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<p>[QUOTE=&quot;WEG, post: 1276336, member: 32893&quot;]I too have wondered about my collection of U.S. currency and what would happen to its value if the dollar went down the tubes. As Dave M said :</p><p style="text-align: left"><span style="color: #000000">&quot;Realistically keep in mind that most countries outside of the US have demonetized their currencies many times, and their old notes are 100% numismatic in value.&quot;</span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p> <p style="text-align: left"><span style="color: #000000">As long as the economy is not completely destroyed and people have funds to purchase notes our collections may still hold value. Numismatic collections are built with disposable funds and we&#039;ve already seen less people being able to continue adding to their collections, many had to sell. I have no answer for what may happen to my collection of U.S. currency if the dollar lost its status. The one thing that makes it less of a worry is that I am building my collection as a hobby, not as an investment. I expect to lose money on hobbys, the way I get my money out of them is by enjoying them. Investments are a different matter.</span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p> <p style="text-align: left"><span style="color: #000000">In your second post you mentioned exchanging some U.S. dollars for another countrys currency; that&#039;s more of an investment issue. It is also what I think is a good idea and have already done. From what I&#039;ve read a lot of money managers are suggesting the currency of countrys with commodities such as Canada, New Zeland, and Australia.</span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p> <p style="text-align: left"><span style="color: #000000">Several years ago I read that Canada was the only nation in the G7 that did not have a deficit; that was when the exchange was .80 to the U.S. dollar. I should have made the exchange then instead of waiting until the exchange was $1.02 to $1 U.S.</span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p> <p style="text-align: left"><span style="color: #000000">Metals I bought 3 to 10 years ago have come down making a buying opportunity but I&#039;m done buying. The only reason for them to have come down to this level along with the dollar gaining some strength is because of fear of Europe and the Euro. Nothing has changed here to make the dollar worth more, it&#039;s just a better of two evils. Give it a little time for Europe to be moved to page 2 and the dollar problems will be back on page 1.</span></p><p>[/QUOTE]</p><p><br /></p>

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