What is the Federal Reserve?
The Federal Reserve was created on December 23, 1913, during a partial session of Congress. President Wilson signed the bill making it a law. Years later, he would rightfully regret this decision. Many people do not realize that the Federal Reserve is not a government agency, rather a private banking institution, granted special powers by the US Government. The US dollar has lost 98% of its value since the creation of the Fed. To add to that, 1913 also gave us the federal income tax. To remember this dark year in our history, Scent Saver Candles are listed at $19.13. To learn more on the Federal Reserve and our monetary system please watch this video: https://goldsilver.com/hidden-secrets/episode-4/
How much is my silver coin worth?
US dimes, quarters, and half dollars minted before 1965, are made of 90% silver. From 1965-1970 half dollars were made with 40% silver. Because these coins contain silver, they are worth much more than face value. The reason why the silver coin is worth more is due to inflation (an increase in the money supply). Silver, like gold, holds its value over long periods of time. For example, two silver dimes could buy a gallon of gasoline in 1930 and in 2017. FOr this reason Scent Savers puts a real silver coin inside every candle. For updated values of your silver coins visit: http://www.coinflation.com/silver_coin_values.html
What is the price of silver?
The price of silver, in terms of dollars, fluctuates. This is due to people trading 'paper' silver on the market. The physical price is currently tied this price, although physical coins can draw high premiums, especially for non-circulated coins such as the American Silver Eagle that can be found in Scent Savers Candles. Silver prices are listed in ounces. For an up-to-the-minute price of silver visit: http://silverprice.org/
Why are silver and gold valuable?
Gold and silver, unlike fiat currencies, have been valued by humans for thousands of years. Treasures have been found dating back to 4000 B.C. and their use as money is even mentioned in Geniuses, the first book of the Bible. Silver and Gold have seen thousands of currencies come and go, while they retain their value and status as real money. As the dollar continues to lose its value, it's important to preserve your wealth with precious metals. Although Scent Savers Candles come with a real silver coin, you may want to add to your silver stack or diversify into gold. We recommend the following reputable dealers (as well as shopping at your local coin shop): http://www.apmex.com/