page_title: Store of value
section_title: Other stores of value
hierarchical_section_title: Store of value / Other stores of value
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context_page_description: A store of value is the function of an asset that can be saved, retrieved and exchanged at a later time, and be predictably useful when retrieved. More generally, a store of value is anything that retains purchasing power into the future.
  The most common store of value in modern times has been money, currency, or a commodity like a precious metal or financial capital. The point of any store of value is risk management due to a stable demand for the underlying asset. Money is one of the best stores of value because of its liquidity, that is, it can easily be exchanged for other goods and services. An individual's wealth is the total of all stores of value including both monetary and nonmonetary assets.
context_section_description: Examples for stores of value other than money are:
  Bonds - value is guaranteed by a legal contract
  Collectibles, e.g. original art by a famous artist or antiques such as ancient artifacts or ancient coinage
  Gemstones
  Gift economy relationships – value is stored as social reputation
  Labor notes (currency)
  Livestock ownership and control (see African currency)
  Fine wine
  Precious metals – ownership in gold, silver, platinum, and palladium
  Real estate – ownership in actual deeds in protectable controllable land
  Stored-value cards – value is physically stored on the cards in the form of binary coded data
  While these items may be inconvenient to trade daily or store, and may vary in value quite significantly, they rarely lose all value. It need not be a capital asset at all, merely have economic value that is not known to disappear even in the worst situation.  The disadvantage for land, houses and property as a store for value is that it may take time to find a buyer for those assets.  In principle, this could be true of any industrial commodity, but gold and precious metals are generally favored, because of their demand and rarity in nature, which reduces the risk of devaluation associated with increased production and supply.
caption: Commodities such as gold are good stores of value
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