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A New $20 Silver Piece?

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averyb2's Avatar
United States
48 Posts
 Posted 02/16/2007  4:47 pm Show Profile   Bookmark this topic Add averyb2 to your friends list Get a Link to this Message Number of Subscribers
Here's a thought. With the success of the 50 State Quarters and now the advent of $1 silver coins, I see a trend. Why not create a $20 silver piece, 1.5 the size of the $1 coin? With silver around $14 an ounce, the mint could make it 1.25 ounces. Twenty dollar bills are the most counterfeited anyway and 20 bucks doesn't go as far as it used to.#13;#10;One more suggestion: Use a famous American icon like Edison, Henry Ford, or even Disney. What do you think?#13;#10;

***Edited by Forum Dad to move to Main Coin Forum***
Valued Member
United States
171 Posts
 Posted 02/16/2007  5:05 pm  Show Profile   Bookmark this reply Add dcarr to your friends list Get a Link to this Reply
I'm going to make this one (among others). Does that count ?
A-New-$20-Silver-Piece?
A-New-$20-Silver-Piece?
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morganman's Avatar
United States
397 Posts
 Posted 02/16/2007  5:06 pm  Show Profile   Bookmark this reply Add morganman to your friends list Get a Link to this Reply
quote:
Use a famous American icon like Edison, Henry Ford, or even Disney . What do you think?


Why not? After seeing the quality of the Presidential dollar, we already have mickey mouse coins in my opinion.......

MM

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FHDave's Avatar
United States
48 Posts
 Posted 02/16/2007  6:01 pm  Show Profile   Bookmark this reply Add FHDave to your friends list Get a Link to this Reply
At this time, there is no new $1 silver coin on its way. The legislation that mandated the presidential coins, also mandated that the metal content be the same as the Sacagawea coins. It will take new legislation to allow the minting of the dollar coins in silver.
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Dockwalliper's Avatar
United States
342 Posts
 Posted 02/16/2007  7:46 pm  Show Profile   Bookmark this reply Add Dockwalliper to your friends list Get a Link to this Reply
The price of silver moves up and down too fast. The Fed would never make a coin with a silver content close to melt value. Thats why the Eagles only have a One dollar face value. If they produced a circulating $20 coin it might have about $2 worth of silver in it.
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nohope587's Avatar
United States
5953 Posts
 Posted 02/16/2007  7:49 pm  Show Profile   Bookmark this reply Add nohope587 to your friends list Get a Link to this Reply
I seem to remember that Nevada was going to issue a private $20 silver trade coin. I don't know what happened to the project if it even got off the ground
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Becky's Avatar
United States
954 Posts
 Posted 02/16/2007  8:09 pm  Show Profile   Bookmark this reply Add Becky to your friends list Get a Link to this Reply
dcarr, I LOVE the changes you have made on your Trade dollar!!
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Draknoor's Avatar
Australia
99 Posts
 Posted 02/16/2007  8:14 pm  Show Profile   Bookmark this reply Add Draknoor to your friends list Get a Link to this Reply
dcarr, is there somewhere we can look at your products? or purchase?
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Becky's Avatar
United States
954 Posts
 Posted 02/16/2007  8:21 pm  Show Profile   Bookmark this reply Add Becky to your friends list Get a Link to this Reply
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scoutjim99's Avatar
United States
4589 Posts
 Posted 02/16/2007  8:26 pm  Show Profile   Bookmark this reply Add scoutjim99 to your friends list Get a Link to this Reply
I'm going to make this one (among others). Does that count ?


Dave Carr I really like the changes you made included the bundles into the foundation, and I also like the angles you added to it.>
Valued Member
United States
171 Posts
 Posted 02/16/2007  8:31 pm  Show Profile   Bookmark this reply Add dcarr to your friends list Get a Link to this Reply
Thanks !
See other thread here at CC for all the different (new) versions.
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TSmith3510's Avatar
United States
455 Posts
 Posted 02/16/2007  8:43 pm  Show Profile   Bookmark this reply Add TSmith3510 to your friends list Get a Link to this Reply
quote averyb2: "Why not create a $20 silver piece."

Avery I like your idea. I would support any recommendation to modernize the denominations of our coinage. A $20 circulating coin makes as much sense in 2007 as the half dollar made in the 19th century. Using silver wouldn't be a viable option though, we've been off the silver standard and with good reason since 1964. I'm sure the mint could come up with a nice detailed design with edge lettering and some kind of special metal composition to thwart counterfeiters. I would suggest a piece between the size of a quarter and a half dollar.

This post would have made a good poll.
TS
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United States
171 Posts
 Posted 02/16/2007  8:51 pm  Show Profile   Bookmark this reply Add dcarr to your friends list Get a Link to this Reply
Didn't mean to hijack the thread. I think it would be nice to see someone other than presidents on coins. Einstein, etc. But Tesla, not Edison.

As others have stated, a silver coin would be problematic if given a fixed face value. Just give them a "1 troy ounce" face value ?
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averyb2's Avatar
United States
48 Posts
 Posted 02/16/2007  9:58 pm  Show Profile   Bookmark this reply Add averyb2 to your friends list Get a Link to this Reply
As a follow up, based on the feedback: My idea was to have a silver "looking" coin, with a percent of silver, if feasible. But any zinc or other alloy content would do the trick. The idea is to have a substitute for the most counterfeited US paper money around. And to perhaps move us away from paper bills that tear, fade, etc. It would a size not used currently. Tesla and not Edison? I don't think so. I'd like to the Mint offer a popular vote on say, five finalists and let the American people decide.
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Dockwalliper's Avatar
United States
342 Posts
 Posted 02/16/2007  10:13 pm  Show Profile   Bookmark this reply Add Dockwalliper to your friends list Get a Link to this Reply
I vote for Tesla.
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Irishraider's Avatar
United States
1454 Posts
 Posted 02/16/2007  10:24 pm  Show Profile   Bookmark this reply Add Irishraider to your friends list Get a Link to this Reply
Having dead presidents on our coins is just getting old. I don't see why the mint can't come up with some better ideas. Is it really the mints fault though? Isn't it more the overpaid worthless elected officials of our country who makes this decision along with every other decision that seems to drain the soul and economy of this country slowly each day?

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