One of the key ingredients to silver stacking, collecting rare gold and silver coins and purchasing precious metals online is to constantly educate yourself with the right resources, especially reputable resources that have the knowledge and tools a collector will need.
A favorite of ours is - COIN WEEK.
With a mission that is simple, one that is to inform, entertain and educate readers about coins and numismatics - since 2001, Coin Week has been publishing news articles and content independentaly for the precious metals enthusiast and the recipient of many awards for the contribution to the Numismatic community.
An excerpt of a coin week article can be found below
Bullion Coins - Silver Stacking Techniques
Silver bullion is no longer just an investment vehicle but also a hobby that countless “Silver Stackers” take part in every day. It might sound strange to think of the shiny metal as a hobby, but “Silver Stacking” has evolved the metal into something more. Let’s see how…
“Silver Stacking” is what collectors and investors call the act of stockpiling silver. This name seems quite appropriate. People all around the United States and other parts of the world buy silver bullion and call themselves “Silver Stackers” as they consistently add more precious metals to their portfolio, participate in online silver communities, and share videos and photos of their progress. There are a couple of ways to become a “Silver Stacker” yourself.
The most common type of stacker is the one who consistently adds various types of silver bullion a personal stockpile. The great part about this path is that no budget is to large or two small as one can purchase any quantity they choose whether it be a Monster Box of American Silver Eagles or a single 2016 Canadian Silver Maple Leaf. These purchases are often made on a monthly basis, which allows for a steady increase over the course of the year. This stacker simply enjoys watching his or her investment grow in size as time goes on.
The next type of silver enthusiast is the one who buys various different silver bullion items with unique designs to take silver stacking to a whole new level. This path is a hybrid between precious metals investing and coin collecting. This has been made possible as many special minted items that feature beautiful designs and finishes are available on the market. This type of “silver stacking” is definitely more expensive than the previous one as many specially designed products cost more money over spot than many other “generic” silver bars and rounds.
Silver is at multi-year lows of just about $15 an ounce allowing investors to buy more than triple the amount they could during the highs of 2011. With the metal down around 70% from its approximate high of $49, silver bullion is showing some investment potential for appreciation. Another consideration must be the gold-to-silver ratio. The current ratio is about 78-1 which is quite high. It is believed that a high gold-to-silver ratio points towards silver being an undervalued asset. This number is achieved by dividing the price of gold by the price of silver. People are taking notice of the potential as seen with the recent numbers released from the United States Mint. Last year 47,000,000 Silver Eagles were sold and last month 5,954,500 were sold. To say the least, these numbers are astronomical and are at all-time highs. Demand for silver is rising steadily as other investments like the stock market are not proving themselves. The fundamentals for silver are quite strong, and the metal has definitely proved itself so far this year with its price jump.
Silver Stacking Favorites
“Silver Stackers” love silver bullion in all shapes, sizes and origins. Here are some products typically seen in a “Silver Stack:”
- American Silver Eagles
- Canadian Silver Maple Leafs
- RCM and Perth Mint Limited Edition Products
- 90% and 40% U.S. silver coins
- Privately minted silver, such as Bullion Shark Bars and Rounds
The great part about “Silver Stacking” is that you design your own method. You can choose to only buy small denominations or large quantities whenever you have free cash. “Silver Stacking” is definitely more popular than “Gold Stacking” because of its lower cost allowing for a larger “stack”. This is a great way to invest in the precious metals and have fun at the same time!
Published by BULLIONSHARK - COIN WEEK - FEBRUARY 11th 2016