silver certificates

with the price of silver at $16.79 today and all the adds that are
wanting to buy your pre 1964 coins are pretty common now.saw one today
that there buying silver certificates also.any clue what they woud
give you for a face $1.00 silver note? hope you get the idea tks Jens

On Feb 3, 9:39*am, JR wrote:
with the price of silver at $16.79 today and all the adds that are
wanting to buy your pre 1964 coins are pretty common now.saw one today
that there buying silver certificates also.any clue what they woud
give you for a face $1.00 silver note? hope you get the idea tks *Jens

You can get an idea of prices on eBay.

There is no prospect that the treasury will exchange them for silver
(or gold - there were also gold certificates). They are priced on
rarity and condition (and possibly a few historical points).

On Feb 3, 2:39*am, JR wrote:
with the price of silver at $16.79 today and all the adds that are
wanting to buy your pre 1964 coins are pretty common now.saw one today
that there buying silver certificates also.any clue what they woud
give you for a face $1.00 silver note? hope you get the idea tks *Jens

The Treasury gave everybody a chance to redeem their silver
certificates up to a certain date - back in mid-1968. After that,
tough titty.

You are only forty years too late; no current Treasury official is
probably even aware that the U.S.A. once had a precious metal
coinage. The ignorance is that bad.

I have an octogonal-shaped commemorative medal made to mark the end of
the redemption of silver certificates, supposedly struck from silver
obtained from redeeming silver certificates. Indeed, I may have two
of them.

The Treasury paid out granular silver in small baggies at the very
end, as silver coins had already passed out of circulation.

oly

"oly" wrote in message
The Treasury paid out granular silver in small baggies at the very
end, as silver coins had already passed out of circulation.

oly

Which is a bunch of hogwash from the Treasury, because they had millions of
silver dollars, even CC silver dollars sitting around in vaults, but they
were holding on to the day when they could sell them for more when they did
the GSA sales in the early 1970's. Some silver dollars were even making a
first light appearance in the 1980's.

I don't get the idea. Go back to grammar school.

Tony

"JR" wrote in message
...
with the price of silver at $16.79 today and all the adds that are
wanting to buy your pre 1964 coins are pretty common now.saw one today
that there buying silver certificates also.any clue what they woud
give you for a face $1.00 silver note? hope you get the idea tks Jens


--
Posted via a free Usenet account from http://www.teranews.com

On Feb 3, 10:57*am, "scottishmoney" wrote:
"oly" wrote in message
The Treasury paid out granular silver in small baggies at the very
end, as silver coins had already passed out of circulation.
oly

Which is a bunch of hogwash from the Treasury, because they had millions of
silver dollars, even CC silver dollars sitting around in vaults, but they
were holding on to the day when they could sell them for more when they did
the GSA sales in the early 1970's. *Some silver dollars were even making a
first light appearance in the 1980's.

Gee, what is it with today's Scotsmen and money??? I thought the
Scots were supposed to be smart with a penny??? First, G. Brown sells
half of the Bank of England's gold for $290 per troy ounce and now you
think this would have been a good idea too??? The U.S. Treasury
played their cards rather well, although the action they were taking
back in 1968 was something rather less than honorable.

In 1973, the Treasury/ GSA got $35 per for the C.C. silver dollar
coins and $10 or $12 for the oddball common stuff dollars. Even
today, in constant purchasing power terms, the 1882, 1883 and 1884 CC
dollars aren't worth very much more than what the Treasury sold them
for 35 years ago. How would paying these coins out for a paper buck
have ever been a good idea???

Maybe it's the Scots are parsimonious, not smart. Maybe I am
confused. At any rate, if you act as stupidly with money as you
suggest, maybe you have to be cheap.

oly

oly wrote:
On Feb 3, 10:57 am, "scottishmoney" wrote:
"oly" wrote in message
The Treasury paid out granular silver in small baggies at the very
end, as silver coins had already passed out of circulation.
oly
Which is a bunch of hogwash from the Treasury, because they had millions of
silver dollars, even CC silver dollars sitting around in vaults, but they
were holding on to the day when they could sell them for more when they did
the GSA sales in the early 1970's. Some silver dollars were even making a
first light appearance in the 1980's.

