If you’re buying it slabbed then you probably got nabbed.
@SilverDragons472 жыл бұрын
😂😂😂🔥🐉
@JeffersonRah2 жыл бұрын
Probably. But I love me my ms70 10 oz griffin.
@preciousmetalbulls2 жыл бұрын
@@JeffersonRah I’ll have some slabbed coins in my stack eventually too. They are just so nice. Definitely not hating on the slabs at all.
@xeux-i32 жыл бұрын
Well, if you knew about the NFC security, then you won’t get nabbed.
@georgecampbell14532 жыл бұрын
Big Tab Slab 👍
@sanikura8376 ай бұрын
I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for.
@sanikura8376 ай бұрын
@Anneliese-Carina That's actually quite impressive, I could use some Info on your FA, I am looking to make a change on my finances this year as well
@sanikura8376 ай бұрын
@Anneliese-Carina I will give this a look, thanks a bunch for sharing.
@hubster44775 ай бұрын
Spam
@josephchristoff50764 ай бұрын
Imagine being 20 today. Be thankful
@hubster44774 ай бұрын
@@josephchristoff5076 theyre living at home!😂
@samspace81 Жыл бұрын
I stack Eagles and will keep stacking Eagles. They sell for premiums as well
@chanceberg832 Жыл бұрын
Newer collector here why only Eagles? I Love Eagles there my favorite. But, My question is how do You get Your money back on them
@elizabeth9674 Жыл бұрын
Same. You do get it back when you sell and they are the most recognizable silver coins in the US (besides Morgan dollars and pre-64 coins.) And they make me happy. : )
@chickenbonelives Жыл бұрын
@@chanceberg832 you can sell any number of eagles, not eagle rounds, just us mint eagles without generating a tax form and a holding period. If you sell bullion to a shop the shop has to keep it on hand for 30 days in case it was stolen, causing opportunity cost, and therefore a lower sale value. Bullion also causes you to file a tax form for capital gains tax if you sell a certain amount I can't remember off the top of my head. 90% "junk" silver, or circulated money, is only taxed if you sell $1000 face value of the coins, so these are better with sale price, and no holding period. Eagles never generate the tax form ever, and require no hold period, and therefore you pay a higher premium to obtain, and sell for a higher premium.
@CommonSenseCriticism Жыл бұрын
The spreads are crazy on eagles. And what happens when the dollar dies? They're just expensive silver rounds.
@BigTomInTheBasement Жыл бұрын
@@CommonSenseCriticismI think eagles and other US minted silver and gold coins will become actual US currency in the future.
@lbjjames20622 жыл бұрын
Started stacking about 3 weeks ago your channel has helped me tremendously with my journey
@ChengHao03Ай бұрын
We Are in Unchartered Financial Waters! every day we encounter challenges that have become the new standard. Although we previously perceived it as a crisis, we now acknowledge it as the new normal and must adapt accordingly,... Given the current economic difficulties that the country is experiencing in 2024, how can we enhance our earnings during this period of adjustment? I cannot let my $680,000 savings vanish after putting in so much effort to accumulate them.
@BaozhaiDongmeiАй бұрын
Keeping some gold is usually a wise decision. You would be better off keeping away from equities for a bit or, even better, seeking advice from an expert given the current market conditions and everything that is at risk with the current economy.
@Friedrich-j3iАй бұрын
Could you possibly recommend a CFA you've consulted with?
@Friedrich-j3iАй бұрын
Thank you for saving me hours of back and forth investigation into the markets. I simply copied and pasted her full name into my browser, and her website came up first in search results. She looks flawless.
@ΗλίαςΣαρακινός2 жыл бұрын
Hi Silver Dragons! Those two coins that you are wondering how much silver contains, is Greek 30 Drachmas of 1963. Purity is 0.835 and each one contains 0.4832 troy ounce. Keep the good work! Greetings from Greece!
@nmhvactech54742 жыл бұрын
I just bought one on Saturday out of a bin of junk silver. I knew it wouldn’t be a an investment piece, but I like the way it looks. After studying it with a magnifying glass I figured it was Greek, but I would like to know more about it. So thank you for posting.
@ΗλίαςΣαρακινός2 жыл бұрын
@@nmhvactech5474 I'm Ilias Sarakinos. It will be a pleasure for me to help you anytime about Greek coins.
@nmhvactech54742 жыл бұрын
@@ΗλίαςΣαρακινός Thank you
@watthaile2053 Жыл бұрын
@David Armstrong he's using the phrase that is commonly used to designate that group of coins. It's basic communication skills, nothing shameful about it. What's shameful are self-appointed language police.
@The8BitGuy Жыл бұрын
I agree with all 5 of these. It's also too bad about the collectibles. I see those all of the time and think "yeah! I'd like to have some of those" but then I look at the price and I'm like "I'll never be able to get my money back!"
@joshpointoh9 ай бұрын
Same. I saw a 2.5 oz sword the other day, and it was beautiful. But it was around $130 for 2.5 oz of silver. I just couldn't bring myself to do it If it had been 3.5 oz for that price i probably could have talked myself into splurging on something just to collect. But knowing is only 50 something dollars worth of silver, it seemed like too much
@nermket48498 ай бұрын
It's more like jewelry at that point. And even then jewelry might be more flexible
@LifeAsDane5 ай бұрын
For this reason they can be good deals when you find out around like garage sales, auctions, LCS
@GinaR2 жыл бұрын
I agree about stacking silver Collectibles. I personally buy them because I love the series and not for stacking or resell. As for constitutional silver, I love to complete albums with them. Thank you for sharing your thoughts on stacking. Greatly appreciated it.
