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<p>[QUOTE="Valentinian, post: 2965068, member: 44316"]"Billon" is a vague term. In antiquity, silver was worth on the order of 100 times as much as copper, so even 1% silver makes the intrinsic value double and 4% silver would make it almost five times as valuable as pure copper. </p><p><br /></p><p>Therefore, it is important to distinguish "some silver" from "no silver". The ancients would have wanted to know how much silver, but we often don't know very precisely. Then we can call it "billon." </p><p><br /></p><p>In ancient coins the term "billon" is not used for the narrow range "30-40%", rather more like the wide range "some silver, but probably less than 50% and not so much it looks like good silver."[/QUOTE]</p><p><br /></p>
[QUOTE="Valentinian, post: 2965068, member: 44316"]"Billon" is a vague term. In antiquity, silver was worth on the order of 100 times as much as copper, so even 1% silver makes the intrinsic value double and 4% silver would make it almost five times as valuable as pure copper. Therefore, it is important to distinguish "some silver" from "no silver". The ancients would have wanted to know how much silver, but we often don't know very precisely. Then we can call it "billon." In ancient coins the term "billon" is not used for the narrow range "30-40%", rather more like the wide range "some silver, but probably less than 50% and not so much it looks like good silver."[/QUOTE]
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