WEEK #299 - WHAT IS A DOLLAR TO YOU?....

[Moon]

QUESTION:

 

When Continental Currency was replaced by the silver dollar due to printing press inflation, how many continental dollars did it take to equal one silver dollar?

 

 

Good Luck!

 

Our first place winner will receive a coupon for 1 note graded under the Standard grading tier. (You must have an active account with PMG, call PMG for details) There will also be a runner up prize given to a randomly selected player with the correct answer.

 

 

REMINDER: The Numisma-Quest ends on Saturday at midnight EST. Entries after that time will not be valid. See the Trivia info post for more details.

 

When you post your answer, only the administrators can see it . Stop back this Monday. We will make all the posts visible and announce the winners.

 

[dan8402]

40 to 1

[BigBob]

1,000 continental dollars=1 Silver Dollar

[mhardin2413]

hmm. this question has a number of difference answers, since "silver dollar" is not better defined. in 1779, when the spanish dollar becomes the denomination, the ratio is 26/1 (although in a hyperinflationary economy, the rate changed rapidly. in 1785, when the denomination is defined as the "u.s. dollar," the rate is over 200/1. by the 1790s, when the first u.s. silver dollars are minted, the continental currency is UTTERLY WORTHLESS.

[rrantique]

6

[BankNote1]

$40 Continental notes to $1 silver dollar!

[bit1work]

 

1000 ??

 

 

Go GIANTS !!

[bsshog40]

Approximately $3 ??

[CarolinaCollector]

1000:1 - hence the saying "not worth a Continental"...

[DC Dawg]

1 silver dollar = 1000 continental currency dollars.

 

Scott

[Rooster-migration]

4

[Moon]

QUESTION:

 

When Continental Currency was replaced by the silver dollar due to printing press inflation, how many continental dollars did it take to equal one silver dollar?

 

 

ANSWER:

 

One thousand (1,000 Continental dollars = 1 Silver dollar)

 

 

Congratulations to our 1st place winner BigBob! You will receive a coupon for 1 free standard grading.

 

Congratulations to our runner up winner bit1work! You will be receiving a PMG Bank Bag and a sample.

 

Thanks for playing this weeks Numisma-Quest. Dont forget to stop by for this weeks NGC question!