There was a time, in fact, when a silver dollar was worth $1. Those days, because of the price of bullion, are long gone. The government long ago removed US currency from a standard based on precious metals for a variety of reasons. For every economist who bemoans this and thirsts for a return to the gold or silver standard, there is another who considers these standards to be as archaic as abacuses and ox-drawn plows. Today, silver is all about investment, and that has real advantages for everyday people who want to safeguard their wealth.
Was a Silver Dollar Ever Worth a Dollar
May 20th, 2010 Posted in Silver Dollars
May, 20 2010