What silver to NOT BUY, learn from my mistakes
Рет қаралды 4,245
28 күн бұрынSilver is all about stacking what you love and find interesting BUT there is kinds of silver out there you should avoid due to its high premium or difficult reselling.
Disclaimer- I am not a financial advisor, I’m just a guy passionate about gold, silver and numismatics, please do not make any purchases or sales based on my videos. What I say in this video is just my opinion.
#silver #coins #silvercoin #junksilver #silverstacking #silvercoins #preciousmetals #gold
@dougthompson7610 26 күн бұрын
Thanks for touching on subjects the “big guys “ don’t think we “simple stackers” need to know! Really appreciate the down to earth approach. 👍
@StatesideStash 26 күн бұрын
Thank you!
@SilverDadKnows 26 күн бұрын
SilverDadKnows here. Great vid like always
@StatesideStash 26 күн бұрын
Thanks brother!
@Twelvestonestacking 26 күн бұрын
For me and mine... Libertads and constitutional silver!!!! Woop Woop 🎉
@StatesideStash 26 күн бұрын
That you would buy it not buy?
@Twelvestonestacking 26 күн бұрын
@@StatesideStash buy buy buy
@StatesideStash 26 күн бұрын
@@Twelvestonestacking AGREED!!!
@MichiStacker 26 күн бұрын
I’m filling one tube with War Nickels simply for historical reasons. I don’t go looking for the 40% Kennedy Halves, but I also don’t toss em aside when I find em. If I get any 1/10 rounds, they’re going in penny presses. I have some Geiger Fractional Bars and a Scottsdale Fractional Bar just to say I have some. I do stack the 1/2oz Canada $2 First Special Service Force Coin. Mainly just because I like the design. But, I agree that Constitutional is the best Fractional.
@StatesideStash 26 күн бұрын
See to have a tube or some stuff for collection sake but people trying to fill monster boxes are wasting their money in my opinion
@MichiStacker 26 күн бұрын
@@StatesideStash Exactly.
@bhoward9378 26 күн бұрын
"Exit plan." Holy shit! I'd never thought of that before, at least not consciously. Maybe that's why I'm heavy on gold and silver Eagles. But now I'm thinking about that consciously. Thanks!
@StatesideStash 26 күн бұрын
It’ll be one of the next videos I do!
@TrevForPresident 26 күн бұрын
The kilo Libertad is such a flex
@StatesideStash 26 күн бұрын
I have a weakness for them 😬
@cherokeecowboy7558 26 күн бұрын
As a 50 year collector, I love that War Nickel! Beautiful coin.
@StatesideStash 26 күн бұрын
I love that it’s blast white
@Defyant204 26 күн бұрын
Thanks for another great vid man, most underrated silver guy on youtube lool. So nice to have something else thats not all fear mongering 😅.
@StatesideStash 26 күн бұрын
Always appreciate the kind words brother! Thank you for continuing to watch and comment!
@jamesitsines6890 26 күн бұрын
I like my junk in merc dimes, walker/Franklin halves. No dates to check, don’t look like pocket change!
@StatesideStash 26 күн бұрын
Well said, you can spot the difference right away and know it’s silver
@TarHeelStacking 26 күн бұрын
Great breakdown, I agree 100%
@StatesideStash 26 күн бұрын
Thank you sir! Keep up the videos
@arthuryusim663 26 күн бұрын
Great info there my friend. I usually avoid high premium silver like proof coins etc, and all the pretty stuff 😅. Although I broke my own rule two weeks ago and bought the 2.5oz St Michael’s Sword from Komsco. This thing is beautiful.
@StatesideStash 26 күн бұрын
Sometimes you gotta buy high premium stuff to keep things interesting!
@arthuryusim663 26 күн бұрын
Absolutely. It’s dollar cost averaging for me. I’ll just have to look out for good deals 😊
@erwinwheeler124 26 күн бұрын
I sure do enjoy your videos keep up the good work and I'm a subscriber to your Channel😊
@StatesideStash 26 күн бұрын
Erwin thank you so much!
