• The above Banner is a Sponsored Banner.

    Upgrade to Premium Membership to remove this Banner & All Google Ads. For full list of Premium Member benefits Click HERE.

  • Join The Silver Forum

    The Silver Forum is one of the largest and best loved silver and gold precious metals forums in the world. Join today for FREE! Browse the sponsors topics (hidden to guests) for deals and offers, check out the bargains in the members trade section and join in with our community reacting and commenting on topic posts. If you have any questions whatsoever about precious metals collecting and investing please join and start a topic and we will be here to help with our knowledge :) happy stacking. 7000+ members.

Tattoedamat

Investment stacking capital gains free

Recommended Posts

Probably been answered before but what's best value 1oz or 10oz coins for stacking for profit

I'm thinking 1oz britainias but open to suggestions.

Note I'm going to be only stacking silver in order to sell and turn into stacked gold so what would your optimum buy spot price be?

 

Share this post


Link to post
Share on other sites

I'm doing this already 🤫

By profit I'm meaning long-term raise of investment rather than quick buck.

Also I was looking at silver at current ratio to buy now to sell later for gold reinvestment

Edited by Tattoedamat
Additional info

Share this post


Link to post
Share on other sites

Btw I was referring to 1oz or 10oz silver coins earlier.

In a position that probably got enough full sovereigns to warrant going upto 1oz gold britainias to keep the majority of my stack capital gains free

Share this post


Link to post
Share on other sites
41 minutes ago, Tattoedamat said:

Also I was looking at silver at current ratio to buy now to sell later for gold reinvestment

 

it's not as simple as that.

 

if you'd bought silver at the lows in dec 2015

you'd still be worse off now than if you'd bought

gold in dec 2015.

playing the gsr takes decades and is more

complicated than that as it doesn't match up

with pricing highs and lows.

 

you need to decide what is more important,

1. lowest silver price

2. highest gsr.

because so far they haven't occurred at the same time.

 

HH

Share this post


Link to post
Share on other sites

I think that everybody that stack silver doesn't look for a profit in the next years, you could see the profit in decades (or maybe the next years if silver rain again to 32 USD/oz) or even not you, your sons or grand-sons, it is only my point of view about stacking silver.

Share this post


Link to post
Share on other sites
13 hours ago, Tattoedamat said:

Note I'm going to be only stacking silver in order to sell and turn into stacked gold so what would your optimum buy spot price be?

 

You are likely to make a loss in that situation as premium on silver is high straight out of the door in the UK. 
 

take an example of a gold sovereign at £290

Cheapest CGT silver you can buy right now   would be Brits at roughly £15.50 an oz (if you are lucky) 

So you need 18.7 silver Brits per Sov

The premium on the sov is £6.

The premium on equivalent Brits is £1.90 per coin or about £35.50
 

In this instance you need your silver to rise about 4 - 5 times VS Gold to make up the premium. 
 

Now assume you get your selling price with the premium baked in, and both metals move at similar rates. You aren’t better or worse off. 

Only scenario where you are better off is when silver premium moves in double digits percentage while gold only moves in single digits. 
 

When I started off I bought pre47 scrap as close to spot as possible. I would then flip it when I can get 20% on that value and change for Sovs. For example I bought 10kgs at £0.17 a gram and flipped it when I was getting £0.22 a gram. Waited for spot to go down and bought sovs with difference. 
 

Flipping silver to gold needs calculated strategy and frankly cgt vs cgt has no upside. Buying scrap and flipping for profit or coins that may gain in value is the way to go. The only Bullion CGT coins that have delivered upside in my experience are the QB lions (£4-10 over issue price) and griffins ( £20-35 over issue price). I flipped a tube of Griffins which I bought for £32 each at £57 each. 
 

Now going to 1 Oz Britannia- you could instead aim to buy sovs which always earn 2-3% premium over spot. Full gold Britannia often come up on on the forum for way less premium so you could flip sovs into Britannia and net average 1-2% difference. Done at scale it’s not a bad way to go. 

 

Share this post


Link to post
Share on other sites
12 minutes ago, ilovesilverireallydo said:

 

Now going to 1 Oz Britannia- you could instead aim to buy sovs which always earn 2-3% premium over spot. Full gold Britannia often come up on on the forum for way less premium so you could flip sovs into Britannia and net average 1-2% difference. Done at scale it’s not a bad way to go. 

 

Very Interesting, thanks for your input.

So I'm much better off flipping sovs into Brits and staying with gold than trying to flip silver into gold?

 

Doing a few calculations over past few days the only I can see of realistically flipping silver into CGT gold would be via buying big silver bars at spot and paying very close attention to raises in spotprice or like you say getting lucking on Griffin prices 🤔🤔

Share this post


Link to post
Share on other sites
9 minutes ago, Tattoedamat said:

So I'm much better off flipping sovs into Brits and staying with gold than trying to flip silver into gold?

