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Would it be feaseable to have circulating silver?
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<p>[QUOTE="Clawcoins, post: 2716097, member: 77814"]You have to have a combination where it would make it Economically against valuation. It would have to be mostly copper, and the middle part would have to be much much smaller. Say $1 worth of Silver & copper combined for a $10 piece, and then billions produced so hoarding them makes no sense, and collecting them makes no sense due to quantity and return of value of separating the metals versus face value of a general circulated coin.</p><p><br /></p><p>Also, that "$10" coin sells for over $700 dollars due to the PM value.</p><p>Now if it was a $5,000 face value coin ... would you be collecting it for the PM value?</p><p><br /></p><p>This is where you have to throw out your equation of the face value must equal the PM value. You have to break that economic incentive for hoarders and collectors.[/QUOTE]</p><p><br /></p>
[QUOTE="Clawcoins, post: 2716097, member: 77814"]You have to have a combination where it would make it Economically against valuation. It would have to be mostly copper, and the middle part would have to be much much smaller. Say $1 worth of Silver & copper combined for a $10 piece, and then billions produced so hoarding them makes no sense, and collecting them makes no sense due to quantity and return of value of separating the metals versus face value of a general circulated coin. Also, that "$10" coin sells for over $700 dollars due to the PM value. Now if it was a $5,000 face value coin ... would you be collecting it for the PM value? This is where you have to throw out your equation of the face value must equal the PM value. You have to break that economic incentive for hoarders and collectors.[/QUOTE]
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