Money made today is just paper and worthless metal. Money that was made in the past was made with value in mind so they used Silver and Gold for the coins. A dime made out of silver with today's calculations is simple. It is worth more than a dime (10 cents) it is worth the weight of silver. That silver in the dime is worth more than a Dime made today. (Give value of silver dime)
Last edited by Vodin; 12-21-2013 at 12:01 AM. Reason: Spelling
I like this explanation the best! ^^^Originally Posted by Vodin
I sat down with my two older kids and set a stack of pre-64 coins totaling $1.oo on the table with a stack of post-64 coins totaling $1.00, and a stack of $1.00 bills totaling $10.00 and asked them if they knew which stack was worth more. Obviously they thought the dollar bill stack, but I explained it to them how the silver content was worth more in the pre-64 than either of the other stacks. This led into a discussion of value versus worth and it was pleasantly surprising how easily they got the concept! Now when they get change, they are always looking thru it trying to find pre-64 coins! One son has found quite a few pre-64 dimes and a few quarters as well! Maybe give this a try?
RELIGION IS LIKE A PENIS
Its fine to have one,
Its fine to be proud of it,
But please dont whip it out in public and start waving it around,
And PLEASE dont try to force it down my children's throats.
An armed society is a polite society. Manners are good when one may have to back up his acts with his life.
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