@torkjoy12 жыл бұрын
Selling the coin back means a lot for me. The American Silver Eagle is the easiest to sell back, not reportable, can sell large amounts easier and the high premium will always be there. I have been buying silver eagles from 2009 and even back then the premium was higher than others but I am glad I bought them because now the premium is even higher.
@94SexyStang2 жыл бұрын
I agree, some people are just stuck in the past!.....these "premiums" are likely the NEW Normal.......Eagle is a US Mint coin, it's still a Safe and Easy choice....... it's Not generic silver where you Can't even move it.
@fruitloops37182 жыл бұрын
Supposedly the increase in premiums has started from the suppliers due to the downward price manipulation on the comex. Naturally the lcs is passing on the additional premium to the end user.
@judymichaud40812 жыл бұрын
if you are stacking for ruff times silver will be silver no matter you wont get a premium back
@kitkat47chrysalis95 Жыл бұрын
@@judymichaud4081 well a lot of people trust the eagles more, i think, the right alloy mixture of steel can look identical to silver and probably barter system will prefer the eagles because they have more proofs to check for fakes
@michaelthebarbarian3380 Жыл бұрын
@@kitkat47chrysalis95 More than a leaf? Or even a Brit? Nah, man. About that same for proofs IMHO.
@jimmywest76752 жыл бұрын
I was a coin collector before a stacker, I love foreign silver. I get it 10% over spot. I take time to put them into flips and label what they are and what percent and asw is in them. I enjoy finding diff countries because most of it came back with people on vacation from those time periods. The history behind each coin, is very cool and it’s cool to see what other countries were doing, and capable of at the same time period as us. If push came to shove, silver is silver and if it’s all labeled properly it won’t be a headache to sell
@SilverDragons472 жыл бұрын
yes I said they are super fun to collect! 🔥🐉
@J-Rad- Жыл бұрын
where are you finding it 10% over spot?
@SteelHand0712 жыл бұрын
I actually like buying old world silver coins, more for the history behind them and the interesting designs over their stacking or resale value.
@georgedorn93942 жыл бұрын
Yeah the main criticism is that the guy in the video can't remember anything about them. Well that's his problem
@anthonyfranklin71372 жыл бұрын
It's annoying how high the premiums are on ASE's, but most LCS are buying them back for several dollars over spot, and the "spread" between the Buy and Sell price seems in line with the spread on other silver. If your goal is to stack max ounces for your dollar, I get avoiding ASEs, but ASEs are holding value as much as ever. I tend to dislike generic rounds and gimmicky graphic rounds / bars. Anything sovereign and instantly recognizable still looks really attractive.
@SilverDragons472 жыл бұрын
yeah I really hope eagles get more affordable in the near future but I doubt it will happen 🔥🐉
@JP-uy9kq2 жыл бұрын
Most places I've checked offer 2 or 3 bucks over spot for eagles. Doesn't seem very good for the retail seller.
@josephdillon52032 жыл бұрын
@@SilverDragons47 but in 1 of your previous videos, you stated that the ase's are the most recognized in the world, so won't it still be worth it, but just cut back on the quantity and frequency you buy it?
@jmo825922 жыл бұрын
ASE's are a prime example of supply and demand. But just because something is limited does not make it valuable. My silver rounds are not limited, but local shops offer me a little over spot. The ASE premium is taking advantage of stackers. One day it's premium will return to normal when the U.S. mint is going hard again. The sad truth is our government does not care if they are minting enough silver or gold coins. ASE is basically a numismatic coin at this point in time.
@ilijapilipovic2 жыл бұрын
Dont want any american in future. Howgh!
@katpleiadean75253 ай бұрын
I've probably done all this instinctively so good to hear it verified. Thank you. :)
@williamludlow3788 Жыл бұрын
I have all of the Chinese pandas. I think it is one of the most beautiful coins on the market. Mine are graded and include large and small dates. But I'm a collector.
@joshhershberger93842 жыл бұрын
I love the collectible silver bullion rounds but this helped me open my eyes for investing thank you
@kaibaird49412 жыл бұрын
Hey Silver Dragons, love your videos. Always very informative. I agree with all your points. I’ve been focusing on the lower premium bullion coins or rounds. There’s a few coins I will buy even though they have a high premium, such as Libertad’s and Morgan dollars!
@SilverDragons472 жыл бұрын
yeah libertads and morgans are really cool 🔥🐉
@brucehansen7949 Жыл бұрын
@@SilverDragons47 funny your recent video not long ago said how high priced marvel coins are now... $150 for Spiderman and if ya bought it at $40-50 few years ago... well that's 3x the silver when you resell and buy bullion silver. So you really suck at your job
@TheQuickSilver1012 жыл бұрын
I knew Eagles were going to make this list. Yeah practicality is really important in stacking and all of these that you mentioned are impractical. Hopefully silver eagles will be practical again at some point. Thanks!
@jasonmare332 жыл бұрын
EAGLES! the only coin can sell for same price after buying! just saying
@billrundell20972 жыл бұрын
Dealers are paying over spot for ASE. ASE are the highest desired .999 coinage in the world.
@TheQuickSilver1012 жыл бұрын
@@billrundell2097 They may be desirable, but for how long? They had a high premium in 2011 and that crashed back down for a decade. I wouldn't want to be the person who's stuck with a bunch of silver eagles that I have no chance of making my money back on for years and years.
