Fantastic topic! Collecting brings personal joy. I accept that when I am gone, the chances are small that someone will buy my collections with the same passion and appreciation as I had. Therefore, I automatically assume the best likely price is spot for my semi-numismatic and collectables, and melt price for my circulated coins. I hope that when my family or I sell, that spot price is higher than the original premium price I paid. @Austrian Stacker; please send your new Austrian Collector sticker when they arrive.🤣
Hello. New stacker, here. Thank you for sharing some of your collection, and for the interesting question about potential sale of such lovely and relatively pricey pieces. Who would buy it? I am just at 2 years of stacking and recently found myself gravitating towards vintage silver bars, mostly 1toz each but WOW it adds up fast--the stack and the premiums. There is one coin shop about 30min from me who appears to buy and sell a lot of vintage and art, high premium bars, rounds, coins. If I ever needed to sell, they seem like a viable place. I say buy and trade within your means especially if it makes you happy and would continue to bring some kind of happiness for a long time, unless you like selling, flipping bullion too. Trading is fun, too. As for generational differences in collecting and stacking, general numismatic interests, I can speak only about what I know in the USA particularly in the Midwest. The Costo phenomenon is still kind of new and interesting to me, as I am not a Costco member but have considered it recently, simply for the bullion deals they have. My gut tells me that there will always be collectors and stackers. I will have a lot more to share about collecting and selling after this year's ANA World Fair of Money conference in Rosemont, IL, USA, August 6-10. Anyone else going? Stack on!
Hello "New Stacker"! Thanks for watching my video. I am glad you liked it. One of the most interesting things is how different the precious metal, coin and bullion markets are. One example: We don't have silver rounds (I wish we would because I love US silver rounds). We just have coins with a face value because silver with a weight of 1oz and more would have to be hallmarked. We collect totally different coins than you in the US. Sorry to say but nobody cares about superhero coins here. You would never ever get more than spot for high premium superhero coins. Also we have VAT on silver. That makes silver even less attractive for a lot of people. I imported most of my silver from Estonia which was the last EU country without VAT on silver but that's also over. I wish you all the best for your stacking journey. Please keep me and the community posted. :) Greetings from AUSTRIA!
This is a concern for those who actually do want to sell and realize a return one day. Selling collectibles is difficult even when you buy the right coins but almost a guaranteed loss if you choose poorly, and there’s a lot of crap out that that won’t hold its value. I’ve already started liquidating the coins I don’t want from my collection and that’s working out pretty well for me, I’d say don’t wait, turn and burn as quickly as possible and put that money back to something you can feel confident about! Maybe I’ll do a little follow up on this topic in my next video if I ever get around to making more content lol I know the struggle well. Thanks AS!
You mentioned a good point: Liquidating the coins you don't want from your collection. I am in exactly the same situation. I am thinking about what to keep and what I should better sell as long as I can get my money back.
Hey, AS 👍 I've recently had the same line of thinking. I have sold some of my collection a few things here and there to my LCS in the past few years. However, I have managed to just buy more collectable coin, ( Dragons 🐉) thanks alot 🤷 With all kidding aside I'm just enjoying what I've collected at least for now, and who knows I may just decide to liquidate them in a year or two. Lord willing 🙏 Take care my friend and have a great weekend. I'm going to a coin show today, can't wait 😎🐉
@@CashAndCoinsYT I’ve made a bit of a profit on some of the things I’ve sold and a few things I’ve broken even. I’ve only taken a loss on of the one coin I sold last year, but nothing major. But I used that money towards something else.
I hope that I never have to sell my whole collection but I am thinking about selling a part of it. Simply because I don't like it so much that I want to keep it forever. How was the coin show? I wish we would have coin shows here in Austria.
@AustrianStacker I completely understand regarding wanting to sell some of your collection. As a collector and as a Stacker, sometimes we get tired of certain things we have, or we're simply are over the excitement and the joy of a particular part of our collection initially gave us and we feel it's time to move on in a different direction so we sell something and put that money towards something new and shiny. The coin show was great, I always look forward to them. There is a convention center not too far from where I live that has a show in February, June, and at the beginning of October. I always stash away some cash each time I get paid that I use towards my purchases at the coin show.
I was traveling a lot recently. I have no idea how you manage to upload videos while you're traveling but I am simply too tired and go to bed early. You need to tell me your secret. I mean your videos are always meaningful even if you're traveling and busy. I am struggling with creating meaningful content even after a 2 weeks vacation. :)
@@AustrianStacker well…I try to create content whenever I have a break. I only upload shorts from my phone. Longer videos need more work so I edit them when I’m home on my computer. You’re right, its hard work… I know combatting jet lag can be challenging. Always stay hydrated and sleep if you need to. No point pushing yourself. Cheers AS and safe travels 😊✌🏻
Salutations fellow stacker! I must admit the same thing is happening to me as a stacker. I am starting to drift into that collector classification. I don't have the resources most have as I am on disability and a fixed income. I started stacking about 2 years ago now. Since then I have found myself not buying a tube of this or multiples of that, but rather one or two of these and one or two of those, simply because I don't have that particular round or bar. Admitting we have a problem is supposedly the first step to the cure, but I'm fine with having this affliction. LMAO! Ultimately, you do what makes you happy my friend. As far as selling my stack, I have no plans to do so. Unless I need to I will have my stack till the end. Best wishes from the US, take care my friend.
