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horgad
1000+ Penny Miser Member
USA
1641 Posts |
 Posted - 03/25/2008 : 11:24:35
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quote:
Originally posted by Cerulean
Mexico recently had partial silver in their 10, 20 and 50 peso coins, though the source I got this from was a few years old and out of date.
The last time Mexico made silver coins was to instill confidence when introducing their newest currency. The ploy seems to have worked, as since then, the government has been able to print fiat steadily without causing a currency collapse. Anyhow, I believe, that all or most of the silver coins that are/were part of the newest Mexican currency are currently worth more than face and are no longer circulated and they stopped making them.... |
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IMF rule prohibiting currency based against gold
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