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<p>[QUOTE="ToughCOINS, post: 2733032, member: 20480"]I started with bar silver back in high school, and eventually moved over to gold by the early 90's.</p><p><br /></p><p>I prefer gold in classic coinage because tungsten, which at nearly the same density as gold, and at little more than $1 per ounce leaves too much incentive for counterfeiters to make deceptive bars and rounds. </p><p><br /></p><p>Classic coinage is attended by market knowledge of diagnostics and awareness of sudden increases in population which would pretty quickly lead the authorities back to the sources of any faked dates.</p><p><br /></p><p>As concerns silver, I think there is little payback for counterfeiters in small pieces because of the amount of work involved . . . low return on investment. However, it would likely be worth their while to counterfeit heavy silver bars. </p><p><br /></p><p>As lesser valuable pieces may more realistically be transacted on a regular basis if we were to experience a currency crisis, some silver is always a good idea; especially since gold would often require that change be returned, perhaps in a less desirable medium of exchange.</p><p><br /></p><p>For the above reasons I keep my feet in both . . . some in gold, but also in obsolete 90% silver for smaller expenditures (groceries, gasoline, ammunition, etc . . . no, I'm not that far over the edge, but I know some of you will be entertained by colorful commentary). </p><p><br /></p><p> - Mike[/QUOTE]</p><p><br /></p>
[QUOTE="ToughCOINS, post: 2733032, member: 20480"]I started with bar silver back in high school, and eventually moved over to gold by the early 90's. I prefer gold in classic coinage because tungsten, which at nearly the same density as gold, and at little more than $1 per ounce leaves too much incentive for counterfeiters to make deceptive bars and rounds. Classic coinage is attended by market knowledge of diagnostics and awareness of sudden increases in population which would pretty quickly lead the authorities back to the sources of any faked dates. As concerns silver, I think there is little payback for counterfeiters in small pieces because of the amount of work involved . . . low return on investment. However, it would likely be worth their while to counterfeit heavy silver bars. As lesser valuable pieces may more realistically be transacted on a regular basis if we were to experience a currency crisis, some silver is always a good idea; especially since gold would often require that change be returned, perhaps in a less desirable medium of exchange. For the above reasons I keep my feet in both . . . some in gold, but also in obsolete 90% silver for smaller expenditures (groceries, gasoline, ammunition, etc . . . no, I'm not that far over the edge, but I know some of you will be entertained by colorful commentary). - Mike[/QUOTE]
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