@SilverDragons472 жыл бұрын
i’m really hoping the US Mint gets their act together soon 🔥🐉
@Milky_LUFC2 жыл бұрын
@@billrundell2097 the ASE maybe highly desired in America, but they certainly are not with the rest of the World.
@TtheSilverStacker2 жыл бұрын
I agree with everything you said! 100% clear and concise advice!
@SilverDragons472 жыл бұрын
thank you very much!
@nathanwallace574 Жыл бұрын
So today in the same change I got back from the store there was a bicentennial quarter and a 1964 Roosevelt dime. So I consider that an absolute win. This is nothing to do with the video. I'm just excited.
@mariolewis42262 жыл бұрын
For me, I personally like to collect low mintage high premium pieces. I’ll stack here & there but the collecting aspect is so much fun & way more interesting then stacking.
@MrCreepers212 жыл бұрын
100% I stack but like collectibles too. People like to gloss over when silver spot price takes a hit the quality collectible coins don’t. Like recently the Royal Mint Queens Beast coins kept a high value.
@SilverDragons472 жыл бұрын
yeah everyone has a different strategy 👍🏽 I obviously dabble in collectibles as well but I don’t really see it as “stacking” 🔥🐉
@darkstranger19709 ай бұрын
For all the people confused about 1 oz of precious metal: They are using Troy Ounces which is 31.1g and is universal.
@TheShmeebitdog2 жыл бұрын
Actually I recently learned in the coin collection groups the collect for rarity or coolness they want toning on the coins as it makes it easier to see the definition on the coin and shows it’s age
@tracy2762 Жыл бұрын
that does apply to the morgans etc but i havent heard for new bullion...a like new morgan is just as valuable and more but they do have some gorgeous colored ones alsi.
@nathanflanery7746 Жыл бұрын
That sounds like someone trying to sell something for more than it's worth. Everybody in sales has a gimmick. Yes, toned coins can be quite beautiful and unique. However, toned coins are a relatively new trend when it comes to coin collecting. I've been collecting coins since the mid-1980's and I don't recall toned coins being a big deal until about a decade ago when a bunch of Morgan dollars that had never been released into circulation were found in like the basement of an old Federal Reserve Bank and picked up wonderful toning from being stored in poor, damp conditions while being held in burlap bags that contained sulphur. They were a big hit in the coin collecting community, and ever since, toned coins have become a new way to add value to something that would otherwise be worth 1/2 as much. This brings me to my main point which is, although toning can be attractive, it can also be ugly. Everything else being equal, it is often HARDER to see details with anything other than very light toning. To say or imply that all or even most toned coins display details better is a good way to sucker someone into paying much more for a coin than it's worth. If I had a bunch of toned coins and wanted to sell them at an even higher premium (and had no conscience) that is what I would tell people.
@notpoliticallycorrect2 жыл бұрын
Your rhyming, slab, flab, crab....was perfect! Please keep in mind that "slad" coins are simply their way of guaranteeing authenticity.
@josephdaniel6943 Жыл бұрын
I’ve bought the Chinese Silver Pandas for my niece and nephews the past few years for Christmas, and Silver Eagles for their birthdays. I know I’m personally not stacking ASE’s and Pandas, I’m gifting them these coins cause it’s nicer, but I also know they may sell them when they turn 18-20 for a car or college🤷🏻♂️
@chanceberg832 Жыл бұрын
You Expect more than I do...I expect ASE to Double my money but no car or college...Maybe You are right
@macclark41122 жыл бұрын
I made this fact abundantly clear for all you Newbies several years back. No such thing as pretty silver unless you intend to own 1 coin. And never stack anything more then 1 coin.
@byteme0000 Жыл бұрын
And now, if you sell more than $600 worth of items per year, eBay sends your sales information to the IRS. That was one of several reasons why I stopped using eBay. It’s so stupid because you can’t even sell old stuff that you need to get rid of that has accumulated in your basement. The IRS just assumes that you’re running a business and “profiting.” So now, to sell unneeded stuff, you need to be able to show the IRS how much you originally paid for an item and how much it sold for on eBay. Ridiculous. Who keeps receipts from back in the day when they first bought something?
@tghodosko7259 Жыл бұрын
I appreciate your work Silver Dragon, I'm just starting out and your videos really helped.
@keithkelso98722 жыл бұрын
Of course those are the one’s I recently bought
@SilverDragons472 жыл бұрын
lol of course 🔥🐉
@AnthonyAlba-to2gh10 ай бұрын
100% agree on slabbed coins. I do place the 999 in capsules, which takes up space already.
@hillbillystacker2 жыл бұрын
I buy some fractional silver rounds and bars for the collectible aspect of it, my daughters like the small fractional pieces and ultimately that's who it all goes to, I let them pick out a few pieces they like and I buy those for them and they really enjoy them, they save their money and if they see something they like then they get it. Keeps them excited and interested in stacking, they each have quite a few goldbacks as well
@SilverDragons472 жыл бұрын
there are always exceptions! 🔥🐉
@FosterFarmsOk Жыл бұрын
SD is consistently the highest online dealer.
@NandiCollector2 жыл бұрын
*Another great informative video mate but I will disagree with you for the #2 because foreign silver coins (whatever percentage) have a nice 'numismatic' premium and some of them are worth more than the 999 silver Eagles, Pandas, etc. World silver coins have history in them and this is the reason I'm collecting as much as possible with reasonable prices. ;)*
@stephentorrey872710 ай бұрын
That's collecting, not stacking though. Stacking is purely about investing in the value of the metal.
