this post was submitted on 23 Sep 2024
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[–] WiseThat@lemmy.ca 10 points 3 weeks ago (1 children)

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 4 points 3 weeks 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.