Three Kilo+ Milestone Reached

[Connor]

On 14/11/2020 at 14:15, richatthecroft said:

Great strategy, and decisively executed 😃 
I’m sure the premiums on the last couple of releases will have made you wince somewhat, but these premiums will be insignificant longer term 👍 

What was the strategy may I ask?

On 14/11/2020 at 14:15, richatthecroft said:

Great strategy, and decisively executed 😃 
I’m sure the premiums on the last couple of releases will have made you wince somewhat, but these premiums will be insignificant longer term 👍 

What was the strategy may I ask?

On 14/11/2020 at 14:15, richatthecroft said:

Great strategy, and decisively executed 😃 
I’m sure the premiums on the last couple of releases will have made you wince somewhat, but these premiums will be insignificant longer term 👍 

What was the strategy may I ask?

On 14/11/2020 at 14:15, richatthecroft said:

Great strategy, and decisively executed 😃 
I’m sure the premiums on the last couple of releases will have made you wince somewhat, but these premiums will be insignificant longer term 👍 

What was the strategy may I ask?

[Connor]

I'm not sure why it's done that my apologies

[richatthecroft]

9 hours ago, Connor said:

What was the strategy may I ask?

I'm not definitively sure what @Abyss strategy was definitively, you are best placed to ask him- but it is apparent that he stuck to his target of buying CGT free Gold and took the decision to accumulate 10x 1oz of each of the QB coins as they were gathering momentum in terms of premium as the series went on.  

[Abyss]

10 hours ago, Connor said:

What was the strategy may I ask?

In late 2018 we had six months falling Gold prices but it failed to take out the 2016 lows and Gold was not on main stream media radar. At the time many YouTube gurus were saying Gold was heading towards $1000 but Gold price failed on a monthly chart to penetrate below $1200 and at this time I got the Gold/Silver bug but I was still fearful of continued falling PM prices so I decided to invest heavily into a series that hopefully if the PM price continued to fall would be offset by premium appreciation and the best series around was the Queens Beast coins all capital gains tax exempt. At the time I did not envision Gold price breaking above $1400 level that had stood as resistance for four years and my strategy was to buy 10 of each coin in the series to complete a stack of 100 oz in Gold. When Gold price broke above $1400 I failed to continue to accumulate (PMs emotional metals) and towards the end of the series my wife and I decided we would still continue to complete the stack but had to pay some additional premium and increase in spot price offset by unfortunately having to sell off my Silver stack.

[Stuntman]

I will add to the superlatives - what a fantastic and beautiful stack.  It must feel very special to lay out 105 1-ounce gold coins and admire them in all their splendour and loveliness.

Well done 🙂

[Abyss]

2 hours ago, Stuntman said:

I will add to the superlatives - what a fantastic and beautiful stack.  It must feel very special to lay out 105 1-ounce gold coins and admire them in all their splendour and loveliness.

Well done 🙂

I don't get to visit my safety deposit box that often and when I do go it is a very special treat especially when taking photos to look back on. The beauty of the stack is not at hand and it is out of sight and out of mind therefore never taken into consideration when looking at finances. When I visited the secure storage facility I could hear a customer in the next room and he was obviously counting cash he had removed from his safety deposit box. I was thinking at the time I am so glad I had saved and stacked Gold rather than polymer banknotes...........

Edited November 22, 2020 by Abyss

[h103efa]

4 hours ago, Abyss said:

 my wife and I decided we would still continue to complete the stack

Me thinks the wife made the decision!!! Listen the the boss!

[Heirlooms]

4 hours ago, Abyss said:

had to pay some additional premium and increase in spot price offset by unfortunately having to sell off my Silver stack.

Would you have preferred to keep your Silver stack then?

[DarkChameleon]

On 14/11/2020 at 12:01, BazzaC said:

Amazing achievement 👏 

Enjoyed watching your progression, and journey the short time I've been here.

Any pointers, or advice you could offer a guy trying to get 100 sovs as a dream.... and keep the wife while at it 🤣

I found that starting before you met her is good, I started almost 20 years before I met mine.

