I was curious what the internet considered a stacker. Type in "investing in silver" and it will give you the term "Silver Stacking". I guess I have always accumulated coins, much earlier than I ever heard of the term. I hear it all the time and it is used to describe someone who collects pieces of silver, whether it be in coin, bars, or other hand-poured silver items.
American Silver Eagle Coins. They began striking the coin in 1986 and to this day remains the official silver bullion coin in the United States. I know she looks like a Liberty, but, there is an Eagle on her back. Most coins have names that reflect the image on the front. In case you haven't guessed it, I love coins. They can be silver or gold, or platinum. I love them equally. I have been unable to scour the secondary markets/coin-stores because most are closed, so I have been ordering online this last year. Here are a few of my recent purchases.
Today is #MarketFriday initiated by @dswigle (Denise, that's me!!) Join me as we share our markets across the globe. I always look forward to seeing what you send me! It is amazing to see the different markets and cultures of our friends here on Hive.
SilverAmerican Eagle Silver Coin, Frontside and Backside
Each coin is 1 oz (.999 troy ounce) Silver American Eagle coins minted by the United States Mint. Silver moves inversely (opposite) to a good part of the market. When stock prices go down, silver (and gold) goes up. And yes, they are a piece of art.
In addition to being a valuable tool for ensuring financial stability, 1 oz Silver American Eagle coins are also works of art. The obverse of these coins features the Walking Liberty design of the Saint-Gaudens dollar, with the rising sun at the lower right. Liberty is printed across the top, and In God We Trust appears on the right side, below the Y in Liberty.
At the bottom, you’ll find the mint date. On the reverse side of the coin, you’ll find the eagle as depicted in the Great Seal, clutching an olive branch in one talon and arrows in the other. In its beak, the eagle holds a banner with E Pluribus Unum on it, below 13 stars. The United States of America is printed across the top, and at the bottom, you’ll find 1 OZ. FINE SILVER – ONE DOLLAR.
One-ounce Sunshine Silver Rounds
Rounds are a great way to buy gold and silver online and also much cheaper than buying the coins. They carry a low premium over the spot price. Coins, everyone recognizes, but, an ingot is formed by pouring molten liquid into a mold, where it will solidify and take the shape of the mold. They are easier to transport this way. Most are sold by Mints. They also are an inexpensive way to buy, but, there are counterfeits out there, so always buy from a reliable source.
Rules of the Road
Go to the market, or anywhere that you pay money for a service.
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As always, there must be flowers to color my world. #alwaysaflower Bluebells in the forest, a sure sign of spring.
Platinum is the heaviest of all the precious metals. It weighs almost twice as much as a karat of gold.
Authorized by Congress in 1996 and first issued in 1997, they are the first and only official investment-grade platinum coins from the United States Government.
This is the only platinum piece the US Government guarantees. They are also the only American coin that changes their reverse side designs every year.
I am not an expert in stacking, but, I will become one. I like to read articles from the silver and gold stackers. If you are interested, check out some of the articles under this tag: #silvergoldstackers
And just like that, this post is done. I hope you had a good time and learned a little something new. As always, I want to thank you for taking the time to visit, and just remember, #MarketFriday loves you! Thank you for supporting the challenge! Have a most fabulous day! Cheers!!
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