Aren’t Disney dollars and other currencies offered by entertainment venues as an alternate to cash a form of seignorage by which the issuer benefits?
Souvenir scrip can be purchased at a theme or entertainment park at face value. The scrip can later be redeemed by spending it at that venue. This is a novel way of creating seignorage for the issuer since many people will simply keep the scrip as a souvenir rather than spend it
Category Archives: grade-flation
Present prices present opportunities
(Image courtesy http://moneysoldiers.com)
If you are a coin dealer, you’ve taken your lumps over the past two years. Bullion gold and silver prices have remained relatively flat