Anybody Stacking Sterling?

Do you stack stering flatware?

  • yes, as much and as often as possible

  • yes, but only when there's no other silver available

  • No

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jrog100

jrog100

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Just curious if anyone else is adding sterling to there stack? Why or Why not?
 
Typically, no. It seems to be getting close to spot when buying, but selling is a crap shoot. There are too many other, less risky silver investments to make with given funds.

That's not to say I pass up a real bargain; but to buy sterling, I need to get it at a very deep discount.

(For GIMer's, I did sell a couple of nice pieces of sterling to The Shootist a couple years' back) :)
 
Farpdinkle said:
Typically, no. It seems to be getting close to spot when buying, but selling can be a crap shoot. There are too many other, less risky silver investments to make with given funds.

That's not to say I pass up a real bargain; but to buy sterling, I need to get it at a very deep discount.
Click to expand...

Selling? What is this "selling" word of which you speak? LOL
 
There was a dairy in our area called the Sterling Dairy. I picked up one of their rounds for nostalgia sake but I don't normally buy it.
 
jrog100 said:
Selling? What is this "selling" word of which you speak? LOL
Click to expand...
Hey, if a guy can buy sterling cheap, cheap, cheap...flip it for a profit to buy more .999, well...it's an overwhelming compulsion:cool:

(I put 40% Kennedy's and 35% war nickels in the same category)
 
Farpdinkle said:
Hey, if a guy can buy sterling cheap, cheap, cheap...flip it for a profit to buy more .999, well...it's an overwhelming compulsion:cool:

(I put 40% Kennedy's and 35% war nickels in the same category)
Click to expand...

This is the only reason I would buy sterling (or 40% or war nickels). I wouldn't call it stacking as I have no intention or desire to keep it for the long term. Flipping is more appropriate.
 
I bought some silver settings. They are nice to eat from. In addition they still have value.
Not an investment for sale but to pass down to my boys.
C
 
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