Coin Shop Owner's HONEST Opinion on Using Silver for Barter 

Reminds me of Psalm 1.

He literally is. You can hear it in his voice. I'd trust him all day long. They both are awesome humans.

High Fives!

just like an ounce of gold would buy you a tailored suit in 1920. and it will still buy you a tailored suit today.

We should be heavily involved in WW3 by the end of the year. If the US falls to communism, you can at least take your precious metals and go to another country to trade them for their currency.

Most people don't seem to get that. They keep boasting about how much silver they'll have if shtf while seeming to leave out the full impact of what exactly that would mean. I don't see people with huge stashes living very long when someone figures out they always have some to spend.

Three scenarios: Decline slows and stops: digital, real estate, metals, defense gear, etc. Major decline (like a 3rd world country): metals, defense gear, etc. Apocalyptic decline: defense gear, water, food, force.

Hoping and being wrong could get you and your entire family killed of starvation. Instead be prepared.

@@syberphish The idea is to use the precious metals AFTER shtf, in the reconstruction. You should be using your other metals to get you through SHTF, you know, your lead/brass combos and your aluminum/tin food storage devices. You're right though... you'll want to be judicious in your spending during shtf. If there's government rations, I'll be in line every time for them so people don't think I'm stacked. And you also have to consume as if you're on rations. You're belt needs to get tighter just like everyone else.

Those times are coming back.

The full blown apocalypse would have to happen for something like this to happen, and at that point people will want to barter for directly useful goods, not for something useless like silver or gold (useless given the scenario). Better off to barter with copper. Or raising livestock.

Listen bro silver eagles are legal tender technically speaking so

I got a question: What do we do with our G&S AFTER they sock us into a digital currency?

When needed sell some for digital. Buy things with it outside of the digital market. G&S has always been money, always will be. It is recognized all over the world. You can take a gold eagle anywhere in the world and you someone will give you money or services for it. Digital or otherwise. Going digital will likely cause the value of metals to go up. Because many will want to transact outside of the digital world. @@douglascarlson9006

Sounds like a smart move, considering the way things are going.

In France they have gold coins which are sold st face but are not in general use. For example a 250 euro French coin for the next years olympic games os available at post offices for 250 euros. It weighs 2.5g This is the only problem as not long ago a 250 euro gold coin was 3.0g’

Laymen will be eaten alive during SHTF.

A currency reset would disprove this theory, as it would wipe out many bank accounts overnight and spike the dollar denomonated price of gold to a level where the pool of potential buyers would become very small. People who stack as a hedge against calamity should diversify into at least some fractional gold. Selling peer to peer will always recover at least some of your premium, and if you hold for a significant period of time inflation and the reevalution of the currency will negate all concerns about premium loss anyways. If the market for fractional is crazy right now, and it is, why wouldn't that same demand spike as we enter a full collapse and faith in the system?

​@@joshspeed7794💯

Of course, it is . 1oz is always the best way to go .How many people really have 2,000 for a oz of gold. I buy gold . I buy them one tenth of an ounce I also buy gram forms. I know i'm paying more. But in a barter situation one gram is a lot better than 1ounceofgold

Why not just trade 3 silver coins instead of worrying about grams of gold?

Absolutely, when the cash has no value left, you better pray you ignored his comment and stocked up on metals to live.

Big time! Off-grid types have been bartering junk silver for years.

What do you mean by junk silver?

@@taraelizabethdensley9475 “Junk silver coins are circulated 90% US silver coins, minted prior to 1965 that are referred to as “junk” because they contain no collectible or numismatic value. Instead, junk silver coins are bought and sold purely for their silver content.”

@@taraelizabethdensley9475 Junk silver is silver. Make them barter at silver bullion prices NOT FACE VALUE LIKE THE BANKS ROB YOU.

Why is that? Don't let fear stop you. I'm sure you carry around a phone every day that millions of criminals want more than gold

​@@theambiguoustruth8167 I'm with ya ppl are scared as long as they don't know what's in ur pocket why worry

@@theambiguoustruth8167 How many ozt of gold and silver do you own?

@@syberphish enough but trust me when I say I own more ammo! I own hundreds of onces of silver few gold all in different locations and states!

@@syberphish what about you?

It will keep you alive.

If the dollar collapses what is going to determine the value of your metal? You can't say it's worth $28. an once when a dollar becomes $0. I can't eat your gold or silver so there's no amount of gold or silver that I would be willing to trade a chicken for. If I need 2 gallons of fuel to get to the store, what would you rather have, a pound of bacon, 2 rolls of toilet paper, and 10 - .22 LR bullets, or a 1965 half dollar?

stacking is like any other kind of investing. If you don't already have all those things like food and ammo then you have no business investing. I live in a state that already recognizes silver as real currency hense my statement. is it easier to buy gas with a $30 bill or $2000 bill and get change ?

@@fauxque5057 The dollar won't quite be worth zero. It will always have some value (example 25 cents on the dollar of what it was worth last week). Therefore, metals will rise in price in the currency dollar 50 or 100X + depending on how many people want it to exchange for barter. It will always be able to purchase the same value or maybe even more in this SHTF situation. I would choose 1oz silver rounds for barter of food and gasoline and 10 to 100 oz bars combined for the bigger things like a vehicle or house.

​@@fauxque5057if it's jiat the dollar. Gold is gold it retains its value. Goto another country whichever currency has turned dominant and exchange your value there.

