Include These in Your Bug Out Bag: Silver Coins | Jason Hanson

Published on December 30, 2022
Duration: 5:28

This video by Jason Hanson details the contents of his "silver bug out bag," emphasizing the importance of precious metals as a form of emergency currency. He advocates for carrying silver coins in smaller denominations than gold due to their lower spot price, making them more practical for bartering in crisis situations. The bag contains a variety of silver coins, including American Eagles, Morgan dollars, Mercury dimes, Walking Liberty half dollars, and 90% silver quarters, totaling approximately $1,000 in face value.

Quick Summary

A silver bug out bag is a collection of silver coins for emergency preparedness, serving as a tangible asset for bartering when traditional currency fails. Recommended coins include American Silver Eagles, Morgan Dollars, Mercury Dimes, Walking Liberty Half Dollars, and 90% silver quarters, totaling around $1,000 in face value.

Chapters

  1. 00:00Introduction to Silver Bug Out Bag
  2. 00:12Importance of Cash in Emergencies
  3. 00:42Why Silver for a Bug Out Bag
  4. 01:02Contents of the Silver Bug Out Bag
  5. 01:43Silver American Eagle Coins
  6. 01:59Mercury Dimes
  7. 02:01Silver Walking Liberty Half Dollars
  8. 02:0690% Silver Quarters
  9. 02:13Morgan Silver Dollars
  10. 02:49Total Value and Bartering Potential
  11. 03:02Storing Emergency Funds

Frequently Asked Questions

What is a silver bug out bag and why is it important?

A silver bug out bag is a collection of silver coins intended for emergency preparedness. It's important because silver coins can serve as a valuable bartering tool or alternative currency in crisis situations where traditional money may lose its value or be inaccessible. They offer a tangible asset for financial security when other systems fail.

What types of silver coins should be included in a bug out bag?

Recommended silver coins for a bug out bag include American Silver Eagles, Morgan Silver Dollars, Mercury Dimes, Silver Walking Liberty Half Dollars, and 90% silver quarters. These offer a range of denominations and are recognized for their silver content, making them practical for trade.

How much silver should be in a bug out bag?

Jason Hanson suggests a silver bug out bag should contain approximately $1,000 in face value of silver coins. This amount provides a significant reserve for emergencies without being overly burdensome to carry, offering flexibility in transactions.

Besides silver, what other financial preparedness measures are recommended?

In addition to precious metals, it's crucial to have cold hard cash readily available for emergencies. Jason Hanson recommends carrying at least several hundred dollars, with a minimum of $300, primarily in $100 and $20 bills, for immediate use and potential bartering needs.

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