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MorganMan

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Posts posted by MorganMan

  1. Kind of off topic, but years back in the 60's and 70's, my Dad and Mom traveled Florida in a motorhome quite extensively.

    He met a guy that said he was getting investors for his treasure hunt and wanted dad to invest $10,000 in his venture.

    Dad turned him down.

    Later Dad read an article about him, and the shipwreck he found.....The Atocia

    Yep, Dad met and turned down Mel Fisher. (shrug)

     

     

  2. On 9/11/2022 at 11:21 AM, RWB said:

    MorganMan. There was no "theft" or anything of the kind. It was a result of simple, open market conditions. The free market price of silver rose to the point were the metal value of subsidiary silver coins would soon exceed the nominal value of the coin. Maintaining 900 fine silver coinage would have been a gross waste of tax dollars. Historically, government attempts to control free markets , or commodity ratios fail - sometimes with catastrophic effects.

    If it was not theft, then answer this: Why did the government not leave what they had ALREADY minted in circulation. No, they took rolls of 90% silver from banks and replaced them with clad trinkets.  I could understand not making any more silver coinage after the value of silver outweighed the coin face value, but taking what was already minted when it was not face value is in my book THEFT plain and simple.

     

    I suppose you also think that the 1933 gold confiscation at a set price of 20 bux an ounce was not theft either?  Then the next year, it was 35 bux an ounce. Who lost out on that one?

  3. I am just going to say it.  The biggest THEFT of the citizens of the United States was in 1965 when they made our coinage just trinkets of cheap metals.  Thankfully, My dad and I kept a LOT of silver coinage from the past

    There is just that feeling of letting a few hundred Morgans run through your fingers!

    Try that with modern clad coins and you get that feeling of driving a Smart car vs driving a Dodge Hellcat!

    Yes, I have been imbibing a little tonight! :bigsmile:

     

  4. On 6/15/2022 at 11:45 AM, RWB said:

    EF condition. Cleaned. Bumps and scrapes as expected for a circulated coin. Marks' value seems correct, or possibly a bit generous.

    (An "AU" coin has only a trace of wear on the highest surfaces and/or minor disruption of field luster. This coin is, therefore, not "AU" except in an imaginary world of constantly falsified condition descriptions.)

    I too was surprised when Mark said AU. I still say VF20 being the 1880 S was known for crisp, clean strikes, so it takes a good amount of handling to look that worn. This one just doesn't scream XF to me.(shrug)

    Maybe it is the dull appearance.