A 94 Year Old Dollar Bill

in #money7 years ago (edited)

94 Year old US Silver Dollar Bill Note

On the front page of reddit today I just see a post with the title:
Found a 94 year old dollar on the ground today

The following is just my thoughts on this entire event.

First, remember sometimes I see purpose in things that otherwise may just be a coincidence. But I wouldn't see this kind of post hitting the top of the frontpage years ago on reddit. The post was submitted in r/mildlyinteresting, though I find it very interesting indeed.

On the page the top (most upvoted) comment actually explains how inflation has devalued our money since when this dollar was printed!

My 2nd thought is that this is an image being displayed to many thousands of people AND it clearly shows them that the dollar of times past had something to do with a precious metals (in this case, Silver). I think this will spark questions and rabbit hole digging inside the hearts and minds of people who haven't yet been exposed to alternative economics, precious metals and likely eventually cryptocurrency as a potential investment.

Reddit users are smart. Sometimes I forget this when I'm turned off by a common enough liberal bias displayed on the platform.

Halfway down the page we do have someone informing the masses that yes, this piece of paper was at one point backed by physical silver bullion, the only constitutionally recognized legal tender in the US.
94 year old dollar.png

Cheers to information awareness, and a potential future return to sound money, or more properly: sound cryptocurrency!

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I wonder if it can still be redeemed for silver?

My grandparents have several of these "silver certificates." They're a really neat part of US currency history. It's just too bad you can't still redeem them. They do make nice collector's items though.

Could possibly redeem through a nice silver stacker perhaps; actually the silver certificate probably has good collector value still
https://www.ebay.com/sch/i.html?_from=R40&_trksid=p2380057.m570.l1313.TR1.TRC0.A0.H0.X4tb+samsung+ssd.TRS0&_nkw=1922+silver+certificate&_sacat=0

I'll keep that in mind. Thanks for sharing.

no problem. I'm sure I'll touch on gold/silver in a post sometime; love the metals; just got so passionate about bitcoin and I know many metal lovers came around after metals stopped trading the way everyone anticipated; but with mines shutting down and technology seeing no drop in demand for silver requiring hardware/electronics, we're gonna see that rise in metals SOMETIME!

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