Top 10 Gold and Silver Stacking Mistakes New Stackers Make

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Silver Dragons

Silver Dragons

Күн бұрын

Пікірлер: 364
@SilverDragons47
@SilverDragons47 5 жыл бұрын
Thanks so much for watching everyone! It is important to have goals when stacking.. Here is my current stacking goal if you missed it! kzbin.info/www/bejne/ZnjUi4WEja50htk 🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🐉
@SilverLimey79
@SilverLimey79 5 жыл бұрын
No success without goals. Goals of the life blood of success. Go get some. 👍👍
@SilverDragons47
@SilverDragons47 5 жыл бұрын
SilverLimey 79 yes indeed!!! 🔥🐉
3 жыл бұрын
You countdown from #10 to #1!
@JUST_A_GUY835
@JUST_A_GUY835 5 жыл бұрын
That's my issue that I'm trying to overcome. I'm at 60oz that I stacked in less than two months and I realized it it's making me broke quick. It's just exciting to keep building it up. I always feel like the price is going to jump up tomarrow and watch the spot price daily. Working on my self control. Thanks for the video.
@ericcasagrande
@ericcasagrande 5 жыл бұрын
Great video as usual. I really enjoyed it. Hey, glad to see that nobody "reamed" you for #10 ... "STACKING TO FAST" ... which should have been "Stacking TOO Fast". (LOL) I hope you do many more videos, we all have a lot to learn and share.
@SilverDragons47
@SilverDragons47 5 жыл бұрын
Eric Casagrande lol I know I took a little heat for that 😏 thanks for watching my friend!!! 👍🏽🔥🐉
@SilverNitrate
@SilverNitrate 5 жыл бұрын
LOL I gotta do it: I won't say anything about the missing T, but "'stacking TO fast" = stacking so that you can stop eating. "Stacking TOO fast" = stacking quicker than you should. Love ya, Baggins - but you opened yourself up for that one ;-)
@SilverDragons47
@SilverDragons47 5 жыл бұрын
Silver Nitrate maybe it was typing to (too) fast 😂😂😂 at least I caught the T 😁 yes I did ask for it 🔥🔥🔥🔥🔥🐉
@SilverDragons47
@SilverDragons47 5 жыл бұрын
DebbyAbqNM lol those are actually really good tips Debbie! I need to go on a diet 😁🔥🐉
@harryzero1566
@harryzero1566 5 жыл бұрын
Your right about stacking to fast, I lost weight just to get another 2oz of gold. I still haven't reached my target, if did, only my oldest moth eaten clothes would fit.
@CryptoMike747
@CryptoMike747 5 жыл бұрын
Lmao you guys are too much
@harryzero1566
@harryzero1566 5 жыл бұрын
@@CryptoMike747 Lmao????? What is that, I've never been able to work that out.
@Violamanben
@Violamanben 5 жыл бұрын
I recently started myself, but came to most of these conclusions with some research and helpful recourses. I still appreciate the video, and I think they’re very helpful tips. You can’t go wrong with good advice.
@SilverDragons47
@SilverDragons47 5 жыл бұрын
Violamanben Thank you so much my friend!! trying to get the word out there for sure!! 🔥🐉
@tao4409
@tao4409 3 жыл бұрын
All good advice. Personally, I don't care if people know I have metals. Knowing gets them NO closer to stealing it. I could tell you where and the stack is still safe, guarded by Timber Rattlers, buried somewhere on 5 acres, or maybe up a tree...... I might even let someone go look, just to see how good my security is. Still, for most, best to be discreet.
@gridironguru5535
@gridironguru5535 5 жыл бұрын
You did fine on the morgan dollar. Its worth what somebody is willing to pay. Them old Morgans are worth alot more than just the silver content imo. Them are keepers and collectors. Id always buy them around spot price because they are classic currency that become rarer over the years.
@SilverDragons47
@SilverDragons47 5 жыл бұрын
Gridiron Guru yeah could have been worse for sure! 🔥🐉
@naomimay82
@naomimay82 5 жыл бұрын
Great video! Great advice! New stackers need to pace themselves and start slow. If you keep adding to your stack slowly, you will eventually have a really great stack. No need to break the bank, go into debt, or cash out your 401K.
@SilverDragons47
@SilverDragons47 5 жыл бұрын
Naomi May yes for sure!!!! it’s a marathon not a sprint!!! 🔥🔥🔥🔥🔥🔥🐉
@authorunknown7262
@authorunknown7262 5 жыл бұрын
I overpaid quite a few times. Now, I keep track of the total I pay overtime and the ounces I have. My new rule is, I never pay more than my avg.
@codycap9502
@codycap9502 5 жыл бұрын
I overpaid way to much for a Morgan dollar. For a 1891 Philedelphia I paid 35 dollars.
@SilverDragons47
@SilverDragons47 5 жыл бұрын
Author Unknown nice keep that average down!! 🔥🐉
@grissom3310
@grissom3310 2 жыл бұрын
I def use a CC. I know I pay a bit more but the budgeting is pretty simple. One thing I think you should add is using a PO Box. Packages continuously showing up draws attention and with PO Boxes no worries about being home when package arrives.