Hello. Interesting topic. I have the same opinion about it. Collecting and Investing are different disciplines, and the market price is determined a lot by the popularity of the focus, which can change significantly over the decades. High prices for collectibles already at the time of acquisition are, in my opinion, an investment risk. I think that profit is made when buying - expecting a high appreciation in the future smacks of speculation. Take my comment with a grain of salt, I'm a big fan of yours. Have a great day.
Thank you so much for your kind words. I assume you are from the city with the best beer in the world? :) You are 100% right. It was a shock for me. I did not realise how much I am already into collecting. I first stopped buying silver and then also gold because of the high premiums and crazy spot prices. At the same time I bought a few collectibles. At least I thought it was just a few. Great to have them, don't get me wrong. I enjoy the beauty of these coins but I am sure that I would never ever get my money back if I sell them. Thanks for watching and leaving a comment. Have a great day!
@@AustrianStacker Yes, that's right, a city of beer with a camel in the city emblem. I understand the pleasure of beautiful collectibles at a higher premium. Honestly, the longer I'm in the business, the harder it is to resist buying some pieces. I agree that to a limited extent it can also be a certain way of diversifying the collection. You are absolutely right when you say that it should represent rather a smaller fraction of investment items. Have a great day. I look forward to the next video.
Most collector silver is speculation and even those coins which present a return on inwestment, mostly present that return in the medium term, whilst the item is hot. Look at queen's beasts prices now, the yield is inexorably falling towards spot. Anyway, so what are numismatics? A fun diversion that you can justify as cost of living. Same can be said for the premiums I'm paying on BU products like Czech like n 'investment' gold and silver. Or backdating my Lunar gold and platinum. I know it's silly, but I don't have any other lifestyle expenses, so whatever, at least my stack is pleasing to the eye. And who knows, maybe the focus on series three Lunars and Czech lions, will pay off thanks to limited mintages and continued collector value.
I too am in exactly the same situation as you but around 10 years older. I reached my stacking goals about 4 years ago (just before COVID) but like you I have since bought far too many pretty collectible coins. And they are going to be very difficult to sell……. 😞. Really important video - I hope people take note. Thank you!
I am not familiar with the silver market in the UK but considering the product range of the Royal Mint, I think silver is more appreciated there than here. It takes a lot of time to sell silver without a loss here in Austria. That's what makes me think about selling some of my high premium silver coins. My ultimate goal is to have enough gold before I retire. I am not sure if Gen Z will be able to pay my pension one day. Gold plays an important role in my personal financial planning. Thanks for your support and the meaningful comments. Sorry for my late reply. Crazy days at work...
Great topic. Thanks for sharing. Collecting will always be a thing. GenZ just might be collecting debt these days. It’s sad but true. I hope all is and stays well on your end. Very jealous of your office view! Cheers.
I had to work on oil and gas fields all over the world for more than 20 years to have that office view today. 😆 I love the view but it’s hard to concentrate on the work. A lot of young people don’t invest or save money. All that’s important for them is „work-life balance“. I call that lazy. 😆 They sell inherited assets to support their work as little as possible lifestyle. They call themselves the last generation. We call them the lost generation here. Indoctrinated by idiotic far left and far right propaganda. Have a great day my friend!
I think many stackers find themselves a collector one day, just happens, lol! Good topic for the collector stuff- who will buy it n the future. I hear you on the gold, slowed that down myself to wait for a spot price drop. Good to see you AS, glad you made a video!
Hello my friend. Great if you don't buy gold. That means more vintage silver bar videos on your channel. :) I think the gold price will go down significantly the next months. I try to be patient...
I also don't see the point in 1 Oz collectible coins. If their value drops back to spot, they just an expensive box and an object too small to display. So when I get numismatics, I prefer larger pieces or at least items that are beautiful objects. Like I stopped getting the high premium 2 ounce Czech luon n and have opted to collect the five ounce instead. At least you could display that on your mantelpiece one day you know, because it's a larger object, you can see the design better and its size gives it more presence. Where as a miniscule thing with a train on it, it's superfluous to that dual purpose, it's only appeal us as a collector coin. So I'm getting bugger sizes and always opt for beautiful things above the nerdy and niche. I didn't even continue collecting the Perth Mint one ounce gilded and rotating charm this year, such is my commitment to this reevaluatuon of what I purchase.
