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What if silver was put back into circulation?
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<p>[QUOTE="imrich, post: 1433795, member: 22331"]<b>A U.S. Mint Produced Circulated Silver Coin Having Bullion Value</b></p><p><br /></p><p><br /></p><p><br /></p><p><b>I believe that such a coin as the OP suggested is currently available in Mint State condition. The coin can be located trading at its melt value. It is designed to legally be exchanged as a legitimate authorized medium. The Silver coin is generally ignored by the average citizen and collectors alike. The coin has greater value than chunks of Silver currently being produced by the mint, generally not intended for circulation, commanding a greater purchase price than net sales price.</b></p><p><b><br /></b></p><p><b>These coins are readily available, and haven't produced any significant disruption in the U.S. economic cycles.</b></p><p><b><br /></b></p><p><b>They are called a pre-1965 U.S. Silver quarter-dollar.</b></p><p><b><br /></b></p><p><b>I still purchase/sell these coins as the U.S. economy advances and subsides, while many of my associates have acquired and retained the newly minted Silver Eagle "coins" which they haven't been able to convert for their gross investment.</b></p><p><b><br /></b></p><p><b>I suggest that a new Silver coin would have little economic effect other than to enrich the government, and some "dealers". </b></p><p><b><br /></b></p><p><b>JMHO based on historical evidence. </b>:thumb:[/QUOTE]</p><p><br /></p>
[QUOTE="imrich, post: 1433795, member: 22331"][b]A U.S. Mint Produced Circulated Silver Coin Having Bullion Value[/b] [B]I believe that such a coin as the OP suggested is currently available in Mint State condition. The coin can be located trading at its melt value. It is designed to legally be exchanged as a legitimate authorized medium. The Silver coin is generally ignored by the average citizen and collectors alike. The coin has greater value than chunks of Silver currently being produced by the mint, generally not intended for circulation, commanding a greater purchase price than net sales price. These coins are readily available, and haven't produced any significant disruption in the U.S. economic cycles. They are called a pre-1965 U.S. Silver quarter-dollar. I still purchase/sell these coins as the U.S. economy advances and subsides, while many of my associates have acquired and retained the newly minted Silver Eagle "coins" which they haven't been able to convert for their gross investment. I suggest that a new Silver coin would have little economic effect other than to enrich the government, and some "dealers". JMHO based on historical evidence. [/B]:thumb:[/QUOTE]
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What if silver was put back into circulation?
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