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RoughDog

Silver Premium Member
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    United Kingdom

Reputation Activity

  1. Haha
    RoughDog reacted to Agpanda in Gold sold - my lessons learned   
    I have just over 200Oz, almost all of them are pandas
    I know that I can sell most of them with a nice profit
    The ones I have graded myself, of bought early is double the money atm.
    But i am not interessed of selling, It is my collection
    If I did´nt collected pandas, it had to be something else as it is in my blood
  2. Thanks
    RoughDog reacted to mr-dead in Gold sold - my lessons learned   
    So now I have sold my entire gold stack I thought I would post some of my lessons learned for anyone that may be interested.
    Total amount of gold sold - just under 55oz
    A total mishmash of coins, bars, bullion and semi numi stuff.
     
    My lessons learned
    1) Fractionals at 1/4oz or under are defo easier to sell than larger items.  Older Pandas were the most popular followed by the lunar series and retain the greatest premium.
    2) Bars do not sell as well as coins (no problem at the dealer but you will get a lower payment compared to selling privately)
    3) It takes a lot of time and hassle to piece out your stack if you want to maximise profit, the more diverse the stack the longer it will take.
    4) Having physical gold makes it harder to react to spot price, when you decide to sell you will be praying spot price doesnt take a big hit on the way to the dealer.
    5) Atkinsons pricing is based on either an AM or PM price fix (I got todays 3 PM price fix at just over £1000oz)
    6) Make sure you keep a good spreadsheet of your stack - makes life a lot easier at selling time.
    7) I know this is  "thesilverforum" but I am so glad I put my money in to gold over silver.  I cant imagine how long it would have taken to sell the equivalent value in silver compared to my gold stack as it would have had to be private sales to make up for any VAT and increased premiums on silver coins/bars.

    My stacking strategy moving forward:
    I plan to continue buying gold on the next dip but my approach will change significantly.
    1) I will split funds between a physical stack and a bullionvault account
    2) Physical stack will consist of 100% sovereigns, used as a long term retirement investment.  
    3) I will not stray into the semi numi coins for simplicity and easier selling when the time comes.
     
    4) Bullionvault account will be used for real time buying/selling in relation to spot price movements and will also enable me to play the GSR ratio when possible.

    Summary.
    It was a very strange feeling walking into atkinsons this morning with a box holding a few years of hard work and dedication.  
    The big plus side is that gold stacking has enabled me to save far more money than I ever would have managed if I was just banking fiat.  I will get a real sense of satisfaction when I settle my mortgage 11 years early saving a lot on interest payments and ensuring a safe and secure future for my family.
    OTHERS OPINIONS MAY VARY
     
     
     
     
  3. Thanks
    RoughDog got a reaction from Serendipity in Newbie question (Proof)   
    IMHO, Proof coins are essentially collector coins.  They are NOT based solely on the precious metal content although they do have that to fall back on. 
    They are based on that ever changing mysterious unknown entity called desirability.  If you want to resell them that means other peoples desirability and not your own.  It generally means that if people tell you it looks great you tends to feel good and when people tells you it looks bad or you wasted your money you tend to feel like cr&p.
    You better make sure they don't get scratched, dented, touched, breathed on, develop jizz spots 🤣, get a case of the copper red eye (copper red spots that only exists on copper that comes in contact with gold, the copper they use for computer heatsinks never gets the copper red eye).
     
  4. Haha
    RoughDog got a reaction from MickB in Buy back prices, I wish.!   
    How much gold? 😁
  5. Haha
    RoughDog got a reaction from MickB in Buy back prices, I wish.!   
    How much?
  6. Like
    RoughDog got a reaction from Derv in 1 oz Silver Forum Bars (2019)   
    I have paid for 2 x 1 oz silver bars for 2019.
    I would like to donate them to the silver forum as a competition give away or charity please.
     
  7. Like
    RoughDog got a reaction from Abyss in 1 oz Silver Forum Bars (2019)   
    I have paid for 2 x 1 oz silver bars for 2019.
    I would like to donate them to the silver forum as a competition give away or charity please.
     
  8. Haha
    RoughDog got a reaction from Wackattak924 in Brexit status ...   
    What is especially bad is giving people human rights.  Especially prisoners.  They are supposed to be tortured like animals at a circus and never released in the public again no matter how small the crime. 😏
    Speeding 32mph in a 30mph zone.  20 years hard labour and loose everything you own.
    It sure is great having no rights Britstain.
     
  9. Like
    RoughDog got a reaction from PansPurse in Brexit status ...   
    What is especially bad is giving people human rights.  Especially prisoners.  They are supposed to be tortured like animals at a circus and never released in the public again no matter how small the crime. 😏
    Speeding 32mph in a 30mph zone.  20 years hard labour and loose everything you own.
    It sure is great having no rights Britstain.
     