@raydobson888
@raydobson888 2 жыл бұрын
I’m new to stacking and have already made a few mistakes on your list. Thanks for the advice SD hopefully I can avoid making any more. Cheers
@johnm1008
@johnm1008 5 жыл бұрын
I've done all of these other than buying numismatic and fractional. I actually think that buying too big should be on the list, when I stated stacking I REALLY wanted to buy a 100 ounce bar just because I thought it would be cool to have not thinking about it being hard to sell when the time comes to sell. I still might get one tho lol
@Brandon-jw5cv
@Brandon-jw5cv 5 жыл бұрын
7. Going for minimum spends can net 33%ish or so, also some cards like the Freedom Unlimited give 4.5% back if you have the Sapphire Reserve(3% back for first $20,000 spent plus 1.5 bonus transferring to CSR).
@veritasfiles
@veritasfiles 5 жыл бұрын
This should be labeled Top 10 Collecting mistakes. If you're actually stacking, then your primary concern is your number of ounces, not what the coin looks like. Silver is Silver and you're selling it for the spot price of Silver, not for collector or numismatic value. So why double your storage area by putting everything into plastic and having to never touch your Silver with your hands? What difference does touching your Silver make to the spot price of Silver? Sure, you could sell it to a collector, at least during good times, for some kind of collector value, but AGAIN...that's for collectors...NOT stackers. Regarding fractional Silver, I think you should change that to "Fractional Bullion". Fractional Silver is really just 90% Constitutional or Junk Silver. That's not stuff that carries any significant premium typically, except for some Morgan dollars and the like. Your best fractional Silver is just the government minted older coins. I would never buy "Fractional Bullion".
@silverhustlin1390
@silverhustlin1390 5 жыл бұрын
This comment should be pinned and highlighted! Right on target or at least IMO!!
@SilverDragons47
@SilverDragons47 5 жыл бұрын
veritasfiles great points about fractional bullion and the storage in capsules point! I am more of a collector/stacker and I do see what you are saying for sure.. my ASE monster box will be my first real stacking experience I suppose but either way I still do consider myself a stacker 🔥🐉
@pwhales264
@pwhales264 5 жыл бұрын
I ordered silver rounds in sets of Tens and I leave them in the plastic tubes or plastic covering and I always use gloves when I touch them. I Always buy Straight ounces. I recently ordered the new five ounce Apollo 11 u.s. minted coin.
@SilverDragons47
@SilverDragons47 5 жыл бұрын
P WHALES nice way to do it!!! those look cool! 🔥🔥🔥🔥🔥🐉
@pwhales264
@pwhales264 5 жыл бұрын
@@SilverDragons47 , Thank You for your informative and interesting videos
@andrewjones9690
@andrewjones9690 2 жыл бұрын
Always had a: If I don't have the money for it sitting there, then I cant afford it mentality. New to the game so doing my rounds of research. great video!
@matthewrosenthal4673
@matthewrosenthal4673 5 жыл бұрын
mistake number one. Storing a $15 piece of silver in a 1$ air-tite ;))
@SilverDragons47
@SilverDragons47 5 жыл бұрын
Matthew Rosenthal lol if I don’t put it in a capsule I will melt it 🔥🐉
@thomasjensen6243
@thomasjensen6243 5 жыл бұрын
You can get air-tites a lot cheaper than $1.00 if you bulk your purchase.
@sparcx86channel42
@sparcx86channel42 4 жыл бұрын
i see no reason for those capsules.
@TomokosEnterprize
@TomokosEnterprize 5 жыл бұрын
Getting the "Bling" beauties we get for just because we like them is one thing but staying aware of spot as you say is the best way. Going slow and careful we can watch the stack grow quite quickly.Thanks fella. Freedom is right around the corner bud.
@SilverDragons47
@SilverDragons47 5 жыл бұрын
Tomoko's Enterprize yes indeed!!! I can’t resist the shinys myself 😂🔥🐉
@ASMRPeople
@ASMRPeople 5 жыл бұрын
Wise advice. The only rule I broke has been the last stacking too fast. I went a little nuts with the Ebay bucks this December, now I'm probably done buying till April just to get back to my budget.
@SilverDragons47
@SilverDragons47 5 жыл бұрын
ASMR People I think we all stretch the boundaries to fast some times with that mistake 😂😂😂🔥🐉
@silverstasher9912
@silverstasher9912 5 жыл бұрын
You are absolutely right #8 is so hard I just want to show people the beauty lol
@SilverDragons47
@SilverDragons47 5 жыл бұрын
silver stasher lol don’t we all 😂🔥🐉
@okpatriot7289
@okpatriot7289 5 жыл бұрын
Thanks for the Great Video... I'm a new stacker, just getting started good. Strategy: buy as much generic silver bullion at cheapest price and hunt for constitutional silver. Stack for weight. The Why: Mostly for SHTF/ US Dollar collapse scenario. Plan: buy ~10-20 oz of silver every 3 months or so. I have 35 ounces of bars, rounds, junk silver so far. Would love to Collect some silver coins at higher premiums in the future, but doesn't fit my plan as of right know.
@SilverDragons47
@SilverDragons47 5 жыл бұрын
Darrin yep stack what you like for sure! 🔥🐉
@metalstacker6180
@metalstacker6180 5 жыл бұрын
Thanks for the tips! I've already made a couple of these mistakes, but not too many yet. The last one is REALLY hard to avoid as a newbie! I'm doing the best I can though.
