New to the Game.

[GreatSouthernTime]

Hi guys,

I’m a vintage watch collector from Melbourne, Australia and looking to use some spare cash for buying gold/silver without getting torn a new as*hole in premiums and fees. I’ve been doing my research and toying with the idea for 12-18 months and ready to start buying.
But before I make the plunge it would be great to get some advice so I don’t make any amateur mistakes.

Any advice would be greatly appreciated.


Thanks in advance.

 

[slavaja]

Welcome! Members usually have things for sale in the forum in the buy and sell thread.

 

[Shaddam IV]

Welcome to the forum!

 

[Jonesy67]

Welcome GreatSouthernTime enjoy

 

[StewyD32]

Welcome along.
Any questions, just throw them out there and they will be answered.

 

[Kelsey]

Welcome. Well you'll definitely get your gold at a better rate per Oz in coins and bullion then you will in watches

 

[Oddjob]

G'Day and welcome. Dive on in.

 

[slavaja]

Check out the Silver stacker meeting in Melbourne which is happening on the 24th of March. It's a good place to get to know everyone in person.

 

[Silverman99]

A warm welcome to the forum from across the ditch

Highly recommend it you have the time to attend a stackers meet and chat with like minded

 

[GreatSouthernTime]

Check out the Silver stacker meeting in Melbourne which is happening on the 24th of March. It's a good place to get to know everyone in person.

Thanks for the heads up. Unforintely I’ll be in Sydney.

 

[GreatSouthernTime]

A warm welcome to the forum from across the ditch

Highly recommend it you have the time to attend a stackers meet and chat with like minded

Thanks for the advice. I’ll look into the next one I can attend.

 

[GreatSouthernTime]

Welcome. Well you'll definitely get your gold at a better rate per Oz in coins and bullion then you will in watches

Haha. No doubt, vintage watches are more of a bubble than QE right now.

 

[GreatSouthernTime]

Welcome along.
Any questions, just throw them out there and they will be answered.

Thanks for the welcome. Anything I should be careful of looking at the sales thread on here? Any fraudelent activity occur? I ask because it can happen in Watches and we do our due diligence to avoid.

 

[slavaja]

Here's a good deal

https://www.silverstackers.com/foru...ns-some-additional-unique-silver-coins.91183/

 

[StewyD32]

Thanks for the welcome. Anything I should be careful of looking at the sales thread on here? Any fraudelent activity occur? I ask because it can happen in Watches and we do our due diligence to avoid.

Unfortunately yes there is on occasion. And to be honest it is to be expected with what we are dealing with. Having said that, it is on a rare occasion and these are not regular long standing members members so you can generally get a feeling from new members what they are up to but some people have been caught out.
Each person will have feedback on their profile with all their trades that have done.
Starting off you should look for this and only deal with high feedback rated members. It is a good piece of mind and most people here are very decent people.
Being new you will be asked to pay first which is the norm. Also if you wish to sell items you may be asked to send first before payment. The trust goes both ways. Some people have an issue with this unwritten rule but it is entirely up to you.
I would advise to get in contact with local stackers and arrange a F2F to purchase the items. You can test the items and have a good chat and get to know local stackers and get pointers and build contacts. This is something I wish there was more of in WA.
The search button is your friend with a vast amount of solid info here to dive into

 

[GreatSouthernTime]

Here's a good deal

https://www.silverstackers.com/foru...ns-some-additional-unique-silver-coins.91183/

Thanks. Appreciate you sharing.

 

[GreatSouthernTime]

Great info and insights. Think a F2F would be good for first few transactions.

Appreciate they help.