Pegasus Research Consortium

Money, Oil and Politics => Money... Money... Money... => Topic started by: sky otter on October 24, 2013, 02:18:36 AM

Title: $10 silver certificate
Post by: sky otter on October 24, 2013, 02:18:36 AM


http://www.huffingtonpost.com/2013/10/23/man-owns-10-silver-certi_n_4151011.html?utm_hp_ref=business

Sometimes, $10 Is Actually $500,000

(http://i58.servimg.com/u/f58/13/55/53/83/n-ten-10.jpg)


(http://i58.servimg.com/u/f58/13/55/53/83/n-silv10.jpg)

Billy Baeder, Pennsylvania Man, Owns $10 Silver Certificate Worth $500,000

AP  |  Posted: 10/23/2013 2:09 pm EDT

ROYERSFORD, Pa. (AP) — A suburban Philadelphia man has perhaps the most valuable ten-spot you'll ever see.

Thirty-nine-year-old Billy Baeder, of Royersford, owns a 1933 $10 silver certificate that an auctioneer says is worth at least a half-million dollars.

The bill bears an unusual inscription, "Payable in silver coin to bearer on demand," and has the serial number "A00000001A." It is perhaps the most valuable bill printed since 1929, when bills were shrunk to their current size.

Baeder told Philly.com that his late father, also a collector, bought the bill two dozen years ago for about the price of a compact car.

Matthew Quinn, assistant director of currency for auction house Stack's Bowers, says the bill "would easily be worth about $500,000 and up."

Baeder says he's already turned down a $300,000 offer.
Title: Re: $10 silver certificate
Post by: deuem on October 24, 2013, 03:55:53 AM
See, money was worth something before the fed took over. I need to get busy and find some of these here. Maybe!
Title: Re: $10 silver certificate
Post by: Amaterasu on October 24, 2013, 04:22:53 PM
Money is "worth" whatever value We place on it.  It is merely a token of Our meaningful energy expended, whether it is notched and split sticks or a lump of metal.

What is making Our money "worthless" is the lending of it by the issuer at INTEREST.  We are indebted for this very reason.