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What really is a Silver Stacker?

LucyBopLucyBop Posts: 14,004 ✭✭✭

Some here will know me, I specialized in Franklin halves, often buying raw coins and getting them graded and helping folks build there registry sets. I then and still today seek out toned mint set Franklins.


Anyways, I have been buying silver simple because I love it. I have mucho Native American jewelry that I wear daily.

I have been getting into poured silver as some of it is art to me, including poured bars of silver. Some of my favorite places to buy are Monarch Precious metals, Yeagers Poured Silver and Atlantis Mint.

I also buy cool (to me atleast) silver rounds, American silver ounces and various foreign ounces from mints around the globe. I have encountered utube videos of collectors whom call themselves 'stackers'.


What really is a Silver Stacker? The short answer is somebody stacking silver I suppose but as I watch these video's I don't get some of these folks, as some of them preach a impending doom of economic collapse so they
are rushing out to hoard as much bullion as they can.

I don't think of myself as a Silver Stacker, but maybe I am, as I have a rather large amount of Silver in various forms. I don't like the term stacker, but maybe I am not with the times..

I have a love for all US coins and have owned/sold many PCG's slabbed coins from Washingtons, to Mercs, to Frankies and even some graded copper.



Here is a recent purchase I made from Yeagers, a 100 gram chuck of silver:


imageimage



Somebody please explain and give me some insight on this 'Silver Stacker' mentality and what it really means, I am all ears...
imageBe Bop A Lula!!
"Senorita HepKitty"
"I want a real cool Kitty from Hepcat City, to stay in step with me" - Bill Carter

Comments

  • MeltdownMeltdown Posts: 8,650 ✭✭✭✭✭
    Be who you are. Collect what you like. "Stacker" doesn't fit in any one label from the folks around here.
  • PerryHallPerryHall Posts: 45,296 ✭✭✭✭✭
    Of course we remember you. Glad to see that you're back. I don't know who first started the term but a silver stacker is someone who invests in silver bullion which usually involves buying silver bars and stacking them. In fact some bars are designed to be stacked with design features that allow them to interlock. Many hoard silver and also collect silver at the same time. There are many silver products that are interesting and artistic that don't carry too much of a premium over melt value. That silver pyramid is very neat.

    Worry is the interest you pay on a debt you may not owe.

  • Silver stackers are these poor illusioned silver buyers that have been buying silver over and over with every promoted sale only to watch it cheaper than the sale price the following week. Interesting to me is that no matter how many millions of ounces are sold each year they still can come up with millions the next year. I guess sometime after I'm long dead there will be a day when people will say something like " There once was a time you could buy all the silver you want with green pieces of paper". Like in some science fiction movies. Little good that will do any of us.
  • CCC2010CCC2010 Posts: 1,987 ✭✭✭
    Nice pyramid LucyBop. Very image
    References:Coinsarefun,DerryB,Bloodman,Zubie,Gerard,Skyman,Bestclser1,Lakesammman,Yellowkid,PerryHall,Piecesofme,HTubbs,grote15
    Coinfame,Kaelasdad,Type2,UNLVino,MICHAELDIXON
    Justacommeman,tydye,78saen,123cents,blue62vette,Segoja,Nibanny
  • OPAOPA Posts: 17,104 ✭✭✭✭✭
    Stacker: 1) A speculator, that is accumulating an asset with the intend to sell at a profit. Does not care what he/she buys as long as it's at a lowest possible premium over spot.
    2) Some one who is believes in a SHTF scenario and strongly believes of an impending collapse of our, or world currency's. .....
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • AUandAGAUandAG Posts: 24,515 ✭✭✭✭✭
    Hey LucyBob!!! Welcome back, where ya been??

    Anyway, my take on stackers is that they see that silver has made two runs up toward $50 in the past
    30 years and they want to have as much on hand for the next run up......to sell of course!!

