Gold & Silver Stacking Tips - (Watch BEFORE You Buy Or Sell!)

[@ryanpretchik3431]

My advice is deal with LCS as much as possible. Build a relationship with them. Just the other day I bought a coin from the circulated Morgan bin. I paid $30. Didnt even realize until I got home that it was a Carson City. I've been dealing with the guy for 10 years so I called him and told him. Turns out they knew they had misplaced one that they had in inventory but weren't sure where it went. Being a fairly circulated coin they had inadvertently tossed it in with the common date Morgans. He offered to let me keep it but I said I'd pay him a more fair price. We agreed on a price that's still a good bit under the market value. I got a good deal and he was happy it wasn't a serious loss. Also, with LCS, you have greater privacy and support small business.

[@goldsilverstackers1]

That is good advice, coin dealers make mistakes and miss stuff. Even me after having a coin shop for years I still miss stuff because of the volume I deal with

[@cadmanwatching]

I had something similar with my LCS. While searching through his random silver I found a couple of rarities that should not have been there. I pointed them out. I get special treatment and deals every time I walk in now.

[@allendyer1423]

I lived in the barracks for many yrs and had a 3ft tall safe it was no issue and it wasn't bolted down but it was 250 lbs

[@rogeryow2804]

🤔 I'm sticking with silver rounds. Basing my decision on World Reserves, ratio of 17.353 silver to 1 gold. Current ounce gold price of $1,982 ÷ 17.353 = $114.22 silver potential price. Current silver price $25.05 with a potential 400% return, once the world currencies are backed by gold leading to gold MONETIZATION. I'm saving and hedging a bet for hyperinflation 🤑

[@Violet-uh9fj]

If you’re on base think of storing in the trunk of your personal vehicle or under the hood. Then disable the vehicle by disconnecting the battery.

[@SmartSilverStacker]

I like that!

[@silvercobra3373]

This customer is correct - in California you must spend at least $2,000 dollars to avoid CA Sales Tax. It used to be $1.500.

[@snailsaredumb9412]

Maybe, but you lose more than that 9% tax under 2k in capital gains when you do sell for $2000. Plus, buying 1k at a time requires IRS reporting and if SHTF the gov will use that info against us, and they won't want fiat at that point.

[@Sasquatch__]

Great video. Thanks for helping educate the community.

[@SmartSilverStacker]

Thank you for watching!

[@snailsaredumb9412]

As someone in a tax state, it is NOT cheaper outside of state. My friend went to Oregon for a few weeks and looked at a couple coin shops there. Literally everything was the same price (like the tax itself was baked into the premium). I can get a 10th oz phil for $257 ($235+9% tax= $257) here in California, but it was $260 in Oregon without it.

[@THECRANKYONE]

Very good video SSS! THANKS!

[@chrish4469]

In Australia there is no GST (Goods and services tax) on gold and silver bullion coins and bars, They need to 999 or greater purity, So coins like the gold Krugerrands and other numismatic coins attract GST

[@itiiyt]

New Subscriber, new stacker. ~ God Bless

[@SmartSilverStacker]

Welcome!

[@2alawabidingcitzen]

Happy stacking..

[@itiiyt]

​@@SmartSilverStacker❤

[@mrbmrb5822]

Here in Europe mostly 20 or 21 % VAT Cheapest now 27 euro an ounce, some pay you back 3 euro less. A kilo coin they pay you 70 euro less than what I payed. Gold from 1800 euro a coin and higher no Vat tax. They pay you around 1750 euro

[@johnlove3505]

To the Army barracks guy: since you can't bolt down your safe, you should get the largest safe possible and fill it with a couple tons of gold so no one can lift it. easy.

[@SmartSilverStacker]

lol great idea

[@joshl5658]

Probably cheaper to start with some big silver bars 😅

[@richardroy6179]

I'm new to stacking, but feel its too late to be worthwhile to buy junk silver or larger bars. In a bater situation the person you buy from will likely have change for 1 oz silver, but might not want to make change for 10 oz or larger bars. If silver is 25 an oz that's like a bit larger than a 20 a ten oz would be a 250 dollar bill. So I'll stick with 1 oz silver rounds...

[@smirkytea5791]

7:36 This guy's comment is I kid you not explains to a T what my stack looks like. 🤣 I never thought about it like that until now, but I guess I've been following it anyway.

[@SilverLionCoin]

Great information 🙏🏻

[@davidmackenzie5403]

I have been stacking silver coins some US mostly Canadian of course silver bullion and little gold graded coins are an investment like 1878 CC Morgan AU 55 or Maple Leaf one ounce coin fire proof gun safe is the best

[@ltcrmarsh]

The soldier should rent a safe deposit box at a nearby bank or credit union. There's probably one on Post within 3 miles of his barracks. He needs to have someone he trusts in his family be on the signature card on case he deploys or something bad happens.