I wish I would be less emotional about coins. :) A lot of times I just order a coin because I love the design. Just this one, just this one, just this one. That's how I ended up with a collection I never wanted to have. :)
Hallo Peter, keine Sorge, noch kann ich mich nicht davon trennen. Ich habe mir nur Gedanken darüber gemacht, wie es aussieht, wenn ich irgendwann mal verkaufen möchte oder muss. Mein Fokus ist klar auf Bullion, aber ein kleiner Sammler steckt auch in mir. 😆 Schönes Wochenende!
@@AustrianStacker Sehr gut, sonst wäre wieder ein Stacker weniger, und was den Verkauf angeht mach ich mir keine große Sorgen, denn es sind doch viele jungen Leute die Edelmetalle kaufen dazugekommen 😉👍🏻 Dir auch ein schönes Wochenende
I love your collection of collector coins and all. I for now, have had to step back from collecting. I just purchase 90 % change now. Great video. Thank you.
I would love to buy constitutional silver but the constitutional silver we have here also got very expensive. We could buy 1 Corona silver coins for spot in the past now they sell for spot +20%. That's crazy. Have a great day Jeni!
Deswegen kaufe Ich nurnoch Barren ab 100g und sonst Vreneli. Aktuell kaufe Ich nicht so viel Edelmetalle, weil Ich schon viel habe, und eher in Richtung Aktien, Kryptos, Immobilien gehe seit 2022 schon. Aber kenne das selber mam kauft Kollektionen, die schön sind, aber leider hat man dann ein Wertverlust oft leider :(. Aber schön sind sie trotzdem 😊 Habe auch ehrlich gesagt teilweise Gold verkauft und warte auf eine Korrektion :). Ich verstehe deine Ansicht so Sammlermünzen sind echt eine Sucht ;), aber gibt schlimmere Sachen. Schönes Wochenende lg
Immobilien sind prinzipiell super, aber im Moment ist nicht die Zeit dafür imho. Krypto widerspricht meiner Überzeugung, nur existierende Dinge zu kaufen. 😆
@@AustrianStacker Immobilien würde Ich jetzt auch net kaufen, aber halt weiterbilden in den Bereich. Krypto ist eher müll, aber es gibt gute Projekte, auch welche die das Prinzip von Edelmetalle befolgen, mit einen begrenzten Angebot 😅.Und leider ist es nun mal die Zukunft, deswegen sollte man sich damit bissle beschäftigen. Aber gold und Silber ist trotzdem immer eine gute Investition
Again a new word "flummoxed". :) I bought most of my silver for €14-€16. I will keep it. I am thinking about selling some of my high premium coins as long as I can find someone willing to pay more than spot for them. Have a great day!
It's all very beautiful stuff and I have to try hard not to get into a habit of buying it. Its too hard to sell much above spot and it's way too easy to lose money on it. Its a shame because its beautiful and gives you a lift to open the package when it arrives. Plain old low premium bullion is best to buy if you want to avoid losing when you sell.
@@AustrianStacker Yeah, it's sad. The same goes for classic cars. Baby boomers spend a ton of money on the muscle cars from the 70s and 80s but when the baby boomers are all very old or dead these very valuable cars won't mean much to the next generation and the price will plumet. I've spent a ton of money on various collections over the years and would be very lucky to get even half of that back now. It's sad but that's how it goes. Thanks for your videos Austrian stacker. I love to watch them. All the best from Australia.
Too late. I already sent a second set of stickers. It's crazy. 4 of the last 6 letters sent to the US disappeared. I talked to a guy in my post office. He said that they receive a lot of complaints recently. I hope it just takes longer...
@@AustrianStacker i like the San Marino ones, never seen them before. But try to avoid the higher premium coins. Stack-buy the metal not the box. Colect-buy what you like!
It sounds like you are a collector… you can be a stacker and collector…. As far as selling goes, that will be for my kids and grandkids to figure out when my life is no longer here. As for profit, in thirty years, if you sold those for spot, you would likely make a profit as the world currencies will fall in value due to inflation. There are billions of people in this world… there would be a handful who would love to pay. The problem is exposure. How do we find the right people and give them the opportunity.
No it doesn't sound like that. :) The exposure topic is an interesting one. That's why it is so important that people do not just focus on their own country/region. The more international our community is the better for us. Have a great day my friend. Take care!
@@AustrianStacker Yes! Exposure is EVERYTHING!!! There are BILLIONS of people on this earth....There are at least a handful willing to pay for most things if the opportunity were in front of them.
That's one of the shortest but most meaningful comments. :) You nailed it. Spot is the important factor. I bought most of my silver for €14 - €16 (incl. 25% VAT!!!). That was cheap enough to get my money back one day but high premium stuff will definitely be hard to sell with a profit.
