Numismatic Silver

My thoughts on numismatic (currency coin form) silver and a look at part of my collection.

Please check out crabbydogtrix, aka Charlie. Excellent "advanced level" economic collapse channel. Not necessarily best for the "freshly awake" (try VisionVictory for that!) but if you haven't watched his stuff, please do:
http://www.youtube.com/user/crabbydogtrix

And welcome back John (stellaconcepts)! :)

Category:

Education

Tags:

• silver
• collection
• numismatic
• junk
• porn
• coin
• premium
• crabbydogtrix

[kfrogs13lover]

there is only 1 problem with numis. silver

in the states there is a law that prohibits the melting down of US coins because the metal value of pennies and nickels are higher than the face value of the coin.

law in effect since 2006

[drutter]

Yeah well there's a law against going more than 30mph on most streets, too. ;)

[qminusis]

Check out the Swiss coins e.g. 5 Francs before 1967. They contain 12.5 grams of silver and you pay about 6 or 7 bucks for it. And they have still the nominal value.

[drutter]

Cool, thanks for the tip qminusis, I'll have a look for some of those. :)

[Milt0nBradley]

ahh yes cheap silver is good silver... gives us all the chance to stack that much more :)

[medulalumosa9]

Great info! By far my collection is dominated by 999 fine. I do have some junk silver, like you said, for the "total collapse" senerio where you'd have to use it to buy food basics. -But then, if you live in the US or UK, you have to consider that the total collapse is a definite possibility (perhaps greater probability than other nations). So, it'd definitely pay for those citizens to carry a nice sized collection of "junk" silver I believe. SouthernLiberty is a great person to check out here.

[soumangue]

Great video Drutter...I am huge fan of numismatic silver..Thanks for adding value!

[DunbarConfederalist]

I found a couple of silver quarters when I was working as a cashier at Tims. Safe to say they accidentally ended up in my pocket.

[Excidium567]

TO ALL - I have a theory on the potential of Numismatics that I have shared in my most recent video "Numismatic silver vs silver bullion" And I want to hear what other people think about it.

So anyone who would visit my video and give me your thoughts on it I would really appreciate the feed back, cheers.

[kfrogs13lover]

haha yes but you cant disagree that the law does create a problem when you are collectiing numismatic/junk silver.

i stick mostly to cheaper 1 ounce rounds and some government issued rounds

[odinmage]

Late comment, but about your mention of impatience. I just want to add, we once had silver money, they are trying to trick us out of it yet again. Silver going down is local currency (USD) going up, and vice-versa. All currencies fail. If you've bought silver, you've lost lost nothing in purchasing power.

[solojam]

me too i can put away a few grand and just let it sit, if it goes way lower i'll just buy a few more grand, no biggie

[sizzlot]

Regarding negativity and impatience: Silver (and gold) is real money. It's a store of wealth to keep from getting screwed by inflation. Will Rogers once said, "Im not so much interested in the return on my money as I am the return of my capital."