Saving and even stockpiling coins are one way to build a repository for use if a survival situation arises where our normal currency routines are disrupted or even destroyed.
Because each coin has a tangible value, unlike paper money, setting a price and gauging what you have in your possession is easy.
Almost everyone saves coins in one way, shape or form and virtually everyone also has coins sitting in a jar at home. In fact, most of us have sorted through them and determined the value of our stockpile already.
Despite saving coins for a survival situation, a larger question is if the government broke down and laws against destroying currency no longer applied, is it better to keep them in coin form or melt and separate them into their individual metal components?
What do you think? Please let us know in the comments.
wow that’s dumb!
Go buy food, med supplies and/or ammo….
Nancy Hill
Value is in the eyes of the beholder. You can’t eat silver or gold, and it has no other use besides money. Look at it this way; how mush has silver gone up in 20 years, vs 22Lr ammo? If you’d have dumped $10,000 into 22 ammo 10 years ago, what would your return be? And you’d be able to use it if SHF.
I’ll be melting anything down for ammunition
I might be crazy, but I actually hope SHTF. The current and hopelessly perpetual zombie Apocalypse that is commonly referred to as “society” or “civilization” could well and go as far as I’m concerned. Anything that promotes an idea of capitalism, or reconstruction of such institutions in the post-future is wrong. I feel that subsistence living, communities are the goal, not despots deemed as Gods the same old story since the first “civilization”
The actual amount of precious metal in coins now days is nil. Not worth saving unless you plan on forging your own bullets.