British Silver Coins as a Hedge Against Fiat

in #anarchy6 years ago

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I just recently purchased some silver coins, the "Queen's Beasts." These ones have an image of the unicorn on them. James Woodford was the original creator of the original wooden sculptures in 1953 and was paid a sum of 2,750 BP for the works. They originally appeared at the Hampton Court Palace more than 400 years ago for the ruler Henry VIII [1].

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"From the end of the 16th century, two unicorns were adopted as the supporters of the Scottish Royal Arms. In 1603, the crown of England passed to James VI of Scotland, who then became James I of England. He took as supporters of his Royal Arms a crowned lion of England and one of his Scottish unicorns. The unicorn holds a shield showing the Royal Arms of Scotland, a lion ramping in a royal tressure, adorned with fleur-de-lis."

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With fiat being devalued the way it is today, funding multiple adventures overseas and massive bureaucracies at home, it might be a good time to consider the purchase of silver and gold. It might also be a good way to hedge your crypto holdings. Take care.

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https://en.wikipedia.org/wiki/The_Queen%27s_Beasts