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<p>[QUOTE="cmbdii, post: 3936, member: 655"]So, basically what you're saying is "I'm the moderator, so you're wrong. Nyah,nyah,nyah."</p><p><br /></p><p> Any discussion of coins is a discussion of money. Money is a political subject whether you like it or not. </p><p> The Constitution grants Congress the power to coin money with the proviso that no state (and this is a union of states) can recognize anything other than gold and silver coin as money, which sets the requirement that all money be redeemable for those types of coinage. Precious metals are precious because of their scarcity and because of their properties, being referred to by metallurgists as "the noble metals". The idea that they have a mystique of value created solely by chance is incorrect.</p><p><br /></p><p> Congress is not granted the power to hand off any of their powers to any other branch of government, let alone to any cartel of private businesses. For that reason, your vague reference to "constitutional law experts" is meaningless and beside the point. The fact that the modern coinage is intrinsically worthless and that it is produced in massive numbers has a strong bearing on the hobby. </p><p><br /></p><p> There are literally thousands of collectors who have absolutely no interest in modern pot metal coins and paper money, and there is a valid reason for the disinterest in such materials. Those reasons are political and historical.</p><p><br /></p><p> My observation that the new coinage is being produced in vast amounts and that they are made of nearly worthless material as well as my comment on the reason for that production are valid and on point in support of my view that these worthless coins will not be collectible in the same sense that the older, Constitutionally lawful coins of the past are now. </p><p><br /></p><p> If you're so closed-minded as to try to shut down a discussion simply because it offends your political sensibilities then you are willing to deprive participants of a chance to learn and to exchange thoughts. Coin collecting as a hobby is about history, politics and economics. When it becomes a politically correct exercise in dutifully buying examples of every piece of coinage produced by our government, then the hobby will have declined to the level of NASCAR afficianados trading plastic hot wheels cars or Trekkies hoarding their little Red Chinese made plastic dolls. At that point, the hobby will be pretty unattractive to adults.[/QUOTE]</p><p><br /></p>
[QUOTE="cmbdii, post: 3936, member: 655"]So, basically what you're saying is "I'm the moderator, so you're wrong. Nyah,nyah,nyah." Any discussion of coins is a discussion of money. Money is a political subject whether you like it or not. The Constitution grants Congress the power to coin money with the proviso that no state (and this is a union of states) can recognize anything other than gold and silver coin as money, which sets the requirement that all money be redeemable for those types of coinage. Precious metals are precious because of their scarcity and because of their properties, being referred to by metallurgists as "the noble metals". The idea that they have a mystique of value created solely by chance is incorrect. Congress is not granted the power to hand off any of their powers to any other branch of government, let alone to any cartel of private businesses. For that reason, your vague reference to "constitutional law experts" is meaningless and beside the point. The fact that the modern coinage is intrinsically worthless and that it is produced in massive numbers has a strong bearing on the hobby. There are literally thousands of collectors who have absolutely no interest in modern pot metal coins and paper money, and there is a valid reason for the disinterest in such materials. Those reasons are political and historical. My observation that the new coinage is being produced in vast amounts and that they are made of nearly worthless material as well as my comment on the reason for that production are valid and on point in support of my view that these worthless coins will not be collectible in the same sense that the older, Constitutionally lawful coins of the past are now. If you're so closed-minded as to try to shut down a discussion simply because it offends your political sensibilities then you are willing to deprive participants of a chance to learn and to exchange thoughts. Coin collecting as a hobby is about history, politics and economics. When it becomes a politically correct exercise in dutifully buying examples of every piece of coinage produced by our government, then the hobby will have declined to the level of NASCAR afficianados trading plastic hot wheels cars or Trekkies hoarding their little Red Chinese made plastic dolls. At that point, the hobby will be pretty unattractive to adults.[/QUOTE]
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