Thread: Currency
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Old 10-21-2010, 06:46 AM
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Default Coins

I think there could be two types of currency in Twilight 2000.

First would be Bullion Coins, nine nations mint Gold, Platinum, and Silver Bullion Coins; and a large number would be in circulation (How many I do not know, I could not find a number).

Second would be Junk Sliver. Junk silver is an informal term used in the United States, United Kingdom, Canada and Australia for any silver coin which is in fair condition and has no numismatic or collectible value above the bullion value of the silver it contains. The word "junk" refers only to the value of the coins as collectibles and not to the actual condition of the coins; junk silver is not necessarily scrap silver. In Twilight 2000 Junk Silver coins would be a currency for several reasons:

Low Premiums:
Coins were purchased for little or no premium over the spot price of silver, particularly during years leading up the war.

Legal Tender:
Coins remain legal tender and maintain their face value regardless of the price of silver.

Recognition:
Coins are familiar and less likely to have their value disputed than silver rounds or bars.

Divisibility:
Coins can be easily spent or traded in small amounts. In contrast, minted silver bullion is rarely smaller than a troy ounce, while minted gold bullion (and other precious metals) is highly valued in even small amounts, like the American Gold Eagle coins.

Viable Alternative:
In the aftermath of the nuclear attacks, in which traditional currency collapsed, junk silver coins provided a viable temporarily alternative, while the fiat currency (paper money), which was not backed by precious metals or other commodities, emerged with no inherent value and was subject to extreme inflation, even hyperinflation.


I have included a list of available Junk Sliver and Bullion Coins.
Attached Files
File Type: doc Bullion Coins Available In Twilight 2000.doc (51.0 KB, 200 views)
File Type: doc Junk Silver Available in Twilight 2000.doc (118.0 KB, 153 views)
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