BackyardBullion

My goal is 10 of these bad boys, this is number 6 🙂

This is Why Everybody Should Own a KILO of GOLD!!!!

Getting this post back on brand and true to it's purpose... Cannot say no to 1.25% over spot price for a whopping big gold coin. https://www.chards.co.uk/mexico-gold-50-pesos-coin-grade-C/14502 Pulled the trigger, let's see what a C grade bullion coin looks like!

Welcome to the forum!

Maybe.... Today at 5pm you might find out!

If you want to pay good money to see me fondle Lawrence's golden goodies then by all means

I always refer people this video when I get asked if products like these are good purchases.... This video specifically references The London Mint Office which operates a basically identical business model.

I definitely feel it's the inflation fear and for me that has certainly been the driving force over my accumulation of gold 😉

Sounds good, if we have enough notice before a trip we might be able to time it well. Or, we just drop everything and shoot up if you get a golden pair in!

It's a deal, I will happily fondle your golden pair and to hell with YouTube monetization Let's get the ball rolling - get one of your team to drop me an email and we can make it happen.

Ooh, I might have to take you up on that offer this summer 😜 If you can put aside a pair more the merrier!

I think it is interesting for other people to consider the trials and tribulations that some people go through with big bars of gold like this. I would be careful about sharing names, company details etc. Probably best to anonymise as much as possible and just share different quotes for what they are.

HA - finders keepers, it was just there on my table when I set up to film this morning!

I would say, for this situation you should be looking at cashing out the big bars and taking coins at the lowest premium you can. @LawrenceChard Said he might be able to even offer spot price for the bars. If you then go to any major dealer, including Chards they will likely be able to put together a good deal on older/pre-owned gold or at least lower premium gold at I would expect the 3% range over spot price. This is an acceptable margin if it were me, to change up and have the more liquid gold. Most of the coins you would get can hold a few % over spot price if sold on the second hand market privately too, much easier and much better than a 500g lump. In theory, this whole process should cost you no more than 3% of the value you get for your gold, that means you would effectively be out of pocket the sum of about 45 to 50 grams of gold, so about £2000 as a guide. The other option is to hold onto the gold for a long time and then when the time comes sell it to a dealer. Personally I would prefer the liquidity of coins. In fact, I have a video coming out tomorrow talking about owning a Kilo of Gold - I would take this spread over a big bar any day (although I would kill to at least see/hold and play with a kilo bar of gold on YouTube!) This is what a KILO of gold looks like, in coin (and 1 bar) form.... For those that will do the maths this is actually a little over 1 kilo 22x 1 ozt 11x 1/4 ozt 5x 1.206 ozt 1x 1.175 ozt 1x 0.235 ozt Total ozt: 32.19 ozt or 1001.26 grams of gold content

I don't know if they are connected, all I can say is I sold some gold and silver scrap to them and they paid me spot price for them both.

Google The Gold Exchange Birmingham, I have used them and they paid me spot price for my gold. At least then you get more cash to make a retail purchase from whoever you wanted to go with.

I would say you can get better prices for the gold from some scrap dealers than that offer!

2nd wave of packages has been posted today! We have got over 100 people on the waiting list right now and as things stand that will guarantee anyone on the list a bar. If you would like to put your name down please do so now, it's looking like come first week of June that all these bars will be sold and secured

Anyone get in and get some?

Next in the music legends series, The Who, out at 9am today In case anyone was interested 🙂

This is Why I am DONE With Silver and Will NOT be stacking more of it in 2021 - I AM SERIOUS!!

Welcome to the forum!

Welcome to the forum and its always good to start stacking silver from a young age!

We cannot guarantee any particular numbers, sorry

No shortage of silver here - Europa Bullion makes 600 KILOS Goddess Europa Kilo Silver Coin Bars!