Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Mr. Douglas

“I would hold ten Morgan silver dollars in my hand and say, back in 1922 these were worth $10. In 1972 they were worth $10. They are now worth $400. What changed?”

Under Lyndon Johnson silver coinage ceased being minted in 1965 and copper-nickel alloy was substituted. Any silver U.S. coin is worth more than face value and its cupronickel equivalent is worth face value only, even the Ike cartwheels.

FWIW I have a few dozen `Peace’ cartwheels in the safe in case of SHTF. Worth around $20.00 each, they are far more negotiable than gold, IMO.


43 posted on 02/14/2017 11:54:48 AM PST by elcid1970 ("The Second Amendment is more important than Islam. Buy ammo.")
[ Post Reply | Private Reply | To 36 | View Replies ]


To: elcid1970

Worth around $20.00 each, they are far more negotiable than gold, IMO.


Yep. That is why it is my PM of choice. And gold is too close to tungsten. Search chinese gold tungsten.

I don’t trust gold.


44 posted on 02/14/2017 11:56:59 AM PST by Mr. Douglas (Best. Election. EVER!)
[ Post Reply | Private Reply | To 43 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson