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In 1945, US intelligence officers in Manila discovered that the Japanese had hidden large quantities of gold bullion and other looted treasure in the Philippines. President Truman decided to recover the gold but to keep its riches secret. These, combined with Japanese treasure recovered during the US occupation, and with recovered Nazi loot, would create a worldwide American political action fund to fight communism. This 'Black Gold' gave Washington virtually limitless, unaccountable funds, providing an asset base to reinforce the treasuries of America's allies, to bribe political and military leaders, and to manipulate elections in foreign countries for more than fifty years.
"Junk silver" is a term to describe U.S. dimes, quarters, and half dollars that were minted in 1964 and earlier, as well as various other U.S. coins, because they are composed of between 35% and 90% silver, while newer and current coins are composed of the much cheaper base metals copper and nickel. This comprehensive book covers everything you need to know about U.S. junk silver coins, from the history of how and why the Government made the switch away from silver, to the many benefits of holding junk silver today. In addition, you'll learn crucial information including: how wear and condition affect the silver content of coins, how to detect counterfeits, how to buy and sell junk silver coins wisely, and much, much more. The 2nd edition has new and updated material throughout the book, as well as several new chapters, including information on Canadian junk silver coins, and U.S. base metal coinage.