Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Is the government destroying Morgan Silver Dollars?
>
Reply to Thread
Message:
<p>[QUOTE="Philly Dog, post: 214203, member: 7726"]<b>I was to young in early 60's but wish I had the chance. Here is the story and link</b></p><p> </p><p><a href="http://www.coinresource.com/articles/gsa.htm" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.coinresource.com/articles/gsa.htm" rel="nofollow">http://www.coinresource.com/articles/gsa.htm</a></p><p> </p><p>March, 1964. Day after day, long lines of anxious coin buyers form outside the Federal Reserve Building in Washington, D.C. Each is hoping that his $1,000 purchase of an unopened bag of 1,000 U.S. Silver Dollars will result in what amounts to a modern day treasure trove worth many thousands of dollars. </p><p> </p><p>The outpouring of silver dollars from the U.S. Treasury continues at a staggering pace until it is finally brought to a halt on March 26, 1964. On that day, the Secretary of the Treasury, C. Douglas Dillon, suspends the exchange of silver dollars for silver certificates. Americans can no longer use their greenbacks for the one-to-one purchase of silver dollars from the Treasury! </p><p> </p><p>to read the rest</p><p><a href="http://www.coinresource.com/articles/gsa.htm" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.coinresource.com/articles/gsa.htm" rel="nofollow">http://www.coinresource.com/articles/gsa.htm</a>[/QUOTE]</p><p><br /></p>
[QUOTE="Philly Dog, post: 214203, member: 7726"][B]I was to young in early 60's but wish I had the chance. Here is the story and link[/B] [URL="http://www.coinresource.com/articles/gsa.htm"]http://www.coinresource.com/articles/gsa.htm[/URL] March, 1964. Day after day, long lines of anxious coin buyers form outside the Federal Reserve Building in Washington, D.C. Each is hoping that his $1,000 purchase of an unopened bag of 1,000 U.S. Silver Dollars will result in what amounts to a modern day treasure trove worth many thousands of dollars. The outpouring of silver dollars from the U.S. Treasury continues at a staggering pace until it is finally brought to a halt on March 26, 1964. On that day, the Secretary of the Treasury, C. Douglas Dillon, suspends the exchange of silver dollars for silver certificates. Americans can no longer use their greenbacks for the one-to-one purchase of silver dollars from the Treasury! to read the rest [URL="http://www.coinresource.com/articles/gsa.htm"]http://www.coinresource.com/articles/gsa.htm[/URL][/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
>
US Coins Forum
>
Is the government destroying Morgan Silver Dollars?
>
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...