Deep Silver Stack Mistakes? or not???
Vložit
- čas přidán 25. 07. 2024
- What is the concept of "deep stack" Let's talk about it, primarily for silver bars and such, but also for gold. Are you liquid, or are you a collector. Why? Maybe you can learn from my mistakes and successes.
In this video I talk about silver stacking mistakes that you need to avoid. I have been stacking for a numbers of years and I like to make silver stacking for beginners videos and I wish that others had given me some silver stacking tips when I first started. Silver stacking in 2024 will be a great year to acquire more silver. If you are wanting to buy silver coins, silver bars, or any silver bullion then this is the video for you. I will be silver stacking 2024 as hard as I can. If you are just wanting to invest in silver or buy physical silver then this silver stacking advice is great for you as well! Silver investing is tricky and I hope that these silver stacking mistakes can help you make good silver stacking choices. If there are any other silver bullion tips that I missed please post them in the comments.
Great video. I have some similar stories with my "deep" stack. Some major regrets, some that have done well. I try to stay logical with my stacking but sometimes the heart just wants what the heart wants.
LOUIES LOGIC IS SPOT ON. PUN INTENDED THANK YOU
I recently purged things like the milky Brits and other things of that nature and bought gold. I held on to very lil slabbed pieces and tried to simplify! Great video and commentary buddy!
Thanks for showing us your stack and telling us the stories behind the items. Very useful info too! I like your vintage ingots collection and I truly believe they will always be sought after. The cat cameo was nice and you have some very nice people in the comment section. I love this channel! 🙂 All the very best to you!
You're very welcome. Thanks for watching!
I don't have much in ultra high premium. Quite a bit in light premium. I think I've managed risk well
I have a similar bad deep stack…and a similar good deep stack…a lot of regrets…but some of those things might be worth a lot one day…you never know
yeah maybe milk spots will be in style and considered desirable one day
I really like that 1881 cc 🤣 super awesome and the 1878 cc ❤. CZcams can be good when you find smart people and horrible when you find ….
Great video thanks
The CC's one of my favorite investments. Thanks for the comment.
Louie, you even have a cat that loves silver..hilarious!
Stacker kitty!
Love it
Very well said.. I touched on that in one of my videos. I have some of those bad choices too lol.
For guys like us with large investments, it is so easy to go down that road. Would I trade it all for another monster box of eagles? Yeah!
Love the vid... its old school being relived... thanks!!!
Text Lori this was a great video personally I try to stick to just mainly ASE Maple Leafs I am less than 50 mi from Canada . And I love constitutional
I have 15 to 1 silverworks in my deep stack! 🥳🥳😍😍
Great video and my cats 😺 love silver too... the SHINY stuff! I have to remind myself it's all about the weight and close to spot as possible. However, the artistry in silver rounds/coins/bars can become addictive. I collected the 2oz egyptian gods (minus khnum) and the queens' beast. I tried not to "Overpay" to fill the collection. My wife looked at them "ya, the coins are nice looking". Thanks for the daily morning videos on best silver and gold deals!!
Some of those 2 ounce rounds do very very well in the aftermarket. Congrats, and thank you!
Hi Louie, thank you for the vlog! Since I've just started, I think all I have are deep stacked for now. It is very tempting to go after the seminumismatic or the stuff that looks pretty. I guess everything in moderation so long it's something you like. Lately I've been following your suggestions on buying on the dips and for now I'll try to keep focused on stacking weight.
Good for you. Stay focused and get the base of that pyramid built!
You made me my cigar box when I first started stacking. So, I’ve been stacking since 2018 and then I watched what increased in value in 2020 - 2021. I got to see what was desirable when fomo set in, so I changed up my strategy based on what I’ve learned. I’ve also learned throughout the years, you gotta sell it while it’s hot. If you hold onto new modern hot products, after a while they start being old news. I’ve rounded my stack out to eagles, Maples, Libertads, Morgan’s, peace dollars, quarters, dimes, half dollars, tubes of 2oz quest beasts when they were cheap, 5oz US state quarters, 5oz Libertads, very few generic rounds and bars. The coins that did the best for me were the 2oz reverse proof Libertads. I remember thinking, I just wanted them even though $100 -$120 seemed like a lot and now they’re worth hundreds. LCS won’t pay the higher prices but when I start selling, things like those will go on eBay.
Oh, that’s very cool. You have one of my cigar boxes. I’m glad you made good use of it and it sounds like your journey has been a very positive one. Be well, my friend.
Always adding weight at cheapest price, I will add some Scottsdale premium stuff or pick up a Kookaburra for my wifes collection but it is not a priority. Numismatic type coins are another item I pick up on a very limited basis. Great video, excellent advice
Thanks, yeah buy any crazy thing you want once in a while. I'm afraid I over did it......
I clean my English Silver bullion with a silver cream product. Looks great.
I find that now i am fully loaded and don't need to buy anymore, that i get bored and make purchases that may bite me on the bum later. I need to think a little more carefully. Thanks for the video and cat.
Thank you for the peek at your deep stack. Great channel. I never understood the attraction of koalas and pandas or anything from China. Thank you Thank you Louie
I always appreciated the changing designs. But Americans voted with their feet and decided no more. British not much better. At least Perth mint is always a flawless product.
Interesting post old friend. So far I am doing prteey well. Lots and lots of weight and just a few yearly sets that will likely sell well. My tastes haven't changed much. A sucker for any old Lib's and 100 gram Scottsdale poured bars. A bunch of yearly Silver Forum pieces just for because. and lately decided that I have verry little of my own pieces I will do a couple a month. I gave myself a half dozen Tiny Tigers and a pyramid earlier on this month. Thanks a bunch Louie. Always a nice day hearing your voice bud.
Hi Dean! I kept one of almost everything I poured, but that kind of creates a problem if you ever want to monetize them. I guess those will go so deep not even I can sell them lol. Have a great weekend buddy.
@@losinglouie It was really funny the one day not long ago I was shipping a bunch of things and realised "Hey, This piece is really good." Then the light came on, LOL. 8 years and thousands of pices shipped all over the world and a huge pile collected and stacked. Oh how I wish my Mary was here to see what she started colecting silver change and now me ordering 50 ozt + a month to do what I love doing and that is making folks feel good and being happy. It has all changed so much now. Most of the romance is all but gone. I still do a few carbonmolds like the Tiny Tigers but for the best part Petro is what people want. I hope we as pourers never forget the first KitKat we poured, That romance thing eh.Your a good friend Louie. Really glad to know you old friend. Dive, dive, dive eh. LOL.
"Argent philia" - just made that up.
Compared to my full stack my deep stack items have become a very small percentage of my holdings. Things like Libertad 7 coin proof sets, a $10 gold Indian, etc.
The only fun thing I am keeping up with now is the new series of Zombucks. Everything else the last 5 years has been just adding weight.
Good video my friend!
As it should be. Unless someone is really wealthy the collector stuff is trouble.
The beginning of your wrap up started to sound like Navin Johnson (Movie: The Jerk) saying, " I don't need this or this. Just this ashtray... And this paddle game. - The ashtray and the paddle game and that's all I need... And this remote control. - The ashtray, the paddle game, and the remote control, and that's all I need... And..." Not a complaint, just made me laugh!
lol, a comlicated topic to be sure : )
We all have stuff like this!!
I only do ASE, buffs and maples...nothing else...so far lol.
Excellent video! I know you have mentioned your Libertads in past videos. How do Libertads fit into your comments about your deep stack?.
Sold 98% of them at huge profits. Back in the day, they were cheaper than eagles. Thats when I bought 100's of ounces. But I monetized them already and have nothing much to show. Actually, forgot to mention them. I did pick up a couple tubes of the 2023 1 oz bu silver a while ago. So I guess I'm still somewhat hooked!
I like your koala collection. Semi numismatics may not be hot today, but I haven’t gave up on them.
Selling the poured silver is not much different than selling vintage. I’m strong on the poured stuff, but it will need more time. It’s very young still. God willing I have another 20+ years of stacking so I feel it will pay off one day. I don’t need a simplified stack yet.
Thanks for the video bud. Stop buying Royal mint stuff lol it’s gonna spot.
Liked seeing those proof Milk Maids there, Louie. The Royal Mint really screwed over a lot of people by selling their lines of defective milky silver products.
I thought a deep stack was the bulk weight of a stacker's silver that is not easily accessed nor that particularly interesting. Your deep stack looks more like an eclectic collection of silver related products and eBay offerings.
Some might define it that way, but deep seems to imply "hold on" for future appreciation. In other words, not to be sold easily for some reason. I guess if you never plan on selling, everything is deep stack...
I have some poured silver I got early on that may be hard to sell, but I love it. Also some Scottsdale and a little Geiger. Do you think "premium" generics are bad choices for deep stacks?
Well if they are, I'm guilty too. I think it's worth the extra couple of bucks in case premiums on the good stuff rise.
Excellent advice. Wanna buy some of my Simpsons coins? lol
Simpsons do hold a warm place in my heart. I bought dozens of the donut proof, and made so much off those it was silly. But that is an exception to the story!
It's all deep stack over here, but im no "stacker" 😂 i guess maybe your poured pick "rock the stack" maybe makes the deep stack. I got #16 😊 other than that are a box of various ms 69 slabs, most of the kookaburra dates, & all those different privy maples. Yeah I'll never recoup all the premium, but spot was low back then. I could buy eagles for $18, but im convinced in the principle of what im doing, so there's no regrets on any of it ❤
Rock on! And you're right about spot being low back then. That does fix some mistakes over time. Take care, L
I’ve never bought into proof bullion or rarity by design through “limited editions,” and could care less if my bullion isn’t perfect under 5x magnification, so I’ve been spared a lot of disappointment. I consider my 1 oz. silver bar collection deep stack. 15 of my 10 oz. bars are deep stack. Sets of 3 (3 RCM, 3 First Majestic, 3 Samurai, etc.) I hope my 3 children will be happy to divide between themselves. I have a collection of silver Buffalo rounds, different designs, different mints. My set of Australian Shipwrecks. A 2024 Extraordinarily High Relief Royal Canadian Mint Year of the Dragon. Some Capped Bust half dollars and Seated Liberty dollars graded AU or better. And a few other odds and ends like key date Trade Dollars, pre-1900 Japanese silver 1 Yen coins, and I’m slowly working on a collection of high grade coins minted 100 years before I was born, which unfortunately is a key or semi key date.
Thanks for the run down of your deep stack. We are all quite differenct, aren't we.
I have no collectibles, no numismatics, no graded coins. I have metal (bullion/ contemporary coins/constitutional). I price shop and buy dips. So I guess I have a very shallow stack.
😹