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Modern Silver Coins?

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janknez's Avatar
United States
595 Posts
 Posted 04/21/2012  10:47 am Show Profile   Bookmark this topic Add janknez to your friends list Get a Link to this Message Number of Subscribers
Somebody asked me this, and I can't answer it of my own knowledge.

Are there any countries in the world today which mint circulating coins with silver content?

I'm inclined to think not, but I'd like a more authoritative opinion than my own.

Jan
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IBGolden's Avatar
Canada
598 Posts
 Posted 04/21/2012  11:10 am  Show Profile   Bookmark this reply Add IBGolden to your friends list Get a Link to this Reply
In Canada the last circulating silver would've been the 1968 quarter and dime at %50 Ag... VVV

https://goccf.com/t/115805
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United States
20753 Posts
 Posted 04/21/2012  11:38 am  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
Due to the cost of Copper, I've heard our government is considering making all future Cents out of Silver.
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Merc Man's Avatar
United States
561 Posts
 Posted 04/21/2012  12:21 pm  Show Profile   Bookmark this reply Add Merc Man to your friends list Get a Link to this Reply

Quote:
Due to the cost of Copper, I've heard our government is considering making all future Cents out of Silver.


That sounds like typical logical thinking out of Washington D.C. LOL
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yotie's Avatar
United States
3077 Posts
 Posted 04/22/2012  10:01 am  Show Profile   Bookmark this reply Add yotie to your friends list Get a Link to this Reply
I think the new Canadian $20 coin may one to consider but I do not know how well they actually cirulate
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Kefiroth's Avatar
United States
1431 Posts
 Posted 04/22/2012  12:08 pm  Show Profile   Bookmark this reply Add Kefiroth to your friends list Get a Link to this Reply
Strangely enough, I believe the only country today that still issues silver coinage for circulation is Mexico.

It's 20 and 50 Peso pieces have a .925 silver center inside an aluminum-bronze ring.
Edited by Kefiroth
04/22/2012 12:11 pm
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Sap's Avatar
Australia
16810 Posts
 Posted 04/22/2012  6:41 pm  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply
The short answer to your question is "no". There are several countries that will sell you silver coins for face value, but nowhere where silver coins are used in everyday trade.

Quote:
Strangely enough, I believe the only country today that still issues silver coinage for circulation is Mexico.

It's not strange when you consider how powerful the silver mining lobby is in that country.

Mexico was certainly the last country to seriously attempt a circulating silver coin issue, with the bimetallic $10 and $20 coins in the early 1990s. The rising price of silver and the falling value of the peso quickly put paid to that experiment. The $20 coin hasn't been issued since 2001, while the $50 and $100 coins are intended for collectors. The $10 and $20 coins listed on the Bank of Mexico website under "Currently manufactured coins" are the base-metal versions.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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BuffaloBonehead's Avatar
United States
333 Posts
 Posted 04/23/2012  09:22 am  Show Profile   Bookmark this reply Add BuffaloBonehead to your friends list Get a Link to this Reply
I recall hearing that the Bailiwick of Jersey is on the silver standard, but I may be mistaken.
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