@christophermccormick8670 26 күн бұрын
Cheers 🥃
@StatesideStash 26 күн бұрын
I appreciate this more than you know. Thank you for continuing to watch and comment! Hope you had a great weekend
@bmiller22765 26 күн бұрын
I will collect it all. It just depends on the price.
@Jmoney1981 25 күн бұрын
Thanks for the heads up! Not a big war nickel guy myself. Want some constitutional quarters next.
@StatesideStash 25 күн бұрын
@@Jmoney1981 quarters are great!
@chutethemall8099 26 күн бұрын
No silverware, no silverplate, no jewelry.
@StatesideStash 26 күн бұрын
Silver plated is just a scam
@Stensland55 26 күн бұрын
Great video and even better approach to keeping it simple. Thank you sir. I’ve subscribed!!!
@StatesideStash 26 күн бұрын
Thank you so much! Hope to hear more from you in the future videos!
@nathanhill6042 22 күн бұрын
I can’t hunt quarter rolls cause I end up keeping anything pre 75😂
@ecftoggs 26 күн бұрын
Great video, lots of good info, thanks 😊
@StatesideStash 26 күн бұрын
Thanks brother!
@bowtiejoe2413 20 күн бұрын
Great video! The only time i get fractional silver is to raise an order to a point where i get free shipping or to give as gifts. Also any type that seems "Collectable."
@StatesideStash 20 күн бұрын
That’s a great idea!
@michaelporter5679 19 күн бұрын
I wish that I had stayed away from the high premium silver when I first started stacking back in 2018 from online bullion dealers. And I also regret buying some of those mystery coin packs off of eBay, talk about a waste of money. And like you said, you should always have an exit strategy on every piece of silver that you buy. That was the last thing on my mind when I first started stacking/collecting.
@StatesideStash 18 күн бұрын
Brother I’ve made my fair share of mistakes when I first started stacking as well. Nothing you can do about it now but learn from it
@richardkut3976 20 күн бұрын
Thanks again,
@StatesideStash 20 күн бұрын
@@richardkut3976 anytime!
@Mad-Dutchman 25 күн бұрын
I like to avoid off brand, non reputable silver pours. As cool as some stuff can look, it seems like a hard resale and tough to tell if it’s real. That being said, all of your points were very good, and I avoid all of those as well.
@StatesideStash 25 күн бұрын
@@Mad-Dutchman well said! Independent silver poured bars are extremely difficult to offload and if you do you can expect under spot
@fin59shaw 26 күн бұрын
The title wasn't misleading, but it got me interested. I tried to predict what you would say to avoid. You are right, but I never would have thought peope would "stack" war nickels. I thought you would avoid crazy overpriced "rare" "limited" special collector pieces that are all hype. Also, I would avoid anything that is advertised in magazines, catalogs, TV ads, Infomercials, and flaky Gold IRA companies.
@StatesideStash 26 күн бұрын
I hope it wasn’t misleading, I’m pretty straight forward with my headlines. People do stack these, I’ve met several. Buying a tube is fine but a monster box is a waste in my opinion
@fin59shaw 26 күн бұрын
@@StatesideStash The title wasn't misleading at all. I just like to guess before I hear another opinion, it makes you think.
@StatesideStash 26 күн бұрын
@@fin59shaw ohhh ok I see what you’re saying. And yes high premium stuff is another one but I can’t talk cause of the libertads I own 🤣
@fin59shaw 26 күн бұрын
@@StatesideStash I don't have any Libertads, and I'm sure not against them. A higher premium isn't necessarily bad, as long as it's recognized for what it is. I collect the Royal Tudor Beasts, which is a little higher premium, but not much. It makes things fun I also buy the Tudor Beast Silver Proof/Reverse Proof sets, which are expensive, but very limited. Really for collecting, definitely not stacking. Got to stack, but collecting what you like makes it more interesting!
@StatesideStash 26 күн бұрын
@@fin59shaw well said!
@SgtMurtaugh87 26 күн бұрын
Awesome video! Brother! 🤜🤛
@StatesideStash 26 күн бұрын
Thanks brotha!
