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How well could you manage on minimum wage ?

TwoSides2aCoinTwoSides2aCoin Posts: 45,086 ✭✭✭✭✭


image

Shakin' the bush, boss.


Let's just say your boss only paid you in silver and it was worth anywhere from $12 to $20 , depending on things. i.e., value in the market , condition of the coin you got paid, rarity (mintage and population), etc.,

Would you take that chance ( this is for NON collectors )
Most the avid collectors I've had the honor of meeting over the past few years would most likely say "sign me up for minimum wage"



Comments

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    HydrantHydrant Posts: 7,773 ✭✭✭✭✭
    I would take that deal.
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    ashelandasheland Posts: 24,531 ✭✭✭✭✭
    Originally posted by: Hydrant
    I would take that deal.

    +1
    Paid in 90% you mean? Oh yeah! image
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    ctf_error_coinsctf_error_coins Posts: 15,433 ✭✭✭✭✭
    Nope.



    I can not work for a boss.
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    keyman64keyman64 Posts: 15,650 ✭✭✭✭✭
    No.
    "If it's not fun, it's not worth it." - KeyMan64
    Not really looking for much these days but if I were, it might be a toner. :smile:
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    oih82w8oih82w8 Posts: 13,115 ✭✭✭✭✭
    I would be working for less...at the present rate...could not do it at my full-time job. My part-time job...getting close at today's rate.
    oih82w8 = Oh I Hate To Wait _defectus patientia_aka...Dr. Defecto - Curator of RMO's

    BST transactions: dbldie55, jayPem, 78saen, UltraHighRelief, nibanny, liefgold, FallGuy, lkeigwin, mbogoman, Sandman70gt, keets, joeykoins, ianrussell (@GC), EagleEye, ThePennyLady, GRANDAM, Ilikecolor, Gluggo, okiedude, Voyageur, LJenkins11, fastfreddie, ms70, pursuitofliberty, ZoidMeister,Coin Finder, GotTheBug, edwardjulio, Coinnmore, Nickpatton, Namvet69,...
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    BlindedByEgoBlindedByEgo Posts: 10,754 ✭✭✭✭✭
    You ready to hire me?
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    BAJJERFANBAJJERFAN Posts: 31,642 ✭✭✭✭✭
    Originally posted by: TwoSides2aCoin





    image



    Shakin' the bush, boss.





    Let's just say your boss only paid you in silver and it was worth anywhere from $12 to $20 , depending on things. i.e., value in the market , condition of the coin you got paid, rarity (mintage and population), etc.,



    Would you take that chance ( this is for NON collectors )

    Most the avid collectors I've had the honor of meeting over the past few years would most likely say "sign me up for minimum wage"











    Why would rarity be a concern if your upper limit is $20? Are you thinking the boss would unknowingly give you a 1893-S Morgan which even in P01 is worth considerably more than $20?



    Your topic summary and post are inconsistent. One says silver dollar and one says silver which could be rounds, bars, ASEs worn out 1884-O Morgans, etc.
    theknowitalltroll;
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    BryceMBryceM Posts: 11,937 ✭✭✭✭✭
    Nope, but I'd certainly work for $10/hr to be paid in face value pre-33 gold. image
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    TopographicOceansTopographicOceans Posts: 6,535 ✭✭✭✭
    I'd jump on that deal.
    Alas, I would be fired for showing up late, not doing any work, and leaving early.
    At least that's the reason my last boss told me.
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    keyman64keyman64 Posts: 15,650 ✭✭✭✭✭
    Originally posted by: BryceM

    Nope, but I'd certainly work for $10/hr to be paid in face value pre-33 gold. image




    You wouldn't want 1933 $10 Gold???? imageimage
    "If it's not fun, it's not worth it." - KeyMan64
    Not really looking for much these days but if I were, it might be a toner. :smile:
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    TwoSides2aCoinTwoSides2aCoin Posts: 45,086 ✭✭✭✭✭
    image

