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<p>[QUOTE=&quot;Clawcoins, post: 2605189, member: 77814&quot;]Gresham&#039;s Law ??</p><p><br /></p><p>egads</p><p>Current ASEs facevalue is $1.00</p><p>Gold/Platinum Eagles .. $2.50, $5, $10, $20, $50, $100</p><p>are people melting those down ?</p><p><br /></p><p>The &quot;law&quot; was defined to identify the transition from PM based coinage to other metal based coinage in the 1500s (or something like that for th English Shilling) for the gov&#039;t to increase their profit on making money.&nbsp; Of course the US early coinage to today was similar especially after FIAT movements.</p><p><br /></p><p>Of course, with the example of the ASE, AGE, APEs etc the value is NOT the face value, but the PM value.&nbsp; And Gresham&#039;s law never takes into account more modern things, such as Numismatic valuations.</p><p><br /></p><p>Either or .. it is an old, outdated concept and not a law.[/QUOTE]</p><p><br /></p>

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