Silver has value but that, like gold can change depending on the situation. In an economic collapse, precious metals will always have intrinsic value, but in a SHTF scenario, I'd rather have a case of corned beef hash than a pound of solid gold.
It depends on what you're talking about. Any "silver" coin made after 1965 has very little silver in it and is worth only the denomination stamped on it.How much are silver dollars worth?
Back in the time of the Roman Empire, you could use an ounce of gold to purchase a very fine set of clothes, belt, sandals, etc. Today, you can use the value of an ounce of gold to get a very fine set of clothes, belt, shoes, etc.Silver has value but that, like gold can change depending on the situation. In an economic collapse, precious metals will always have intrinsic value, but in a SHTF scenario, I'd rather have a case of corned beef hash than a pound of solid gold.
I recommend (and store) both gold and silver, but some folks are buying platinum and palladium as well.Are silver dollars going to be the only dollar left that's worth anything? Is silver as good as gold to invest in?
Coin stores. American Eagle, Canadian Maple Leafs and South African Krugerrands all come in 0.1, 0.25, 0.5 and 1 ounce sizes.Where would you go to purchase these small amounts of gold?
The more common dates trade according to supply and demand. They contain .77 oz of silver, and currently should run in the $16-18 range. The premium is higher than for other silver coins, such as the 90% coins dated 1964 and earlier, and the current American Eagle, Canadian Maple and other govt. issued bullion coins, and private made 1 oz 'rounds.' They are high right now, and have been for some time. I recommend to my customers to have some of them, for barter purposes, but to buy whatever is cheaper at the time. I have seen the silver market flat and dollars jump up, drop or sell just over melt. For barter use, 90%, Eagles and rounds are probably your best bet.How much are silver dollars worth?
Yup, the SPOT price closed in these ranges for the last few weeks, but go out and buy some at that price. I don't mean paper, I mean the real, physical metal. Gold eagles are bring close to 1k, silver eagles are bring 20, even 100 oz bars, ones that could have been bought for as little as ten cents UNDER spot earlier this year are bringing 16 to 18 an oz.I feel bad for the folks that bought gold at $1,000. an ounce and silver at $20. thinking they would make some money off of it. Silver closed $9.00 today.
Both will likely go back up, but as to them being "investments", I can think of better.