other metals. Because no form of gold available on the market is 100% pure, the purest gold bullion bars and coins, normally have a millesimal fineness of 999 or 999.9. The finer the purity of the metal, the higher its value.

“Buying gold – 5 reasons to invest”, a must-watch video for gold investors.


Insiders Guide to Gold & Silver Investment. Download our FREE guide here


Measuring the purity of silver

Like gold, silver is often measured using millesimal fineness, with the purest form of silver measuring .999. When investing in silver, however, you may come across terms such as “Sterling silver or “Britannia silver”. These hallmarks are direct references to the metal’s purity and can be found stamped on the metal itself. Both Britannia silver and Sterling silver is slightly less pure than fine silver with Britannia silver measuring 95.8 and sterling silver 92.5 on the millesimal fineness scale. Some silver bars are made in Sterling silver as are certain collectables and antiques. Britannia silver was a standard first introduced by the 1696 Coinage Act. No coins are currently minted in Britannia Silver, the last being the 2012 edition Silver Britannia.

Gold and Silver purity measures
999.9 fine gold bars

Karats

When buying gold or silver in various forms, you will sometimes PHYS01_Animated_Gif_2_MPUfind that its purity is measured in “karats”. Gold jewellery, for example, is often measured in karats. The purest form of gold is 24 karats; however, it only needs to have a millesimal fineness of 990 to obtain this status. The reason why karats are not used to measure the purity of gold and silver bullion is that they are not a fine enough measure, however, you can work out the “fineness” of precious metals measured by dividing the karat by 24 and multiplying the value by 1000. For example, a 12-karat gold necklace has a purity of 50% – 12 divided by 24 x 1000. Different countries also have different rules on the minimum purity levels required for gold and silver. Therefore, when trading in gold and silver abroad, you should be aware that what classifies as 24/18 karat gold in one country might not necessarily be the same in the UK.

Verifying the purity of precious metals

Currently, there are only two-real methods of verifying the marked fineness of precious metals and one of these methods requires destroying it completely in order to separate the different metals within it. This is known as assaying the metal. The other method uses x-ray fluorescence to determine the metal content. However, this method isn’t 100% accurate as it only measures the outermost section of the metal and therefore might get fooled by thick plating. Due to the difficulty in being able to determine the true purity of precious metals, it is always advised that you buy gold or silver from a reputable broker or dealer so as you can be assured that you’re getting what you’re paying for.

Gold and Silver purity measures
999.9 silver Queen’s Beasts coin

Invest in gold & silver through physical gold

If you’re looking to invest in gold or silver, then the best way to do so is by purchasing bullion. Bullion is the highest purity form of gold and silver and can be purchased in the form of bars (such as our 1KG silver bar) or bullion coins. Here at Physical Gold, we stock a wide range of gold and silver bullion including legal tender coins produced by the Royal Mint and gold bars in various sizes including 1oz, 100g right up to 1kilo bars. For more information on measures for gold and silver purity or to ask our advisers any questions on the best way to invest, please give us call on 020 7060 9992.

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Rewarding Employees with a Bonus of Gold or Silver

Rewarding employees is a great way to improve morale and increase motivation within the workplace. Whilst many companies offer money-based bonuses, physical gifts can also sometimes be awarded to employees. In the past, employees were often rewarded with gifts such as carriage clocks or gold watches for their performance, whilst today employees are more likely to be gifted items such as tv’s iPhones or tablets.

Bonuses of gold and silver are also sometimes gifted to employees. This is usually given in the form of bars or coins. For employers looking for a more creative way to reward their staff, gold and silver may represent the perfect option.

Reasons why you should consider rewarding staff with bonuses of gold and silver

There are now many companies which award their staff some form of monetary bonus. It has reached the point where it has become almost expected by many employees. Staff have to wait until the end of the year to receive any sort of financial bonus and they are not always enough of an incentive on their own to keep your workforce fully motivated. Bonuses of gold and silver are a much more personal reward idea. They hold their value over long periods of time and make for a timeless, unique bonus. Not only are they something that can appreciate in value, but they are also less likely to be frittered away, in the same way, that an end of year bonus might.


7 Crucial Considerations before you buy gold or silver. Download our FREE cheat sheet


Gold and silver are available in a wide range of forms

Gold and silver bullion is available in both coin and bar form, offering a wide range of possibilities for employers in terms of bonuses. Whatever value you’re looking to gift as a bonus, you will find something that fits your requirements.  A gold bar, for example, might make for a great retirement bonus. You could even have it engraved with a personalised message thanking your employee for their contributions over the years, making it a very special and personal bonus gift.

Rewarding Employees with a Bonus of Gold or Silver
Bars are just one form in which gold can be supplied

Tax advantages

PAYE tax and National Insurance contributions must still be deducted from bonuses of gold and silver using the employer’s usual payroll procedures, however, gold and silver bullion often comes with certain tax advantages. For example, all legal tender coins in the UK are completely free of Capital Gains Tax whilst coins such as gold sovereigns are free from VAT.

