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.
- Sovereign Minted or Government-issued Bullion Coins, which I discussed in a previous article.
- U.S. Constitutional silver or any silver coinage that has a silver content from any country of origin.
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:
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.
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@silversaver888
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The most ideal form of 'Fractional' silver for Emergency Commerce situations. Easily recognizable and value based on the underlying precious metal. Easily to reference for anyone with an Internet connection, real money!
Always, keep stacking Sis.🤗💓🍁
Great info. I didn't ever think about why it is called constitutional silver. I'm still waiting on a Silver Birds post for #FEATHEREDFRIENDS! It might help others realize that all sorts of birds are acceptable in the community!
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Thank you for being FIRST to comment on this article, my dear @melinda010100!!!! I promise... TOMORROW, I am going to post the article. And thank you for letting me know about that the other day. I am so thrilled to share my passion for silver with the #featheredfriends community!!!
Have a beautiful day, my sweet friend, and take care 🥰🌺🤙
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Good info @silversaver888. I don't see many UK coins so I appreciate the info. Have a great week.
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I have almost none of the UK junk, except my 1888 collection, myself. I bet you, our stacker friends from across the pond have tons of them!!! If they weren't too far, I'd love to trade coins! Did you see the photos I found on the web... they are so very pretty!
Have a great week ahead my friend @summertooth, and take care 🥰🌺🤙
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Thanks, @pixresteemer!
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Oh, you know I am all about the coin! These are awesome!!! Anything before '65 is a keeper to me!
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I know!!! I love that we have that in common, my sweetest friend! And you are absolutely right... any pre-1965 is a keeper!
Have a fabulous evening , sweetest, and I will see you very soon on #marketfriday!!!!
Take care 🥰🌺🤙
Not if I see you first!
Dutch Junk : pre ???? Guilders and Rijksdaalders 72% silver, ;)
Indeed!!! I have some Guilders in my misc box!!!
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Great post, with plenty of information!
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Good advice for the newbie @silversaver888! You give good sound advice for those wannabe stackers who don't know where to turn, and a good reminder for those of us who do!
Thank you for sharing sis, and have a lovely night!🤗😘💕🌸
@silversaver888 you can't go wrong with constitutional silver.This is easy to start small and continue to build. I have had friends that really didn't want to invest very much, and I would tell them to pick up a silver dime, or a quarter...just start!😇
A very encouraging post my friend, have a wonderful evening!😍😍😀
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Thank you, sweet @dswigle! YOu are always so generous! I appreciate the tip 🥰🌺🤙.
You are always a pleasure!