Author Topic: A Trillion Dollar Coin? Shutup, Internet! (CE Forum)  (Read 4301 times)

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Re: A Trillion Dollar Coin? Shutup, Internet! (CE Forum)
« Reply #30 on: January 08, 2013, 04:12:31 PM »

Offline Cman

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Good news for me. I have a lot of my savings in gold and real estate.

As an investor, I am also expecting good things for gold over the short term.
Celtics fan for life.

Re: A Trillion Dollar Coin? Shutup, Internet! (CE Forum)
« Reply #31 on: January 08, 2013, 04:46:07 PM »

Offline BballTim

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  So if someone managed to steal the coin, does it retain it's value? Can you then buy, for example, South America?

Re: A Trillion Dollar Coin? Shutup, Internet! (CE Forum)
« Reply #32 on: January 08, 2013, 05:22:20 PM »

Offline Interceptor

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So if someone managed to steal the coin, does it retain it's value? Can you then buy, for example, South America?
It's only worth what someone will pay for it. Good luck finding a fence that can move a one trillion dollar coin that Uncle Sam is probably looking for.

Re: A Trillion Dollar Coin? Shutup, Internet! (CE Forum)
« Reply #33 on: January 08, 2013, 05:35:15 PM »

Offline Celtics4ever

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Quote
. Good luck finding a fence that can move a one trillion dollar coin

A fence would never give you what it is worth anyways.  But I agree it would be too hot to handle.  But you could Swiss Deposit it and live off interest perhaps, I still think pressure would be too great.

Re: A Trillion Dollar Coin? Shutup, Internet! (CE Forum)
« Reply #34 on: January 08, 2013, 05:36:42 PM »

Offline fairweatherfan

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BTW, if anyone's never seen it, here's the highest denomination we've ever officially produced:



That's Woodrow Wilson if it's tough to make out.  We've also printed $10,000 (Salmon P Chase), $5,000 (Madison), $1,000 (Cleveland), and $500 (McKinley) bills, and actually publicly circulated all but the $100k bill for a short time.

Re: A Trillion Dollar Coin? Shutup, Internet! (CE Forum)
« Reply #35 on: January 08, 2013, 06:11:56 PM »

Offline Interceptor

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Re: A Trillion Dollar Coin? Shutup, Internet! (CE Forum)
« Reply #36 on: January 08, 2013, 06:24:16 PM »

Offline rocknrollforyoursoul

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"There are two kinds of people: those who say to God, 'Thy will be done,' and those to whom God says, 'All right, then, have it your way.'"

"You don't have a soul. You are a Soul. You have a body."

C.S. Lewis