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<p>[QUOTE="rick, post: 70134, member: 1235"]I don't mind being corrected, but I don't think that's right - of course, I know you know more than me, so I am confused... I pulled a few things off the internet, researching the point:</p><p> </p><p><b>clipping</b></p><p><font size="3">Deliberate shearing or shaving from the edge of gold and silver coins. Was quite common from the Byzantine to the Colonial eras, so much so that many authorities employed edge devices in order to discourage this practice.</font> </p><p> </p><p>_________</p><p> </p><p>To illuminate the severity of the criminal act of inflation and coin-clipping, here is the law from the Roman Empire, in 343 A.D.:</p><p><br /></p><p><br /></p><blockquote><p>"All solidi on which appears our face (imago) and which have the same degree of veneration must be valued and sold at the same price, although the size of the image may vary. For a solidus that is extended with a greater appearance of the Emperor's face is not worth a greater price, nor must one that is compressed with a smaller image be supposed to be of a less value, when the weight is the same. But <b>if anyone should do otherwise, he shall be capitally punished or be delivered to the flames or subjected to some other fatal punishment.</b> That person also shall suffer this penalty who clips off a portion of the outer edge so that he diminishes the amount of the weight or who, when selling money, substitutes a debased counterfeit for a stamped solidus."</p><p><br /></p><p> </p><p>Source: Law of February 18, 343 A.D., CTh IX. 22. 1, Pharr translation. Emperor Constantius II (337-361) to the Praetorian Prefect Leontius. See discussion in P. Grierson, "The Roman Law of Counterfeiting," in ERCHM, pp. 248-61.</p><p> </p><p><br /></p><p><br /></p></blockquote><p>I didn't site my sources, which is bad form... but I just cut and pasted a couple items.[/QUOTE]</p><p><br /></p>
[QUOTE="rick, post: 70134, member: 1235"]I don't mind being corrected, but I don't think that's right - of course, I know you know more than me, so I am confused... I pulled a few things off the internet, researching the point: [b]clipping[/b] [size=3]Deliberate shearing or shaving from the edge of gold and silver coins. Was quite common from the Byzantine to the Colonial eras, so much so that many authorities employed edge devices in order to discourage this practice.[/size] _________ To illuminate the severity of the criminal act of inflation and coin-clipping, here is the law from the Roman Empire, in 343 A.D.: [indent]"All solidi on which appears our face (imago) and which have the same degree of veneration must be valued and sold at the same price, although the size of the image may vary. For a solidus that is extended with a greater appearance of the Emperor's face is not worth a greater price, nor must one that is compressed with a smaller image be supposed to be of a less value, when the weight is the same. But [b]if anyone should do otherwise, he shall be capitally punished or be delivered to the flames or subjected to some other fatal punishment.[/b] That person also shall suffer this penalty who clips off a portion of the outer edge so that he diminishes the amount of the weight or who, when selling money, substitutes a debased counterfeit for a stamped solidus." Source: Law of February 18, 343 A.D., CTh IX. 22. 1, Pharr translation. Emperor Constantius II (337-361) to the Praetorian Prefect Leontius. See discussion in P. Grierson, "The Roman Law of Counterfeiting," in ERCHM, pp. 248-61. [/indent]I didn't site my sources, which is bad form... but I just cut and pasted a couple items.[/QUOTE]
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