@Userhfdryjjgddf 26 күн бұрын
Im all about junk silver. But mostly rosie dimes. Best weight buy for you dollar in the junk realm. Junk silver will be the first that is gone or well extremely expensive to find. I do have some of all forms of junk but those dimes are the best for least wear. Plus i love free silver. Been coin roll hunting for years. Sold all my 40% kennedys ive found this year. Got close to $200 and set that aside in my silver cash pile and will see if prices drop some in next couple months. Last year i waited all year to buy any silver until early oct and was getting junk for $16 fv. Year before was pretty much same. So far this year havent bought since prices rose and will stack cash and see if prices drop by end of summer again.
@StatesideStash 26 күн бұрын
Nothing wrong with stacking cash!
@SilentSilver24 25 күн бұрын
Cool video
@StatesideStash 25 күн бұрын
@@SilentSilver24 thanks for watching brotha
@silversleuth007 24 күн бұрын
Great video. The exit plan subject really struck home with me after recently having a heart attack. I have not made an exit plan for my new location. I haven't prepared my wife to deal with my stacks after I die. Needing to investigate any local brick and mortar coin shops that I can find. Thanks for lighting a fire under me to do the due diligence. I admit that I have some silver, that if I am not in love with.
@StatesideStash 24 күн бұрын
Dude! I hope you’re ok, you recovering well?
@silversleuth007 24 күн бұрын
@@StatesideStash ... I'm home and on meds for life. It's been five days since my last cigarette. Lol. But I got a patch to take the edge off. I'm worn out, but hope to post some videos soon. I found some more stuffs, too. Thank you for reaching out with your support. It's really comforting.
@StatesideStash 24 күн бұрын
@@silversleuth007 take it easy brother. Proud of you for quitting this cigarettes
@silversleuth007 23 күн бұрын
@@StatesideStash ... I'm more motivated now than I was five days ago. Lol. It seems easier than I anticipated after 50 years of smoking. I've deployed the 14mg nicotine patch that the hospital hooked me up with. Once the bills come in and dust settles I will see where I stand with disposable cash flow. Five prescriptions for life, but no charge at pharmacy with my insurance card. Time will tell. Thank you for the encouragement!
@rm1042 26 күн бұрын
Personally I avoid any bullion with more than a $5.00 premium on it which is way too high to begin with. War Nickels, if you roll hunt you can still get it for free if you put the effort into it. I personally avoid Washington Quarters because there's not much going for them other than specific dates and mint marks. If you wanna stack fractional silver, dimes are the way to go, especially if you're on a budget being that they're not far off from spot. I have a soft spot for halves Liberty and Morgans dollars That's my go to after dimes if the price is right.
@StatesideStash 26 күн бұрын
High premium silver is a difficult thing to purchase but it’s some of my favorite silver. Morgan’s are BEAUTIFUL
@rm1042 26 күн бұрын
@StatesideStash Would you rather have a 1 troy oz round .999 or a Morgan dollar in, let's say, (G) condition?
@StatesideStash 26 күн бұрын
@@rm1042 Morgan all day every day
@davidmleblanc39 26 күн бұрын
I never buy fractional silver due to the massive premiums, and I'm not a fan of numismatics as I prefer to "stack" silver for less - just my preference.
@StatesideStash 26 күн бұрын
That’s totally fine! To each their own!
@milessakauye8819 26 күн бұрын
Hey Stateside, thanks for the vlog! This may be just my situation, but i don't really have a LCSs that would buy kilo and above so I don't buy those. Also, silver shot I think is only fine if your plan to do your own pouring, not for stacking.
@StatesideStash 26 күн бұрын
Very true about the shot! I own some and plan on pouring my own silver here soon for the channel!
@milessakauye8819 26 күн бұрын
@@StatesideStash I'd like to see what you are pouring! I was thinking about starting that too. Maybe you can start with your setup and why you chose those items.
@StatesideStash 26 күн бұрын
@@milessakauye8819 I’ll keep you updated. It’ll be 1oz and 10oz bars with my logo
@GumboGalahad 25 күн бұрын
I avoid the same things for the same reasons.