Gold and silver coins

Coins make an ideal bonus gift. Insider's Guide to gold and silverThey are quite small and can be easily presented in a nice case or sleeve. There is an element of mystique surrounding coins, gold coins in particular, and they are seen as something precious and valuable. Presenting an employee with a gold coin can make them feel valued and special. It’s not something that would find at your local department store or everyday retailer unlike bonus gifts such as TVs or the latest iPhone. Here are some great examples of bullion coins that would make a very special bonus gift.

Gold Sovereigns

Gold sovereigns will probably go down in history as one of the finest ever examples of British coinage. First minted in 1489 on the orders of King Henry VII, it was the largest gold coin ever minted in Britain at the time. Today gold sovereigns are no longer in general circulation; however, they are still are still classed as legal tender along with British Bullion coins such as Britannia’s and Queen’s Beasts coins.

Gold sovereigns are stunning examples of British design and craftsmanship. They are often given as special gifts on important occasions and are a perfect reward bonus for a hard-working employee. Steeped in history there are many examples of gold sovereigns in the UK including those that have been in circulation as well as bullion coins. Browse Physical Gold’s selection of gold sovereign’s here.

Queen’s Beasts coins

Queen’s Beasts coins are a stunning collection of coins made up of 10 different coins each featuring one of the 10 heraldic beasts present at Queens Elizabeth II’s coronation. Available in either gold or silver, Queen’s Beasts are very high purity coins containing .9999 silver/gold bullion. Like gold sovereigns, Queen’s Beasts coins are also considered Legal tender in the UK and are therefore free from Capital Gains Tax. With their stunning designs and high bullion content, Queen’s Beasts coins would make an excellent bonus gift. Browse Physical Gold’s Queen’s Beasts range here.

Rewarding Employees with a Bonus of Gold or Silver
2oz Silver Queen’s Beasts coin

Order gold or silver through Physical Gold

Physical Gold are specialist dealers in gold and silver. We offer a wide selection of investments at leading market prices, many of which are Tax and VAT free. These include bullion coins, gold sovereigns and gold/silver bars. Get in touch today to find out more by giving us a call on 020 7060 9992.

Image Credits: Money Metals and Bullion Vault

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British Silver Coins – 8 of the Best in History

Silver coins were first seen in Britain during Roman times; however, it wasn’t until the creation of the Royal Mint in 1886 that they started being produced on a mass scale. Over the last thousand years or so, the Royal Mint has been responsible for some of the finest examples of silver coinage ever produced and whilst silver is no longer used in the creation of circulation coins, historic British coins still prove to be hugely popular with collectors and investors alike. Silver bullion coins are also still produced by the Royal Mint and are highly sought after by investors who value them for their silver content. Here are some of the most collectable examples of British silver coins:

1)    Queen Victoria “Gothic Crown” 1847

The crown was a large and heavy silver coin that remained in circulation between 1707 and 1965. It weighed exactly 1 oz and had a face value of 5 shillings. Silver crowns are incredibly popular with collectors due to their size and relatively high silver content. Pre-1920’s crowns contained exactly .8409 troy ounces of sterling silver (92.5% purity). Thereafter they were produced in 50% silver up until 1946.

British Silver Coins
Both sides of the Queen Victoria Gothic Crown of 1847

One of the finest examples of a silver crown is the Queen Victoria “Gothic” crown of 1847. It is considered by some collectors to be one of the most beautiful British coins ever minted. It was also produced in very limited quantities (only 8,000 were ever minted) and its depiction of Queen Victoria wearing a crown meant it was the first coin to feature a crowned monarch for over 200 years.


Find out how to sell your coins at the highest possible price. Download our FREE 10-rule Cheat Sheet here


2)    Queen Victoria 1887 Silver Sixpence

From one of the largest silver coins ever produced to one of the smallest; the silver sixpence has become a firm favourite with collectors due to its cultural significance. It was first minted in the reign of Edward VI and circulated until 1980. Over the years it has come to be considered a good luck charm and was often placed in Christmas puddings as a symbol of good luck. Silver sixpences were produced in sterling silver up until 1946 and therefore have a relatively high silver content despite their size. In 1887 Great Britain celebrated Queen Victoria’s Golden Jubilee by issuing a special sixpence to commemorate the event.

3)    King Edward VII Silver Florin 1902 – 1910

The florin is a large, thin silver coin that was issued from 1849 right up until 1967. The coin had a value of two shillings and up until 1920 contained exactly.3364 Troy ounces of sterling silver. The Florin was the first-ever example of decimal currency, introduced in Queen Victoria’s reign as an early trial before later being abandoned.

British Silver Coins
The 1904 King Edward VII Silver Florin

King Edward VII florins are highly prized among Insider's Guide to gold and silvercollectors due to a unique design variation. Up until 1902, all florins were minted with an image displaying the shields of the United Kingdom on the reverse side. Between 1902 and 1910 however, the coins’ design was changed to depict an inspiring portrayal of a standing Britannia instead. The Standing Britannia florin is considered by many collectors to be the more attractive design, perhaps in part due to the fact it was only minted for a period of 8 years. In 1911, following the accession of George V, the florin’s design was changed back to the original shields and sceptres design whilst later issues featured the national emblem.

4)   William IV Crown 1831 – 1837

William IV coins tend to be very popular with investors as the king only had a relatively brief reign. Consequently, there are fewer coins from this time period still about. During William IV’s reign Crowns were not issued at all for general circulation, however, some proofs and patterns were. These are now highly sought after and can fetch considerable prices. The obverse of this stunning coin features a bare head portrait of William IV whilst the reverse depicts a crowned shield on a mantle.

British Silver Coins
A William IV Crown from 1836

5)    George IV Half Crown 1823

Half-crowns were a silver coin equivalent to two shillings and sixpence or one-eighth of a pound. The half-crown was first issued in 1549 during the reign of Edward VI. Pre-1920 half-crowns contained exactly .4206 troy ounces of sterling silver.

One particularly rare and sought-after half-crown is the 1823 George IV half-crown. Its reverse side features a garnished (fancy) shield with a thistle and shamrock positioned on either side. George IV was also the last British king to be shown on coins wearing a Roman-style laurel wreath.

6)    Queen Elizabeth II Silver Britannia 2012

Some coins produced by the Royal Mint are PHYS01_Animated_Gif_2_MPUaimed exclusively at investors and have a much higher silver content than circulation coins. These are known as bullion coins. First issued in 1997, the 1oz Silver Britannia is one of the most popular British bullion coins among investors and is traded all over the world. The 2012 silver Britannia is a particular favourite with investors as it was the last ever British coin to be struck in Britannia silver, a standard first introduced in the 1696 Coinage Act. After 2012 Silver Britannia’s were struck in .999 silver. The coin is also the only issue apart from the 1987 silver Britannia to feature the original Britannia design. You can browse our full catalogue of silver Britannia coins here.

7)    Queen’s Beasts Coins 2016-2021

The Queen’s Beasts are a series of 10 coins produced by the Royal Mint in both gold and silver since 2016.  Every year another two coins in the series are released, with the final coins to be released in 2021. Each of the coins in the series features an engraving of one of the 10 heraldic Queen’s Beasts statues that were present at Queen Elizabeth II’s coronation.

The Queen’s Beasts silver coins are a very good option for investors as they are currently the only two-ounce silver bullion coins produced by the Royal Mint. Their stunning designs all of which are created by renowned engraver Jody Clark also makes them a popular choice with collectors. Queen’s Beasts coins are minted in exceptionally fine silver and have a purity of .9999. Browse our selection of Silver Queen’s Beast’s coins here.

8)    Silver Lunar coins

Silver Lunar coins are a series of coins produced by the Royal Mint in order to celebrate our multicultural community in the UK. Combining examples of the finest British craftsmanship with ancient Chinese tradition, the Silver Lunar coin was first minted in 2014 and is struck in .999 solid silver. A new lunar coin is launched each year, with each edition set to feature a different animal from the Chinese zodiac. The coin is available in .999 bullion silver. Check out our full range of Silver Lunar coins here.

Buy British silver coins today

Physical gold is one of the leading silver coin dealers in the UK. We offer a huge selection of silver bars and silver bullion coins including some of those already mentioned above. To view our complete range of British Silver coins, please visit our website here. If you wish to discuss a specific item with us or if you need any investment advice, please get in touch by calling us on 020 7060 9992.

 

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Buy Silver in London Direct from Physical Gold Ltd

When it comes to buying silver online, the first thing you need to do is identify a reliable silver broker. Look no further than Physical Gold. Yes, we are a trusted and vetted precious metals broker and investment advisor. Although our name may indicate that we only sell gold, we do sell silver and we can tell you how to buy silver bars or bullion online without getting ripped off.

The London precious metals market

For centuries, London has been a great market for precious metals. Today, with the advent of online trading, the rules of the game have changed. By going to a large online broker like ourselves, you are able to exercise choice in buying silver products. We have established links with silver manufacturers, from whom we are able to source our silver at rock bottom prices.

Value, range and expertise

The scenario is vastly different from buying silver locally at a high street shop. While we have great regard for the high street traders, they simply cannot offer the range of products we can and at the prices we sell. All our silver is vetted and carefully selected by our team of experts and this takes away your hassle of having to do the same. We use state of the art equipment to test products and our quality assessment and vetting process are second to none. Our products come with a certificate of genuineness and a buyback guarantee that ensures your peace of mind when you buy from us.


Considering buying silver? Download our FREE 7 step cheat sheet here first


Buy silver in London
Buying silver online is the smartest and quickest way to purchase

Identifying a reputed broker

Reliable and reputed brokers are registered with an industry body. Physical Gold is a member of the British Numismatists Trade Association (BNTA) and The Royal Numismatic Society. This means we have to adhere to a certain code of conduct when dealing with customers.

It’s also important to complete a background check on the company you’re buying from. We have an excellent track record, borne out by reviews from customers who have traded with us in the past. Reputed online silver brokers would always maintain transparency and must have a customer hotline through which they can be reached.

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We are always reachable on 020 7060 9992. No matter which online broker you choose to trade with, it’s important that you conduct the proper checks before executing a precious metal transaction, as your deal could involve a large sum of money. There are plenty of con artists out there who conceal their true identity behind the anonymity that the internet offers. So, its buyer beware.

Get in touch with Physical Gold to buy silver direct

Once you’ve decided to make a purchase from our website, the procedure is really simple. A free account on our website is usually the first step. Next, you need to browse our products online and decide your purchase. You might want to buy silver coins or silver bars. Even if you don’t buy, you will still continue to benefit from all the silver industry news, opinion and research on buying.

Much of this is available in the ‘insights’ section on our website. Payments can be made through bank transfers and most credit or debit cards, through our 3D secure payment gateway. Call us on 020 7060 9992 or send a message online and a member of our team will get in touch with you to discuss your silver requirements.

 

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The Mistake of "buy gold near me" thinking

While the proverbial ‘high street gold shop’ is not completely obsolete just yet, a large percentage of the gold trade has moved online. Buying gold through a reputed online trader gives you access to a range of different products that you probably won’t get in your high street shop anyway. Moreover, large online traders are able to offer better prices by cutting out the middleman. If you think about it, the high street gold seller who operates from a small shop is really just a middleman.

Mistrust of buying gold online

In spite of that, there are investors who do not trust the online trade in precious metals. They still hold on to the notion that the best way to buy gold is to see, touch and feel it. This sentiment is perhaps one of the reasons they go to a store nearby to buy their gold and end up paying a lot more.

buy gold near me
Glitzy high street gold shops often have limited inventory

The cons of buying ‘nearby’ gold

You’d think it’s a no-brainer. Let’s quickly review the advantages of buying online as opposed to buying from a local shop.

 

  1. By buying online you have access to a much greater collection of gold products and pay less at the same time.

 

  1. Your trade remains anonymous and remains under wraps. One of the biggest disadvantages of buying gold ‘nearby’ at a store is that you can become an easy target for theft.

Insider's Guide to gold and silver

  1. Since your transaction takes place through a digital medium, there is an online record of your payment. In all probabilities, you would pay for your purchase using a debit or credit card or maybe a bank transfer. In any event, a record of this transaction is created at both your bank as well as the dealer’s bank. Once this online trail is created, it cannot be deleted and this protects you in the event something goes wrong. Many credit cards also offer buyer protection up to a certain amount.

 

  1. Often local gold shops ply their trade based on word of mouth and footfall. However, this is not necessarily a good thing. If you’re new to buying gold and don’t know about all the dos and don’ts, you’re likely to make a mistake when buying at the shop. Online traders, on the other hand, have limited human contact with you as a customer and would always try to display professionalism.

Benefits of buying from an online gold trader

Online brokers like Physical Gold, today source gold in the form of bars and bullion direct from global manufacturers and due to the large volumes, they get preferential rates. You can gain from this, as online brokers are more likely to pass on their savings to you. This is simply due to the fact that they do not have an expensive high street showroom to run and pay out utility bills, rent, salaries, etc.

Call our team of professionals to get helpful tips on buying gold online

At Physical Gold, we pride ourselves on our professionalism and commitment to customer satisfaction. We ensure that all our products are genuine and what’s more, we also offer our customers a buyback guarantee. Our experts are happy to advise you on the best way to buy gold online. Call us on 020 7060 9992 or simply send us a message online to connect with our team of experts.

 

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Baby Boomers – the Generation Which isn’t Ready for Retirement

When we speak about the baby boomer generation, we think about a number of revolutionary events that happened during the sixties. Images of flower power, the birth of rock n roll, Martin Luther King, man on the moon, the Vietnam War, the Beatles – they all come to mind. The baby boomer generation was born between 1946 and 1964. Much of what happened during their time shaped the world as we know it today. It is therefore ironic that such a futuristic generation could not plan financially to retire.

The baby boomers

According to a study conducted by Legg Mason, an American investment management firm,

Baby boomers who are now between 53 and 71 years of age would require a savings kitty of $658,000 to retire comfortably. However, the survey revealed that the average boomer in the US had only $263,000 in savings, with a large shortfall of $395,000 to cover. This gap looks difficult to cover via the existing retirement income options available to those within the age groups.

