can you guys help a new stacker with his purchase?

Discussion in 'Silver' started by Antnest, Dec 5, 2011.

  1. Dwayne

    Dwayne New Member

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    Well done. I don't think there is any right and wrong choice, but your selection will work for a number of possible scenarios.
     
  2. silverman47

    silverman47 Active Member

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    I started out buying 1kg bars, 10 oz bars etc. and concentrated totally on silver before i realised about gold like most people i suppose.

    Found out very quickly that when the price rises you get a much better premium on 1 oz coins than you do on bars. and its been that way for some time now, i do remember getting some pretty good premiums on bars, but smaller denominations are always better if you have to offload a bit.


    even 1/2 ounce coins, but they generally carry a higher premium. I just stick to plain old 1 oz koalas etc. now.


    Although im surprised to watch how much these lunar coins are going for on ebay, so i have my eye on them now.


    i think with every silver purchase spend 20% or so on gold, even if its only 5 grams of gold, make sure your always accumulating gold as well. inflation you want silver, deflation you want gold, so you need both.
     
  3. silverman47

    silverman47 Active Member

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    also with the 1/2 ounce coins, i believe in the long run thats going to be the best thing to own, if the price was really going to go mad, you want the smallest denominations possible.
     
  4. notanother

    notanother New Member

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    Take your Ainslee price across the road and ask peter if he can better it. For a cash sale I'm sure he can. Also you wont have a record of your purchase at the ATO .
     
  5. domdolittle

    domdolittle Active Member Silver Stacker

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    Well thought, Antnest !

    10 x 10oz bars of silver
    1kg 1966 50c coins
    2 oz gold bullion
    2 x 1/2 oz gold kangaroos coins
    price at time came in at $9804

    Good balance and easily exchanged when needed.

    Now, don't forget the Safety Box (goes without saying)...

    :cool:
     

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