Question about off quality and damaged silver dollars?

Thanks Cap,

Your explanation helped firm up my assumptions and you put in practicable language.

My next question is based on curiosity and your knowledge of Central/South American culture. How would one use PM's in that environment? In a scenario where the leading currency in the world (U.S) collapsed and other currencies were still viable.
 
BTW, one of the reason people collect peace dollars and such is that they have been declared collectors items for thier numastic value and therefore are not subject to confiscation in the same way bullion coins are.

this is pure bullshit.

If a government is going to steal property in the name of security or prosperity, or whatever reason they feel like giving, then they will.
 
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