« Is there any honest doubt that Hillary is even duller than Gore and even more puffed up than Kerry? | Main | No nonrenewable resource has ever run dry, while renewable resources—whales, cod, forests, passenger pigeons—have frequently done so. »

March 14, 2015

Spare Change?

potd_dollar_3231550k.jpg

A Sotheby's employee holds an American 1804 silver dollar, estimated to be worth between 8 and 10 million United States Dollars, -- Telegraph

Posted by gerardvanderleun at March 14, 2015 10:19 AM. This is an entry on the sideblog of American Digest: Check it out.

Your Say

Back when the United States issued real money in conformity to the Constitution which simply does not authorize fiat money, or the legal tender laws.

Posted by: Fat Man [TypeKey Profile Page] at March 14, 2015 11:00 AM

A lot of stuff was real back then.
Now everything is plastic, 'specially the people.
I was born in the wrong century.

Posted by: ghostsniper [TypeKey Profile Page] at March 14, 2015 1:21 PM

I'm skeptical that any collectable has increased in price by EIGHT MILLION TIMES in just under 200 years.

Posted by: Christopher Taylor [TypeKey Profile Page] at March 14, 2015 7:01 PM

That's because they didn't make very many of them and then they stopped in 1805. How strange.

Posted by: Vermont Woodchuck [TypeKey Profile Page] at March 15, 2015 3:09 AM

Coins, postage stamps, diamonds all have artificial value. Just like Cadillac El Dorado hub caps.
I read somewhere that each of those old coins was hand-engraved.

Posted by: chasmatic [TypeKey Profile Page] at March 15, 2015 7:46 AM

Sure, they're rare, they are hand made, and they are nice. They are a special collectable.

I'll buy ten thousand times as much. Maybe even 25 thousand. But Eight million times as much? Ridiculous.

Posted by: Christopher Taylor [TypeKey Profile Page] at March 15, 2015 8:47 AM

Post a comment




Remember Me?

(you may use HTML tags for style)