Economic Collapse: U.S. Coins: Using Silver Coins To Buy Food In An Economic Crisis

May 10, 2010 - 6:12 am 25 Comments

After viewing G4T’s video on silver exchange for food. I thought that I would go into more detail showing an example with small weight silver coinage. I have in my past SouthernLibertyAmer videos tried to explain why you might find it to your benefit in acquiring small weights of precious metals. I say this because in the event there is a economic crisis, silver (and gold) will most certainly skyrocket in prices. The Lydian Mint website is a place where some may would like to purchase 1/4 oz weights of .999 silver coins. Some sites have smaller weights of 1/10 oz of silver .999 silver coins. Although these are very nice in weight, I find that the premiums are to extravagant in premiums. Some premiums for the 1/10 oz weight silver .999 silver coins are averaging 150% in premiums. So rather than go that route if you prefer the .999, I’d recommend avoiding the high premiums and buy your less in premium 90% U.S. Silver Coinage. In fact even the small weight 35% Jefferson WWII Nickels would be excellent………………………..Mike

Duration : 0:10:21


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25 Responses to “Economic Collapse: U.S. Coins: Using Silver Coins To Buy Food In An Economic Crisis”

  1. EcoWhale Says:

    If things are that …
    If things are that bad, you will simply have all your precious metals robbed from you. You may have a gun and a dog, but both of you have to sleep every night When it comes down to basic survival, people will turn to any means to survive even if it means robbing neighbors. So, also invest in a good guard dog and sleep with a good pistol at least as you see things starting to get this bad.

  2. WhyMeWhySilver Says:

    @Heidelager

    But …
    @Heidelager

    But you’re right. The Third Reich Silver Coins do have a Numismatic Value to them. Be careful of claimed BU Coins. There’s very few left in existence.

  3. WhyMeWhySilver Says:

    @Heidelager

    Do …
    @Heidelager

    Do you live here in the U.S. If so, I highly recommend that you purchase the U.S. Coins (90%), (40%), and (35%). I would say the same thing to someone else in their own country. Buy the coins from the Country that you reside in. Keep things simple because there would surely be a language barrier in understanding the different silver content of coins of a Country that the people don’t reside in.

  4. WhyMeWhySilver Says:

    @hedge313

    That’s …
    @hedge313

    That’s what I call being a man with knowledge in what he’s doing. You’re exactly on the right page my friend.

    Mike

  5. hedge313 Says:

    I currently have …
    I currently have 300 dimes for this purpose. I would have to use a couple of half dollars to get up to that amount, and then use the dimes to get closer, thus lowering my amount of waste. I have several 40% halves that would probably be used first, as they are bulky. I do like the fact that they too can be used to get close when using 40/90 combinations.

  6. Heidelager Says:

    A prime choice for …
    A prime choice for silver bullion coins with extra collector value! The Third Reich produced millions of 90% silver coins. Each Nazi 5 Reichsmark coin weighed 13.88 g and contained exactly 12.5 g of fine silver. Almost half an ounze of silver in each coin. These coins are still readily available today! And besides their inherant value as silver bullion, they are also genuine Third Reich collectables thus adding to their value!

  7. Heidelager Says:

    The Third Reich …
    The Third Reich produced millions of 90% silver bullion coins. Each Nazi 5 Reichsmark coin weighed 13.88 g and contained exactly 12.5 g of fine silver. Almost half an ounze of silver in each coin. These coins are still readily available today! And besides their inherant value as silver bullion, they are also genuine Third Reich collectables thus adding to their value!

  8. littlegiantkennel Says:

    good info
    good info

  9. snowpro90 Says:

    Nice wood grain
    Nice wood grain

  10. chillininlondon Says:

    Interesting. Too …
    Interesting. Too bad there’s not enough silver on the planet anymore for Americans, let alone the world to use. And if/when USD collapses, there’s just going to be another currency (amero/den/whatever). I’d buy guns AND silver… We’d all like to see silver at $2000/oz but let’s face it guys, we are not going back to donkeys with pots clanking on the sides, not anytime soon.

  11. MoeKimura Says:

    Viewed :)
    Viewed :)

  12. GuildF40 Says:

    THanks for taking …
    THanks for taking the time on this.

    GOOD VID

  13. WhyMeWhySilver Says:

    Thank you………. …
    Thank you……….I’m happy that it was informative to you.

    Mike

  14. veritasfiles Says:

    One of the best …
    One of the best videos I’ve seen on Silver transactions!

  15. oc5nsli341nforce4 Says:

    The only copper I …
    The only copper I use is coolers for my pc hardware but that will eventually change. For now it’s silver. :)

  16. Kashmir2000is Says:

    ha ha he will not …
    ha ha he will not want to deal with me cuz’ I want the % of the copper adding in too! lol

  17. jnadreth Says:

    Veiwed…..great …
    Veiwed…..great vid Mike :)

  18. veritasfiles Says:

    Wow! Great video! …
    Wow! Great video! This really did help explain the practical realities of how we should buy and expect to use silver coinage in the future. I especially appreciated the fact that you pointed out the different weights our coins can have based on things like wear. Thanks for doing this video. I haven’t checked out your other videos yet, but I will. I hope you’ll do more of these informative videos for the times we’re in today. Silver is going to be king soon.

  19. billyboy2674 Says:

    viewed.more great …
    viewed.more great information thanks to Mike and his research.
    I was wondering how much silver is in one of those pre-64 dimes.I recently bought generic rounds as low as 1 gram 1/10th of an ounce etc and I was wondering which had more amount of silver in them,the dimes or these generic fine silver rounds.Needless to say,another 5 star video.

  20. micollision Says:

    viewed and rated 5
    viewed and rated 5

  21. WhyMeWhySilver Says:

    LOL! OK….but …
    LOL! OK….but you’re right! 45cents from now on :>)

  22. ForTehNguyen Says:

    just a pet peeve of …
    just a pet peeve of mine you should either display cents as $.45 or 45 cents, not .45 cents otherwise thats .45 of a cent ;)

  23. stermr Says:

    So it really works …
    So it really works then :) Nice!

  24. WhyMeWhySilver Says:

    Check this video …
    Check this video out stermr……….

    Grocery Stores Begin To Accept Silver!!! – George4title Account Suspended

    Although the title insinuates that George lost his account because of this video, that’s not true.

  25. stermr Says:

    Do stores have …
    Do stores have clercs that understand about silver coins and the value behing them? Do they have weights to scales? Just two thoughts that i got when i viewed the video. Gog bless America and you Mike!

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