@StatesideStash 25 күн бұрын
Well done!
@TwitchRadio 26 күн бұрын
For the youtube algorithm 😎✌️ #DCAandCHILL
@StatesideStash 26 күн бұрын
LETS GOOOOOO!!!!!
@TwitchRadio 26 күн бұрын
@@StatesideStash I see you have some leftover energy from 4th of July😂✌️ let's goooo😎👍
@StatesideStash 26 күн бұрын
@@TwitchRadio finally got my hearing back 🤣
@ownsilver 26 күн бұрын
You may want to let your subscribers know to check the bell for all notifications, the the precious metals sites I go to have been downgraded to personalized notifications I just caught this this morning
@StatesideStash 26 күн бұрын
Interesting
@chevynation2494 26 күн бұрын
Spot on what I avoid now
@StatesideStash 26 күн бұрын
Awesome!
@Mike.L. 26 күн бұрын
I disagree wholeheartedly on the war nickels. I have almost a couple thousand of them. If things ever get so bad that barter is the norm, they will come in extremely handy. A 90% dime has 1/14 oz. of silver, but a war nickel has 1/18 oz. So, a smaller piece of silver than even a dime. There's nothing difficult about explaining war nickels. Either it has a big mintmark above the Monticello building or it doesn't. End of explanation. As far as 40% halves go, I have a few tubes of them but I won't waste much time or space on them. All this said, I have vastly more 90% than either of those. I have run across a scenario where I got a bunch of one gram silver pieces basically at melt, so I couldn't pass up that deal. To each his own, I say. Collect what you like and seize opportunities when they arise.
@StatesideStash 26 күн бұрын
@@Mike.L. I always tell people the beautiful thing about silver stacking is there’s so many different ways to go about it. If you love war nickles then more power to you and I’m happy for you. Keep stacking brother!
@Bootsie353 26 күн бұрын
I like variety so if I can get a good deal on fractional I'll buy it. I mostly avoid high premium stuff...
@StatesideStash 26 күн бұрын
Fractional as in constitutional silver?
@Bootsie353 26 күн бұрын
@@StatesideStash like if I can get two half oz rounds for the same price as 1oz...
@jsivco3sivco785 26 күн бұрын
Beware of Canadian dimes and quarters that might get mixed in with American coins. Canadian non-silver coins don't have the copper edges like clad American coins, as Canadian coins have a steel core, thereby being magnetic. So, what might appear to be a silver dime in a roll might be a recent Canadian dime.
@StatesideStash 26 күн бұрын
Interesting! Thank you for sharing this!
@jthrash9081 26 күн бұрын
I'm low key sad that the 100 oz RCM bar got demoted from your display. Lol jk I know its good to mix it up.
@StatesideStash 26 күн бұрын
Haha it’s still there! It’s literally just to the left. I’ll have it in the next one 😉
@VegasStacker702 26 күн бұрын
Great content as always. I can't lie I avoid junk silver. I was going to do a video about why I don't like junk silver but didn't want all the thumbs down lol
@StatesideStash 26 күн бұрын
You’ll never be able to please 100% of your audience
@jayleenrock1 26 күн бұрын
Great video how do you feel about 100 grams of silver
@StatesideStash 26 күн бұрын
Talking about those sheets or the 100 gram bar,
@TobaccoRowe1960 26 күн бұрын
I avoid just about everything but I got a little bit of everything. I even got at least two 40% JFKs and a full set of War Nickels. I also avoid Graded Silver Coins because the cost is very high and the silver content is very low.
@StatesideStash 26 күн бұрын
A roll of Kennedys or war nickles aren’t bad. Stacking a monster box is over the top though
@TobaccoRowe1960 26 күн бұрын
@@StatesideStash That was on Saturday Night Live to, right LOL
@skyhighstax 26 күн бұрын
👋🏼
@StatesideStash 26 күн бұрын
What up!
@theHDP 26 күн бұрын
I stay away from fractional generic gold and silver. I'm good with coins but 1 gram bars no thanks fam.
