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<p>[QUOTE=&quot;-jeffB, post: 2469404, member: 27832&quot;]But how much did gold coins <i>really</i> &quot;circulate&quot;? It seems to me that most people don&#039;t (and didn&#039;t) want to routinely carry &quot;relevant value&quot;, enough to buy a horse or a car, in a form that&#039;s easily lost or stolen.</p><p><br /></p><p>It also seems like there would always be more transactions of low value, and fewer of high value, meaning low-value coins would get more exercise. (Not relevant today, when <i>all</i> coins issued for circulation are &quot;low-value&quot;.)[/QUOTE]</p><p><br /></p>

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