@brandonspaulding8097 Жыл бұрын
Thanks for the informative video Silver Dragons!
@frostfire52082 жыл бұрын
I remember when China swapped from One ounce to 30 grams. There was an interim period where they just listed no weight, but didn't say one ounce, so people were wondering if they were fake, or the mint itself made a mistake, or at worse was cheating customers. The next year that season - the 30 grams started showing. The counterpoint is that every year the Panda is a different design, so it may be worth it to stack and hope the numismatic value rises.
@HerrStaale Жыл бұрын
Last 1oz was in 2015, but they have a bad capsule also in any weight
@garbo8962 Жыл бұрын
NEVER trust POS lying cheating communist china.
@busdriver4571 Жыл бұрын
I don’t understand this. 1 Oz is 28 grams. So 30 grams is actually larger than 1 Oz.
@HerrStaale Жыл бұрын
@@busdriver4571 1 Oz is 31,1 gram.. The 28 is not used in metals.. Google it for accurate answer
@frostfire5208 Жыл бұрын
@@busdriver4571 For gold/silver we use Troy Ounces which are a bit heavier than a regular ounce. Confusing if you didn't know I agree. The troy ounce is the equivalent of 31.1034768 grams. A standard ounce is the equivalent of 28.349 grams, or around 10% less. From investopedia
@josecalderon83608 ай бұрын
Thanks for so much reliable information.
@percys94272 жыл бұрын
Slabbed coins are great ! If the coins are rare !
@SilverDragons472 жыл бұрын
they are fun for collecting 🔥🐉
@ElliotMartinezMusic Жыл бұрын
Great job explaining to basics to people.
@shauncorless89652 жыл бұрын
Avoid USA eagle,s here in Scotland as the premiums are getting out of hand,50/70 dollars each then 20% tax on top ,silver stacking here is a long long term investment, platinum under valued 🤔no tax on gold
@boognish98692 жыл бұрын
Lol 20% tax on top of that. Europe is awful.
@JayK3052 жыл бұрын
Why are you being taxed on it so much over there? Even nonforeign?
@MartinD99992 жыл бұрын
@Cameron Why?
@stuartmoore63102 жыл бұрын
@@MartinD9999 VAT, which we don't have here in USA. But we get screwed over in different ways. Health care costs and access are a NIGHTMARE!
@88amona2 жыл бұрын
That's a high tax
@rjsledz2 жыл бұрын
Very good advice for people who want to stack bullion silver. Thank you!!
@CoinsWithTourettes2 жыл бұрын
I spent $90 on a 2022 Cook Island Iron Maiden Number of the Beast $5 1oz 1 of 1982 for my dads birthday. It’s nothing i’d buy to add to my personal collection because it’s 4.5X melt. But Iron Maiden is in my dads top 3 bands and i couldn’t pass it up in my LCS.
@TrevForPresident2 жыл бұрын
I've seen these and they look awesome.
@SilverDragons472 жыл бұрын
nothing wrong with getting some fun stuff every once in a while to keep it interesting 🔥🐉
@Mike-lh4wn2 жыл бұрын
Just decided that I'm done stacking. Now I'm collecting. If I'm going to pay premiums, might as well just get the good stuff that I really want. ATBs, 10 oz Queens Beasts, Niue themed coins, pandas, etc. Might cost more, but I've already got enough regular bullion stacked up. Now it's time for some fun...but at a slower pace.
@Kick_Rocks_2 жыл бұрын
At this point I don’t believe I will ever buy another ASE for the rest of my life. The premiums are so outrageous it’s insulting.
@SilverDragons472 жыл бұрын
yeah i’m thinking the same. maybe just buy a few for videos 🔥🐉
@Kick_Rocks_2 жыл бұрын
@@SilverDragons47 And it’s a damn shame too. I love the ASEs. My hope is this; if enough people get on board on not buying them perhaps the premiums will come down to a more reasonable level.
@mykittenisagrandmaster43812 жыл бұрын
Some coins you try to avoid but they tempt you with their limited amount and their really nice design
@brianclevenger55212 жыл бұрын
I basically agree with all of that. I like digging through generic rounds and bars just to find something different.
@andrewkolb63092 жыл бұрын
In like doing that too! I have a lot of different rounds
@MartinD99992 жыл бұрын
Yup, sometimes there’s that odd, beautiful, never before seen, cool silver coin in a pile that’s worthy of its own capsule 😂 The only generic silver coin I buy regularly is the Pieces of Eight skull/pirate 1 oz from Golden State Mint.
@SilverDragons472 жыл бұрын
yeah I used to buy lots of generic rounds to melt and I saved the fun ones… now I melt silver shot 🔥🐉
@bernardwright15516 ай бұрын
Great video - i just went into the coin store last week and the owner advised against me getting for investment purposes grading for silver coins - makes sense with what you were saying! B
@matthewmcconaughy73512 жыл бұрын
Im still new to stacking and dont have much. thanks for this. i guess my goal is generics for now. think that radnom design on SD is a good deal?
@sawyer31192 жыл бұрын
As long as you're buying over 200$ for the free shipping they're worth it. If not it's always better to go to a local coin shop that has competitive pricing.
@matthewmcconaughy73512 жыл бұрын
ive been to 3 coin shops and only one had some silver and the next tim ethey were sold out as well
@billrundell20972 жыл бұрын
ASE are bought back from dealers over the spot value. ASE are the most desired coin in the entire world.