@StatesideStash 26 күн бұрын
Right there with you!
@actualsurfer 26 күн бұрын
Seriously though, Another category is "foreign silver" or "foreign junk" Some of it is 40%, some 83%, some is 90% but it is time consuming to figure out which is which and that will hurt your sale.
@StatesideStash 26 күн бұрын
Agreed. It’s just not ideal here in the US
@Sarinfn 26 күн бұрын
foreign silver is the best i pick up all the 90% and .925 sterling from my dealer before he sends them off to the refineries, i buy them at 60% of spot so it’s an amazing deal!
@WTXMD-jq1qs 26 күн бұрын
And last ? Is anyone finding 90% silver in rolls or where other than buying them?
@StatesideStash 26 күн бұрын
You can go to your bank and buy rolls and hunt through them. There’s not a lot out there left but people continue to find them
@pewpewTN 26 күн бұрын
I seen a Gold Kangaroo in 1/2 gram on Apmex. They want like $80 each for them. Talk about a premium. I like Kangaroos & I would buy some of those to go with my Silver Kangaroos, but not paying an almost 100% premium.
@StatesideStash 26 күн бұрын
A half gram gold coin 🤣 what?!?!
@pewpewTN 26 күн бұрын
@StatesideStash I know, I couldn't believe it. I was just checking out the prices on Gold Kangaroos & seen a 1/2 gram. It's still .9999 fine Gold, so coin is going to be like a quarter the size of a dime lol
@SilverSteeler72 26 күн бұрын
Yeah those mini Roos have a thigh premium no matter the dealer. I think the cheapest I’ve seen them was 70$.
@WTXMD-jq1qs 26 күн бұрын
Good content Brother! I’m always on the lookout for all US Silver, retail outlets, banks heck I found a Silver Merc on the ground at a Walmart one time! But the main focus are the Mexican Libertads which is all over the years right now! Anyway I’m rambling now! Be Blessed everyone
@StatesideStash 26 күн бұрын
Oh you know I’m right there with you on those libertads!
@johntate5284 26 күн бұрын
I don't own any fractional silver. I even now avoid 1 ounce bars and rounds. I have some fractional gold Valcambi bars but now avoiding those as well. To many chances of encountering tungsten with gold plating (same density, volume, and weight as gold). I will keep those bars and rounds, but they will be the first to go and i will only sell them back to about the only online broker that i trust. My focus now is on junk 90% silver (US only) and pre 1933 gold (US only). It kind of all boils down to this. Most people (not collectors or stackers) just don't recognize silver rounds and bars. They probably wouldn't even recognize a modern silver eagle. You would be too young to remember this but during the gas wars in the late 70's, a lot of gas stations made people wait hours to get gas with a credit card or paper dollars (long lines a mile or more long), but the ones that got express gas were the ones ones that brought pre 65 quarters! If you find a good local coin shop, you are fortunate. There is a great one fairly near me (about 60 miles each way) that is very fair and has been in business for over 40 years. Sorry for the long response :( Good hunting!
@SilverLightning888 26 күн бұрын
Was that nickel cleaned?
@SilverLightning888 26 күн бұрын
Nope see it
@StatesideStash 26 күн бұрын
No just a white luster nickel!
@ericg1149 26 күн бұрын
Found a 1942 P nuckel in a jar of change my mother in law gave me, but not as pretty as yours, lol
@StatesideStash 26 күн бұрын
Still a great find! I bought mine so it’s not like I found it 🤣
@richpederson6691 26 күн бұрын
I haven't bought the fractional silver, but won some. I not too proud to keep it with my other stuff.
@StatesideStash 26 күн бұрын
Winning free silver is the best silver no matter what it is!
@pegboyd4312 25 күн бұрын
40% is your fractional silver for bartering.
@StatesideStash 25 күн бұрын
@@pegboyd4312 thanks for watching!
@StatesideStash 25 күн бұрын
@@pegboyd4312 so are dimes, quarters, half dollars
@TobaccoRowe1960 26 күн бұрын
I think you need to stack a few Silver Bullets, Vampire protection, you know.
