Strange Coins and Currency of the World

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nick007
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20 Aug 2017, 3:38 pm

Liberia released a one dollar Star Trek Generations coin. I bought one.

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DeepHour
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20 Aug 2017, 7:26 pm

^ Picard is fairly recognizable, but as for Kirk, it's the captain Jim, but not as we know him....



Darmok
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26 Aug 2017, 9:50 pm

Now this is really cool.

Modern paper money floats on a sea of trust. It has no intrinsic value, and people only accept it because they trust that others will take it in return. But during periods of economic upheaval, trust can evaporate. The socialist government of Venezuela destroyed the value of the bolivar: you used to be able to get a US dollar for about 4 bolivars; now it takes something like 15,000 bolivars. Precious metals, by contrast, more or less retain their value (although they fluctuate, like everything else).

Thanks to modern technology, here's a company that has designed a way to print notes with tiny but verifiable quantities of gold embedded in the note itself. They use a printable polyester film, which can be printed with any design you like, and then they deposit 1/10 gram of gold onto the film and coat it again for protection. (1/10 gram of gold is now worth about $5.00.) Dealing with gold for ordinary transactions has always been difficult because its intrinsic value is so high; but this makes small transactions much easier.

Image

Image

Here's a video that shows the production process:


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slave
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29 Aug 2017, 10:01 pm

Darmok wrote:
Now this is really cool.

Modern paper money floats on a sea of trust. It has no intrinsic value, and people only accept it because they trust that others will take it in return. But during periods of economic upheaval, trust can evaporate. The socialist government of Venezuela destroyed the value of the bolivar: you used to be able to get a US dollar for about 4 bolivars; now it takes something like 15,000 bolivars. Precious metals, by contrast, more or less retain their value (although they fluctuate, like everything else).

Thanks to modern technology, here's a company that has designed a way to print notes with tiny but verifiable quantities of gold embedded in the note itself. They use a printable polyester film, which can be printed with any design you like, and then they deposit 1/10 gram of gold onto the film and coat it again for protection. (1/10 gram of gold is now worth about $5.00.) Dealing with gold for ordinary transactions has always been difficult because its intrinsic value is so high; but this makes small transactions much easier.

Image

Image

Here's a video that shows the production process:



Fascinating!! !! :D :nerdy:



slave
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Darmok
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01 Sep 2017, 10:12 pm

slave wrote:

Wow, those are amazing. Museum quality.


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DeepHour
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01 Sep 2017, 10:29 pm

The gold embedded in the notes business is interesting, but it's difficult to imagine precious metals being used in any mainstream modern currency as long as the engines of our economic systems continue to be debt and inflation.



slave
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01 Sep 2017, 11:22 pm

DeepHour wrote:
The gold embedded in the notes business is interesting, but it's difficult to imagine precious metals being used in any mainstream modern currency as long as the engines of our economic systems continue to be debt and inflation.


Agreed.

In fact, as you know, the primary purpose for the invention of all fiat currency was so that the ubiquity of and dependence on debt, could

be assured. It is much harder to engage in currency devaluation without fiat, though the Romans eventually chipped away at it....... :lol:

There is a small, but vocal, sub-set of ppl that believe that when our current currencies complete their devaluation and "go to zero", that

the world will return to a "gold-standard". I don't believe that for one second. Once the current competitive devaluation is complete,

they will merely create another fiat and repeat the cycle. The next fiat will be an electronic one, no more paper/coins. Rogoff and

many other eminent Econs are advocating for 100% cashless already.



Kiprobalhato
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01 Sep 2017, 11:41 pm

nick007 wrote:
Liberia released a one dollar Star Trek Generations coin. I bought one.

Image





......liberia???????


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Darmok
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03 Sep 2017, 3:14 pm

Important bulletin from the Danvers Public LIbrary:

Peabody Institute Library, Danvers
August 30 -- This summer we've had a surge of folks attempting to pay fines and printing fees with tokens from Chuck E Cheese and Bonkers. Since they are not legal tender, we cannot accept them.
Please note, we also cannot accept Canadian coins


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https://www.facebook.com/danverslibrary ... 93/?type=3

:mrgreen:


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20 Oct 2017, 6:39 pm

I just got a silver certificate in change at the supermarket -- a 1935 edition. Haven't seen one in several years.

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slave
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21 Oct 2017, 4:28 pm

Darmok wrote:
I just got a silver certificate in change at the supermarket -- a 1935 edition. Haven't seen one in several years.

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its condition is astounding for its age

8O

ty for showing us :D



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22 Oct 2017, 4:52 am

I just polished off this coin I'm using to learn how to flip things through my fingers.
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It's Irish, and the date seems to read 1862 or 3, but it's been almost buffed blank.


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Darmok
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09 Nov 2017, 12:19 am

Received in change today a well-worn 1944 quarter, about like the one below. I didn't notice when it was put in my hand but as soon as I dropped it in my pocket along with a handful of change I could tell by the sound I had gotten something silver -- they don't sound at all like modern (valueless) coins.

The web tells me it's worth about $3 for its bullion value (which is quite a bit more than 25 cents). :D

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slave
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09 Nov 2017, 8:32 pm

Darmok wrote:
Received in change today a well-worn 1944 quarter, about like the one below. I didn't notice when it was put in my hand but as soon as I dropped it in my pocket along with a handful of change I could tell by the sound I had gotten something silver -- they don't sound at all like modern (valueless) coins.

The web tells me it's worth about $3 for its bullion value (which is quite a bit more than 25 cents). :D

Image


Good ear! :D



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11 Jan 2018, 1:06 am

Now here's a beauty -- and it could be yours today for a mere $225,000. :D

(Click to see all the detail.)

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https://www.cngcoins.com/Coin.aspx?CoinID=352594


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