Beaverton Oregon

Yeah but coins would be much easier to use for bartering purposes because they are smaller portions also coins have a different value because of the images on them If I had a 1 G piece of silver and then a one gram silver coin that looked really cool well the coin that looks cool would be worth more

bartering fantasies are for fools.@@BlazRa

NOBODY cares about gold or silver but stackers. A normal person doesn't see silver as valuable at all. Nobody has silverware anymore, it's just not something people want. You couldn't get $10 for a gold eagle on the street.

You can get silver eagle type 2 a lot cheaper

$45 is insanely rip off

An they wished they had metals to sell to save what they worked hard for

The US black market will take gold & silver all day long

So many people lost half of their 401k’s a few years ago. We have never experienced a worse job market and our purchasing power sucks. We will never get out of this debt and even the American dream 2.0, “Get into massive debt to earn a degree and pay it off over 10 years at the nice job you land after college.” Even that is a false reality for most young people. You’re right, sh*t has not hit the fan..but it is rotting away.

I hear ya man

Boy , that was so off topic......🙄🙄🙄 yawn

The problem is, what if he's wrong??? He sure was a nice fellow and sounded so sweet, but now I don't have the metals I needed to stay alive based on his comments in a SHTF situation. I can see it now.

To be fair most stores don't even accept $100 dollar bills. But barter is a hustle, is one bag of rice really worth $20 and a name brand worth $40? No they're both just rice. In barter times you'll have the same situation is the bag of rice one silver coin or two? Just like today you'll need to be smart or generous with your spending.

Thats a BIT much!!!!

They have an app.

Many people are starting to wake up and don't want digital currency won't last for long be ruled out

If he were the opposite of those things he wouldn't go well on camera, nor would anyone want to purchase from him. What's funny, is that some store owners have never figured that out.

The problem is, what if he's wrong??? He sure was a nice fellow and sounded so sweet, but now I don't have the metals I needed to stay alive based on his comments in a SHTF situation.

@@mpetty9947 Brass, and lead are the metals you'll appreciate most in a SHTF situation.

@@thekenner Except not everybody is a natural-born murderer, and it's nice to barter with something other people can't then shoot you with. You sound like the kind of person who'll be happily killing all the people you can and taking their stuff. "I don't need money, I've got ammo".

@@thekenner in what configuration 🙂

I think a real SHTF scenario will cause ammo to be the most valuable barter commodity.

@@eddarby469 I think the biggest return on precious metals I have ever seen in the market has been pre-Reagan Full Autos.

Thank you so much.

I've always wondered about the possibility of it being worth it? As in do you make actual profit so to say.

@MichaelPittmanJr. there is a guy on youtube called sreetips that does this process. He said he has done multiple tests. That show the results as 999 fine or better.

@@oneloverebel8937 Oh very interesting. I'll look for him, thanks for the info.

@@MichaelPittmanJr. I have actually bought some of sreetips .999 FS crystal. He lives a couple hours from me. Very intelligent guy and knows what he’s doing.

@gyrate98 & that is the false perception you & others have been given. You are shown the spot price & look at the price & how much you can buy or sell with currency instead of looking at gold. The perception has been reversed. When the dollar's purchasing power strengthens, you need less to buy gold, but when it weakens you need more to buy the same amount of gold. CURRENCY MOVES. GOLD DOES NOT! So instead of responding with false. Realise & accept the perception of gold (real money/wealth) has been replaced with currency which is nothing more than the government saying every citizen has to accept currency as trade. 1st step. Convince citizens their (money) gold & silver would be safer out of their hand/possession & safer in the hand of a bank. 2nd step. Convince citizens & use law to coerce their acceptance of currency/paper which has no value but a number printed on it for a means of exchange. 3rd step. Tell citizens (currency) "cash is king" & gold's proce moves up or down while hoping citizens are too stupid to realize gold is NOT MOVING IN PRICE & if gold rice increases then the currency is losing its trading ability. Suddenly you need 19x bank notes stating $100 just to obtain a gold coin stamped $100. 4th step. Currency is still a possession with the illusion of having value so we'll go completely cashless to ensure citizens gave no possession to trade with & therefore citizens will truly own nothing that will empower them with the ability to trade on their terms for goods & services. Gold & silver has always been used as money. When it comes to buying bullion, you need to understand this. The price of Gold creates the illusion it is increasing so it costs more & has more value. GOLD NEVER LOST VALUE. THE DOLLAR IS LOSING VALUE SO WE NEED MORE OF IT TO BUY THE SAME AMOUNT OF GOLD! WAKE UP! THIS INFORMATION IS TO HELP YOU & OTHERS SNAP OUT OF THE FALSE PERCEPTION(S) THEY ARE GIVING EVERYONE! If you think or believe gold loses or gains value then you have been deceived. Gold is a node, it just stays the same. The ultra wealthy aren't buying silver, they are putting a portion of their wealth into gold as a safety net, a true form of saving & preserving wealth. But if you don't believe this information is true & trying to help then research further. People who understand & know what gold actually is do not see an investment. They see stability & preservation of their hard earned wealth. PLEASE TAKE THIS INTO CONSIDERATION BECAUSE IT WILL HELP YOU!!

It's like those preppers, they watch too many zombie movies.

@@stevel6660 So all of those 1934 and 1935 Peace Dollars, and post '33 silver certificates that I have are fake??? Or are you one of "those people" that believe that The United States went bankrupt in 1933, or that fiat currency isn't real money?

Thank you so much.

Bruh how you gonna flip a bar or have it make that accelerating sound as it falls after spinning it on a table...

@@Charles-mv7sv smash the bars together. 😆

Local coin shops aren’t making much off of their customers. Compare this to the banksters down the street. Would you like to know how much they paid for fiat currency they’re loaning to you? Zero!