In the 1960's parents were told that they could help secure their child's future by giving them $100

GoldenEyeNumismatics · September 23, 2008 6:55AM

This $1000 face of 90% silver coins was supposed to help secure their future. In the era of the Cold War I guess it made sense to have some hard money.

Do you ever think we'll reach a point within the next few decades where people are advised that that they should put away $1000, or $5000 or $10000 face in clad?

SanctionII · September 23, 2008 7:04AM

I doubt it, since commercial transactions in cash or coinage are being replaced with credit card and electonic transactions. People will be more used to e-commerce than cash and currency.

However, I would not mind having someone give me selected high grade, MS Clad coins. For example 1969P and 1983P quarters in MS 65 or better. Give me a few hundred dollars of those coins and I will be very happy.

ricko · September 23, 2008 7:07AM

I doubt clad will ever reach the potential of PM's... Cheers, RickO

BlackBeard · September 23, 2008 7:09AM

I don't see it. Clad coinage offers nothing more than paper currency does and the paper takes up less space. However the $1,000 face value of silver can be used for bartering in the event of a total collapse of the current money system as it is a precious metal and offers some value besides the numbers stamped on them.

Longacre · September 23, 2008 7:14AM

Diversifying any amount of money into various investments, can help to secure the future. I don't think putting away clad coins will do anything, though, other than taking up a lot of space and probably holding its face value.

tightbudget · September 23, 2008 7:20AM

Putting away clad? No. At least silver was considered a precious metal even then. Copper...still a base metal.

In the 1960's parents were told that they could help secure their child's future by giving them $100

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