Boomers in the higher age bracket of 65 to 74, who have either already retired or are close to retirement have so far managed an average of only $300,000 in their individual savings pots, which is still not going to be enough. British boomers were not far behind. Figures released by the Office of National Statistics (ONS) show an alarming 75% rise of people in their 50s and 60s working in the UK, with no signs of slowing down.


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Early retirement is a pipe dream for these boomers as many haven’t saved enough for the rest of their lives. Moreover, with the increase in life expectancy, more money would now be required for these couples to carry on living comfortably. Saga, the company that caters to the boomers has christened them ‘generation W’ – the working generation.

Baby Boomers
The baby boomers are known as the progressive generation of the sixties

Conservative investment approach

Part of this predicament could be linked to their investment philosophy. Many boomers were hit particularly hard by the Great Recession, which greatly impacted the economies of industrialised nations. Many lost their careers, leading them to search for alternative employment. Their risk appetite took a nosedive during this period, leading to conservative investing trends. QS Investors, an investment management company found that boomers preferred to put more money in cash deposits, allocating 30% of their investable capital to this asset class. However, with abysmal interest rates since 2008, the goose they reaped in the past ten years could hardly be called golden.

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Boomers also invested 24% and 22% in equities and fixed income products respectively. According to the new age asset allocation model put forward by an investment expert, distribution of assets between equities and bonds at the age of 60 needs to follow a ratio of 60 – 40. Of course, as we can see with the boomers, this is hardly the case. Boomers allocated only 8% in real estate and 2% in precious metals.

The boomer’s shortfall – other reasons

Of course, inflation is another factor that has eroded the savings of baby boomers. At a time when boomers could have been on their home run to make enough to beat inflation, the recession happened. Another important factor is that the new generation has also been disenfranchised by the recession, dashing their hopes of a new mortgage and financial independence.  A recent study found that people under the age of 45 in Britain owned only 900bn pounds in assets. The struggles of the new generation have put pressure on many baby boomers, who are now having to support their children.

Call our investment experts to discuss your retirement

A lucrative investable asset class missed out by the baby boomers is precious metals. Call our investment experts now to discuss how building a gold nest egg can set your mind at peace during your later years. We offer SIPP schemes as part of our pension gold packages on which you can avail of a 45% income tax relief as a UK resident. Call our investment team on 020 7060 9992 or get in touch with the team online and an advisor will reach out to you at the earliest.

 

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Buy Gold and Silver Monthly with Regular Investment Savings Plans

The case for regular investments

Investors who are serious about building a strong financial portfolio usually invest regularly. It doesn’t matter what asset class you pick, the periodic churning of your portfolio is the only way to keep it optimised. Building a precious metals portfolio is, of course, no exception.

When you invest regularly, you end up buying at various price points. So, you don’t have to worry about timing the market because the market fluctuations average out over a long period of time. For example, if you were to buy mutual funds and you invested every two months, you would build a sizable investment portfolio over a period of time, without laying undue financial stress on your budget, while gaining the advantage of averaging the various price points in the market out. Eventually, if you stayed invested for say, 6 years, you would make money.


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Monthly gold plan

As precious metals brokers and investment advisors, we often advise investors to put together a regular investment plan. Our monthly saver gold bundle is an excellent investment option for investors who aren’t sure about the products they want to buy. The minimum monthly threshold starts at £250 and we set you up to buy tax-free gold coins.

Investors receive different varieties of sovereigns and half-sovereigns delivered to their door. They cannot choose the coins they receive. Given that the spot prices of gold vary, you would also buy the coins at different price points, spreading your risk. This is a great way to build the foundations of a strong portfolio of physical gold. Before you know it, you would have amassed a small fortune. You can simply get started by filling out the form on this page.

Buy Gold and Silver Monthly
A regular monthly investment can help you build a quality gold portfolio over time

The director’s pick

If on the other hand, you wanted to kick-start your gold portfolio, we also have a ‘director’s pick’ option. You can choose to invest a couple of thousand pounds, going all the way up to 50k. The tax-free gold coins you will receive are handpicked by our director, Daniel Fisher and have great investable value. All of our products come with a certificate of authenticity and we also offer a guaranteed buyback scheme.
Insider's Guide to gold and silver

Silver monthly saver

While we don’t run the same auto-pay monthly saver for silver, it’s still possible to regularly save in silver coins. Silver investors need to make individual purchases of silver from our online portal every month. Once an account has been created, single orders are very quick to complete.

Talk to our precious metal experts for the best investment options

At Physical Gold, we take customer satisfaction to new heights. Just call our team of investment experts if you’re unsure which monthly saver package is best for you. Call 020 7060 9992 or drop us an email and a member of the team will be in touch with you shortly. We are a BNTA registered precious metals broker and we always ensure that every customer gets the best value for their money. Call now.

