I'm looking to buy bullion silver. What do you stack and why? Eagles? Maples? Morgans? Junk 90%? Art rounds? Something else? What do you stack and why should I buy that? I really like the idea of the AutoInvest Option on Apmex, takes all the thinking out of it... just automatically buy and Dollar Cost Average. The consistency over time appeals to me; most of my savings programs are auto. I'm currently thinking 90%, but I'm willing to be swayed.
It's really up to you but I'd say silver Buffalo's if you snag them.Otherwise Eagles and Maples would be my choice,love the designs and always in demand.
All of the above is what I suggest. If you like apmex, they have sales on the premium for various products, maybe keep an eye on that.
Why not bars? Can someone tell me the draw to Eagles, Maples, etc.? Why would you want to pay the premium just to own silver in a non collecting manner?
I think bars generally don't come in very small sizes.... 10 ounce seems to be a standard size? I don't want to put that much money in right now. I think I want to buy a $10 face value once per quarter.
I see you just spoke negative of my choice but 10 oz. bars seem to be kind of the sweet spot as far as low premium yet easy to buy and sell. 90% is appealing especially mercurys and Walker/Franklin halves, they look vintage and kind of scratch my coin itch, plus you can tell at a glance that they are silver, as opposed to pre 64 Roosevelt's where you gotta check the date- and I believe premiums have come down. I like nice circulated Morgan/Peace dollars but they really are not strictly stacking IMO. They have to be really nasty to sell for melt. Some will argue for sovereign silver, I respect that but some guys got burned recently when premiums went up then fell sharply.
No, I'm not speaking negative of them at all! I'm merely saying that's more money than I want to regularly put in right now.
Here is what I like to stack: First of all, war nickels. I actually both buy and sell them at less than melt value, so it's a good option for me. I personally like the rounds for stacking because of the low premiums. Morgans can be quite high, and unless someone's willing to give you a deal, I wouldn't recommend it. That'd be something you buy to resell. Bullion coins are also a good option because of numismatic value. If you want to do this, I say to get yourself an early Eagle. Out of the Eagles I have, the earlier ones will be the best to resell, especially an '86, an '87, or another key/semi-key/better date in high uncertified condition. In other words, it's best to have a little of everything while not paying outrageous.
Quarters or halves 90% With low premiums: Eagles, Buffalos, Maples Maybe a bar but 10 oz gotta be alert for counterfeits.
Depends what's on sale Silver Eagles are the best, but often cost the most. I buy Eagles when they are on sale. Next best is Canadian Maples, but one of my favorites is the Britannias Always cheap, they look sharp and have a bunch of cool anti counterfeiting security features. I would also recommend a few stacks of silver Krugerrands.
I stack it all. Bullion Rounds Bullion Bars Junk Silver in any denomination Morgan Dollars Peace Dollars I buy whatever I can that’s cheap and close to or below spot. I even have a number of Sterling Silver pieces.
I pretty much Ecco collecting nut but lean heavy toward the vintage, the few sterling pieces I would rather convert to .999 fine.
I started stacking cull dollars then moved to ASE's back when you could buy them at spot. The thing with stacking silver is it gets very heavy in short order.... But as always, stack what appeals to you.
I own a mix of 90%, rounds (private mint 'coins'), bars and coins (gov mint nominal face value legal tender). I don't care much for anything with paint on it. Back during the last silver bull (when silver ran up to ~$50/oz), there were times when the wholesale market ran thin on supply and premiums for both buying and selling went a bit crazy on the retail market. One thing I remember clearly - the premiums on ASEs went up more than everything else. When push came to shove, Eagles were the market's preferred choice.
I really like Silver Eagles but the high premiums worry me. The spread between buying and selling seems really high. I don't think I would do very well, the way pricing is right now. Maybe I would, long term if the silver price goes way up but I'm not sure I will be around long enough to see that happen.
That's why the best way to get Eagles is through trades. If you can confirm it's real silver and get it through trading things like Indian Head cents, Liberty head nickels, and other silver, it's a great deal. Last month, I got a 1987 for roughly $21 after trading, and a 1992 for even less. That 1987 is something I won't give up for a while.