10 oz sized Kooks, or bars - yummyyy
Earthjade said:For the core of a stack, I think it needs to be
* bars
* at .999 purity
* in ounces
* LBMA recognised
Bars have the lowest premium, you need .999 investment grade, silver is traded in ounces so it's easier to calculate and LBMA recognised bars are easier to sell globally.
Sorry if I offend anyone here, but screw coins - I want the most silver for my depleting buck and I couldn't give a flying fruitcake how pretty it looks.
If SHTF really does occur, it's possible coins will flood the market (as people need to eat) and numismatic premiums could be wiped out.
Then all you're left with is the metal value itself.
I think numismatic premiums are a luxury that apply to an economy that is still in relatively decent shape but when things go pear shaped, it will be the metal itself in any shape that will matter.
I think Mike Maloney agrees with me, if I remember his book.
Also, it adds an element of emotion to what should remain a cold, hard business decision ("oh, they're purty!").
Silver is the "devil's metal", so I'm treating it like that. I'm looking forward to the day when I can let it all go and get something decent in the exchange (like real estate).
100% agree with you. get as much metal as your plastic rectangles can get!
But that's just me.