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<p>[QUOTE="Collector1966, post: 1089196, member: 17919"]Then I guess we will have to disagree in this regard-- I am firmly of the belief that when a government issues coins for the general public to use in daily transactions, it has a social, moral and ethical obligation to see that no one is "left holding the bag" as it were. Coinage should not be like a game of Old Maid, where the last person holding the "Old Maid" (that is, "demonetized coinage") is the loser. If a country changes its currency unit, it has a social, moral and ethical obligation to see to it that everyone who holds the old coinage can exchange it at any time for the new currency, for as long as is needed, without limitation. Any country that changes or demonetizes its currency on a whim, regardless of prior notice, and limits the redemption period, is cheating its citizens, and everyone else who holds the old currency. I don't understand how someone could believe otherwise.[/QUOTE]</p><p><br /></p>
[QUOTE="Collector1966, post: 1089196, member: 17919"]Then I guess we will have to disagree in this regard-- I am firmly of the belief that when a government issues coins for the general public to use in daily transactions, it has a social, moral and ethical obligation to see that no one is "left holding the bag" as it were. Coinage should not be like a game of Old Maid, where the last person holding the "Old Maid" (that is, "demonetized coinage") is the loser. If a country changes its currency unit, it has a social, moral and ethical obligation to see to it that everyone who holds the old coinage can exchange it at any time for the new currency, for as long as is needed, without limitation. Any country that changes or demonetizes its currency on a whim, regardless of prior notice, and limits the redemption period, is cheating its citizens, and everyone else who holds the old currency. I don't understand how someone could believe otherwise.[/QUOTE]
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