 

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Why Gold is Still a Safe Haven for Long-term Investors

Investors have consistently turned to gold for safety during times of global turmoil. If we study gold prices over 20 years, we can see that the demand for gold spiked at specific points in time, when the capital markets had crashed. This ‘safe haven’ driven demand sent the spot prices of gold skyrocketing at those specific junctures. Back in 2002, the price of gold registered an increase of 23.96% and the trend continued into 2003 with prices rising once again by 21.74%. Gold climbed 31.59% in 2007 as the world was pushed to the brink of recession.

The years of the great recession were 2007 to 2009. The US officially went into recession by December 2007, but the early reflections were felt through 2007, sending investors scurrying for gold. Likewise, the ripple effects were felt long after, and even now, the world has not completely recovered from the devastating effects of that recessionary period. Sure enough, gold hit a record high of $1420.25 per troy ounce during 2010 – 2011.


Download our Ultimate Insider’s Guide to Gold Investment here


Stability of the yellow metal

It may be concluded therefore that gold is simply a stop-gap cover for investors looking to hedge their risks against market uncertainties. But let’s stop for a minute and take a long hard look at gold prices again. Gold offers stability and provides steady returns for the long-term investor with a serious view and a sustainable time horizon. Prices of gold were only $369 in 1996 Through the ups and downs, gold has consistently emerged stronger, leading to a high of $1664 in 2012.

Investors need to look at gold as insurance for their portfolios and use steady returns to create a stable base for their portfolio. Those who waited were rewarded with fourfold increases in gold prices over a span of 20 years. These people were rewarded because they had stable investing habits, coupled with a long-term vision for gold. Having faith in your investments goes a long way and chalking out a timeline you can follow before cashing it in.

gold as a safe haven
Having a sustainable investment horizon is crucial for enjoying success with gold

Is gold still a safe haven?

The world’s fair share of economic woes continue unabated PHYS01_Animated_Gif_2_MPUand indeed, gold remains a safe haven for investors. Brexit uncertainties in Europe, the instability of the coalition and US-China trade wars are just a few reasons to stay invested in gold. The war on terror is an added factor in this toxic mix. Even if the uncertainty eases in the years to come, price trends have repeatedly shown us that gold prices have enjoyed a steady overall increase, in spite of short-term ups and downs.

Call our investment experts for sound advice in gold investing

At Physical Gold, setting gold investment strategies is what our investment team does best. We love to guide investors just like you on how and when to buy the precious metal. So, call us today on 020 7060 9992 or get in touch online to find out how a long-term view on gold may be just what you need in the years to come.

 

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What is the Cheapest Way to Buy Silver?

Globally, silver is sold as per its spot prices. So, can you buy it any cheaper? Well, the only way to do that is to buy junk silver coins. These coins are often sold below their spot price, and so can be considered as one of the cheapest silver buys on the market. Although the percentage of silver in these coins often vary, investors do buy these as a form of speculation. It’s just like buying junk bonds. In this case, speculators get more silver for their money.

What are junk silver coins?

Junk silver coins are world coins with absolutely no numismatic value. Therefore, the only value it could possibly have is the value of the amount of silver it contains. The most popular coins within this category are American silver coins that were minted prior to 1965. The US government minted several coins during this period using alloys that contained silver. However, the purity of silver in these coins varied from 35 to 90 percent. So, these coins command a market value based on what is known as their ‘melt value’. Many of these coins are very attractive to investors as they present a way for them to buy silver at low prices.

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Bullion coins such as the American Silver Eagle command a ten to fifteen percent premium over the spot price. However, junk silver coins can be bought at only 1-3 percent over the spot. So, this means it’s important to identify specific junk silver coins that have no value to numismatists and also trade at low prices – just over the spot or sometimes even below.

Cheapest Way to Buy Silver
Bags of junk silver coins need sorting to pull out 80% silver coins

Identifying the right coins

If you’re going to spend your money buying junk silver coins, you’d better get a decent amount of silver from it. What you don’t want to do is spend your money buying large amounts of base metals, which are worthless. So, the rule of thumb is to avoid coins that have 35 or 40 percent silver only. Many of these are around, so it’s important to do your research well. There are US half dollars with the head of JFK and there are wartime nickels that are simply called Jefferson war nickels. These have no value.

Cheapest Way to Buy Silver
Unlike the US Morgan Dollar above, junk silver coins have no numismatic value

The cheapest way to buy silver

Circulated US junk silver coins Insider's Guide to gold and silverare sold in assorted bags with little or no premium over the spot price. Typically these contain silver coins with varying levels of purity and can be found at different prices ranging from 100 to 1000 dollars. This is literally the cheapest way to buy silver. You can find 90% silver coins in these bags as well. However, investing in these bags requires a large amount of investment, as one cannot strike lucky by buying just one bag. Only after buying several bags can one extricate enough silver to justify the investment. Additionally, as a speculator, you would need to go through the bags and segregate the coins to identify the ones with the highest amount of silver. So, it may not be the smartest and the best way to buy silver, in spite of the prices.

