• Short Summary

    Coin collectors are responsible for a new and highly unusual run on the United States Treasury.

  • Description

    Coin collectors are responsible for a new and highly unusual run on the United States Treasury. They are rushing to snap up the dwindling supply of silver dollars.

    Hundreds of collectors queued outside the Treasury building in Washington on Monday following news that the U.S. Government would resume minting silver dollars to overcome the current shortage. The coin was last minted in 1935 and today, in some cases, is worth more than its nominal value.

    However, to curb speculators, the Treasury has insisted that minimum amount that can be bought is 1,000 dollars -- in exchange for dollar notes.

    Collectors have been buying bags of dollars, going through them to extract valuable rare coins, and then selling the ordinary ones back to the Treasury again. Some collectors have made several hundred dollars through selling rare coins to fellow-collectors.

  • Tags

  • Data

    Film ID:
    VLVACB6B46B2OITHF6VV6XEI77TH8
    Media URN:
    VLVACB6B46B2OITHF6VV6XEI77TH8
    Group:
    Reuters - Source to be Verified
    Archive:
    Reuters
    Issue Date:
    25/03/1964
    Sound:
    Unknown
    HD Format:
    Available on request
    Stock:
    Black & White
    Duration:
    00:01:20:00
    Time in/Out:
    /
    Canister:
    N/A

Comments (0)

We always welcome comments and more information about our films.
All posts are reactively checked. Libellous and abusive comments are forbidden.

Add your comment