I’ve been stacking for a few years now but when I started out I was just looking for a solid investment that would get me out of the broken financial system. I didn’t even know what Stackitus was back then and so it wasn’t the irresistible pull of hoarding shiny stuff that brought me into this space. I was just trying to figure out what was likely to be the best investment over the long run. I did a lot of research into it and eventually decided on Semi-Numismatic Coin Series.
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A lot of Stackers just like plain old bars and for them the Spot Price is the most important thing. There is usually negligible premium on bars so for a straight up play on the Spot Price it’s easy to see why so many hard-core stackers choose bars. On the other extreme are the Numismatic investors who like to buy rare and obscure Gold or Silver coins from history and I salute those who venture into Numismatics because calculating Premiums on Numismatic coins seems like a bit of a Dark Art to me. It seems you need years of experience and a very good eye to be able to value that stuff properly. If you get it wrong it can be very costly!
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So when I started out I decided on Semi-Numismatics. My logic behind it was that a lot of Semi-Numismatic coins come out and initially there is not a lot of Premium. For a current year coin you pay maybe Spot Price plus a few percent for Gold, a bit more for Silver. You have good exposure to the Spot Price but you also have potential Numismatic upside if years down the track your coin has built up some demand. Normally Semi-Numismatics have a fixed and limited Mintage, so scarcity comes into play and those who like collecting sets and series can add to demand down the road. So when you’re buying a Semi-Numismatic coin with a current year, there is very little downside risk when it comes to Premium and yet there is upside potential. That is my kind of investment.
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It’s actually been a while since I bought any Gold or Silver. I’ve been happy with my stack size and since getting into Cryptos and then STEEM I’ve been pretty busy. But a lot of the Semi-Numismatic Coin Series that I have been stocking have come out for 2018 so it’s time for me to start buying again. Unfortunately there aren’t any coin dealers near me, so it’s either a big drive or an online order (or 3) which is going to be required. I’ve never published an unboxing video but now that I’m involved in such a great community here at #SteemSilverGold it’s probably time for me to step up to the plate and start practising what I preach. Stay tuned!
http://www.ibmadison.com
https://www.belleaircoins.com
https://www.flickr.com
http://www.financialexpress.com
I do my unboxings on YT channel with a JVC camcorder and edit it in YT itself. Like to see what you call semi numimatic. For instance lunar series Perth Mint? Is that semi numismatic.
Yes. It it's a limited mintage bullion coin with a design that changes every year then I consider it semi-numismatic.
I am also stacking the semi numismatic coins. In the UK we pay VAT on silver so it just isn't worth stacking bars and weight. I also like picking up a couple of the very high premium collectable coins and i look for items that dont just add to the stack but coins that will make my collection spectacular.
Bloody VAT is a typical government grab on what should be a tax free purchase of real money. I feel for you poor buggers in the UK having that overhead.
I want to see when you UNBOX for the First Time @buggedout..............
That sounds a little bit creepy.....but OK :)
I'd love to see one of your unboxings. When in Rome ;-)
Cheers. It probably won't be until next week.
I'll be here whenever you're ready to show off your wares. I have some semi num items but my stack is really allover the place. I keep trying to only buy lower cost items but then I forget and buy stuff I like 😎
Some days are definitely harder than others ;)
Can you give some examples of what you mean by "Semi-Numismatic with current year"? I like the idea of being able to buy coins that are unique, but not too much above spot. With limited funds, I want my funds to go as far as possible.
A Semi-Numismatic is typically a bullion coin with a design that changes every year. Current year is 2018 so I have an order coming for 2018 and I'll do an unboxing vid. Won't spoil the surprise by telling you whats in it. You'll have to watch the vid :)
Thanks for not spoiling it for me. That's so considerate of you! You're such a standup guy! Looking forward to the video. And to finding some cheaper Semi-Numismatic coins that I can get myself.
The video is up HERE if you're still interested :)
Glad to see your gonna pick it up again buddy. Stackitis can become manageable but will never go away
Yes, I will be giving you a call shortly to help me out with that.
I want to see those gilded C3POs too ;)
What series do you call semi-numismatics? Pandas, Koalas, Kookaburras, Britannia, Maple Leafs, Silver Eagles, Philharmonics, Gorillas, Star Trek, Star Wars,Lunar,...There are dozens of series and you are right on collecting some of them.
I don't consider Britannias, Maple Leafs, Silver Eagles, Philharmonics to be semi-numismatic because they have a generic design. But yeh, I've got some of those too ;)
Looking forward to seeing what you go with.
There's a 10kg .9999 Ag Lunar dog coin at the Perth Mint with your name on it.... ;-}
Haha. 10kg is a heavy coin. I'd love one, but a bit unmanageable at that size. 10oz coin is as big as I've got right now and I've got one of those on the way ;)
Show us an unboxing! Show us an inboxing!!!
Excellent article.
What was the most excellent part of the article?
😂
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