dicker

Slightly off topic, but my friend who has the Middle Eastern coin collection fled Kuwait when Iraq invaded. His house in Kuwait was overrun and occupied and I think they tried to use it as a defensive position.  
When he returned post liberation, he fully expected to find his coin collection gone. The soldiers looted things like TVs, Satellite dishes etc and left the house in a dreadful mess, but missed the coins which were in a box in the basement

Slightly off topic, but my friend who has the Middle Eastern coin collection fled Kuwait when Iraq invaded. His house in Kuwait was overrun and occupied and I think they tried to use it as a defensive position.  
When he returned post liberation, he fully expected to find his coin collection gone. The soldiers looted things like TVs, Satellite dishes etc and left the house in a dreadful mess, but missed the coins which were in a box in the basement

Slightly off topic, but my friend who has the Middle Eastern coin collection fled Kuwait when Iraq invaded. His house in Kuwait was overrun and occupied and I think they tried to use it as a defensive position.  
When he returned post liberation, he fully expected to find his coin collection gone. The soldiers looted things like TVs, Satellite dishes etc and left the house in a dreadful mess, but missed the coins which were in a box in the basement

Slightly off topic, but my friend who has the Middle Eastern coin collection fled Kuwait when Iraq invaded. His house in Kuwait was overrun and occupied and I think they tried to use it as a defensive position.  
When he returned post liberation, he fully expected to find his coin collection gone. The soldiers looted things like TVs, Satellite dishes etc and left the house in a dreadful mess, but missed the coins which were in a box in the basement

BYB
 
I concur with the above. I have a friend who has a couple of these as part of a collection of Middle Eastern coins. The two he has are very cleanly struck and quite different to the ones pictured 

Slightly off topic, but my friend who has the Middle Eastern coin collection fled Kuwait when Iraq invaded. His house in Kuwait was overrun and occupied and I think they tried to use it as a defensive position.  
When he returned post liberation, he fully expected to find his coin collection gone. The soldiers looted things like TVs, Satellite dishes etc and left the house in a dreadful mess, but missed the coins which were in a box in the basement

Yes I've got most and 100s of others not recorded but my point was really that it's down to whoever recorded it and what they assumed it was
There has been quite a few examples of errors recorded as something that were later proved to be something else, or recorded as something (like this one) just because there was no other fit for it. I would have to record this as A/V for lack of anything else, but if this isn't the same error as someone else recorded then it gets a bit messy!
This coin is nothing like the A/V that's in the Bentley collection for example. 

The problem with some of the recorded coins is there aren't any examples around so this may well be what Marsh recorded as an A/V but it's an awful correction if so! 
 

I find it puzzling that the OP sold their gold so fast as if it was going to disappear or explode, personally I find gold as the best investment IMO, it will always have a value to it.

