Apmex 90% Silver Coins - $10 Face Value $190.48. It takes $1.25 of 90% silver to make one ounce So $10 in silver coins weighs in at 7.15 ounces of pure silver.
It takes 14 dimes at 0.0715 oz each to make one ounce of silver.
So, $1.40 face value of 90% silver = one ounce.
The FED reserve & The Presidents Working Group on Financial Markets (the Plunge Protection Team), have brought us into The Greatest Depression ever.
Taxing Joe Sixpack & Jane Soccermom, by printing $Trillions of dollars of increasingly worthless Federal Reserve Notes is just not working anymore.
It has gotten to the point where people are hording coins because at least they have some metal in them, which has got to be worth more than paper dollars.
The ponzi scheme has collapsed & the Shit has Hit The Fan.
Thank President Donnell Trump, Larry Kudlow & lil' Stevie Mnuchin the money printer.
Yes, the $Trillions lately conjured will undoubtedly accelerate the devaluation of FRNs; it has to.
But I'd bet there's not 1 person in 1000 who is hoarding US coins because of that. There are better things than coins to hoard when facing imminent hyperinflation.
Anything that will hold value better than the depreciating currency. Gold and silver are the classics. Real estate was a pretty safe bet for most of the last 40 years, but probably not so safe now, as civilized neighborhoods are being systematically sullied.
As far as other things: Primarily things that you yourself will need (buy now before the price goes up, especially expensive things like a vehicle), and also -- if you're so inclined -- things that you can later sell at an inflated price or barter.
In a hyperinflation scenario, where people are struggling to survive, basics will sell better than luxuries. You could sell a decent used pickup truck for say $8000 easier than an almost new one for $50,000.
But there some risk in being the neighborhood have-it-all guy; thieves will try to break through and steal. You know, go all South Africa on you and your loved ones. Especially if you're selling guns, ammo, liquor, and food.