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As far as how would precious metals be used to acquire anything if a paper currency fails (and lets not restrict ourselves to the US $ here) the concept is that before central governments thought up the idea of paper currency precious metals (and other commodities) have been recognized as a "store of value" throughout history, and around the world. Look to Weimar Germany with it's astronomical inflation rate in the post WW1 era, when entire city blocks changed hands for a few pieces of gold. I would never try to cheerlead anyone into doing something with their resources that they are not inclined to do, but the idea that gold/silver/etc are "worthless" is belied by several thousand years of human history. They have always carried value.
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#3
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When I started to buy a little gold, there was a sharp irreconcilable difference of opinion on whether it was best to buy bullion/modern coins with essentially no premium to the metal price or to buy the pre-1933 coins. Many of the opinions, oddly, seemed to align with what the authors were selling. But I never got to anything like a consensus. All that said, the pre-1933 $20 gold pieces even in nice grade sell for a relatively low premium to the melt price compared to the fractionals, and they are beautiful.
Some of the silver coins are beautiful too but of course there the value is nearly all numismatic.
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My avatar is a sketch by my son who is an art school graduate. Some of his sketches and paintings are at https://www.jamesspaethartwork.com/ He is available to do custom drawings in graphite, charcoal and other media. He also sells some of his works as note cards/greeting cards on Etsy under JamesSpaethArt. Last edited by Peter_Spaeth; 06-17-2019 at 04:52 PM. |
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I’m hanging on to my sterling silverware, even though it is more difficult to stack than coins.
I haven’t found anyone who will grade my f**ks.
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FRANK:BUR:KETT - RAUCOUS SPORTS CARD FORUM MEMBER AND MONSTER NUMBER FATHER. GOOD FOR THE HOBBY AND THE FORUM WITH A VAULT IN AN UNDISCLOSED LOCATION FILLED WITH NON-FUNGIBLES 274/1000 Monster Number Nearly*1000* successful B/S/T transactions completed in 2012-24. Over 680 sales with satisfied Board members served. If you want fries with your order, just speak up. Thank you all. Now nearly PQ. Last edited by frankbmd; 06-17-2019 at 07:37 PM. |
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They say that centuries ago the rich were less likely to get the plague because of the silverware that they used. I guess there are healing properties in silver? As a doctor, have you ever heard that?
Last edited by vintagetoppsguy; 06-18-2019 at 05:45 AM. |
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[QUOTE=vintagetoppsguy;1890023]
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FRANK:BUR:KETT - RAUCOUS SPORTS CARD FORUM MEMBER AND MONSTER NUMBER FATHER. GOOD FOR THE HOBBY AND THE FORUM WITH A VAULT IN AN UNDISCLOSED LOCATION FILLED WITH NON-FUNGIBLES 274/1000 Monster Number Nearly*1000* successful B/S/T transactions completed in 2012-24. Over 680 sales with satisfied Board members served. If you want fries with your order, just speak up. Thank you all. Now nearly PQ. |
#7
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volvos are among the safest cars on the road.
volvos require premium unleaded gas. buy premium unleaded gas and you will be less likely to be hurt in an accident. |
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