Basics Of Silver Stacking, What You Should Know! $$$ LocalSilverMint

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  • Опубліковано 2 жов 2024

КОМЕНТАРІ • 65

  • @barry1705
    @barry1705 3 місяці тому +4

    You can tell by his attention to the exact details. Just look at his perfectly detailed displays .And articulates every word clearly. 😅That is what makes a Green Beret soldier ,Attention too detail . Thank you for your service Dave!!! Go Army!

  • @sepruettphotography
    @sepruettphotography 3 місяці тому +6

    Great explanation!!! Even though I know what you are talking about, it reinforces my understanding. Thanks again.

  • @gailcoates3432
    @gailcoates3432 3 місяці тому +4

    I love it when a regular guy can explain the physical silver market to anyone!! Thanks!

    • @wojak86
      @wojak86 3 місяці тому

      dave is far from a "regular" guy, he's extraordinary, they just dont make them like him anymore. "crazy dave! you better behave!"...... NO 😂

    • @gailcoates3432
      @gailcoates3432 3 місяці тому

      @@wojak86 Yes! Dave is extraordinary, but looks like a regular guy! Thanks for clarifying!

  • @michaelbishop7358
    @michaelbishop7358 3 місяці тому

    Great information

  • @SirAlford
    @SirAlford 3 місяці тому +8

    90% Mercury Dimes are the BEST!

    • @frazzledhaloz3184
      @frazzledhaloz3184 3 місяці тому

      Yep, my favorite

    • @TheTigerStacker
      @TheTigerStacker 3 місяці тому

      I love constitutional, but I think diversification and options in SHTF are needed. Also, the reason I buy Goldbacks.

  • @cheaplaughkennedy2318
    @cheaplaughkennedy2318 3 місяці тому +1

    I don’t think Dave could speak if you tied his hands behind his back 😆 lol

  • @billseymourjr5472
    @billseymourjr5472 3 місяці тому +1

    You should be a financial advisor for silver every video I watch that you have made I learn something new. I've only been investigating in silver for only a short time but I'm 67 now and I will buy until I die that way my kids will have something to fight over because I buy silver with the money I don't have to pay my bills with the wife tells me I'm nuts or obsessed.

  • @christopherperkins3108
    @christopherperkins3108 3 місяці тому +1

    Pleasure to meet you today silver Dave! Next time I gotta bring more cash! 😂 what a stunning silver showroom!

    • @YankeeStacking
      @YankeeStacking 3 місяці тому +1

      The best showroom display of precious metals in New England‼️

    • @christopherperkins3108
      @christopherperkins3108 3 місяці тому +1

      @@YankeeStackingbeen meaning to get to his showroom for months! Ever since I saw the swords and hammers 😂 what a great idea! Love your channel as well and look forward to your posts also :)

  • @TheTigerStacker
    @TheTigerStacker 3 місяці тому

    I love your products. I don’t agree that constitutional is the only good way to have fractional silver. Some people who don’t understand constitutional will not want to deal in trades with it. So I think you’re 999 fine silver fractional is an awesome choice. It’s also why I choose to buy Goldbacks. But I have another question. Are you selling that safe? And if yes, how much?

  • @lindanelson8400
    @lindanelson8400 3 місяці тому +1

    Thank you, Silver Dave. Another very clear and concise explanation for everyone who stacks and / or collects and stacks. I wish there were a local shop in my area. We're a very small rural community, so for stacking purposes, I use SD Bullion.
    For my numismatic side (which is my favorite), I buy from a second-generation coin dealer in Ohio. He runs a brick and mortar business like you do. I wish you were closer, I'd enjoy seeing the store and visiting with you.

  • @SilverLightning333
    @SilverLightning333 3 місяці тому +3

    Nice recap on basics

  • @sailfly2869
    @sailfly2869 3 місяці тому

    Over time it is always going to more reasonable than current prices, when I started stacking in 2018 my average cost with premiums on ASEs was $18.00 dollars and shortly after spot dropped right below $12.00 which I should have purchased but not knowing any better I didn’t. My advice is start looking at historical line charts and watching how premiums and spot fluctuate is all the tools you need for purchasing. Whether you stack sovereign or weight it really doesn’t matter as long as you don’t go overboard that can affect your financial daily or monthly routines. Just keep in mind it isn’t what you don’t have but keeping what you do have.

  • @sailfly2869
    @sailfly2869 3 місяці тому

    Well,if you are here there must be a mutual understanding, I totally agree it’s definitely a very long term investment and its growth rate is around 2% annually. My silver stack is more so my insurance if the dollar is ever devalued and my preference is definitely raw sovereign coinage to stack as well as I’m a collector first and a stacker second. ASEs, 90%ers, Maples are in my portfolio for stacking and my silver dollar collection is always ongoing. I prefer raw sovereign silver coinage to stack and certified slab coinage to collect which began in 2012 due to China fakes being sold on eBay platform. Don’t get me wrong about ebay because 99% of my certified collection is purchased there.

