Roy

I just thought its worth being clear. Me being impressed with @Roy ability to stack many bars up there was in no way related to being a shirt lifter. It was just generally being impressed. Sometimes things are just impressive.
That said. I don't have an issue with Roys or anyone's sexual preferences. Provided he keeps it away from me 😉

I had a bit of a shock/surprise on Saturday as I had two letters from my endowment provider who firstly said that I've an amber alert with a significant risk of a shortfall. The other letter was to show me the amount that I would get if I cashed out the week before. Well this amount would clear my mortgage 3 years early!
I rang the provider who confirmed the amount and they will send me forms to fill out. Then I rang the mortgage provider who said there are no early payment penalties and will send me a statement to show the final amount I owe. I've only ever had an interest only mortgage that only just over two years ago, done a part repayment towards it. Now I've been buying precious metals and putting money into premium bonds in case of a massive shortfall but now I don't have to touch them.
I'll be relieved when the paperwork is finally done and no more payments to make. There was no point in carrying on until the end to get maximum out of the policy as what I pay in interest is what I would have paid anyway. The savings I would make could then go onto topping up my pension payments at work.
One large weight off my shoulders.

When I first discovered that it was possible to conceal gold bars in your anus, well it was the best thing I'd ever come across.
It was like a revelation...I couldn't quite put my finger on it, but I wanted to.

When I first discovered that it was possible to conceal gold bars in your anus, well it was the best thing I'd ever come across.
It was like a revelation...I couldn't quite put my finger on it, but I wanted to.

When I first discovered that it was possible to conceal gold bars in your anus, well it was the best thing I'd ever come across.
It was like a revelation...I couldn't quite put my finger on it, but I wanted to.

You will see how helpful fellow forum members are in trying to both share their own direct experience and offer some advice.
The problem ( not a bad one to have ! ) is that you have 3 x 500g bars worth about £22k each.
It is a store of wealth for sure and easily kept in a (Metro perhaps ? ) safe-deposit box.
I would guess it will be impossible to sell privately and and who is going to trust whom ?
Your only option would be to sell to a bullion dealer and they might need some time to verify the bar and that it isn't just a gold plated bar of tungsten.
Initially I was going to suggest you wait until gold increases in price so that you could sell at breakeven but if you are intent on holding gold for the longer term then the price really doesn't matter. You are selling and buying the same weight so whatever the price on the day is wholly irrelevant.
The problem you may come across is twofold - supply and premium.
Buying sovereigns is a good strategy but only if you can buy at a fair premium and not overpay if supplies are limited.
If you can exchange into gold coins and sovereigns aren't available in sufficient quantity or reasonable price then buy any gold coins that are only a few percent over spot but are preferably 24 carat like Maples, newer Britannias, Krugerrand etc. You are not a coin collector so it doesn't matter and you can always sell back and buy sovereigns at a later date.
Failing that you could buy best value gold bars 50g or thereabouts. It is all about staying in the game and not the variations in price.
Timing the market is a mugs game in your situation.
Buyers of gold will wait hoping for a decent dip whilst sellers of gold are praying for rises.
You shouldn't really care as you are remaining invested in gold.
Waiting on gold to rise to sell only means you are going to pay more for your coins and smaller bars.
If you sell and wait, the price of gold can continue to rise so you will have missed the growth potential.
It is impossible to predict peaks and dips but very rarely someone might strike lucky.
If gold falls then many people will not sell so the availability of coins etc diminishes.
If gold rises then some will sell to take profit but your buy price rises and if there is more demand then the dealers increase their premiums.
In conclusion if I was in your shoes what would I do ?
I would consider selling 1 bar to swap into smaller bars and coins, sovereigns - if there are sufficient.
Give a call to HGM, Atkinsons, BullionbyPost, Chards and ask if they could supply 500g of fine gold in coins and small bars and see if they could trade on a 3% or less premium over spot. If one of them has sufficient inventory then ask if they would buy your 500g bar for as near to spot as possible - maybe 98% ?? If yes then it might be possible to strike a deal and fix everything whilst physical exchanges takes a day or so but the deal is locked solid. It doesn't matter if gold tanks or rises to the moon the following day because you remain with 500g of gold. If the dealer can supply 1kg or 1.5kg at the time then go "all in" and get rid of your bars. At the end of the day you will see that there have been losses in paying a premium to the RM day 1 then a second premium buying coins etc and a small premium selling your bars. Added up this might amount to 10% but in a year gold could swing 30% so if you aren't willing to absorb the losses, hold your bars in your vault until hopefully you can sell at a profit but if you buy back into gold then you will still have incurred the same percentage losses. 
Please note this is nothing more than friendly banter, or simply "food for thought", as to what I would do, but please don't take this as financial advice as I am not qualified to make recommendations of any sorts.
 
