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<p>[QUOTE=&quot;Emma Stone, post: 5422851, member: 117518&quot;]Ancient coins were made of gold, silver, copper or alloys containing a high percentage of these 3 elements. The value of a coin was the market value of the metal coins in it. Modern coins represent a promise from the issuing government rather than the actual value of the coin itself. It becomes necessary to change to cheaper metals when the metal in a coin costs more than the actual coin. For example; a 1963 quarter dollar contains about $3 worth of silver at today’s prices. A 2017 quarter contains no silver at all. If the government still minted silver quarters, it would be profitable to buy a roll of quarters and melt them into a silver ingot.[/QUOTE]</p><p><br /></p>

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