@SilverDragons47
@SilverDragons47 5 жыл бұрын
Metal Stacker Yeah I hear that 😂😂😂🔥🐉
@derekspalding3091
@derekspalding3091 4 жыл бұрын
Suggestion: Use your credit card to make a numismatic purchase on ebay to earn the points then pay it off right after. Transaction fees & shipping are paid for by the seller and typically the prices on eBay are similar to the red book. This also allows for some level of security if you have to put a stop-hold on the transaction due to fraud. Use cash for bullion purchases, no need to wait for a check to clear to get your metal (or do ACH transfers online). Enjoyed the video too!
@_doerflein
@_doerflein 5 жыл бұрын
New to Stacking...Had to pay down debt first. Now we are 3 months in and having a blast. It sure feels more secure. With that said, We have crunched the numbers from all the online companies, But still one of are stores in our area is always, 3% sell and 3% buy back over spot. It does matter what the coin is, or where it is from, or how old it maybe. It seem to us that We should be buying bulk and shipping it to other stackers. Would this be allowed? Would this be a better purchase for new stackers? Love your channel !
@SilverDragons47
@SilverDragons47 5 жыл бұрын
Robby Doerflein wow depending on the coins i’d say start an ebay store and flip some of them for profit! 🔥🐉
@_doerflein
@_doerflein 5 жыл бұрын
@@SilverDragons47 That sure could be a great option. Thanks for the reply.👍👍
@jay-rus4437
@jay-rus4437 5 жыл бұрын
Robby Doerflein .....so you can buy any coins for 3% over spot? Dpesnt sound right. Silver Eagles are more than that to the dealers from the mint for example. Is it just generic coins?
@waynerichards3490
@waynerichards3490 5 жыл бұрын
Thank you for the upload on the mistakes that can be made as I'm in the UK and when I see all the variety of silver that you have over there and the prices I can't help but feel so jealous as here we have to pay 20% tax on silver so spot for us is in the £16 range that about $20 I'd put as a mistake would be to watch out for the postage as there are places like Ebay that try to make there money back off of the postage and that not right
@rogers8381
@rogers8381 5 жыл бұрын
Great vid! thanks!! I have definitely made mistakes #1,4,5 and kind of #8 all the friends I tell also think I keep my stack in the bank safe deposit box!! and kind of #10 I have only been stacking since 9/2018 and spot was and is so low I stacked hard and fast but I had savings set aside to do something- I didn't know what! I always live well below my means! right now I have all of my monthly responsibilities total 25% of my monthly income. Gotta say I love your system of can deposit $ going to silver!!
@SilverDragons47
@SilverDragons47 5 жыл бұрын
Roger S yeah it’s hard not to talk about it when it’s so much fun 😂😂😂 yes gotta grind and add to the stack for sure thanks for the comment my friend!!! 🔥🔥🔥🐉
@rickfredrick7969
@rickfredrick7969 5 жыл бұрын
I started in Sept. of 2018 too! Nice
@jayb-clay2724
@jayb-clay2724 5 жыл бұрын
You have to be patient too.. buying too fast may land you in trouble where you run short and have to take a hit selling off a few ounces.
@SouthSideFrankie
@SouthSideFrankie 5 жыл бұрын
Hello, thank you for sharing your experience, I think this was really good of you. This was a very informative video I really enjoyed watching. Thank you for taking the time to produce this video this was really good advice I will remember. Great points made!! Thank you.
@SilverDragons47
@SilverDragons47 5 жыл бұрын
Philip Robson thanks so much my friend! 🔥🐉
@h2oboi531
@h2oboi531 5 жыл бұрын
Good info for noobs and vets alike! Thank you
@SilverDragons47
@SilverDragons47 5 жыл бұрын
h2oboi531 yes indeed thanks so much for watching my friend!!! 🔥🐉
@gadguard
@gadguard 5 жыл бұрын
I just started a couple of weeks ago. Just a little here a little there. I put aside 100 to my 401k, and 100 to my personal savings, and I have about 70 or so for this. I've been buying constitutional silver; I like the history, and it's a good way to go. I've been buying rolls of rosevelts for around 62 dollars. I have $20 dollars face and 2 silver 1 oz bars just to change it up. Might just skip a period, and pick up a 5oz bar or a roll of quarters. Slow and steady wins the race as they say.
@SilverDragons47
@SilverDragons47 5 жыл бұрын
The Narrator yes it’s a marathon not a race! 🔥🐉
@johnross5909
@johnross5909 5 жыл бұрын
I just started stacking again this past oct. First thing i asked at lcs was how much Morgan's were? When i was told $22 for M and 20 peace$. I bought eagels for under $17. And as much junk at$11.00 face.$10 or $12 over melt for M and P$. Not in my budget. I sure like them though..
@SilverDragons47
@SilverDragons47 5 жыл бұрын
John Ross yeah you might be able to find better deals online.. remember to shop around but have fun and keep stacking my friend!! 🔥🔥🔥🔥🐉
@IanYGath
@IanYGath 5 жыл бұрын
Thank you for another great lesson and allowing me to learn from your mistakes and knowledge. Question: when say ounce, do you mean a Troy ounce or just a regular ounce? My understanding is that a Troy ounce is slightly heavier than a normal ounce. Thanks again! 🙂👍🏻
@alexanderrdevoogt3235
@alexanderrdevoogt3235 5 жыл бұрын
When talking about ounces in precious metals its always Troy ounce (31,103 gram). A normal ounce is 28,349 gram.