[DarkChameleon]

3 hours ago, Stuntman said:

I will add to the superlatives - what a fantastic and beautiful stack.  It must feel very special to lay out 105 1-ounce gold coins and admire them in all their splendour and loveliness.

Well done 🙂

I find i keep comparing to larger stacks even if just in movies I watched as a kid like treasure island or the goonies or count of monte christo.

Edited November 22, 2020 by DarkChameleon

[Abyss]

4 hours ago, Heirlooms said:

Would you have preferred to keep your Silver stack then?

If Silver had stayed below $17 oz and Gold below $1400 oz and £/$ above 1.40 with no global pandemic with an increase risk in losing our jobs (already have few tenants struggling keep up with rent) then I would have completed both my Silver and Gold stacks I have no doubt. Don't get me wrong I loved my Silver stack and photos of the stack posted here it was always my intention to complete both. Weaker £ vs $ a higher PM price / premium and loss some rental income with job uncertainty mixed in I wanted to complete at least one of the stacks. Due to the portability of Gold vs Silver and I believe premiums with Gold QB coins will continue to rise over next X years we ( @h103efa it was an amicable discussion between me and my wife ) decided sell the majority of the Silver and complete Gold stack. Was that the best decision I don't know only time will tell.........

 

[Darr3nG]

4 hours ago, Abyss said:

out of sight and out of mind therefore never taken into consideration when looking at finances

^This. Glad to know I'm not the only one. While I know what my physical investment is, I don't factor it in when considering my current finances.

[Robda1986]

Strooth 😲

[GoodAsGold]

On 15/11/2020 at 23:52, MancunianStacker said:

I too have a crossbow, cricket bat, baseball bat and collection of throwing knifes 👌 

Doesn’t everyone in Manchester?

[GoodAsGold]

A magnificent achievement. Well done sir.

Equally matched by getting in and out of the security doors at your safe box facility, locating and opening up your box and finding somewhere suitable to take your photos - ALL WITHIN 15 minutes.  Mission impossible!

[RacerCool]

Meh. Get back to us when you actually get serious about stacking gold. 

 

By the way, good job. My goals are more modest but hey we have to have goals.

[DarkChameleon]

4 hours ago, RacerCool said:

Meh. Get back to us when you actually get serious about stacking gold. 

 

By the way, good job. My goals are more modest but hey we have to have goals.

I think each of these ingots are around 400ozs.

[RacerCool]

23 minutes ago, DarkChameleon said:

I think each of these ingots are around 400ozs.

Exactly.  That's real stacking right there!

[Jimmy2trees]

Great stack and a great achievement. 

Personally though, I wouldn't be able to sleep knowing that it wasn't in my possession.

[DarkChameleon]

6 hours ago, Jimmy2trees said:

Great stack and a great achievement. 

Personally though, I wouldn't be able to sleep knowing that it wasn't in my possession.

I'm not able to sleep knowing its not in MY POSSESSION....lol

[stefffana]

On 14/11/2020 at 14:05, Abyss said:

2 years, 4 months, 6 days as a Forum member and investing in PM's I have hit three kilos of Gold milestone now breached 👍

With thanks to the wider Forum 🙂 and The European Mint where I have purchased a large majority of my Queens Beast coins.

I have had to sell large proportion of my Silver and part of my Gold stack to finish off remaining 1oz Gold Queens Beast coins and a special thanks to everyone traded with me/provided help and advice:

@richatthecroft @Gordon @Kritika @Josh @silversky@Bizzle@AlphaBeast@SilverStan@MrScottsdale@kneehow2018@arshimo2012@Jamesd@Rugbyplayer@UKStacker@StackSellRepeat@Darr3nG @Downs523@Gildeon@woody65@Roy@louisfinlay@swanky@Neelam@Elements@db570uk@pyperb@GSTrading@RYAN05@Sharaf@Mox@GavinDevon@Airgead@BackyardBullion@Gabriel13@Jonno@jacksj1@Sparrowlegs4@Munzy247@brya0123@Disentme@newbysilver@Bambi7684@dicker@Airhead@juansanto7@adamthetaller@SilverDrum@Shazzam9@Jayjay@marco88@ram64@MuddyOfCoventry@Piggybank@GoldenEagle@Peet@SJones@Silverman2U@Poppy@DynamitesUK

All coins safely stored in non-banking private safety deposit box. Apologies lighting the photos were taken in the secure storage facility and I had 15 minutes access my safety deposit box due to covid restrictions.

