Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Has the US ever "demonetized" any currency or coinage?
>
Reply to Thread
Message:
<p>[QUOTE="medoraman, post: 4851311, member: 26302"]Depends on what you consider US. If you start with Constitution, I believe the US is the only country to never demonetize any coins or currency, save for the Trade dollar others described. We have tried to recall certain items, with banks being prohibited to recirculate anything over $100 bills, and I believe fractional currency has to be turned in, but they are still legal tender. </p><p><br /></p><p>If you go back further to the Continental Congress, then of course the Continental Currency was only redeemed for I believe 1 cent on the dollar in bonds.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 4851311, member: 26302"]Depends on what you consider US. If you start with Constitution, I believe the US is the only country to never demonetize any coins or currency, save for the Trade dollar others described. We have tried to recall certain items, with banks being prohibited to recirculate anything over $100 bills, and I believe fractional currency has to be turned in, but they are still legal tender. If you go back further to the Continental Congress, then of course the Continental Currency was only redeemed for I believe 1 cent on the dollar in bonds.[/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
>
Has the US ever "demonetized" any currency or coinage?
>
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...