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<p>[QUOTE=&quot;satootoko, post: 232508, member: 669&quot;]There is only one rationale for placing a denomination on what is essentially a bullion coin - to make it &quot;legal tender&quot;.</p><p><br /></p><p>So long as the face value is below the melt value, what earthly difference does it make what that face value is?</p><p><br /></p><p>A 1 oz. silver coin denominated $0.01, and a 1 oz. silver coin denominated $10 will <u>both</u> trade at approximately the bullion value of silver (currently north of $13), so that denomination is totally irrelevant, except to confirm that it is, in fact, NCLT and not a medal.[/QUOTE]</p><p><br /></p>

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