Message:

<p>[QUOTE=&quot;19Lyds, post: 1426534, member: 15929&quot;]News Flash!</p><p><br /></p><p>The Morgan and Peace Silver dollars were NEVER regularly circulating coinage &quot;except&quot; for in the gaming casino&#039;s. Even then, a dollar was a LOT of money.</p><p><br /></p><p>When I was a small boy in the mid 50&#039;s, my folks brought back some Morgan&#039;s from Reno, Nevado (The only legal Gambling Joint in the Country). With that one dollar, I was able to purchase 9 full size candy bars and still get a nickel and a Franklin Half Dollar in change. Todays equivalent coin would be a $20 coin.</p><p><br /></p><p>Another thing to consider, &quot;when&quot; dollar coins were made, a single $20 roll, could have purchased 4 (if not more) 20 gallon fill ups at the service station OR, it represented 2/3 of the monthly rent on a Studio Apartment. Hamburgers were about 15 cents each if not cheaper. Dinner out for a family might have run $7 with tip!</p><p><br /></p><p>Unfortunately, dollar coins have never been popular at local merchants since the quarter and half dollar were &quot;usually&quot; the largest denomination of coin to fill most cash registers. Dollar Bills ruled as they do today. Matter of fact, the ONLY reason banks carried Morgan or Peace Silver Dollars was that each one dollar bill was printed with the following words:</p><p><br /></p><p>[ATTACH]174030.vB[/ATTACH]</p><p><br /></p><p>If those words had not been there, Silver Dollars would not have been available at any Federal Reserve Member Bank. Just like they aren&#039;t today.</p><p><br /></p><p>England has 1 pound and 2 pound coins. All the European counties have one euro and two euro coins. Canada has the looney and the tooney. For each of the above countries, the ONLY way that these coins could ever exist is whe the sponsoring country eliminated the paper bill equivalent. </p><p><br /></p><p>Hopefully, the good ole US of A will one day eliminate the dollar bill and adopt the dollar coin. When that happens, then the dollar coin will be widely used both as a coin for change and as a collectible.</p><p><br /></p><p>As for your last comment, &quot;If you could only go back in time.....&quot;, it&#039;s a great idea but unfortunately the economy would be the same and you probably ould not be able to afford stashing Morgan Dollars away for the future.</p><p><br /></p><p>My advice is, if you&#039;re interested in Dollar coins, start collecting them now or at the very minimum, start looking at them now and setting aside the good ones because it won&#039;t be 20 years before some of those good one&#039;s aren&#039;t so widely available any longer.[/QUOTE]</p><p><br /></p>

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