Thread: "Real" Money
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Old January 27th 07, 09:22 PM posted to rec.collecting.coins
note.boy
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Default "Real" Money


"Mr. Jaggers" lugburzman[at]yahoo[dot]com wrote in message
...

"note.boy" wrote in message
...

wrote in message
ups.com...
"Real" money, meaning that the value of the coin is in the
metal, is gone now. Was the USA the last country to coin
real money? If not, which country carried on coinage after
LBJ eliminated silver coinage?

BTW, I do not count legal tender coins like the US $50
gold coin, as it is not expected to be circulated as a
Kennedy half dollar was.

GFH


I would not be surprised if the USA was the last country to coin "real"
money as they have the most backward coin and papermoney on the planet.


So, you've rigorously examined the coin and papermoney of all nations on
the planet and come to this conclusion, eh?

Mr. Jaggers


Prove me wrong by naming a non third world country that has a more backward
coin and papermoney set up.

Who else has ridiculously low face value coins and papermoney in circulation
similar to the one cent coin and the one dollar note?

The UK got rid of the 1/2p coin (roughly equal to the one cent coin) in 1984
and last issued the ten bob note (roughly equal to the one dollar note) in
1967.

The USA is 23 and 40 years behind the UK.

The attractiveness of current USA papermoney from a collecting point of view
is a million miles behind Scottish notes. We have very attractive issues in
a variety of designs/colours and sizes from three different banks that
change fairly regularly. Billy


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