@@AustrianStacker My spreadsheets have a built in conversion of my costs to today's dollars using a table of CPI data, which is updated annually. For example, in 1973 I bought a $10 Olympic coin containing 1.44 ounces of silver at the bank for the face value of CDN$10. Today that 1.44 ounces is worth CDN$57.95. Many would say they made CDN$47.95, (the government would say that). But when that $10 is converted to today's devalued currency, it is CDN$57.10. The real profit is CDN$0.85 if you can get spot. Bullion dealers here currently pay about 97% of spot and coin dealers even less. My silver coin collection evaluated as bullion silver has risen 58.43% over what I paid but when inflation is considered, the increase is only 14.80%. At least it has kept up with inflation. On the other hand, my gold coin collection evaluated the same way has increased 80.38%, raw profit and 53.95% actual profit. Beating inflation enough to be considered an investment, though my motivation has been the fun of collecting. @AustrianStacker Meine Tabellenkalkulationen haben eine integrierte Umrechnung meiner Kosten in heutige Dollar mithilfe einer Tabelle mit CPI-Daten, die jährlich aktualisiert wird. 1973 kaufte ich beispielsweise bei der Bank eine 10-Dollar-Olympiamünze mit 1,44 Unzen Silber zum Nennwert von 10 kanadischen Dollar. Heute sind diese 1,44 Unzen 57,95 kanadische Dollar wert. Viele würden sagen, sie hätten 47,95 kanadische Dollar verdient (die Regierung würde das sagen). Aber wenn man diese 10 Dollar in die heutige abgewertete Währung umrechnet, sind es 57,10 kanadische Dollar. Der tatsächliche Gewinn beträgt 0,85 kanadische Dollar, wenn man den Spotpreis bekommt. Edelmetallhändler zahlen hier derzeit etwa 97 % des Spotpreises und Münzhändler sogar noch weniger. Meine Silbermünzensammlung, bewertet als Silberbarren, ist gegenüber dem, was ich bezahlt habe, um 58,43 % gestiegen, aber wenn man die Inflation berücksichtigt, beträgt der Anstieg nur 14,80 %. Zumindest hat sie mit der Inflation Schritt gehalten. Andererseits hat meine Goldmünzensammlung bei gleicher Bewertung 80,38 % Rohgewinn und 53,95 % tatsächlichen Gewinn zugelegt. Damit ist sie höher als die Inflation und kann als Investition betrachtet werden, obwohl meine Motivation der Spaß am Sammeln war.
My plan (if SHTF doesn’t force my hand) is to sell it a little bit at a time upon retirement….whatever I don’t sell goes to my stepdaughter upon my return to dust
I am working on a retirement plan as well but I came to the conclusion that I should sell my silver before I get retired. It takes some time to sell silver without a loss here in Austria. Gold is very liquid.
I think gen Z does collect stuff. Just not stuff with big value. I think I'm technically at the very beginning of gen Z however I don't like buying virtual things. I think others in gen Z buy a lot of virtual things they will never truly own.
@@AustrianStacker Coin Collectibles Market its worth about 30 billion, the sneaker grove up to 100 billion in last years XD you just collecting wrong stuff! diversification bro diversification!
I think Gen Z still collects, but different things. I think moving into precious metals happens later in life for most people. I reckon the same thing will happen with the next generation too. I’ll probably sell back to a bullion dealer in 20 years, who will turn on sell to the next generation of collectors.
Fantastic topic! Collecting brings personal joy. I accept that when I am gone, the chances are small that someone will buy my collections with the same passion and appreciation as I had. Therefore, I automatically assume the best likely price is spot for my semi-numismatic and collectables, and melt price for my circulated coins. I hope that when my family or I sell, that spot price is higher than the original premium price I paid. @Austrian Stacker; please send your new Austrian Collector sticker when they arrive.🤣
Watch my next short video… 😉
Beautiful coins! No worries my friend we are all collectors. Thanks for sharing these beautiful collections.
NOOOOOOO! I am Austrian Stacker not Austrian Coll... I do not even want to say that. Have a great day my friend.
@@AustrianStacker 😁
Hello. New stacker, here. Thank you for sharing some of your collection, and for the interesting question about potential sale of such lovely and relatively pricey pieces. Who would buy it? I am just at 2 years of stacking and recently found myself gravitating towards vintage silver bars, mostly 1toz each but WOW it adds up fast--the stack and the premiums. There is one coin shop about 30min from me who appears to buy and sell a lot of vintage and art, high premium bars, rounds, coins. If I ever needed to sell, they seem like a viable place. I say buy and trade within your means especially if it makes you happy and would continue to bring some kind of happiness for a long time, unless you like selling, flipping bullion too. Trading is fun, too. As for generational differences in collecting and stacking, general numismatic interests, I can speak only about what I know in the USA particularly in the Midwest. The Costo phenomenon is still kind of new and interesting to me, as I am not a Costco member but have considered it recently, simply for the bullion deals they have. My gut tells me that there will always be collectors and stackers. I will have a lot more to share about collecting and selling after this year's ANA World Fair of Money conference in Rosemont, IL, USA, August 6-10. Anyone else going? Stack on!
