How much is a one Dollar coin of 1887 worth?
Sunday, August 2nd, 2009 at
10:55 pm
Sarah F asked:
I urgently need to get some money, I have some collectors coins and before taking them to the coins place in Houston (I-10) I need to know how much I can get for them without being ripped off.
1 silver dollar - year 1887
1 silver dollar - year 1878
1 dollar Buy Xenical cheap liberty - back says 1776-1976
1 collector dollar coin - year 2003 - 1ounce fine silver
Please help me, I need it urgently.
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 2001 American Eagle Silver Proof 999 1oz pure silver  US $62.05
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 2002 American Eagle Silver Proof 999 1oz pure silver US $59.50
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 2003 American Eagle Silver Proof 999 1oz pure silver US $59.50
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I need to make a correction to the base metal content in the Sacagawea….it’s manganese lol! Your doing great with your vids. :>) As of today the Sacagawea has .03 cents worth of metal content. Hmmm making the Sacagawea a 97% inflated coin. :>(
Complaining about getting change in dollar coins is less fun now that Sacagawea isn't on them. #jeffersonyouhack
probably $5 (Australian) – it's not old and unless it is in Brilliant uncirculated condition or is a proof, it has no extra value to a coin collector
Borrowing money from foreign countries doesn't increase the total amount of money in circulation. Whereas printing money and spending it in the economy increases the total amount of money in circulation.
USA for example borrows US dollars from foreign countries. And these US dollars foreigners bring to USA without any kind of money printing.
Foreigners sell more stuff than they buy in USA. And this leaves them with extra US dollars. And instead of accumulating these US dollars under their mattresses, foreigners bring their US dollars back to USA and buy US Treasury bonds. Which transfers the US dollars foreigners have to the US government.
The US government spends this money on salaries of government workers and various other things. Which transfers these US dollars back into the private economy.
People in the private economy then spend these US dollars on imports from foreign countries. And this again leaves foreigners with extra US dollars. Which they bring back to USA.
The money circulates through the economy like this without any increase in the total amount. And that's why there is no hyperinflation when the US government borrows money instead of printing it.
In borrowing money, the only thing that increases is the amount of debt the US government owes to foreigners. Which is the amount of US Treasury bonds. While the amount of money in circulation remains the same.
But not all borrowing is like this. Within the US economy, banks loan money through the so called Fractional Reserve Banking. Where banks are allowed to loan out many times more money than they have in reserve from their depositors. And this results in temporary printing of money and temporary inflation of the money supply. And it's temporary because when borrowers repay their debts to the banks. Then banks can record only the interest payments as their profit. And the extra money that was created earlier through fractional reserve banking disappears into thin air according to banking rules.
http://en.wikipedia.org/wiki/Fractional-reserve_banking