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It is worth two dollars.

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13y ago

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What year did Nixon let the dollar float?

As the United States continued printing more and more paper money in the latter half of the 20th century -- backed by the very same amount of gold held by the United States Treasury -- by 1970 the percentage of each dollar that was actually backed by gold had fallen from 100% (in 1933) to 22%. That's why in 1971 President Richard Nixon removed the dollar from the gold standard. And, since that time, the actual value of the United States Dollar has has been whatever an individual has believed it to be worth at any given time, as the value of the dollar has not been guaranteed by anything of intrinsic value, such as gold or silver. The United States Dollar currently is not guaranteed as possessing any value whatsoever. It's simply worth whatever a person thinks it is. Although there are other factors, the removal of the link between the value of gold and the value of the dollar has been a major reason the United States Dollar is now only worth 10%-15% of its value in 1971.


How much is a 1933 gold dollar worth?

Sorry, the US produced no gold one dollar coins in 1933. Post new question.


What is a 1933 silver certificate 1 bill worth?

A 1 dollar denomination silver certificate was not made in 1933 only 10 dollar. That being said if you have one it is fake.....its worth $0.00


When did the United States declare bankruptcy?

In 1933


When was United States Conference of Mayors created?

United States Conference of Mayors was created in 1933.


What country did the US recognize in 1933?

In 1933, the United States recognized the Soviet Union. After the fall of the Soviet Union in 1991, the United States came to recognize Russia.


When was the Prohibition era in the united States?

Prohibition ended on December 5, 1933 when the 18th amendment to the Constitution of the United States was ratified.


What country did US recognize in in 1933?

In 1933, the United States recognized the Soviet Union. After the fall of the Soviet Union in 1991, the United States came to recognize Russia.


How much is a 1933 gold twenty dollar coin worth?

The ONLY legal 1933 double eagle sold in 2002 for $7,590,020.00


How much is a 1933 Indian head ten dollar coin worth?

$45,000- $135,000


When did United States Marine Hospital of Louisville end?

United States Marine Hospital of Louisville ended in 1933.


When was United States National Maritime Day created?

United States National Maritime Day was created in 1933.