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<p>[QUOTE="ErolGarip, post: 2840485, member: 88736"](Kentucky and Truble, take this lesson from mr Thomas how an on-topic post can be posted here. Thanks Thomas Mozzillo, I had started to feel I was totally alone here.) </p><p><br /></p><p>As for 1776 Continental Currency coin. I immediately checked it on the net. <a href="https://coins.nd.edu/ColCoin/ColCoinText/CC-Dollar.1.html" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://coins.nd.edu/ColCoin/ColCoinText/CC-Dollar.1.html" rel="nofollow">https://coins.nd.edu/ColCoin/ColCoinText/CC-Dollar.1.html</a> - Yes, it does not have any denomination/value on it. I first thought it was similar to British Sovereing coin with no numeral which was mentioned by someones in this thread, I thought that 1776 coin was copied from the British Sovereing coin. But, that Sovereign coin had started after 1800. Then, I guessed there was another British coin pre-1800 and yes, I just learnt "Guniea coin" of Britain which does not have any numeral value on it, either and that Guniea coin was in between 1600s-1800s before it was cancelled. I see there was another one, similar one, Spain dollar coin which did not have a numeral value on it, either and it was also used during colonial period in the continent America. However, Britain influence there in the continent America in between 1700s-1800 was more, so, that continental currency in 1776 was probably related to Britain currencies of those days. There is an article here on "The value of money in colonial America" <a href="http://www.learnnc.org/lp/editions/nchist-colonial/1646" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.learnnc.org/lp/editions/nchist-colonial/1646" rel="nofollow">http://www.learnnc.org/lp/editions/nchist-colonial/1646</a> </p><p><br /></p><p>Ok, these are, last few centuries, near past considering long history of the money. Still, all these info are also helpful in searching an answer to questioning "why there was no any mark of value on most of ancient coins and on some of near past coins" which is the point of this thread. One of possible answers seems to be that in the history "major" coins such as "Guniea" coin were minted first and later, they were divided into "minor" coins. So, people knew "major" first and then "minor". And, this kind of view of money was not left in the past. It is still same even though all coins today have numerals, marks of values on them. For example, while there is "cent" in the U.S. which to me is the real currency in the U.S., people&state there still call "dollar" as the U.S. currency. It is as if there are two currencies in the U.S. Even naming a currency as "major" and "minor" currencies is false as there is only one currency in the U.S. today and it is "cent". Why people tend to look at the so called major, i.e. "dollar", rather than the so called minor, i.e. "cent" in the past and today is totally relevant to economy reason and this is where we are at now in this thread. (in my previous post before Kentucky and Truble went Off-Topic as they always do, I had arrived at a conclusion that "the economy is dancing around an imaginary 15cent coin." So, also economically, we are still at "cent", not at "dollar".)[/QUOTE]</p><p><br /></p>
[QUOTE="ErolGarip, post: 2840485, member: 88736"](Kentucky and Truble, take this lesson from mr Thomas how an on-topic post can be posted here. Thanks Thomas Mozzillo, I had started to feel I was totally alone here.) As for 1776 Continental Currency coin. I immediately checked it on the net. [url]https://coins.nd.edu/ColCoin/ColCoinText/CC-Dollar.1.html[/url] - Yes, it does not have any denomination/value on it. I first thought it was similar to British Sovereing coin with no numeral which was mentioned by someones in this thread, I thought that 1776 coin was copied from the British Sovereing coin. But, that Sovereign coin had started after 1800. Then, I guessed there was another British coin pre-1800 and yes, I just learnt "Guniea coin" of Britain which does not have any numeral value on it, either and that Guniea coin was in between 1600s-1800s before it was cancelled. I see there was another one, similar one, Spain dollar coin which did not have a numeral value on it, either and it was also used during colonial period in the continent America. However, Britain influence there in the continent America in between 1700s-1800 was more, so, that continental currency in 1776 was probably related to Britain currencies of those days. There is an article here on "The value of money in colonial America" [url]http://www.learnnc.org/lp/editions/nchist-colonial/1646[/url] Ok, these are, last few centuries, near past considering long history of the money. Still, all these info are also helpful in searching an answer to questioning "why there was no any mark of value on most of ancient coins and on some of near past coins" which is the point of this thread. One of possible answers seems to be that in the history "major" coins such as "Guniea" coin were minted first and later, they were divided into "minor" coins. So, people knew "major" first and then "minor". And, this kind of view of money was not left in the past. It is still same even though all coins today have numerals, marks of values on them. For example, while there is "cent" in the U.S. which to me is the real currency in the U.S., people&state there still call "dollar" as the U.S. currency. It is as if there are two currencies in the U.S. Even naming a currency as "major" and "minor" currencies is false as there is only one currency in the U.S. today and it is "cent". Why people tend to look at the so called major, i.e. "dollar", rather than the so called minor, i.e. "cent" in the past and today is totally relevant to economy reason and this is where we are at now in this thread. (in my previous post before Kentucky and Truble went Off-Topic as they always do, I had arrived at a conclusion that "the economy is dancing around an imaginary 15cent coin." So, also economically, we are still at "cent", not at "dollar".)[/QUOTE]
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