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#1
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100 dollar coins
Why is it that we don't have 10, 20, 50 or even 100 dollar coins that
trade at face value and don't have be bought as "collectors' items, eg. the gold eagle coins that a person must pay bullion + artistic value for? They would be easy to carry (wouldn't have to have so many) and would be great for hoarding, like in the old days. |
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#2
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100 dollar coins
On Feb 20, 11:06 pm, "kathy1945" wrote:
Why is it that we don't have 10, 20, 50 or even 100 dollar coins that trade at face value and don't have be bought as "collectors' items, eg. the gold eagle coins that a person must pay bullion + artistic value for? They would be easy to carry (wouldn't have to have so many) and would be great for hoarding, like in the old days. Ever found a little change in the couch cushions or between the car seats? Ever wonder how it got there? A hundred dollar coin or two going missing like that could make a person rip up some perfectly good furniture Just a little something to think about. Ric B. |
#3
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100 dollar coins
Too easy to fake, if coins were produced with the high face values that you
mention the number of fakes being produced would very quickly exceed the production by the mint. Billy "kathy1945" wrote in message oups.com... Why is it that we don't have 10, 20, 50 or even 100 dollar coins that trade at face value and don't have be bought as "collectors' items, eg. the gold eagle coins that a person must pay bullion + artistic value for? They would be easy to carry (wouldn't have to have so many) and would be great for hoarding, like in the old days. |
#4
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100 dollar coins
A hundred dollar coin or two going missing like that could make a person rip up some perfectly good furniture I can dig it, but I'm pretty careful with $100 bills and a little cavalier with the ones. Wouldn't you just adjust your thinking? |
#5
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100 dollar coins
?Wouldn't you just adjust your thinking?
Yes, but most people can't do that. That's why Oprah is so popular. |
#6
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100 dollar coins
On Feb 21, 5:50 am, "note.boy" wrote:
Too easy to fake, if coins were produced with the high face values that you mention the number of fakes being produced would very quickly exceed the production by the mint. Billy They already fake our bills. Remember the times when 20's and 100's wouldn't be accepted, and even when they are, they got marked to death. Surely they could come up with ways to counterfeit-proof (more or less) the coins, equivalent to the off-center, color, holographic methods used on bills. What about embedded computer or magnetic chips or something like that? I sure would like such a compact AND almost indestructible way to keep money. |
#7
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100 dollar coins
"kathy1945" wrote in message oups.com... On Feb 21, 5:50 am, "note.boy" wrote: Too easy to fake, if coins were produced with the high face values that you mention the number of fakes being produced would very quickly exceed the production by the mint. Billy They already fake our bills. Remember the times when 20's and 100's wouldn't be accepted, and even when they are, they got marked to death. Surely they could come up with ways to counterfeit-proof (more or less) the coins, equivalent to the off-center, color, holographic methods used on bills. What about embedded computer or magnetic chips or something like that? I sure would like such a compact AND almost indestructible way to keep money. The USA government won't get rid of the $1 note so there is zero chance of them issuing high denomination coins, I doubt if any country ever will due to the fear of fakes coins being easier to make than fake notes. These high tech suggestions would make the cost of production too high compared to a note. It's difficult to have a high denomination note accepted by a shop keeper, it would be impossible to get them to accept a high denomination coin in payment. Billy |
#8
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100 dollar coins
On Feb 21, 12:06 am, "kathy1945" wrote:
Why is it that we don't have 10, 20, 50 or even 100 dollar coins that trade at face value and don't have be bought as "collectors' items, eg. the gold eagle coins that a person must pay bullion + artistic value for? They would be easy to carry (wouldn't have to have so many) and would be great for hoarding, like in the old days. Unless the coin has intrinsic value like the old gold/silver coinage, what would be the point of hoarding them? |
#9
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100 dollar coins
wrote in message oups.com... ?Wouldn't you just adjust your thinking? Yes, but most people can't do that. That's why Oprah is so popular. Yet people woke up to W and his con game. |
#10
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100 dollar coins
On 20 Feb 2007 21:06:26 -0800, "kathy1945" wrote:
Why is it that we don't have 10, 20, 50 or even 100 dollar coins that trade at face value and don't have be bought as "collectors' items, eg. the gold eagle coins that a person must pay bullion + artistic value for? They would be easy to carry (wouldn't have to have so many) and would be great for hoarding, like in the old days. They're to hard to fold in my money clip. beekeep |
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