Hello "New Stacker"! Thanks for watching my video. I am glad you liked it. One of the most interesting things is how different the precious metal, coin and bullion markets are. One example: We don't have silver rounds (I wish we would because I love US silver rounds). We just have coins with a face value because silver with a weight of 1oz and more would have to be hallmarked. We collect totally different coins than you in the US. Sorry to say but nobody cares about superhero coins here. You would never ever get more than spot for high premium superhero coins. Also we have VAT on silver. That makes silver even less attractive for a lot of people. I imported most of my silver from Estonia which was the last EU country without VAT on silver but that's also over. I wish you all the best for your stacking journey. Please keep me and the community posted. :) Greetings from AUSTRIA!
This is a concern for those who actually do want to sell and realize a return one day. Selling collectibles is difficult even when you buy the right coins but almost a guaranteed loss if you choose poorly, and there’s a lot of crap out that that won’t hold its value. I’ve already started liquidating the coins I don’t want from my collection and that’s working out pretty well for me, I’d say don’t wait, turn and burn as quickly as possible and put that money back to something you can feel confident about! Maybe I’ll do a little follow up on this topic in my next video if I ever get around to making more content lol I know the struggle well. Thanks AS!
You mentioned a good point: Liquidating the coins you don't want from your collection. I am in exactly the same situation. I am thinking about what to keep and what I should better sell as long as I can get my money back.
Hey, AS 👍
I've recently had the same line of thinking.
I have sold some of my collection a few things here and there to my LCS in the past few years.
However, I have managed to just buy more collectable coin, ( Dragons 🐉) thanks alot 🤷
With all kidding aside I'm just enjoying what I've collected at least for now, and who knows I may just decide to liquidate them in a year or two.
Lord willing 🙏
Take care my friend and have a great weekend.
I'm going to a coin show today, can't wait 😎🐉
I have trouble thinking about liquidating my collectable coins. I don’t think I’ll ever get what I paid for them.
@@CashAndCoinsYT I’ve made a bit of a profit on some of the things I’ve sold and a few things I’ve broken even.
I’ve only taken a loss on of the one coin I sold last year, but nothing major.
But I used that money towards something else.
@@bullionaddict9164 if you want. Teach me how. Email me? Thanks.
I hope that I never have to sell my whole collection but I am thinking about selling a part of it. Simply because I don't like it so much that I want to keep it forever. How was the coin show? I wish we would have coin shows here in Austria.
@AustrianStacker I completely understand regarding wanting to sell some of your collection.
As a collector and as a Stacker, sometimes we get tired of certain things we have, or we're simply are over the excitement and the joy of a particular part of our collection initially gave us and we feel it's time to move on in a different direction so we sell something and put that money towards something new and shiny.
The coin show was great, I always look forward to them.
There is a convention center not too far from where I live that has a show in February, June, and at the beginning of October.
I always stash away some cash each time I get paid that I use towards my purchases at the coin show.
Hey been awhile since you released a full video on coins. Thanks AS. And yes! you’re definitely a collector LOL 😂✌🏻
I was traveling a lot recently. I have no idea how you manage to upload videos while you're traveling but I am simply too tired and go to bed early. You need to tell me your secret. I mean your videos are always meaningful even if you're traveling and busy. I am struggling with creating meaningful content even after a 2 weeks vacation. :)
@@AustrianStacker well…I try to create content whenever I have a break. I only upload shorts from my phone. Longer videos need more work so I edit them when I’m home on my computer. You’re right, its hard work…
I know combatting jet lag can be challenging. Always stay hydrated and sleep if you need to. No point pushing yourself. Cheers AS and safe travels 😊✌🏻
Salutations fellow stacker! I must admit the same thing is happening to me as a stacker. I am starting to drift into that collector classification. I don't have the resources most have as I am on disability and a fixed income. I started stacking about 2 years ago now. Since then I have found myself not buying a tube of this or multiples of that, but rather one or two of these and one or two of those, simply because I don't have that particular round or bar. Admitting we have a problem is supposedly the first step to the cure, but I'm fine with having this affliction. LMAO! Ultimately, you do what makes you happy my friend. As far as selling my stack, I have no plans to do so. Unless I need to I will have my stack till the end. Best wishes from the US, take care my friend.
