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<p>[QUOTE="afantiques, post: 2656235, member: 71234"]Before silver in coins was withdrawn in the middle of the 20th C. all the countries I can think of had a coin as described. For thousands of years 'honest' coinage was simply exchanged by weight by international travellers, their home copper, silver and gold for the local copper, silver and gold, with the goldsmith doing the exchage of course taking a cut for himself.</p><p>Thus goldsmiths became bankers.[/QUOTE]</p><p><br /></p>
[QUOTE="afantiques, post: 2656235, member: 71234"]Before silver in coins was withdrawn in the middle of the 20th C. all the countries I can think of had a coin as described. For thousands of years 'honest' coinage was simply exchanged by weight by international travellers, their home copper, silver and gold for the local copper, silver and gold, with the goldsmith doing the exchage of course taking a cut for himself. Thus goldsmiths became bankers.[/QUOTE]
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