Looking for some more experienced advice
coinzzz
Posts: 46 ✭✭✭
if i were to start silver stacking as an investment for the next major silver rise would you recommend buying silver bars or silver coins such as the silver eagles
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I always suggest Silver Eagles for new OR long time stackers.
Loves me some shiny!
My preference is silver eagle tubes, then 10 oz. RCM .9999 bars.
But, silver is silver.
The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong
I like bars within a dollar of spot. (name brand of course) or junk silver.
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90% silver dimes, quarters, or halfs.
I like Silver Eagles !!!
silver eagles
90% junk
ASE are solid and usually easily transferrable (sold).
Make a couple or more date sets to make it interesting.
I wouldn't do a date set since some years carry a higher premium. that premium may disappear in the future.
stick to common date silver eagles with as low of a markup as possible. $2.50 over spot is the absolute most you should pay.
At this spot, gov bars on a sale, any gov mint rounds on a sale for ozers. Anything 5+oz whatever deal is on for close to spot. Should be able to get something for cheap if you pay attention and don’t impulse shop.
ASEs are a safe bet.
MY GOLD TYPE SET https://pcgs.com/setregistry/type-sets/complete-type-sets/gold-type-set-12-piece-circulation-strikes-1839-1933/publishedset/321940
just get what ever you can get cheap, near, at or below spot
thank you all for the helpful info
I recommend ASE's for stacking... excellent liquidity...I do have some silver rounds, acquired because I liked the theme or design. Certainly collector bars offer premiums from other collectors...but if you are stacking with a view to the precious metals market, be careful of authenticity. Cheers, RickO
Silver Eagles or 90% silver US coinage.
I knew it would happen.
I do all the above... as close to spot as possible.
Let me count the ways.
Junk silver and ASE's.