Silver stacking is the practice of accumulating physical silver bullion, such as coins, bars, and rounds.
Silver stackers typically buy silver as a long-term investment, believing that the price of silver will rise. They also see silver as a hedge against inflation and economic uncertainty.
Why Stack Silver?
There are many reasons why people choose to stack silver. Some people are attracted to the beauty and craftsmanship of silver coins, rounds and bars. Others see silver as a way to diversify their investment portfolio treating silver as a long term store of wealth.
Here are some of the reasons why people stack silver:
- As a hedge against inflation. Silver is often seen as a hedge against inflation, as its price tends to rise when the value of fiat currency declines.
- As a store of value. Silver has been used as a store of value for centuries, and its value has held up well over time.
- As an investment. Some people believe that the price of silver will continue to rise in the future, making it a good investment.
- As a hobby. Some people enjoy collecting silver coins and bars, and stacking silver can be a fun and rewarding hobby.
Silver As A Long Term Investment
Whether or not silver stacking is a good investment is a matter of opinion. However, there are a few factors that suggest that silver could be a good investment for the long term.
First, silver is a relatively scarce metal. The United States Geological Survey estimates there is a total of 530,000 metric tonnes of silver below ground ready to be mined.
Second, silver is a versatile metal with many industrial applications. This demand for silver should help to support the price of silver in the long term.
Considering Stacking Silver?
If you are considering stacking silver, there are a few things you should keep in mind. First, you should do your research and find a reputable dealer. Second, you should store your silver in a safe place. Third, you should be patient. Silver prices can be volatile, so you may not see a significant return on your investment right away.
If you are considering stacking silver, there are a few things you should keep in mind:
- Do your research. Before you start stacking silver, it is important to do your research and learn as much as you can about the market. This will help you make informed decisions about what to buy and when to buy it.
- Start small. You don’t have to invest a lot of money to get started with silver stacking. You can start with a small amount and gradually add to your stack over time.
- Store your silver safely. Once you have purchased some silver, it is important to store it safely. This means keeping it in a secure location where it is not likely to be stolen or damaged.
Silver Stacking – Our Top Tips
- Buy from a reliable established bullion dealer
- Start with 1oz coins to ease yourself in
- Consider UK Legal Tender coins like the Britannia which are exempt from Capital Gains Tax.
- Purchase regularly to avoid being caught out by fluctuations in the market
- Stack whatever is cheap
- Diversify your stack with silver bars in different sizes – 100g, 250g etc.
- Where possible bulk buy and save money (two of the same coin purchased together will often be cheaper than two different coins)
- Collect national mint coins – they are harder to counterfeit and easier to sell
- Avoid high premiums on overpriced coins
- Look out for deals and special offers
- Look out for Margin Scheme products as there will be less VAT charged
- Consider Storage in a customs warehouse. VAT is not applicable unless you take physical possession of the metal. We will organise the storage for you
- Store your collection carefully and use gloves to handle your silver
- Know the silver content of the coins, catalogue your stack so you can keep track of how much you paid and when you bought it.
Silver Stacking – Don’t Do These
- Think you’re going to make mountains of quick money. With the dealer margins and VAT investing in silver is a long game
- Purchase from TV ads – you risk being ripped off
- Have too much of a product bias if you can’t afford to
- Tell others that you keep gold and silver in your home, keep your stack safe and hidden
Here To Help
If you’d like to speak to a member of our award-winning customer service team for some precious metal investment guidance, we’d be delighted to hear from you. Call us on 01769 618 618, or you can email us at sales@bleyer.co.uk, and we’ll get back to you asap.
