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<p>[QUOTE="-jeffB, post: 2681371, member: 27832"]Taking the broadest view, I guess [USER=76863]@baseball21[/USER] and I are in agreement that cash is on its way out. It's just so <i>convenient</i> to swipe or wave something you've always got with you, instead of worrying about getting cash, swapping change, and so on. In the end, in general, convenience trumps any other concerns.</p><p><br /></p><p>I think going back to PMs in coins is a complete non-starter, but [USER=34882]@Blissskr[/USER]'s point about a $100 coin with $17 "intrinsic" value is interesting -- because that's not far off from the current $14 "intrinsic" value of $100 worth of dimes, quarters, and half dollars. To put it another way, if general inflation devalues the dollar by more than seven-fold, <i>all</i> our circulating coins (except those beloved SBAs/Sacs/Presidential dollar coins) will be worth more than face value.[/QUOTE]</p><p><br /></p>
[QUOTE="-jeffB, post: 2681371, member: 27832"]Taking the broadest view, I guess [USER=76863]@baseball21[/USER] and I are in agreement that cash is on its way out. It's just so [I]convenient[/I] to swipe or wave something you've always got with you, instead of worrying about getting cash, swapping change, and so on. In the end, in general, convenience trumps any other concerns. I think going back to PMs in coins is a complete non-starter, but [USER=34882]@Blissskr[/USER]'s point about a $100 coin with $17 "intrinsic" value is interesting -- because that's not far off from the current $14 "intrinsic" value of $100 worth of dimes, quarters, and half dollars. To put it another way, if general inflation devalues the dollar by more than seven-fold, [I]all[/I] our circulating coins (except those beloved SBAs/Sacs/Presidential dollar coins) will be worth more than face value.[/QUOTE]
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