Noob saying Hi

[KonradCurze]

Greetings, im a new stacker (less than a year). Learned about this forum from backyard bullion on YT. Currently have 30oz of silver, almost all of which are britannias. Any adivce for a newby to this hobby/wealth building tool is appreciated. Intrested on peoples thoughts on stacking non UK mint items like American eagles.

[ChrisSilver]

Hello and welcome to The Silver Forum  

[Agpanda]

Hi and welcome from Sweden!

[blackadder]

Hello and welcome

[daca]

Welcome aboard and enjoy the ride!

ASE are overrated, you've seen too many YT videos from US base stackers.  Want quality go for Perth mint coins (no kangaroos).

 

Edited September 5, 2022 by daca

[BackyardBullion]

Awesome to hear you come over from YouTube! Welcome to the forum!

[sixgun]

Don't get ASE's. They used to be reasonably priced in the past but since Silver Squeeze the prices edged up and up. There are shortages of ASE so premiums are high. Now they are too much.
i would stick with whatever silver coins are good value - so no specific coin just whatever you see that is good value. 
i would also get some half and full sovereigns. Plenty come up on the forum selling section. Since Brexit in the UK you can't easily access the cheaper silver coins in Europe so unless you see well priced silver on TSF i would now switch over to gold.

Edited September 5, 2022 by sixgun

[LawrenceChard]

3 hours ago, KonradCurze said:

Greetings, im a new stacker (less than a year). Learned about this forum from backyard bullion on YT. Currently have 30oz of silver, almost all of which are britannias. Any adivce for a newby to this hobby/wealth building tool is appreciated. Intrested on peoples thoughts on stacking non UK mint items like American eagles.

Although I like silver, you pay a higher premium than for gold, plus VAT.

IMO gold is a better investment.

Buying silver coins will give you more pretty coins to look at for your money, but you are paying for the privilege.

Nothing much wrong with Britannias, and no good reason to prefer US silver eagles.

There is an excellent and impartial Advice Guide for UK Bullion Investors available online.

Modesty prevents me from telling you who wrote it, and providing a link to it.

Although I do like to make llfe easy for people, I don't want to fall foul of "self promotion"!

😎

[LawrenceChard]

45 minutes ago, sixgun said:

Don't get ASE's. They used to be reasonably priced in the past but since Silver Squeeze the prices edged up and up. There are shortages of ASE so premiums are high. Now they are two much.
i would stick with whatever silver coins are good value - so no specific coin just whatever you see that is good value. 
i would also get some half and full sovereigns. Plenty come up on the forum selling section. Since Brexit in the UK you can't easily access the cheaper silver coins in Europe so unless you see well priced silver on TSF i would now switch over to gold.

Whenever I see "ASE's" or even "ASEs", I think "Asses", or even ARSES which are often rated as more desirable.

@sixgun is right about gold!

😎

[sixgun]

5 minutes ago, LawrenceChard said:

There is an excellent and impartial Advice Guide for UK Bullion Investors available online.

😎

You mean this advice guide?
https://www.chards.co.uk/blog/advice-guide-for-uk-bullion-investors/1041

[LawrenceChard]

2 minutes ago, sixgun said:

You mean this advice guide?
https://www.chards.co.uk/blog/advice-guide-for-uk-bullion-investors/1041

That's the one!

😎

[Rookie]

1 hour ago, sixgun said:

Don't get ASE's. They used to be reasonably priced in the past but since Silver Squeeze the prices edged up and up. There are shortages of ASE so premiums are high. Now they are too much.
i would stick with whatever silver coins are good value - so no specific coin just whatever you see that is good value. 
i would also get some half and full sovereigns. Plenty come up on the forum selling section. Since Brexit in the UK you can't easily access the cheaper silver coins in Europe so unless you see well priced silver on TSF i would now switch over to gold.

If you wouldn't mind, what would you call well priced silver at the moment? <£20 per oz?

[trp]

Welcome to the forum!  

[sixgun]

6 minutes ago, Rookie said:

If you wouldn't mind, what would you call well priced silver at the moment? <£20 per oz?

Looking at the selling section of the forum i see recent lots that have gone up - there is a member who put up some Britannias "25 x 2022 1oz Silver Brittanias £530 + postage." - another was "2013 silver Britannias mint sealed tube £450 delivered"

These seem a decent price. You are really going to struggle to get decent coins for under £20/oz. You can get old circulation 50% coins for less - certainly less than £20 and you might find some more collectible coins in a lot but in general they aren't much collected, hence there isn't much premium. 

[Rookie]

@KonradCurze welcome from a fellow Noob!