Currently 60 648 KVT's have been sold. i bought some KVT's when they first went on sale almost a year ago. So Kinesis has raised over $60 million. As far as i know this is the biggest initial offer there has ever been. The topic of KVT sales was touched upon in the last video i posted. Tom Coughlin brought it up. He seemed to suggest 'people' had (negatively) commented on the number of sales and i know this has been covered a few times before. The price of one KVT is high - as initial offerings go, it is very high. This means some people cannot afford to buy one, they are not prepared to take the risk, they are not sufficiently interested.......... Tom said the high price was deliberate b/c they have to do KYC (Know Your Customer). There is a cost in this and if tokens were $5 each and there were lots of applications for the KVT's, then Kinesis could end up processing lots of applications, createing lots of costs and raising less money. So the price was set high.
The issue of larger organisations was also covered. i can see in the responses of those with Kinesis and their body language those in charge are reluctant to sell big tranches of KVT's to a small number of investors. They feel it would put influence in the hands of a small number. For some time they have said they have enough cash to launch and develop Kinesis. Obviously more cash means they can do more but they have enough. So there is no necessity to do heavy advertising and there has not been much. There have been a very few paid video interviews and King World News does a promo. Not much, one might say next to none. It has been word of mouth.
So i am not sure how many they will sell to bigger organisations or what the distribution will be amongst bigger buyers. The message i get is there are willing big buyers but as Kinesis has enough cash and is busy making deals and developing the network, they don't seem to be in any rush. Any unsold KVT's will be held by the company and the income retained by Kinesis. There may well be future sales. i get the impression there will be some says at the end and or after the public sale is closed.
Yes it is complicated. The KVT's are easy. You buy them and then you get 20% of the top line income of Kinesis paid in Kinesis coins at the end of each month. i will be concentrating on this. As the coins appear i will be selling these on the exchange, pulling some cash out so as to get all the initial investment out so it is free money in the end and then using the remaining cash to mint more KC. I will then develop two income streams, one from the KVT's and the other from the coins i have minted.
So it is complicated - it might get even more complicated if other asset classes appear to back coins but that is Kinesis.
There are a lot of acronyms - you get used to these, i don't like them, i think the system is complicated enough without those to deal with. i don't like some of the language. It is an unnecessary language ecosystem 😀and i wonder who wrote it. i wonder if the abbreviations and flowery language haven't put some people off. i expect everything you mention here and the high price of the token has put a lot of people off. If i had been an advisor i would have cut all this sort of language out and perhaps cut the price of a KVT to $100.
To be honest i don't know what is in this category. They talk about strategic partnerships with exchanges and financial institutions. i would need to ask - and they might well not want to say as some of this is not coming out until they need to let out it.
i agree the returns are big. i know several ambassadors have done the number crunching and come up with similar and sometimes even bigger numbers. Now you could rightly say if the returns are not well founded they should not be making these projections - and i agree. i have done more than a double take on these. The way i see it, is several investors i know have crunched and recrunched the numbers and they work - personally i think, what if the return were level after the first year and 1/10th of the projected amount? So $270 a year. How is that? It's a 27% return. So how about level and 1/20th the return projected? 13.5% return and so on. Am i happy - i am happy, i wish it were more but i am happy.
As i see it the numbers have been crunched - the idea is sound - the people involved are sound - it is more than capable of working and even if it performs at a small fraction of the projected amounts i will get more money back and then it is free money.
The ABX has been running a precious metal bullion platform for several years. There are vaults in the various centres around the world. i have bought and sold bullion through the ABX using the Metaldesk platform which forms the basis of the Kinesis trading platform. i have never taken delivery. i have bought bullion in New York, Dubai, Hong Kong and Australia. Kinesis is in effect simply an extension of this.
i would recommend everyone has some bullion in hand. If you stored bullion in the Brinks vault in Hong Kong to keep it secure and outside the UK, i am pretty sure you would be storing it in the same vault Kinesis and the ABX is using in Hong Kong.
i agree there is the axiom that if you don't hold it you don't own it. You have to decide if you want to have (some) of your gold in someone else's vault. Usually you have to pay for this. With Kinesis the gold is 'working' there are no vaulting fees so you can get an income on top.
