RE: Why should you be hoarding coins?
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Unfortunately, $10,000 in coins weighs way too much to move.
I would suggest just buying silver.
Easier, faster, weighs less, and has a lot more upside.
And the paper dollars will have their day in the sun, when they become really valuable because of bank chicanery.
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I should have added that if you have enough coins they become too much work to be worth stealing.
I seal my coins in wax because I live with smokers and they have proven that they will get into the coins to support their habits.
I agree that silver is a better investment, but you can't spend silver at the store, just yet.
I'm sure that day is coming and will have been too long in coming if it was to happen today.
I don't think paper will do anything but decline in value until the banks finally collapse, at that point coins will rule the day by assuming the new silver dollar purchasing power.
I looked for instances of coins assuming the new value after currencies collapse, but it looks like they are hiding that info.
I got plenty on crypto 'coins' collapsing, but not one about malaysia and it's 10000% increase on one of their coins.
I should have filed away the story when I read it, but didn't.
You could get the best of both worlds.
Buy pre-1965 silver coins.
But damn if your roomies wouldn't spend them for 1/100 of their value, cause they need a smoke.
They didn't do it but once, let me assure you.
Now I buy canning jar wax and melt it in over the top as the pile gets deeper.
Of course, the 5 gallon water bottle got too heavy and I had to start breaking them up into smaller jars.
Very little loose change in the house now.