Silver dimes.

You guys get it but be very careful investing in all "synthetic" metals...those that claim their products are "backed by physical metal". That may be the case and it's 100% backed up, yet it might not even matter. One of the largest issuers of this type of investment is Sprott. Sprott is a Canadian company. Look at how the government quickly took over the banking and money transfers to the truckers.

The Trust's metals will be held in custody by the Royal Canadian Mint, a Federal Crown Corporation of the Government of Canada. There is no levered financial institution between the unitholders and the Trust's physical bullion and no risk of financial loss in the event of a bankruptcy or nationalization of the financial institution.

Nothing between you and your metal but Castro's son. Don't think they won't do the same with "your" metal stored in their facility in another country.

Cliffs- If you don't hold it, you don't own it. Stack on.

Just picked up some more silver. 10oz bars had the lowest price per ounce. Junk silver in small denominations were expensive. I compromised with 1oz, .999 coins. Spot+premium came out to $29/oz. All I'm looking to do is convert my Fiat crap into physical metls. I wish you luck in converting your paper to physical.

Gold is much easier to sell than silver. You can go to just about any pawn shop or jeweler to sell gold. To sell silver you would have to find an interested counter party which may sound easy now, but go ahead and try it.

You are going to pay spot + premium. The size of that premium will increase as the coin gets smaller. So a smaller premium on 1 oz gold coin and a much larger premium on. 1/10th oz gold coin.

Selling a 1 oz coin is a large financial transaction. Selling a 1/10th oz coin is a much smaller transaction. So try to foreseen the conditions that would get you to sell. If you are trying to sell a 1 oz coin in a stressful situation where physical security is not assured, then it’s a risky transaction and the potential loss related to paying a higher premium may be worth it to reduce risk.

One of the basic characteristics of money is “sub divisible to facilitate commercial transactions” this was accomplished by having a combination of gold and silver coins of various sizes. You may want to reproduce this in your hoard.

Some 1 oz silver, some gold of various sizes. Junk silver is a possibility, but getting good money from it is hard. Focus on getting high quality coins so that the person you want to sell it to will have confidence in the coin without needing to perform acid tests on the metal.

I'd rather have the physical metal. The size matters only on how you're able to store it or how much you're willing to spend

Always go with physical metals. When it's a paper certificate, you only own the paper and are taking someones word for it that there's actual silver backing up that paper.

Very good question. I have asked myself this question many times.

My understanding is that having the metal in your hand is the best and only way to do it!

That being said, how many coins and of what metals? I have heard that some gold coins are great (5, 10, 25, 50... what can you afford?) The purpose in my mind is that if shit hits the fan but the mortgage company is still demanding payment, I can sell gold coins for a lot of fiat and pay off the mortgage. I don't know if that will work out that way, but I figured there's no harm in hoping and being prepared.

Silver coins... having more of those (think 10:1 ratio to gold) will be helpful (again, so I've heard) when it comes to local buying and selling of needed commodities for which you are unable to obtain by other means such as trading.

Let me know what you decide. I'm curious.

Gold is best in bulk with shipping. Buy a scale, gold is very soft. You can cut from the bulk whatever you need very easily

Diversify. Look for some fractional gold. I like these, goldback.com. High premium, but very easy to trade, not to mention my bullion has doubled in fiat value since my initial investment. I have been using fractional gold for years. Would trade with a business owner for almost anything, and more often than not, purchase the item at a discounted rate. Coof came along and I changed my spending ways. Gold is money. People inherently know this. You will want variety. Don’t panic, just start collecting. Fractional gold, and silver coins is an easy way to start. It’s really hard to make change at a burger joint for a gold panda, and then you end up with a pocket full of trash “money” that you can just feel losing value as you rush to dump it on some other unfortunate soul. Ugh. I hate their money.

What about the 1/1000th oz goldback bills (Utah, Nevada and New Hampshire)? They are beautiful, and extremely durable. The small denomination makes them useful, too. Wonder how accepted they will be?

Just my opinion.

For gold, I tend to go with 1/4 oz because it's more likely to be in line with an item to purchase.

Silver I prefer 1 oz coins.

There are price implications for smaller denominations. In that it's more work to make smaller coins than larger ones.

Always go with a physical delivery.