The reader is advised to grip the chair tightly for this next one. Through all the Eisenhower years the dollar was backed by silver. Paper dollars were directly convertible to silver coinage on a 1-to-1 basis, on any business day, at any bank with a national charter, in any amount an ordinary person was likely to have, with never a thought it would be otherwise.Have you priced an Eisenhower era roll of silver quarters lately? Despite the recent drop in market silver prices, most ten dollar rolls of run of the mill silver quarters still sell for more than 200 bucks on eBay.
Monday, May 6, 2013
I like Ike
Over at the Woodpile Report, Ol' Remus seems to wax nostalgic for the way America was under Eisenhower. Among his reminisces: