Ok... being a little bored in a meeting (yawn)... I typed in "how much is a serious stack" The answer from one random is: Andretti - 29th July 2011, 13:11 In my opinion if you don't have at least 3000 oz of silver you have not even begun to stack. I would say serious stacking "begins" at 10,000 oz. - - - - - - Seriously? If I had 10,000oz of silver in the house I'm not entirely sure i'd ever leave! A safety deposit box for this would cost a fortune! What's others view on a "decent, sustainable" stack?
aye, should be measured in % of your wealth, not ounces. If you're stacking 10,000 of silver then i'd seriously question how you became that wealthy in the first place. That kind of money belongs in gold if anything.
wrcmad got it right---Your own body weight is the measure of a respectable stack. If you're married, the total body weight of you and your spouse is the measure, but kids and pets don't count. Proof coins count for 1.5x their actual weight, but the weight of individual coin packaging doesn't count. With coins that have paint jobs &/or glass chips, you have to subtract out for the estimated weight of the paint and glass chips.
my stack is like my shed, it can never be big enough and like shed sizes, stack sizes vary greatly. Who knows what the average is, its not like we disclose that information to anyone
My stacks only a few coins in size so far so no point tracking me down unfortunately. Over the next 5 to 10 years hopefully i'll get a pretty decent collection of bullion and proofs. Time will tell. It's an expensive hobby. That's all I can say really!
On another forum I frequent there was a poll asking how many ounces people owned with 133 votes. Out of that small selection the highest percentage had between 100-249 ounces. Some less and some more. I think that a serious stack is what you think it is. Id bet those people consider their stacks are pretty serious. In my opinion any stack atall is a serious stack because you have more silver than 90% percent of people if you own 5 oz
I like the idea of body weight. Once you have reached that benchmark, every additional ounce means you can start pigging out to your hearts content. At my age, food is my only vice. Also the argument that at 10,000 ounces of silver is too much not to have in gold is a nonsense, the fundamentals for silver stacking hold true irrespective of the size of the stack. Besides, who's going to argue with a 311kg stacker?
Interesting statistic, but I think before my days of stacking, my wife owned a bit of jewellery. We bought it together over many years and I reckon she maybe has about 4 or 5 ounces of fine gold. I remember having a gold sovereign ring from Cyprus back in the 70's. So I wonder if 5oz of silver is a furphy. What we read about Indian culture puts a lie to that.
I like the fact that silvers value is held on a minute by minute spot price... makes it far more interesting than an Xbox. I also like the coins, they are pretty and nice to hold. I think that's what's grabbed me. The weight/stack side of things will simply come with time. Unsure at what point will be "too much"... but maybe just switch some to gold in that scenario? I'm sure others have done this already.
IMNHO, for a family man 3000oz of silver is about right. Add to that about 50 oz of gold in assorted denominations, and it is all about covered. But first, a years supply of food for the family, and enough money to live on and pay the bills for about 3 months. JMO OC
That kind of metal storage on insurance costs would be HUGE! lets work that out... (spot price) 50 * 800 = 40,000 3000 * 12.5 = 37,500 = 77,500. + 3 months of living costs... lets say 2,000 per month to cover things = 83,500 That would be some serious pile... wouldn't it be better invested into a property to rent out at 500-550 per month? With that in mind... unless your a multi, multi millionaire (not the average "family man") then what you're just added may be simply unobtainable, impractical and simply ridiculous. (Just my view)
That is a good point, I know my family though besides the typical wedding ring and necklace had no gold and small amounts of silver. That last statistic has zero sourcing behind it and was simply from my head I'm sure if you factor in jewelry, forks and platters, coin collections and things like that people may have more, I was thinking it terms of easly tradeable bullion!
