Skip to main content
Message Font: Serif | Sans-Serif
 
No. of Recommendations: 0
Although many investors buy junk silver coins as bullion investments, other investors buy junk US silver coins for "survival purposes."

The value of a dime from 1964 or before, is now worth more than a dollar these days. However, almost all pre-1964 silver currency has been pulled from circulation.

There was an interesting debate on a rare coin message board I belong to about which would be the better have (in a depression scenario), gold or silver bullion. Many people thought silver because it would be easier to many multiple smaller transactions, whereas gold could only be used to buy larger items.

Historically speaking, the "gold isn't a currency" doesn't hold that much weight to me. Gold has been used as a currency for thousands of years, whereas paper money and electronic money have only been considered legitimate in the past 100 years.
Print the post  

Announcements

When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.