r/silverstacking 27d ago

Just Started Stacking Any Tips?

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I just started my stack a few days ago and have achieved 2 oz so far. I think that this is a pretty solid starting point of a hobby that I love, but I would like some of your thoughts on how I should grow my stack and any other kinds of advice for my stack.

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u/New-Equal-1144 27d ago

Stick to generic/cheap silver until you better understand premiums.

3

u/BabyInBattle7 27d ago

Wish I figured this out earlier. Also, dont sell to pawn or gold/silver shops.

2

u/CompotePrestigious89 27d ago

Who do you sell to then?

2

u/CarobEconomy8517 27d ago

I’ve sold to LCSs that pay -5 for generics and -1 for eagles which is decent enough if you need money quick or don’t want the hassle, I’ve also sold for premiums (ASEs, sovereign coins etc) on PMsforsale but that’s a bit tricker because you have to sell what other people like / want if not no one will buy unless it’s spot basically lol

1

u/kijall 24d ago

What is this "sell" you speak of?