Unallocated Silver (goldstackers)

Discussion in 'Silver' started by Leo, Aug 31, 2013.

  1. Leo

    Leo New Member

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    Hey guys,

    Just seeing if anyone has any experience out there with using this serive that the guys at goldstackers offer, How exactley do you 'sell' back your unallocated metals, I havn't seen any options via the website, or do you basically have to contact them via email to sell unallocated metals back? Has anyone used this service to their advantage?

    Also if I've used the mini allocated option to combine shipping at a later date how does that work? How do I use my current order when and combine it with another? is there an option of the website or again do you have to contact the guys at goldstackers via email or something?


    Thanks guys :D!
     
  2. DanielM

    DanielM Active Member Silver Stacker

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    Honestly you could use the search feature, there is already a treasure trove of information on this
     
  3. House

    House Administrator Staff Member

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    Or checked the website...
     
  4. Jislizard

    Jislizard Well-Known Member Silver Stacker

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    Be nice to the nre guy :)

    I have used both services and it was as easy as picking up the phone and talking to them, sold some unallocated silver (and some in my mini allocated) directly back and then repurchased some more silver which they are still holding in my mini allocated, along with some other stuff which I bought here and there

    Real smooth transactions.
     
  5. VANGBAC

    VANGBAC Well-Known Member Silver Stacker

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    +1 same as above pick up phone ring and tell Goldstackers what you want to do. i needed a quick 250.00 sold back equivelent at spot converted rest of unallocated to gold pm bars and into allocated. Money in the bank within 24 hrs. No problem. Email would work just as well but phone would be more explicit.
     
  6. Midnight Man

    Midnight Man Member Silver Stacker

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    I've used the unallocated at GoldStackers for a while now. Phone, or simply placing an order and replying to the e-mailed invoice with a request to redeem unallocated works a treat.

    I find it an excellent way of buying silver and gold on a regular basis, without having to decide on exactly what to buy... this allows accumulation of silver ounces and gold grams toward larger items with less premium, or, potentially saving up ounces/grams toward new releases (e.g. Lunar Horse). Works especially well if you have a smaller but regular budget for PM's, and don't want to hold fiat which is tempting to spend at times, the unallocated can serve as a precious-metal backed "savings account", and it does so like a treat :)
     
  7. alexisio

    alexisio New Member Silver Stacker

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    Works well . good way for small purchases.
     
  8. plata

    plata Member Silver Stacker

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    Never regretted! ... Actually yes: I regret not to had used it since they started
     
  9. BullionJ4v

    BullionJ4v New Member

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    Placed unallocated orders through their simple online ordering systems. Emailed the owner to redeem. Have been 2 years storing my unallocated with GS, not a single problem.
     
  10. silverzman

    silverzman Active Member Silver Stacker

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    Just so understand. Say if I buy 100 oz at the unallocated price of say $30 a ounce. If I want to get some coins I trade back the unallocated at the GS sell price and use that credit towards that purchase( so full price of unallocated is preserved). If I wanted cash I sell the unallocated at spot.
     
  11. Jislizard

    Jislizard Well-Known Member Silver Stacker

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    If you want cash you sell the unallocated for spot.

    If you want coins you just tell GP what you want.

    So you don't lose the $2 per ounce per premium like you would if you sold it back for spot.
     
  12. silverzman

    silverzman Active Member Silver Stacker

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    Yep makes sense, i should buy some unallocated then :)
     

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