@IanYGath
@IanYGath 5 жыл бұрын
Alexander R De Voogt That is what I thought, but being new to this I felt it best to clarify. Thanks.
@alexanderrdevoogt3235
@alexanderrdevoogt3235 5 жыл бұрын
@@IanYGath you're welcome.
@SilverDragons47
@SilverDragons47 5 жыл бұрын
Ian Y Gath Yes Troy ounces are how “precious metals” are weighed... and it looks like my dragon friend covered it perfectly 😁🔥🐉
@SilverDragons47
@SilverDragons47 5 жыл бұрын
Alexander R De Voogt Thanks for sharing the knowledge my friend!!! 🔥🔥🔥🔥🐉
@finderskeepers4758
@finderskeepers4758 5 жыл бұрын
Awesome video man!! Great Info.. Thanks for sharing!!!!
@SilverDragons47
@SilverDragons47 5 жыл бұрын
Finders Keepers Thanks for watching my friend!!! 🔥🐉
@jodooxq
@jodooxq 5 жыл бұрын
I'm new to this silver and stacking business. I have watched several of your excellent videos now and been carrying around a stupid question for a while. This seems like the perfect opportunity for it so here goes: Is it OK to clean coins and bullions of silver? Any special products one should use? Or is this a mistake that didn't make the list?
@SilverDragons47
@SilverDragons47 5 жыл бұрын
Jo Do if it has no numismatic value then clean it or do whatever you want to it 👍🏽 you own it right 😉 lots of people don’t like cleaned stuff though they prefer toned.. either way it’s up to you 🔥🐉
@AlanLastufka
@AlanLastufka 4 жыл бұрын
All good things to keep in mind... just don't stay away from numismatics for too long, that's where all the history and (potential) profit is!
@silverbeancounter
@silverbeancounter 5 жыл бұрын
Lots of really great advice Baggs. Always good to share good advice for the new stackers. 👍 #10 is a good one.
@SilverDragons47
@SilverDragons47 5 жыл бұрын
Silver Bean Counter yes indeed it’s a marathon not a sprint!!! thanks for stopping by SBC 🔥😂
@silversurfer1986
@silversurfer1986 5 жыл бұрын
Good video for a beginner stacker. But Baggins number 9.... ARRRRRRRGGGG That's my realm! I only hope that all stackers also find love in the numismatic field. Anyhow, you touched a lot of good points. I really like #10. There is so much wrong with stacking too quickly. Heck most of these mistakes 1-9 happen from stacking too quickly. Thanks for sharing.
@SilverDragons47
@SilverDragons47 5 жыл бұрын
Silver Surfer lol I got started with coin collecting and honestly I love that side as well!! I just don’t want newbies paying way to much for a graded morgan when they are trying to stack on the cheap... ya know? 🔥🐉
@silversurfer1986
@silversurfer1986 5 жыл бұрын
@@SilverDragons47 I got ya Baggins brother! Now keep on keeping on!
@YankeeStacking
@YankeeStacking 5 жыл бұрын
I agree with your list. Mostly. I would say that if you have the funds earmarked for PMs, I would make use a credit card if it has cash back benefits and there isn’t another way to purchase the PM. Just be CAREFUL , like you said. As far as number four is concerned, I am still not going to wear gloves when handling my non-numismatic bullion PMs. 😏 While it’s always possible that gunk or other residue from your hands can stain a coin (albeit quite unlikely) tarnish is actually the result of a chemical reaction between the silver and sulfur-containing substances in the AIR. It’s highly likely that it’s going to happen over time regardless of how you touch it. The silver is actually combining with sulfur and forming silver sulfide-tarnish. Milk-spotting is also not caused by touching. Coins with numismatic value are a whole different ball game, but I’m touching my bullion. 😉👌🏼
@YankeeStacking
@YankeeStacking 5 жыл бұрын
Silver Baggins I agree with your impeccable math! And I avoid that situation. However, I’ve used a CC with no upcharge before. And we will have to agree to disagree on the gloves 🧤. 30 years from now we can compare bullion quality and price. If I’m still alive. You may have to do it with Lil Stacks!! I’m quite sure you won’t see any appreciable difference. 😂
@coinfan2234
@coinfan2234 5 жыл бұрын
Just remember most of mine have touched my genitals and could be in a LCS near you...wanna put gloves on yet? 😆😉
@SilverDragons47
@SilverDragons47 5 жыл бұрын
CoinFan 😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂 now what yankee
@SilverDragons47
@SilverDragons47 5 жыл бұрын
Yankee Stacking I think coinfan sums it up nicely
@YankeeStacking
@YankeeStacking 5 жыл бұрын
CoinFan 😲🤢🤢🤢🤮🤮🤮🤮🤮
@robertkaokengnye8925
@robertkaokengnye8925 4 жыл бұрын
#10 is: Don't stack "too" fast or quickly. #11 Buy them when the silver or gold price suddenly drops, @ 5-10% or more like in March 2020 or recently. #12 If you predict the precious metals are soon to drop further, stagger your purchases intermittently or at intervals, if the prices keep dropping. Your loss in your previous high purchase will be halved each time. #13 To verify the authencity of pure silver or gold coins, do request from reputable bullion dealer to use their radiation meter to countercheck. #14 Never buy pure gold or silver bars from Jewellers shops, as they charge the company prices and goods & service tax (GST) as well. #15 In certain country, no GST is impose on the purchase of precious metal bullions.
