Was thinking to myself this afternoon...
If silver spot shot to the moon, are i needed cash quickly to re-invest into something are whatever the reason maybe. If i was selling off part are all my stack, what way would i go about it? I have an exit plan in place for my silver stack (swap everything for gold when ratio is 1:40) but life can throw to odd carve ball and your plans change. I thought to check out my excel sheet and see what way my stack breaks down in resale groups and what would be the best way to sell each group off. Im not saying this is the best way are even the most profitable way to sell your stack, this is what i will prob end up doing cause im lazy. I already minus 20% of my stack total for eBay and paypal fees even if i dont plan to sell most of my stack on eBay. This gives me a realistic figure is all.
My stack consists of
45% - Semi numismatic (Kooks, lunars, libertads, pandas, elephants, koalas etc)
41% - Brittannia's old and new
11% - Rounds and couple bars
3%- Lonely gold
For me, first to go would have to be my .999 britannia's just for the sheer ease of selling the lot quickly on thesilverforum, most likely the same day. Next up would come the bars and rounds, these i will sell for weight when the time comes so i can sell them anywhere even at a bullion dealers for ease. Last up would have to be the semi numismatic's, these would be sold on eBay to max the premium returned. This way will take longer to sell and must likely be stressful as buyers on eBay rule the roost and i would need to work for my premium. I have not mentioned the small gold i own are any of my numismatic's because they are forever keepies. Shit would really need to hit the fan before i sell my forever stack.
I can see a day when i will need to sell off my stack to swap into gold. Sooner then later would be nice but im stacking in the meantime and sitting on it until that day comes, so the time it take's before the gold to silver ratio hits 1-40, the better i will do. When this day comes, i am 90% sure that i will buy only sovereigns as they are cheapest gold to spot in the UK, easiest to sell and pretty god damn amazing coins. If the ratio returns to 1-70 after that and within my lifetime, i can easy swap my gold sovereigns back into silver. I know for fact i could sell 30-40k of sovereigns in a week andbuy get back into silver very quickly. I do no think i will ever see that day back never say never.
Uk Stackers, finally somewhere to buy silver& gold with BTC
While im talking of gold. I found a UK bullion dealer who why accept BTC as payment. I have never used them but know they have been around for a while so check out some reviews of your gonna buy from the. £234 for the 2018 Sovereign
Click Here to visit
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