Jaccob - investment advisor (I exchange gold for gold)

Although I'm of the opinion that people with a background in electrical engineering shouldn't get too involved in this topic, math is just as much a part of theand like other sciences, mathematics is an obvious subject, so I figured there was a brief window of opportunity to be exploited.

This year my gold season has been abnormally fruitful, thanks to my Manticore fitted with a new 9" spool, which is for lookingwater - indeed, I can confirm with a clear conscience that it is the best water reel I have ever had. The 9" size and round shape of the probe is just perfect in the ratio between separation and depth range.

Thanks to this I've already gotten slightly over 100gr this year, but that's not what this article is all about....

Since the gold price hit its high a few days ago and is still safely above 2500USD/OZ this is certainly very good news for those who hold it like me :D. However, holding it in the form of 20 crumpled earrings, broken chains, wedding bands and other fractionalgold doesn't make sense, and since selling gold at this time unless absolutely necessary is nonsense.

However, given the current stock market situation, there is a window of opportunity that I don't think will last long but you can take advantage of itt to get rid of your fractional, broken and unpunched gold and convert to far more liquid gold coins with minimal loss.

The joke is that gold buyers react to a change in the stock market almost instantly and change their buying prices every day, while numismatic market is always a bit frozen during the holiday season, and it's annoying for numismatic shops to change prices on regular gold coins every day.

Even the numismatic market has cooled down considerably after the extreme covid years, at that time gold 10 crowns were selling regular for 5600kč at a time when the material in the coin cost about 4000kč, but now with the price of gold the situation is completely different.

So if you time everything correctly and do it in one day if possible, it is possible to exchange the found and unsightly fractions, wedding rings, earrings or earrings. obscurely marked or unmarked gold for beautiful gold coins of precise weight and purity that are known and traded all over the world. The fact that a gold coin and a set of torn chains and earrings have completely different liquidity is perhaps not even necessary to mention.

So what exactly did I do?

On a proven e-shop with a long history (aurea.cz) I found Austrian 10 and 20 crowns at a good price, but you can also buy other gold coins, a good ratio between the price of the material and the price have, for example, French 20 Francs.

In my case, 10 and 20 crowns (3,38g/10K and 6,77g/20K of gold of purity 900/1000) 10 crowns can still be bought today (20.8.24) on the eshop for 5700kč and 20 crowns (if you buy a set of 3 pieces for 11000kč/piece)

So if you take the gold fractions to the redemption you will get about 5400kč for the same amount of gold, if you add a ridiculous 300korunas you have a beautiful gold coin and you have not lost a gram of gold.

Even better is the case of 20 crowns , where I managed to buy a set of 3 pieces for 11 000/piece (note: they still have one set of 3 pieces - status:20.8.2024), here you get about 10800 CZK for the material in the coin. So yes, you hear correctly the difference between a beautiful coin and the same coin you put on the tracks and let the train run over it is 200 crowns at twice the weight of the coin....

I also add a link where all the 10 and 20 crowns are listed, including the number of pieces minted: http://www.nume.cz/zpravodaj/post/show/429

Finally

If you are thinking about something like this, I suggest you act fast, it is long proven that after the holidays the numismatic market will start to take off, you can see for yourself if you visit us on 6-7. September at the Sberatel fair - there, for me, 10 and 20 crowns are definitely not so cheap to buy....

So if you want to do something like this, you have to act pretty fast - the window of opportunity will close in a couple of weeks, in my opinion, because dealers won't buy gold coins that cheaply anymore, so they will have to reflect the increase in price in the final price. (note: all printscreens are from yesterday 20.8)

I also recommend that you do the whole process in one day to avoid the risk of a drop in the gold price on the stock exchange - i.e. In the morning check the gold price and the redemption price, throw the coins according to your preferences into the basket and finance the coins with the redeemed gold - this way you will always be sure that everything will work out as calculated.

P.S. Thanks to the record gold price, the difference between the value of the material and the coin has narrowed like this, and I certainly don't think this will last long, personally I haven't seen such a small % difference in at least 5 years or more. Whether the price of gold goes up or down nobody knows...... either way you would end up the same whether you have fractional gold or coins, however coins are definitely far more profitable if you are considering it as an investment.

Jaccob