bullion is a valuable thing to have
gold or silver coins are the official money of a country
so usually less counterfeiting because of the gov laws
coins are more easily identified and have strict content that everyone knows
coins are legal tender
a one ounce gold eagle has a value of $50 by the gov
if you sell something for one gold eagle you could claim you only got $50
you might want to give someone some of your money before you die
so maybe give them say $1000
do the math
if you send a gold eagle to the irs to pay your taxes
they will credit you $50
it is legal tender and has a value of $50
if you pay them with pre 1964 dimes
they will credit you 10 cents for every one
they will inflate the supply of fiat dollars until the value of them is zero
hello venzuala
online copy of a book written in 1876
by a man who was a collage professor at age 25 and the first dean of cornel university
fiat money inflation in france
andrew dickson white
this was read to congress and the senators in 1876 so it is easy to understand kek
explains how money printing in france lead to all kinds of problems in 1790
starvation, infrastructure collapse, business failings
guilitining of the king
by 1786 one gold franc was worth 600 paper ones
a year ago here in the us a silver dime was worth 12 paper ones
it will now cost you 24 paper dimes = $2.40
next year ??
it seems like flags used to be only flown at half staff if someone like the president died
maybe in your state for a govenor
now they are down half the time
but flying all the government flags at half staff for dead asian hookers looks like a new low
nice
for anyone wanting to find values for coins see
coinflation.com
(it will tell you the metal value not collector value)
a pre 1964 half dollar has .3617 troy oz of silver
todays value for the silver is $9.50
a current half dollar has 11 cents metal value