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	<title>
	Comments on: Heritage U.S. and World &#038; Ancient Coins Auctions Top $85.7 Million During ANA Week	</title>
	<atom:link href="https://www.coinnews.net/2022/09/02/heritage-u-s-and-world-ancient-coins-auctions-top-85-7-million-during-ana-week/feed/" rel="self" type="application/rss+xml" />
	<link>https://www.coinnews.net/2022/09/02/heritage-u-s-and-world-ancient-coins-auctions-top-85-7-million-during-ana-week/</link>
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		<title>
		By: c_q		</title>
		<link>https://www.coinnews.net/2022/09/02/heritage-u-s-and-world-ancient-coins-auctions-top-85-7-million-during-ana-week/#comment-514301</link>

		<dc:creator><![CDATA[c_q]]></dc:creator>
		<pubDate>Fri, 02 Sep 2022 21:04:45 +0000</pubDate>
		<guid isPermaLink="false">https://www.coinnews.net/?p=92133#comment-514301</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://www.coinnews.net/2022/09/02/heritage-u-s-and-world-ancient-coins-auctions-top-85-7-million-during-ana-week/#comment-514282&quot;&gt;c_q&lt;/a&gt;.

there are many currencies out there like that.  the russian ruble isn&#039;t that much better the yen (at 60 per USD, at least &#039;officially&#039;, black market rates even worse).  indonesian rupee is much worse at about 15000 per dollar, though at least it is relatively stable and isn&#039;t bouncing around much.

of course the worst modern case is the zimbabwe dollar.  in the last 20 years zimbabwe has had three re-valuations of its currency for a combined total of &lt;em&gt;25 &lt;/em&gt;decimal places moved.   they eventually gave up on their own currency and demonetized it, offering zimbabwe bank account holders 1 US dollar for every 7 &lt;em&gt;quadrillion &lt;/em&gt;zimbabwe dollars.  although 9 currencies are now officially legal tender, 90% of all transactions are now done in US dollar (and much of the remainder are south africa rand).]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://www.coinnews.net/2022/09/02/heritage-u-s-and-world-ancient-coins-auctions-top-85-7-million-during-ana-week/#comment-514282">c_q</a>.</p>
<p>there are many currencies out there like that.  the russian ruble isn&#8217;t that much better the yen (at 60 per USD, at least &#8216;officially&#8217;, black market rates even worse).  indonesian rupee is much worse at about 15000 per dollar, though at least it is relatively stable and isn&#8217;t bouncing around much.</p>
<p>of course the worst modern case is the zimbabwe dollar.  in the last 20 years zimbabwe has had three re-valuations of its currency for a combined total of <em>25 </em>decimal places moved.   they eventually gave up on their own currency and demonetized it, offering zimbabwe bank account holders 1 US dollar for every 7 <em>quadrillion </em>zimbabwe dollars.  although 9 currencies are now officially legal tender, 90% of all transactions are now done in US dollar (and much of the remainder are south africa rand).</p>
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		<title>
		By: Antonio		</title>
		<link>https://www.coinnews.net/2022/09/02/heritage-u-s-and-world-ancient-coins-auctions-top-85-7-million-during-ana-week/#comment-514299</link>

		<dc:creator><![CDATA[Antonio]]></dc:creator>
		<pubDate>Fri, 02 Sep 2022 20:17:37 +0000</pubDate>
		<guid isPermaLink="false">https://www.coinnews.net/?p=92133#comment-514299</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://www.coinnews.net/2022/09/02/heritage-u-s-and-world-ancient-coins-auctions-top-85-7-million-during-ana-week/#comment-514282&quot;&gt;c_q&lt;/a&gt;.

Especially when one has a yen for that acquisition.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://www.coinnews.net/2022/09/02/heritage-u-s-and-world-ancient-coins-auctions-top-85-7-million-during-ana-week/#comment-514282">c_q</a>.</p>
<p>Especially when one has a yen for that acquisition.</p>
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		<item>
		<title>
		By: c_q		</title>
		<link>https://www.coinnews.net/2022/09/02/heritage-u-s-and-world-ancient-coins-auctions-top-85-7-million-during-ana-week/#comment-514282</link>

		<dc:creator><![CDATA[c_q]]></dc:creator>
		<pubDate>Fri, 02 Sep 2022 16:02:33 +0000</pubDate>
		<guid isPermaLink="false">https://www.coinnews.net/?p=92133#comment-514282</guid>

					<description><![CDATA[so had to look it up, the 10 yen gold coin in 1870 was basically equivalent weight as a contemporary US 10 dollar gold coin. so at that time the yen was roughly worth the same as a us dollar. but today, you can get about 140 yen for a dollar.

so despite what people think about the dollar being worth so much less than before, imagine how the japanese feel about the yen, relatively speaking.  today, a 10 yen coin is the smallest denomination accepted by most vending machines.]]></description>
			<content:encoded><![CDATA[<p>so had to look it up, the 10 yen gold coin in 1870 was basically equivalent weight as a contemporary US 10 dollar gold coin. so at that time the yen was roughly worth the same as a us dollar. but today, you can get about 140 yen for a dollar.</p>
<p>so despite what people think about the dollar being worth so much less than before, imagine how the japanese feel about the yen, relatively speaking.  today, a 10 yen coin is the smallest denomination accepted by most vending machines.</p>
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		<item>
		<title>
		By: Antonio		</title>
		<link>https://www.coinnews.net/2022/09/02/heritage-u-s-and-world-ancient-coins-auctions-top-85-7-million-during-ana-week/#comment-514281</link>

		<dc:creator><![CDATA[Antonio]]></dc:creator>
		<pubDate>Fri, 02 Sep 2022 15:57:37 +0000</pubDate>
		<guid isPermaLink="false">https://www.coinnews.net/?p=92133#comment-514281</guid>

					<description><![CDATA[Enter the dragon!]]></description>
			<content:encoded><![CDATA[<p>Enter the dragon!</p>
]]></content:encoded>
		
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