  • @BillArrington-qu3nc
    @BillArrington-qu3nc 3 місяці тому

    Well I'm not a beginner and I didn't learn anything new. But, I have to say great vid for the newbies! Nice educational vid. Keep up the great work! 👍👍👍

  • @kaynef6637
    @kaynef6637 3 місяці тому +3

    Awesome here he is 😄

  • @LezamaDamian
    @LezamaDamian 3 місяці тому

    I think you should call yourself "Crazy Dave" and wear a saucepan as hat, a silver saucepan of course! (Plant vs Zombies reference). You're quite funny.

  • @johnd8538
    @johnd8538 3 місяці тому

    In your last video you mentioned how fractional silver will be best for bartering, yeah it might be but it works out a lot more expensive to buy before (and if) it ever gets to that.
    Personally I buy second hand one oz constitutional coins and anticipate if shtf happens it will go back to the old "pieces of eight" scenario like in pirate times...a one ounce coin cut into 8 like a pizza, ooh arrr!! 😂😂

  • @RobertChambers-t9k
    @RobertChambers-t9k 3 місяці тому

    Great videos Dave. Love your knowledge and insights.

  • @masumkhan4040
    @masumkhan4040 3 місяці тому

    Where im from (Bangladesh) the best silver are British india (1840-1939) One rupee coins .917 purity.

  • @ronsellew5696
    @ronsellew5696 3 місяці тому

    Great Tutorial !

  • @qwertyuioplego210
    @qwertyuioplego210 2 місяці тому

    I’m new to stacking and I appreciate your channel, thank you Silver Dave

  • @rustyrooster4879
    @rustyrooster4879 3 місяці тому

    I find coins are on par with rounds where I am and everyplace I've checked so it seems like a no brainer to buy coins. When there is a difference it's very little.

  • @billseymourjr5472
    @billseymourjr5472 3 місяці тому +1

    Thanks Dave I really appreciate your insight on silver.

  • @sailfly2869
    @sailfly2869 3 місяці тому

    He definitely shows us there are more ways to skin a cat. So I say keep on collecting and stacking its so much fun watching your treasures grow.

  • @SilverLightning333
    @SilverLightning333 3 місяці тому +2

    Oh yeah , loved that sterling sword .

  • @angeleyes7417
    @angeleyes7417 2 місяці тому

    very nicely explained Dave. sweet and kind honest man

  • @Metalmatte-31.1
    @Metalmatte-31.1 2 місяці тому

    Another great totourial. Thx Silver Dave

  • @marceloacuna6479
    @marceloacuna6479 3 місяці тому

    You are now my financial advisor whether you like it or not

  • @Chris-yo4ks
    @Chris-yo4ks 3 місяці тому +2

    When you start, Buy what you like. Get some silver in your possession. Then, if you like the govt mint, go ahead and pay for the higher premium.

    • @sailfly2869
      @sailfly2869 3 місяці тому +1

      Definitely a two way street when it comes to weight and premiums, in my experience as a collector this never came to mind until 2018 when I got involved with stacking but still buying sovereign silver coins and now looking back as well as not looking to sell anytime soon I’m glad I went this direction. You should definitely do your homework first and then buy what you like and can afford to forget about this purchase. If time isn’t on your side and you are thinking about selling you definitely have choices, one is of course selling back to your LCS and second your stash has value and can be used as collateral for a short term loan at most pawn shops and best of all you get your stash back which could be cheaper than repurchasing it.

    • @Chris-yo4ks
      @Chris-yo4ks 3 місяці тому

      @@sailfly2869 I see silver as a means to keep my $$ out of the corruption known as the banking industry. Sure, I keep a bit in there for everyday living, but I hold onto the real money(precious metals). Once I hit 500 oz of silver, I will look to roll some of that over to gold. perhaps the ratio will be better by then. Until then, I'm almost to the 200 mark.

  • @Myscentsei
    @Myscentsei 3 місяці тому

    This guy and his gang signs... An OG stacker!

  • @SilverLightning333
    @SilverLightning333 3 місяці тому +1

    Everything you talk about helps me in some way .

  • @MikeSTGL
    @MikeSTGL 3 місяці тому

    Great info. Thanks .

  • @Mimic013
    @Mimic013 3 місяці тому

    Great video 🤙 thank you

  • @wjajaaa
    @wjajaaa 3 місяці тому +1

    Very well explained Dave.

  • @danielk444
    @danielk444 3 місяці тому

    Great overview!