@daviscfad
@daviscfad 5 жыл бұрын
Nice video. The only thing I really disagree with is cotton gloves.. The main thing to do In My opinion is grab the silver or coins by the edge and edge only.. Even Professional grades at pcgs dont wear gloves.. Just become more conscious. nice vid
@SilverDragons47
@SilverDragons47 5 жыл бұрын
JPEW adventures yeah gotta touch the Eeeeddddgggeeeeesssss for sure 😂 really hard for newbies but good point 👍🏽🔥🐉
@pwhales264
@pwhales264 5 жыл бұрын
Newbea or Oldbe, I will always wear gloves when touching my silver touching the edges I disagree with you should wear gloves all the time when you're touching silver, it's too expensive to mess up.
@esquared5064
@esquared5064 5 жыл бұрын
Great job Silver baggins! Your best video yet.
@SilverDragons47
@SilverDragons47 5 жыл бұрын
E Squared Thank you so much my friend!!!! 🔥🔥🔥🔥🔥🔥🔥🔥🐉
@TennesseeJoshua
@TennesseeJoshua 5 жыл бұрын
Thanks for the informative video my friend. Hope youre having a good day!!
@SilverDragons47
@SilverDragons47 5 жыл бұрын
King AG Thanks a lot my friend yes indeed!!! 🔥🐉
@TimothyWhittingtonYeOldeRufus
@TimothyWhittingtonYeOldeRufus 5 жыл бұрын
New subber. Rule #1 is a no-brainer, but...I really like supporting my LCS's. Sheesh! I'm in the sticks and they've no direct competition. I buy constitutional from them every now and then. They ask $25 for generic rounds (!!), so I don't buy much.
@SilverDragons47
@SilverDragons47 5 жыл бұрын
Timothy Whittington $25 for generic rounds 😱😱😱😱😱😱😱😱😱 you can get em online for $17 all day
@TimothyWhittingtonYeOldeRufus
@TimothyWhittingtonYeOldeRufus 5 жыл бұрын
@@SilverDragons47 and I do. Just 'support' them every now and then.
@SalivateMetal
@SalivateMetal 5 жыл бұрын
Some good thoughts my friend. I would slightly disagree about cotton gloves though only because of the fibers that could cause hairline scratches on coins. I handle with my bare hands if they are clean and only handle on the edges. Also, you forgot mistake number 11. Do not lick your silver. :)
@SilverDragons47
@SilverDragons47 5 жыл бұрын
SalivateMetal well the thing is Sal it’s easy to handle your rounds with the edges because they are so THICK 😂😂😂😂🔥🐉
@robertb3214
@robertb3214 4 жыл бұрын
The red book is the worst for numismatics. I suppose the red book is better than guessing, but the Grey Sheet is what numismatists use. The Grey Sheet is updated often (at least monthly). The red book is updated each year.
@Searchingforsilver777
@Searchingforsilver777 5 жыл бұрын
Thanks for another great video. Keep them coming. I appreciate all your help.
@SilverDragons47
@SilverDragons47 5 жыл бұрын
Searching for silver777 Awesomeness you know it my friend!!!! 🔥🐉
@alexanderrdevoogt3235
@alexanderrdevoogt3235 5 жыл бұрын
Great video with awesome advice. I've made several of them and still learning lol. Thanks for the show my friend 🔥🐉
@SilverDragons47
@SilverDragons47 5 жыл бұрын
Alexander R De Voogt I know we all have lots to learn for sure especially myself!! 🔥🐉
@michaelwhitt355
@michaelwhitt355 5 жыл бұрын
I like using a credit card for safety reasons. I also never pay interest and get cash back which mitigates some of the premium. I also look for spot, or near spot deals to keep costs down on the card.
@SilverDragons47
@SilverDragons47 5 жыл бұрын
Michael Whitt the main thing is not paying interest so if your not doing that then at least you aren’t getting totally taken!!! 🔥🔥🔥🔥🐉
@michaelwhitt355
@michaelwhitt355 5 жыл бұрын
@@SilverDragons47 paying interest defeats the purpose of stacking silver to begin with. If someone is going to use a credit card they have to be smart about it. Also, it's easy to spend more than you can afford so setting a responsible budget per week, month, or whatever for buying your silver is key.
@benfrankog6111
@benfrankog6111 5 жыл бұрын
My mistake was buying silver when i didn't get a good discount. I look for Ebay coupons and check for deals on various Coin dealer websites looking for the best deals now.
@SilverDragons47
@SilverDragons47 5 жыл бұрын
BenFrank OG yep I think we all make that mistake when we first start 😏🔥🐉
@RoostedFilms
@RoostedFilms 5 жыл бұрын
I’m a new stacker but it seems to me this is more of a video about collecting mistakes. Anyway good talk interesting talk
@SilverHeist
@SilverHeist 5 жыл бұрын
Great advice. People will appreciate seeing what mistakes to.avoid. -Remind us again in 6 months 🙂🔥🔥🔥
@SilverDragons47
@SilverDragons47 5 жыл бұрын
Silver Heist Thanks very much! i’ll have to remind myself as well 😂😂🔥🐉
@AndresGonzalez-gf6rj
@AndresGonzalez-gf6rj 5 жыл бұрын
Very great video I wish to having all that information long time ago now thank God I doing pretty good staking all my different categories so three of those avaiser help me very good thank you.