[@SmartSilverStacker]

It's not a terrible suggestion, but I'm not a huge fan of safe deposit boxes for long term storage. Typically the contents are not insured and the bank has little liability if things go missing. Insured allocated storage would be my preference

[@ltcrmarsh]

My basis was an enlisted low ranking single soldier. Their base pay will probably not allow them to buy as much per month, or own quite a very big stash. After 4 or so years, most leave the military for school or a new career. Barracks are subject to health and welfare inspections. I'd hate to see them have to open a safe box to show there was no contraband in it. Word would leak out, and suddenly they would get hit up for loaning money by the other members in that unit(s).

[@tymcfadden8496]

No sales tax on coins or bullion in Washington State. So glad for that, because our base sales tax rate is nearly 10%, over 10% in some municipalities.

[@THOMASDRELICH]

Build a base stack of generic rounds to start off then 5-10 bars then venture into govt issues imho

[@Eli-qr9hc]

Stacked and in a bolted down gun safe. Imo, 2000oz to 3500ozs of silver

[@richardrhodes9661]

I stack in the chicken coup, almost everyone I know is terrified of my rooster, LOL!

[@livinthedream7714]

Great stuff!

[@markhaseley3304]

Army stacker: Get a bullion silver that has a serial number on it like a pamp or something so that you can track any theft. Another option is stack 1/10th oz gold rounds that you can stack in a bag. Perhaps go premium on anything that is reasonable that gives you trackable characteristics.

[@livingart2576]

How does a serial number track theft? Is just melt it down and reform 🤷‍♂️

[@2alawabidingcitzen]

I had to grab some 1oz engelhard bars just had to. From ebay for $28 at auction. Only way i get from eBay is thru auctions.

[@Brendan.H.86]

Unfortunately here in Australia if you're buying precious metals from a dealer or one of the mints in amounts of $5000aud ($3388usd) or more you need to show ID and it's reported to the government and when you sell you have to pay 28% capital gains tax, however the purchasing of investment grade metals is tax exempt.

[@aussiegirl6738]

A lot of places here require no ID if paying cash for under $5k. Buying over is reportable what state are you in? I suggest Ainslie or a imperial in your state there is gst included in price on coins at sale but none on bullion. We mainly collect coins but buy a little small bullion for gifts

[@Brendan.H.86]

@aussiegirl6738 Yes, I did say that amounts $5000 or more require ID and is reported by the seller by law. I live in Australia, and that's all that strangers need to know(no offence) There is NO gst on investment grade metals, gold 99.99% and silver 99.9%+. Anything with less purity isn't classed as investment grade. Therefore, it attracts gst. I only buy bullion as I have no personal interest in coins and rounds. The bullion I have and will continue to buy won't be sold for at least 20 more years. I do have some Ainsley bullion in my stack along with an assortment of other well-known brands.

[@chrish4469]

It depends if you had it 12 months or longer, Also your taxable income also determines how much capital gains tax you pay

[@chrish4469]

@@aussiegirl6738 There's no GST on bullion coins eg Kookaburras

[@billparks7368]

Florida $500 and below tax is for a shops "new" inventory. If the metal is pre-owned there's no tax. This covers 90% also as no tax.

[@bedriddenpatriot8226]

Here is my comment of a new coin collector started 8/15/23...hope the prices go up on all the junk I bought on Ebay

[@sanjosefretworks4757]

California used to have a $1500 requirement to avoid sales tax. Now it's $2000. Thank you for the great videos. Also, it seems that it has to be all the same product to meet the requirement. you can't split different types of silver or mix different metals.

[@FLmetalhead]

They just decided recently to raise it to $2000 in CA from $1500 which was ridiculous to begin with. I’m mad about the $500 minimum here in FL

[@billparks7368]

The 500 dollar minimum tax is on new metal. Only on the shops new inventory. If the metal is pre-owned there's no tax. Just found this out at a shop last week.

[@kendillard4713]

Best channel!

[@2alawabidingcitzen]

Thats what i did got it in some clothes in the back of a very stuffed drawer. 😂

[@smittyscoins5009]

Sales Tax defiantly kills any deal you may get in CA. Coin shows seem to be the best bet for me these days.

[@Wolf9of9Odin]

Yep, CA is lame.

[@SingaporeStacker]

Singapore, where I live, does not charge Goods and Services Tax (GST) on bullion precious metals. The definition of "bullion" is important since it does *not* cover, for example, most numismatic coins, a number of sovereign coins or bullion coming from refineries that are not recognised by the LBMA. But for the large majority of what most people would stack, it's pretty good.

[@SmartSilverStacker]

Good info, thanks!

[@THOMASDRELICH]

Floor safe like American security safes or gardall or hallon

[@tonyrips27]

They military guy can have up locked in his company arms room and get a 2062 verifying every piece he has there

[@SmartSilverStacker]

Great info! I hope he reads these comments!

[@martinaksentiev572]

Switzerland has 7.7% tax on Silver and 0% on Gold

[@B9b932]

If in the military you can store it in the arms room

[@TwitchRadio]

I cache very small amount of mine way in the mountains.. but honestly if you have it in the barracks just put it in a decent save and put a GPS tracking device in the damn thing.. and don't tell a dam soul about it.. if you feel like there's going to be legal problems I would go straight to your staff sergeant or whoever.. and just mention to them that you're saving some coins in a safe in your room and maybe they'll be able to work something out with you so you're able to bolt something down to somthing like a big ass desk or something.

