Last week, I went ‘all in’ and picked up no less than five 5gram Monarch Precious Metals silver bars (0.8oz in total), mainly to dispose of my remaining ‘loose change’ prior to heading home from the USA.
Although this might have put me in danger of challenging records for stacking frugality, the bars did have pictures of eagles on them, so clearly a no-brainer!
Like others, I tend to steer clear of buying smaller denominations of silver owing to the higher premiums involved. Typically, any coins or bars that weigh less than 1oz are generally not up for consideration as part of my stack.
But, I was able to liberate these from the “bargain bucket” for around $3 a piece, which didn’t seem overly excessive based on the current price of silver, and get rid of all my leftover small change at the same time.
Anyway, this mini ‘micro-stacking’ experience made me curious about what others feel about fractional silver …
-Does fractional silver have a place in your stack?
-Would there be a place for it if more competitively priced (i.e. lower premiums)?
-When it comes to size or weight, how small is too small?
Interested to know your thoughts.