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The Chip Board Archive 20

Gold and silver: the only real money
In Response To: Any real Money Collectors? ()

All paper currency today is "fiat" money whose value is determined by law, not by something of substance that is promised in exchange.

However, people do collect paper currency, just as some fools collect obsolete casino tokens and chips [g].

By the way, there are casino tokens today whose intrinsic value in gold or silver is higher than the original value marked on the token. This includes some "silver premium tokens", and a few high-denomination slot tokens, ususally a $100 or $500. So you could say that some casino issues are closer to "real money" than the stuff the US Mint and the Bureau of Printing and Engraving produce.

Messages In This Thread

Any real Money Collectors?
You might be a little high in your price
Re: You might be a little high in your price
TY Ron, Now I know what that is grin grin
I collect real money just can't get enuf of it!!!
Re: I collect real money just can't get enuf of it
Re: I collect real money just can't get enuf of it
Re: I collect real money just can't get enuf of it
I am real and I Collect Money (50+ years)
Re: I am real and I Collect Money (50+ years)
Al, How long have you been dealing in
Re: Al, How long have you been dealing in
Re: Al, How long have you been dealing in
Re: Al, How long have you been dealing in
Re: Al, How long have you been dealing in
Re: Al, How long have you been dealing in
Gold and silver: the only real money
I agree, price a little high
Re: Gold and silver: the only real money
Re: Gold and silver: the only real money
Sorry Al, I since I don't "know" money...
Re: Sorry Al, I since I don't "know" money...
Please forgive me Al.....
Re: Please forgive me Al.....
US Code
Re: Please forgive me Al.....
Ron, It Looks like a Double Reeor

Copyright 2022 David Spragg