Shep

2022 Double Sovereign PF70 UC to add to the special reverse collection. Heres hoping there won’t be another for a while!
 

2022 Double Sovereign PF70 UC to add to the special reverse collection. Heres hoping there won’t be another for a while!
 

2022 Double Sovereign PF70 UC to add to the special reverse collection. Heres hoping there won’t be another for a while!
 

2022 Double Sovereign PF70 UC to add to the special reverse collection. Heres hoping there won’t be another for a while!
 

2022 Double Sovereign PF70 UC to add to the special reverse collection. Heres hoping there won’t be another for a while!
 

2022 Double Sovereign PF70 UC to add to the special reverse collection. Heres hoping there won’t be another for a while!
 

2022 Double Sovereign PF70 UC to add to the special reverse collection. Heres hoping there won’t be another for a while!
 

Hi, @FourNinesFine
I will tell you what I am thinking about stacking silver. It is the same answer for the question asked by @Bigmarc in April 2021 in another very interesting topic on forum:  "How much silver to hold? " see https://www.thesilverforum.com/topic/46885-how-much-silver-to-hold/?tab=comments#comment-500609.
 
So, I've done copy/paste on here to answer at your very good questions about silver. My calculations from April are still pretty accurate even in after one year, at that moment the silver spot price was £18.42/g, very close to £19.04 at the time of typing. I didn't check again the silver prices at dealers to update everything, but this is the idea:
 
" I believe the real potential of silver is in spot price, not in premium. So, now I am stacking only low premium silver, very easy to sell near spot price (1000g,  500g bars, old british currency, and scrap ). I sold already all high premium coins and I've converted all in sovereigns and another silver low premium.
Why? Because in next future the industrial demand will generate a rise in spot price and my stack's value will increase and I will do profit only waiting. The shiny silver coins ( now at spot + 60-95% ) will lose from their high premium when the spot price will be high. The market demand will be for cheap silver, not for expensive coins. 
I can't understand why people are interested to pay now for a silver 1oz coin £28 - £35, equivalent at £18.42 spot price + 52% to +95% premium, when the same metal can be bought easy at 0 to 30% premium in a different shape. I am not talking about numismatic or collectible products. This is another story, I don't know this game, I am talking only about pure stacking.
About quantity... Depends on your style of life, your age, your plan of retirement, depends on what you want to give to next generation. But a minimum one is around 15kg silver and equal value in low premium gold in your stack.
This is my opinion, I am not a guru in PM, but I prefer to stay safe, speculating only the spot price and ignoring high premium products. 
 
Let's imagine a scenario, using today's spot price £18.42/oz silver and a future potential spot price x2.5 = £46.05/oz silver.
 
John bought today from a dealer 1 kg bar, paying £790.62, VAT and shipping included. This is £24.58/oz, +34% premium.
Jane bought today 32oz (app.1 kg) silver Royal Arms and she paid £1129, VAT and shipping included. This is £35.28/oz, +91.5 premium.
After few years, the spot price is £46.05/oz = £1480.7/kg and it is time to sell. 
John will sell quick 5% over spot, having in hand £1554.7. His pure profit is £764/kg.
Jane will struggle to sell at 30% over spot, but because the spot is so high, she will accept finally only 10% over spot, having in hand £1628.7. Her pure profit is only £499/kg.
It is a difference of £265/kg between John and Jane. If the stack is 15kg, the difference is £3975.
 
But let's talk about Bob. He bought today 1kg scrap silver at spot price. He paid £592. He sold his silver in the same day as John and Jane at spot price, having in hand £1480.7. His pure profit is £888.5.
Position in this game:
1. Bob:   £888.5 profit/kg;
2. John: £764 profit/kg;
3. Jane: £499 profit/kg.
 
This is rough, because in reality, Bob was able to buy more scrap than John and Jane, using the same money.
If we are talking about the same money invested, the difference is huge.
 
Let's compare now only Bob and Jane, to be more visible this difference.
Jane paid £1129/kg for Royal Arms and Bob used the same money, buying 1.9kg scrap silver.
Jane is selling after years at £1628.7 with profit £499.
Bob is selling after years at £2813.3 with profit £1684, with a difference between them of £1185.
If the stack is 15kg, the difference of profit between Bob and Jane is £17775.
 
