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<p>[QUOTE="SilverSurfer, post: 822155, member: 21603"]I wonder what people said about the lunatic that saved large cents back in 1850. He was crazy. Maybe they laughed at him. What does a large cent go for now-a-days? People complain about leaving debt to their children. Ever consider leaving your children something to pay for that debt? If you have 30,000 large cents, what could you buy?</p><p><br /></p><p>In the new bill to cut government cost, the Treasury department is seeking to take away the right of congress to mint money and put the discrepancy into the hands of the mint to change the alloy and size of coinage to be more cost effective. If they should decide that pennies or nickels cost too much, they might alter them. They already have altered the penny in 1982 by changing its composition from 95% copper to 2.5% copper, and they made it lighter as well. What if they decide pennies will be made out of steel from now on? What does that do to the copper and zinc pennies that are out there now? How many people thought those hoarding silver coins where weird? At 10-12X face value, I doubt anyone today thinks "junk" silver investing is weird. Imagine if grandpa had the foresight to put away $2000 face in a box for you one day. Would you be happy, or would you call him a crack pot?[/QUOTE]</p><p><br /></p>
[QUOTE="SilverSurfer, post: 822155, member: 21603"]I wonder what people said about the lunatic that saved large cents back in 1850. He was crazy. Maybe they laughed at him. What does a large cent go for now-a-days? People complain about leaving debt to their children. Ever consider leaving your children something to pay for that debt? If you have 30,000 large cents, what could you buy? In the new bill to cut government cost, the Treasury department is seeking to take away the right of congress to mint money and put the discrepancy into the hands of the mint to change the alloy and size of coinage to be more cost effective. If they should decide that pennies or nickels cost too much, they might alter them. They already have altered the penny in 1982 by changing its composition from 95% copper to 2.5% copper, and they made it lighter as well. What if they decide pennies will be made out of steel from now on? What does that do to the copper and zinc pennies that are out there now? How many people thought those hoarding silver coins where weird? At 10-12X face value, I doubt anyone today thinks "junk" silver investing is weird. Imagine if grandpa had the foresight to put away $2000 face in a box for you one day. Would you be happy, or would you call him a crack pot?[/QUOTE]
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