[@leyeKminded1727]

SSS- SAFETY DEPOSIT BOX AT THE Soldiers Bank

[@SmartSilverStacker]

I'm not a huge fan of safety deposit boxes, dedicated metal vaulting/storage is more secure IMO

[@leyeKminded1727]

SSS IM NOT SS BOX FAN IT WAS SAID FOR HIS SITUATION. HE COULD BURY IT AS WELL

[@boilermatt]

First, I think

[@SmartSilverStacker]

👍

[@YaGhAd]

For us in Saudi Arabia anything less than 24 karat gold will have VAT as it will be considered jewelry. So, i just stick to 24k gold bars, and 999 silver bars. Premium differs from one store to another of course. However, silver here is not really popular and every time i go to the local store he says “brother, stop buying silver” 😂 i keep buying. I do wish we have a “coin culture “ i envy you guys.

[@davidfaria6194]

Yes, it is $1500 in California

[@PeterPorker-f9o]

The laws in Germany are weird for silver. You either pay 19% tax or you have differential taxation where only the profit margin of the seller is a taxable event. So not knowing this i bought a silver bar with 19% tax on it, together with spread i basiacally paid double the spot price. If you buy silver with differential taxation you only pay tax on a the profit margin of the seller. Silver with differential tax on it is the best way to buy because the resell prices are a lot higher. But 1oz silver is still at least 20% over spot from what i've seen. Gold is easy. There is no tax.

[@tracyoneill4200]

To the Army berric ... I would not put any of my precious metals in ANY depository .. if crap hits the fan you want to be able to access it at a snap if a finger .. also goldbacks are a terrible investment...the premium is way to high ..see about stashing it at your parents place .. you can even buy it online and have it mailed there and they can store it for you... trust only them .. thank you for your service 🙏

[@香料國境]

easy to buy and sell via local coin shops

[@SubtleReed]

I will sell no silver but I will trade silver

[@go4it129]

Missouri has no sales tax . Selling no more than $9,999 you pay zero taxes

[@liquidelectrum]

I would suggest the foot locker at the end of the bed, in a sock or something. No safe. Safes are targets. Bury it in the yard. Anything but a safe!

[@PTS156]

If you are in my house to steal or break into my safe, you will become the target.

[@johnbethea4505]

See if the paymaster has a place to store it for you..

[@Rubber-nv9dl]

Most folks aren't into metals for a quick high return, as the commentator has frequently expressed. I'm not a Last Vegas gambler, but there is a thing called hedging your bets. Anyone with any intelligence can see the storm clouds gathering, not that I'm claiming that much myself. The most uncertain times I've ever lived in. Hiding under my school desk waiting for a nuclear bomb attack was alot less stressful, but back then we had separation of powers.

[@JustinBraham-p5e]

My lcs is as good or better than most of the internet and I ain’t too picky plus he a cool dude Ukiah ca

[@jogmas12]

I don’t stack any more because I believe their coming out with a new type of digital currency

[@judymichaud4081]

90 percent silver is not on my list its 90 percent that's Y.

[@magoolew5131]

I think the best thing the guy can do that's in the barracks, should put it in a safe deposit box. If you live in a state that charges sales tax. you might want to go to another nearby state to buy your PMs. Just a thought.

[@saltydog1196]

Only stack what you can hold for a minimum of 2 years. Forced selling is not the way! 😒

[@clemfandango2749]

I don't get the "buy 10oz bars to save on premiums" thing. Sounds good in theory, but in reality I regularly find that 1oz rounds (and even some 1 oz coins) are the same price per oz or less.

[@livinthedream7714]

Cache American pronunciation Sounds like: kash

[@henrybowman6929]

Store a percentage of your stack at MMD for quick liquidity purposes. No minimum ounce sellback requirement. $100 bucks a year storage fees for small stacks.

[@felsinferguson1125]

Sorry, but that's a not-happening, at least for me. Unless you can lay hands on it at-will, you don't really have anything.

[@henrybowman6929]

@felsinferguson1125 Someone asked about selling metals when cash is needed. I agree, if you don't hold it, you don't own it, which is why I recommend storing only a percentage at the depository. It's convenient to sell back, plus you don't want to keep it all in one place anyway.

[@commonsense7167]

For the guy in the army . Just bury it .

[@wisemanm6390]

Bro, its been 3 days since you had a video. Im sorry, but you can't take off. 😂

[@anthonyfontana4068]

Right 😅

[@SmartSilverStacker]

Haha sorry I'll try to keep up!

[@itiiyt]

Do something nice for someone today , for we don't know what they're going through. ~ God Bless all who read this.

[@SoFloPepe]

Read book, Fields of Gold Exact message , God Bless !

[@chrisbytwerk3712]

Lynette Zang is saying that when CBDCs come. They could limit or confiscate bullion silver and gold.

[@mdhud4129]

CA increased the minimum sale to 2000.00 this year as the minimum for a bulk sale to be tax exempt for coins and bullion. cdtfa.ca.gov/taxes-and-fees/Reg1599-2023.htm

[@SmartSilverStacker]

Great info, love the citation thank you!