This is the reason I am trusting in spot price, not in premiums.
I hope my explanation was clear enough for all new stackers. I know, it is difficult to see the real potential of scrap. But from scrap to treasure it is only a little step.😊 When you will see here scrap silver at spot price, do not hesitate and buy quick!😁
Happy stacking, guys, happy stacking! "
Kindest regards,
Stefan

2022 Double Sovereign PF70 UC to add to the special reverse collection. Heres hoping there won’t be another for a while!
 

Thanks @Charverdude for this Silver Proof Piedfort set.


 

2022 Double Sovereign PF70 UC to add to the special reverse collection. Heres hoping there won’t be another for a while!
 

2022 Double Sovereign PF70 UC to add to the special reverse collection. Heres hoping there won’t be another for a while!
 

Finally got my replacement Gothic Crown Victoria back from the RM, this one looks good to be fair 

My Kooaburra gold 1/10th’s collection is becoming pricey, as I’m using EMK (wish I could find a U.K dealer but several enquiries drew a blank 😔)
Still, just love Kook’s in any form and this is the cheapest way of date running in gold for my kids.

2022 Double Sovereign PF70 UC to add to the special reverse collection. Heres hoping there won’t be another for a while!
 

2022 Double Sovereign PF70 UC to add to the special reverse collection. Heres hoping there won’t be another for a while!
 

2022 Double Sovereign PF70 UC to add to the special reverse collection. Heres hoping there won’t be another for a while!
 

Hey Shep,
It's a good and valid question and I'll try and be honest in my reasoning. Just be gentle with me if what I say doesn't tally with conventional wisdom (or makes me sound nutty). As I say, I am brand new to this.
I think the easiest way to explain my thinking is just in terms of 'time'. I see gold as a means of providing long-term wealth insurance, and when I say wealth, I just mean converting what I have from FIAT into PM - I am not a 'wealthy' person.
So with gold, I'm looking at what it could mean to me either in retirement or in handing something to my children. Which means I can just add to the stack sequentially over the years, topping up in whatever quantities I can afford.
With silver, it's more about more immediate protection. Having a means of currency / barter that is outside of the traditional banking system, but in denominations and with a value that is much easier to use for smaller transactions. Plus...assuming the 'end-times' don't arrive any time soon, it's something that I'd be happy liquidating in line with any of the 'spikes' that may occur in the silver price in the future. As stated, once I hit my (arbitrary) target of 100oz silver, I'd be looking to rethink.
That's it really. As I say, I'm really only just dipping my toe and looking to balance the near future with the long-term future.
And for what it's worth, I find silver more aesthetically pleasing - but that's by the by. 
Thanks for taking the time to reply, I appreciate it.
FNF.

Got this lovely lot through the door today thank you so much to @DuncanWylieWilson for allowing me to gather such a wonderful collection I'm delighted and some stunning coins also my world gold stack is growing too! Thanks again I really appreciate all your hard work you rock 🤘😜🤘

Like many others I stack sovereigns with a view to augment my pension when (if) I retire. I also stack so that I can hopefully afford to give my children some security when they’re older (although they won’t know about it until such time I’m confident they’re not financially delinquent).
I inherited a portion of my stack when my gran and grandad died unexpectedly. My grandad stacked sovs so that they could both have a nice retirement. They never got to enjoy it as they should have and this always plays heavily on the back of my mind. I’m careful with my money but I also try to be mindful not to miss out on today with my family for the sake of tomorrow which may never come.
Just as an aside, does anyone else look at their 100+ year old sovereigns and wonder how many people owned these before me, and likely had the exact same goals? The gold in these coins will be and has been forever, we’re just the temporary custodians of it.

There are definitely worse things to be addicted to 🤷‍♂️

Thanks to @AgD and @sovereignsteve who proved the old adage if you don’t ask, you don’t get works. These nice 2005 Australia proof sovereign’s have turned up last few days for me.

Big thanks to @arshimo2012 
 

I've been paying close attention to the kidney to silver ratio recently and I feel like it's almost time to play the ratio and make a trade 

Like many others I stack sovereigns with a view to augment my pension when (if) I retire. I also stack so that I can hopefully afford to give my children some security when they’re older (although they won’t know about it until such time I’m confident they’re not financially delinquent).
I inherited a portion of my stack when my gran and grandad died unexpectedly. My grandad stacked sovs so that they could both have a nice retirement. They never got to enjoy it as they should have and this always plays heavily on the back of my mind. I’m careful with my money but I also try to be mindful not to miss out on today with my family for the sake of tomorrow which may never come.
Just as an aside, does anyone else look at their 100+ year old sovereigns and wonder how many people owned these before me, and likely had the exact same goals? The gold in these coins will be and has been forever, we’re just the temporary custodians of it.