 
 

When I first discovered that it was possible to conceal gold bars in your anus, well it was the best thing I'd ever come across.
It was like a revelation...I couldn't quite put my finger on it, but I wanted to.

i suspect he won't be back - you scared him off Roy. He didn't expect Roy and an army of shirt lifters. 

When I first discovered that it was possible to conceal gold bars in your anus, well it was the best thing I'd ever come across.
It was like a revelation...I couldn't quite put my finger on it, but I wanted to.

Ah I see, feedback of 3.
One of those 'Modern Coin' collectors.

profits that you did not earn is wealth taken from someone else.
people trade silver. they invest in things that they can make progress on and grow.
 
HH

Give me strength...
If you give poor people money, they will always be poor. If you give unemployed people money, they will always be unemployed.
The only people who will do well out of this are McDonalds, Imperial Tobacco, Golden Wonder and Coca Cola.
 
 

They could read a book?
Or they could learn to read and then read a book?
Learn a skill perhaps? 
Giving money to the poor is like the old proverb, 'Give a man a fish, you feed him for a day.....'

He seems a keeper if your that way inclined. 😂

I am rather impressed you can get a couple of 10oz bars up your arsenal.
 

Prison. 😂

Please don't apologise for having an opinion, and I also wouldn't worry about any kind of consensus. One of the things I like about TSF is the broad range of subjects that are discussed, and the discourse therein. It is good to have personal ideals and viewpoints challenged, it's the way forward for personal growth. I have enjoyed reading your posts here and elsewhere, regardless of whether you are for or against my own personal opinion. Stick around bud.

Are you asking for advice on how to smuggle?
I usually pop a bar or two up the ol' jacksy but 300oz might be pushing it a bit? 
Where are you planning to go? 

Give me strength...
If you give poor people money, they will always be poor. If you give unemployed people money, they will always be unemployed.
The only people who will do well out of this are McDonalds, Imperial Tobacco, Golden Wonder and Coca Cola.
 
 

Buying sovereigns regularly is a foolproof plan. Buying monthly perhaps not so because of postage, maybe 3 sovs a quarter?
Buying sovereigns to gift to your kids is not a good idea but I've already been put in my place for that opinion.

Buying sovereigns regularly is a foolproof plan. Buying monthly perhaps not so because of postage, maybe 3 sovs a quarter?
Buying sovereigns to gift to your kids is not a good idea but I've already been put in my place for that opinion.

First rule of gold stacking: Never buy gold unless you have an emergency fund of at least 3-6 months expenses. Otherwise, I guarantee the time to 'forcibly sell' your gold will be the worst time possible. It's weird like that.
Second rule of gold stacking: Never buy gold unless you have worked out an exit strategy. Who, where, how. 
Lucky for you, you're here already. Put them up for sale here and you'll be alright (but learn the first two rules of stacking 😉).

I think you've eaten the onion there, those are culture war bullshit misinformation churnalism clickbait fakes. It's silly season. Did you ever notice how whenever the US has an election everyone loses their minds? Look at the dates on those two items and the fact they are from social media. It's these wedge issue misinformation churnalist articles spinning people into a frenzy whenever silly season comes. Everyone should get off social media, off culture war topics, and back to reality, and stack silver.

GOD, GUNS, GOLD !!! In that order GGG

Even though you're being sarcastic and trying to make fun of people different than yourself for peer group acceptance, I will be serious and honest with you.

No you are destined to be taxed to hell in the UK sadly, and religion (worldly and of man) is so corrupted as it's been controlled by those who collect tax.

I love God but hate religion as it's so corrupted so your baiting is redundant, if you care you might see the distinction between the two, or just keep being willfully ignorant, untill one day you are on your knees begging for God's help. Remember then how foolish you were to be proud in blasphemy.

Your Gold wont save you or sustain you, nothing of this world will be acceptable but your faith, honor and righteousness.

The number matters not, God doesn't need big numbers.
I pray all with eyes and ears to hear do so before it's too late for them, Thy Will Be Done in any case. May God bring us all out of this Babylon Hell !

Phone call this morning, steel up another £130/t putting another £3k on the shed, this is getting out of hand now.    Building Prices are rocketing and concrete getting hard to come by.      Can’t see that this can continue unless it’s government infrastructure spending.    The boom is getting bigger and when the bong comes that will make it even greater