    But if the SHTF with the economy, a hard asset like silver bullion would not be bad to have on hand.

    bobimage
    Registry: CC lowballs (boblindstrom), bobinvegas1989@yahoo.com
  • BAJJERFANBAJJERFAN Posts: 30,977 ✭✭✭✭✭


    << <i>Stacker: 1) A speculator, that is accumulating an asset with the intend to sell at a profit. Does not care what he/she buys as long as it's at a lowest possible premium over spot.
    2) Some one who is believes in a SHTF scenario and strongly believes of an impending collapse of our, or world currency's. ..... >>



    If one is stacking with an eye mostly towards #2 what is the most readily negotiable form of silver other than 90% coinage?
  • jmski52jmski52 Posts: 22,298 ✭✭✭✭✭
    Hi Lucy, how are ya? You have eclectic tastes in silver and an affinity for great cars! What's not to like? Stackers have their own various reasons and methods, but the gist of it is that they like having more silver than less. Everybody's got an opinion, but one item you might try is the 5 ozer silver America the Beautiful 5 oz. silver coins.

    There are two varieties - the regular issue coins have an attractive unc finish with some reverse proof devices - bought through various dealers, and the special "collector" versions have an interesting "vapor blast" unc finish, and are available direct from the Mint. The artwork is generally good and the heft of a 5 ozer is enough to turn on any silver aficionado.

    Welcome Back!
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • OPAOPA Posts: 17,104 ✭✭✭✭✭


    << <i>Hi Lucy, how are ya? You have eclectic tastes in silver and an affinity for great cars! What's not to like? Stackers have their own various reasons and methods, but the gist of it is that they like having more silver than less. Everybody's got an opinion, but one item you might try is the 5 ozer silver America the Beautiful 5 oz. silver coins.

    There are two varieties - the regular issue coins have an attractive unc finish with some reverse proof devices - bought through various dealers, and the special "collector" versions have an interesting "vapor blast" unc finish, and are available direct from the Mint. The artwork is generally good and the heft of a 5 ozer is enough to turn on any silver aficionado.

    Welcome Back! >>



    image

    I collect both, but prefer the bullion version over the "P" ( collector ) version.

    next 5 oz version below

    image

    collectors version below

    image
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • mariner67mariner67 Posts: 2,746 ✭✭✭
    LucyBop...I don't know you as I guess you left before I joined.
    I do know the world needs more people like you.
    Welcome back!
    Successful trades/buys/sells with gdavis70, adriana, wondercoin, Weiss, nibanny, IrishMike, commoncents05, pf70collector, kyleknap, barefootjuan, coindeuce, WhiteTornado, Nefprollc, ajw, JamesM, PCcoins, slinc, coindudeonebay,beernuts, and many more
  • DrBusterDrBuster Posts: 5,301 ✭✭✭✭✭
    Good to see one of the Franklin crew back!

    Stackers to me are pirate souls. Sweet rides and a chest to play with that glimmers the eyes.
  • LucyBopLucyBop Posts: 14,004 ✭✭✭
    I have many of these in the HepKitty vault:


    image



    But if the Caca hits the fan, I have my 40 caliber Gen III Glock and a BIG STACK of ammo.

    That's how the kitty rolls......
    imageBe Bop A Lula!!
    "Senorita HepKitty"
    "I want a real cool Kitty from Hepcat City, to stay in step with me" - Bill Carter
  • rawteam1rawteam1 Posts: 2,472 ✭✭✭
    There are no silver stackers Lucy Bop...
    The Era ended when the last of the known legendary stackers passed...

    Now like most everything else it has turned upside down into a pseudo stacker, those who think they are moving into an asset that can never have zero zero value, buy paying large sums of cash/money to do so, while overlooking the high probability they have lost a considerable amount of money, time and value that will never be recovered, but had a great time doing it and have a story that helps them personally explain away what actually happened, and in most instances allows them to keep (what they think is) "stacking"...
    keceph `anah
  • BLUEJAYWAYBLUEJAYWAY Posts: 7,938 ✭✭✭✭✭
    Do pancakes count?image
    Successful transactions:Tookybandit. "Everyone is equal, some are more equal than others".
  • BaleyBaley Posts: 22,658 ✭✭✭✭✭
    Hi Lucy!

    We're all collectors,

    "silver stacker" is just a species of numismatist with a particular mindset that is usually self-identified by the collector

    Liberty: Parent of Science & Industry

  • derrybderryb Posts: 36,108 ✭✭✭✭✭
    collectors are optimists, stackers are paranoid. image

    The decline from democracy to tyranny is both a natural and inevitable one.

