Mark1234

Hi Lawrence. 
Just bought some coins of you on Friday. Getting them tomorrow looking forward to it 
 

Collector items have certainly increased in value since last year, i think mainly to do with lockdown etc. ie Retro gaming stuff have rocketed in price, not to mention collectable cards😁.
Yeah I also considered the doy privys and i think they were £35 a pop but at the time I couldn't be bothered with the hassle of selling them also I didn't want to be that guy lol. Good luck with them and Im sure you get more than cost price when time comes to sell. The scottsdale stacker coins and bars looks nice and the liberatads, theres a 1kg coin for sale now and I have been keeping a keen but distance eye on it lol. I have been trying to look for a set of queens beast for around £650-£700 but no luck yet.  Initial i did plan on building a monster box of britannia but i have been massively put off with them due to milk spots 😭.
If we assume spot stays the same etc then its ok because a ounce is a ounce and can convert into what the value is at the time. At least we can look and hold at shinny things . But it will be a real bugger if its worth less come time to sell.

not involved in junk, I may be very wrong.

I tend to think of the other assets and tangibles with this and the more rarer the coin, wine, watch or lego set - the more it will hold or increase in value. That makes more logical sense to me given the high prices now. Im not yet confident in proofs though. 

Not sure if it was a good decision or not (as they can make a lot more) but I bought quite a few dog privy brits recently as they presented good risk rewards. Also I like the Scottsdale & liberatads - should at least hold value. Queens beast series is a good example over the standard Biritanisa bullion for long term I have a few sets. In 20 years a whole set in a box should command better prices over the spot at the time.

Lets assume spot may be the same & junk will also follow suit & not accrue value. 
With a cyclical asset/commodity this is very possible. 
I have a 5kg copper bar in my safe though, that may make a good door stop at the same time. 

That pre 1947 stuff is nice as you can buy loads and feel like you're getting value for money, 😁. But the new shiny stuff looks nice and they are always calling my name out, 😀 especially the ones from the perth mint. Been meaning to get a kilo silver bar but haven't managed to yet, I just want to feel a hefty bar in my hands. But im just trying to keep a narrow focus as theres too many temptations. 
I feel nothing is at a decent price no more 😭.
My proudest moment so far is that I found a new hobby and can fulfil my lust of buying things that hopefully wont depreciate in the long run, lol. Like where tf have I been living? feels like under a rock! 

I will hold you on a wager for that.
Cost is 2 ounces of silver (at todays spot rate £19.75) - the contract runs out in 2 years from today*
This includes random dips, so its not limited to a week, month etc. 
Like the gold price today. 


 

I think Silver has good potential.
I have some Platinum but I think ill be selling that in a couple of years because of its use case drop off. 
I don't think Bitcoin will crash and burn. Its ridiculously volatile but I don't think crypto is going anywhere that's why I have a position in it.  
I had heard out this basel thing until yesterday so I am going to have a look into it. 
 

I think everyone will agree that the future price of any precious metal is unknown and is just guess work, i think that average cost will only really matter if you plan on selling in the next couple of years. My stack will be for when i retire and that's off far in the distance, so my average is likely to be less than the price in 15 yrs plus so that does the job for me, also worth thinking that as the years go on, more coins will be lost from each year, so what you buy common now will might be irregular or maybe close to rare in the future
I think if i were to start stacking now, i would go for old UK silver like Half Crowns and the like, a lot easier to get close to that £20 mark at the moment, won't spot and the designs are stunning  tbh that's what i buy now except for a few to continue my yearly sets.

Hi Mark1234,
I also had this question in my mind the other day. What is the average cost of new stacker that started in 2021.
You managed to get it under £23 which i think is excellent for 2021. My average is currently at around £29 and thats only because i only buy government backed silver and just recently bought some high premium stuff (if you can call 10oz griffin a high premium item) just to look at and see what all the fuss is about, that price doesn't include my pre 1947 silver which would bring it down, also I don't have alot of silver tbh.   
I think its because of FOMO and that is why its so high and thats ok, I had to start somewhere. I am moving to gold now after 3 months of buying silver.
My research has found if I bought gold at the same time, It would of been a better investment at this moment in time however not looking to sell anything anytime soon so its irrelevant for me. 
All in all, I found is that its tough being a new stacker in 2021 but im so happy to start .  
How have you found the journey? 

We will never see £12 silver again. 
i do not know what my average price is. i have bought at £12. i got 100 Somali Elephants in a special offer from Silver-to-go - it worked out at £11.85 delivered. The exchange rate was decent and it was a special offer. I never ever expect to be able to repeat deals like that, not even on the forum. My advice is to buy when you see value. The authorities have finally admitted there is inflation in the system. Physical assets won't be dropping significantly in price when currencies are going down the toilet. 

