if coins were rare

2002-07-15 Thread Gustavo Lacerda
If the 95% of the coins in the United States (i.e. 1c, 5c, 10c, 25c) were no longer in circulation, but bills were left alone, what would happen to the remaining coins? Would they go up in value? Could 3 quarters be worth the same as a $1 bill? Or will people still value coins by their face

Re: if coins were rare

2002-07-15 Thread Fred Foldvary
--- Gustavo Lacerda [EMAIL PROTECTED] wrote: If the 95% of the coins in the United States (i.e. 1c, 5c, 10c, 25c) were no longer in circulation, but bills were left alone, what would happen to the remaining coins? Would they go up in value? Since the US government would not do this on

Re: if coins were rare

2002-07-15 Thread Anton Sherwood
Fred Foldvary wrote: . . . During the US Civil War, there was a shortage of coins, and postage stamps served as currency, and they could easily do so again. How big is the stamp supply, by the way? How much `float' does the USPS have? -- Anton Sherwood, http://www.ogre.nu/