In 1964 this was worth half a dollar. Now it's worth ten dollars. What does this say about the fiat currency economy?
In 1964 this was worth half a dollar. Now it's worth ten dollars. What does this say about the fiat currency economy?
Sebastian Wood
Jordan Rogers
It's worth more. The price of silver is being suppressed.
Isaiah Bell
Basically that it’s a worthless scam
Connor Ward
IT MEANS THAT NUMISMATIC VALUE CAN DIFFER FROM FACE VALUE
Andrew Davis
non burger here looking for boomer experience, what could you buy 1964 with that coin?
Jacob Garcia
it's worth more dumb dumb.
silver is being artificially suppressed.
Ryder Reed
it is worth 5.51 melt now, adjusted for inflation it should be at 4.16..... now what?
coinflation.com
Jason Mitchell
us dollar defined as 1/35th a gold ounce from 1933 to 1971
gold to silver ratio in 1964 = 27.33
35/27.33 = $1.28
11x return on silver/usd since 1964
Ryan Rogers
I've got at least $20 worth of Silver Quarters my grandfather gave me when he passed. How much are they word now?
Blake Collins
so already 1964 those 50 cents were worth more in metal than face value?
Nathan Harris
>now what?
what did he mean by this?
Hudson Jackson
It's worth that only to a collector, and there aren't many of those.
Adam Richardson
Anthony Wood
Spot price is irrelevant. By chainlink. XAU/BTC , etc.
Levi Morris
We are all at a wonderful ball where the champagne sparkles in every glass and soft laughter falls upon the summer air. We know, by the rules, that at some moment the Black Horsemen will come shattering through the great terrace doors, wreaking vengeance and scattering the survivors. Those who leave early are saved, but the ball is so splendid no one wants to leave while there is still time, so that everyone keeps asking “What time is it? What time is it?” but none of the clocks have any hands.
I would like to remind everybody that bitcoin is now trading under the ticker symbol BSV, The bitcoin protocol has now been set in stone and that network and only that network is globally scalable and growing with ever more usecases appearing and being developed. If you do want to leave the party please take that carriage, as all other carriages except physical gold and eventually silver will soon turn into onions... I´m already hearing hoofbeats coming, negative oil is just one of those beats, prepare for more.
Oh, and plant a garden. All those prepper seeds that you bought years ago.... this is the time to plant them.
Xavier Davis
Constitutional silver is selling for 14x face value or more, so around $300.
David Gutierrez
Nobody is buying Kennedy halves for numismatic value
Noah Hughes
$1.40 in silver change = 1 troy oz. So you have 14.28oz of silver which is now roughly $300 USD
Anthony Perry
What happened to paper oil today can happen to silver.
Dylan Young
In 1964 that coin was 90% silver so it's worth about $13 in spot silver value. That's your answer. After 1964 those coins are worth the same amount as today.
Cooper Powell
so what does that say about the value of fiat?
Camden Kelly
The opposite is just as likely...silver to $100 an ounce. But you are right, oil crashing will cause a ripple effect through other markets.
Lucas Morris
Paper silver. But try to get real silver from a traditional broker and you’re gonna be backlogged for a month. And silver is twice as expensive as the spot price right now.
Joshua Jenkins
It's only worth what someone will pay for it m8 - nothing more nothing less
Isaiah Harris
There's a reason that only 1964 Kennedy halves are 90% silver, and that the 1965-1970 were made of 40% silver before going full copper-nickle by 1971 (with the exception of S-mint bicentennial pieces and a few 1971-D coins accidentally stamped out of silver.
Jonathan Martin
Not nearly as likely.
Wyatt Kelly
That piece of shit is dead now and his family line is full of moronic losers
Connor Ward
>Ari Onassis posts on Yas Forums
Robert Jones
Please fucking happen I will gladly pick up and store as much physical as I can.
Daniel Johnson
JUST WENT ALL IN ON KENNEDY HALF DOLLARS WHAT AM I IN FOR BROS
Sebastian Bell
you're in for some kennedy half dollars