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<p>[QUOTE="dougsmit, post: 3269061, member: 19463"]This is out of my period. Does the silver used to strike the heavy miliarense match the silver used to strike the siliqua in terms of alloy/purity? I find it interesting that the earlier Romans handled the down-valuing of the silver coins by lowering the alloy/purity rather than weight. Had they taken the other track, we would need a microscope to see the last issues of Gallienus. </p><p><br /></p><p>Does anyone know the relations between the first US silver dollars (in terms of value of metal and purchasing power) and the current US clad or golden dollars? The only time we hear about the melt value of coins is when they point out that it costs more than 5 cents to make a 'nickel'. The Romans were never ready to accept fiat currency. The end of US silver coinage came while I was in school so most of our membership don't remember spending silver. The last US people spending gold are getting fewer every day. My recently deceased mother in law (at 104) remembers seeing gold coins but never had that much money at a time that she actually spent one.[/QUOTE]</p><p><br /></p>
[QUOTE="dougsmit, post: 3269061, member: 19463"]This is out of my period. Does the silver used to strike the heavy miliarense match the silver used to strike the siliqua in terms of alloy/purity? I find it interesting that the earlier Romans handled the down-valuing of the silver coins by lowering the alloy/purity rather than weight. Had they taken the other track, we would need a microscope to see the last issues of Gallienus. Does anyone know the relations between the first US silver dollars (in terms of value of metal and purchasing power) and the current US clad or golden dollars? The only time we hear about the melt value of coins is when they point out that it costs more than 5 cents to make a 'nickel'. The Romans were never ready to accept fiat currency. The end of US silver coinage came while I was in school so most of our membership don't remember spending silver. The last US people spending gold are getting fewer every day. My recently deceased mother in law (at 104) remembers seeing gold coins but never had that much money at a time that she actually spent one.[/QUOTE]
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