why are you stacking still

[silvernewbie]

21 hours ago, craig12 said:

i remember buying 10 oz bars sunshine mint from atkinsons for around £159 ish  and full used soverigns were £196 oh the good days

I pay £210 for 10oz bars today from canada, so not far off! 

[SidS]

I don't think about spot price, I don't think about investment, I don't even think about resale.

I have one simple philosophy; if I see something I like, and I have enough spare cash and the opportunity to acquire it, then I buy it.

I was a coin collector formerly and used to try and collect the best or what was considered collectable. I had a nice run of 17th century sixpences and Victorian sovereigns. Until I sold them all.

More recently, I've moved to lower grade/damaged and less numismatically useful coins, and you know what, being able to handle coins and play with them without worrying about damaging them has been a real revelation to me. They've been used, seen history and I have come to appreciate them far, far more. I also have handled a much wider range of material. I actually enjoy the hobby more now. Although, I guess I'm more of an antiques amateur now than anything else.

As for the future, I will sell some things, but many things I'll probably hold onto until I kick the bucket, and then I'll leave them to those I care most about to do with them as they wish.

[KitboyE17]

We don’t have kids so every oz of silver/gold bought is MINE! (Well ours lol) I buy gold as a retirement asset but buy silver coz - as I’ve said many times on here before - I love pirate treasure!

One thing that has dawned on me however, during this crazy covid time - is how difficult it has been to off load PMs with all the PM shops closed, travel restrictions and the general difficulty to our day to day lives.

We consider PM’s a safe asset during turbulent times. You can’t get much more turbulence at the moment than covid! If it wasn’t for the Silver Forum members who have continued to buy/sell during this time then I question how effective offloading assets would have been.

[Coolsmp]

The internet (and the Silver Forum) is an invaluable resource of bringing like minded people together to share a common interest who ordinarily would have never have met. 

[Hunter87]

I’ve only recently got into stacking within the last year, I became fed up with buying things that ultimately wouldn’t hold there value if I decided I needed to sell them, I might as well have been pouring money down the drain. 
Luckily for me I realised my mistake early on in life as I’m only 32 although I wish I had of bought precious metals or saved the cash sooner but you live and learn. I don’t have a car, kids or a mortgage and my only expenses are rent, food and a monthly travel card so whilst this is the case I intend to put a large proportion of my wages into my savings and PM’s which for me scratches the buying itch and if I need too I can easily convert my gold/ silver back to cash as and when needed.   

[Bigmarc]

Hi I am a new member and this is my first post. 

I was Drawn to this question straight away. Up until last year a didn't even realize I was a stacker or there was any such thing. I am 43 years old and it all started when I was a child and my parents brought me a gold st Christopher, I didn't like it at all and knew I was more of a silver man. As I grew up I became a engineer. I worked all over Europe. Now, silver coins seem to be more of a thing everywhere but the UK. In Germany they even advertise them in the banks. Every time I went to a city, I would get a coin or two. Even when I went away with my mates I would be laughed at when I whisked myself away to find a coin for a afternoon. I have a great collection now with many different pieces. 

Lately as the premiums were up and due to boredom in the first lock down I started looking at pre decimal coins. I also found backyard bullion Chanel on YouTube. This is the moment I found out that stacking was a thing. My aim is to sell the pre decimal ( its not my thing) and buy a few more nice pieces. As for why I do this, I like the artwork, I am drawn to silver, and I suppose it's a free hobbie. I do think silver is a investment and will go up in value but not for many years, it's either that or buy endless amounts of plastic from Amazon.

Thanks for the forum

[dmcac]

Paper is paper.(more digital, costs 0) 

Silver is money. 

We could could talk for hours why you should put your currency into real hard assets, specially during this times.