    How about "two silver" dollars per hour ? Pre '36
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    oih82w8oih82w8 Posts: 13,115 ✭✭✭✭✭
    Why not modern bullion?
    oih82w8 = Oh I Hate To Wait _defectus patientia_aka...Dr. Defecto - Curator of RMO's

    BST transactions: dbldie55, jayPem, 78saen, UltraHighRelief, nibanny, liefgold, FallGuy, lkeigwin, mbogoman, Sandman70gt, keets, joeykoins, ianrussell (@GC), EagleEye, ThePennyLady, GRANDAM, Ilikecolor, Gluggo, okiedude, Voyageur, LJenkins11, fastfreddie, ms70, pursuitofliberty, ZoidMeister,Coin Finder, GotTheBug, edwardjulio, Coinnmore, Nickpatton, Namvet69,...
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    JCMhoustonJCMhouston Posts: 5,306 ✭✭✭
    Actually I don't know how anyone gets by on minimum wage as it is, whether paid in silver or paper.

    I wouldn't even get out of bed for a silver dollar per hour.
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    TwoSides2aCoinTwoSides2aCoin Posts: 45,086 ✭✭✭✭✭
    Originally posted by: JCMhouston
    Actually I don't know how anyone gets by on minimum wage as it is, whether paid in silver or paper.

    I wouldn't even get out of bed for a silver dollar per hour.


    image

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    stmanstman Posts: 11,352 ✭✭✭✭✭
    Originally posted by: JCMhouston
    Actually I don't know how anyone gets by on minimum wage as it is, whether paid in silver or paper.

    I wouldn't even get out of bed for a silver dollar per hour.


    I hear ya. I feel the same way these days but have had to do it before. There are plenty of people out there especially young that have this attitude. Most you can find them panhandling everywhere with their belongings. They call them "Homeless."

    Please... Save The Stories, Just Answer My Questions, And Tell Me How Much!!!!!
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    BryceMBryceM Posts: 11,937 ✭✭✭✭✭
    Originally posted by: keyman64

    Originally posted by: BryceM

    Nope, but I'd certainly work for $10/hr to be paid in face value pre-33 gold. image




    You wouldn't want 1933 $10 Gold???? imageimage




    Well, if they twisted my arm I'd take it.



    image



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    pitbosspitboss Posts: 8,643 ✭✭✭
    Minimum wage is a starting point for any career and was not meant to be anything else.



    No one can survive on those wages.



    That is why we need to get rid of all those presidential orders that are killing the economy my friends.



    We need to grow the economy.





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    TopographicOceansTopographicOceans Posts: 6,535 ✭✭✭✭
    Originally posted by: pitboss
    Minimum wage is a starting point for any career and was not meant to be anything else.

    No one can survive on those wages.

    That is why we need to get rid of all those presidential orders that are killing the economy my friends.

    We need to grow the economy.



    That’s right, minimum wage jobs are not meant to be careers.

    If you grow tired of saying Do you want fries with that? then you need to get more education and training for a better job.
    So education is the key.


    As for panhandling, SCOTUS ruled that a city government’s law that banned how big a church’s sign could be was unconstitutional, since the same law didn’t apply to other signs and only targeted one type of speech – churches advertising their services.


    The ACLU is now using that ruling to get panhandling laws declared unconstitutional because they target just one type of speech – asking for money.


    So panhandlers can beg wherever they want now and the law can’t stop them.
    And they do accept all forms of coinage.


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    TwoSides2aCoinTwoSides2aCoin Posts: 45,086 ✭✭✭✭✭
    Speaking of panhandling : Today marks my 14th year on eBay image
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    winkywinky Posts: 1,671
    NO, I had my own business for 31 years and the only boss I had was my wife.
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    LakesammmanLakesammman Posts: 17,678 ✭✭✭✭✭
    Come to Seattle - $15 minimum wage.



    Dope is legal too.



