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[Game] World Coins Time Machine… Counting Backward by Year! (Plus Prize Coin)
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<p>[QUOTE="DEA, post: 3104661, member: 90140"]Excellent, talerman! Thanks! I was actually laughing out loud with Wiki's explanation. Maybe I've a warped sense of humor but I found this amusing; "Often the states did not debase their own currency, but instead manufactured low-value imitations of <a href="https://en.wikipedia.org/wiki/Coin" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://en.wikipedia.org/wiki/Coin" rel="nofollow">coins</a> from other territories and then spent them in yet other territories as far as possible from their own lands, hoping that the resulting damage would then occur to the economy of those other regions rather than their own. This worked for a while; but after a time, the general public caught on to the manipulation, resulting in pamphlets denouncing the practice, local riots and the refusal of soldiers and mercenaries to fight unless paid in real, non-debased money. Also the states began to get back their own debased coins in taxes and customs fees." </p><p><br /></p><p>Talk about economic warfare! I'm terribly amused by the boomerang effect in the last sentence. </p><p><br /></p><p>All that said, I've nothing else in the time period really. Other than that 16Z3 Isenbeck# 1 you straightened me out on, I've an undated ten kreuzer from Constance (KM 119) but dated around 1623. But I would most certainly love to see what other folks have.[/QUOTE]</p><p><br /></p>
[QUOTE="DEA, post: 3104661, member: 90140"]Excellent, talerman! Thanks! I was actually laughing out loud with Wiki's explanation. Maybe I've a warped sense of humor but I found this amusing; "Often the states did not debase their own currency, but instead manufactured low-value imitations of [URL='https://en.wikipedia.org/wiki/Coin']coins[/URL] from other territories and then spent them in yet other territories as far as possible from their own lands, hoping that the resulting damage would then occur to the economy of those other regions rather than their own. This worked for a while; but after a time, the general public caught on to the manipulation, resulting in pamphlets denouncing the practice, local riots and the refusal of soldiers and mercenaries to fight unless paid in real, non-debased money. Also the states began to get back their own debased coins in taxes and customs fees." Talk about economic warfare! I'm terribly amused by the boomerang effect in the last sentence. All that said, I've nothing else in the time period really. Other than that 16Z3 Isenbeck# 1 you straightened me out on, I've an undated ten kreuzer from Constance (KM 119) but dated around 1623. But I would most certainly love to see what other folks have.[/QUOTE]
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[Game] World Coins Time Machine… Counting Backward by Year! (Plus Prize Coin)
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