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<p>[QUOTE="imrich, post: 2673767, member: 22331"]I'll try not to confuse you with logic, as I've previously tried that without success. I'll paraphrase, hoping you'll perceive the logic.</p><p><br /></p><p>[USER=23778]@sakata[/USER] stated: "Highly unlikely a coin worth $20 would be made of gold".</p><p><br /></p><p>PARAPHRASED: "Highly unlikely a 2017 Eagle coin worth $1 would be made of Silver" He meant literally what he stated, that he couldn't understand how a coin originally having a stated value/worth could be made of Gold, seemingly not understanding that the coin was produced 168 years ago.</p><p><br /></p><p>I'll now paraphrase your statement to see if it makes sense: "We absolutely can state the gold value of those doesn't even sniff 20 dollar anymore and hasn't for many decades. I believe his statement was saying you aren't going to find any gold coins today for 20 dollars. If it costs you more than the 20 dollar face value to buy, it's worth more than 20 dollars"</p><p><br /></p><p>PARAPHRASED: "We absolutely can state the Copper, Silver, Gold Nickel value of U.S. coins doesn't even sniff their "face value" anymore and hasn't for decades. I believe his statement was saying you aren't going to find any PM coins today for their Face Value. If it costs more than the face value to produce/acquire, it's worth more." My practical statement is that the coins will be worth their face value when the variable PM material of construction varies e.g. when the copper in the cent, nickel in the 5 cent, etc. drops somewhat.</p><p><br /></p><p>Virtually all PM "coins" produced by the U.S. mint are not produced of appropriate materials relative to their "Face Value", and none question the construction material or value (e.g. $1, $5, $10, $25, $50 Precious Metals amount relative to FV). Why question that of a different era that changed in value because of a currency standards change. The day may soon arrive when the worth and FV may be correct. I don't know!</p><p><br /></p><p>JMHO[/QUOTE]</p><p><br /></p>
[QUOTE="imrich, post: 2673767, member: 22331"]I'll try not to confuse you with logic, as I've previously tried that without success. I'll paraphrase, hoping you'll perceive the logic. [USER=23778]@sakata[/USER] stated: "Highly unlikely a coin worth $20 would be made of gold". PARAPHRASED: "Highly unlikely a 2017 Eagle coin worth $1 would be made of Silver" He meant literally what he stated, that he couldn't understand how a coin originally having a stated value/worth could be made of Gold, seemingly not understanding that the coin was produced 168 years ago. I'll now paraphrase your statement to see if it makes sense: "We absolutely can state the gold value of those doesn't even sniff 20 dollar anymore and hasn't for many decades. I believe his statement was saying you aren't going to find any gold coins today for 20 dollars. If it costs you more than the 20 dollar face value to buy, it's worth more than 20 dollars" PARAPHRASED: "We absolutely can state the Copper, Silver, Gold Nickel value of U.S. coins doesn't even sniff their "face value" anymore and hasn't for decades. I believe his statement was saying you aren't going to find any PM coins today for their Face Value. If it costs more than the face value to produce/acquire, it's worth more." My practical statement is that the coins will be worth their face value when the variable PM material of construction varies e.g. when the copper in the cent, nickel in the 5 cent, etc. drops somewhat. Virtually all PM "coins" produced by the U.S. mint are not produced of appropriate materials relative to their "Face Value", and none question the construction material or value (e.g. $1, $5, $10, $25, $50 Precious Metals amount relative to FV). Why question that of a different era that changed in value because of a currency standards change. The day may soon arrive when the worth and FV may be correct. I don't know! JMHO[/QUOTE]
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