Interesting Silver Price and Purchases

[worked4dhs]

I'm on a prepper forum and lots of talk about the price of silver.
for those who don't keep track the cost of silver skyrocketed earlier this year. Silver was about $50/ounce in October 2025, then zoomed up to $116 in January 2026. since then general fall to about $68 today.
lots of conversation about do-I-buy-now. most agree, yes, it probly won't go much lower any time soon.
too many variables to know for sure!

 

[worked4dhs]

add; one of the forum members observed that we don't buy PMs (Precious Metals) for short-term gain; this is long term thinking.
silver gives you a hard option in case electronic and paper transactions are frozen or sabotaged. generally it's a good hedge against inflation. July 2025 silver was $40 an ounce. if one had spent a few thousand then, nice gain if sell today.

at the extreme are folks who worry about a massive event that disrupts society as we know it.
it this happens I'm screwed and I know it; but I do have a few silver coins stashed away for whatever.

 

[Bally]

Thanks for the insight. Yes, Silver is somethings tangible and has been traded for Millennia.

I keep coins, some of value others just face value but different. Dunno at present what to do with them. Bags of them, sorted, in a cupboard. Found one the other day, on a back road looking for my dogs, solid, heavy and well worn. Seems to have a large silver content. When I get a round to it I'll send it to my Son in Law, jeweller, for his consideration.

Kind regards,

Bally.

 

[worked4dhs]

great find! lucky you.
wonder if it would be worth checking with the police on? might be stolen goods

 

[Bally]

great find! lucky you.
wonder if it would be worth checking with the police on? might be stolen goods

Yes, it was a lucky find. I don't think I'd bother with the police simply because I wouldn't want to waste their time. The coin is very well worn with really no distinguishing marks and looks as though it's been through a fire although still discernable as a coin. Like finding a coin without a detector if I can put it that way. As for loot I can't see it that way as the track/back road is overgrown and remote.

Put it in my pocket and showed the girls when I got home. Daughter has an interest and said, "dunno dad". Might even be a medallion of sorts but there are no holes or designs on it. Just one of those things.

Cheers,

Bally)

 

[worked4dhs]

I didn't read closely and didn't realize it was a single coin.
can you post a pic?