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value of stamps, oil paintings, antiques etc after PO

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value of stamps, oil paintings, antiques etc after PO

Postby scienceteacher » Fri 20 Oct 2006, 17:16:28

We've all heard that silver, gold etc will hit the roof when the economic **** hits the fan. What do you think will happen to other valuable collectibles like old stamps, paintings and antiques. Will an old Penny Black postage stamp have any intrinsic value after PO?
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Re: value of stamps, oil paintings, antiques etc after PO

Postby ReserveGrowthRulz » Fri 20 Oct 2006, 18:07:03

$this->bbcode_second_pass_quote('scienceteacher', ' ')Will an old Penny Black postage stamp have any intrinsic value after PO?


We are currently a year into PO. Do your Penny Black postage stamps have any value today? If so, thats the value after PO.
So....heading into our 3rd year post peak and I'm still getting caught in traffic jams!! DieOff already!
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Re: value of stamps, oil paintings, antiques etc after PO

Postby sch_peakoiler » Fri 20 Oct 2006, 18:54:21

$this->bbcode_second_pass_quote('ReserveGrowthRulz', '')$this->bbcode_second_pass_quote('scienceteacher', ' ')Will an old Penny Black postage stamp have any intrinsic value after PO?


We are currently a year into PO. Do your Penny Black postage stamps have any value today? If so, thats the value after PO.


Is it your mockery about us being the year after PO or do you mean it? Cause you are like inside man :)
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Re: value of stamps, oil paintings, antiques etc after PO

Postby Vexed » Fri 20 Oct 2006, 19:24:23

$this->bbcode_second_pass_quote('', 'W')e've all heard that silver, gold etc will hit the roof when the economic **** hits the fan. What do you think will happen to other valuable collectibles like old stamps, paintings and antiques. Will an old Penny Black postage stamp have any intrinsic value after PO?

The answer to this question really depends on what your vision is of the future.

From an American POV, I believe the dollar is in for a jolt. Simply put, economically, we are stuck between a rock and a hard place. We either keep interest rates low and screw our overseas investors (who consequently invest their money elsewhere) OR we continue to raise interest rates to fight inflation and screw our own debt ridden SUV-driving McMansion-owning populace.

I believe that interest rates will continue to rise, but fail to control runaway inflation, so I ask myself: If the US has an inflationary recession, would I rather own “dollars” or “tangible investments?”

I think that is the real question.

$this->bbcode_second_pass_quote('', 'A')in't nobody spending 500 bucks on a beany baby when people are standing in bread lines.

500 US dollars might one day seem like very little to an overseas buyer who has seen their currency retain strength as America is overrun with debt. And unless the Doomer PO scenario occurs and we all eat each other, it’s much more likely that the world, as always, will have pockets of economic strength and pockets of economic weakness.

As the buying power of the US dollar has declined since 2000, the power of the Euro, Loony, etc. has increased. Consequently, multinational businesses have seen an increase in their foreign profits. That may well be why the Dow is flirting with new highs. Perhaps it has nothing at all to do with the real strength of the US economy, and more to do with global nature of those 30 companies.

I know I have benefited from owning investment quality goods instead of dollars over the last 5 years. In some currencies, I have watched my dollar decline in value by upwards of 30%. None of my tangible investments took a hit like that in the same period.

But then you have to know what to buy!!!



Edit for clarity
Last edited by Vexed on Fri 20 Oct 2006, 20:27:20, edited 1 time in total.
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Re: value of stamps, oil paintings, antiques etc after PO

Postby mmasters » Fri 20 Oct 2006, 19:49:28

For the most part they wont be worth much of anything. To the right person they will be worth something. So if you have some collectable that's not invaluable to you and has some current substancial value, do yourself a favor and sell it.
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Re: value of stamps, oil paintings, antiques etc after PO

Postby Cyrus » Fri 20 Oct 2006, 20:13:51

I think anything which now (2006) is considered an everyday thing(DVD players, computers) will be an antique in a while which people will view and say "Wow! That really was possible??"
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Re: value of stamps, oil paintings, antiques etc after PO

Postby ReserveGrowthRulz » Fri 20 Oct 2006, 20:29:42

$this->bbcode_second_pass_quote('sch_peakoiler', '')$this->bbcode_second_pass_quote('ReserveGrowthRulz', '')$this->bbcode_second_pass_quote('scienceteacher', ' ')Will an old Penny Black postage stamp have any intrinsic value after PO?


We are currently a year into PO. Do your Penny Black postage stamps have any value today? If so, thats the value after PO.