@sawyer31192 жыл бұрын
@@billrundell2097 2-3 dollars over spot tops, what about the other 13 dollars? That's a lot of time to climb. Idk why people choose to die on the ASE hill. They're taking advantage of the stubbornness of greybeard stackers in my opinion. If we stop buying them, they'll lose the insane premiums. You're just fueling their greed
@sawyer31192 жыл бұрын
@@matthewmcconaughy7351 try calling around some local pawn shops or stores that advertise that they buy and sell silver an gold. Internet sales are still a good route to go but you have to play their shipping games to really take advantage of their deals
@ironface76f9 ай бұрын
Educational as usual 🙌🏾
@Mike-lh4wn2 жыл бұрын
I have a decent enough stack and own a little bit of everything. So at this point I am fine with accumulating generics, xmas coins, or whatever else is in the junk bin at the LCS. I still treat myself to pandas, and might occasionally pick up some novelty coins. But I see no need to buy ASEs, maples, etc anymore.
@SilverDragons472 жыл бұрын
yeah if it’s in the junk bin at the LCS I approve 🔥🐉
@maxjurish2589 Жыл бұрын
I totally agree with the presentation and I’ve dealt on an of with the Ag (silver) off an on for years. With eagles you have a beautiful coin but for stacking your really paying a con premium!
@edwardrad10512 жыл бұрын
I bought some 1oz silver rounds today for $23.00 each . I didn’t think that was to bad . It’s the first silver I have bought in awhile due to the high premiums .
@SilverDragons472 жыл бұрын
wow nice snags! 🔥🐉
@leinad.s2 жыл бұрын
I brought a 2016 Trump freedom dollar for expensive. But I had to have it for my Trump silver coin collection.
@leinad.s2 жыл бұрын
@@SilverDragons47 The US mint isn't following the law if they aren't keeping upto demand.
@jmwsr474 Жыл бұрын
@@leinad.s Our government doesn't concern itself with "the law" it only applies to it's subjects.
@Farsider3955 Жыл бұрын
🤔….first time viewer of your channel - excellent video. I’m sure you have covered the difference between a “coin” and a “round” in another vid. I recommend stacking coins (just a personal preference). I also really like “junk silver” - reason?….it’s 90% silver for sure AND the U.S Mint will never make more. The “limited quantity” factor could be important in coming years.
@alanbud51812 жыл бұрын
Stacking any silver coinage is problematic these days, the premiums make it impossible to recoup your investment.
@sawyer31192 жыл бұрын
Not really with generics. A couple bucks is standard, they gotta make their money somehow. Which is why it's a long term investment. I'm technically 800$ in the hole just on that lil bit extra I gotta pay over spot but in 10-20 years that will move really quickly. If you're buying 3 dollars over then all it has to do is go up 4 dollars for you to actually make a profit. Which is not out of the realm of possibilities in the next year or so
@ninjatvlv61012 жыл бұрын
Id rather get rounds than 1 0z bars. My local lcs use to sell bars and rounds at the same but now rounds are cheaper. 10 oz bars still a good buy or when the deals kick on
@SilverDragons472 жыл бұрын
that’s why it’s a long term investment not short term 🙄 most of my stack I bought under $20 per oz though 🔥🐉
@thomasfritz6908 Жыл бұрын
I say you should avoid them unless someone is selling them for spot price instead of a high premium.
@williamfielding83022 жыл бұрын
For collecting silver your almost correct when you say stay away from slabbed coins. I have collected coins for over 40 years and Silver coins are top on my must have list. Lets use one of the coins you said to avoid as an example... American Silver Eagles in a slab from NGC or PCGS that is graded above ms69 it will fetch you a much higher price anywhere in the world than a non-slabbed coin from the same mint and year. People put down slabbed coins because they don't really understand the worth of a graded and slabbed coin from one of the top 2 grading companies in the world. A 2022 PF70 UDC coin will still be a PF70 UDC in 500 years provided the slab has not been open and trust me it's impossible to open an NGC or PCGS slab without destroying the slab. Now about having coins in general graded and slabbed I own a 1986 S Jefferson Nickel NGC Graded and slabbed PF70 UDC by NGC (yes I know it's not silver) that cost me $45.00 to buy the Silver Proof set it came in, And another $100 or so to have graded. It was a 6 coin set My nickel was the 9th in the world to be graded at that level that includes both NGC and PCGS populations. Mine was graded in 2011 and now with a population of over 200 between the two companies is still worth 44,000 times face value for a modern nickel can you do that stacking silver coins? No you can't if your collecting silver just to have silver as an investment buy Silver bars or check your pocket change for old worn out Silver coins. That's the only way you will ever come out ahead saving silver. And as a side note I have about 10 kilos of silver sitting in my safe deposit box right now. And will continue to add to it but I truly don't see silver going over $30.00 an ounce anytime soon, Unless we can get the top 5 NUTS out of Washington very soon. However we might get lucky and they destroy this country to the point that Silver is $3.00 an ounce again. Then "Let the Stacking begin" Happy collecting
@MR-mm6gr2 жыл бұрын
Very well said and explained. That’s a good debate and this also reassured my strategy. I just got into buying silver and collecting coins and my mentality is exactly of how you just explained it. Premiums are high right now but then 10 years from now they might be higher for the same coin. But like the Morgan now, I heard that Morgan used to be $8 and now they are over $40.
