Would it be feaseable to have circulating silver?

Discussion in 'Coin Chat' started by brandon08967, Apr 20, 2017.

  1. Treashunt

    Treashunt The Other Frank


    so, the concept of intelligence is alien to them?
     
  2. Avatar

    Guest User Guest



    to hide this ad.
  3. chrisild

    chrisild Coin Collector

    That feature on the 500 yen coins is a latent image, and that is used on quite a few coins. (Spain introduced it in 1993, for the 500 peseta coins.) Right, the "old" £1 was counterfeited a lot. In the Netherlands some people even established the European Central Mint for that purpose. ;) Between 2006, maybe even earlier, and 2014 the ECM made about 4 million "unauthorized" pound coins, maybe even more. But that is an issue with every coin and note that has a value which makes producing counterfeits attractive ...

    Christian
     
  4. Kentucky

    Kentucky Supporter! Supporter

    I haven't seen anything about it...wonder if they "bit the big one" on all those supposed fake coins?
     
  5. Stork

    Stork I deliver

    Exactly! My google perusal never found 'an answer'. I spent at least 2 hours looking once :wacky:

    Either way they had an embarrassing situation, so TOTALLY GUESSING I'd say there was a settlement with the affected dealer...with a confidentiality clause. Utter speculation but that seems like a plausible reason for no follow up articles (like 'dealer declares bankruptcy' or 'arrests made' or even 'mystery remains unsolved').

    On the plus side, I finally acquired one of the MS versions at the Baltimore show. It's in a slab so I'm going with 'authentic'.

    As for the 500 yen, that is a pretty cool coin. I was lucky enough to go to the mint at Osaka a few years ago and there was a really neat display showing the steps in the production. http://www.starcityhomer.com/500-yen.html
    Sadly I didn't take more/better pictures but at the time I had no idea I'd ever make a webpage...

    Anyway, even with the efforts to defeat counterfeiters it's still a recurring problem given the high face value. https://japantoday.com/category/features/kuchikomi/counterfeit-500-yen-coins-circulating-in-tokai
     
  6. Kentucky

    Kentucky Supporter! Supporter

    Hmmmmmmm...I have some 500 yen coins.
     
  7. SorenCoins

    SorenCoins Well-Known Member

    The 92-95 mexican bimetallic pesos center is silver?
     
  8. Kentucky

    Kentucky Supporter! Supporter

    Some are, some aren't
     
  9. scottishmoney

    scottishmoney Buh bye

    So were the 20 and 50 Peso coins.
     
  10. Conder101

    Conder101 Numismatist

    The 10 pesos and up, not the 1 ,2, or 5 peso.
     
    brandon08967 likes this.
  11. iPen

    iPen Well-Known Member

    This one from 1992-1995 is silver. Not sure why NGC's page doesn't show that it's silver, or at least its silver melt value though.
     
  12. goldcollector

    goldcollector Member

    Why would people hoard them ? There are hundreds of millions of ounces of silver for sale right now at $18 that no one wants. So why hoard a $20 silver coin when you could spend it, buy an ounce of silver and get $1.50 or $2 back ? Of course this is the silver crowd ur talking about so ur probably right.
     
  13. goldcollector

    goldcollector Member

    What the govt should do is circulate a $25 coin with 1/2 ounce of silver which I'm guessing would cost about $15 in total production cost. Let the silver crowd hoard away and just keep making more. The silver crowd would surely see the introduction of circulating silver as proof that silvers horrible oppression is almost over. Let the silver crowd hoard 1_trillion of these coins and use the profit to eliminate the debt. I really want think this should be considered. Yes a small percentage of the silver crowd will realize they could take the $25 coin to their LCS and get 1.5 ounces of silver thus getting triple the silver so when silver goes to $600 they will have $900 instead of $300 but most will hoard away. Then cry about how the manipulators and evil banksters cheated when the POS keeps tanking. Yeah it always has to be some nefarious bad guy, it just couldn't be that silver is just way too easy and cheap to mine.
     
    brandon08967 likes this.
  14. goldcollector

    goldcollector Member

    Where can you go for $5? Tickets alone are $15 here.
     
  15. goldcollector

    goldcollector Member

    /
     
  16. V. Kurt Bellman

    V. Kurt Bellman Yes, I'm blunt! Get over your "feeeeelings".

    You're being ripped off. My favorite spot is $7.
     
    brandon08967 likes this.
  17. -jeffB

    -jeffB Greshams LEO Supporter

    Now all he has to do is find a cheap cab fare to east-central PA.
     
  18. V. Kurt Bellman

    V. Kurt Bellman Yes, I'm blunt! Get over your "feeeeelings".

    You've heard of Uber? Try Unter.
     
    -jeffB likes this.
  19. -jeffB

    -jeffB Greshams LEO Supporter

    Durch.

    (Not sure what the best idiomatic German equivalent would be for "flyover country"...)
     
  20. V. Kurt Bellman

    V. Kurt Bellman Yes, I'm blunt! Get over your "feeeeelings".

    Straßenüberführung Land? Wir schießen sie nieder.
     
  21. Conder101

    Conder101 Numismatist

    My local theater. Well not $5, they're $6, but the Sunday afternoon showing is $4 and senior citizen discount is $4 at other times. (And yes they show first run , opening night films.)
     
Draft saved Draft deleted

Share This Page