Is it your mockery about us being the year after PO or do you mean it? Cause you are like inside man :)


I am willing, for the sake of arguement and all available information on current worldwide production, to accept Deffeyes estimate of Peak. Once that leap is made, the question becomes, when do we get to use our MRE's and ammo and stuff? When do these horrific declines which no one around here knows much about kick in? Where are the breadlines and gas rationing?

None of these are reasonable things to ask for a year after Peak, are they?
So....heading into our 3rd year post peak and I'm still getting caught in traffic jams!! DieOff already!
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Re: value of stamps, oil paintings, antiques etc after PO

Postby rockdoc123 » Fri 20 Oct 2006, 20:48:45

$this->bbcode_second_pass_quote('', 'w')hen do we get to use our MRE's


we already are....holdon, my mistake that's just my wifes crappy cooking. ;-)
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Re: value of stamps, oil paintings, antiques etc after PO

Postby joewp » Fri 20 Oct 2006, 21:51:48

$this->bbcode_second_pass_quote('rockdoc123', '')$this->bbcode_second_pass_quote('', 'w')hen do we get to use our MRE's


we already are....holdon, my mistake that's just my wifes crappy cooking. ;-)


After this, her cooking might start to taste a little different. Don't worry, that's just the poison! :P
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Re: value of stamps, oil paintings, antiques etc after PO

Postby RonMN » Sat 21 Oct 2006, 09:56:08

Right after TSHTF i don't believe any collectable will be worth much...but if we rebuild a society in 10-20 years after that, I think collectables could be worth a fortune.

Alot of collectables were worthless when the great depression hit, thus those collectable didn't survive...and that is what makes them rare & valuable TODAY! They wont do a darn bit of good during the sh*t storm...but after (if we rebuild anything resembeling a society) they should make you quite a profit.
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Re: value of stamps, oil paintings, antiques etc after PO

Postby sch_peakoiler » Sat 21 Oct 2006, 10:49:03

$this->bbcode_second_pass_quote('ReserveGrowthRulz', '')$this->bbcode_second_pass_quote('sch_peakoiler', '')$this->bbcode_second_pass_quote('ReserveGrowthRulz', '')$this->bbcode_second_pass_quote('scienceteacher', ' ')Will an old Penny Black postage stamp have any intrinsic value after PO?


We are currently a year into PO. Do your Penny Black postage stamps have any value today? If so, thats the value after PO.


Is it your mockery about us being the year after PO or do you mean it? Cause you are like inside man :)


I am willing, for the sake of arguement and all available information on current worldwide production, to accept Deffeyes estimate of Peak. Once that leap is made, the question becomes, when do we get to use our MRE's and ammo and stuff? When do these horrific declines which no one around here knows much about kick in? Where are the breadlines and gas rationing?

None of these are reasonable things to ask for a year after Peak, are they?


Ok I see :) Nice idea:) I too think that the impact of PO will not be instant. So one or five years is a no timescale :) Whether Deffeys was right... well lets leave it..

Tell me, what is your personal assessment of PO impact on the society, scaled from No Event to Total Wreckage
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Re: value of stamps, oil paintings, antiques etc after PO

Postby Fergus » Sat 21 Oct 2006, 13:35:19

Its worth will be determined buy the buyer/trader. To me a stamp is not worth the printed value on it. I dont collect em, so there worthless to me. If you came to my farm after TSHTF with a book of stamps to trade for a meal and place to stay. I might give you a hunk a bread and the barn for a night out of the goodness of my heart, but your stamps wont buy a straw of hay or a glass of water.

As far as collectors, you can find them so long as you have the means. But when TSHTF, whos gunna value a stamp, baseball card or a painting/statue. Only the very wealthy that are not effected by PO, and have all the influence in the area.

Hard to say what a stamp, baseball card or something like that would be worth after TSHTF. Gold and other metals will always have a certain value. Food, services, knowledge and experience will always have value. Intangibles like autographs, stamps and such, I just have no idea. But when TSHTF, what means will you have to sell the collectable? There wont be a Card shop, Christies auction house and maybe not the internet. Who you gunna sell it too when you back down to your local city with no outlets as your universe?

I suppose it depends on how hard/soft the crash is. But I would watch it closely and be ready to sell ASAP if your intentions are to sell. Somethings got to give pretty soon and we will all find out in the next decade I think.
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Re: value of stamps, oil paintings, antiques etc after PO

Postby Vexed » Sat 21 Oct 2006, 14:19:03

Wow, so the general consensus seems to be sell your unique tangible assets, buy a bunker, and settle in for the hard landing that may or may not be just around the corner.

Hmmmm.

Are there any other reasons why a person might look at getting out of investments in unique objects other than the end of the world?
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Re: value of stamps, oil paintings, antiques etc after PO

Postby ReserveGrowthRulz » Sat 21 Oct 2006, 14:58:33

$this->bbcode_second_pass_quote('pstarr', 'R')GR is trolling for an argument. He is capable of turning any conjecture into a judgement against "dooming."