@SilverDragons47
@SilverDragons47 5 жыл бұрын
Andres Gonzalez you are very welcome my friend! 🔥🐉
@straightninestacking4792
@straightninestacking4792 5 жыл бұрын
Bro are you silver dragons or silver Baggins
@SilverDragons47
@SilverDragons47 5 жыл бұрын
Straight Nine Stacking lol I used to be silver baggins but warner bros came after me with trademark stuff so i’m silver dragons now 🔥🐉
@Brandon-jw5cv
@Brandon-jw5cv 5 жыл бұрын
Dang, I was wondering the same thing
@Brandon-jw5cv
@Brandon-jw5cv 5 жыл бұрын
Warner Bros is lame...Baggins 4evah!!! 🤣
@jimbobsslimpickins9801
@jimbobsslimpickins9801 5 жыл бұрын
Great presentation and content my friend, thank you.
@SilverDragons47
@SilverDragons47 5 жыл бұрын
JimBobsSlimPickins Thank you so much I really appreciate that! 🔥🐉
@sparcx86channel42
@sparcx86channel42 4 жыл бұрын
what about those big 10oz silver coins? are they any good?
@toddpeterson1316
@toddpeterson1316 4 жыл бұрын
I am brand new and bought 12 ten ounce bars that are tarnished..how bad is that..I am trying to stack for the long game.. .thx
@NATV123
@NATV123 5 жыл бұрын
My first bar was a 10 ounce, and I paid like 180 for it😭. Bad mistake, spot was like 15 something when I did, and it was a generic 10 ounce! I didn't even know about the spot deals!
@SilverDragons47
@SilverDragons47 5 жыл бұрын
NA.TV yeah we all make mistakes when we start out... it’s learning from those mistakes that is the important thing for sure!!! 🔥🐉
@HB-yq8gy
@HB-yq8gy 5 жыл бұрын
Me too my first purchase was (2) 5 o/z American Buffalo 5 oz .999 Fine Silver Bar total $180.96 with S/H. 01-17-2019 spot $15.47. I paid $2.64 over spot.
@mysterybuyer3738
@mysterybuyer3738 5 жыл бұрын
What's wrong with $180 for 10 ounces? That's pretty good.
@SilverDragons47
@SilverDragons47 5 жыл бұрын
Mystery Buyer yeah could be worse for sure! 🔥🐉
@HB-yq8gy
@HB-yq8gy 5 жыл бұрын
@@mysterybuyer3738 thanks don't feel bad now.
@ECP
@ECP 5 жыл бұрын
A great video spot on....
@SilverDragons47
@SilverDragons47 5 жыл бұрын
ECP - EAST COAST PROSPECTING Thank you so much my friend!!! 🔥🐉
@ClaytonCountyHistoryHound
@ClaytonCountyHistoryHound 5 жыл бұрын
Enjoyed watching. Thanks and take care.
@SilverDragons47
@SilverDragons47 5 жыл бұрын
Clayton County History Hound Thanks for watching my friend!! 🔥🐉
@jeffwallace5447
@jeffwallace5447 5 жыл бұрын
thanks.. all good points to think about.. I am new to this
@SilverDragons47
@SilverDragons47 5 жыл бұрын
Jeff Wallace Thanks so much my friend! 🔥🐉
@novus973
@novus973 5 жыл бұрын
Mistake #11 Not Owning a Baggins Bar!!!!! If your a Stacker then Not having one is a Huge Huge Mistake Lolol ( Check your Pay Pal in the morning )
@SilverDragons47
@SilverDragons47 5 жыл бұрын
Novus Stacker lol Thanks a lot my friend! I do own 1 myself 😁🔥🐉
@conors4430
@conors4430 5 жыл бұрын
I’m new to all of this, just made my first purchase. I was just wondering, is there a way to verify what you have bought? For example, could you bring your coin to a Juler? To ensure it isn’t fake silver or gold or has the specified quantity within it? I’m a bit hesitant to just except what somebody is telling me when they are making money off me
@SilverDragons47
@SilverDragons47 5 жыл бұрын
The revolution will Not be televised sigma machine is the best. next is a magnet/silver slide 🔥🐉
@RaysWorld
@RaysWorld 5 жыл бұрын
Great tips! #11. Have Fun!
@SilverDragons47
@SilverDragons47 5 жыл бұрын
Rays World That’s my favorite tip 😁🔥🐉
@mikenatividad6753
@mikenatividad6753 4 жыл бұрын
I have silver eagles and they don't weight up an even troy oz, they all weight about 04-07 over.Is that common?
@Ffollies
@Ffollies 3 жыл бұрын
Do you think it's okay to store BU bullion coins in tubes and those plastic flips? I don't really want to spend $1 for those hard plastic holders.
@crackingpacks909
@crackingpacks909 5 жыл бұрын
Buy what you like, relax and have fun. if your new dont try to buy to flip wait until you know what you are doing maybe a year or two in.
