Message:

<p>[QUOTE=&quot;-jeffB, post: 2126518, member: 27832&quot;]It doesn&#039;t take many.</p><p><br /></p><p>How many times does a coin get spent during its lifespan? 1000? 100,000? More? Less?</p><p><br /></p><p>Suppose that only one person in 100 is looking for &quot;special&quot; coins. (For silver, I imagine that estimate is conservative.) Thing is, it only takes <i>one</i> encounter between a coin and a silver-searcher to take that coin out of circulation. Within a very short time, the probability of that encounter approaches 1 (100% chance that the coin will be removed from circulation).</p><p><br /></p><p>Thus, the <a href="http://en.wikipedia.org/wiki/Gresham%27s_law" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://en.wikipedia.org/wiki/Gresham%27s_law" rel="nofollow">Gresham&#039;s Law</a> mentioned in my profile. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in