1 kilo or 1oz coins? (Question from EU based member)

[SmilaZ]

On 02/12/2016 at 19:20, Pete said:

If you are relatively new at stacking and are still working on your first thousand ounces, go for the one ounce coins.
Once you have filled your fridge with small coins, jump into the kilo coin category as these coins are amazing and a great eye-opener showing to friends.
The bigger paper weights / door stoppers are simpler to stack as well.
Only buy the kilo coins when priced appropriately and not when they work out much more expensive that their equivalent weight in 1 oz silver coins.
Trading a kilo coin should not be a barrier but selling lots of individual coins can be very time consuming - ok as a small business perhaps with lots of jiffy bags on hand and quick ways of addressing labels etc. and a local post office without a queue every visit.

When I just want to secure some of my savings through this crisis. And I can buy 1kilo for 900 Euro, or 45 1oz coins for 1600,- euro then what should I choose? Will I just save my savings the same no matter what I buy. Or will I increase my savings more with the kilo if silver does well? 

(I just bought my 1st 20 tube eagle yesterday) 

[ChrisSilver]

I’ve moved your post to a new topic as the original topic it was posted in is over 6 years old 😄

[James32]

On 07/01/2023 at 02:32, SmilaZ said:

When I just want to secure some of my savings through this crisis. And I can buy 1kilo for 900 Euro, or 45 1oz coins for 1600,- euro then what should I choose? Will I just save my savings the same no matter what I buy. Or will I increase my savings more with the kilo if silver does well? 

(I just bought my 1st 20 tube eagle yesterday) 

Kilo has the lowest premium, therefore as a pure investment strategy id choose that.( not saying silver is for investment, due to not knowing your vat situation) 

[Littlemac]

Newbie here too. I think kg if you think you will keep it long term, oz if you think you might have to cash in sooner than later. Amount you want to invest is a factor too. 

[Stu]

Single ounces will generally attract a higher premium however people sell on multiples at a time which is no barrier. Check the sales threads here, plenty of full tubes of silver Brits etc for sale. Personally I like the 10oz coins size.