  • JohnnyCacheJohnnyCache Posts: 1,663 ✭✭✭✭✭
    Welcome Back Lucy,

    I understand what your saying about some of it is art to me, as I too appreciate buying a piece of silver on occasion just to simply to enjoy the beauty of the piece, or the feel the heft of a nice bar in my hand.

    I just recently picked up some YPS pieces, along with related rounds from Provident, for next weeks "metal porn", our weekly show and tell on Fridays.

    Thanks for sharing some pictures from your stack.

    This guy on YouTube breaks out a few different types of "Stackers", one size does not fit all.

    Stackers?

  • cohodkcohodk Posts: 18,548 ✭✭✭✭✭


    << <i>collectors are optimists, stackers are paranoid. image >>



    What are investors?
    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • rawteam1rawteam1 Posts: 2,472 ✭✭✭


    << <i>

    << <i>collectors are optimists, stackers are paranoid. image >>



    What are investors? >>


    Here they are party poopers of course...
    keceph `anah
  • bronco2078bronco2078 Posts: 9,964 ✭✭✭✭✭


    When you are ahead you are an investor , when you are buried you are a stacker image
  • lcoopielcoopie Posts: 8,690 ✭✭✭✭✭
    Welcome back

    Those Monarch bars look nice but I wonder if they would be easy to sell.
    LCoopie = Les
  • TwoSides2aCoinTwoSides2aCoin Posts: 43,793 ✭✭✭✭✭
    There's an entry point and a melting point. The point of stacking is somewhere in between. At some point there has to be an exit point or stackers miss the point.
  • ArizonaJackArizonaJack Posts: 4,029 ✭✭✭
    Stackers Schmakers, welcome back Lucy Bop!!
    " YOU SUCK " Awarded 5/18/08
  • PerryHallPerryHall Posts: 45,296 ✭✭✭✭✭


    << <i>Welcome back

    Those Monarch bars look nice but I wonder if they would be easy to sell. >>



    Why wouldn't they be easy to sell? They make a great looking product and they have a web site if you want to learn about the company. I own several and like them a lot. The poured bar style is neat and the mark-up over melt is comparable to other currently manufactured bars. Their 50 oz bars are neat and I don't know of any other current company making 50 oz bars other than Silvertomne.

    Worry is the interest you pay on a debt you may not owe.

  • OverdateOverdate Posts: 6,902 ✭✭✭✭✭


    << <i>

    << <i>collectors are optimists, stackers are paranoid. image >>



    What are investors? >>


    Investors are people who stack silver ETFs (exchange traded funds), minimizing storage, transaction and transportation costs as well as liquidity issues. Boring but IMO this makes more sense financially than buying, selling and trading physical.

    My Adolph A. Weinman signature :)

  • StorkStork Posts: 5,205 ✭✭✭✭✭
    Dragons are stackers.

    They are mesmerized by the glitter, comforted by the heft, and though some pieces are held in more esteem than others, any amount of metal/gems/treasure is dear. The hoard (or stack) is their desire and their security. Each piece, even the tiniest, buoys them.

    Plus, it's nice to sleep on--feels good on the scales.


  • CrackoutCrackout Posts: 1,361 ✭✭✭✭✭
    A stacker is like a squirrel patiently gathering and storing his nuts in preparation for whatever tomorrow may bring.


    In honor of a LucyBop appearance, here is a round piece of silver acquired from the Hepkitty many moons ago. In fact, it was blast white back then!

    image
  • DennisHDennisH Posts: 13,963 ✭✭✭✭✭
    Welcome back Lucy! image
    When in doubt, don't.
  • LucyBopLucyBop Posts: 14,004 ✭✭✭


    << <i>A stacker is like a squirrel patiently gathering and storing his nuts in preparation for whatever tomorrow may bring.


    In honor of a LucyBop appearance, here is a round piece of silver acquired from the Hepkitty many moons ago. In fact, it was blast white back then!

    image >>





    Be Bop A Lula!!!
    imageBe Bop A Lula!!
    "Senorita HepKitty"
    "I want a real cool Kitty from Hepcat City, to stay in step with me" - Bill Carter
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