    "My friends who see my collection sometimes ask what something costs. I tell them and they are in awe at my stupidity." (Baccaruda, 12/03).I find it hard to believe that he (Trump) rushed to some hotel to meet girls of loose morals, although ours are undoubtedly the best in the world. (Putin 1/17) Gone but not forgotten. IGWT, Speedy, Bear, BigE, HokieFore, John Burns, Russ, TahoeDale, Dahlonega, Astrorat, Stewart Blay, Oldhoopster, Broadstruck, Ricko, Big Moose, Cardinal.
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    ZoinsZoins Posts: 34,489 ✭✭✭✭✭
    Originally posted by: BryceM

    Nope, but I'd certainly work for $10/hr to be paid in face value pre-33 gold. image




    Not as good, but 2015 gold isn't bad either image



    image
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    lordmarcovanlordmarcovan Posts: 45,128 ✭✭✭✭✭
    I'm not paid in silver, but my salary is pretty darn near what the minimum wage is in some places. At least the cost of living here is relatively low.



    Yes, I work for peanuts, but I like my job and its low stress level. While my standard of living is very modest indeed, we get by, and I reckon I'm rich in the nonmaterial things that really count.



    And my hobby largely sustains itself- I get money to buy coins from selling coins.

    Collector since 1976. On the CU forums here since 2001.

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    SaorAlbaSaorAlba Posts: 7,593 ✭✭✭✭✭
    There was a company out in Utah that was paying their employees at the face value of the AGE's, that was what they were reporting to the government. Of course the IRS got wind of it and shut them down. IE reporting you paid a worker $50 instead of the $800 value of the gold coin.
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    TwoSides2aCoinTwoSides2aCoin Posts: 45,086 ✭✭✭✭✭
    Originally posted by: winky
    NO, I had my own business for 31 years and the only boss I had was my wife.


    You poor thang image
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    rickoricko Posts: 98,724 ✭✭✭✭✭
    There was a time, as for most people, that I worked for minimum wage. Now, however,

    It would take many silver dollars per hour to lure me...times change, and for those with

    ability and ambition, compensation grows. For those without, things remain the same and

    the whining just gets louder. Minimum wage is a starting point, it was never meant to be

    a living wage. Compensation is according to skills and experience providing positive results.

    Cheers, RickO
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    TwoSides2aCoinTwoSides2aCoin Posts: 45,086 ✭✭✭✭✭
    Originally posted by: BlindedByEgo
    You ready to hire me?


    In a heart beat. The check is in the mail. image
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    TwoSides2aCoinTwoSides2aCoin Posts: 45,086 ✭✭✭✭✭
    Originally posted by: SaorAlba
    There was a company out in Utah that was paying their employees at the face value of the AGE's, that was what they were reporting to the government. Of course the IRS got wind of it and shut them down. IE reporting you paid a worker $50 instead of the $800 value of the gold coin.



    A dollar is worth a dollar. If a guy opted to work for a dollar per hour and I pay a dollar or four quarters , does it matter if he cashes his check at the pawn shop or the bullion store ?


    Just curious. Not trying to circumvent laws. Though it's fun to entertain others' thoughts.
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    DeepCoinDeepCoin Posts: 2,781 ✭✭✭
    I remember working for minimum wage when I was in college. The key being "In College". I lived with roommates and we ate poor people food. I lived in a city, walked most places, including work and did not own a car. My overhead was VERY low and thus I was able to sustain myself easily. I had no cell phone (not invented yet), we had one TV, (rarely on) that was a small black and white, no cable. We DID have a great stereo system that we listened to all the time. Our apartment had no air conditioning except one roommate's window air unit in his bedroom. There was no dishwasher, as we all took turns. It was one of the best times of my life. I have been "rich" and I have been poor, happiness is not highly correlated with my economic status I have found.
    Retired United States Mint guy, now working on an Everyman Type Set.
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    TwoSides2aCoinTwoSides2aCoin Posts: 45,086 ✭✭✭✭✭
    I remember back in the old days. image the best times are still ahead.
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    telephoto1telephoto1 Posts: 4,966 ✭✭✭✭✭
    Funny this topic came up. I heard an interesting discussion the other day while driving to work. A couple of radio guys were talking about minimum wage, the food service workers protesting for $15/hr., etc. One guy was talking about how he went through college, got his degree in broadcasting, etc. and when he first started getting paid at his first radio station (after starting as an unpaid intern) it took him 3-4 years to get to a $15/hour level. (This guy is around 30 btw so it's not like he's talking about "back in the day"). Long story short, his point was that he went through years of school and training (and 3+ years on the job) in his field to acquire the skill set to be able to make the equivalent of $15/hr., and burger flippers et.al. who get perhaps a week of training are demanding the same thing for, let's face it- unskilled work. His other point, with which I agree, was that minimum wage is not, and never was, designed to be a wage on which someone could support a family, and the jobs that pay it are usually not designed to be lifelong career positions; such positions exist to give someone job experience and income while gaining education/training to obtain a better position, either in the same company or elsewhere. Anyhow, it was an interesting discussion. jmho

