New member

[lannylad]

Totally new to stacking silver, just purchased 10 silver Britain coins. My goal is to hand over to kids in 15 years time, any suggestions on what best to buy regularly each month , thanks

[ChrisSilver]

Moved your post to a new topic in the ‘welcome new members’ section

Please do try to post in relevant sections and not try to make topics go off topic from the original post by the OP.  

Hello and welcome to The Silver Forum  

[daca]

Welcome aboard and enjoy the ride!

[Fenlander1]

Welcome aboard the forum. Best advise is don't rush, Watch and join in on threads any questions just ask there are loads of helpful people on here.

[Gordy]

welcome aboard Geordie

[James32]

8 hours ago, lannylad said:

Totally new to stacking silver, just purchased 10 silver Britain coins. My goal is to hand over to kids in 15 years time, any suggestions on what best to buy regularly each month , thanks

Top 5 steps imho to get a quick grasp on the crazy world of metals. 

1) look into a membership on here £6 and month, you have access to all and see new sales right away ( currently takes 3 days and all the good stuff is long gone)

2) get active, get involved in discussions. Ask questions, watch other people's buying habits and what sells quickest. Remember there's no stupid questions, just ignorant answers. Thankfully most are very helpful on here.

3) set a budget and stick to it, don't try to time the market, and certainly don't buy because of FOMO

4) go for a healthy mixture of both gold and silver 

5) always keep an exit strategy in mind, life can be weird at times, so try to remain liquid. 

Welcome and enjoy.

[BeastysMoltenMetals]

@lannyladWelcome to the forum see James32s post above best advice! 🤘😜🤘

[lannylad]

Thankyou for the advice very much appreciated. At present I'll probably just buy from royal mint as I don't know/ trust others.

 

Any other recommendations of trusted sites to buy ?

Also should I stick to the britania coins and just build that up to start with ? 

 

Thanks

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

[Minted]

Silver Trader is a great site for 1oz silver coins specifically.  Silver Bullion Coins & Bars - Silver Trader UK

Personally I find Britannia's a bit boring so prefer the novelty of varying designs.  Depends on whether you'd like the children to keep them or whether they're just intended to be sold to fund something else.

[lannylad]

Thanks minted, I only really considered them selling in years to come but they may carry on collecting 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

[Gordy]

For dealers, there are a few which can be cheaper than Royal Mint

Chards, Bleyer, Atkinson, Gerrards, Silver Trader

All reputable..

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

[lannylad]

Thanks gordy

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

[Gordy]

you'll find your path as you go, look at Silver Trader for collectables, Brits can be found cheaper and when you get the feel of this place, even cheaper, and Silver Trader is also based in gods country too, dont ask for a visit though... he doesnt do walk ins

[trp]

Welcome to TSF!  

[Napo]

On 07/02/2023 at 22:52, James32 said:

3) set a budget and stick to it, don't try to time the market, and certainly don't buy because of FOMO

4) go for a healthy mixture of both gold and silver 

5) always keep an exit strategy in mind, life can be weird at times, so try to remain liquid.

Top answers here. Especially 3), dollars cost averaging is the best strategy for consistent success imo when buying precious metals. Buy regularly within your budget. Don’t try to wait for the best time to buy.

Or if you want to save to buy in bulk to get cheaper prices, save and put money aside regularly.

Welcome to TSF 🙂

Edited December 16, 2023 by Napo

[Laker]

Welcome