@libraryofthemind Жыл бұрын
William, could I ask you if coin collecting is worth it for people who are mainly interested in investing? How can I learn about the best coins to collect for investing? I am from Australia. Thank you.
@donnaligon2010 Жыл бұрын
What are stabbed coins?
@williamfielding8302 Жыл бұрын
@@donnaligon2010 Coins that have been graded by a third party grading company that is a member of the ANA. I use NGC or PCGS. The coins are encapsulated in a tamper proof plastic "Slab" that keeps them in the same condition as the day they were graded. This does 2 things a coin graded MS-70 today will still be MS-70 100 years from now. And give's the coin a registration number in the event it is stolen or if you wish to sell it the buyer can look that coin up and find it's "History". It adds cost to collecting but takes away the guess work at grading it yourself. (TBH everyone over grades their own coins It's just human nature )
@55metalmonkey2 жыл бұрын
I avoid pandas like the plague, mostly because I live somewhat close to a major city that has a huge Chinese population and there has been a massive influx of fakes over the past 5 years. I know you can get fakes in almost anything (morgans, ASE, Maples etc) but it seems more prone to pandas in my area if you buy from private sellers. I pretty much only buy silver from my 3 main dealers, from private sellers I will only buy junk/coin silver from US and Canada because I know what I'm looking for and can easily identify them. Slabbed coins are for suckers and numismatic collectors who value that proof like/ mint state coin and will pay through the nose for it.
@ncarich42222 жыл бұрын
Wouldn't have to worry about fakes if you bought them slabbed. And the reason people "pay out the nose" for slabbed coins is because the value tends to increase. Usually at a higher rate than the metal value. Just saying.
@SilverDragons472 жыл бұрын
yeah I have even seen a good amount of fake slabs as well! 🔥🐉
@ncarich42222 жыл бұрын
@@SilverDragons47 Fake NGC or PCGS slabs?? You know you can pull out your phone and scan the barcode on the slab to see if it is a legitimate holder right? Much safer than trusting a loose coin.
@thepetersd5352 жыл бұрын
@@ncarich4222 there's fake slabs that reprint a legit bar code, not saying i personally think they're a bad buy. I see private sellers selling slabbed 1/10 gold and 1/4 gold for literally just a few dollars more than what you'd normally want to pay, just saying it all can definitely be faked
@dougm2250 Жыл бұрын
@@ncarich4222 I just downloaded the NGC and PCGS scanners after learning about them last week and the scanners work great. Thank God the 2 Franklins I purchased off C.L. were legit! LOL
@fredfarkle-bp9en Жыл бұрын
I love the China Silver Panda Im getting a good price online, and i cant stop wanting them
@libelle8124 Жыл бұрын
I just looked it up again to be sure. 1oz in the UK converts to 28.3495231 grams. So 30 grams doesn't sound to bad to me.
@StoutFlier Жыл бұрын
@@Craigx71 The ASE is 1 TROY oz. Therefore, it weighs 31.1 g. A 30 g Chinese Panda is .997 or 99.7% of one Troy oz. Silver spot price is measured in USD to TROY oz. Close enough for me.
@HazardNP9 ай бұрын
An ounce and a troy ounce are 2 different things. Drug dealers sell in 28gram ounces, anything to do with precious metals is 31grams.
@roger1214 Жыл бұрын
About the slabbed coins i totally agree with you.... the premium is Massive"!!!
@cyberwolf91922 жыл бұрын
Is 1/10 gold coins good to stack on a budget
@jessecabassa2 жыл бұрын
They are the only ones i can afford. They do add up.
@cyberwolf91922 жыл бұрын
@@jessecabassa only ones I can afford while planning a 60 days Philippines vacation, but what the wife wants she gets 😆
@dronetestdaegan2 жыл бұрын
Save and get half ounces. Better spending in the long term.
@johnmorgan97312 жыл бұрын
Fractional gold is great. Sell to other collectors to get your premium back. I only buy liquidity silver & gold coins.
@jessecabassa2 жыл бұрын
@@johnmorgan9731 I've been able to get some nice 1/10 oz coins for the same premium as gold eagles. MS 69-70 lunas. Pandas as well.
@MarvinThiessen2 ай бұрын
I collect Canadian Maples, American Eagles, Morgans, Peace silver, some junk silver, nothing outside of North America, all 80% and 90% silver, makes it easier to sell and I can relate to both. Foreign coins are a crapshoot, hard to know what percentage of silver they contain unless you're an expert.
@bruceedginton31392 жыл бұрын
I have avoided the Pandas also. Just not into them, or the philharmonic and kangaroo. I would just much rather have rounds and britannias, and maple 🍁 I do have some 🦅 Eagle coins, but they are collector coins and that is a totally different thing.
@DannyWalker2472 жыл бұрын
I like the kangaroo. I like the size and that it is government minted. And somehow I seem to have bought them cheaper than other coins along the way. I also like the Britannia. I would never buy a round because they are usually not much cheaper than the government mints.
@sawyer31192 жыл бұрын
I have never understood the fascination with philharmonics either. They're designed so vanilla for the hype they get. Same with kangaroos
@DannyWalker2472 жыл бұрын
@@sawyer3119 Well philharmonics are government minted 1 oz silver so pure stackers buy them. I have a few but am not really a fan either.
@konstantinosm.33292 жыл бұрын
Seeing both your comment, and the replies underneath, makes me happy! More philarmonics for me! :) And kangaroos. I like britannias also, and i don't know where you live, but in Europe, the premiums for britannias, are a tiny bit higher than philarmonics and kangaroos.