@SilverDragons47
@SilverDragons47 5 жыл бұрын
Cracking Packs Yeah def have fun for sure!! 🔥🐉
@kingqueenstacking6328
@kingqueenstacking6328 5 жыл бұрын
Awesome video thanks so much buddie you do amazing on your channel keep up the good work my friend
@SilverDragons47
@SilverDragons47 5 жыл бұрын
king & queen stacking Thanks so much!!!! I hope I can help ppl learn!!! 🔥🔥🔥🔥🐉
@kingqueenstacking6328
@kingqueenstacking6328 5 жыл бұрын
@@SilverDragons47 your very welcome my friend
@MrHayabusa1299
@MrHayabusa1299 2 жыл бұрын
Buying silver is extremely addictive!!! I have already spent my monthly bill money on silver….Priorities!😂
@oddjob428
@oddjob428 5 жыл бұрын
Great video thanks.
@SilverDragons47
@SilverDragons47 5 жыл бұрын
oddjob428 thanks for watching my friend! 🔥🐉
@SilverLimey79
@SilverLimey79 5 жыл бұрын
Fair points there buddy. Thanks
@SilverDragons47
@SilverDragons47 5 жыл бұрын
SilverLimey 79 Thanks a lot Limey! 🔥🐉
@ricardosawyer4613
@ricardosawyer4613 5 жыл бұрын
Very informative Thanx so much
@SilverDragons47
@SilverDragons47 5 жыл бұрын
Ricardo Sawyer Thank you for watching my friend!!! 🔥🐉
@grissom3310
@grissom3310 2 жыл бұрын
“Too” great vid though ✌🏿
@levkriscoins9115
@levkriscoins9115 5 жыл бұрын
Awesome video.
@SilverDragons47
@SilverDragons47 5 жыл бұрын
Lev Kris Thanks a lot my friend! 🔥🐉
@whyme4476
@whyme4476 5 жыл бұрын
I don’t understand silver stacking. Please please explain the point of stacking silver over gold? Silver takes up soo much space compared to gold.
@SilverDragons47
@SilverDragons47 5 жыл бұрын
Why Me if you look at historical ratios of silver to gold, silver has much more potential to go up in value. it does take up a lot of space, but buy a 15 gun safe and see how long it takes you to fill it up 😏🔥🐉
@whyme4476
@whyme4476 5 жыл бұрын
Silver Baggins Wow. Really? Every single chart I’ve ever seen is Gold and Silver move in price at the same rate apart from twice in the last 100 years. Around 1978 and early 2000’s. So for more than 99% of the time Gold and silver prices have been aligned in terms of price changes up or down etc. also let’s take a small amount say 1oz of Gold. Value around $1300 not much. I wouldn’t want to break my stack for anything less. So if I wanted some urgent money I could take a tiny 1oz of Gold to ANY gold shop or coin shop and get my money easily. Now imagine going into the same shop carrying 85 ounces or 2.5KG of silver? You will quickly find the true value of silver when they don’t want to buy that much and you battle to sell very easily. Plus in my country as silver is an industrial metal GST (tax) is payable on silver unlike 99gold. Now what about securing/hiding 1oz gold versus 85oz of silver? The only reason to stack silver is buying 85 coins individually if you are too poor and then trading them in for a gold coin or bar. It’s just pointless to stack silver over gold.
@SilverDragons47
@SilverDragons47 5 жыл бұрын
Why Me it’s been up to 1/30 and right now it’s 1/85... no brainer 🔥🐉
@dlherrell
@dlherrell 5 жыл бұрын
Mobility? I see where you're coming from like me. If you buy physical, $500,000.00 will buy you 400 oz's of gold or 1 ton of silver. I'll go with the gold. I can grab it and be on the move if I need to. I can't grab 1 ton of silver and run to my car and take off. I think this is where many silver investors aren't thinking why people buy gold.
@billrundell2097
@billrundell2097 5 жыл бұрын
I totally agree with Number 10. Stay with sound purchase coinage like Eagles. With Eagles you will not need any other type of silver. SILVER EAGLES """ROCK"". YOU CAN NOT GO WRONG. BUY FROM APMEX. YOU CAN TRUST THEM.
@SilverDragons47
@SilverDragons47 5 жыл бұрын
Bill Rundell I love the eagles! 🔥🐉
@Famo59
@Famo59 5 жыл бұрын
Great information mate. Cheers Tony.👍🤓🍺⛏
@SilverDragons47
@SilverDragons47 5 жыл бұрын
Famo59 Thanks so much Tony!!! Cheers! 🔥🐉
@mgtowchampion7961
@mgtowchampion7961 4 жыл бұрын
5:50 midnight gardening for me.
@delianieves8763
@delianieves8763 5 жыл бұрын
Remember, you have to make sure you are an investor vs a collector. A collector is always willing to pay a little more for coins. I learn the hard way. The collector hardly ever sell their coins the investor will sell as soon as the apportunity arrived.
@Ontario100
@Ontario100 5 жыл бұрын
Some very good advice !
@SilverDragons47
@SilverDragons47 5 жыл бұрын
Ontario100 Thanks much my friend!! 🔥🐉
@uncleburniestb7735
@uncleburniestb7735 5 жыл бұрын
Great video brother!
@SilverDragons47
@SilverDragons47 5 жыл бұрын
Terry Rife Thank you so much!!! 🔥🐉
@A_Changed_Heart_Ministries
@A_Changed_Heart_Ministries 5 жыл бұрын
Awesome video, thank you, subscribed today :-)
@SilverDragons47
@SilverDragons47 5 жыл бұрын
Abraham Chavez Thanks so much and welcome!! 🔥🐉
@maplehedgehog789
@maplehedgehog789 5 жыл бұрын
Bahahahaha..Number SEVEN!!!! I was thinking about applying for a dozen credit cards and then just move up north with a treasure chest and live off the land until after the crash. I don't see a problem with number ten depending on the price of silver. Obviously not beyond my means but, I need to catch up. I've ignored this for too long.
