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Gold? Work trucks? Ammo? WHAT???

--Sitting on cash is dumb. Buying stuff that will only go up in price makes more sense, if that stuff doesn't degrade/rust/oxidize/spoil etc.

Gold? Work trucks? Ammo? WHAT??? --Sitting on cash is dumb. Buying stuff that will only go up in price makes more sense, if that stuff doesn't degrade/rust/oxidize/spoil etc.

(post is archived)

[–] 1 pt

Old coins seem like a good investment. Ones that they are done printing. Even if they re-mint them, the value is largely attached to the year they were made. Many, not all have some intrinsic value as gold and silver. The cost is more than the intrinsic value, however so is the potential for increase. For a collectible, you can get a good price on resale, even at retail -- about the same margin you'd get on gold and silver. One problem with other collectibles is when you go to resell you may not be easily able to find a buyer at near value. Certain coins are pretty damn fungible. And obviously easy to store as precious metals.

Of course this is not SHTF type stuff. After the apocalypse no one will care what year your coins were struck. However, you do have that intrinsic value as sort of a backup.