/biz/ - Business & Finance

>>57172892
Nah, it's more about making sure you do research before getting into stacking. I didn't know about pmg or premiums so I just went to the Royal Mint and bought every coin I liked. Then when the queen died I bought every single one that I could get as I assumed they'd go up in value.
They probably will gradually, not as fast for high mintage ones of course, but you're limited to selling to other collectors. Pic related is one coin I have, bought for £57.50 in 2022, so even after fees and shipping I'm breaking even. And it's just a random coin, not that rare or interesting.

Silver was £6 an ounce in 2008, £18 today. Inflation wise today, £6 would only be £9.32 today. has it performed as well as gold, stocks or bonds? No. Is it safer than bonds and stocks? yes. Is it cheaper than gold and therefore more accessible to the average consumer? Yes.
Diversify your portfolio, spread your investments and buy gold as well as silver. Stacking silver because it's going to hit the moon when SHTF and will be 100x as much because FIAT has collapsed is idiotic however.