i have 100g of gold in the ABX system in Dubai at the moment. i have this much as it is the minimum to mint with. So when Kinesis kicks off and minting starts i will be able to get involved straight away. Then i will wait for the KVT income - pull some cash out and mint with the rest. i would hope to withdraw everything i put in and hold that myself as gold in hand and then mint with the KVT + minting income stream.
You have to decide for yourself. If you want to hold all your gold yourself then you can't get seriously involved in Kinesis. You might still use Kinesis as a currency system and not get so committed. It is up to you.
What i know is the gold/silver etc is third party audited. I don't know about a ' Certificate of Currency '.
Yes anyone wanting to receive Kinesis coins will need a Kinesis wallet. The same goes for BTC or LTC. The same goes for bank accounts. They need an account.
The Kinesis coins will appear in THEIR wallets. The employer will send the coins to the wallets. They can then spend, send, save, or sell these coins. What i have seen is it will be the same as online banking. You can use a url or app. You will log in - you see your Kinesis coins, crypto and fiat. You have your Kinesis debit card. You can spend, send, save or sell the KC. So you could spend the KC through your Kinesis card or exchange them in your wallet for AUD.
From the point of view of an employer it is great. If the payroll comes to $20 000 a month, then $20 000 of KC are minted and the employer will get the income stream from that many coins in future. Eventually this will mount up and offset the payroll bill.
If you are an employer and you are considering this you should speak to Kinesis for the details. It might not work for everyone you employ but the more coins you mint the more you can potentially make.
For a large proportion of the world Kinesis is very compelling as it is Sharia compliant. Kinesis has made some big inroads in Indonesia. Kinesis is courting Gulf Royalty. Gold, silver and Sharia compliance are very compelling to quite a few people on the planet. 
Probably most of the people in the US and UK have little idea where Indonesia is or much about it (Australia may be different). It has a huge population and on a completely unconnected video i watched yesterday it said Indonesia was the richest? Muslim country in the world, it has the biggest population. Many are unbanked and many work overseas and send money home. Kinesis and the Indonesian post office are in a deal to enable the transfer of 'money'. Many currently use Western Union. It works out more expensive for them - so a cheaper Sharia compliant money transfer system based on gold and silver through the local post office for unbanked people is pretty compelling.
More and more of the world is moving away from the USD. The majority of humanity sees gold and silver as true value and distrust or potentially hate the dollar system - if they can get into a gold currency they will.
We see currencies devaluing - we saw gold against the AUD at all time highs at the end of 2018 and isn't far off that now. Do you want to hold your value in AUD or in gold which is instantly convertible into AUD? There are plenty of currencies in a bad way - would you hold and take Kinesis or a currency going to zero?
You can have a drawer full of gold coins - great way to save your value but not easy to spend. With Kinesis you can hold more value in gold as you can spend it. So it can be a current and savings account. You cannot do that with any of the systems you mention. We are heading into turbulent times. If you are living hand to mouth perhaps it is not for you. i see people on the forum selling gold coins b/c their boiler blew up or their car is in for repair. They have to sell whole coins. They might not get the best price but they have to get the cash. Now what if their savings were in Kinesis gold coins? Now sweat. Pay the garage on the debit card.
i sell products on the internet. i use Paypal - it is something like 3.4% charges for me. i have to factor this into prices. If there were a cheaper way i would offer this. Under EU legislation you can't offer a lower price for using cash over a credit card - but i expect you could offer a lower price in Kinesis as it is a different currency.
There will be other advantages. You take and use the advantages that apply.
A concerted cyber attack would take Kinesis down? Would it? Would it take Bitcoin down? A run on Northern Rock took that bank down. The banks look rocky, they might bail you in, there are looks of problems with the system as it is. You assume countries aren't getting involved. As i say Gulf Royalties are interested. Indonesia is signing up. Kinesis is signed up with the German stock exchange, the wholesale coins KWG (1kg gold) and KWS (1000oz) will be traded on this stock exchange. Kinesis is signed up with the Indonesian commodity exchange.
Perhaps we should talk about a DOS attack on NatWest or the Commonwealth Bank of Australia - every system can potentially be broken. Kinesis is not friendless and won't take the USD out in an afternoon. So i am not ignoring this issue but i am not losing sleep over it.

