Sybilla

Hi everyone! 
I am very new, but also very enthusiast about all the new things I am learning. I am mostly gathering information at this point and thinking about what I want to do for my first purchase. Does anyone here remember the thrill of their first purchase? Feel free to share stories! 
 
I would really enjoy finding some people to talk to, I hope I came to the right place for that

They are cheap, but the reviews are bad... I never saw a webshop with so many customer complaints before.

They are cheap, but the reviews are bad... I never saw a webshop with so many customer complaints before.

I have been researching silver coin prices for multiple brands for a few days now. To me it seems that some silver coins are worth a higher premium, because they will likely also sell above spot price. 

Maple leafs, Brittania, Philharmoniks seem to have the best deal, because these coins have the lowest premiums... However when I look at selling these coins, they always go below spot price. Which is the case for most silver of course. These brands give me the impression that it is just a matter of stacking them en selling them when the price of silver goes up.

I also came across a few others brands which seem to be worth a higher premium, because they are more desirable or part of a collection. For example Kookaburra. A lot of people seem to collect every year of this coin. Older years of this coin seem to sell for an even larger premium.

Please keep in mind that I am very new (I might be completely wrong) and I researched the prices in my country, which might differentiate from the prices in other countries. However what I would like to know... Which silver coin (brands) could possible be a better investment and are worth a higher premium, because they will likely also sell for a higher price.

Hi everyone! 
I am very new, but also very enthusiast about all the new things I am learning. I am mostly gathering information at this point and thinking about what I want to do for my first purchase. Does anyone here remember the thrill of their first purchase? Feel free to share stories! 
 
I would really enjoy finding some people to talk to, I hope I came to the right place for that

Thank you, that is very helpful

I have been researching silver coin prices for multiple brands for a few days now. To me it seems that some silver coins are worth a higher premium, because they will likely also sell above spot price. 

Maple leafs, Brittania, Philharmoniks seem to have the best deal, because these coins have the lowest premiums... However when I look at selling these coins, they always go below spot price. Which is the case for most silver of course. These brands give me the impression that it is just a matter of stacking them en selling them when the price of silver goes up.

I also came across a few others brands which seem to be worth a higher premium, because they are more desirable or part of a collection. For example Kookaburra. A lot of people seem to collect every year of this coin. Older years of this coin seem to sell for an even larger premium.

Please keep in mind that I am very new (I might be completely wrong) and I researched the prices in my country, which might differentiate from the prices in other countries. However what I would like to know... Which silver coin (brands) could possible be a better investment and are worth a higher premium, because they will likely also sell for a higher price.

I already have a bunch of Google Sheets  
I am just going to add gold to them too now. I looked into silver because everyone is talking about the gold/silver ratio being favorable for silver. I guess I shouldn't have overlooked gold.

All local silver and gold shops, coin shops and even a few online coin shops (in the Netherlands and Germany) only seem to purchase coins slightly under spot. I have been making a lot of inquiries everywhere 😅
The shops do seem to offer worse prices than collectors though. From what I see here on the forum, people pay a much more realistic price.

I have been researching silver coin prices for multiple brands for a few days now. To me it seems that some silver coins are worth a higher premium, because they will likely also sell above spot price. 

Maple leafs, Brittania, Philharmoniks seem to have the best deal, because these coins have the lowest premiums... However when I look at selling these coins, they always go below spot price. Which is the case for most silver of course. These brands give me the impression that it is just a matter of stacking them en selling them when the price of silver goes up.

I also came across a few others brands which seem to be worth a higher premium, because they are more desirable or part of a collection. For example Kookaburra. A lot of people seem to collect every year of this coin. Older years of this coin seem to sell for an even larger premium.

Please keep in mind that I am very new (I might be completely wrong) and I researched the prices in my country, which might differentiate from the prices in other countries. However what I would like to know... Which silver coin (brands) could possible be a better investment and are worth a higher premium, because they will likely also sell for a higher price.

Yes, it can feel like that.
You mention silver so I'll assume that's what you're intending to as your first purchase(s). I'm also going to assume that you're using money that is specifically for this purpose (I mean, as the age old saying goes... only using money you could afford to lose).
If that's the case, you really can't go wrong.  I'm based in the UK where buying silver currently incurs VAT at 20%. This isn't helpful from an investment perspective. However, I don't believe you should have those issues. Therefore, what you'll need to be mindful of is the premium - the difference between the silver spot price and what you're paying for it (generally calculated per troy ounce (ozt)). And that is quite high - especially when compared to gold. Buying 'bigger' items - 5oz / 10oz / 1kg etc. usually brings the premium down but also pushes the unit price up depending on your budget. I believe there's usually a lower premium on bars compared to coins and rounds too... but I'm not an expert in that field. All this said..., as long as you're mindful of these factors and you're doing your due diliegence on price and vendor, then you shouldn't have too many things to worry about.
Just go at your own pace and buy things you like.
For what it's worth, I started with a view that I wanted to invest solely in silver as I believed gold to be too expensive to be viable. I've now changed my mind on that and I pick up fractional gold (individual items that weigh less than 1ozt) for my long term investment goals, whilst still buying very specific silver items that I like. Shout out to the Somali Elephant and St. Michael's shield.
You're definitely in the right place. And you're doing the right thing. Keep asking questions. This forum loves a specific question... but even a vague one is OK because we've all been where you are. And some of us aren't that far in front. 

