Jump to content
  • The above Banner is a Sponsored Banner.

    Upgrade to Premium Membership to remove this Banner & All Google Ads. For full list of Premium Member benefits Click HERE.

  • Join The Silver Forum

    The Silver Forum is one of the largest and best loved silver and gold precious metals forums in the world, established since 2014. Join today for FREE! Browse the sponsor's topics (hidden to guests) for special deals and offers, check out the bargains in the members trade section and join in with our community reacting and commenting on topic posts. If you have any questions whatsoever about precious metals collecting and investing please join and start a topic and we will be here to help with our knowledge :) happy stacking/collecting. 13,000+ forum members.

How many ounces is a good stack?


Recommended Posts

Topgun is in Texas, so Mexican libertads, American silver eagles, and Canadian maples will probably be the best starting point.  They should all be easy to sell in a hurry, if money is needed elsewhere.

How many ounces is a good stack?  Ask yourself 12 months from now, it will probably be larger than you currently think 🙂 

Link to comment
Share on other sites

Another angle to look at regarding silver is quality versus quantity.  I 'only' have about 110 oz of physical silver bullion, but every single item of silver bullion that I own gives me a lot of pleasure.  So for me, the stack is more of a collection, even though every item is bullion.  I hope that I don't need to sell any of it, but if I do, it's not going to change my life either way.

I do have a decent chunk of money invested in a silver ETF though, which is a paper stack.  I know some people have different opinions regarding ETFs, but for me, this is how I will time my silver purchases and sales.  It's just an asset to be turned into cash when the price is high.

Link to comment
Share on other sites

Of course, as has already been said, this is very subjective and will be different for everyone. Availability, affordability, aesthetics and storage (or something else that begins with 'a') are all important factors.

As a new stacker myself, I also appreciate that part of the journey, especially early on, is joining in the conversation and wetting your toes in terms of community involvement. So I welcome this type of discourse as it all helps to fuel the passion for PMs that we all share.

For me personally, my intention was to gradually build up a stack of 100oz silver over the course of 2022 alongside a 'sovereign a month' commitment. This would be the bedrock of a stacking strategy to help me protect 'wealth' (physical assets as an alternative to FIAT) over the neext couple of decades, which would supplement a pension or ultimately be handed down.

In reality, I achieved my 100oz ambition within 30 days of starting. This was as a result of having an initial budget to play with and liquidating other assets in order to convert into metal (collectable trading cards and sci-fi collectables for what it's worth).  I've also back-dated my sovereign a month intentions to the beginning of 2022, meaning I should have 12 by the end of the year.

My initial stacking spree is now over and future stacking will be at a much more even pace. But this has definitely worked for me. Having a physical stack gives me a modicum of comfort long since overdue when it comes to my own financial planning. And I also subscribe to one other aspect that's been described by others. Not being immune to bouts of 'excess' or waste, there's a lot to be said for precious metals being your hobby of choice. Buyer's remorse is lessened significantly when the thing you've bought is 'money'. And when you're in it for the medium / long term (which to me is implied by usage of the word 'stacking'), then it's easier to ride out volatility in the spot-price etc. on the basis that I'm not looking to offload my stack for a quick profit.

All this said, and in further recognition of the personalised aspect of anyone's stack, I would offer these words of advice.

Have a budget and stick to it.
Buy what you like.
Understand your motivations for stacking and purchase accordingly.
Keep asking questions.

 

Good luck.

 

FNF.

Link to comment
Share on other sites

On 15/05/2022 at 20:16, Arcadian said:

Topgun is in Texas, so Mexican libertads, American silver eagles, and Canadian maples will probably be the best starting point.  They should all be easy to sell in a hurry, if money is needed elsewhere.

How many ounces is a good stack?  Ask yourself 12 months from now, it will probably be larger than you currently think 🙂 

From what I can tell the cheapest in the US is either 'junk', rounds or Brits. The Silver Eagles have a very high premium

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
×
  • Create New...

Cookies & terms of service

We have placed cookies on your device to help make this website better. By continuing to use this site you consent to the use of cookies and to our Privacy Policy & Terms of Use