Pottapaug1938 wrote:No -- what YOU are saying is BS. If the U.S. mint issues a one ounce silver coin with a face value of one dollar on it, then it can only be exchanged for one other dollar -- i.e., a FRN, or the equivalent in coins; or it can legally be exchanged for good to the value of the same sort of dollar.
Ok Tarzan.... would u care to back up your wishfullness with Federal Statute?
Despite your most fervent wishes, there is NO other dollar; and if you walk into a grocery store, buy some groceries, and tender your silver dollar in payment, the grocer will accept it and thank you for your patronage; and after you leave he will have a good laugh about the idiot who paid for groceries worth $1 with a silver dollar worth many times that amount.
ok, your a little slow.....you buy groceries that would normally cost 30 some in frns, and instead of using 30 ONE DOLLAR frns, you use a silver dollar.
Te FRN, despite your most fervent wishes, is a dollar -- the only dollar -- because under the authority conferred by the Constitution, Congress has said so.
Not exactly Tarzan....
31usc 5103.....TITLE 31 > SUBTITLE IV > CHAPTER 51 > SUBCHAPTER I > § 5103
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§ 5103. Legal tender
How Current is This?
"United States coins and currency (including Federal reserve notes and circulating notes of Federal reserve banks and national banks) are legal tender for all debts, public charges, taxes, and dues. Foreign gold or silver coins are not legal tender for debts."
Last I looked, US gold and silver Eagles dollars ARE US coins.
Yep! And by ME!Game, set, match.
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