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What would have to happen?

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Just a hypothetical question :cool: What would have to happen ( an event or a series of events ) for the quarter eagle or any of the gold coins for that matter to assume their original face value? Post your thoughts and theories concerning this possibility whether you believe it is possible or not. Just want to stretch the brain muscles a bit :eek:

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I don't think an event could ever happen. The dollar would have to grow soo much strength in order for this to happen. History would have to reverse itself.

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The nuclear winter began in the year 2012, exactly 3 months after the hemispherical inhalation that began in the late fall in the month of September. The monetary system collapsed, clad coinage was worthless, paper money was radio active as were the future resource, the cotton fields. Inflation has driven denominations useless, gold and silver are the only commodities left that hold any value. Weapons that hit the US Treasury Department destroyed intaglio presses and rendered any stored stockpiles of paper useless. The gold In Fort Knox endured a direct hit from a 3 megaton air burst, leveling the infrastructure, but the blast never touched the below ground storage vaults.

 

Inflationary levels of global proportions have demonetized the valuable metals that were coined, all the way down into their actual face values. 1 ounce of gold now sells/trades for approximately $20.00 and a 1964 Kennedy half dollar is worth .50 cents. In an effort to survive, Numatismists through out the globe have dissolved their life long collections. Just the other day, one of the 1933 $20 St. Gaudins that recently sold at auction for 4.5 million dollars, traded for just one gallon of gasoline.

 

Clandestinely located in the basement of Daniel Carr's home, the current administration began coining the Fort Knox gold into tokens, utilizing the last surviving overhauled mint press left in the country. The output of 235 gold tokens per minute may seem like a slow rate, but Mint Director Mark Feld is confident that over all production will exceed the actual usage. Mr. Feld was also was quoted as saying the press was putting out nothing but MS-65 or higher tokens and hopes to “tweak “ the production rate and even the quality.

 

 

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Revaluation of the dollar by chopping two zeros off. This would mean that the "new dollar" would have the purchasing power of 100 old dollars. Gold would be less than nine "new dollars" per oz. A quarter eagle would contain 90 "new cents" worth of gold in it but would have a face value of 2 1/2 new dollars and the purchasing power of 250 old dollars. At that point they are worth significantly more as money than as metal and could once again circulate.

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