Silver Stacking

I was thinking about…

Silver Stacking

By Andy Lee

Silver stacking is the hobby of accumulating silver bullion, such as silver bars and coins. Silver stackers are motivated by a variety of factors, including the belief that silver is a safe haven asset, the potential for silver to appreciate in value, and the enjoyment of collecting silver.

Silver stacking can be a relatively inexpensive hobby, as silver is available in a variety of forms and prices. Silver bars are typically the most affordable option, followed by coins and rounds. Silver stackers can also purchase silver jewelry, but this is typically more expensive than other forms of silver.

Some of the most popular products that should be included in your stack are:

• American Silver Eagle – Also known as ASEs are the most popular and recognizable silver bullion coin in the world. You can easily buy and sell them in many places. The US Mint produces a very high-quality strike with each ASE.

• Canadian Silver Maple Leaf – The Silver Maple is the second most popular silver bullion coin in the world, following the Silver Eagle above. This lends to its availability and liquidity. The Royal Canadian Mint continuously improves the design over the years with security features like radial lines, micro-engraving, bullion DNA technology, and more.
• Silver Buffalo Rounds – Though privately minted, this silver round maintains a high-quality strike and exceptional relief.  You can purchase Silver Buffalos at a lower premium than many sovereign-minted products.
• Silver Bars – Most silver bars are made with .9999 or .999 fine silver. These can usually be bought at a lower premium.
• 90% Silver “Junk” Coins – Buying junk silver allows you to invest in the metal for relatively low premiums (though they do fluctuate). These coins carry historical and numismatic significance. Junk silver coins come in small sizes and varieties, making it easier to sell small increments of silver.

Once you have purchased some silver, you will need to store it safely. Silver is a soft metal, so it is important to store it in a way that will protect it from damage. Silver can be stored in a variety of safes, vaults, or other storage containers.

Silver stacking can be a fun and rewarding hobby. It can also be a wise investment, as silver has historically held its value well. If you are interested in learning more about silver stacking, there are several resources available online and in libraries.

Here are some of the benefits of silver stacking:

• Silver is a safe haven asset. This means that its value is not as volatile as other assets, such as stocks or bonds.
• Silver has the potential to appreciate. In the past, the price of silver has increased significantly.
• Silver is a tangible asset. This means that it is something that you can hold in your hand and that has intrinsic value.
• Silver is a fun and rewarding hobby. It can be a great way to learn about history, economics, and finance.

If you are considering silver stacking, there are a few things you should keep in mind:

• Do your research. Before you start buying silver, it is important to do your research and learn as much as you can about the hobby.
• Start small. When you are first starting out, it is a good idea to start small and build your stack gradually.
• Store your silver safely. Once you have purchased some silver, you will need to store it safely. It is important to store it in a way that will protect it from damage.
• Be patient. Silver stacking is a long-term investment. Don’t expect to get rich quick, and don’t be discouraged if the price of silver doesn’t go up immediately. Just keep stacking and learning, and eventually you will be rewarded.

I hope this information has been helpful.