$ (Au, Ag, Pt) Precious Metals - Gold, Silver, and the Platinum family of metals

Is gold nice

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Buffalo's are a great place to start that's where I started. Premiums are low, and the metal is pure. I use them now days as stocking stuffers. Other then American eagles and sovereign mints the buffalos is the next best thing.
I got the buffalos at spot in a starter pack deal, and the eagle at spot for Black Friday. The only coin I bought that had a premium was the 25 peso at ~$3 to hit the $200 free shipping threshold. I'm thinking I might just go around and buy the one-per-customer spot deals from all the reputable sellers until I've exhausted them all, there's at least 100 oz of premium-free silver right there.
 
I got the buffalos at spot in a starter pack deal, and the eagle at spot for Black Friday. The only coin I bought that had a premium was the 25 peso at ~$3 to hit the $200 free shipping threshold. I'm thinking I might just go around and buy the one-per-customer spot deals from all the reputable sellers until I've exhausted them all, there's at least 100 oz of premium-free silver right there.
Lots of people do that. A guy on Reddit even posted a photo of everything he got, read it here.

Look at what's at spot. Rounds are easy, usually they give you a handy container to put them in. Most of the time they're buffalo rounds and the same size, so they can fit in a tube together and are interchangeable even though there are a dozen different mints. (Though there are some ugly ones...)
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Some of them do bars at spot instead, which sounds great except there's no standard for bar size, so you end up playing Jenga if you want to stack them. That's not to say you should pass on them, but maybe save them for last.

Always buy premium stuff at spot if there's a deal, like the sovereign coins at Bullion Exchanges that are always running when they're in stock (currently an American Eagle, Canadian Maple Leaf, and Aussie Kangaroo), and when Monument/SD/etc run a special. Sovereigns, especially Eagles, keep their value more at resale because they're government minted/backed.


EDIT:

One of the more informative YouTube channels on precious metals is Vermillion Enterprises, a store outside Tampa, FL. He posts videos daily showing what he pays and sells PMs for, to give you an idea of the spread and how much of a premium, if any, you'll recapture, and for what, and the state of the industry. For instance, today he was paying spot-$1 for generic silver and 90% junk - and generic is pretty much everything that isn't sovereign. He was paying $2 over spot if you had an intact tube of same year Eagles, which gives you an idea about what people want to buy right now. 7:20 is when he talks about the state of the PM market in his neck of the woods.
 
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Where is a good place to start for investing in precious metals? I want to start up a stash. Also, is it better to get silver or gold?
 
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Yes. All these links are from JM Bullion:
I have no idea how these are as investments. Buy at your own risk.
the company that produces the packaged bars sold by jmbullion, luciteria science, sells almost all of the naturally occurring elements on the periodic table, and they sell about 50 different elemental metals in the form of one gram and/or one ounce bullion bars. they even have a labeled display case for all of the one gram bars that they produce:
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they also sell about 70 elements contained within argon-filled glass ampules (and another display for those). their website has a lot of good information, and the descriptions are more entertaining than expected. for examples:
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eta: *be forewarned that element stacking is as addictive, and as expensive, as precious metal stacking*
 
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What are the other types of metal you can buy besides silver/gold/plat? I might get some copper but I’m not sure if it has the same use as the others.

I did a writeup a while ago on Platinum, it is a metal a lot of people sleep on but it actually a really good metal to stack because it has hard industrial and chemical applications that keep it's price stable. Platinum's other friends like Iridium are similarly useful for industry and chemistry but the disadvantage is you might have issues cashing it out if you ever need to.
 
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Where is a good place to start for investing in precious metals? I want to start up a stash. Also, is it better to get silver or gold?
Welcome aboard.

First, assuming you're American, the best place to start stacking is "Junk Silver"- old silver coins that're no longer in circulation. The next best place is generic silver rounds (like silver buffaloes), and then after that get silver Britannias. Once you get your first 100ozt, you can look at gold. Buy in whole ounces if you can. Fractional silver and gold have insane premiums, and it gets worse with silver eagles.

Second, buy from a local, trusted dealer. If this is impossible, buy online from places like JM Bullion or APMEX.

Thirdly, keep your metals out of the banking system. The Feds can take it and have no obligation to return it. Do not tell anyone aside from trusted family members you're stacking.

You can consult my infographics here and here for more information.
 
I did a writeup a while ago on Platinum, it is a metal a lot of people sleep on but it actually a really good metal to stack because it has hard industrial and chemical applications that keep it's price stable. Platinum's other friends like Iridium are similarly useful for industry and chemistry but the disadvantage is you might have issues cashing it out if you ever need to.
I would just buy an ETF instead. Platinum (and Palladium which is similar) both have absurd spreads. Sprott has SPPP which tracks both, and they're open about the exact bars they hold and are audited so you're not investing with someone who owns futures or something. Of course it costs more because storing metal ain't cheap.

Second, buy from a local, trusted dealer. If this is impossible, buy online from places like JM Bullion or APMEX.

They're both overpriced. You're better off with Monument, Hero, Bullion Exchanges... check out https://findbullionprices.com/closest-to-spot/?category=silver on what you want to buy.

Also, in the spirit of the season...

