Kilo bars are simply amazing! A good friend of mine and dealer gave me such a bar twice to hold them for several minutes at the age of 16 and 17. I still remember, the first was a 995 credit suisse and the second a 999.9 vintage french bar with a nice 400 oz shape. I prefer the first shape for a kg, like this metalor. I got my first gold coin, a late 1950s sovereign, at age 11. The feeling of holding a kilo was just unique and from that moment, it entered the very short list of material items I should get one day no matter what!
That's why I laugh when people say it's not safe to keep your own gold. That tiny little bar is worth 60k $ and can be hidden so easily. Even a 10kg bar is easily enough hidden with a little creativity.
Maybe the bigger size of the silver bar makes the impression that it's lighter when holding it, while it weighs the same as the much smaller item it's being compared to.
Absolutely stunning but if I had the odd £45,000 to spend on my PM's collection, I woukld add coins though might get a couple of 100gram bars just to oggle at and polish every now and then!
I have four 1 kilo gold bars and the only place I feel comfortable selling them to is the refinery I deal with. I find that the easiest weight to sell are the one ounce gold and it becomes increasingly difficult to sell to a private buyer once you go past the 50g bars.
I almost bought one of these a few years back, when premiums were near nil on larger quantities, but the thought of trying to sell/liquidate it some day seemed too hard. Never mind tax reporting tripwires.
@Dissident Aggressor Great! I stuck to 1oz coins. I was getting cull/damaged ones from Provident for spot at the time. Don't get me wrong, I would love to own and be able to hold a nice heavy bar. It would be so satisfying. But unless you are a big millionaire or a billionaire, I feel like 1oz coins is where you want to be.
Honestly, it's quite numbing when you have been around so much metal for so long. It's so special, don't get me wrong but it's also just a lump of metal!
When I handled a 1kg gold bar, I was overwhelmed by the weight and underwhelmed by the size, about the same size of a bar of chocolate 🍫. CGT can be avoided, its all a matter of networking within the precious metals community.
I know exactly what you mean on the size and weight. CGT can be avoided - but it is still a tax that is payable remember. Best to play by the books in my opinion
@@BackyardBullion if we all 'played by the books' income tax would have been abolished when Napoleon Bonaparte was defeated. If we all 'played by the books' VAT would have been abolished when we left the EU. Window tax became unworkable, because people bricked up their windows. Governments borrow from the earnings of future generations. I have grandchildren and great grandchildren, many pre school. No-one has asked them if they are willing to repay the debts of past and present profligate political administrations.
Awesome !! 👌 👍 The gold silver ratio means that single gold bar the size of a bar of chocolate equates to nearly 80Kg of silver. Thanks for sharing this with us all 👍
Here if you sell a 1 kilo bar you have to do paperwork which can hit you with CGT but if you melt it into 1oz or 2 oz ingots there is no record if you sell 10oz or less per sale...go figure.
Can I ask you do you think it easier. to sell Gold bars or coins where you get the premium back as the coins are at the £20 more expensive as I'm just about to buy my first pieces of gold any help would be much appreciated
As nice as it is I feel like the impracticalities outweigh the benefits, especially if it were your only gold piece. Spending the same on sovs would just give more flexibility and options down the line. If my gold stack started going well into the 6 figures at current prices it would certainly be nice to have one
*Gold and silver are doing great. The stock market is up after the recent crash and the crypto space is retracing lol. Just keep going you'll get your rewards in whichever you're in*
Some time ago I was just wanting to buy a whole kilo of gold, from the Royal Canadian Mint, but I was $55,188.00 short. Sorry, I do not even earn $56k a year. To see it tied up in a bar would freak me out. I'll settle for ounces and fractional ounces a bit at a time. Silver however... let us say that I have enough to make good anchor for my future yacht.
"but I was $55,188.00 short" 🤣 I laughed so loudly at that I scared my daughter sitting next to me!! I'm happy to be in the same boat with you, brother!
How do you make sure you are not buying a fake gold bar let's say from the bank or a popular dealer? Could someone please answer my question i highly appreciate it.
Buy from a REPUTABLE dealer who has a reputation for qualtity, excellence and customer service. Or better yet, buy directly from a mint if you can. There are several in the US I've dealt with directly and they stand behind all their products with a 100% GUARANTEE. They positively WILL NOT let anything be sent from the facilities that isn't 100% genuine, as it would ruin their reputation. I highly recommend Scottsdale Mint and SD Bullion. If you want even more assurance, buy a soverign minted bar - e.g. Royal Canadian Mint made bars - .9999 fine and specifically made with anti-counterfeiting technologies that distributors can verify with tools provided by the mint. Cheers.
