Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
The days to come
>
Reply to Thread
Message:
<p>[QUOTE="Juan Blanco, post: 1565430, member: 41665"]I agree with doug444 - I'm no armaggedonist, but as this situation predictably worsens most American collectible "value" will vanish. I suppose junk Silver will then really shine, as M-O-N-E-Y. PMs (bullion) will likewise maintain value better than almost anything else "collectible." As Gold coins are still sold in many banks & bazaars around the world today, intrinsically, it's a safe bet.</p><p><br /></p><p><br /></p><p><br /></p><p>Yes, exactly. Particularly if things get really bad, much worse than now. Look instead to UTILITARIAN value?</p><p><br /></p><p>"Dental Surgery as applied in the Armies of the Late Confederate States" W. Leigh Burton in <u>American Journal of Dental Science</u>, Vol. 1, No. 4 (August, 1867), p.182</p><p><br /></p><p>"Particularly when it is remembered the price of one gold filling in the depreciated currency of the Confederacy, was more than six months pay of a private! <b>The price demanded for gold foil in 1864 and the beginning of 1865 was sixty-four dollars per oz. in gold coin. This amount in confederate money would be, C$ 3,840., for the prevailing price of gold was sixty for one. </b>Having to pay so enormously for materials—the value being enhanced from the fact of their having to run the blockade—the charges of dentists were proportionally high. The charge for a gold filling was C$120.00, for extracting a tooth C$20.00, and for an upper set of teeth on gold or vulcanite base, from C$1,800.00 to C$4,000.00. Let it not be understood that high prices were confined to dentistry alone. It was no uncommon thing to pay $1800.00 for a coat, $300.00 for shoes, $1000. 00 for cavalry boots, and from $300.00 to $500.00 for an ordinary felt hat. A man considered himself lucky in being able to purchase a turkey for $300.00, which was indeed above the gold standard, but confederate money was plentiful and turkeys were scarce, and the scarcity became greater in proportion to the frequency of the raids of Federal commanders, so that before the close of the war it was with difficulty that fowls could be obtained for love or money."[/QUOTE]</p><p><br /></p>
[QUOTE="Juan Blanco, post: 1565430, member: 41665"]I agree with doug444 - I'm no armaggedonist, but as this situation predictably worsens most American collectible "value" will vanish. I suppose junk Silver will then really shine, as M-O-N-E-Y. PMs (bullion) will likewise maintain value better than almost anything else "collectible." As Gold coins are still sold in many banks & bazaars around the world today, intrinsically, it's a safe bet. Yes, exactly. Particularly if things get really bad, much worse than now. Look instead to UTILITARIAN value? "Dental Surgery as applied in the Armies of the Late Confederate States" W. Leigh Burton in [U]American Journal of Dental Science[/U], Vol. 1, No. 4 (August, 1867), p.182 "Particularly when it is remembered the price of one gold filling in the depreciated currency of the Confederacy, was more than six months pay of a private! [B]The price demanded for gold foil in 1864 and the beginning of 1865 was sixty-four dollars per oz. in gold coin. This amount in confederate money would be, C$ 3,840., for the prevailing price of gold was sixty for one. [/B]Having to pay so enormously for materials—the value being enhanced from the fact of their having to run the blockade—the charges of dentists were proportionally high. The charge for a gold filling was C$120.00, for extracting a tooth C$20.00, and for an upper set of teeth on gold or vulcanite base, from C$1,800.00 to C$4,000.00. Let it not be understood that high prices were confined to dentistry alone. It was no uncommon thing to pay $1800.00 for a coat, $300.00 for shoes, $1000. 00 for cavalry boots, and from $300.00 to $500.00 for an ordinary felt hat. A man considered himself lucky in being able to purchase a turkey for $300.00, which was indeed above the gold standard, but confederate money was plentiful and turkeys were scarce, and the scarcity became greater in proportion to the frequency of the raids of Federal commanders, so that before the close of the war it was with difficulty that fowls could be obtained for love or money."[/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
>
US Coins Forum
>
The days to come
>
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...