Hi all,
Hoping you can give me personal opinions on ‘how best to build my stack’. I’m on limitted budget and wanting to stack phyzz in ‘smartest’ way possible.
1) Would you buy Maples – or would you buy the wildlife series if very little difference retail wise (under dollar)?
2) would you buy either of the above 1oz coins (approx.35$) or would you buy the more limited fine .9999 coins the mint puts out in hopes that collector value goes up and you can resell higher (ex. coin that’s 1/4oz that sells for $40 but is limitted production #’s)…. and in turn as you resell these – you put the money into maples/more standard coins?
Realize this is likely another whole discussion – but do you feel there is ‘time’ (before crash etc) for the limitted mint coins to go up in value enough to change out for larger quantity of standard 1oz? Or is this a risky option?
3) so far safest/cheapest sources I’m finding are the SD & SilverGoldBull sites and local coin shops. A LOT of bullion sites won’t ship to Canada and alot of the ebay lots that sell cheaper won’t ship anywhere but US (why they sell for less – less audience to bid – JMO) and/or the shipping can be a deal breaker…. any ideas where to buy that are SAFE and cost effective?
Any ideas, opinions etc MUCH appreciated – I have a couple coins (D&D, Trivium Proof) that I want for myself (and a gift or two) not to resell, but other then those – I’m looking strictly ‘how to build stack in most economical manner’….
Another question…
Where do non-official rounds/wafers/bars fit into your stack/plan?
I guess question is – will they be recognized for what they are? If you watched the uTube of guy (Mark?) trying to give away the 1oz Maple, if people are truly that clueless as to value of an official coin (even if from other country) will anyone recognize a sunshine bar or trivium round in SHTF type situation?
Any concerns of this?
What % of a persons stack do you recommend be in the less expensive no-name silver (sorry not sure of proper name for them)?
Thanks
90 % US coins or the Canadian equivalent are a good choice and can be found at spot if you search.
Thanks Mary! Since you replied I’ve been busy on eBay and have gotten a few small lots of old dimes/quarters (1920-1966 is 80% here), been able to snag them at spot or below (including shipping) but most going above spot and well above when you add in s&h.
So just keeping watching and buying little bits here/there, trying to buy mostly from Canada as it saves on shipping and a lot of US sellers list US as only country in ‘ship to’ section. Have stopped at local coin shop a couple times – sold out so not much luck there either, but at least they know I’m interested. THANKS : )
Have to watch for free shipping and factor shipping into the overall price of your stack. Buy the dips to offset shipping, wait until you can buy a larger amount to lower the per oz shipping etc.
Must watch out for free transport in addition to element transport into the total value of the stack. Buy the dips to be able to balance out transport, hold out until finally you can purchase a larger total reduce the actual every transport etc.
If you have shortage of transportation then you cannot access to the market and sell sock with desire amount of price. Use suitable transport system which available at the time needs.
joinery gold coast