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Denominations of American eagles need adjusting

The way I see it they need to add another 0 the $5,$10,$25 ,$50 American Gold Eagles demoninations.
They would have to add two 0s to the platinum series to get it closer to reality.
Even the relatively low guy on the totem pole Silver American Eagle could easily go to $10
Would that require an act of Congress?

Comments

  • coppercoinscoppercoins Posts: 6,084 ✭✭✭
    Let them figure out what to do with the circulating money first...then we'll bother with the coins that only have denominations on them for display.
    C. D. Daughtrey, NLG
    The Lincoln cent store:
    http://www.lincolncent.com

    My numismatic art work:
    http://www.cdaughtrey.com
    USAF veteran, 1986-1996 :: support our troops - the American way.
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  • RarityRarity Posts: 1,438 ✭✭✭✭
    I would rather see the 1oz AGE, being sold for $789 each, having a denomination of say $700. That way, I can spend it if I wanted to.
  • aus3000tinaus3000tin Posts: 369 ✭✭✭
    The face value needs to be way lower than the actual metal content value.
    What if gold plummets and the face value is $500.00?

    Thanks,

    Chris
  • ttownttown Posts: 4,472 ✭✭✭


    << <i>The face value needs to be way lower than the actual metal content value.
    What if gold plummets and the face value is $500.00?

    Thanks,

    Chris >>



    Wishful thinking, but if that was the case it would mean a buy. We've been hearing gold is going to tank on this board for years even at the $350 level. The goverment hasn't done a thing to turn the ecomony around and until they do PM's are going to make you some money.

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