I am not a financial adviser, and this article is not meant to be financial advice.
I have published numerous articles on Hive that essentially describe how I stack and my thoughts on precious metals stacking which were written primarily for myself as a reminder to stay the course and to document my precious metals stacking journey.
In sharing my personal opinion, experience, and some general information on how to start silver stacking, it is also my hope that it will be helpful to a beginner stacker to develop his/her own stacking decisions.
Firstly, there is no such thing as one single way to stack precious metals. The rule of thumb is: buy only what you like!
Secondly, it is critical that a person's financial ability and goals should determine how one accumulates his/her stack.
If asked and from a small stacker's point of view, I would recommend TWO types of silver bullion as the core and foundation of a silver stack.
- Sovereign Minted or Government-issued Bullion Coins, which I discussed in a previous article.
- U.S. Constitutional silver or any silver coinage that has a silver content from any country of origin.
This article is on the second type of silver bullion.
WHAT IS CONSTITUTIONAL SILVER?
Constitutional Silver is simply US coins (dimes,quarters, halves, dollars) minted before 1965. Up until that point coins made for US currency followed the Constitutional mandate and were minted containing 90% silver.
U.S. Constitutional Silver: Halves
US Constitutional silver is sometimes called "junk silver".
Junk silver is an informal term used in the United States, United Kingdom, Canada and Australia for any silver coin which is in fair or cull condition and has no numismatic or collectible value above the bullion value of the silver it contains. The word "junk" refers only to the value of the coins as collectibles and not to the actual condition of the coins; junk silver is not necessarily scrap silver.
U.S. Constitutional Silver: Quarters
List of U.S. Constitutional Coins:
U.S. Constitutuional Silver: Dimes
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U.K. "Junk Silver" Coins:
Other Countries:
Swiss 1/2 Franken, 1 Franken and 2 Franken minted from 1874 to 1967 contained 83.5 percent silver. 5 Franken minted from 1922 to 1928 contained 90-percent silver and weighed 25g, and those minted between 1931-1969 contained 83.5 percent silver and weighed 15g.
Many Mexican and other Central American countries made silver coins that are considered junk silver today.
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@silversaver888
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