Get your feet wet and focus in one direction, because if you ask 10 people in here you'll get 11 different answers, possibly more, as we all different budgets, goals and taste.
In my case it's very simple.
Discussed precious metals with some friends over the Winter and got curious, in March I decided to buy a couple of Silver Britannia to get started and I started researrching the market to understand what better fits my goals, in my case, I'm a stacker that would mindn't being a collector, but I just don't have the money for it. I mean, silver is pretty and have you seen those Korean shield!? 😍 I still can't afford them, so I try to ignore those threads, but they are so pretty...
Anyway, at this point is when I decided how to move and I wrote the above post, Strategy, I don't like Silver, am I wrong? For my perspective, late to the game and on a budget, I felt served best by low premium items, which means gold, as Silver premium are ridicolous and they are topped by VAT. I reached a compromise by buying mostly gold, occasionally getting the odd Silver coin (presently decided to focus on the Tudors) and then looking around for silver scrap, that's how I fell in love with half crowns and florins. I then got some some copper rounds, but that's because I grew up playing D&D, WoW was a good chunk of my life and I really want to have coppers around the house, also, decided to display some coins on a shelf and I thought they looked nice.
And they do look pretty, I've seen a nice Mayan copper round that I want to get at some point.
Also, I think many are not sharing because they have shared time and again, there ar plenty of good threads around
 

Hi everyone! 
I am very new, but also very enthusiast about all the new things I am learning. I am mostly gathering information at this point and thinking about what I want to do for my first purchase. Does anyone here remember the thrill of their first purchase? Feel free to share stories! 
 
I would really enjoy finding some people to talk to, I hope I came to the right place for that

Back to the step for everyone, sorry OP 👀

Thank you Stefan! That is very helpful advice  

Hi, Sybilla!
It is very difficult to predict how your silver will sell in the future and how much from the premium you have paid will be recovered when you will sell. It is a lottery.
All of us been fascinated about shiny and beautiful coins and all of us have overpaid at beginning for first ounces of silver.
All of us have learned quick that stacking silver and collecting coins are two different leagues.
Stacking is accumulating for weight at the best price possible, collecting is paying sometimes high premium for our pleasure and/or vanity. 
My advice is to start accumulating first looking at the best price possible, and in time, after gaining more experience in coins and precious metals you can start buying what do you like.
Keep an eye on Buy/Sell UK section. Because it is the most active section on forum, you will check and learn very quick about the real market prices for silver bars and coins. You will see that the correct priced coins will sell in minutes and others will not sell. You will see also in real time the real demand for silver.
Good luck in your journey!🤗
Stefan.
 

I have been researching silver coin prices for multiple brands for a few days now. To me it seems that some silver coins are worth a higher premium, because they will likely also sell above spot price. 

Maple leafs, Brittania, Philharmoniks seem to have the best deal, because these coins have the lowest premiums... However when I look at selling these coins, they always go below spot price. Which is the case for most silver of course. These brands give me the impression that it is just a matter of stacking them en selling them when the price of silver goes up.

I also came across a few others brands which seem to be worth a higher premium, because they are more desirable or part of a collection. For example Kookaburra. A lot of people seem to collect every year of this coin. Older years of this coin seem to sell for an even larger premium.

Please keep in mind that I am very new (I might be completely wrong) and I researched the prices in my country, which might differentiate from the prices in other countries. However what I would like to know... Which silver coin (brands) could possible be a better investment and are worth a higher premium, because they will likely also sell for a higher price.

Hi everyone! 
I am very new, but also very enthusiast about all the new things I am learning. I am mostly gathering information at this point and thinking about what I want to do for my first purchase. Does anyone here remember the thrill of their first purchase? Feel free to share stories! 
 
I would really enjoy finding some people to talk to, I hope I came to the right place for that

Hi everyone! 
I am very new, but also very enthusiast about all the new things I am learning. I am mostly gathering information at this point and thinking about what I want to do for my first purchase. Does anyone here remember the thrill of their first purchase? Feel free to share stories! 
 
I would really enjoy finding some people to talk to, I hope I came to the right place for that

Thank you all for the warm welcomes

Be very careful going onboard.
TSF members are notoriously unlucky with boating accidents!
😎

Hi everyone! 
I am very new, but also very enthusiast about all the new things I am learning. I am mostly gathering information at this point and thinking about what I want to do for my first purchase. Does anyone here remember the thrill of their first purchase? Feel free to share stories! 
 
I would really enjoy finding some people to talk to, I hope I came to the right place for that

Hi everyone! 
I am very new, but also very enthusiast about all the new things I am learning. I am mostly gathering information at this point and thinking about what I want to do for my first purchase. Does anyone here remember the thrill of their first purchase? Feel free to share stories! 
 
I would really enjoy finding some people to talk to, I hope I came to the right place for that

Hi everyone! 
I am very new, but also very enthusiast about all the new things I am learning. I am mostly gathering information at this point and thinking about what I want to do for my first purchase. Does anyone here remember the thrill of their first purchase? Feel free to share stories! 
 
I would really enjoy finding some people to talk to, I hope I came to the right place for that