Gold triumphed in 1850s silver shortage

by Numismatic News on February 3, 2010

in Coin Collector Education, Coin History, Numismatic News, U.S. Coins, United States Mint

Older collectors will well remember the problems of the mid 1960s when coins were in short supply and silver coins were being sold for a profit to bullion dealers. Within a reasonably short time the problem was under control with the great amounts of “sandwich” coins being struck by the mints.

There was a similar crisis in the mid 19th century, but that one took time to solve. It all began ...

Full Article: Gold triumphed in 1850s silver shortage - Numismatic News

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