It's definitely not a long tail but there is supposed to be a "medium" tail as well as short. I must confess to getting confused with length of horse tails and tend not to hurt my brain studying them too much.
Are you thinking yours is the ultra rare S3866B (MAM129)?

Firstly.   Why are you stacking?    For gold weight or value?    When it comes time to sell are you going to take to bullion dealer or piece up and sell individually?  Do you want 5 of the same design?      On my limited knowledge of 20 francs they shouldn’t be that much above spot

@KevinFlynn Allow me to try and make up your mind as what to collect next....
 

 

 
Am I helping at all 😀😀😀 lol!
 

First post. Just joined the forum. Have been a regular purchaser from multiple UK dealers (some good some bad) of gold, silver and rhodium for many years (and a periodic seller) but somehow didn't find this forum for all this time! Had a brief pause in buying but Brexit has really inspired me to start up my stacking again. I am of the opinion that 2019 will be a great year for gold. My reasoning for this is: Crypto bubble has popped, house prices in UK and US are floundering, people are panicking about holding sterling / euro and stocks are seeing much greater volatility. All are good for gold. I wouldn't be selling now... In fact I'm buying. Anyway, just thought I'd introduce myself.

Very good advice.  I would also add clear your debts first too.  

@pete I think you are bang on.  I honestly think that you have to have the mentality that you don’t have to seek or buy at any specific time to invest properly.
Forget the Hurd and just do the opposite. You can do this quite technically / mechanically or you can take a more informed / gut feel view.

@pete I think you are bang on.  I honestly think that you have to have the mentality that you don’t have to seek or buy at any specific time to invest properly.
Forget the Hurd and just do the opposite. You can do this quite technically / mechanically or you can take a more informed / gut feel view.

There are risks with all investments and plenty of warnings.
When things are running smoothly and your portfolio is rising you can become smug, but without warning, something crashes knocking out all or most of your gains.
You must DIVERSIFY and spread your wealth into several different products.
Never place all your investments into the same basket as at some point you may be hit with a disaster that was not predicted.
There are few experts that get it right all the time so stick to well known products whilst checking fees which can have a big negative affect over time.
If you are a stacker then the general advice is not to have more than 20% of your total assets in PMs.
PMs are in the commodity class meaning high risk.
Everyone knows that high risk also translates to potentially high gains but also potentially high losses.
Another tip is never find yourself HAVING to sell.
PMs will fluctuate and you need to ensure you have cash or other funds in case you have the unexpected need for money.

You need to read some books on investing psychology to understand why you did that, and prevent yourself getting in that situation again, a book costs much less. You react like that to a 5% drop either because you need the money shorter term (you are being dishonest with yourself regarding 'long term investment') or you have invested too much money at once imo.

I sold £7600 worth of my stock investment portfolio last Friday that I bought two weeks ago. I got a loss off £600 and I am pretty annoyd to myself.
The stocks portfolio was supposed to be a long term investment. However I got spooked about the developments in the trade war between China and US. Now that the CFO of Huawei has been arrested the stocks can only go down. I have now decided that I will hide my money under the mattress. I can re enter the stock market but only after I have seen it go down at least 5%

May I politely say I disagree that gold is used for criminal enterprise / money laundering.  
Criminals are desperate to get cash / gold / physical assets transferred into companies, accounts, trades and are even happy to pay tax on their ill gotten gains.  This is why there is massive scrutiny in all banking with respect to any transaction that turns a physical asset into a de-materialised asset.
Criminal enterprise as far as I am professionally aware is very keen NOT to own assets like gold
Best Dicker
 

@dicker totally agree - cash these days for anyone is a nightmare - even when its legit they treat you like pablo escobar!

May I politely say I disagree that gold is used for criminal enterprise / money laundering.  
Criminals are desperate to get cash / gold / physical assets transferred into companies, accounts, trades and are even happy to pay tax on their ill gotten gains.  This is why there is massive scrutiny in all banking with respect to any transaction that turns a physical asset into a de-materialised asset.
Criminal enterprise as far as I am professionally aware is very keen NOT to own assets like gold
Best Dicker
 

For me gold is a hedge not a trading instrument, for that I have brokerage accounts and trade SPY. Gold is a very portable and discrete method of holding value.

Dear Classic Car forum,
20 months ago I bought a nice vintage Jaguar based on the advice I got on this forum.
This morning when I woke up I saw a headline in the paper that said, "Vintage Car Market Down 5% (but Jaguars up strongly)" so what with Brexit and everything, I jumped in my motor and raced to the nearest scrap metal merchant to sell the car.
The proprietor said to me, "Mate, are you sure you want to sell this for scrap? You know I'm only going to take it to a vintage car auction and sell it for a fortune, right?"
To which I replied, "My good man, I have no time for your questions and advice! Brexit, man! Brexit!"
So he gave me 50 quid and I'm glad I got out of this terrible classic car market when I did. I may buy again, but only if the price of all vintage cars falls by 50%.