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<p>[QUOTE=&quot;cladking, post: 448169, member: 68&quot;]What I mean is that if the gold coins were being worn out they would have to be recalled and recoined many times.&nbsp; Each time they came back there would be some loss not only from the lost and destroyed coins but also 4% loss from wear.&nbsp; Just 4% loss of metal from wear repeated over and over for 17 centuries would be substantial.&nbsp; </p><p><br /></p><p>Of course in real life most government entities don&#039;t last long enough for their coins to wear so much but they are eventually gathered up by some means and reissued by a new authority.&nbsp; Most of the gold mined from the beginning of time still exists.&nbsp; Almost all the old silver is gone because of loss in coinage and, of course, industrial consumption.&nbsp; Coin wear isn&#039;t a major factor in loss of silver in the last hundred years but it is with old silver.[/QUOTE]</p><p><br /></p>

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