I Need Another Disclaimer
OAKSTAR
Posts: 7,456 ✭✭✭✭✭
I owe you guys an apology. I go back a read (try and read) some of my posts and threads and I don't know what the heck I'm reading. I see a lot of mistakes in my writing. When I see them, I try and correct them. The grammar, spelling and punctuation is sometimes a mess! I hope you guys can read between my line and understand what I'm trying to say. I'm also probably dyslexic. Thank you for your understanding.
I know, I need the grammar police! Send them my way! 🤣 😉
Disclaimer: I'm not a dealer, trader, grader, investor or professional numismatist. I'm just a hobbyist. (To protect me but mostly you! 🤣 )
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Use chatGPT to proofread
I appreciate your honesty. And IMHO there's always room for improvement. Peace Roy
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No need to apologize, there have been much, much worse. Remember our pirate friend @mikee999 ?
God bless all who believe in him. Do unto others what you expect to be done to you. Dubbed a "Committee Secret Agent" by @mr1931S on 7/23/24. Founding member of CU Anti-Troll League since 9/24/24.
I have been saving this for a while.
Wayne
Kennedys are my quest...
Dyslexic Athiests of American Untie, there is no Dog.
ANA 50 year/Life Member (now "Emeritus")
Posting a coin image for topicality...these LEGALLY circulated in the US prior to 1856.
Don't fear the grammar police... the numismatic content outweighs the Hemingway effect.
Edited spelling of Hemingway
Experience the World through Numismatics...it's more than you can imagine.
@coinkat You spelled Hemingway incorrectly.
😂
Thanks... And that answers the question whether the Grammar Police were on call. I should have used Faulkner instead given the season Ole Miss had... maybe next time. And I will edit out of respect to Hemingway-
Experience the World through Numismatics...it's more than you can imagine.
The Coinage Act of 1857 ended the era when foreign coins were legal tender in the US.
I never have a problem understanding OAKSTAR. I view forum posts as a kind of shorthand communication in most cases.
PS various foreign coins were made legal tender in 1793. That Act was renewed numerous times often with changes, especially as countries achieved independence from Spain and Portugal.
While the Coinage Act of 1857 removed the legal tender status of foreign coins, many gold and silver foreign coins continued to circulate after 1857 especially in rural areas.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
тут майже всіх важко зрозуміти.
Вы понимаете это?
Disclaimer: I'm not a dealer, trader, grader, investor or professional numismatist. I'm just a hobbyist. (To protect me but mostly you! 🤣 )
So a dyslexic walks into a bra……🤪😉
@OAKSTAR There are certain individuals on the Forum that give advice even though they can't see or even remember what a coin is.
You don't need any disclaimers.
But do you really need to see the coin as long as you know if it stickered or not? 🤔
Well, I guess my writing is good enough that you guys understand the point of this thread. 👍 😉
Disclaimer: I'm not a dealer, trader, grader, investor or professional numismatist. I'm just a hobbyist. (To protect me but mostly you! 🤣 )
No concerns from me with your posts. Post on.
Certainly. If you read the law it doesn't say what most people think it says.
https://maint.loc.gov/law/help/statutes-at-large/34th-congress/session-3/c34s3ch56.pdf
Section 1 imposed a definitive haircut for "Spanish" dollars - 2 reales were valued at 20c not 25c.
Section 2 prevented the treasury, post offices, land offices, etc., from paying the coins back. You could continue to spend them even there, but they were valued as bullion and sent to be recoined.
It's section 3 that impacts legal tender
The assays were conducted at least into the 1910s - you can find tables in the Annual Report of the Director of the Mint.
ANA 50 year/Life Member (now "Emeritus")
Lysdexics have more nuf.
At the time of the 1857 Act subsidiary reales were not legal tender, although they were in 1793. As I understand it, they were nonetheless common in commerce. It appears that the Act in part was a recognition of that, providing a fair exchange rate when folks turned these coins in. As an aside the Act also enabled the small cent and did away with the half cent.
😂
The category is "US COINS".