I admit I have a problem. Let’s go and join a collectors anonymous group. 😆
Good question 😊🤔🤷♂️❤❤
I have a lot of good questions but never good answers. 😂
Hello. Interesting topic. I have the same opinion about it. Collecting and Investing are different disciplines, and the market price is determined a lot by the popularity of the focus, which can change significantly over the decades. High prices for collectibles already at the time of acquisition are, in my opinion, an investment risk. I think that profit is made when buying - expecting a high appreciation in the future smacks of speculation. Take my comment with a grain of salt, I'm a big fan of yours. Have a great day.
Thank you so much for your kind words. I assume you are from the city with the best beer in the world? :) You are 100% right. It was a shock for me. I did not realise how much I am already into collecting. I first stopped buying silver and then also gold because of the high premiums and crazy spot prices. At the same time I bought a few collectibles. At least I thought it was just a few. Great to have them, don't get me wrong. I enjoy the beauty of these coins but I am sure that I would never ever get my money back if I sell them. Thanks for watching and leaving a comment. Have a great day!
@@AustrianStacker Yes, that's right, a city of beer with a camel in the city emblem. I understand the pleasure of beautiful collectibles at a higher premium. Honestly, the longer I'm in the business, the harder it is to resist buying some pieces. I agree that to a limited extent it can also be a certain way of diversifying the collection. You are absolutely right when you say that it should represent rather a smaller fraction of investment items. Have a great day. I look forward to the next video.
No worries, somebody will want some or all of it.
I hope so. 🤞🏼
Most collector silver is speculation and even those coins which present a return on inwestment, mostly present that return in the medium term, whilst the item is hot. Look at queen's beasts prices now, the yield is inexorably falling towards spot. Anyway, so what are numismatics? A fun diversion that you can justify as cost of living. Same can be said for the premiums I'm paying on BU products like Czech like n 'investment' gold and silver. Or backdating my Lunar gold and platinum. I know it's silly, but I don't have any other lifestyle expenses, so whatever, at least my stack is pleasing to the eye. And who knows, maybe the focus on series three Lunars and Czech lions, will pay off thanks to limited mintages and continued collector value.
A lot of good points. So lets continue stacking collectables. :)
I too am in exactly the same situation as you but around 10 years older. I reached my stacking goals about 4 years ago (just before COVID) but like you I have since bought far too many pretty collectible coins. And they are going to be very difficult to sell……. 😞. Really important video - I hope people take note. Thank you!
I am not familiar with the silver market in the UK but considering the product range of the Royal Mint, I think silver is more appreciated there than here. It takes a lot of time to sell silver without a loss here in Austria. That's what makes me think about selling some of my high premium silver coins. My ultimate goal is to have enough gold before I retire. I am not sure if Gen Z will be able to pay my pension one day. Gold plays an important role in my personal financial planning. Thanks for your support and the meaningful comments. Sorry for my late reply. Crazy days at work...
Great topic. Thanks for sharing. Collecting will always be a thing. GenZ just might be collecting debt these days. It’s sad but true. I hope all is and stays well on your end. Very jealous of your office view! Cheers.
I had to work on oil and gas fields all over the world for more than 20 years to have that office view today. 😆 I love the view but it’s hard to concentrate on the work. A lot of young people don’t invest or save money. All that’s important for them is „work-life balance“. I call that lazy. 😆 They sell inherited assets to support their work as little as possible lifestyle. They call themselves the last generation. We call them the lost generation here. Indoctrinated by idiotic far left and far right propaganda. Have a great day my friend!
I think many stackers find themselves a collector one day, just happens, lol! Good topic for the collector stuff- who will buy it n the future. I hear you on the gold, slowed that down myself to wait for a spot price drop. Good to see you AS, glad you made a video!
Hello my friend. Great if you don't buy gold. That means more vintage silver bar videos on your channel. :) I think the gold price will go down significantly the next months. I try to be patient...
I also don't see the point in 1 Oz collectible coins. If their value drops back to spot, they just an expensive box and an object too small to display. So when I get numismatics, I prefer larger pieces or at least items that are beautiful objects. Like I stopped getting the high premium 2 ounce Czech luon n and have opted to collect the five ounce instead. At least you could display that on your mantelpiece one day you know, because it's a larger object, you can see the design better and its size gives it more presence. Where as a miniscule thing with a train on it, it's superfluous to that dual purpose, it's only appeal us as a collector coin. So I'm getting bugger sizes and always opt for beautiful things above the nerdy and niche. I didn't even continue collecting the Perth Mint one ounce gilded and rotating charm this year, such is my commitment to this reevaluatuon of what I purchase.
I wish I would be less emotional about coins. :) A lot of times I just order a coin because I love the design. Just this one, just this one, just this one. That's how I ended up with a collection I never wanted to have. :)
I am jealous of your half ounce lunar dragon set, if I was less disciplined, that would probably be gathering dust in storage somewhere, hahah.