5 oz Gold in Special Year Designs in bullion Britannia's

 

Drum roll please for the main attraction.......

100 oz Gold Queens Beast bullion coins

Do you have an update, please?

What milestone do you have now?🤗

[HerefordBullyun]

22 minutes ago, stefffana said:

Do you have an update, please?

What milestone do you have now?🤗

Hes got the same amount as @James32's loose change......

[Tn21]

I've not seen the guy on the forum for a while now, few other folks too 

[Abyss]

On 20/07/2023 at 20:21, Tn21 said:

I've not seen the guy on the forum for a while now, few other folks too 

And out of nowhere boom he appears . As for my stack it is the same amount as I last posted back in June 2022

110 oz from the original series of the Gold Queens Beast collection, 10 oz Gold normal Britannia 8 oz special year Britannia years total 128 oz Gold (3.5 kilos) sold 2 oz Krugerrands while in India to pay for some bangles that I have made for my mums 70th birthday. I have not seen my stack for well over a year been sitting idle in Saint James safe deposit box with other family gold (from my wife/mums weddings). You may ask why I have not added to my stack for well over a year, happy to oblige and answer that question. Last year made redundant (lots of unresolved HR issues) took my employer to an employment tribunal and decided I have had enough of being an employee and transitioning to becoming a full time trader. When I was made redundant was lucky to be in a good financial position debt/mortgage free and had some rental income to cover all expenses for myself and family. So grateful for the stack of gold that I accumulated starting in 2016 as it always acted like a safety net in the back of mind while I pursed an alternative career path. Recently spoken with and hired an account in the process registering a business that allows me to pay corporation tax instead of income tax and numerous tax benefits owning a business.

My son applied amazing grammar school in Manchester and if he gets in then looking to start slowly adding to the stack in 2024 or alternatively if he does not get in then looking to migrate as a family to the USA and instead stacking Brittannia's will be staking 1 oz gold Buffalos..... Regardless where we go the original gold stack will always serve its purpose as the family's safety net in case anything unexpected happened in the future.

[stefffana]

18 minutes ago, Abyss said:

And out of nowhere boom he appears . As for my stack it is the same amount as I last posted back in June 2022

110 oz from the original series of the Gold Queens Beast collection, 10 oz Gold normal Britannia 8 oz special year Britannia years total 128 oz Gold (3.5 kilos) sold 2 oz Krugerrands while in India to pay for some bangles that I have made for my mums 70th birthday. I have not seen my stack for well over a year been sitting idle in Saint James safe deposit box with other family gold (from my wife/mums weddings). You may ask why I have not added to my stack for well over a year, happy to oblige and answer that question. Last year made redundant (lots of unresolved HR issues) took my employer to an employment tribunal and decided I have had enough of being an employee and transitioning to becoming a full time trader. When I was made redundant was lucky to be in a good financial position debt/mortgage free and had some rental income to cover all expenses for myself and family. So grateful for the stack of gold that I accumulated starting in 2016 as it always acted like a safety net in the back of mind while I pursed an alternative career path. Recently spoken with and hired an account in the process registering a business that allows me to pay corporation tax instead of income tax and numerous tax benefits owning a business.

My son applied amazing grammar school in Manchester and if he gets in then looking to start slowly adding to the stack in 2024 or alternatively if he does not get in then looking to migrate as a family to the USA and instead stacking Brittannia's will be staking 1 oz gold Buffalos..... Regardless where we go the original gold stack will always serve its purpose as the family's safety net in case anything unexpected happened in the future.

Very nice, thanks for taking the time to talk with us!

Best wishes to you, your family and your new business!🤗