Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
I want to make some money...American Silver Eagles
>
Reply to Thread
Message:
<p>[QUOTE="sakata, post: 2877980, member: 23778"]Of course not. It will be the same as every other country which has gone through it. A few zeros will be knocked of the end. Or, if the parallel is Weimar, a few dozen. $100 will become one new dollar and we will start all over again.</p><p><br /></p><p>I read somewhere, several years ago, this in such a scenario many countries don't bother to devalue coins, just paper because it is not worth the time and effort due to the small percentage of circulating money being in coin: one old quarter is worth one new quarter. Many do of course. But if they don't then keeping coins is equivalent to keeping value. I have no idea whether the claim is true but it should be possible to check. I just never had time to do so.[/QUOTE]</p><p><br /></p>
[QUOTE="sakata, post: 2877980, member: 23778"]Of course not. It will be the same as every other country which has gone through it. A few zeros will be knocked of the end. Or, if the parallel is Weimar, a few dozen. $100 will become one new dollar and we will start all over again. I read somewhere, several years ago, this in such a scenario many countries don't bother to devalue coins, just paper because it is not worth the time and effort due to the small percentage of circulating money being in coin: one old quarter is worth one new quarter. Many do of course. But if they don't then keeping coins is equivalent to keeping value. I have no idea whether the claim is true but it should be possible to check. I just never had time to do so.[/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
>
Bullion Investing
>
I want to make some money...American Silver Eagles
>
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...