Call our precious metals team to discuss your silver investments

At Physical Gold, our precious metals experts can guide you in buying gold and silver online (e.g. silver Britannia coins and silver bars (such as 1KG)). You don’t have to sift through bags of junk silver coins to strike lucky. Just call our team of experts on 020 7060 9992 or get in touch online and they would be happy to discuss the best way to buy silver at the cheapest online prices, so you can meet your investment goals.

 

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King George V Half Sovereign – A Historic Coin with a Bright Future

First struck back in 1910, this vintage coin has grown in value and gained a following in the century since it was originally produced. Here is a look at the heritage and pedigree the King George V half sovereign represents, and the bright future it’s set to enjoy.

King George V Half Sovereign
King George V half sovereign obverse and reverse

History of the King George V Half Sovereign

When King George V came to the throne in 1910, Britain was a global superpower, unknowingly sitting on a precipice of events that would eventually lead to the start of the First World War just a few years later.

This, in part, is the reason that the King George V half sovereign holds so much significance. It was quite literally the poster boy for the war efforts once the fighting had begun, forming an important part of the campaign to get people to invest in a war loan to bolster the finances of the nation as a whole. It was also used, along with the larger gold sovereign, to pay the countries war debts to the US.

King George V Half Sovereign
Wartime poster encouraging gold sovereign investment

The strong historical associations that the coin enjoys today have much to do with the way that gold coinage was changing in Britain when it was initially produced.


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The country was leading the world in terms of minting gold coins, so much so that economists and politicians alike were concerned about having such a large proportion of the gold in the country proliferated in this way.

Global reach

The sovereign was envisaged as becoming a gold coin with global reach, reinforcing Britain’s power and consolidating its influence worldwide. However, this half-sovereign would be the last of its kind to enter general circulation, as the switch to banknotes began and fewer precious metals were used for coinage.

The final King George V half sovereign was struck in 1924, but its popularity during its time in production was enough to secure its lasting impact and collectability.

King George V Half Sovereign Design

This coin features Bertram Mackennal’s Insider's Guide to gold and silverportrait of the monarch himself on the obverse and Pistrucci’s iconic depiction of St. George defeating the cowering dragon on the reverse. As such the King George V half sovereign is very much in keeping with the classic design format adopted for coinage of this kind ever since their inception.

Future of the King George V Half Sovereign

As with many half sovereign coins, this King George V example is available in various quantities. Whether you are a collector looking for a single coin, or an investor who is interested in how it will appreciate over the years, there are options for you.

Enhanced profit potential

At the moment its value is equivalent to that of similarly aged half sovereigns, including the Queen Victoria half sovereign and the King Edward VII half sovereign. However, it is arguably a coin that has the opportunity to increase in value more consistently than its contemporaries.

The future appreciation of the King George V half sovereign will have a lot to do with how its historic significance is perceived in years to come. Its associations with the First World War, the golden age of British coinage and the eventual end of the general circulation of gold coins leave it in a great position to build a stronger reputation.

Collectable gold coins of this era have even been found squirrelled away for safekeeping in some unusual hiding places. This makes it a good idea to carefully plan where to store your investment.

Speak to us for gold coin investment guidance

If you are considering investing in gold coins which are valuable for their historic importance as well as their precious metal content, speak to Physical Gold’s expert advisors today. You can call us on 020 7060 9992 or use the contact form on our site to get an email response.

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Coinex, 41st International Show, 27th to 28th September 2019

Coinex 2018 is scheduled to kick off in London at the end of September, marking four decades since the first event was held. Organisers at the British Numismatic Trade Association (BNTA) are opening up the event to more dealers than ever, promising excellent choices for collectors and investors alike.

Coinex 2018
Coins from around the world

Who are the BNTA?

The BNTA was first formed all the way back in 1973 in order to help the nation’s community of coin dealers engage with the government on tax issues impacting their industry, while also attempting to stamp out forgery and counterfeit coin operations.

Just five years after its formation it launched the first Coinex event, traditionally hosted in the heart of the capital at hotels and event centres near Mayfair.


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Plans for Coinex 2019

Coinex 2019 will be moving back to its usual venue at the Millennium Hotel, London, Mayfair. The old Millennium Hotel has now been rebranded as the Biltmore, Mayfair. The hotel has now been upgraded to a five-star status following an extensive renovation and facelift. Today, the prestigious hotel at 44, Grosvenor Square, Mayfair is part of the Hilton group. The hotel has been renovated at a cost of £50 million through 2018 and will celebrate its brand-new opening in September 2019. The BNTA believes that it will be an ideal location for Coinex 2019. The luxurious new conference halls will mean that a larger line-up of coin dealers and attendees can be accommodated. With excellent public transport links, secure delivery access and the perfect positioning for people who want to explore London as well as buying gold coins, the Biltmore, Mayfair should be an ideal setting for Coinex 2019.

