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User: Sadburger

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  1. Re:France, too on Money That Grows On Trees · · Score: 3, Informative

    The Gold Backed certificates were issued in larger denominations of $10 and $20. Silver Certificates issued in $1 and $5. The silver certificates were issued all the way up into the 1960's, and were redeemable until 1968 I do believe.

    Sadburger

  2. Re:Is gold even used as money any more? on Money That Grows On Trees · · Score: 2, Interesting

    double eagles (produced for a short time only) were $20.
    not to be nitpicky, but with production dates from 1850 (1849, if you count patterns) to 1933 and a total mintage of over 100 million pieces, I don't see how the double eagle qualifies as "for a short time only" :-p Sadburger

  3. Re:Is gold even used as money any more? on Money That Grows On Trees · · Score: 5, Informative

    Gold is still available as a currency. At this time, many countries produce gold bullion coins with a face value. Here in the USA we produce the Gold American Eagle series (started in 1986) of gold coins, available in four different sizes (1/10 ounce, 1/4 ounce, 1/2 ounce, and One Ounce). While they are technically produced just for investors and collectors, they do have a legal face value and you could actually spend them, if you didn't mind paying about 8.6 dollars for every dollar you spend (the one ounce piece has a face value of $50, and at todays market price runs about $430)
    Sadburger