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Just got this unsold lot from Monnaie d'Antan....
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<p>[QUOTE="panzerman, post: 2914224, member: 77704"]If you go back in history....</p><p>The first AV Florins/Dukats were struck circa 1200-1300AD/ weight in gold was 3.48g./Yugoslavia struck 4 Dukaten/ 1 Dukat coinage till 1934/ weight was still 3.48/9g. More recently the 1850 USA Double eagle contained 33g. og gold/ last ones in 1933 same weight.Gold was pretty well same price per oz. until 1934. In the 70s it went ballistic/so did inflation. After FDR removed gold coinage from circulation/ confiscated it from private citizens/ started printing paper currency/ inflation set in/ then the government began printing more paper dollars then gold reserves. So, now they are in debt 20 TRILLION DOLLARS++++just Federal debt<img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie56" alt=":inpain:" unselectable="on" unselectable="on" /> Add State/ Municipal/ Personal....Quadrillion? Moral of this story/ world without plastic/paper/bitcoin would equal more stable economies. The Ancients were correct in ONLY striking gold/silver/copper coinage. Plus they are way more fun to collect. </p><p><br /></p><p>John[/QUOTE]</p><p><br /></p>
[QUOTE="panzerman, post: 2914224, member: 77704"]If you go back in history.... The first AV Florins/Dukats were struck circa 1200-1300AD/ weight in gold was 3.48g./Yugoslavia struck 4 Dukaten/ 1 Dukat coinage till 1934/ weight was still 3.48/9g. More recently the 1850 USA Double eagle contained 33g. og gold/ last ones in 1933 same weight.Gold was pretty well same price per oz. until 1934. In the 70s it went ballistic/so did inflation. After FDR removed gold coinage from circulation/ confiscated it from private citizens/ started printing paper currency/ inflation set in/ then the government began printing more paper dollars then gold reserves. So, now they are in debt 20 TRILLION DOLLARS++++just Federal debt:inpain: Add State/ Municipal/ Personal....Quadrillion? Moral of this story/ world without plastic/paper/bitcoin would equal more stable economies. The Ancients were correct in ONLY striking gold/silver/copper coinage. Plus they are way more fun to collect. John[/QUOTE]
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Just got this unsold lot from Monnaie d'Antan....
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