    RIP Mom- 1932-2012
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    ashelandasheland Posts: 24,531 ✭✭✭✭✭
    Originally posted by: lordmarcovan
    I'm not paid in silver, but my salary is pretty darn near what the minimum wage is in some places. At least the cost of living here is relatively low.

    Yes, I work for peanuts, but I like my job and its low stress level. While my standard of living is very modest indeed, we get by, and I reckon I'm rich in the nonmaterial things that really count.

    And my hobby largely sustains itself- I get money to buy coins from selling coins.


    image
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    TwoSides2aCoinTwoSides2aCoin Posts: 45,086 ✭✭✭✭✭
    Originally posted by: Lakesammman
    Come to Seattle - $15 minimum wage.

    Dope is legal too.



    I could manage fine on $15 per hour, without dope; legal or otherwise. I'd be looking at my pay, not down from a high horse. image
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    bidaskbidask Posts: 14,057 ✭✭✭✭✭
    Minimum wage of 9 silver dollars an hour .....yeah get down !??
    I manage money. I earn money. I save money .
    I give away money. I collect money.
    I don’t love money . I do love the Lord God.




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    mrearlygoldmrearlygold Posts: 17,858 ✭✭✭
    everybody has to start somewhere

    I worked in a body and fender shop sanding cars down at age 14 for $1.50/hr

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    Originally posted by: TopographicOceans
    Originally posted by: pitboss
    Minimum wage is a starting point for any career and was not meant to be anything else.

    No one can survive on those wages.

    That is why we need to get rid of all those presidential orders that are killing the economy my friends.

    We need to grow the economy.



    That’s right, minimum wage jobs are not meant to be careers.

    If you grow tired of saying Do you want fries with that? then you need to get more education and training for a better job.
    So education is the key.


    As for panhandling, SCOTUS ruled that a city government’s law that banned how big a church’s sign could be was unconstitutional, since the same law didn’t apply to other signs and only targeted one type of speech – churches advertising their services.


    The ACLU is now using that ruling to get panhandling laws declared unconstitutional because they target just one type of speech – asking for money.


    So panhandlers can beg wherever they want now and the law can’t stop them.
    And they do accept all forms of coinage.




    Not everyone has the means and/or ability to get a higher education.
    This does not mean they should be forced to work for slave wages (AKA minimum wage).
    Every study not financed by the Koch brothers or other right wing oligarchs indicate that in the long run, raising the minimum wage is good for the economy in general and the low income workers specifically.
    There's an unsustainable disparity of wealth in this country.
    The GOP is still touting their failed "trickle down" policies.
    This country needs new, progressive leadership, both in the Executive Department and in both houses of Congress
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    COALPORTERCOALPORTER Posts: 2,900 ✭✭
    If a company offered pay in silver or gold coins OR an employee stock plan, I would
    pick the gold or silver. Stock plans are generally a way to manipulate workers into
    taking less pay really.

    Allot of the poor are trying to make ends with aluminum - id think a min wage
    job would be much easier than collecting cans from a drain ditch..
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    cameonut2011cameonut2011 Posts: 10,483 ✭✭✭✭✭
    I would lose most of what I have at the current minimum wage level.

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