We are playing a dangerous game, aren't we?

Anytime I read an silver investing article or watch a video they all seem to be against the numismatics, with
"oh stay away from all the slabbed coins and they are dangerous"
" coins are such a risk"
"certifying coins are a waste of money"

I feel we have a negative light with the silver stacking community, agree?

 

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I have a negative light with science deniers, but I just ignore them as damaged. I don't mind being around people who hoard shiny things, I do also in moderation for my own reasons.

 

There is truth to part of what they are saying. There are risk, they can be dangerous and coins can be a waste of money. It's a hobby. The cost of buying and selling is much greater than stacking.

 

I'm a chemist, and I have a problem with stuff pushed as science that is just fear. Radiation is the biggest one.

 

I like them all the same, especially in mint state.

 

Imagine if no coins (or jewelry) were made of silver.
All the extra supply of silver (less uses for it)
thus pushing the price of silver further down
creating even more conspiracy theorists of why that is.

It's just like used car salespeople ...

Can I interest you in an Metal IRA ?

 

Can I keep them at home and get a free safe like the ads say???

 

I really don’t care what the silver stacking “community” thinks about my hobby. I think they need to be driving around in a little clown car — but I keep that to myself.

 

silver stackers can say what ever and keep stacking silver. I get so much more out of my coins.... art, history, rarity, talking coins with other coin collectors. I can loose myself in a beautiful coin. I can be envious of someone else's coins. Can you loose yourself in a pile of silver ? gold ? maybe gold(numismatic gold) lol.

 

if you are in coins just for an investment only then you might not be getting the full enjoyment out of your coins.

 

OP: If you go up to a temple in the Himalaya Mountaians you'll probably find numismatics shown in a negative light. Get used it. If stackers' negative light is steering people from numismatics, so what? The result will be less price pressure. That should only bother people who want to see price pressure. But oh no, we all know everyone collects strictly for pleasure.

Yeah, right.

IMO, there are purist collectors who care nothing about profit and are mostly interested in the scholarly side. I don't believe there are many of them.

Most of us, I think, are just kidding ourselves. We should all own a Fugger stamp so we can see what someone who was never confused about the profit motive looks like.

 

I sleep with my company’s profit & loss report. You better believe I am motivated by profit. That means I have more to blow on coins.

 

What does the price of silver or how much the silver is worth, have to do with our silver coins? If it is a rare coin, a grail coin, a sentimental coin, no matter what coin we have, how much it is worth is usually on whatever the seller decides, marking down from what the seller sells it for, just simply means, the seller is in the need of financial ends to get by... which is a good thing for the collector/buyer and the one selling, right? The silver hoarders, may have us all by netweight, but we coin collectors back our silver prices up by date, so let them have their chump change with their fluctuations in prices, for I do not collect any of my coins abiding whatever they say the price of my piece of historic silver treasures... IMO+My two cents=worth more than what they claim my silver is worth. Cheers!

 

pure silver stackers put no worth to anything but the spot price of silver.
it's like LCS that buy ASEs from people and put no value to the difference between BU and Proof ASEs; except when they sell them.
to each their own …

 

I bought some Peace Dollars last year.
Tomorrow I'm filing for bankruptcy.

I wish someone would have warned me.

 

I have Coin collecting as a hobby and silver stacking covered. I do both to excess!

 

I hope folks are enjoying their coins because they are one lousy “investment.”

 

I'm sure I will sell at a loss with most of my collection. Maybe some coins will balance things out a bit but not enough to call it a good investment. I see the hobby as an investment of having fun.
Not many hobbies have much cash value when you go to sell. I'm happy, I picked coins.