@StatesideStash 26 күн бұрын
Where ya been Rowe?!
@TobaccoRowe1960 26 күн бұрын
@@StatesideStash First I ran out my 50 gigs of high speed. Next I got a long case of Covid, still not totally over it. Covid at 64 is exhausting and depressing. But I have coins being graded at PCGS so even If I'm gone for a spell you know I'll be back. Show-Offs always come back Stashman And also I've spent most of my time watching Trump and Young Thug trials. You know I get no income out of youtube, for me it is an expense, so I might come and go as I please. Not to mention I'll be just as sloppy as I please to be. Hope you are doing well!!! Ope got to go watch TheBigGeorge "YES!! Joe Biden Actually Just Did That At A Black Church" man this is like watching SNL.
@StatesideStash 26 күн бұрын
@@TobaccoRowe1960 glad you’re doing better!
@TobaccoRowe1960 26 күн бұрын
@@StatesideStash Thanks Stash!
@kamoroso94 26 күн бұрын
Any junk silver you can get at face value is great! But war nickels, even a little below spot, is a no-go. Probably same for the 40%ers.
@StatesideStash 26 күн бұрын
Agreed!
@actualsurfer 26 күн бұрын
You forgot to mention Libertads My advice for anyone who owns one is to sell it to me, cheap. Ill dispose of them.
@StatesideStash 26 күн бұрын
I was about to block you till i realized you were joking 🤣
@actualsurfer 26 күн бұрын
@@StatesideStash Who is joking? Ill dispose of all of your Libertads when I go out on the lake.
@Z-J- 26 күн бұрын
I’m a simple man: Stateside posts & I click 🥸🤝🏼
@StatesideStash 26 күн бұрын
This channel is nothing without subscribers like you
@TarHeelStacking 26 күн бұрын
Every single time! Lol
@user-kv7gt4rc8m 26 күн бұрын
your problem (no offence) is you only buy from online bullion dealers or your lcs. I buy from auctions like hi bid. in the last few months I have won war nickels for 35 cents each, 1 gram silver bars for 55 cents each and last night I won a pcgs pr69 dcam 2020 end of ww2 $25 gold 1/2 ounce gold coin for $1181.50 all the prices I just gave you included the shipping and buyers fee's. I know some will say I do not know what I am talking about or I am full of it. The only reason I tell others what and how I buy on auctions is I am getting old and I like to help younger stackers. I have stacked and coin collected since 1967. I switch to more auctions in the 1990's when teletrade started. Today there are so many online auctions, I limit myself to 2 dozen a month. And as far as selling you can sell on Ebay where you can set your starting price. I do sell on Ebay, and I still buy on online auctions but for me stacking is now just a game to keep me sharp (my mind) and is no longer about store of wealth, or for the future as I am old and have plenty. Jim
@StatesideStash 26 күн бұрын
I think you and I have talked about auctions before and you can definitely get some great deals!
@akadata47 23 күн бұрын
Probably the most expensive silver I stack are tubes of bu benjis which have a 2.50 premium on them right now at my lcs which is around wholesale. I try and pick up at least a tube once out of my two monthly purchases. Sad thing is two ten oz scottsdale bars with only .50 premium is running a little less than what I was paying for a kilo not that long ago. Dollar is buying less and less 23 oz of silver and 7.25 oz of premium 90 cost roughly 1k now. Id rather pay the premium now on bu examples while there still available as time goes on theyll only go up. As long as the majority of your stack is made up of low premium you will bring your dca for the premium stuff down. I am lucky to have a great lcs where I can find premium silver like englehard jm for generic prices bullion is bullion but theres one exception and thats eagles they are 3.50 over. I personally change my stratedgy with spot price and premiums earlier this year I could get 24 eagles for around 26 I bought them instead of bars. When spot is up and the premium goes flat I buy bars and vintage rounds as close to spot as possible. I also suggest finding out if your lcs makes there money on the buy or sell as mine makes on the buy so I only buy from him b/c his premium is low. If I sell I shop around some places buy up to a dollar over instead of .75 back of spot. That can add up big especially on larger bars
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