A buddy tells me stories about his parent's farm in Oklahoma during the Depression and Dust Bowl days. People would show up to the farm with hand fulls of gold jewelry looking for food. My buddy's parents would tell them to keep their gold and go out back and feed and clean up after the pigs and horses for a meal when they were done.
You can't eat gold or silver. I concentrate on other consumable items that I need.
Yep. Here's a link that has been posted here before, IIRC, that shows you the current value of those coins.
Silver Coin Melt Values - Coinflation.com (Updated Daily)
Does anyone know how many of these coins are still in circulation? Or some sort of percentage? For example, if I were to go buy ten $10 rolls of quarters, how many do you think I would get (1964 and earlier). I have thought of doing this, but was just curious if it would be worth my time.
I see on other forums where guys will go buy a few thousand bucks worth of quarters or halves at the bank and cull through them. They do this once a week as they're watching tv or whatever. They keep detailed stats and it seems like an awful lot of work for what little they find. Of course, they're getting anything they find at face value and silver is about 17-18x face now.
I have been watching for over 30 years, and have found (drum roll) 3 quarters and 2 dimes. I remember where I was when I found each of them. You basically will not find them in circulation any longer. I realize there could be a fluke, or the odd bowl of change at an estate sale, but the odds of getting any in your change at Mc Donalds is almost nil. Some coin dealers will sell rolls of silver dimes and quarters that are very beat up and have no collectable value for a little over spot.
So I'm wondering in a SHTF situation and currency is worthless how does having silver or any precious metals help? Wouldn't trading goods be more beneficial? Or am I missing something?