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<p>[QUOTE="GDJMSP, post: 1009308, member: 112"]Says who ? Just because it says $50 on it doesn't mean anything, it obviously has absolutely nothing to do with the value. And the scenario you describe (where the stated value on the coin is more than the metal value) has already happened in other countries and they refused to redeem the coin for that stated value. Our govt. would do no different.</p><p> </p><p><br /></p><p> </p><p>But they do care. All you have to do see that and prove it is look at the sales of gold and silver medals - hardly anybody ever buys them ! And they never have.</p><p><br /></p><p>People buy the US bullion coins for one reason and only one reason - it is because worldwide the fineness of the metal in the coins is trusted by everybody. They know exactly how much gold or silver they are buying when they buy one. And they trust the gold and silver coins made by the US more than they do the coins, bars etc. made by other nations or private companies.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 1009308, member: 112"]Says who ? Just because it says $50 on it doesn't mean anything, it obviously has absolutely nothing to do with the value. And the scenario you describe (where the stated value on the coin is more than the metal value) has already happened in other countries and they refused to redeem the coin for that stated value. Our govt. would do no different. But they do care. All you have to do see that and prove it is look at the sales of gold and silver medals - hardly anybody ever buys them ! And they never have. People buy the US bullion coins for one reason and only one reason - it is because worldwide the fineness of the metal in the coins is trusted by everybody. They know exactly how much gold or silver they are buying when they buy one. And they trust the gold and silver coins made by the US more than they do the coins, bars etc. made by other nations or private companies.[/QUOTE]
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