Gee, what is it with today's Scotsmen and money??? I thought the
Scots were supposed to be smart with a penny??? First, G. Brown sells
half of the Bank of England's gold for $290 per troy ounce and now you
think this would have been a good idea too??? The U.S. Treasury
played their cards rather well, although the action they were taking
back in 1968 was something rather less than honorable.

In 1973, the Treasury/ GSA got $35 per for the C.C. silver dollar
coins and $10 or $12 for the oddball common stuff dollars. Even
today, in constant purchasing power terms, the 1882, 1883 and 1884 CC
dollars aren't worth very much more than what the Treasury sold them
for 35 years ago. How would paying these coins out for a paper buck
have ever been a good idea???

Maybe it's the Scots are parsimonious, not smart. Maybe I am
confused. At any rate, if you act as stupidly with money as you
suggest, maybe you have to be cheap.

oly

Down at the beach, a Scotsman and a Jewish guy bet each other a penny on
who could hold their breath under water the longest.
They both drowned.

A Gentle Johnston

"Edwin Johnston" wrote in message
Down at the beach, a Scotsman and a Jewish guy bet each other a penny on
who could hold their breath under water the longest.
They both drowned.

A Gentle Johnston

But nobody lost the bet!

First, G. Brown sells
half of the Bank of England's gold for $290 per troy ounce

US government holds the "stupid" record by funding the
IMF after WWII in gold at $35 per ounce. Numbers I have a

1947 - $688M International Monetary Fund subscription paid in gold.
1953 - $500M International Monetary Fund subscription paid in gold.
1956 - $200M International Monetary Fund subscription paid in gold.
1957 - $600M International Monetary Fund subscription paid in gold.
1959 - $344M International Monetary Fund subscription paid in gold.
$2.332 billion at $35 is 66.63 million ounces given away.




Best Regards, Bob Johnson

Directories
--------------------------------------------------
GOLDSHEET Mining http://www.goldsheetlinks.com
COINSHEET Numismatic http://www.coinsheetlinks.com
OILSHEET Energy http://www.oilsheetlinks.com
--------------------------------------------------

On Feb 3, 6:22*pm, Bob Johnson wrote:
First, G. Brown sells
half of the Bank of England's gold for $290 per troy ounce

US government holds the "stupid" record by funding the
IMF after WWII in gold at $35 per ounce. Numbers I have a

1947 - $688M International Monetary Fund subscription paid in gold.
1953 - $500M International Monetary Fund subscription paid in gold.
1956 - $200M International Monetary Fund subscription paid in gold.
1957 - $600M International Monetary Fund subscription paid in gold.
1959 - $344M International Monetary Fund subscription paid in gold.
$2.332 billion at $35 is 66.63 million ounces given away.

Best Regards, Bob Johnson

Directories
--------------------------------------------------
GOLDSHEET Mining * *http://www.goldsheetlinks.com
COINSHEET Numismatichttp://www.coinsheetlinks.com
*OILSHEET Energy * *http://www.oilsheetlinks.com
--------------------------------------------------

But one could argue that U.S.A. spent this gold wisely. We set up the
beautiful Bretton Woods monetary system (including the IMF) to our
immense national benefit. Three or four perscent of the world's
people (i.e., the U.S.A.) have consumed anywhere from 30% to 50% of
the world's resources since the end of the second world war. Despite
some hitches along the way, we're still doing that, MOL. Neat trick,
huh???

America gets nice goods for nearly 65 years now, much at no real cost
to us, the rest of the world gets more and more toilet paper. That's
what Chas. DeGaulle and Jacques Reuff saw 40 years ago and they were
right. Sweet deal. :)

oly