Depends what your stacking. 

Bullion brits and stuff, I prefer to wait until they come down to £14 spot or there abouts. 
More specialist stuff ideally £17. 

More interested in gold as per the above, but I find that expensive too, when looked at in a macro cyclical way. 
I can see £900 gold again at some point in the next 20 years. 
But I do think cost averaging has its place, I was trying to buy a son a month, when its not at all time highs. 

Decided to buy whiskey and rum instead for now.

@Mark1234, congrats on having a nice bar.  That's one of the difficulties of having a large bar, it reduces the number of people that is able to buy it from you.   But since you are not selling it, it's a moot point.  Enjoy looking and handling your bar, it's a keeper!

NOT FOR SALE
 
Hello Everyone as someone who's never sold any collectable silver bars I am just wondering what would be a good % over spot to charge. Or even what someone on this forum would be willing to pay for something like this which I managed to pick up at a pretty reasonable price considering everything going on. I am planning on holding this for the long run just thought id ask your thoughts.
Iv done some research and found one on https://allengelhard.com/the-collections/ag-12-kilo-kilo/ which says less that 50 have been minted. 
Nice to have the forum back up
Thanks 
Mark
 
 

@StackSellRepeat Not really sure what you mean by the "quarter" but I got in off a dealer who sells Antique silver spoons primarily. Decided to shoot him an email since he buys silver to see if he had any bullion to sell and this is all he had so pretty lucky in that respect. 

Very lucky Mark, Congratulations  

@StackSellRepeat Not really sure what you mean by the "quarter" but I got in off a dealer who sells Antique silver spoons primarily. Decided to shoot him an email since he buys silver to see if he had any bullion to sell and this is all he had so pretty lucky in that respect. 

I wonder if the Bar was made by JM for this company:  https://www.cnrood.com/en/our-story 
@StackSellRepeat perhaps you have come across one of these bars before?  
 
 
 

Rich not Info on this unfortunately, @Mark1234 Did this come from the quarter ? 

I would say the bar is worth what ever you paid for it,because you liked it and wanted it,its a good looking bar,I would like it.
As you say,your keeping it long term so just on weight alone it will hold or grow its value,as you have done the research on it,maybe make a file to keep with it,so in the future you decide to sell it you can pass the relevant interesting details and history to the potential purchaser,and you can have fun finding out about your acquisition.

i think you are going to struggle to find similar having been sold recently. So as Stefffana says you don't have a guide price. You might say to yourself - that bar is worth a grand or maybe £1500 - but you are unlikely to get as high as that. Members are more often than not looking for as much silver as they can for the money except in very special occasions which usually relate to special coins.
ps i now see you put Not for Sale - the value of something is whatever it will sell for, hence the repeated comment to selling such a bar.

Hi, @Mark1234,
When you want to sell something with a very low number minted, can be difficult because there are only very few collectors willing to pay a high premium and that premium is almost unknown because you can not compare with something similar on the market. I have tried as well to sell on this forum some almost unique coins, with Numista rarity index 95 and 97 and I was unable to sell them even with a very low premium of 19%, because everybody is looking only to buy close to spot price.
My advice is to open an account on a big online auction house with high visibility all around the world (for example Catawiki) and to try to sell it there, highlighting especially the rarity of your silver bar. Set up a starting price from 100% premium + fees + shipping and wait to see what is happening. You will be surprised to see bidding from Japan, Singapore, Luxembourg, Hong Kong, etc. 
Good luck and I wish you all the best!🤗
Stefan.

They also advertise there bars without VAT added but when you check your basket the VAT is added so just be aware of that. 

NOT FOR SALE
 
Hello Everyone as someone who's never sold any collectable silver bars I am just wondering what would be a good % over spot to charge. Or even what someone on this forum would be willing to pay for something like this which I managed to pick up at a pretty reasonable price considering everything going on. I am planning on holding this for the long run just thought id ask your thoughts.
Iv done some research and found one on https://allengelhard.com/the-collections/ag-12-kilo-kilo/ which says less that 50 have been minted. 
Nice to have the forum back up
Thanks 
Mark
 
 

NOT FOR SALE
 
Hello Everyone as someone who's never sold any collectable silver bars I am just wondering what would be a good % over spot to charge. Or even what someone on this forum would be willing to pay for something like this which I managed to pick up at a pretty reasonable price considering everything going on. I am planning on holding this for the long run just thought id ask your thoughts.
Iv done some research and found one on https://allengelhard.com/the-collections/ag-12-kilo-kilo/ which says less that 50 have been minted. 
Nice to have the forum back up
Thanks 
Mark
 
 

Even with VAT, it is cheaper than other dealers. They are doing a great job.

They also advertise there bars without VAT added but when you check your basket the VAT is added so just be aware of that.