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/biz/ - Business & Finance

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>> No.57212680 [View]
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57212680

>>57212639
I was always baffled as to why the swiss coins held such a premium, they probably melt everyones coins to turn them into swiss coins lmao
Hitlr and Degaulle did the same with silver & gold.

>> No.57178470 [View]
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57178470

>>57178433
Fudge that ones hard to explain in meme form but, like in the late 60's similar to how DeGaulle was draining the fed of the fine precious metals and bullion from the Vault, Adol had done the same thing; aware that exorbant money printing had just happened in the USA he merely redeemed the dollars he exchanged for silver. However the Germans were in a particular position as shorting of metals had just been banned and financiers expelled; the metal was worth more over there than it was over here so a half oz 5Rm coin was trading for two silver certificates, redeemed for 2 oz of silver coinage then remelted into reichs, for the repetition of this process.
>5Rm coin 1/2 oz
They are actually .44 i believe
>2 oz of silver coinage
Silver dollars are .77, so 1.54 oz of metal
He was trading about 1 piece of silver for 4 pieces
Imagine if the swiss began slurping our kennedy coin CuNi to melt into $5 swiss coinage

>> No.57161204 [View]
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57161204

>>57161075
Really makes u wonder
>>57161138
Woah those are real nice. I wonder if they like found original dies or just remade them. Also based lighting meme guide

>> No.57136456 [View]
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57136456

>>57136426
Pic semi related

>> No.57099097 [View]
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57099097

>>57099079
KEK gotta come up with an idiomonicker for it like Mercs. Perhaps something woth CuNi
>captcha topkek

>> No.57048267 [View]
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57048267

>>57048247
Weigh the option of less weight + numismatic value versus a higher weight but less giga meme factor.
Pic vaguely unrelated

>> No.57005495 [View]
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57005495

>>57005464
>1933 exchange rates improve for Germany
>2.5 marks to a dollar, formerly 4 marks to a dollar
>exchange 1/2 silver coin (5 reichsmarks) for 2 oz of silver (2 dollars)
>he got 4 pieces of silver from 1 piece by redeeming dollars for silver then melting them back into reichs
>repeat
There was a large price difference between silver in Germany and silver in the usa, AH merely short squeezed the federal reserve who had been printing more than they had backing it up.
Also if u have any recommendations to make it clearer in the meme thatd help too, im open to criticisms 2make better memes.
Pic related: price of a coin here and in Switzerland

>> No.57001901 [View]
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57001901

>>57001860
Quarters and nickel are practically the same in the grand scheme of things. No way the metal in a quarter is worth 5x that of a nickel... both coins are costing around 10 cents to produce.

>> No.57001533 [View]
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57001533

A hamburger token is worth about 5 bucks on account of the fact that the coin is backed by a cheeseburger.

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