got mi first silver

[craig12]

hey , got me first silver today, never owned any / only a couple of rounds, 1 x buffalo  1 x apmex,, bigger than they looked in the photo and heavier, I luv em

ohhh its strange to look at  so much for ya money , its addictive

[Cointreau]

hey , got me first silver today, never owned any / only a couple of rounds, 1 x buffalo  1 x apmex,, bigger than they looked in the photo and heavier, I luv em

ohhh its strange to look at  so much for ya money , its addictive

Your first silver coins you mean?

[Danny-boy]

Well done Craig, it is very addictive isn't it.

[craig12]

yeah  , averaged out quite expensive so now im trying to bring the average £ per oz down , I wanted these themed rounds but will look more carefully at next purchase

[Danny-boy]

You learn on every purchase, it's the way it goes.

I have learned a huge amount in the last 12 months.

Just buy what you like mate.

[craig12]

this was a staggering £18.40 per oz  with delivery and vat  but im trying to average down to £15

[craig12]

if I can get into the 10 + quantaties on some dealers it makes a big difference

[Danny-boy]

Unlikely you will average down to £15 unless you make some big orders and get generic.

[Cointreau]

this was a staggering £18.40 per oz  with delivery and vat  but im trying to average down to £15

'A staggering £18.40 per oz'. I'm sure like myself, others on here will have a little giggle reading that.

Oh, the luxury of being new to this game now the metals are as cheap as chips. I've paid nearly double that for

an ounce of silver and others here would have paid almost three times that much for high premium stuff.

[Danny-boy]

I just paid over 5 times that much for an ounce!!!!

Shouldn't affect my cost average by more than a few pence though. Lol.

[Shamatti]

Congrats dude! Nice isn't it, little shiny lumps of insurance?! lol

 

As others have said - your current price per ounce is already enviable. Just buy stuff you like and enjoy it. There is more to life than pounds and pence.

[craig12]

ok then can I average to £16 is that unreasonable

[Cointreau]

That is so true. Buy the stuff you like. If I like a coin I buy I will buy it in numbers.

I shouldn't be semi-critical of others who buy high premium silver. I myself buy gold and that aint cheap

[ChrisSilver]

Congratulations, keep the stacking up. If you commit to just a small but regular purchases you will find your stack grows in no time.

[ChrisSilver]

ok then can I average to £16 is that unreasonable

Depends what spot price is. The amount you buy and at what price, and the amount of silver you currently have.

I wouldn't really worry about your average cost per ounce. Just buy what is a good deal at the time, get the best deal you can, and try to reduce your purchase cost per ounce in each purchase. Not the cost per ounce of your total stack. Do it like this and providing spot stays the same or lower your average will eventually fall.

My average is around the £20 mark. So I wouldn't worry with yours.

[klacey]

Many congrates Craig. Like others have said £18 for an oz of silver isnt that high. If you can get some for between £16-17 your doing well mate.

[silversword]

Another silver addict is born! There is nothing quite like holding those first few ounces in your hands.

[Danny-boy]

I'll never forget the first time I held my first 1oz coin, the size and weight was very special.

[motorbikez]

Congrats dude! Nice isn't it, little shiny lumps of insurance?! lol

 

As others have said - your current price per ounce is already enviable. Just buy stuff you like and enjoy it. There is more to life than pounds and pence.

 

Well said Shamatti,this is called the silver forum not silver stackers.People often start out as so called stackers then start to creep into semi numi and numi.

 

There are some stunning coins out there which will cost you well over £100 an ounce but if you like them buy them, there are always other like minded people who will buy if you need to sell.

 

But which ever route you go down, or  a bit of both it is an enjoyable addiction.

[Agpanda]

Congrats to your first silver!

I payed 200£/oz as most for a single coin 

My average is about 27-28£/oz atm, and i still happy about it.

I do not plan to sell in the near future if ever, just enjoying my collection for now and keep adding to it.