Message:

<p>[QUOTE=&quot;kevin McGonigal, post: 4310414, member: 72790&quot;]No, I didn&#039;t quite spend a gold coin at face value but in 1961 I did buy some really nice fishing equipment from a sporting goods store. The price was $20 and I did not have that cash. I told the guy to hold it for me and I would be back in a couple days, that I had to sell a coin or two from my collection to get the money. He asked what I had and would be selling. He saw that I had a liberty head $10 gold piece. He settled for that. I actually had no idea what I could have gotten for the coin elsewhere.</p><p><br /></p><p>My father who was born in 1910 told ne that when he was a little boy he would go with my grandfather every Saturday PM (1/2 day&#039;s work on Saturdays at the Midvale steel plant in Philly) for lunch at the local watering hole. He would get payed by check from the plant and took it, not to the bank, but that corner taproom. He gave the check to the bartender who payed him in coin, less the nickel for the brew. My father loved this because he would chow down on the free pretzels and dip while the financial transaction went on. My father got used to seeing and using gold and silver coin.</p><p><br /></p><p>His first job, at 18, was at the same Midvale steel plant and he too got used to and preferred coin to paper. Now in the depression, he didn&#039;t see many gold coins in circulation and of course after 1933 not at all, but as conditions improved, having lost his savings in a 1932 bank failure, he squirreled away cash in silver dollars and small gold coins. He had some gold dollars and I think a few $2.50 pieces. I can recall finding silver dollars hidden all over the house but never, never were they spent. When he retired, about 1970, his factory, SKF Ball Bearing, also in Philly would give all retirees one hundred silver dollars, real Morgans and Peace dollars. He was asked if he preferred that money as a check and you can imagine what he said. Unfortunately in a house burglary in the mid 1970&#039;s the whole collection was stolen.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in