Gold Lunar Stack

D

digoxin

Member
Silver Stacker
This German based collector wassergeist recently was generous enough to share images of his MCC gold/silver stack on China Coin Forum. Then he sneaks in this image of some of his Perth Mint Lunar coins. I now get a sense of how hard core the German market is like with precious metal investing and collecting.

http://china-mint.info/forum/index.php?topic=6487.0

I found one of the thread comments quite insightful.

"Many collectors buy one or a few of the same coin, you buy the whole mintage."

4435_freitag269_001.jpg

courtesy of China Coin Forum

That is two 1 kg 2000 gold Dragons in the right hand corner.
 
Nice stuff but dare I say, low premium gold coins would be the way to go from now on? The collector market for gold lunar is shrinking as many people are priced out by rising gold prices. Just my thought !
 
Lightsview said:
That thread on CCF is making its round in various forums and facebook all over the world.
Click to expand...

Am I the only one to think that for all the wealth he has in hand right there, he has to be one of the most fkn stupid people I've seen in the stacking community?

Anyone remember this?

A man who decided to store his precious metals in a vault at his home in Chilliwack, Canada, was robbed of US$750,000 worth of silver bars in broad daylight. This case, which was first published about two weeks ago, shows that storing large amounts of precious metals at home is a very risky undertaking.

The 52-year-old victim is still traumatized after burglars intruded into his house where he had stored his life savings in silver bars. Based on the current silver price at the New York Comex, the silver was valued at about US$750,000.

Two burglars entered the house and attacked the man with a knife before tying him up. One of the thieves also carried a gun. The intruders were dressed in fake police uniforms and told the victim that they were investigating a crime and needed to ask him some questions. Once inside the house, they attacked the man and forced him to provide the combination for his vault. They then headed directly for the vault, which contained several thousand ounces of silver. After they had emptied the vault of the silver bars, the two robbers disappeared without a trace.

The victim is now wondering who could have provided the intruders with hints about the silver bars stored at his house. Friends, neighbours and relatives are the main suspects. Someone might have mentioned something to the wrong people, thereby letting the burglars find out about the silver bars, or they might have been informed by a third party.
Click to expand...

http://www.resourceinvestor.com/2011/02/23/robbers-make-off-with-750000-in-silver-bars

This guy has over 4x as much stuff, held on a private residence in a wooden cupboard and tells the entire world he has it...
 
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