Letter Re: Silver Jewelry for Barter?
James, Thanks for your web site. I find it very informative. And prayers for your missus. I’ve seen recent articles regarding acquiring gold and silver coinage for TEOTWAWKI. My question is this: can gold or silver jewelry substitute adequately for coinage? My thinking is this. In the worst case scenario, there are two kinds of people who will have things to barter – the prepared and the lucky. In dealing with the prepared, a sterling silver ring will be just as valuable as an equal silver weight of pre-1965 dimes. But with the merely lucky? I’m not so sure. In …