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<p>[QUOTE="Truble, post: 2862984, member: 80662"]Depends on your reference to "worth". The premise of this thread has left all us baffled by the ramblings of 1 money, 1money in your pocket for safety, etc. Blah, blah, blah</p><p><br /></p><p>Actually I mean this thread is nonsense.</p><p><br /></p><p>If you mean worthless in reference to its stated value then yes. It's melt value is only 80% of its stated value of one cent. If your reference is purchasing power prior to the federal reserve creation in 1913 then yes again because one cent in 1913 had more purchasing power. In reference to a 1913 Silver dollar, it was worth 1/100, today at silver spot price, that one cent should be worth around 13 cents. If your reference is in some weird way you can have safety with 1money in your pocket then again yes.</p><p>Do I support getting rid of the one cent? No. But then I did not know that is what was even close to being discussed???</p><p><br /></p><p>Enjoyed my adult beverage last night in celebration of page 20![/QUOTE]</p><p><br /></p>
[QUOTE="Truble, post: 2862984, member: 80662"]Depends on your reference to "worth". The premise of this thread has left all us baffled by the ramblings of 1 money, 1money in your pocket for safety, etc. Blah, blah, blah Actually I mean this thread is nonsense. If you mean worthless in reference to its stated value then yes. It's melt value is only 80% of its stated value of one cent. If your reference is purchasing power prior to the federal reserve creation in 1913 then yes again because one cent in 1913 had more purchasing power. In reference to a 1913 Silver dollar, it was worth 1/100, today at silver spot price, that one cent should be worth around 13 cents. If your reference is in some weird way you can have safety with 1money in your pocket then again yes. Do I support getting rid of the one cent? No. But then I did not know that is what was even close to being discussed??? Enjoyed my adult beverage last night in celebration of page 20![/QUOTE]
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