Hallo Austrian Stacker, sehr schöne Sammlung, und die willst du wirklich verkaufen! Das wäre wirklich sehr sehr schade...😢
Hallo Peter, keine Sorge, noch kann ich mich nicht davon trennen. Ich habe mir nur Gedanken darüber gemacht, wie es aussieht, wenn ich irgendwann mal verkaufen möchte oder muss. Mein Fokus ist klar auf Bullion, aber ein kleiner Sammler steckt auch in mir. 😆 Schönes Wochenende!
@@AustrianStacker Sehr gut, sonst wäre wieder ein Stacker weniger, und was den Verkauf angeht mach ich mir keine große Sorgen, denn es sind doch viele jungen Leute die Edelmetalle kaufen dazugekommen 😉👍🏻 Dir auch ein schönes Wochenende
I love your collection of collector coins and all. I for now, have had to step back from collecting. I just purchase 90 % change now. Great video. Thank you.
I would love to buy constitutional silver but the constitutional silver we have here also got very expensive. We could buy 1 Corona silver coins for spot in the past now they sell for spot +20%. That's crazy. Have a great day Jeni!
Deswegen kaufe Ich nurnoch Barren ab 100g und sonst Vreneli. Aktuell kaufe Ich nicht so viel Edelmetalle, weil Ich schon viel habe, und eher in Richtung Aktien, Kryptos, Immobilien gehe seit 2022 schon. Aber kenne das selber mam kauft Kollektionen, die schön sind, aber leider hat man dann ein Wertverlust oft leider :(. Aber schön sind sie trotzdem 😊
Habe auch ehrlich gesagt teilweise Gold verkauft und warte auf eine Korrektion :). Ich verstehe deine Ansicht so Sammlermünzen sind echt eine Sucht ;), aber gibt schlimmere Sachen.
Schönes Wochenende lg
Immobilien sind prinzipiell super, aber im Moment ist nicht die Zeit dafür imho. Krypto widerspricht meiner Überzeugung, nur existierende Dinge zu kaufen. 😆
@@AustrianStacker Immobilien würde Ich jetzt auch net kaufen, aber halt weiterbilden in den Bereich. Krypto ist eher müll, aber es gibt gute Projekte, auch welche die das Prinzip von Edelmetalle befolgen, mit einen begrenzten Angebot 😅.Und leider ist es nun mal die Zukunft, deswegen sollte man sich damit bissle beschäftigen. Aber gold und Silber ist trotzdem immer eine gute Investition
Wow, you have bought a lot of coins there. Good luck.
I was shocked when I realized that I bought all that stuff… 🥴
I’ve given this subject a lot of thought. I remain flummoxed as to what action I should take currently or wait and ride out market conditions.
Cheers
Again a new word "flummoxed". :) I bought most of my silver for €14-€16. I will keep it. I am thinking about selling some of my high premium coins as long as I can find someone willing to pay more than spot for them. Have a great day!
It's all very beautiful stuff and I have to try hard not to get into a habit of buying it. Its too hard to sell much above spot and it's way too easy to lose money on it. Its a shame because its beautiful and gives you a lift to open the package when it arrives. Plain old low premium bullion is best to buy if you want to avoid losing when you sell.
I had the same thoughts. I was shocked when I realized how much of this stuff I have already bought…
@@AustrianStacker Yeah, it's sad. The same goes for classic cars. Baby boomers spend a ton of money on the muscle cars from the 70s and 80s but when the baby boomers are all very old or dead these very valuable cars won't mean much to the next generation and the price will plumet. I've spent a ton of money on various collections over the years and would be very lucky to get even half of that back now. It's sad but that's how it goes. Thanks for your videos Austrian stacker. I love to watch them. All the best from Australia.
@@ozyrob1 Thanks for your kind words. Have a great weekend!
@@AustrianStacker You too mate.
Collecting will always be a thing. Its part of human nature
I agree but I am afraid more and more collectors are running out of money due to the economy.
Great video my friend. Still haven't received anything...no need to send any others
Too late. I already sent a second set of stickers. It's crazy. 4 of the last 6 letters sent to the US disappeared. I talked to a guy in my post office. He said that they receive a lot of complaints recently. I hope it just takes longer...
Very nice, i like these European coins. Dont worry i collect the same as stacking!
Great, then you will buy my collection once I have to sell it. Did I get it right? :)
@@AustrianStacker i like the San Marino ones, never seen them before. But try to avoid the higher premium coins.
Stack-buy the metal not the box.
Colect-buy what you like!
It sounds like you are a collector… you can be a stacker and collector…. As far as selling goes, that will be for my kids and grandkids to figure out when my life is no longer here.
As for profit, in thirty years, if you sold those for spot, you would likely make a profit as the world currencies will fall in value due to inflation.
There are billions of people in this world… there would be a handful who would love to pay. The problem is exposure. How do we find the right people and give them the opportunity.
