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Silver Stacking for Beginners: COINS

silversaver888

Published: 31 Aug 2020 โ€บ Updated: 31 Aug 2020Silver Stacking for Beginners: COINS

Silver Stacking for Beginners: COINS

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.

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:

Canadian dollar, half-dollar, quarter and dime coins minted after 1919 and before 1967 contained 80-percent silver. Those minted 1919 or earlier are sterling (92.5%) silver. For these coins (1920 - 1966), every CAD$1.00 in face value contains 0.6 troy ounces of silver. The 1967 quarter and dime were minted in either 80% or 50% silver. The 50% quarters and dimes continued part way through 1968 until the mint introduced the 100-percent nickel versions of all the coins mentioned beforehand. To tell the 1968 nickel and silver coins apart, the ones made from nickel are magnetic whereas the silver coins are not.
Australian "pre-decimal" florin, shilling, sixpence and threepence coins minted from 1910 to 1945 contained 92.5-percent silver. From 1946 to 1964, they were minted in "post-silver" coins which contained 50-percent silver. In 1966, the "round" 50-cent coin contained 80-percent silver.

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.



All U.S. Constitutional shown in this article belong to silversaver888@silversaver888

All photos, gif and videos were taken by me using my iPhone6 unless specified otherwise.

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silversaver888@silversaver888



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