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barrytrot
Penny Collector Member
USA
410 Posts |
 Posted - 10/31/2009 : 08:04:43
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For each of the metals, what volume constitutes a hoard?
For copper: Is it 1 ton. $10,000 face? Higher? Lower?
- My answer: 1 Ton
For US nickel: Is it $10,000 face? Is it 1 ton of nickel? Higher? Lower?
- My answer: $5,000 face (essentially a little more in face value than the cents)
For CA nickel: Is it 1 ton (which is $10,000 face. Thank you Canada for nicely weighted coinage!) Higher? Lower?
- My answer: $5,000 face
For US 90% Silver: Is it $100 face? $1,000 face? $10,000 face? Higher? Lower?
- My answer: $2,000 face ($1,000 face bags are sold/traded every day, so owning just *one* can't be a hoard!)
For US 40% Silver: $1,000 face? $10,000 face? Higher? Lower?
- My answer: $2,000 face
For CA 80% silver: $1,000 face? $10,000 face? Higher? Lower?
- My answer: $2,000 face
For Gold: 1 pound? 10 pounds? Higher? Lower?
- My answer: 2 pounds
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Country
1000+ Penny Miser Member
USA
1617 Posts |
Posted - 10/31/2009 : 08:43:18
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 Copper - 1 Ton seems about right for a hoard. That's over 100 $25 boxes.
Silver - 10,000+ TOZ in silver (rounds and/or bars) or 10+ $1000 (80% or 90%) bags or 20+ $1000 40% bags seems right for a hoard.
Gold - 10+ kilo bars (22 pounds) or equivalent in AGEs/Maples and/or other coins/bars seems right for a hoard. You gotta be rich (or steal it from a leprachan's pot of GOLD) to have a hoard of GOLD. |
Edited by - Country on 10/31/2009 09:01:59 |
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beauanderos
Penny Collector Member
USA
396 Posts |
Posted - 10/31/2009 : 11:23:46
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| You've gotta be rich... and you'll stay rich if TSHTF with a gold hoard like that. Got my silver and gold where I want em, now I'm getting started with CU. What about platinum and palladium? |
Hoard now and hold on!
http://coppermillions.blogspot.com/ |
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Country
1000+ Penny Miser Member
USA
1617 Posts |
Posted - 10/31/2009 : 11:38:51
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During the SHTF scenario, I believe you will have the copper and nickle (maybe lead), the real money, for the small change transactions. Have a hoard of either and you'll do just fine.
Palladium and Platinum are less recognizable. I think they look too much like SILVER and will not get you true value during the SHTF scenario. They are sort of extras for your hoards.
I'd stick with GOLD and SILVER for your store of wealth. Copper and/or nickle will be your spending money. |
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Dalsuh
Penny Collector Member
USA
406 Posts |
Posted - 10/31/2009 : 15:57:25
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| I even hold on to my clad quarters now, better than paper still. |
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theo
Penny Collector Member
USA
329 Posts |
Posted - 10/31/2009 : 16:58:12
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quote:
Originally posted by Dalsuh
I even hold on to my clad quarters now, better than paper still.
I used to do that as well, but now I'm turning my quarters and dimes in for pennies and nickels. You get more metal for less money. |
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City38
Penny Sorter Member
26 Posts |
Posted - 11/01/2009 : 13:08:26
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| I would like to call my little stash a hoard, but I know its not. Just a pile. I agree with the 1 ton copper and the 10 kilo gold. I think 2k silver is a good goal for anybody. But as stated on the forum by others, any PMs will help. I feel sorry for the masses... |
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MichaelOnion
Penny Sorter Member
USA
46 Posts |
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aloneibreak
Penny Collector Member
USA
380 Posts |
Posted - 11/01/2009 : 18:09:53
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i hope no one here has a hoard of FRN's. i can see having a couple months or so expenses in cash just in case, but in my opinion 20,30, or 40 k should be put into coin or pm's if you want to hold it for a reserve.
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My reading of history convinces me that most bad government results from too much government.
Thomas Jefferson
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barrytrot
Penny Collector Member
USA
410 Posts |
Posted - 11/02/2009 : 12:16:43
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quote:
Originally posted by aloneibreak
i hope no one here has a hoard of FRN's. i can see having a couple months or so expenses in cash just in case, but in my opinion 20,30, or 40 k should be put into coin or pm's if you want to hold it for a reserve.
Maybe if you sorted the FRN's and only kept the "star notes" or something. At least that way you have the numismatic value as well ;) |
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Coinage
Penny Pincher Member
Canada
178 Posts |
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Dalsuh
Penny Collector Member
USA
406 Posts |
Posted - 11/02/2009 : 23:31:39
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| Nice stash coinage. |
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NotABigDeal
1000+ Penny Miser Member
USA
3251 Posts |
Posted - 11/03/2009 : 06:10:40
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quote:
Originally posted by Dalsuh
Nice stash coinage.
That would not be him. It's Ken Griffey Jr., a baseball player. Picture is from a practical joke some team members played on him or something like that.
Deal |
Gun control is like trying to reduce drunk driving by making it harder for sober people to own cars.
If you want peace, prepare for war. |
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dakota1955
Penny Hoarding Member
801 Posts |
Posted - 11/03/2009 : 08:01:10
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| Those numbers are a great place to start and I still have a way to go to reach the hoard level. |
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Country
1000+ Penny Miser Member
USA
1617 Posts |
Posted - 11/03/2009 : 08:13:46
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quote:
Originally posted by Coinage
is this a horde?
Nope. That's only 1/3 of a ton. Gotta have a ton to qualify.  |
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Dumpster Diver
Penny Pincher Member
USA
215 Posts |
Posted - 11/03/2009 : 08:34:52
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I'm guessing Fogg lost a bet to Griffey...wonder if he'd let one of us sort those.
My grandfather used to bet on presidential elections with a buddy. He lost the bet in '76 and got a bucket of elephant dung at the circus and using gloves mixed in $50 worth of pennies. He then wrapped it and shipped it over. |
"You're not really gonna throw that out...are you"? |
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Coinage
Penny Pincher Member
Canada
178 Posts |
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Ponce
Penny Collector Member
Cuba
407 Posts |
Posted - 11/06/2009 : 00:50:23
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| Well, I do have the pennies, nickels, dimes, quarters, 999 silver and Maple Leaf......I think that I am ready. |
"If you don't hold it, you don't own it"...Ponce |
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Topic |
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What do you think the "this is a hoard" amount is?
