How do all the old timers feel about "silver stackers?"

No problem. If you need instructions on how to walk away just let me know.

 

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Yes it closed 49+. My comment was to the poster that said the high was $38.

 

If stacking makes you happy, have at it. If stacking makes you more feel more secure, have at it. Happiness and a feeling of security improve life, without a doubt.

I will say one thing: if I truly ever believe everything as we know it is about to go down the crapper, I'll be stacking Spam and powdered milk. It'll be worth a lot more for bartering than gold and silver trinkets of the "past."

Full disclosure: I have some gold stacked -- I suppose you can call it that -- as part of personal diversification.

 

$7 (split adjusted) of Apple stock in 1989 would be about $700 today.

 

Basically you kept up with inflation. Historically the dollar devalues by 3 every 20 years. You did better than what some have invested in.

I have found over the years, that buying or saving certain things I like, has turned into sort of a forced savings program. If I have it, I can always sell it. If I sell it or didn't buy/accumulate it, the money tended to disappear. The Whole Life Insurance policy works about the same way. They aren't good for much other than forcing you to save. So, if you pick wisely, and mostly something you enjoy not matter what, you are a winner.

 

On the other hand, $7 worth of Northern Telecom in 1989 is worth zero today. In 1989, NT looked like a much safer buy than AAPL.

 

I think the thing that might bother some old timers is that sometimes stackers and CRHers tend to act as if it is something new in coin collecting. When someone searches $500 and find one 40% half, and they make a youtube movie of it, it does get a bit old. I remember getting boxes of $500 halves and having 1/4 or so silver. But times have changed and if it enhances their discovery and recognition functions, that is good.

 

At what age does one become an "old timer?" I'm 69 and have been collecting coins for almost 60 years and I don't really feel too old. What do I think about silver stackers? Like many here I think what people do with their money is none of my business. If you want to stack silver, have at it! I haven't bought silver for stacking purposes for twenty five years, and what I bought back then will probably buy just as many loafs of bread as was the case back then. And, I have never watched a You Tube stacker video.

 

Anyone who refers to me as a part of "you people" (or to others as "those people") has already lost any respect I might ever have had for whatever argument they are trying to make.

 

if they can afford to stack then great maybe someday the price will hit like 1980 i made money then and am waiting for it to maybe hit again and yes i am an old time stacker and yes i did buy bar room silver dollars in the 70s as people like to drink i would give they what they would ask and sell at high silver prices and yes keep others for my collection for handing down to my kids and grandkids i say if thats what they like then do it

 

Rock it Bman!

 

wish I had the money to stack 1oz AGEs.

I have a Halogram Maple gold and the bimetal 2000 $10 coin too. The high relief 2009 is on my short list but may just remain on my list only as I'll opt for the real St Gauden one instead (and cheaper).

 

Hey I have about 20 art bars and like them so much I put them in rectangular air tites.

 

Sometimes you people get so butt hurt.

 

Perhaps you would like the number for the reservations desk at the Horseshoe Road Inn?

 

I'm wasn't solicitating your respect. Wasn't that obvious?

 

I don't have time for youtoobing videos. Too busy stacking!

From 2014 through 2015 I bought every piece of silver I could get my hands on as long as it was under or near melt value which was between $12 and $15. Some of the junk sterling I was getting at a net of under $10/ozt. Every auction I attended. Silverware, plates, bowls, candy dishes - I had a big giant box of the stuff.

I did 3 large sales of all the sterling silverware last summer. I unloaded over 19 pounds of it at over $20 melt value.

If you play aggressively and buy conservatively - set your exit points - stacking definitely works.

Then again, I'm not an old timer....yet!

 

Hey longnine, how you been? It looks likes like somethings never change. You are fighting a war that no longer exists.

 

Still exists today... Same as it did in 1974.

 

LOL If you're a serious "accumulator" who has located "quality" scarce coins since the 1950s, that can hardly be found today except in major auctions, it requires vaults rather than "boxes". There was a day when people actually had control of their investments, that Series EE "bearer bonds" could be easily purchased without being traceable, having returns greater than "The Market", and the market wasn't controlled by algorithms

If an individual had intelligence rather than just a desire to collect a specific material, they could sell cyclic "blue chips" short, against normal trends, winning bets from brokers, besides the monetary stock sales gains.

The true "stackers" of past times would purchase bags of hand selected type coins, monthly from "coin/metals" houses. The coins often were sorted for the better condition/date coins for an immediate profit sale on Yahoo/eBay/etc.. Semi-keys, Keys, scarce dates became additions to collections, with the unwanted being returned to the houses or the auction markets which had minimal fees.

This "stacking" process eventually allowed acquisition of quality certified scarce date/condition Gold coins, from firms as Heritage before there were buyers fees. Today these coins are now verified by CAC, where a "tag" generates a premium for sales and acquisition of new coins.

I believe the average "Silver Stacker" will realize a net surprise at the end of their process, which may not be better than other options.

JMHO