@SilverDragons472 жыл бұрын
I feel like if you are wanting to buy coins then brits, roos, phils, and krugs are all decent options 🔥🐉
@mrblue1933 Жыл бұрын
Great video SD.
@shipmate35772 жыл бұрын
First time I actually agree with you on everything in a video. Btw, Australian Kangaroos are the way to go atm.
@SilverDragons472 жыл бұрын
thanks for watching and stack those roos! 🔥🐉
@papag65682 жыл бұрын
There once was a stacker named Dragon. Who was in Oregon by way of covered wagon. He would not keep what was slabbed Cause he said “they’re not fab.” But through auction would sell as attractions!
@SilverDragons472 жыл бұрын
😂😂😂 so good 🔥🐉
@kerryjohns77842 күн бұрын
Started buying silver 4 weeks ago I got sucked into the collectables however for me who can't even save $10 cash even if I only get some of my money back one day I'm still better off with buying silver to help save me something
@syberphish2 жыл бұрын
90% is no longer worth stacking, the premiums went from 8.39 to 9.89 to 10.49! Like, what the heck??? A premium of $10.49 for DIMES?? This is getting ridiculous.
@billrundell20972 жыл бұрын
Not enough junk to float our currency. 2% people own all the junk. What will the the 98% of people use? Junk will be remelted are a large fee. Junk would have worked during your great grandmother's day.
@syberphish2 жыл бұрын
@@billrundell2097 My ex-wife made it very clear what she intended to use to barter with... I have a feeling most of this information of silver and wealth will primarily apply to men. As the modern "independent" woman is determined to make her way apart from any man. Except of course the ones she's bartering with.
@SilverDragons472 жыл бұрын
the premiums are sneaking up 🔥🐉
@syberphish2 жыл бұрын
@@SilverDragons47 hah, that was a pretty safe response :P The premiums are just the way for the middlemen to cash in on the rise in demand. It's like "hey, people are buying it, why wouldn't we raise the prices?"; except no one will actually just come out and say that.
@adams09602 жыл бұрын
Excellent video Sir. Thank you from a newer stacker. 👍
@SilverDragons472 жыл бұрын
you are very welcome and thanks for watching! 🔥🐉
@exmarine2682 жыл бұрын
At these premiums, I am avoiding pretty much all silver coins. I feel it is bordering on gouging. Premiums on junk silver are just stupid. No thank you!
@sawyer31192 жыл бұрын
Gotta hit up your local shops that go with competitive pricing. The one in my area is selling generics at 21.90 oz right now. Just bought a kilo for 718 too 🙌
@exmarine2682 жыл бұрын
@@sawyer3119 - yep one of these days I’ll visit my LCS again, but I don’t think I’ll get any better deal really. I don’t really have any great LCS in my area. When premiums online went up, so did theirs. I don’t trust anybody any more. I think I’ll end up sitting tight with what I got.
@sawyer31192 жыл бұрын
@@exmarine268 How much are we talking? Imo now is the time to balls out an buy what you can. Just 6 months ago I couldn't find silver any lower than 27. Now I'm buying at 22, an the retirees I know liquidating are selling at spot in a panic. It's been pretty great for long term stackers
@exmarine2682 жыл бұрын
@@sawyer3119 - I just retired but I’m not selling. I’ve never sold 1 single oz. It’s just a different market than it was 5 years ago when spot deals were common. I think silver may go up a lot soon as all other investments tank. I may buy some more but only if I find a good deal.
@SilverDragons472 жыл бұрын
yeah even junk silver has a high premium now at most places 🔥🐉
@drayke69362 жыл бұрын
Wish I had seen this video before I started stacking. I'm a beginner stacker and my first purchase was a tube of Silver Eagles. I also bought a 10 oz American Flag bar. Seeing how much cheaper the bar was compared to the ASE I'll just buy rounds and bars. I plan on buying gold as well. I would love a couple Buffalo's are those worth buying?
@kleersteelkleersteel71872 жыл бұрын
If it comes in a slab, it's still better then taking a JAB! (in the arm, that is)
@sawyer31192 жыл бұрын
Haha well it's not a lie 🤣
@SilverDragons472 жыл бұрын
😂😂😂🔥🐉
@New-bw4kz Жыл бұрын
This is like real estate investing, some like residential, industrial, commercial etc
@michaelkirk9870 Жыл бұрын
China Panda’s at 30 grams? There 28 grams to an ounce? So, aren’t the Chinese silver & gold Panda’s 2 grams more than an ounce? You pay a premium for these because they weigh more than an ounce. Recently cashed 15 in and they outperformed rounds by a mile. Cheers, agree with your other observations.
@MoodyClanHQ4 ай бұрын
31.1 grams to a troy ounce which is what is used for precious metals, not the 28 gram normal ounce used for everything else
@SnoopEastwood Жыл бұрын
Silver eagles are fine to stack but they are expensive as heck. If you buy 20+ at a time might be a better value.
@Americanpatriot-zo2tk2 жыл бұрын
I will not got anything that has to do with China or even and implied that has to do with China
@charlesthayer36632 жыл бұрын
How about some grading tips for silver coins. What to save and what to get rid of...Thanks love your clips..
@E150GT2 жыл бұрын
Brand new stacker here. Haven't even received my first ounce yet. I picked up 10 silver eagles because they are beautiful. But after that nope not buying. Those gold eagles though. Not sure if I can avoid those or not.
