Well if you want to get really picky... then you can sell (redeem) your 90% silver $1 Silver Dollars at today's melt price which today is slightly over $5 per ounce ... and you can melt down those 90% gold $1, $2.50, $5, $10 & $20 Gold pieces that you have stashed under your bedroom floorboards that you didn't turn into the government in 1933 when this country went off the gold standard, for the price of gold which today is over $250 per ounce.

The bottom line is that I believe they are considered to be "obsolete" by most folks ... which is what I thought we were discussing in this thread. You obviously think that they are not obsolete and I think they are. So who's correct? Any referees out there?

This may be a good subject to bring up at my next local coin club meeting. "Are gold and silver coins obsolete?" Anyone wanna bet what the overwhelming response will be?