A Nation Without CoinsVantage Press, 1965 - 139 pages |
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Page 21
... price above the prevail- ing market price . The Act of 1946 set this buying price at 90.5 ยข per Troy ounce , * and the Treasury subsequently decided upon a selling price of 91.0 cents . As long as the Treasury's buying price was above ...
... price above the prevail- ing market price . The Act of 1946 set this buying price at 90.5 ยข per Troy ounce , * and the Treasury subsequently decided upon a selling price of 91.0 cents . As long as the Treasury's buying price was above ...
Page 128
... market price of silver makes it profitable to recover and sell the silver content of these coins . It is the market price , not " bad " nickels which caused these coins to be withdrawn from circulation . Likewise a higher market price ...
... market price of silver makes it profitable to recover and sell the silver content of these coins . It is the market price , not " bad " nickels which caused these coins to be withdrawn from circulation . Likewise a higher market price ...
Page 129
... market price at $ 1.293 per ounce for a time , especially after silver coinage is discontinued , but this tactical move is self - defeating unless other considerations are incorporated in the Treasury's strategy . The most desirable ...
... market price at $ 1.293 per ounce for a time , especially after silver coinage is discontinued , but this tactical move is self - defeating unless other considerations are incorporated in the Treasury's strategy . The most desirable ...
Contents
A Dilemma | 15 |
The Supply of Silver | 46 |
The Role of Silver As a Monetary Metal in | 74 |
Copyright | |
2 other sections not shown
Common terms and phrases
American amount of silver batteries bimetallic standard cent Chart coin shortage coinage in circulation coinage requirements Congress consumed consumption of silver copper crisis currency demand for silver demonetized coin dimes domestic estimated exhausted Federal Reserve Notes free silver Free World Government Gresham's Law half dollars hoarded important industrial consumption intrinsic value legislation marginal mines market ratio melting point million ounces minted monetary system non-silver coin ounces of silver peso photography present price increase price of silver price rise Production of Silver profit proposed redemption of silver revenue silver certificates silver coinage silver coins silver consumption silver content silver dollar silver market silver nickels silver price silver production Silver Purchase Act silver solders Silver Users silver-coinage problem silverware solution subsidiary coinage supply of silver tion Total Free World Treasury silver Treasury stock Treasury's Troy Ounces United States coinage United States Mint United States Treasury vending machines