Correct. But the flip side expect to not get premium on return when selling. So I would still stick with sovs as they are easy to sell and still get premium back. 

Share this post


Link to post
Share on other sites
10 minutes ago, Tattoedamat said:

big silver bars at spot and paying very close attention to raises in spotprice or like you say getting lucking on Griffin prices 🤔🤔

You would be very lucky or connected to get silver bars at spot unless you buying 100 ozzers and then you back in the zero sum game lol

Share this post


Link to post
Share on other sites

I agree that Sovs are the best for long term. Easy to move on too, when needed. Just stack them into tubes and forget about them until needed. My plan is to supplement pension with the odd sale of a Sov here and there...I do also get Brits but that is on the basis that I will hold long term and sell when the gold price is where I need it to be. In the meantime I do still stack silver and sell when I’ve got too much to fit in my safety deposit box or when I’m ready to buy something else...it’s a savings account for me really!!

Share this post


Link to post
Share on other sites

My investment strategy when it comes to precious metals is this:

Gold is for preservation of wealth, and silver is for speculating.

I don't think about the spot prices of either metal nor do I even care about the gold to silver ratiio, as I have next to no intention of selling any of my preciuos metals, my strategy is to leave it all to my children or grandchildren, for to them either add to it for it to be passed down to their offspring, or for them to do all of the tedious leg work if they want to sell it themselves.  In short what I've been buyinng since I first started collecting gold, and recently silver, is for the future generations of my family to benefit from, not me

Edited by Seth

Share this post


Link to post
Share on other sites
23 hours ago, Seth said:

My investment strategy when it comes to precious metals is this:

Gold is for preservation of wealth, and silver is for speculating.

I don't think about the spot prices of either metal nor do I even care about the gold to silver ratiio, as I have next to no intention of selling any of my preciuos metals, my strategy is to leave it all to my children or grandchildren, for to them either add to it for it to be passed down to their offspring, or for them to do all of the tedious leg work if they want to sell it themselves.  In short what I've been buyinng since I first started collecting gold, and recently silver, is for the future generations of my family to benefit from, not me

Is that good parenting? 

Sounds like a poor investment for the future?

Share this post


Link to post
Share on other sites
2 minutes ago, tallthinkev said:

One thing to think about is space. and a 10 oz coin takes up quite a bit.

As others have mentioned price is the most important factor, so sticking just to Brits may not always be best bet. 

 

That's a very good point, gold is twice the density of silver, so ounce for ounce, 100 ounces of gold will take up half the physical space that 100 ounces of silver will need.  Now when you're talking about ounces that's not a big deal, but you're not going to make enough money to justify your time and effort if you only have a few ounces or even few hundred ounces of silver, you're going to need to be in the kilogram territory, and not just oone or two kilograms, but in the tens, hundreds and even thousands of kilograms territory, that's a hell of a lot of space, and would cost a hell of a lot to store off site in either a vault or safety deposit box - yes safety deposit boxes that large and even bigger do exist, just ask HSBC about the customer ones that they accidently scrapped by mistake in Hong Kong.

Share this post


Link to post
Share on other sites
9 minutes ago, Seth said:

 

That's a very good point, gold is twice the density of silver, so ounce for ounce, 100 ounces of gold will take up half the physical space that 100 ounces of silver will need.  Now when you're talking about ounces that's not a big deal, but you're not going to make enough money to justify your time and effort if you only have a few ounces or even few hundred ounces of silver, you're going to need to be in the kilogram territory, and not just oone or two kilograms, but in the tens, hundreds and even thousands of kilograms territory, that's a hell of a lot of space, and would cost a hell of a lot to store off site in either a vault or safety deposit box - yes safety deposit boxes that large and even bigger do exist, just ask HSBC about the customer ones that they accidently scrapped by mistake in Hong Kong.

HSBC has a terrible track record for safety deposit boxes https://www.scmp.com/news/hong-kong/article/1958803/anger-after-hsbc-demands-right-snoop-safe-deposit-boxes-hong-kong

Share this post


Link to post
Share on other sites
7 minutes ago, Seth said:

 

That's a very good point, gold is twice the density of silver, so ounce for ounce, 100 ounces of gold will take up half the physical space that 100 ounces of silver will need.  Now when you're talking about ounces that's not a big deal, but you're not going to make enough money to justify your time and effort if you only have a few ounces or even few hundred ounces of silver, you're going to need to be in the kilogram territory, and not just oone or two kilograms, but in the tens, hundreds and even thousands of kilograms territory, that's a hell of a lot of space, and would cost a hell of a lot to store off site in either a vault or safety deposit box - yes safety deposit boxes that large and even bigger do exist, just ask HSBC about the customer ones that they accidently scrapped by mistake in Hong Kong.

Safety deposit box's are not all they are cracked up to be. Many banks are uninsured if they are broken onto and box's opened. I'm covered just as much with my home insurance and don't have two pay £X each month.