10 commandments

Why attend this event?

Quite simply the BNTA’s size and influence mean that this annual get-together of dealers is one of the best places to find valuable coins of every conceivable age and quality.

The involvement of the BNTA also gives buyers peace of mind about the provenance of what they are buying. Every dealer this year will either be a member of the association or have been invited specifically to set up shop because they are known to be reputable.

It’s worth noting that over the year Coinex has expanded to include more than just rare coins. Everything from banknotes and medals to bonds and shares will be on sale, so even people with a passing interest in rarities and collectables should make an effort to attend.

With the event increasing in size for its 41st anniversary, you can also expect to see antiques of other types mixed in amongst the stalls, ensuring there’s something for everyone. On Friday, 27th September 2019 a special VIP preview will be held from 10 am to 12 noon. This session has an entry fee of £30. The regular event will commence from noon on that day till 6 pm, with the entry closing at 5:30 pm. The event will continue on Saturday, March 28. September 2019, from 10 am to 4 pm. The final entry is scheduled at 3:30 pm.

Why buy gold and silver coins?

Some people buying precious coins just for the thrill of collecting rare, historic objects. Others do so to make an investment in a physical commodity that will appreciate in value. Whichever category you fall into, Coinex 2019 should pique your interest. Gold coins have historically kindled the interest of numismatists and investors alike. As a stable asset class, gold coins add balance to an investment portfolio. Silver coins, on the other hand, have gained popularity over the years, as investors see the white metal as a promising investment vehicle that could provide rich returns in the foreseeable future.

Invest in precious coins with Physical Gold

If you are interested in buying rare gold coins and collectable silver coins, you don’t have to head all the way to an event in London and haggle with dealers. Contact Physical Gold by calling 020 7060 9992 or using our contact form for advice, quotes and assistance.

 

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The Recovery of Gold from Old Mobile Phones

Mobiles sell by their billions each year, with smart devices and feature phones proving essential for modern life. But as handsets are replaced and e-waste mounts up, the focus is turning to recycling and the recovery of gold and other salvageable items from old mobile phones.

gold in mobile phones
Old phones offer gold recovery opportunities

Phones as a gold mine

Even with the first dip in sales reported in the final three months of 2017, mobiles remain a hot property on the global market. What unifies every device, no matter its feature set or price, is a reliance on electronic circuitry and, by association, various precious materials.


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Gold is present in fairly small amounts within almost every mobile that has ever been manufactured. An iPhone, for example, contains about 0.034g of gold. When you consider that in the UK alone the average consumer discards up to 25kg of electronic waste annually, it’s clear to see how quickly this waste can accumulate.

Other treasures exist…

Gold is not the only valuable substance found within phones. Collectively it is theoretically possible to recover 34kg of gold from a million mobiles, along with a hefty 350kg of silver and a full 16 tonnes of copper. Since there is a limited amount of gold in the world, such a resource shouldn’t be ignored.

The e-waste issue

The problem with all that gold being locked up in old phones starts when you look at upgrade trends and recycling rates.

Most people replace their phone once every two years, although this varies in different parts of the world. This is good for manufacturers in terms of sales, but bad for the environment because the illegal dumping of e-waste is rife, with levels as high as 90 per cent by some estimates.

This equates to up to 300 tonnes of gold being lost annually, which is something that needs to be addressed through education of consumers.
Insider's Guide to gold and silver

The gold recovery conundrum

The next issue that has to be overcome is that once old phones have been collected, it’s necessary to go about extracting their precious metals as efficiently and affordably as possible.

Older strategies have been criticised for their use of toxic substances, including cyanide, creating additional complications in terms of the environmental impact.

But methods are changing for the better….

The good news is that techniques are improving, new chemical processes are being developed and recovery efforts are being streamlined and rolled out in many countries. Research carried out at Edinburgh University has been important in this respect and might even impact the price of gold in the future.

Some countries are taking a more proactive approach to this than others. In Japan, the medals for the 2020 Olympic Games will be made from gold recovered from old phones. This raises awareness about the issue in a way that makes it easy for the public to connect with. Furthermore as gold is a more stable investment prospect than newer alternatives, there are yet more motivations to boost recovery efforts.

Get in touch with our experts for incisive advice on gold

Looking to learn more about gold and its uses? You can talk to the specialists at Physical Gold to get the lowdown on how this precious metal remains hugely influential around the world. Speak to us by calling 020 7060 9992 or contacting us online for more information.

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