@SilverDragons47
@SilverDragons47 5 жыл бұрын
Lee Pipper lol if you buy a ton of silver with credit cards you better buy a boat as well and live on the sea for a while 😂🔥🐉
@mfrfpv9079
@mfrfpv9079 2 жыл бұрын
Silver has crazy 🤪 😜 premiums in general 😳 👌
@l0gan2212
@l0gan2212 5 жыл бұрын
I like your nice capsules.
@SilverDragons47
@SilverDragons47 5 жыл бұрын
Mineral Miscreant thanks I like them as well!!! I get them off Amazon 🔥🐉
@alexcoinrollhunter6836
@alexcoinrollhunter6836 5 жыл бұрын
The only time I have gotten fractional silver was to make an order $100 for free shipping and I got a 1/2 oz Noah’s ark coin for fun! I also made a new logo
@SilverDragons47
@SilverDragons47 5 жыл бұрын
Alex Coin Roll Hunter nice! those coins are super fun... cool!!! 🔥🐉
@straightninestacking4792
@straightninestacking4792 5 жыл бұрын
Great point there silver dragons!
@SilverDragons47
@SilverDragons47 5 жыл бұрын
Straight Nine Stacking thanks so much my friend! 🔥🐉
@rowbearly6128
@rowbearly6128 5 жыл бұрын
Could you not use a jewellers sonic bath to clean your silver safely and without detriment to the resale price?
@SilverDragons47
@SilverDragons47 5 жыл бұрын
rowb early silver can be cleaned but never clean silver with numismatic value 👍🏽🔥🐉
@theknightofdoom260
@theknightofdoom260 4 жыл бұрын
My reason is to pretend Im a pirate in secret.
@karl-heinzvogel5041
@karl-heinzvogel5041 5 жыл бұрын
Great video.👍
@SilverDragons47
@SilverDragons47 5 жыл бұрын
Karl-Heinz Vogel Thanks so much my friend!! 🔥🐉
@beckyelliott2871
@beckyelliott2871 5 жыл бұрын
Why don’t you explain what “constitutional”, “fractional”, “junk” or “fake” means and how to determine the quality of coins?
@womblestacker7993
@womblestacker7993 5 жыл бұрын
Thanks for great video
@SilverDragons47
@SilverDragons47 5 жыл бұрын
shaun barry thanks for watching my friend! 🔥🐉
@totalowwnage91
@totalowwnage91 5 жыл бұрын
Where on earth do you buy morgans at spot???????
@swissstacker7457
@swissstacker7457 5 жыл бұрын
Hello Which coins are milk spot resistant? what do you think?
@SilverDragons47
@SilverDragons47 5 жыл бұрын
SwissStacker The new canadian maple leafs are supposed to have milk spot resistant technology and the ASE usually are pretty good as well. 🔥🐉
@joeblow9657
@joeblow9657 4 жыл бұрын
Me: I really shouldn't talk about my silver stacking irl. It could be dangerous My ego: Nah, I have to tell everybodyyyyy
@SilverWolverine95
@SilverWolverine95 5 жыл бұрын
Awesome tips..Actually have a video on its way relative to this topic
@SilverDragons47
@SilverDragons47 5 жыл бұрын
Silver Wolverine very cool my friend we need to get the word out there for sure!! 🔥🐉
@erichjort2546
@erichjort2546 5 жыл бұрын
Nice and I mformative
@SilverDragons47
@SilverDragons47 5 жыл бұрын
Eric Hjort thanks so much! 🔥🐉
@MikeC-my4lf
@MikeC-my4lf 5 жыл бұрын
Forgot...there are reputable dealers on Ebay BUT waiting for the "15% off of everything" coupons to use on a lot of 10 rounds.
@SilverDragons47
@SilverDragons47 5 жыл бұрын
M Colwell yeah the 15% off everything is nice for sure! 🔥🐉
@gregorystephens8785
@gregorystephens8785 5 жыл бұрын
Good talk man!
@SilverDragons47
@SilverDragons47 5 жыл бұрын
Gregory Stephens Thanks so much!! 🔥🐉
@benth162
@benth162 5 жыл бұрын
Funny that your first choice is "Overpaying". DUH but here you are purchasing the most expensive silver out there with everyone sealed in their own plastic case. By the time you sell those Silver will have to rise almost 17% in price because for those coinages you will have not only paid the highest premium when you purchased them you will have to pay approximately the same premium when you sell. Silver stacking coinage is a fools errand.
@SilverDragons47
@SilverDragons47 5 жыл бұрын
Rumple Stiltskin lol yeah high premium stuff is not for everyone. mostly flippers and collectors.. I’m focusing on ASE this year 🔥🐉
@bigredbullion3883
@bigredbullion3883 5 жыл бұрын
Great video bro
@SilverDragons47
@SilverDragons47 5 жыл бұрын
redneck stacker Thank you so much my friend!! 🔥🔥🔥🐉
@cctrapper2
@cctrapper2 5 жыл бұрын
Great tips
@SilverDragons47
@SilverDragons47 5 жыл бұрын
Cctrapper 2 Thanks a lot my friend!! 🔥🐉
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