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Old silver coins that are not collectors items and sell by the pound…. are good for everyday life should the currency collapse etc.
They are also small and easy to store and transport.
@Dominique 167834 wrote:
Old silver coins that are not collectors items and sell by the pound…. are good for everyday life should the currency collapse etc.
If currency collapses (and civilised society) … then I’m not sure what good old bits of previously precious metal are – there is no-one around to work them.
(half of silvers current use and value is in industrial processes for nanotechnology and medical equipment).
I voted for storable food – not intrinsically valuable – but wait six months and it will be keeping you alive.
@TheGooner 167850 wrote:
If currency collapses (and civilised society) … then I’m not sure what good old bits of previously precious metal are – there is no-one around to work them.
When the currency collapsed in Germany, that’s all anyone would accept as money – recognizeable coins made of gold or silver. People figured they had to have more value than paper money. Which was and is true. The trouble with gold boullions is that they are too big and valuable, and collector’s coins were thought to recover all their value later (also true). So the best thing to have was old silver and gold coins that had no collectors value – too beat up and what have you. There are still plenty of those available in the US, dimes, quarters and dollars, sold by the pound, cheap.
Other than that you had to have goods like all the above to trade.
Specifically valuable were flour, salt, sugar and lard. People revert to basics – a pound of flour or rice keeps you alive a lot longer than the equivalent in ready meals or canned stuff.
Upper end items were liquor and cigarettes.
This also held true in post war times, when everything was shattered and there was no money at all, just pitifully insufficient rations.
I grew up hearing about all the trades that were made back then, those were desperate times. Also, starving people don’t think twice about stealing. If you think that times like that aree coming back, and you want to keep stashes of stuff, you better keep them real secure.
PS. From the choices above, I picked antibiotics.
I was assuming in a Mad-max world that there wouldn’t be anyone riding in to restructure the economy that the economy was dead, (unlike previous post war situations) so pretty coins, jewels, trinkets and metals lost their value as we focused on baser needs.
Anti-biotics is a good call.
:hattip:My father was a Slav and in a work camp during WW2, and I agree that some of the situations were almost unimaginable … and that probably influenced my thinking as to my choice. And granted that you’d need some way of holding onto your mound of goodies once that you’d obtained them.
BTW :
New Zealand is actually my pick for a place to see out a “mad-max” style collapse of civilisation – one of the reasons that we are here. 45 million sheep, 10 million cows, lots of crops and only 4m people. Food central !!
:inlove:Surrounded by sea to minimise plague and mass migrations, plenty of open green land, and a relatively acceptable climate where most of the land almost never sees snow.
:hattip:So when the “mad-max” apolocylpse is almost here – I’d suggest spending some of your hard-earned cash on a one-way trip … with your cache of whatever you stockpiled.
We’d put you up at the beach house for a while. Good fishing there …
:wink-wink
