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<p>[QUOTE=&quot;fatima, post: 1426934, member: 22143&quot;]Silver dollars did not circulate much in the 19th century because one coin represented several days worth of pay.&nbsp;&nbsp; The average salary in 1900 was $8/week. So 8 of these was a week&#039;s wages.&nbsp; In today&#039;s terms, assuming average salary is $50,000, this would be the same as walking around with a $120 coin in your pocket.&nbsp; Most of the public would not do this.&nbsp;&nbsp; </p><p><br /></p><p>This is why people didn&#039;t walk around with them in their pockets.&nbsp; It wasn&#039;t because they were not popular but because they were so valuable relative to earnings.&nbsp; Silver dollars were a store of wealth in those days and not something used for general commerce.&nbsp;&nbsp; The value of the coin was in the silver and it didn&#039;t matter to the people what was stamped on it.&nbsp;&nbsp; </p><p><br /></p><p>Today in the 100% fiat world, this concept doesn&#039;t exist so a coin the size of a silver dollar isn&#039;t of much use.&nbsp; It&#039;s not because people don&#039;t like $ coins, but it is because such a heavy coin doesn&#039;t have any value relative to its inconvenience.&nbsp; Ike dollars were not unpopular because Ike was stamped on them, but rather, because the $ had become debased so much by that point they were not convenient to use.&nbsp;&nbsp; It took a lot of the heavy coins to buy something. </p><p><br /></p><p>This is the real reason that people won&#039;t use $ coins now, it&#039;s why they don&#039;t use 50 cent pieces now.&nbsp; They are practically worthless compared to the inconvenience of using them.&nbsp;&nbsp; I was at a transit station a few weeks ago and bought a $3 ticket for the train with a $20.&nbsp; The machine returned 17 dollar coins.&nbsp; Put that in your pocket and try to walk around.&nbsp;&nbsp; LOL&nbsp;&nbsp; </p><p><br /></p><p>I think the OP made a good topic and it&#039;s for the reasons that I mention that I don&#039;t think you will see a return to the old currency, barring a currency collapse or something similar.&nbsp;&nbsp; In the fiat world, of infinite $ creation, they don&#039;t provide any utility.[/QUOTE]</p><p><br /></p>

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