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Gold Coins as Money |
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alexander01
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Joined: 15 Dec 2011 Location: France Status: Offline Points: 21 |
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Topic: Gold Coins as MoneyPosted: 17 Jan 2012 at 1:08pm |
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Coins are a convenient way of using gold as money, although central banks also store much of their gold reserves as gold bars, which are also money. For over 2,000 years most coinage systems used gold for their higher value coins, usually along with silver and copper coins also, as gold is too valuable to be useful for low denomination coins.
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jewelerinhouston
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Joined: 23 May 2012 Status: Offline Points: 31 |
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Posted: 30 May 2012 at 9:25pm |
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hi friend.............
although central banks also hauch of their gold bars. which also money as gold is too valuable to be useful for low coins. |
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jewelerinhouston
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Joined: 23 May 2012 Status: Offline Points: 31 |
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Posted: 04 Jun 2012 at 3:33am |
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This may provide a lot of money.
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jewelerinhouston
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Posted: 05 Jun 2012 at 2:09am |
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Goldinvestment
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Joined: 22 Jun 2012 Location: USA Status: Offline Points: 1 |
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Posted: 22 Jun 2012 at 1:37am |
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It Will provide us higher value gold coins as money and it's too valuable to be useful for low denomination coins.
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michaelmcdonald
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Joined: 25 Feb 2013 Status: Offline Points: 7 |
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Posted: 28 Feb 2013 at 2:18am |
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Gold is always kept as a reserve in stead of the paper currency by governments and individuals. Gold has a value of its own and can be converted in to cash whenever required.
Gold and silver are the best investments in the present times. It is a currency which can be used anywhere in the world. |
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MatthewPompa
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Joined: 08 Apr 2013 Location: USA Status: Offline Points: 14 |
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Posted: 08 May 2013 at 10:15pm |
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Well, I believe gold coins make good investments which can be redeemed at a time of crises or as and when required. Gold coins as money is an understatement.
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goldonline
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Joined: 06 Oct 2012 Location: Phoenix, AZ Status: Offline Points: 57 |
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Posted: Yesterday at 12:42am |
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At this time is gold coins investments is good
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