Capital-gains taxes don't care about inflation, just like interest from savings accounts don't care about inflation when it comes time to get taxed....
u sell it to people that want to buy it. hell buy it from u for 90% of spot and then sell it to a jewelry manufacturer for 10 over spot. here in the US u can take it to a fed bank and they will pay spot if u need to unload it quick.
If you had a lot of gold bars to offload, maybe you'd be better off learning how to craft jewelry from it. Low-balling the price and selling that at the local mall (or on ebay), you'd still make way over spot.
Sounds like a good way to lose money,buying lose money selling lose money, and gold doesn't go up in value as fast as the s&p 500 so really only worth holding if you are a government
If you own Gold you also know the benefit of Bitcoin. Good luck on trying to move gold bullion across borders. Also diluting gold to currency is a pain. So two major downsides solved, not so much a casino option after all.
Kilo bars are simply amazing! A good friend of mine and dealer gave me such a bar twice to hold them for several minutes at the age of 16 and 17. I still remember, the first was a 995 credit suisse and the second a 999.9 vintage french bar with a nice 400 oz shape. I prefer the first shape for a kg, like this metalor. I got my first gold coin, a late 1950s sovereign, at age 11. The feeling of holding a kilo was just unique and from that moment, it entered the very short list of material items I should get one day no matter what!
there is something in humans thats programed to love gold and silver. weird
It’s not the same as holding gold and silver bars in your own hand, but an HD video does generate excitement!
It's 4K video, but 4K still isn't the same as real life.
That's why I laugh when people say it's not safe to keep your own gold. That tiny little bar is worth 60k $ and can be hidden so easily. Even a 10kg bar is easily enough hidden with a little creativity.
Because if you store In the bank need to pay fees plus pay for insurance for this gold..
Wait till you find out about watches 😂
Gold futures are fine with me. No need to hide anything and i can sell it for nearly 100% value in seconds.
Tell me i wanna know about watches lol @@BigA1921
"this feels decidedly light in comparison". And yet, they're both still a kilo. heh.
What’s heavier kilo of feathers or a kilo of steel
Maybe the bigger size of the silver bar makes the impression that it's lighter when holding it, while it weighs the same as the much smaller item it's being compared to.
@@Vestu I agree, I was just feeling particularly tedious on that day.
@@dleetr Heheh yeah I hear you, brother, I hear you. Have a great week.
@@Vestu Ta, you too.
What a beautiful bar! The color almost seems to glow from it!
I know what you mean, it is stunning.
Crazy how gold and silver just look like money. Nothing else like it. Beautiful bar!
What an incredible gold bar. Thanks for sharing
Absolutely stunning but if I had the odd £45,000 to spend on my PM's collection, I woukld add coins though might get a couple of 100gram bars just to oggle at and polish every now and then!
I have four 1 kilo gold bars and the only place I feel comfortable selling them to is the refinery I deal with. I find that the easiest weight to sell are the one ounce gold and it becomes increasingly difficult to sell to a private buyer once you go past the 50g bars.
What about Jewelery stores
Bigger bars can be harder to sell privately. Depending on where you're based, you should be able to find a dealer willing to make you an offer.
I almost bought one of these a few years back, when premiums were near nil on larger quantities, but the thought of trying to sell/liquidate it some day seemed too hard. Never mind tax reporting tripwires.
@Dissident Aggressor Great! I stuck to 1oz coins. I was getting cull/damaged ones from Provident for spot at the time. Don't get me wrong, I would love to own and be able to hold a nice heavy bar. It would be so satisfying. But unless you are a big millionaire or a billionaire, I feel like 1oz coins is where you want to be.
@Dissident Aggressor Keep it up!
I don’t know how you are speaking so calmly with that kilo sitting in front of you great video my friend thanks for sharing
Honestly, it's quite numbing when you have been around so much metal for so long. It's so special, don't get me wrong but it's also just a lump of metal!
Yes, just under twice the size as silver is 84% larger than gold
When I handled a 1kg gold bar, I was overwhelmed by the weight and underwhelmed by the size, about the same size of a bar of chocolate 🍫.
CGT can be avoided, its all a matter of networking within the precious metals community.
I know exactly what you mean on the size and weight. CGT can be avoided - but it is still a tax that is payable remember. Best to play by the books in my opinion
@@BackyardBullion if we all 'played by the books' income tax would have been abolished when Napoleon Bonaparte was defeated.
