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Should face value of american eagle be change to higher denomination?.
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<p>[QUOTE="yakpoo, post: 688999, member: 18157"]You are both soooo right!</p><p> </p><p>1. <b>mrbrklyn:</b> Large denomination coins would be nice.</p><p>2. <b>CamaroDMD:</b> No one wants to carry around big coins.</p><p> </p><p>So, we need small sized, large denomination coins. We can't get enough silver into them to equal their denomination...and we wouldn't want to since we have a floating (fiat) currency. </p><p> </p><p>If we made a $50 silver coin the size of a Kennedy half dollar, what would stop a Chinese conterfeiter from making a bundle? <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie5" alt=":confused:" unselectable="on" unselectable="on" /></p><p> </p><p>I think the answer may be imbedded RFID tags. Miniturized, passive RFID tags imbedded in coins could be passively validated and foil counterfeiters.</p><p> </p><p><a href="http://en.wikipedia.org/wiki/Radio-frequency_identification#Miniaturization" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://en.wikipedia.org/wiki/Radio-frequency_identification#Miniaturization" rel="nofollow">http://en.wikipedia.org/wiki/Radio-frequency_identification#Miniaturization</a></p><p> </p><p>There are RFID tags that attach to ants to study their movements. The technology is getting smaller and cheaper everyday. I don't know if anyone as thought of it in connection with coins before...but it may work. :hatch:[/QUOTE]</p><p><br /></p>
[QUOTE="yakpoo, post: 688999, member: 18157"]You are both soooo right! 1. [B]mrbrklyn:[/B] Large denomination coins would be nice. 2. [B]CamaroDMD:[/B] No one wants to carry around big coins. So, we need small sized, large denomination coins. We can't get enough silver into them to equal their denomination...and we wouldn't want to since we have a floating (fiat) currency. If we made a $50 silver coin the size of a Kennedy half dollar, what would stop a Chinese conterfeiter from making a bundle? :confused: I think the answer may be imbedded RFID tags. Miniturized, passive RFID tags imbedded in coins could be passively validated and foil counterfeiters. [URL]http://en.wikipedia.org/wiki/Radio-frequency_identification#Miniaturization[/URL] There are RFID tags that attach to ants to study their movements. The technology is getting smaller and cheaper everyday. I don't know if anyone as thought of it in connection with coins before...but it may work. :hatch:[/QUOTE]
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Should face value of american eagle be change to higher denomination?.
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