DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post - Guy tries to deposit silver coins for face value, bank wouldn't take them

**OwdBKKHO** · 07-05-2012, 10:26 PM

So, one must ask, what does it mean for a national mint to mark a coin as "20 DOLLARS", yet not have it be interchangeable with other currency that is also labeled as 20 dollars? If it's really a numi, why label it with a dollar value? This is another example of why the world's fiat "money system" is at risk. It's already bad enough that money can be established by decree, but now even the decree is open for interpretation.

07-05-2012, 10:26 PM	#6
OwdBKKHO Join Date Oct 2005 Posts 486 Senior Member	So, one must ask, what does it mean for a national mint to mark a coin as "20 DOLLARS", yet not have it be interchangeable with other currency that is also labeled as 20 dollars? If it's really a numi, why label it with a dollar value? This is another example of why the world's fiat "money system" is at risk. It's already bad enough that money can be established by decree, but now even the decree is open for interpretation.
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