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<p>[QUOTE=&quot;The Eidolon, post: 24586294, member: 102103&quot;]Interesting question!&nbsp; George III had a long reign.&nbsp; Are you referring to the period affected by the French Revolution (~1789-1815)?&nbsp; I would guess the total mintage of Maundy coins would be too small to make much of a dent even if all of them had made it into circulation.&nbsp; I don&#039;t think the mints decrepitude was the primary factor.</p><p><br /></p><p>From what I can remember from &quot;The Big Problem of Small Change&quot;:</p><p>1)&nbsp; Before the French Revolution, the gold/silver price ratio for UK coinage was a little off, which tended to cause silver coins not to circulate.</p><p><br /></p><p>2) During the wars, I think the gold convertibility of paper money was temporarily suspended, which made all hard money more attractive compared to paper.</p><p><br /></p><p>3)&nbsp; The French raid on Wales in 1797 caused panic of a mass naval invasion.&nbsp; This raised the price of copper, as it was used in cladding for ship construction.&nbsp; This made coins like the 1797 &quot;cartwheel&quot; 1 and 2 pence too heavy to circulate as their copper value came to exceed their face value.</p><p><br /></p><p>Anyway, I guess I&#039;m trying to say multiple shifts in the demand curve for money caused by economic shocks caused a lot of the shortages in coins of multiple metals.&nbsp; I don&#039;t thing the Maundy mintages were nearly enough to offset that.&nbsp; I&#039;m not an expert nor a historian, of course.[ATTACH=full]1561203[/ATTACH]</p><p><br /></p><p>Edit:&nbsp; I forgot, another good source on this era:&nbsp; <a href="https://www.amazon.com/Good-Money-Birmingham-Beginnings-1775-1821/dp/0472116312/ref=sr_1_1?crid=NIFF98AZB4H5&amp;keywords=birmingham+button+makers&amp;qid=1685047228&amp;sprefix=birmingham+button+maker%2Caps%2C154&amp;sr=8-1" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.amazon.com/Good-Money-Birmingham-Beginnings-1775-1821/dp/0472116312/ref=sr_1_1?crid=NIFF98AZB4H5&amp;keywords=birmingham+button+makers&amp;qid=1685047228&amp;sprefix=birmingham+button+maker%2Caps%2C154&amp;sr=8-1" rel="nofollow">Good Money</a>: Birmingham Buton Makers, The Royal Mint, and the Beginnings of Modern Coinage 1775-1821[/QUOTE]</p><p><br /></p>

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