  • @SW-rb9cr
    @SW-rb9cr 3 місяці тому

    Two thumbs 👍

  • @Silverbuffs
    @Silverbuffs 3 місяці тому

    🪙🇺🇸👍

  • @helpme7479
    @helpme7479 3 місяці тому

    How much U selling for that quart r of Maple Syrup? Thanks.. by the way, I love your videos!! Thanks again buddy!!

  • @ArmisticeDay1918
    @ArmisticeDay1918 3 місяці тому +1

    Great Intro!!!!

  • @zacharyparis
    @zacharyparis 3 місяці тому +1

    I guess it’s fun to buy silver but you sure aren’t going to make anything on silver as an investment.

    • @sailfly2869
      @sailfly2869 3 місяці тому

      Well,if you are here there must be a mutual understanding, I totally agree it’s definitely a very long term investment and its growth rate is around 2% annually. My silver stack is more so my insurance if the dollar is ever devalued and my preference is definitely sovereign coinage to stack as well as I’m a collector first and a stacker second. ASEs, 90%ers, Maples are in my portfolio for stacking and my silver dollar collection is always ongoing. I prefer raw sovereign silver coinage to stack and certified slab coinage to collect which began in 2012 due to China fakes being sold on eBay platform. Don’t get me wrong about ebay because 99% of my certified collection is purchased there.

    • @wojak86
      @wojak86 3 місяці тому +1

      use silver to keep money safe from third party printing press AFTER you make it. Silver for me is wealth storage (poor mans gold)

    • @zacharyparis
      @zacharyparis 3 місяці тому

      But silver can be mined indefinitely. Inflates the same way the dollar does.

    • @sailfly2869
      @sailfly2869 3 місяці тому

      It’s just another way to spend your money or should I say it’s my insurance just in case something stupid happens with our dollar bill

    • @KurtOnoIR
      @KurtOnoIR 3 місяці тому

      ​@@zacharyparisit doesn't inflate the same way a dollar does though does it? For example a dollar and forty cents of pre 64 coins is equal to about an ounce of 999 silver. In 1963 how many gallons of gas could that $1.40 get? How many gallons can $1.40 cash get now? However the silver value in the coins at spot should get you about the same amount of gas now as the $1.40 would back then. It's a crude example that fluctuates slightly depending on the years you look at but there are a few real world examples of silver protecting from inflation in that manner. Bulgaria, Zimbabwe ect. You could trade your piece of silver for your wheelbarrow full of cash to get your goods at about the same rate as you paid for the silver. It's not what anyone should call an investment tho in my opinion. Of course some people have different ideas of what an investment is.

  • @trentsuveges7622
    @trentsuveges7622 3 місяці тому

    Right now, just get it while its cheap

    • @sailfly2869
      @sailfly2869 3 місяці тому

      Over time it is always going to more reasonable than current prices, when I started stacking in 2018 my average cost with premiums on ASEs was $18.00 dollars and shortly after spot dropped right below $12.00 which I should have purchased but not knowing any better I didn’t. My advice is start looking at historical line charts and watching how premiums and spot fluctuate is all the tools you need for purchasing. Whether you stack sovereign or weight it really doesn’t matter as long as you don’t go overboard that can affect your financial daily or monthly situation.

  • @vincentleoni6334
    @vincentleoni6334 3 місяці тому

    Professor silver dave 👏

    • @teamofstars
      @teamofstars 3 місяці тому +1

      Professor and much respected retired Green Beret Army Special Forces warrior who spent years serving the people of America and the free world... love how he lets us see his second amendment tool (necessary and common sense for anyone who is around lots of precious metals)... Dave, Yankee, Tim Marschner and the online dealers Dave mentions make a perfect team to join and work with to prepare for what is just around the corner... owning physical silver and gold is truly a life-saving practice... thanks to all of them and good luck and blessings to everyone else...

  • @johnruck
    @johnruck 3 місяці тому

    LUKE from We are change says HELLO also Yankee Stacking brother here >> what a great combination

  • @ri0t-Rick
    @ri0t-Rick 3 місяці тому

    Good info

  • @sailfly2869
    @sailfly2869 3 місяці тому

    Definitely a two way street when it comes to weight and premiums, in my experience as a collector this never came to mind until 2018 when I got involved with stacking but still buying sovereign silver coins and now looking back as well as not looking to sell anytime soon I’m glad I went this direction. You should definitely do your homework first and then buy what you like and can afford to forget about this purchase. If time isn’t on your side and you are thinking about selling you definitely have choices, one is of course selling back to your LCS and second your stash has value and can be used as collateral for a short term loan at most pawn shops and best of all you get your stash back which could be cheaper than repurchasing it.