Share this post


Link to post
Share on other sites
1 hour ago, Roy said:

Is that good parenting? 

Sounds like a poor investment for the future?

 

It's me we're talking about,, the guy who's motto is ''It's 5 o'clock somewhere''' of course it's not good parenting, I've already managed to train my daughter who is not yet old enough to legally drink, yet alone know the difference between beer, wine and spirits how to mix daddy the perfect Jack and coke - 80% Jack to 20% coke, no ice or fruit salad/garnish, I like the bite and the warmth in your chest that feels like a butterfly gently spreading it's wings. I've also taught her how to make the perfect martini, here is my recipe incase you're interested in trying it out for yourself:

5 fluid ounces of gin - that's quarter of a pint

4 black olives

And instead of adding vermouth, just wave the glass in the general direction of Italy.

And she can make a killer long island iced tea.

(Though I get my daugher to mix and get me my drinks for me sometimes, I'm not as liberal as my parents where when raising me, they let me help myself to beer from the fridge as soon as I was able to open the cans myself and not only took me out drinking in pubs at 10 years old, but also introduced me to vodka, turned me into a vodka snob and where also more than happy even proud for me to play in the bands that I was in at that age in both pubs and clubs even on school nights.  Though one of the bands that I was in at the time was called ''Teachers'' and was made up of some of the teachers from one of the schools that I got expelled from, I was the only member who wasn't a teacher, and my teachers where used to me turning up at school straight from the pub stinking of alcohol and cigarettes either still drunk or hungover.  I only let my daughter have a sip/taste and on special occasions only and never from my style of mixed drinks, just beer, wine and champagne).

 

As to whether or not it's a sound investment for my child's future, I'm actually banking on gold, I got my fist stack of gold the day I was born, and I've been buying at least an ounce of gold every pay check without failure since my first pay check, in fact I've bought more gold in my lifetime than I have silver, yet ounce for ounce I own more silver and I only got into silver shortly before I joined this forum, out of all the silver I own I've only actually bought 183 ounces - 1 silver proof 2020 Britannia and 4 tubes of silver 2020 Britannias and 1 single Queens Beast The White Lion of Mortimer and 4 tubes of the White Lion of Mortimer, the rest of it I found and got for free, at no doubt some poor buggers expense given how much I found.

Edited by Seth

Share this post


Link to post
Share on other sites
1 hour ago, tallthinkev said:

One thing to think about is space. and a 10 oz coin takes up quite a bit.

As others have mentioned price is the most important factor, so sticking just to Brits may not always be best bet. 

Agreed Kev. What's easier to stack...half ton of 5kgs bars or same wieght of Brits..

Same value of gold is around 12.5kg 🤔

Not that I'm saying I'm stacking that much

Share this post


Link to post
Share on other sites
35 minutes ago, Seth said:

 

It's me we're talking about,, the guy who's motto is ''It's 5 o'clock somewhere''' of course it's not good parenting, I've already managed to train my daughter who is not yet old enough to legally drink, yet alone know the difference between beer, wine and spirits how to mix daddy the perfect Jack and coke - 80% Jack to 20% coke, no ice or fruit salad/garnish, I like the bite and the warmth in your chest that feels like a butterfly gently spreading it's wings. I've also taught her how to make the perfect martini, here is my recipe incase you're interested in trying it out for yourself:

5 fluid ounces of gin - that's quarter of a pint

4 black olives

And instead of adding vermouth, just wave the glass in the general direction of Italy.

And she can make a killer long island iced tea.

(Though I get my daugher to mix and get me my drinks for me sometimes, I'm not as liberal as my parents where when raising me, they let me help myself to beer from the fridge as soon as I was able to open the cans myself and not only took me out drinking in pubs at 10 years old, but also introduced me to vodka, turned me into a vodka snob and where also more than happy even proud for me to play in the bands that I was in at that age in both pubs and clubs even on school nights.  Though one of the bands that I was in at the time was called ''Teachers'' and was made up of some of the teachers from one of the schools that I got expelled from, I was the only member who wasn't a teacher, and my teachers where used to me turning up at school straight from the pub stinking of alcohol and cigarettes either still drunk or hungover.  I only let my daughter have a sip/taste and on special occasions only and never from my style of mixed drinks, just beer, wine and champagne).

 

As to whether or not it's a sound investment for my child's future, I'm actually banking on gold, I got my fist stack of gold the day I was born, and I've been buying at least an ounce of gold every pay check without failure since my first pay check, in fact I've bought more gold in my lifetime than I have silver, yet ounce for ounce I own more silver and I only got into silver shortly before I joined this forum, out of all the silver I own I've only actually bought 183 ounces - 1 silver proof 2020 Britannia and 4 tubes of silver 2020 Britannias and 1 single Queens Beast The White Lion of Mortimer and 4 tubes of the White Lion of Mortimer, the rest of it I found and got for free, at no doubt some poor buggers expense given how much I found.

 

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.