If we all 'played by the books' VAT would have been abolished when we left the EU.
Window tax became unworkable, because people bricked up their windows.
Governments borrow from the earnings of future generations.
I have grandchildren and great grandchildren, many pre school. No-one has asked them if they are willing to repay the debts of past and present profligate political administrations.
@@harryzero1566 ☝️I love this comment
@thousandaire radio I agree as well, why should we have to pay tax on real money.
@@GodSaveTheKing444 don't pay taxes always get out of it legal or illegal.
Awesome !! 👌 👍
The gold silver ratio means that single gold bar the size of a bar of chocolate equates to nearly 80Kg of silver.
Thanks for sharing this with us all 👍
Let see if a silver goes higher and you have 80 kilos of silver will be more than gold
Here if you sell a 1 kilo bar you have to do paperwork which can hit you with CGT but if you melt it into 1oz or 2 oz ingots there is no record if you sell 10oz or less per sale...go figure.
Can I ask you do you think it easier. to sell Gold bars or coins where you get the premium back as the coins are at the £20 more expensive as I'm just about to buy my first pieces of gold any help would be much appreciated
Coins, every time coins!
Thank you for the help I'm a bit nervous about making a mistake as it a lot of money to tie up
As nice as it is I feel like the impracticalities outweigh the benefits, especially if it were your only gold piece. Spending the same on sovs would just give more flexibility and options down the line.
If my gold stack started going well into the 6 figures at current prices it would certainly be nice to have one
We'll be here if and when you decide to buy! 😉
@@Chard1964Ltd lol
Another great video!! It's always a good feeling when you hold a 1 kilo gold bar, even if you have to give it back!
Amazing to see this gold 1 kilo bar!!
Now I want a bar of chocolate
Wow, BYB! That is awesome!
Certainly is!
*Gold and silver are doing great. The stock market is up after the recent crash and the crypto space is retracing lol. Just keep going you'll get your rewards in whichever you're in*
I am Sir, insanely envious!
Next stop, Platinum Bar!!!!
Can’t say that I do own one…but its on the ever growing bucket list.
Some time ago I was just wanting to buy a whole kilo of gold, from the Royal Canadian Mint, but I was $55,188.00 short. Sorry, I do not even earn $56k a year. To see it tied up in a bar would freak me out. I'll settle for ounces and fractional ounces a bit at a time. Silver however... let us say that I have enough to make good anchor for my future yacht.
I feel the same way. God forbid someone would walk off with it somehow: there goes a year of work :(
"but I was $55,188.00 short" 🤣 I laughed so loudly at that I scared my daughter sitting next to me!! I'm happy to be in the same boat with you, brother!
Always wanted one thanks for sharing 😊
i have some just not in kilo form. maybee i will trade in some oz for a kilo and do a swap.
The gold stack picture actually looks like what you would picture if you found some pirates gold in a chest 😮
It's crazy paying VAT on silver!!!
that thing bangs... take out the blue sticker though lol..... but for real, wow.... amazing
It appears trading under spot could be an arbitrage option for ETFs or manufacturing. Any input would be appreciated.
I thought you were going to say MY PRECIOUS !!!!! there for a minute
A standard gold bar when I looked it up is roughly 27.5 lbs, now that's dropping a douce
that is a 400oz one, the ones in government vaults
What weighs more? A kilo of gold or a kilo of silver?
got to love a 1kg gold bar, they feel surprisingly heavy for the physical bar size.
The brain just can't keep up!
That was SUPER COOL, my friend. I think I’ll dream about that bar tonight. 😂👌🏼
It was a very special day, so amazing!
YankeeStacking is commenting? They'll let anyone in here, it seems. 😄 Love you, Yankee! Thanks for all you do!
@@maxcactus7 lol. A YEAR ago! 👌🏼
Very nice still waiting for my first kilo queens beast that will be my first ever when I can afford it
Wow, congrats 👏🎉🎈🥳
Thank you 🤗
20 grams is the right size for the expected increases...
Retailing at around 46,000 pounds. Well now it's 61,000 pounds, so yeah it would've been well worth it.
This is 100 million keep it
have some fun and melt it into 10 oz bars... and make more money 🙂
That would be one heck of a pocket piece, 🤣
Your trousers would keep falling down!
buying silver of any kind in the UK for investment is close to pointless because of the tax.
I never knew that about gold coins and capital gains tax.. thanx
What amount of gold are those big bars you see in the movies? Do they even sell them that big?
