Silver Stackers

[bdgile]

Any silver stackers, collectors, or investors around here besides me?

[omowasu]

Yep, absolutely, in all metals.

[RWhisenand]

What is a silver stacker? If you are investing in metals than yes.

[bdgile]

Yep, absolutely, in all metals.

Haven't gotten into platinum or platinum yet... Have you had much luck?

[mkarnold1]

I've been thinking about buying some silver. I'm not quite sure where and what to buy. Do you invest in bars or coins?

[elderboy02]

Silver stacker checking in :)

[bdgile]

I've been thinking about buying some silver. I'm not quite sure where and what to buy. Do you invest in bars or coins?

I'm a big fan of bars only because I like to make larger purchases. I would recommend starting with coins like American silver eagles and Canadian maple leaves.

[bdgile]

Silver stacker checking in :)

Good to hear brother. What do you like to stack?

[elderboy02]

Good to hear brother. What do you like to stack?

A mixture of 1oz generic silver bars/rounds. I buy Silver Eagles here and there, but hate how you pay a premium on them. Generic stuff works for me. How about you?

[bdgile]

A mixture of 1oz generic silver bars/rounds. I buy Silver Eagles here and there, but hate how you pay a premium on them. Generic stuff works for me. How about you?

I started with a lot of generic 1ozs, moved to mostly eagles (had a dealer near me that only asked .50 over for them, now stick to mostly 10oz and 100oz name brand bars.

[mkarnold1]

Do you buy local or online? If online, where?

[omowasu]

Haven't gotten into platinum or platinum yet... Have you had much luck?

Done very well in Palladium, bought in around 240/oz, its tripled since, and I still recommend palladium. Eventually China will need to start putting pollution controls on everything from cars to factories and Palladium will be needed in quantity. And there isn't much of it to start with.

Platinum is at a high point, and the noble metals are pretty interchangeable for pollution controls, so I wouldn't buy in to Platinum now.

Rhodium is historically very, very low at current prices and an excellent investment if you can get into a rhodium pool (rare), get rhodium sponge (rarer) or rhodium bars (rarest). They are harder to sell at their peak, however.

Of course, this is all simply opinion and not intended to be investment advice! :r

[elderboy02]

Do you buy local or online? If online, where?

The best online place is APMEX.com I also buy from ebay when I find a deal, but mostly from a local coin shop by my house and on the Equipment Exchange on AR15.com

[DMK]

Another stacker checking in. A mix of junk silver an pure rounds and bars.

[omowasu]

Do you buy local or online? If online, where?

I occasionally sell with no premium, maybe Ill start asking here in case there are any interested parties. Never thought about posting about silver on a cigar forum!

I have purchased from APMEX before, they are recommended.

[mkarnold1]

Been looking at Apmex for a little bit. It looks like that is where I will start the silver journey. Thanks for the heads up guys!

[bdgile]

The best online place is APMEX.com

X2

[Barcode]

Just started about a month ago. I have a place by my house that charges Spot + 10%.

[bdgile]

Just started about a month ago. I have a place by my house that charges Spot + 10%.

That's not bad depending on what your buying. Is that for 1oz coins?

[elderboy02]

I just bought one of these: http://www.silvertowne.com/p-19300-silvertowne-poured-5oz-999-silver-bar.aspx

I had to have it because I like the hand poured look.

[bdgile]

I just bought one of these: http://www.silvertowne.com/p-19300-silvertowne-poured-5oz-999-silver-bar.aspx

I had to have it because I like the hand poured look.

Nice hand pour. I really like them too. Silvertowne makes some really nice stuff for how reasonably priced they are.

[Barcode]

That's not bad depending on what your buying. Is that for 1oz coins?

Yes, I have been getting mostly American Eagles and Canadian Maple Leafs

[bdgile]

Yes, I have been getting mostly American Eagles and Canadian Maple Leafs

Yeah, that's not to bad of a price if they're in good condition. You can sometime get a pretty decent premium when you sell them depending on who is buying...

[mkarnold1]

I'm thinking about pulling the trigger on 5 oz. of the APMEX 1/2oz. rounds and a $10 roll of Washington quarters (avg. circ.) for my first silver purchase. Does this sound like a good plan to you guys that have been doing this for a while?

[mkarnold1]

I went with the 1 oz. silvertowne bars instead. Less of a markup and free shipping. Thanks for posting that site Dan!

[bdgile]

I went with the 1 oz. silvertowne bars instead. Less of a markup and free shipping. Thanks for posting that site Dan!

Good call. These will make a really smart first purchase.

[mosesbotbol]

There are metal based stocks you can buy that are closely related to the price of the metal. I bought a Gold stock several years ago and did pretty well. I sold it well short of where gold went, but at least I made money.

[Bondo 287]

I'm thinking about pulling the trigger on 5 oz. of the APMEX 1/2oz. rounds ......

Looking at the same order as well.
I see with Credit card the charges are high and shipping held 3 days to keep you from playing the market and flipping the product before it even leaves the warehouse :)

Dambit

[357]

My dad's been a coin collector for ever. I have some silver coins, many of which are worth more as silver than as a coin. I saw a show (doomsday preppers) where a guy buys rolls of half dollars for face value and picks the silver coins out (worth many times face value in silver) then trades the rest back in later. They called it roll hunting. Neat idea to get free money in silver. This is a practice I just may take up. The banks usually take out the silver coins but they miss quite a few I guess.

[bdgile]

My dad's been a coin collector for ever. I have some silver coins, many of which are worth more as silver than as a coin. I saw a show (doomsday preppers) where a guy buys rolls of half dollars for face value and picks the silver coins out (worth many times face value in silver) then trades the rest back in later. They called it roll hunting. Neat idea to get free money in silver. This is a practice I just may take up. The banks usually take out the silver coins but they miss quite a few I guess.

I have a few friends that do some coin roll hunting... Not very profitable. They often go through several hundred rolls before finding any silver. I guess it's not bad if you enjoy it and have A LOT of free time.

[bdgile]

Anyone buy 90% recently at a decent price?

[omowasu]

Anyone buy 90% recently at a decent price?

I may be selling some 90%, Ill PM you if I do. Id sell with no premium to a BOTL. I have a good mix of halves and dimes.

[elderboy02]

Bought a 1oz Stagecoach divisible bar because they look sweet. Also bought (3) 2013 Silver Eagles yesterday at the local coin shop for $34 each out the door. They are flawless and extremely shiny :)

[elderboy02]

A guy on AR15.com is selling Silver Eagles for $33 each shipped. I am buying a few.