FELIZ LIBERTAD! 🎺
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FELIZ LIBERTAD! 🎺
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The one year chart on silver is unreal, I been in this stacking game for a long time and all that toil is finally coming to fruit.

Maybe its the Stockholm syndrome in me expecting that slam down any minute but what a year.
I've been wanting a drop, but I don't think it's gonna happen. Just off-hand, not even 2 years ago, I could get 20oz in the $600-$700 range depending on what's what. Now, It starts in the low to mid $700s and is only going up.
 
great collection! I like the beautiful simplicity of the Canadian Maple Leaf coin.
I got some for the itsy-bitsiest premium just because they were milk-spotted. Why do I care if there are spots?!

What are the other types of metal you can buy besides silver/gold/plat? I might get some copper but I’m not sure if it has the same use as the others.
Copper is cheap, but I ended up using mine practically instead of stack-tically.
 
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great collection! I like the beautiful simplicity of the Canadian Maple Leaf coin.

You can see King Charles' schnoz on that brit-tish coin from the top of the Empire State building.
Maybe I'm picky but I really do not understand the widespread love of Canadian coins. For some reason, I've noticed that a lot of people really seem to like them, but then hate on Philharmonics (how is *a leaf* better than an organ). It may come back to bite me but I refuse to buy them just because I think they're so dumb looking. But I'm also the type of person who rarely gets rounds because I find most designs to be kind of ugly so, again, maybe I'm just picky and/or pretentious.
 
Maybe I'm picky but I really do not understand the widespread love of Canadian coins. For some reason, I've noticed that a lot of people really seem to like them, but then hate on Philharmonics (how is *a leaf* better than an organ). It may come back to bite me but I refuse to buy them just because I think they're so dumb looking. But I'm also the type of person who rarely gets rounds because I find most designs to be kind of ugly so, again, maybe I'm just picky and/or pretentious.
Silver maple leafs aren't known for milkspotting easily. It's a big plus in my book to stack silver coins and not have them look like shit after a year, just my personal preference though.
 
Maybe I'm picky but I really do not understand the widespread love of Canadian coins.
agreed. i'm not a fan of the maple leafs, or the phiharmonics, or the ases, but i still collect them with my annual sovereigns. i can kinda understand the appeal of canadian silver more that the others though, because it's 0.999 (four nines) instead of 0.999 (three nines). that's how they are able to produce a mirror finish (three nines can't do that).

i'm finicky, too. i prefer the libertads and perth mint coins (i collect the dragons, kangaroos, koalas, and kookaburras). my favorite annual sovereign coin is the serbian tesla, though. some may say that it's ridiculous to pay so much over spot, but in my experience, they're low when they're initially released, and they tend to appreciate quickly.
 
Maybe I'm picky but I really do not understand the widespread love of Canadian coins. For some reason, I've noticed that a lot of people really seem to like them, but then hate on Philharmonics (how is *a leaf* better than an organ). It may come back to bite me but I refuse to buy them just because I think they're so dumb looking. But I'm also the type of person who rarely gets rounds because I find most designs to be kind of ugly so, again, maybe I'm just picky and/or pretentious.
The hate is pretty dumb. It's a nice design, they are the only widely available sovereign coin denominated in Euros, and the mint has a long history. Like anything else there are fads. Maybe that is one good reason to buy as close to spot as possible, you can always sell silver for spot or just under no matter how ugly it is. The premium is subject to taste, and nobody knows if people will still like ASEs or Libertads enough to pay the current premium ten years from now. This matters more if you are stacking rather than just buying the odd coin.
 
Thanks for sharing!

I took advantage of the 3 1.5 oz Canadian silver coins and the 1/4 oz sovereign gold coin. Getting gold at spot is an almost no-brainer.
The coins came in yesterday and they are beautiful
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4.5 oz silver & 1/4 oz gold coin at spot
 
My Airbnb in Mexico is located pretty close to a coin dealer. It would be pretty cool to get some Libertads there but I was wondering how much it would cost in Liquidation fees to transport them back to Canada and vice versa if I plan to move out of Canada. I have transported silver and copper rounds I bought from Montana, United States before back during the summer. I am also aware Canada may also have some Libertad's as well.

Maybe I'm picky but I really do not understand the widespread love of Canadian coins. For some reason, I've noticed that a lot of people really seem to like them, but then hate on Philharmonics (how is *a leaf* better than an organ). It may come back to bite me but I refuse to buy them just because I think they're so dumb looking. But I'm also the type of person who rarely gets rounds because I find most designs to be kind of ugly so, again, maybe I'm just picky and/or pretentious.
I understand why many people may not like the Maple Leafs. Improper Milk spotting could be an issue on these coins for some people and make the coin appear like shit. Though fortunately it doesn't affect the value whatsoever and it doesn't make your coin smell bad either. I've had milk spotting and corrosion on Silver Bars before (even some milk spotting on some Silver Maple Leafs). They can be cleaned though you gotta have the right materials and you gotta clean it carefully. I honestly don't really care much milk spotting but I often store these maple leafs in Tubes and other environment where these things could be prevented easier and I often keep them away from sunlight. With that being said, Silver Maple Leafs are still some of my favorite coins considering how pretty they look.
 
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