Agree, my fear is not "so much" of a total SHTF scenario, although it could happen, but that gold and silver could fall back in-line with inflation for the past 20 years. Then they "should be worth" in the $500 (gold) and $8 (silver) range. (inflation adjusted) Of course you could argue the same for equities, real estate, etc.When I purchased my house it was under $300,000 in the early 2000's, its now worth $1.3M. That is pretty scary too.
Lol but you might need gas or medicine and hope the person trading that to you using the gold or silver i gave you, does not think the same way...If inflation creates a problem for buying food and you have gold or silver to buy food from me who has saved food instead of gold then we might strike a deal. But you aren't going to like my terms as you become increasingly hungry.
Cheers!
I would imagine someone who stacks metals would also stack some of the items concurrently because it would be in line with having a little preparedness personality. I met someone the other day that was a refugee from a country oversees that stocks two years worth of food because of her prior obviously traumatic experience.
One thing to keep in mind as a prospective eBay seller of slower moving coins is that it's likely you probably won't get the prices you're routinely seeing, even if you limit your research to sold listings. EBay is crowded with coin sellers, and they're pretty sly; they do shill transactions that appear in the completed auctions. If you create a low starting price auction, be prepared to get a much lower price than what you're seeing in completed auctions.
Please tell us when these things happen. But don't tell anyone else!
I had to think about this for a few seconds.... 25 raw gold coins (if 1oz AGE's) are only worth ~50k today and are basically untraceable. So hard to prove he stole them. So I'm guessing these were older collectable gold coins (pre 1930's)" and "probably" certified. (Certified coins have serial #'s and are traceable.) If so, this guy was not only a thief but very stupid.
YesCollectibles can be worth a pretty penny...grandmother gave me a couple of circulated numismatic gold coins both in an envelope together.
I sent both out to be graded via my local coin shop.
One was just worth the bullion content, the other came back slabbed & graded high enough to be worth several thousand bucks.
I will always wonder if the latter would have graded even higher if it hadn't been clanking against that other coin for the last several decades,
And then we have the wise people who polish coins.I will always wonder if the latter would have graded even higher if it hadn't been clanking against that other coin for the last several decades,
And then we have the wise people who polish coins.
They are the best looking gold coins minted in the world, IMO. The problem is, they are 24k gold and can be scratched/marred very easily. Most other world gold coins are 22k and much more durable. Of course not many people are going to be handling them much anyway, but still. Just handle them with extra care.
