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At the dawn of 2020 I am rethinking my definition of Modern Crap.

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  • cameonut2011cameonut2011 Posts: 10,181 ✭✭✭✭✭
    edited December 27, 2019 7:51PM

    I hesitate to call any coin "crap." If I can flip it for a decent profit, it is A-okay with me.

    As for modern coins, I use the term to refer to any of the "dead head" presidential designs plus anything other coins dated after 1964.

  • ms70ms70 Posts: 13,956 ✭✭✭✭✭

    @privatecoin said:
    So 1999 was the end of modern crap and the beginning of total crap era? :D sounds about right.

    Great transactions with oih82w8, JasonGaming, Moose1913.

  • mustangmanbobmustangmanbob Posts: 1,890 ✭✭✭✭✭

    It does amuse me the comment about "Real" money 1964 etc.

    Here is a 10+ year GDP

    1973 1,425,400M.$ 5.60%
    1972 1,279,100M.$ 5.30%
    1971 1,164,900M.$ 3.30%
    1970 1,073,300M.$ 0.20%
    1969 1,017,600M.$ 3.10%
    1968 940,700M.$ 4.90%
    1967 860,000M.$ 2.70%
    1966 813,400M.$ 6.60%
    1965 742,300M.$ 6.50%
    1964 684,500M.$ 5.80%
    1963 637,500M.$ 4.40%
    1962 603,900M.$ 6.10%
    1961 562,200M.$ 2.60%
    1960 542,400M.$ 2.60%

    2 questions for the Real Money Crowd:

    1) How much of the economy used "real" money in 1964 for the entire transaction? I am talking about paychecks, buying houses, a new aircraft carrier, stock market, etc. versus candy, cokes machines, and pay phones. Maybe 1/100th of 1%

    2) It appears the economy did fine transitioning from "real money" to clad from 1960 to 1970, with a little bump in 1970 or so. How could this be?

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