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<p>[QUOTE="FlintHills, post: 884440, member: 24007"]That is a good point and that is the very reason many hoard gold and silver. They are hoping that bullion will be a way to store wealth until the next currency system is introduced. It’s not really about the value of the bullion in today’s currency but the value under the next system.</p><p> </p><p>Numismatic coins are a different animal altogether. Coins that have little numismatic value above their bullion value will probably revert to bullion values. Coins with more numismatic value may lose most of their value in the short term but will come back after the crisis settles (may take years). After all, people have collected rare and unusual coins for two thousand years. It is a wonderful diversion.</p><p> </p><p>I do not think numismatic coins are insurance for a dooms day scenario. However, I do not think bullion or a fist full of fiat currency will provide any relief in the middle of the crisis either. Bullion will not fill your stomach and stacks of fiat currency burn too rapidity to keep you warm very long.[/QUOTE]</p><p><br /></p>
[QUOTE="FlintHills, post: 884440, member: 24007"]That is a good point and that is the very reason many hoard gold and silver. They are hoping that bullion will be a way to store wealth until the next currency system is introduced. It’s not really about the value of the bullion in today’s currency but the value under the next system. Numismatic coins are a different animal altogether. Coins that have little numismatic value above their bullion value will probably revert to bullion values. Coins with more numismatic value may lose most of their value in the short term but will come back after the crisis settles (may take years). After all, people have collected rare and unusual coins for two thousand years. It is a wonderful diversion. I do not think numismatic coins are insurance for a dooms day scenario. However, I do not think bullion or a fist full of fiat currency will provide any relief in the middle of the crisis either. Bullion will not fill your stomach and stacks of fiat currency burn too rapidity to keep you warm very long.[/QUOTE]
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