SHTF Silver

[muddywings]

I saw the other Silver (and Gold) thread in GD and skimmed through but wasn't what I was looking for.

I was handed down some silver that I just plan on keeping because...well...who knows.

So from a SHTF perspective what do you like for your silver?
ASE
Silver Rounds/Bars
Junk Silver

My initial research says opinions vary greatly on what to stock and while any is good, there are some interesting perspectives on ASE vs rounds vs junk (which I got a mix). And I also suspect how you think it will hit the fan and how the fan gets clean again plays a factor.

One additional question beyond just gathering opinions-All the ASEs I was handed down come in the nice blue box with the little certificate. Takes up quite of space so was thinking about transferring to the plastic 20 round tubes and ditching the bulk packaging but is that a bad idea since all that packaging gives more proof to the ASE authenticity and hence more value?

Thanks

[CS1983]

Moving bars or high quantities would be hard. "Junk silver" would be where its at, imo.

[izzy]

Yeah, larger bars in SHTF would be tough because you can't really make change. I'd guess coins but I don't really know what we mean by "junk silver".

[CS1983]

Yeah, larger bars in SHTF would be tough because you can't really make change. I'd guess coins but I don't really know what we mean by "junk silver".

https://en.wikipedia.org/wiki/Junk_silver

[izzy]

https://en.wikipedia.org/wiki/Junk_silver

Ahh see, I used to have a ton of those nickels, can't remember what I did with them.

[Grant H.]

Junk silver and small, marked (quality/weight) bullion for SHTF bartering.

ASE or larger bullion for wealth preservation across a currency change during SHTF type scenario.

As for ASE boxes, if they aren't anything special, just the "I bought 1 at a time" box and whatever, don't worry about it. If it's grading or collectors stuff, leave them as is.

As for junk silver, it's less common, but check your change when you pay with cash. Anything pre-64 is worth a hell of a lot more than the face value. I ate out a few weeks ago, and got a pre 64 quarter and dime back. Basically paid for me to have my meal.

[Great-Kazoo]

Moving bars or high quantities would be hard. "Junk silver" would be where its at, imo.

Yeah, larger bars in SHTF would be tough because you can't really make change. I'd guess coins but I don't really know what we mean by "junk silver".

IF one needed to move PM's due to an economic issue. It wouldn't matter what you had, weight / size wise. When there's a panic people will buy /pay any amount they feel necessary to have said item. PM's are not excluded from that realm.

[muddywings]

Junk silver and small, marked (quality/weight) bullion for SHTF bartering.

ASE or larger bullion for wealth preservation across a currency change during SHTF type scenario.

As for ASE boxes, if they aren't anything special, just the "I bought 1 at a time" box and whatever, don't worry about it. If it's grading or collectors stuff, leave them as is.

As for junk silver, it's less common, but check your change when you pay with cash. Anything pre-64 is worth a hell of a lot more than the face value. I ate out a few weeks ago, and got a pre 64 quarter and dime back. Basically paid for me to have my meal.

The stuff I have is just standard ASEs but would like to slim them down. Just wondering if in a bartering system with silver if the certificates add any confirmation of their value to some people. I'm leaning towards ditching the boxes and putting them in tubes.

[CS1983]

IF one needed to move PM's due to an economic issue. It wouldn't matter what you had, weight / size wise. When there's a panic people will buy /pay any amount they feel necessary to have said item. PM's are not excluded from that realm.

But the goal is to have something when money is no longer a thing as we know it. The coinage has no value as far as its denomination, but represents a known quantity of silver at whatever the market price would be. Having a gold or silver bar would be like trying to move a lot of money at once on a single transaction. Better to have smaller amounts in larger quantity.

[ray1970]

I suppose it depends on ones definition of SHTF.

In my world, in a SHTF situation, I’d rather have commodities like ammunition or spare firearms to barter with. Until the S un-H’s the F I don’t know what anyone would do with silver anyways.