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<p>[QUOTE="rick, post: 50926, member: 1235"]It may seem that easy, but the bullion stock that the US government would have to accumulate would, probably, increase the overall demand of silver. Then if silver becomes more valuable than face value, you have the issue of people having it melted down for the metal value of the content - which then messes with the amount of currency floating in a market at any given time... best case scinerio, in that situation, is that the US government can possibly recapture most of the population, and either melt it down for a higher value coin, or revalue it with a counterstamp. Then what? Issue out only half of the previous population, because you've doubled the face value of the coin?</p><p> </p><p>Then, even after you figure all that stuff out, you're left with the problem of popularity - have you ever carried a few one ounce coins in your pocket? If you have a hundred bucks, you'll end up using it to buy a more reliable belt to keep your britches from being yanked down...</p><p> </p><p>I think the only time you would ever see a chance for bullion content in a coin would be in situations of currency revaluation - and that generally happens after economic and monitary decline, so it most likely wouldn't happen then either.[/QUOTE]</p><p><br /></p>
[QUOTE="rick, post: 50926, member: 1235"]It may seem that easy, but the bullion stock that the US government would have to accumulate would, probably, increase the overall demand of silver. Then if silver becomes more valuable than face value, you have the issue of people having it melted down for the metal value of the content - which then messes with the amount of currency floating in a market at any given time... best case scinerio, in that situation, is that the US government can possibly recapture most of the population, and either melt it down for a higher value coin, or revalue it with a counterstamp. Then what? Issue out only half of the previous population, because you've doubled the face value of the coin? Then, even after you figure all that stuff out, you're left with the problem of popularity - have you ever carried a few one ounce coins in your pocket? If you have a hundred bucks, you'll end up using it to buy a more reliable belt to keep your britches from being yanked down... I think the only time you would ever see a chance for bullion content in a coin would be in situations of currency revaluation - and that generally happens after economic and monitary decline, so it most likely wouldn't happen then either.[/QUOTE]
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