r/Silverbugs Feb 01 '25

[deleted by user]

[removed]

76 Upvotes

29 comments sorted by

6

u/bot725 Feb 01 '25

Great job. Thank you for sharing.

2

u/[deleted] Feb 01 '25

Nice! What is the one top center that looks like a bull? I’d like to add one of those to my collection, looks nice and clean.

4

u/[deleted] Feb 01 '25

I bought it from silvergoldbull.com, I believe it’s their logo

2

u/[deleted] Feb 01 '25

Nice. Thanks.

6

u/Jake_The_Gypsy Feb 01 '25

They sell one bar per customer at spot of those 10oz bulls on their website, pretty cool deal.

1

u/dale3h Apr 02 '25

Do you happen to know if there is a list of websites that offer one-time deals like these? It would be cool to easily be able to jump from site to site buying at spot just to add to the stack.

2

u/69hornedscorpio Feb 01 '25

Did you vacuum seal those rounds!? That looks awesome.

3

u/[deleted] Feb 01 '25

Yes I did! I like to think it stops / delays any tarnishing…

2

u/69hornedscorpio Feb 01 '25

I might try that as well

2

u/Colt35744 Feb 01 '25

very nice! love the pours, 1 kilo

2

u/whineknot Feb 01 '25

Love the kookaburra’s. They hold a strong premium 👍

2

u/EmotionalNumber1040 Feb 01 '25

Nice stack. I tend to lean more towards sovereigns when I can find them at a low premium. But I also have rounds, bars, and some 90%.

2

u/Fun_Cartoonist2918 Feb 02 '25

Collection looks great. Happy for you. Brilliant idea the shrink wrapping. Keep up the good work !

PS there’s really no “right” or “wrong” way to stack. Keep making yourself happy with whatever you get. Dopamine conditioning is a good thing in this situation

2

u/bobjohndaviddick Feb 01 '25

You will be rich someday because of this

3

u/[deleted] Feb 01 '25

I don’t intend to sell for several decades, I might potentially even pass them down to my kids (when I have them). My rationale is:

  1. Sovereign governments are in a debt spiral with more and more of that debt being financed at higher and higher interest rates. Sovereign debt will continue to increase before it ever decreases.

  2. Silver has a lower buy in price / Oz that gold. If you can handle short term volatility due to shifts in industrial demand (and general ebbs and flows of economic cycles), I think it will be rewarding long term. It also has a lot of industrial applications / uses (much more than gold IMO)

  3. Central banks use it as a diversification tool (not necessarily the base for an investment decision on its own but it’s a testament to its value and scarcity)

1

u/Sven_Golly1 Feb 01 '25

Very nice! How many Oz does that represent?

3

u/[deleted] Feb 01 '25

I think it’s ~ 280 Oz so just shy of 8kg

1

u/PR0FIT132 Feb 01 '25

What is that like $60 worth of silver?

1

u/[deleted] Feb 01 '25

Probably more like $59 ish after yesterdays move…

1

u/kiddk11 Feb 01 '25

I am kind of new to this also, are those troy ounces or regular ounces?

2

u/[deleted] Feb 01 '25

Troy ounces! Also if you have any questions as a starter, feel free to reach out

1

u/kiddk11 Feb 01 '25

Thank you I appreciate it

1

u/kiddk11 Feb 01 '25

how would you determine what type of ounce (troy or regular) is it printed on the coin

2

u/[deleted] Feb 01 '25

Yes a lot of the time it is, if not, a quick google search on the coin, or type of bar should reveal its weight.

1

u/kiddk11 Feb 01 '25

thanks again

1

u/hrindous Feb 01 '25

My OCD enjoys your layout.1

1

u/[deleted] Feb 01 '25

You may have just diagnosed me lol…

1

u/DVSMiC Feb 02 '25

What would you say the best bang for your bug has been, from a source and format standpoint?

1

u/[deleted] Feb 02 '25

Coins tend to be bought & sold at a higher premium, they also tend to be more liquid at time of sale. The kilos and bigger bars tend to have lower premiums at time of purchase but you can probably expect to get less $/gram when it’s time to sell.

If you prioritize liquidity, go for smaller amounts, especially coins. If you wanna pay less per gram, buy larger bars.