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What I am collecting / Investing in.

Found 4 results

  1. BookBayJOHN

    Is silver stacking a loss leader?

    I recently bought the 4 available Queen's Beasts coins because i think they look fantastic, have a great story behind them and the set will look great when all 10 are mounted. This has been my introduction into precious metals. Now, I have been reading up on the subject of silver stacking and one thing puzzles me. Why is it seen as an investment and not a loss making hobby? Please correct me if I'm wrong, but if you buy a 2 ounce coin at £39 with a silver content worth about £24 this has a premium mark up of £15. Which is fair enough. Now, if I sell this coin and I'm only offered around the Spot price, I basically lose around £15. So how can that be seen as an investment? YouTube is full of videos of people with piles of identical coins. I would really like to know the reason why. Thanks
  2. No need to say your cumulative ounces, of course. Discretion/Modesty and all that... Mines 57.89, much better than I thought. Only shame is it's silver to gold, not the other way round!