My small, but growing stack:
I started stacking some silver bullions after I got my Steem coins ( warned me that buying silver could be addictive, he was right).
The main reason is that I think this is a good time to buy silver, as the silver price is pretty low.
I think it is possible that 2018 (Year of the Dog) could be a very good year for silver.
Year of the Dog is also my own year (born in 1982), so looking really forward to 2018. Next Year of the Dog is then in 2030. Who knows how much Bitcoin is worth then (0 - $100 millions is my best guess).
Last time I bought silver was just before the parabolic rise in 2011 (up to $50/ oz).
I like this visual presentation of how small the physical silver market really is:
So why bullions?
Last time I bought physical silver at BullionVault, ETNs and ETFs.
My main argument is that is find these silver coins really beautiful, and it is a good feeling to have some tangible assets too.
The numismatic value can actually increase quite a lot if you buy the right coins.
Buying strategy:
I will only buy 1 oz bullion standard silver coins (for now).
I am a very metaphysical, and I will only buy silver coins that have a personal meaning to me.
Steem coins is a no brainer of course: Huge personal meaning!
I am also very into thinks like the Chinese Zodiac, and it is pretty cool that there is such a wide variety of lunar series.
Thus, I am going to collect all the relevant lunar series out there.
Current hodlings:
5 Steem
Perth Mint Lunar Series
3 2018 Year of the dog
4 2017 Year of the rooster
Royal Mint Lunar Series (Complete)
4 2018 Year of the dog
4 2017 Year of the rooster
4 2016 Year of the monkey
3 2015 Year of the sheep
3 2014 Year of the horse
Silver Shield Lunar Series (Minimintage, 1513 coins)
10 2017 Year of the rooster
5 Maple Leafs
I have also ordered the first mintage of the Rwanda lunar series from Apmex.
The design looks absolutely fantastic!
Thor is my favourite God (the destroyer archetype):
I am looking forward to the update from on the 2018 Steem mintage.
What about printing 1 Steem on the Steem coins, and we could use it as a legal tender between physical Steemians?
Then, I could theoretically save 25% VAT (no VAT on legal tender coins).
If I am going to sell some coins in the future I will only take Steem or SBD as a payment:)
I also love the development at #steemsilvergold. That is the perfect example on value added by the community at Steemit!
The sky is the limit (build a decentralized silver exchange etc…?)!
I am still a silver collector noob, so If you seasoned collectors have some buying tips I would gladly hear them.