I'm capable of alot more than that, but in order to expand ones horizons, it requires more of a world view than "well, Ruppert said Peak was 5 years ago, its time to roll over and die now" which is mostly the standard mindset around here.

The good news is, if you buy into the chicken little arguement hook line and sinker, you will find a large cheerleading section to console you on not being able to evaluate anything for yourself.

$this->bbcode_second_pass_quote('pstarr', '
')
I say dump the stuff for solar panels or something that will bring you pride in the present and a possible investment for the future.


I agree with PStarr when he isn't proclaiming that the sky is falling. Solar panels to charge batteries and create electrcity, electricity and water to create hydrogen, hydrogen for the car and whatever other combustion needs to run the home, presto.

Saw it on the news last night. $150G to build the prototype.

I'll bet the Doomers turned it off half way through.
So....heading into our 3rd year post peak and I'm still getting caught in traffic jams!! DieOff already!
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Re: value of stamps, oil paintings, antiques etc after PO

Postby ReserveGrowthRulz » Sat 21 Oct 2006, 19:44:26

$this->bbcode_second_pass_quote('Gideon', 'R')GR:

$this->bbcode_second_pass_quote('', '"')well, Ruppert said Peak was 5 years ago, its time to roll over and die now" which is mostly the standard mindset around here.


I've been here just a short bit. My observations, apparantly, differ from yours.


My observations pertaining to Doomers started in the late 70's. They are more strident as of late, with the recent drop in prices.
So....heading into our 3rd year post peak and I'm still getting caught in traffic jams!! DieOff already!
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Re: value of stamps, oil paintings, antiques etc after PO

Postby ReserveGrowthRulz » Sat 21 Oct 2006, 19:46:14

$this->bbcode_second_pass_quote('pstarr', '
')
and RGR, cars don't run on hydrogen alone. you need a little carbon in the mix to make it into gasoline hello? That's what is running out, if you haven't noticed. :razz:


The guy on the news last night was running his car on HYDROGEN, some old Ford Taurus it looked like. No gasoline involved there. I imagine there was motor oil in it though.

Didn't you catch the news PStarr? $150G's, the guy was completely off grid, had hydrogen storage tanks stacked up in his backyard, the whole deal. It was quite interesting.
So....heading into our 3rd year post peak and I'm still getting caught in traffic jams!! DieOff already!
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Re: value of stamps, oil paintings, antiques etc after PO

Postby joewp » Sat 21 Oct 2006, 20:00:58

$this->bbcode_second_pass_quote('ReserveGrowthRulz', '')$this->bbcode_second_pass_quote('pstarr', '
')
and RGR, cars don't run on hydrogen alone. you need a little carbon in the mix to make it into gasoline hello? That's what is running out, if you haven't noticed. :razz:


The guy on the news last night was running his car on HYDROGEN, some old Ford Taurus it looked like. No gasoline involved there. I imagine there was motor oil in it though.

Didn't you catch the news PStarr? $150G's, the guy was completely off grid, had hydrogen storage tanks stacked up in his backyard, the whole deal. It was quite interesting.


How much petroleum and other fossil fuels enabled this "off the grid" lifestyle? What energy went into cracking that hydrogen from water? His "off the grid" status is only workable assuming the petroleum infrastructure already in place.

And if "reserve growth rules" what do you care about hydrogen? Isn't your moniker assuring us that reserves will always grow to meet demand? I just hope you're still around in a few years to take your lumps and admit your cornucopian views were wrong, but I doubt it.
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Re: value of stamps, oil paintings, antiques etc after PO

Postby The_Toecutter » Sat 21 Oct 2006, 20:39:15

I could go off-grid for much cheaper. Perhaps $50,000 altogether, and still have comforts like an automobile, air conditioning, and refrigeration. All renewable.

Cost to build 100 mile range battery-electric sports car: $12,000
Used small trailer: $10,-000-15,000
3 acres of land in the middle of nowhere: $5,000
Enough wind/solar systems to provide 10 kWh/day: $10,000 (I may not even need half that, including the amount the car would use.)

Leave some extra for furnishings, guns, tools, bicycle, a good biomass sterling generator...

I could basically grow hemp on my own land, run the sterling generator off of it to provide backup electricity, and when I need to go to town to pick up some goods or want to do some racing, that's what the electric car would be for.

My ecological footprint would be about 1 hectare. Post-peak, if what the most pessimistic of doomers are saying will be true, I will be living the high life.
The unnecessary felling of a tree, perhaps the old growth of centuries, seems to me a crime little short of murder. ~Thomas Jefferson
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