Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Circulation Values for Precious Metal coins
>
Reply to Thread
Message:
<p>[QUOTE="Cloudsweeper99, post: 188087, member: 3011"]The solution is to establish a face value higher than the bullion value, increase the face value if necessary to keep the legal tender value higher than bullion value, and never devalue the coins if the price of bullion drops. Then, the coins could contain a substantial amount of silver without being hoarded since silver bars and bullion would always be cheaper. For example, nobody in their right mind would hoard a $50 face value one ounce silver coin when a silver eagle is cheaper. Mexico has entertained a couple of proposals for reintroducing silver coinage along these lines, but I doubt it will go anywhere.[/QUOTE]</p><p><br /></p>
[QUOTE="Cloudsweeper99, post: 188087, member: 3011"]The solution is to establish a face value higher than the bullion value, increase the face value if necessary to keep the legal tender value higher than bullion value, and never devalue the coins if the price of bullion drops. Then, the coins could contain a substantial amount of silver without being hoarded since silver bars and bullion would always be cheaper. For example, nobody in their right mind would hoard a $50 face value one ounce silver coin when a silver eagle is cheaper. Mexico has entertained a couple of proposals for reintroducing silver coinage along these lines, but I doubt it will go anywhere.[/QUOTE]
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
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Circulation Values for Precious Metal coins
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...