Hi friends,
Let’s look at some snazzy quarters! I’m pretty sure I already showed these off about a month ago (when I bought them) but I just found them in an unlikely stash spot — so it was like getting them for free all over again 😜🤩🤪🤪🤪
Kinda’ made me feel a little like this guy ⤵️
Now, to be clear, I don’t think we will ever go back to a monetary system where we are exchanging coins as a primary medium of value-transfer, and indeed, physical cash in bill form has been floundering for years, and it’s only going to get “worse” for this paper. Now although i’m tempted, i’m not going to go on a crypto rant. Instead, i’m merely sharing some pictures of one way I like to hold precious metals.
Collecting coins is fun. And if you can spot a bargain then it can be lucrative too. But essentially, or elementally as it were, my chief goal is to collect and hold as many ounces of precious metals as I can until it makes sense to trade them for something else. With old Canadian coinage it is pretty easy, because each dollar of face value has 0.6 ounces of .999 Ag in it. So for example, the above photo of $5 in quarters has 3oz of pure Silver in it (ya’ get the copper for free).
Here’s some great 0.6 ozers that tell a story and feel great in the hand too 👍
I called this post “a pocket full of kryptonite” just ‘cause that’s what came to me, but I do believe that there is much power in this kind of “pocketchange.” It is Silver afterall, and most reading this post will agree that buying and hoarding this miracle metal now, will pay great dividends down the road.
Grab that “cash” with both hands and make a stack!
Cheers! from @thedamus
🍔🦖🦖🦖🦖🦖🦖🦖🦖