Have any of you set up a goal for the amount of silver you want to stack? My goal is 300 ounces in 2 years, buying on sale every month. How big is the average stack?
My long-term goal is 2000 ounces. Only because I have been there before and then sold some here and there as the need came up. My annual goal is to add about 125 ounces per year until I retire. I just like the stuff!
Based on the total population and total % of stackers, socio economic factors, etc... Based on his guess the average stacker has 10-14 ounces. And using the 80/20 rule. The % are:
Top 20% - 41-54 Troy Ounces Top 80 % - 3 ounces
Breaking down the Top 20 % we get: Top 5% - 132-176 Troy Ounces
Breaking down the Top 5% Top 1% - 406-541 Troy Ounces
I have a few ounces (well top 5%) but no where near what actual stackers have. My LCS owner personally has over 50 monster boxes (25,000 ounces), he buys 1-2 monster boxes every year.
I am also not a stacker but I have about 70 ounces in bullion and some constitutional silver (much better imo).
I've only been collecting for a couple years (2017). Favorite Coin's are Standing Liberty quarters, Working on my type set: "knowledge is power" -Thomas Jefferson | Coffee, Corvettes, Coins & the CCF what could be better?
I am also not a stacker but I will stack whatever I get from roll hunting or coinstar finds. If the price of silver goes down I might buy a bunch of junk silver and stack that (after checking it for errors and varieties[RPM's, etc...] of course!).
Down through history, there has been enough silver mined and refined to give about 7.5 ounces of silver to every person on the planet. However, much of this silver has subsequently been lost industrially or commercially and is no longer sitting around in bullion form. It's estimated that under half an ounce of .999 fine silver per person exists.
On that basis, the dozen or so ounces I have in my collection, on top of the dozens more ounces that are sitting around in old coin form, plus the 10-ounce ingot I purchased from my church when somebody put it in the offering plate, all seem like "more than enough" to me.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
No goal for me, not a stacker. Have very modest assortment of silver picked up while roll searching and accumulation of old collections--US and foreign.
I'm done with silver as it pertains to stacking. I achieved my goal, mostly. the only silver I want is whatever I have left to acquire for my 7070. after assembling my ASE 'collection' I now know how much it weighs, based on those 99 ounces. acquiring more silver can wait. I'm focused more on gold. (my goal for gold: as much as I can get my hands on, as fast as I can)
A professional financial advisor once told me: "Up to about 5% of your total investments can be in bullion, art numismatics, or the like."
Which of these categories to decide upon should be up the to individual judgement of the investor, because in most of these cases, the investor has the interest and sufficient expertise to back his own judgement on what, when where and how to buy and sell.
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Posted 01/24/2023 1:04 pm
