[size=large]The spot price of silver today is running around 16.00 dollars per ounce. If you can't metal detect and find a silver dime, you can buy silver dimes for about $1.18 each. It's interesting to consider; the price of gasoline where I live is about $2.50 per gallon, which is just a bit more than the value of two silver dimes. So in lawful money, gasoline prices today, at 22 cents per gallon, are about the cheapest they've ever been.
Doug
Barnesville, MN [/size]
Doug
Barnesville, MN [/size]
I probably wasn't clear, Dew. Not saying anything against the hobby at all, only pointing out that the price of gasoline with lawful money has remained stable or fallen, but the value of circulating fiat money loses purchasing power. While the circulating money devalues over time, lawful or constitutional money remains stable or gains purchasing power. One would be advised to get out there detecting all the more and find that lawful money. It may not be a bad idea to buy some too. Remember Gresham's law; bad money drives good money out of circulation. In the photo are 3 silver Rosies and one clad Rosie. These were all found at the same fairgrounds and washed only with water. As an illustration of Gresham's law, which coin will you be willing to spend into circulation, and which coins will you hoard?