No it doesn't sound like that. :) The exposure topic is an interesting one. That's why it is so important that people do not just focus on their own country/region. The more international our community is the better for us. Have a great day my friend. Take care!
@@AustrianStacker Yes! Exposure is EVERYTHING!!! There are BILLIONS of people on this earth....There are at least a handful willing to pay for most things if the opportunity were in front of them.
The big question is can you get more than spot. I have bought a lot of "high value" gold coins for spot +2%, so one has to be careful.
That's one of the shortest but most meaningful comments. :) You nailed it. Spot is the important factor. I bought most of my silver for €14 - €16 (incl. 25% VAT!!!). That was cheap enough to get my money back one day but high premium stuff will definitely be hard to sell with a profit.
@@AustrianStacker My spreadsheets have a built in conversion of my costs to today's dollars using a table of CPI data, which is updated annually. For example, in 1973 I bought a $10 Olympic coin containing 1.44 ounces of silver at the bank for the face value of CDN$10. Today that 1.44 ounces is worth CDN$57.95. Many would say they made CDN$47.95, (the government would say that). But when that $10 is converted to today's devalued currency, it is CDN$57.10. The real profit is CDN$0.85 if you can get spot. Bullion dealers here currently pay about 97% of spot and coin dealers even less. My silver coin collection evaluated as bullion silver has risen 58.43% over what I paid but when inflation is considered, the increase is only 14.80%. At least it has kept up with inflation. On the other hand, my gold coin collection evaluated the same way has increased 80.38%, raw profit and 53.95% actual profit. Beating inflation enough to be considered an investment, though my motivation has been the fun of collecting.
@AustrianStacker Meine Tabellenkalkulationen haben eine integrierte Umrechnung meiner Kosten in heutige Dollar mithilfe einer Tabelle mit CPI-Daten, die jährlich aktualisiert wird. 1973 kaufte ich beispielsweise bei der Bank eine 10-Dollar-Olympiamünze mit 1,44 Unzen Silber zum Nennwert von 10 kanadischen Dollar. Heute sind diese 1,44 Unzen 57,95 kanadische Dollar wert. Viele würden sagen, sie hätten 47,95 kanadische Dollar verdient (die Regierung würde das sagen). Aber wenn man diese 10 Dollar in die heutige abgewertete Währung umrechnet, sind es 57,10 kanadische Dollar. Der tatsächliche Gewinn beträgt 0,85 kanadische Dollar, wenn man den Spotpreis bekommt. Edelmetallhändler zahlen hier derzeit etwa 97 % des Spotpreises und Münzhändler sogar noch weniger. Meine Silbermünzensammlung, bewertet als Silberbarren, ist gegenüber dem, was ich bezahlt habe, um 58,43 % gestiegen, aber wenn man die Inflation berücksichtigt, beträgt der Anstieg nur 14,80 %. Zumindest hat sie mit der Inflation Schritt gehalten. Andererseits hat meine Goldmünzensammlung bei gleicher Bewertung 80,38 % Rohgewinn und 53,95 % tatsächlichen Gewinn zugelegt. Damit ist sie höher als die Inflation und kann als Investition betrachtet werden, obwohl meine Motivation der Spaß am Sammeln war.
My plan (if SHTF doesn’t force my hand) is to sell it a little bit at a time upon retirement….whatever I don’t sell goes to my stepdaughter upon my return to dust
I am working on a retirement plan as well but I came to the conclusion that I should sell my silver before I get retired. It takes some time to sell silver without a loss here in Austria. Gold is very liquid.
Got your package, video coming soon
🥳🥳🥳
I think gen Z does collect stuff. Just not stuff with big value. I think I'm technically at the very beginning of gen Z however I don't like buying virtual things. I think others in gen Z buy a lot of virtual things they will never truly own.
Interesting. I didn't think about "virtual things". Good food for thought.
So many boxes 📦 and cards 🎴 🤔 I guess I have some but not many. I worry about buying collector items because I’m not a good salesman. Keep buying gold
My focus is on gold but I think the gold prices will go down to a more reasonable level very soon. I will start buying again then. I hope I am right.
Great video! 👍
Danke! 🇦🇹
They collect sneakers the coin compare to some of sneakers are a cheap stuff!
Interesting. Who will buy their sneakers? 🤔😆
@@AustrianStacker Coin Collectibles Market its worth about 30 billion, the sneaker grove up to 100 billion in last years XD you just collecting wrong stuff! diversification bro diversification!
@@CarPhotos Sorry but that’s a market for a generation that just exists to create social media content. I will definitely not follow that trend. 😆
I think Gen Z still collects, but different things. I think moving into precious metals happens later in life for most people. I reckon the same thing will happen with the next generation too. I’ll probably sell back to a bullion dealer in 20 years, who will turn on sell to the next generation of collectors.