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<p>[QUOTE="medoraman, post: 1178337, member: 26302"]Fatima, I strongly disagree with this statement. The reason bust halves are so abundant in high grade is that they were used to back up paper money issued by banks for decades in the early 1800's. People even back then PREFERRED paper currency for daily use. If people ONLY used gold and silver coins for the first 130 years of this country, how do you explain the tens of thousands of different bank notes printed? If people had gold and silver, then why did they accept these? Even when the US started printing paper money, after the civil war when gold and silver was available again, why did people still use US currency and not simply go back to coins? Give people a choice between coins and paper money back by gold and silver, most people will choose the latter I believe. Its true we have now removed the gold and silver backing, the last one removed in 1968, but I do not view paper money as being "forced" on people.</p><p><br /></p><p>Chris[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1178337, member: 26302"]Fatima, I strongly disagree with this statement. The reason bust halves are so abundant in high grade is that they were used to back up paper money issued by banks for decades in the early 1800's. People even back then PREFERRED paper currency for daily use. If people ONLY used gold and silver coins for the first 130 years of this country, how do you explain the tens of thousands of different bank notes printed? If people had gold and silver, then why did they accept these? Even when the US started printing paper money, after the civil war when gold and silver was available again, why did people still use US currency and not simply go back to coins? Give people a choice between coins and paper money back by gold and silver, most people will choose the latter I believe. Its true we have now removed the gold and silver backing, the last one removed in 1968, but I do not view paper money as being "forced" on people. Chris[/QUOTE]
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