Coin Community Family of Web Sites
Like us on Facebook! Subscribe to our Youtube Channel! Check out our Twitter! Check out our Pinterest!
Username:
Password:
Save Password
Forgot your Password?

Welcome Guest! Need help? Got a question? Inherit some coins?
Our coin forum is completely free! Register Now!

Junk Silver Hoarding

 
Previous Page
 
To participate in the forum you must log in or register.
Author Previous Topic Topic Next Topic
Page: of 4
New Member
37 Posts
 Posted 10/18/2019  11:39 am  Show Profile   Bookmark this reply Add Kotsr to your friends list Get a Link to this Reply
Yea I don't understand why you got out especially semiconductors, if you left it in, it probably has exploded in value since then, pretty typical of a panic move
Pillar of the Community
United States
895 Posts
 Posted 10/20/2019  10:49 am  Show Profile   Bookmark this reply Add thisistheshow to your friends list Get a Link to this Reply
JacksinPA I have read your comments with interest as well as the responses. I am very limited financially, but I own silver as well as stock. Years of reading has led me to believe both are good to hold.

Good luck!
Pillar of the Community
Canada
3680 Posts
 Posted 10/22/2019  07:56 am  Show Profile   Check Libertad's eCrater Listings Bookmark this reply Add Libertad to your friends list Get a Link to this Reply

Quote:
Dumb question: I am amassing a lot of silver but the point that I've found little discussion on is what to do in the hope that the SHTF. This country has gone through periodic depressions, the most recent being in 1929. I lost a lot of money in the dot.com stock market bubble in 2001 & with the market at all time highs & a loose cannon running the country I have to agree with the numerous sources that are predicting an economic collapse at any time. So what do I do other than wait to see what develops? Just be content with having a very heavy investment?


If STHF, what are you doing with piddily little dimes? Nobody is going to want that. Remember that in emergencies FOOD and WATER are the number one priorities, not metals.

For me, personally, my bullion is a pure commodity and I transform it into other shapes if I need to, so I'm not sitting on an investment but on raw material. If you're so worried about SHTF then forget about silver; start stacking canned food and water containers. Now, say that you had all of that food stashed away for an emergency: are you actually going to start trading your food source for silver dimes? C'mon now, that's silly.


Quote:
I still have not gotten a response to my earlier post asking what the value of a dime was both before and after October 1929. Even in just a barter situation, silver that is recognizable as real money ( Roosevelt dimes & Liberty quarters) will still be worth a tank of gas or a loaf of bread.

Well if that's the case, are you forgetting that silver was still in circulation at that point? And what happened a few years later? Gold was pulled out of circulation. To rehash an old talking point: what kid is going to know the difference between a silver coin and clad coin? The debased coin usurped the silver generations ago using the same coin design.
Edited by Libertad
10/22/2019 08:05 am
New Member
United States
30 Posts
 Posted 10/24/2019  2:08 pm  Show Profile   Bookmark this reply Add JacksinPA to your friends list Get a Link to this Reply
I completed my stack & squirreled it away with my wife's help: 72 dime rolls & 12 quarter rolls. I get an estimate of value at $6,275. Weight about 32 pounds of 90% silver. It was fun putting it together but now on to Carson City $10 gold coins made from Comstock Lode gold.
New Member
37 Posts
 Posted 10/25/2019  12:32 am  Show Profile   Bookmark this reply Add Kotsr to your friends list Get a Link to this Reply
Rather have pallets of Jack Daniels than $10 gold pieces
Pillar of the Community
United States
3798 Posts
 Posted 10/25/2019  06:09 am  Show Profile   Bookmark this reply Add fistfulladirt to your friends list Get a Link to this Reply

Quote:
Rather have pallets of Jack Daniels than $10 gold pieces
I'd rather have both!
When I listen to LED ZEPPELIN...so do my neighbors...
Roll hunting since '77
Dirt fishing since '72
Page: of 4 Previous Topic Topic Next Topic  
 
To participate in the forum you must log in or register.

Coin Community Member eBay Sales

Certified Coins   Certified VAMs   Certified Errors  




Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2019 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use

Coin Community Forum © 2005 - 2019 Coin Community Forums
It took 1.31 seconds to rattle this change. Powered By: Snitz Forums 2000 Version 3.4.05