@SnoopEastwood Жыл бұрын
Slabbed for stacking makes no sense but slabbed coins for historical coins and simply collecting makes sense i have many slabbed old coins.
@silverbeancounter2 жыл бұрын
Pretty good advice Baggins. Especially about slabbed coins. Those are for collectors not stackers. I remember when silver eagles were for stackers. What happened? LOL 😂
@SilverDragons472 жыл бұрын
I know I miss the low premium eagles but back then everyone was crying about them being $3 over spot 😂🔥🐉
@martynm.44910 ай бұрын
In the UK, there's no such thing as low premium Silver.
@sovereignlivingsoul Жыл бұрын
good suggestions, and i mostly agree, but i still like fractional gold and silver
@MistressRavenIvy2 жыл бұрын
Great video Silver Dragon, thank you!
@SilverDragons472 жыл бұрын
you are welcome thanks for watching! 🔥🐉
@amarineae5 ай бұрын
May 2024 Fun to see Silver $30. Now ASE are almost $3 above spot at my LCS .
@RonaSpreader6 ай бұрын
I sold my collection and the reason Im watching videos is to get back into the market. I had approx 1000 ounces of collectible or sought after silver. I made so much money from these because everyone wanted them. I do admit there were only a few things i over paid for. So get it at as little premium as possible.
@monagrillo292 жыл бұрын
Niceeee video. As every invest, there's a some basic information to help on the long way. Regarding, Panamanian "Medio Balboa", as the majority of silver currency from Panama, is the same as U.S. Constitutional Coins: 90% pure.
@FathomFrequency2 жыл бұрын
I couldn't help buying some collectibles with prices lowered due to spot dip - really dig germania mint designs.
@SilverDragons472 жыл бұрын
nothing wrong with a little collecting on the side 🫠🔥🐉
@SilverGram Жыл бұрын
Hi Silver Dragons, I started stacking silver a decade ago. I was/am only interested in silver eagles and junk silver. My stack is about 50/50 of each.
@贺泽雄-f5q Жыл бұрын
In China, Silver Panda is not a bad choice for silver stacking. I don’t like their new weight standard as well, and I never bought them once. However, some of the one-ounce over-issued years gold pandas are worth buying. Cos the price is currently below the silver spot price, such as the year 2015 and 2011.
@objvst Жыл бұрын
Krause World Coin books are great for knowing content details on Foreign Coins.
@UtopianNightmare Жыл бұрын
It's nice to see Philip DeFranco stacking silver
@proudcanuck11 ай бұрын
Just found your channel after I just purchased my first 6 silver 1oz coins
@wildbill17268 ай бұрын
Silvergoldbull in canada. They have a 10 oz bar at spot right now to end of the month.
@goldcic. Жыл бұрын
Having graded so many real 50 cent walkers I can't appreciate the new attempt. Not so for the gold buffalo, but true for the Merc Pd. 2009 restock UHR is awesome in every aspect. My favorite modern coin for a old coin numi. 👍❤️🐥
@MrThe1234guy2 жыл бұрын
The best silver to stack is it the highest premium perception for the lowest premium out of pocket. Collectibles are great when you buy them right in bulk. If you are a coin dealer it doesn't matter how nice the coin is you're buying at spot or close. Obviously there are some exceptions.
@SilverDragons472 жыл бұрын
always exceptions no doubt 👍🏽🔥🐉
@neutralerbeobachter20062 жыл бұрын
Greetings from Germany ... Great Channel !!
@tecumseh65Ай бұрын
How do you feel about staking Krugerrands?
@Justin_Time12006 ай бұрын
My family has an auction business. We sell coins at auctions probably 20-30 times per year. Slabbed coins sometimes won't bring much over what the average raw coin would.
@mapleleafsfan27 Жыл бұрын
I Collect coins as well as stack. I have bought some collectible silver but only what I want to put in a nice display knowing that I will probably lose on any resale. I do have 20 of the 30gram Pandas but I got them at just over spot 4 years ago.
@DreidMusicalX Жыл бұрын
I have collected a few thousand world coins on top of my US Coins and it's a blast learning about world coins and some are seriously expensive! Don't let the world coins discourage you. They also have value in collector's worth and rarity. If you're worrying about silver and worried the world is always crashing, that will stop you from making great investments in your future of retirement, where rare coins are a great choice. Yes many coins have less silver in them and if that is all you're into it for. Thats fine. But collecting coins is also great knowledge of the world and finding out different countries coins belonged to that in some case are actually no longer countries at all if you go back far enough. Are there any guarantees in life? No. and maybe one day money will have no value at all. I doubt it, but never say never. The robots are coming. 🤔😉
@ScottsdaleMint2 жыл бұрын
Solid list. Eagles are waste right now. Going to get worse with the US Mint taking frequent and lengthy vacations.
@SilverDragons472 жыл бұрын
yeah I couldn’t agree more 🔥🐉
@mrtrapper9310 ай бұрын
I have 3 ASE's slabbed and I got nabbed, Learned my lesson! Anything small, I've won and anything "collectable" I've won and I do have a couple very collectible, unique coins that I found very beautiful, so I own them but yes, I do follow these general rules for stacking!
@trentme092 жыл бұрын
Thanks for not mentioning Maples like you did in another recent video...I love em too much to stop! 😆
@sawyer31192 жыл бұрын
I was really surprised to hear him say that tbh lol he's always spoke so highly of them
@SilverDragons472 жыл бұрын
yeah if you can find good deals on them they are still ok 🔥🐉