  10. Haha
    RoughDog got a reaction from KDave in Brexit status ...   
    What is especially bad is giving people human rights.  Especially prisoners.  They are supposed to be tortured like animals at a circus and never released in the public again no matter how small the crime. 😏
    Speeding 32mph in a 30mph zone.  20 years hard labour and loose everything you own.
    It sure is great having no rights Britstain.
     
  11. Like
    RoughDog got a reaction from OllieClem in 1 oz Silver Forum Bars (2019)   
    I have paid for 2 x 1 oz silver bars for 2019.
    I would like to donate them to the silver forum as a competition give away or charity please.
     
  12. Like
    RoughDog got a reaction from Rat in 1 oz Silver Forum Bars (2019)   
    I have paid for 2 x 1 oz silver bars for 2019.
    I would like to donate them to the silver forum as a competition give away or charity please.
     
  13. Like
    RoughDog got a reaction from AlphaBeast in Perth Mint Lunar 2 Monkey Fake?   
    I have my camera on charge now.  Try and post pics later, maybe tomorrow.  I would like to record the audio ping test so you can hear it for yourselves.  The maple has a ringing sound that sounds like "ting".  The lunar is high pitched clang.
    I have mental health issues and took the hammer to the maple months ago (maybe 6 months) when I had a really awful day.
    Strangely since then the maple is like a lucky coin to me, one of my favourite coins, one that I would never sell.
     
  14. Like
    RoughDog got a reaction from Wackattak924 in Perth Mint Lunar 2 Monkey Fake?   
    I have my camera on charge now.  Try and post pics later, maybe tomorrow.  I would like to record the audio ping test so you can hear it for yourselves.  The maple has a ringing sound that sounds like "ting".  The lunar is high pitched clang.
    I have mental health issues and took the hammer to the maple months ago (maybe 6 months) when I had a really awful day.
    Strangely since then the maple is like a lucky coin to me, one of my favourite coins, one that I would never sell.
     
  15. Thanks
    RoughDog got a reaction from Seasider in Who are the current best dealers for sovereigns?   
    I think it means you get whatever they have in stock at the time which could be a mixture of different dates.  I would assume that if they have a rarer variety that demands a higher price that would probably be sold separately.  So maybe it means those of similar value which could be of different dates.
  16. Like
    RoughDog got a reaction from sgcoins in 1 oz Silver Forum Bars (2019)   
    I have paid for 2 x 1 oz silver bars for 2019.
    I would like to donate them to the silver forum as a competition give away or charity please.
     
  17. Like
    RoughDog got a reaction from CadmiumGreen in 1 oz Silver Forum Bars (2019)   
    I have paid for 2 x 1 oz silver bars for 2019.
    I would like to donate them to the silver forum as a competition give away or charity please.
     
  18. Super Like
    RoughDog got a reaction from ChrisSIlver in 1 oz Silver Forum Bars (2019)   
    I have paid for 2 x 1 oz silver bars for 2019.
    I would like to donate them to the silver forum as a competition give away or charity please.
     
  19. Like
    RoughDog got a reaction from Butler106 in 1 oz Silver Forum Bars (2019)   
    I have paid for 2 x 1 oz silver bars for 2019.
    I would like to donate them to the silver forum as a competition give away or charity please.
     
  20. Like
    RoughDog got a reaction from Rugbyplayer in 1 oz Silver Forum Bars (2019)   
    I have paid for 2 x 1 oz silver bars for 2019.
    I would like to donate them to the silver forum as a competition give away or charity please.
     
  21. Super Like
    RoughDog got a reaction from MrScottsdale in 1 oz Silver Forum Bars (2019)   
    I have paid for 2 x 1 oz silver bars for 2019.
    I would like to donate them to the silver forum as a competition give away or charity please.
     
  22. Like
    RoughDog got a reaction from Downs523 in 1 oz Silver Forum Bars (2019)   
    I have paid for 2 x 1 oz silver bars for 2019.
    I would like to donate them to the silver forum as a competition give away or charity please.
     
  23. Like
    RoughDog got a reaction from MickD in 1 oz Silver Forum Bars (2019)   
    I have paid for 2 x 1 oz silver bars for 2019.
    I would like to donate them to the silver forum as a competition give away or charity please.
     
  24. Super Like
    RoughDog got a reaction from BackyardBullion in 1 oz Silver Forum Bars (2019)   
    I have paid for 2 x 1 oz silver bars for 2019.
    I would like to donate them to the silver forum as a competition give away or charity please.
     
  25. Like
    RoughDog got a reaction from ram64 in Valuation help required   
    Pictures showing condition of coins helps a lot when selling or valuating.