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#1
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"Real" Money
"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 |
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#2
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"Real" Money
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 Isn't the value of the current US nickel, and maybe the cent, in the metal they're made of? Maybe not by intention, but........ Bruce |
#3
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"Real" Money
Canada issued silver coinage for circulation (dimes and quarters) as late as
1968. Mexico has been releasing bimetallic silver centered 100 peso coins to banks there since 2003- I don't know if they actually circulate. I'd bet there are probably others out there. -- Posted via a free Usenet account from http://www.teranews.com |
#4
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"Real" Money
On Jan 26, 9:57 pm, "S. Drummond" wrote: Canada issued silver coinage for circulation (dimes and quarters) as late as 1968. Mexico has been releasing bimetallic silver centered 100 peso coins to banks there since 2003- I don't know if they actually circulate. I'd bet there are probably others out there. -- Posted via a free Usenet account fromhttp://www.teranews.com According to Wikipedia, the 20 and 50 peso coins also have silver |
#5
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"Real" Money
wrote:
If not, which country carried on coinage after LBJ eliminated silver coinage? Don't know when that was, but Germany made silver circulation coins until 1974, Austria until 1973, Netherlands until 1967, Switzerland until 1969. Whether you call that "real" money ... after all, the value of these coins was not determined by their metallic composition. All these countries still issue silver collector coins that can be had at face value but do not really circulate ... Christian |
#6
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"Real" Money
"Christian Feldhaus" wrote in message ... wrote: If not, which country carried on coinage after LBJ eliminated silver coinage? Don't know when that was, but Germany made silver circulation coins until 1974, Austria until 1973, Netherlands until 1967, Switzerland until 1969. Whether you call that "real" money ... after all, the value of these coins was not determined by their metallic composition. All these countries still issue silver collector coins that can be had at face value but do not really circulate ... Christian Actually Germany and France made circulating commemorative coins much later than 1974. Germany had 10 mk commems which, while not actively circulating, could be purchased at banks and spent if you wanted to. I found a Carl Zeiss 10 MK coin the other day that I asked for in change somewhere in Bremen when I was there. When I was in Paris back in 2000 it was possible to find 100 FF coins that were silver and ask for them in change, which I did, so I have nice Marie Curie and Tour Eiffel coins. In Netherlands they still release 5 and 10 Euro commems in silver and sell them at post offices and or banks, my contact there has supplied me with practically the whole selection of them And so far, for Germany, Christian himself sent me the 10 Euro commem for Mozart, but so far we are agreeing to pass on this years lousy selection of commems |
#7
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"Real" Money
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. Why do they still have the one cent coin and $1 note as both are an enormous waste of taxpayers money and creates a lot of sorting and transportation expense. Why are all the notes the one colour and size regardless of denomination as this must make the sorting of notes difficult. Why do the notes have little in the way of security features which makes forgery easier. As the congresscritters for the answer. Billy |
#8
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"Real" Money
"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 |
#9
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"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 |
#10
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"Real" Money
Methinks these are all good questions. The answer, I believe, is a fairly
simple one. I think that our leadership believes that our currency has been stable for so long that it represents the symbol of trustworthiness worldwide, and that any attempt to alter that symbolic imagery would be harmful to the fiscal reputation of the US. I would tend to agree if it weren't for the present leadership's cavalier attitude toward the rest of the world today about things that really matter. :-( Aram. ======================= "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 |
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