1 – $1.00 U.S. Federal Note = $1.00 current U.S. dollar by public citizen spending value.
1 – House built today at the cost of $250,000 U.S. Federal Reserve notes at today’s current cost = $250,000 at today’s public value not including any financing, closing costs etc.
1 – .999 Fine American Eagle Silver Dollar = $1.00 U.S. Dollar at “FACE” value.
1 – .999 Fine American Eagle Silver Dollar Spot Price = $16.52 U.S. Federal Reserve notes at 11/21/2014 7:30 AM.
If you take one .999 Fine American Eagle Silver Dollar to a “BANK” and deposit it they will give you a receipt for $1.00 U.S. Dollar deposited at “FACE” value.
The depositor just lost $15.52 after buying one .999 Fine American Eagle Silver Dollar for $16.52 U.S. Federal Reserve notes.
This would mean a House built for $250,000 U.S. Federal Reserve notes will cost the Builder of that House $250,000.00 Right?
Answer: After signing the paper work at the Bank for a $250,000.00 lenders note, the Builder just lost $3,880.000.00
$4,130,000 is value in .999 Fine American Eagle Silver Dollars = $250,000 is the value in U.S. Federal Reserve notes.
250,000 .999 Fine American Eagle Silver Dollars at Spot Price would cost the buyer $4,130,000 U.S. Federal Reserve notes at 11/21/2014 7:30 AM.
08/02/2015 Current Silver Global Spot Price $14.78
