GoldFinger1969

Don't forget the population of Canada was much smaller (as it is today)...was probably like 12 million or so, right ? Also....as a part of the British Commonwealth, they may have gotten (gold/silver) coins minted from overseas. I'm not sure about this, just speculating.

KBB, might have something to do with falling money supply and/or the decline in the velocity of money (a monetary concept; see Milton Friedman). Plus the specifics of the Canadian economy at that time.

Didn't want to keep posting on the Silver Dollar book thread so I created this new thread so that I and others can discuss this great book and Roger can chime in from time-to-time. I can't say enough about the book -- fantastic. Best book on coins I've ever read. Questions for Roger: On Page 132, you have a quote stating regret that no 1908-D's were "set aside" for the Treasury Secretary (and maybe other Mint/Treasury higher-ups). I presume getting a few was one of the perks of working for the Mint/Treasury. (1) Did they have to pay for the coin(s) ? If so, could they use paper currency or did they have to use gold coins ? (2) Could the higher-ups get these coins as soon as they came off the press, or did they have to wait for an Official Release date, an Assayer to finish testing, the coins to go to the Cashier or Customer Service Window, etc. ? (3) I take it these coins given to the Treasury Secretary or the Mint higher-ups would NOT have been registered on those Daily Cashier statements ?