Silver certificate vs. Silver dollar (from coinflation)

Weiss

Thought it was an interesting, simple example of the difference between holding on to silver certificates vs. keeping the silver dollar they represented.

Silver Certificate vs. Silver Dollar

jmski52

Yep, as a kid I could go to the bank and get silver dollars any time I wanted. With Silver Certificates.

OPA

Heck ... those silver dollars were so unwanted by the banks, I didn't need silver certificates to get some..regular greenbacks would do. ( circa 1954 - 1957)

goingbroke

<< <i>Yep, as a kid I could go to the bank and get silver dollars any time I wanted. With Silver Certificates. >>

WOW! YOU MUST BE OLD!

rpw

That logic is not applicable in every situation. In a few cases you'd do better with the silver certificate.

OPA

<< <i>

<< <i>Yep, as a kid I could go to the bank and get silver dollars any time I wanted. With Silver Certificates. >>

WOW! YOU MUST BE OLD! >>



Well, you could have been a little more subtle with your response...

I can remember when the air was clean and sex was dirty.
"George Burns"

I don't feel old. I don't feel anything till noon. That's when it's time for my nap.
"Bob Hope"


Age is strictly a case of mind over matter. If you don't mind, it doesn't matter
"Jack Benny"

jmski52

I didn't need silver certificates to get some..regular greenbacks would do.

I don't remember how often you would see an FRN. Most of the higher dollar notes were US Notes, I think. As a kid, you had to be rich in order to make it to that strata, and that didn't happen much.

WOW! YOU MUST BE OLD!

Advice on getting old - try to avoid it.