Message:

<p>[QUOTE=&quot;ToughCOINS, post: 2708144, member: 20480&quot;]It was not that gold did not circulate that drove the higher price in greenbacks.&nbsp; It was an as-yet un-established level of trust in the &quot;Greenbacks&quot; . . . a brand new issuance of the federal government to pay the Union Army when the supply of gold had nearly been exhausted.&nbsp; </p><p><br /></p><p>Gold did circulate, but not as much as did silver and copper.&nbsp; It was not the province of the common man, but there is no shortage of low grade gold coins in collections and inventories today.&nbsp; Just look around for high grade examples of conditionally scarce dates, and you&#039;ll see that many cannot be found in un-circulated grades at all . . . sometimes evidence that many were melted, but also that some were truly &quot;working coins&quot;.&nbsp; One exception being the many that were carried for decades as pocket pieces.[/QUOTE]</p><p><br /></p>

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