Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Storage for Peace and Morgan dollars
>
Reply to Thread
Message:
<p>[QUOTE="Vess1, post: 533277, member: 13650"]Many of them stayed in the U.S., even though the government's intent was to use them primarily for trade over-seas. According to this book I just read, they actually became a nuisance in the economy. Nobody wanted them. And some businesses on the west coast took advantage of their foreign employees by paying them in Trade dollars instead of normal dollars. Which most stores reluctantly accepted at a discount. </p><p><br /></p><p> To remedy the problem, eventually the government decided to buy them back at slightly over face value. At which time anybody that could get their hands on them or who were hoarding them in anticipation of this action, gladly turned them back in for a slight profit and the mint melted them down. </p><p> It's not a stretch to say there are more counterfeits than real ones now. I wouldn't buy one that wasn't at least slabbed. Even then, I don't anticipate ever buying one. </p><p><br /></p><p><br /></p><p> As for holders for Peace and Morgan dollars..... for basic circulated ones I love air-tites. For nice ones with luster remaining, I go with Intercept Shield 2x2's.[/QUOTE]</p><p><br /></p>
[QUOTE="Vess1, post: 533277, member: 13650"]Many of them stayed in the U.S., even though the government's intent was to use them primarily for trade over-seas. According to this book I just read, they actually became a nuisance in the economy. Nobody wanted them. And some businesses on the west coast took advantage of their foreign employees by paying them in Trade dollars instead of normal dollars. Which most stores reluctantly accepted at a discount. To remedy the problem, eventually the government decided to buy them back at slightly over face value. At which time anybody that could get their hands on them or who were hoarding them in anticipation of this action, gladly turned them back in for a slight profit and the mint melted them down. It's not a stretch to say there are more counterfeits than real ones now. I wouldn't buy one that wasn't at least slabbed. Even then, I don't anticipate ever buying one. As for holders for Peace and Morgan dollars..... for basic circulated ones I love air-tites. For nice ones with luster remaining, I go with Intercept Shield 2x2's.[/QUOTE]
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
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Storage for Peace and Morgan dollars
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...