40% or 90% silver coins? Gold ? too

Familiarity could be part of the issue. If the public at large does not know what a kruggerand is then they have no way of decerning it's value. I may become difficult to trade them with a sceptic.

I've done thinking on this matter for some time now and recently purchased some silver minted not 30 miles away @ Northwest Territorial Mint. I have considered junk silver but junk silver is numismatic which carries with it another kind of value as old junk silver coins are antiques. Though quality of the coins will likely be pour due to circulation. I haven't been able to determine if junk silver is worth the effort. Consider what one would have to do to melt them down and actually extract the silver and consider that you can buy .9999 pure silver nugget bullion.

At this point it seems the only thing really pertinant is the weight itself. So where does that leave us. Well i don't know about you but at this point i'm trying to figure out what money is.

For the time being though i'd get more expert information on numismatic coins. I wouldn't go tht route myself. I'd just buy pure nuggets of both gold and silver and a good quality scale.

Another precious metal worth keeping an eye on is Palladium. It is more rare than gold but there's other things effecting it's value. Wether those forces will persist remains to be seen.

If your looking for any kind of deal you can find and don't care if it's numismatic or not then you have to look at antique german marks and nazi stamped bullion. If you can get past the symbalizm you get these cheaper than other coins and BU because so many others cannot. In fact i am one of those people.

For worldwide acceptance I hear Suisse credit is the way to go. When i weight all these things against one another. I think locally, I think purity, and think convienance. So for me the formula i think is nuggets, a good scale, and bullion bars and NWT mint.

Here's a good place to buy... http://www.apmex.com/

Any financial advisor will tell you to diversify. If you put all of your investment into Krugerrands, how are you going to make a small purchase?

The smart thing is to have a little of each. US junk silver (pre 1965 dimes, quarters and halves) are the best deal in silver. Everyone knows what they are. Silver bars are not recognized by most people.

Recognizeable gold coins like Krugerrands, US Eagles and Canadian Maple Leafs are the best thing for larger amounts of money.

You can buy less than a whole bag ($1000 face) junk silver. Buy whatever you can afford. But don't put all your eggs in one basket. Get an assortment.

I'm not a gold bug (yet)

What I dont know is:

1. how does one buy gold?
2. I was reading about the great depression and how gold was outlawed and confiscated - what makes you think that wouldn't happen again if the dollar s&*@ the bed?
3. how would you protect your gold in order to keep it
4. finally, lets say the dollar did crash, how would you convert gold in order to use it's value?

for the gold ?

i recommend buying only for the melt value of the coins, forget about numismatics. if you need these coins, it'll be because we're in some deep trouble and cold, hard cash (i.e. silver coins) will be all that matter.

I was thinking 90% pre '65 halfs, quarters, dimes would be the first used plus the american eagles then silver rounds. The eagles are easy to resell.

who sang the song?

HYDROMANWrong buckwheat! get the older morgan /peace dollars in G-VG condition. they have the higher silver contient (more $ per Lbs.) and will always have a slight numismatic value when things get better and everyone else melts their silver dollars to pay their mortgage.

honorguard?