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Bullion flows - Bullion famines?
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<p>[QUOTE="dougsmit, post: 3232078, member: 19463"]Wow, I almost skipped this thread since it had the word Bullion in the title but when I saw who started it, I have to check it out. I agree that this is a question that can only be answered if we make assumptions that are probably best not made but it raises the basic questions of coinage. Why did they want to strike the coins? Where did the get the metal? What happened to the coins that are no longer known to exist? I am allergic to the term bullion since it promotes the theory that any ounce of metal is just like any other ounce of metal. If a hoard of well corroded ancient silver coins were found at the bottom of a well in condition that made them identifiable but ugly as sin and worth only melt, I would hope someone would save them from the pot but I would not put any of my money toward the project. As we write here, I suspect that somewhere someone is melting some coins that mean nothing to me but still will mean less to me when they are bricks.[/QUOTE]</p><p><br /></p>
[QUOTE="dougsmit, post: 3232078, member: 19463"]Wow, I almost skipped this thread since it had the word Bullion in the title but when I saw who started it, I have to check it out. I agree that this is a question that can only be answered if we make assumptions that are probably best not made but it raises the basic questions of coinage. Why did they want to strike the coins? Where did the get the metal? What happened to the coins that are no longer known to exist? I am allergic to the term bullion since it promotes the theory that any ounce of metal is just like any other ounce of metal. If a hoard of well corroded ancient silver coins were found at the bottom of a well in condition that made them identifiable but ugly as sin and worth only melt, I would hope someone would save them from the pot but I would not put any of my money toward the project. As we write here, I suspect that somewhere someone is melting some coins that mean nothing to me but still will mean less to me when they are bricks.[/QUOTE]
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