Face Value

Bones

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Feb 24, 2011, 11:43:33 AM2/24/11

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What is the "official" face value of mules? I'm thinking the Sac
Dollar/State Quarter mule of a few years ago. But also currency that
has something like one dollar on one side and five dollars on the
other. If I took these legally released items to a bank, what would I
get for them? Or, if I got them from a bank, what would they be paying
me?

On a similar note, what is the monetary value of the big 5oz ATB
silver quarters. I've only seen pictures of the reverse of these
coins. Are they "officially" 25 cent pieces?

I'm not saying that any of these scenarios would be the smart thing to
do. I am just asking about the official value.

Beanie

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Feb 24, 2011, 11:54:09 AM2/24/11

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"Bones" <mah...@yahoo.com> wrote in message
news:8786422d-48cc-4414...@d12g2000prj.googlegroups.com...

Good question!
Are the 5 OZ ATBs marked as 25 cents/Quarter Dollar?
Like you, I've only seen the reverse.

Michael Benveniste

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Feb 24, 2011, 2:20:30 PM2/24/11

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"Bones" <mah...@yahoo.com> wrote:

> What is the "official" face value of mules?

As far as I know, there is no legal face value for a mule,
because the face value is set by fiat and the legislation is
silent on the issue. The same is true for coins stuck on an
incorrect planchet.

> On a similar note, what is the monetary value of the big 5oz ATB
> silver quarters. I've only seen pictures of the reverse of these
> coins. Are they "officially" 25 cent pieces?

Here the law does provide guidance. Section 201(D) states that
each hockey puck shall "bear an inscription of the denomination
of such coin, which shall be 'quarter dollar'.

They are legal tender for $0.25 each.

--
Mike Benveniste -- m...@murkyether.com (Clarification Required)
Its name is Public opinion. It is held in reverence. It settles
everything. Some think it is the voice of God. -- Mark Twain

dlhii

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Feb 24, 2011, 9:03:16 PM2/24/11

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"Michael Benveniste" <m...@murkyether.com> wrote:

>"Bones" <mah...@yahoo.com> wrote:
>
>> What is the "official" face value of mules?
>
>As far as I know, there is no legal face value for a mule,
>because the face value is set by fiat and the legislation is
>silent on the issue. The same is true for coins stuck on an
>incorrect planchet.
>
>> On a similar note, what is the monetary value of the big 5oz ATB
>> silver quarters. I've only seen pictures of the reverse of these
>> coins. Are they "officially" 25 cent pieces?
>
>Here the law does provide guidance. Section 201(D) states that
>each hockey puck shall "bear an inscription of the denomination
>of such coin, which shall be 'quarter dollar'.
>
>They are legal tender for $0.25 each.

http://atbsilver.com/ Yep, $0.25 each, heck I'll splurge and offer
$1.00 each for them.
Like others I am not interested in them, other than melt.

Michael Benveniste

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Feb 25, 2011, 8:52:38 AM2/25/11

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"dlhii" <dl...@here.net> wrote:

> http://atbsilver.com/ Yep, $0.25 each, heck I'll splurge and offer
> $1.00 each for them.

I'll be glad to sell you one of them for $1.00 if you'll sell
me a 1 oz Gold American Eagle for $50 :-).

When gold was near its nadir, it was possible to buy Bahamian
$100 gold NCLT for around face value or even a tad less. I was
hoping to get to the Bahamas so I could spend one of them. Alas,
it was not to be.

Jud

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Feb 25, 2011, 1:39:44 PM2/25/11

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On Feb 24, 9:03 pm, dlhii <dl...@here.net> wrote:
Yep, $0.25 each, heck I'll splurge and offer
> $1.00 each for them.
> Like others I am not interested in them, other than melt.

OK SOLD!!! But I want an authentic, genuine 1895 dollar, MS63+. That's
the dollar I want.