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What if silver was put back into circulation?
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<p>[QUOTE="softmentor, post: 1433042, member: 10469"]I like the idea, but not as a $5 as that is too small a denomination for today's silver prices. I's like to see new 40% silver; $50 and $100 coins. The $50 smaller than today's 50c, maybe just a bit bigger than a quarter, and the $100 a bit bigger than the $50. Do the $5 (and a $1) in copper, smaller than the current small dollars. To have any staying power and to last in circulation for a decade or more, the real value needs to be about 1/2 or less of the face value. Given average inflation of 3 to 4% over time.[/QUOTE]</p><p><br /></p>
[QUOTE="softmentor, post: 1433042, member: 10469"]I like the idea, but not as a $5 as that is too small a denomination for today's silver prices. I's like to see new 40% silver; $50 and $100 coins. The $50 smaller than today's 50c, maybe just a bit bigger than a quarter, and the $100 a bit bigger than the $50. Do the $5 (and a $1) in copper, smaller than the current small dollars. To have any staying power and to last in circulation for a decade or more, the real value needs to be about 1/2 or less of the face value. Given average inflation of 3 to 4% over time.[/QUOTE]
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