• WiseThat
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    2 months ago

    I don’t understand the point of making a coin that has ~$3500 worth of gold in it, and then giving it an official face value of $50.

    • anachronist@midwest.social
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      2 months ago

      Goldbugs have a lot of nostalgia for the Gilded Age, so they put the face value it where it would have been in 1896.