Greeks embrace bartering to survive economic collapse — and soon, you will too

If ever there was a reason to own “Junk Silver”, silver half dollars, quarters and dimes, that time is now. The premium on the so-called “Junk” is five dollars over spot today. Moving forward, the premium may come down but as more and more people realize the value of the barter system, the scenario is most likely higher. Imagine for a moment. Currently two silver dimes will get you a gallon of gas or a loaf of bread. Moving forward in the inflationary times to come, those same dimes will get you a gallon of gas or a loaf bread. Just as an ounce of gold gets you a fine suit, leathers shoes and belt today as it it did in ancient times.

It is never too late to acquire some barter material. As you whom know me, whiskey, ammo and silver and gold.

In Greece, bartering for goods and services is experiencing a renaissance as the nation endures its economic meltdown. Americans ought to take note.

Source: Greeks embrace bartering to survive economic collapse — and soon, you will too

Junk Silver Coins, also known as US 90% Silver Coins, generally refers to old US currency coins whose valued is based on the silver bullion value of the silver content they contain. These are 90% silver quarters and dimes minted by the US Government before-1965.

90% Junk Silver Coins are still official US currency and thus can be used as a means of legal tender face value payment yet it is often saved and held for the long term given the silver bullion value contained within them.

Old US silver coins were once commonplace and formally part of our nation’s standard circulation coinage. Beginning from the signing of the 1792 Coinage Act continuing until silver was formally removed from large circulation coin strikes by the 1965 Coinage Act.

In the modern silver bullion coin industry, older once circulated silver coins are often sold in ‘face bags’ which measure the total ’legal tender’ face value each bag contains. Therefore, a $25 Face Bag could contain 100 silver quarters or 250 dimes or a combination of both quarters and dimes.

Regardless, you are guaranteed $25 in Face Value when you purchase this which equals approximately 17.88 ounces of pure Silver.