Those are 400oz. They are worth around £600k each
That thing Is ABSOLUTELY INCREDIBLE BRO🌹🌻💚😇🙏🔥😍🎼☮️☮️☮️
If i wanted to invest in gold. Id buy a gold etf for liquidity reasons. For having fun, 1 oz gold coins will do. I own none right now. lol
that bar is worth more than most peoples cars. crazy to think about
How do you make sure you are not buying a fake gold bar let's say from the bank or a popular dealer?
Could someone please answer my question i highly appreciate it.
Buy from a REPUTABLE dealer who has a reputation for qualtity, excellence and customer service. Or better yet, buy directly from a mint if you can. There are several in the US I've dealt with directly and they stand behind all their products with a 100% GUARANTEE. They positively WILL NOT let anything be sent from the facilities that isn't 100% genuine, as it would ruin their reputation. I highly recommend Scottsdale Mint and SD Bullion. If you want even more assurance, buy a soverign minted bar - e.g. Royal Canadian Mint made bars - .9999 fine and specifically made with anti-counterfeiting technologies that distributors can verify with tools provided by the mint. Cheers.
Gold bars in that size magically change their name to:
"Unobtainium"...lol
Wow💯💯💯
I KNOW!
i could live off that one gold bar for 3 years
How can anybody afford that right now😂.. Jk jk.. Nice piece 😎👍
I've played with a few of them...not as big as I'd assumed.
MY PRECIOUS!!! 🤣🤣
What a beauty
65,000 today
ABC bullion buyback for 1kg gold bar is 97.5%, unhelpful though to an Englishman.
And kg bars can be bought for spot+1%, not spot+3%, so much better spread down under.
I'd love to get a k of silver one day not sure if I want a bar or big ass coin
1 Biblical Talent = 35 Kilos. so 10 Talents of gold = 350 one Kilogram gold bars.
Is that some sort of sticker or is that a chip?
There doesn't seem to be any advantage of buying a kilo bar. The premium difference is negligible. And I imagine the liquidity is much less.
Admit it… You looked around the room after you picked it up 😃
🤣
I would most definitely wear that bar on a chain around my neck. 🤭
It could also go towards a nice set of gold teeth! 😁
Capital-gains taxes don't care about inflation, just like interest from savings accounts don't care about inflation when it comes time to get taxed....
It looks so small but gold is heavy
You must have deep pockets to shell out for 1 kilo gold bar!!!!! 😜I would rather invest in anything that is capital gains tax free!!!!
Yes, it is a lot of cash - why I "borrowed" it from Chards!
Well technically he still has that money just in metal form until he liquidates it back to cash.
Woooooow dude
I KNOW!
I can have it? Say yes. Do it!
That was the same question I asked the good people at Chards!
Probably lovely to touch the gold Mr Backyard, great stuff 👍🏻
its $90k today!
u sell it to people that want to buy it. hell buy it from u for 90% of spot and then sell it to a jewelry manufacturer for 10 over spot. here in the US u can take it to a fed bank and they will pay spot if u need to unload it quick.
Spot price is not 90%. High 96%-99% all day long.
A kilo of either is a great conceal carry lol
If you had a lot of gold bars to offload, maybe you'd be better off learning how to craft jewelry from it. Low-balling the price and selling that at the local mall (or on ebay), you'd still make way over spot.
Now you can see why they don't like bitcoin and crypto..... You can't take that through customs without the third degree
90% of spot!?! you gotta be kidding me! I would snap on somebody
Gold kilo not at $69K
What are the ones who can be trusted we don't want a tungsten surprise
Sounds like a good way to lose money,buying lose money selling lose money, and gold doesn't go up in value as fast as the s&p 500 so really only worth holding if you are a government
One day I will hold a kilo.
Its an amazing thing!
Every week, from the crematorium, 10 kilos of gold was extracted from the teeth of the victims. 😢
I own gold but still think Bitcoin is genius inovation. I'm stacking 1/4 Gold/BTC
Yeah, Bitcoin is a casino gamble
Bitcoin is the worst lol
If you own Gold you also know the benefit of Bitcoin. Good luck on trying to move gold bullion across borders. Also diluting gold to currency is a pain. So two major downsides solved, not so much a casino option after all.
@@dw4258 gold will never crash, bitcoin is based off trends and is controlled more by outside influence.
Go sell your 1kg Gold bar which would be exempt from any Capital gains tax!
No, it would not be exempt. It would be taxed if you made enough profit.