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<p>[QUOTE=&quot;EWC3, post: 3103943, member: 93416&quot;]&quot;but in a medieval coin context, &quot;clipping&quot; refers to the practice of people shaving metal off the edges of precious-metal coins, to save a bit of the silver or gold for illegal gain.&quot;</p><p><br /></p><p>True, but there is quite a lot more to say - and the situation gets complicated.</p><p><br /></p><p>There was a spate of clipping of gold in Yorkshire in the later 18th century which was widely debated in the radical press at the time.&nbsp; It has been plausibly argued that manufucturers were seeking a tax rebate - due to a slump in trade - and got it by taking the matter into their own hands.</p><p><br /></p><p>I also recall seeing a claim that earlier, international moniers expected to pay for their minting services by clipping the old coin themselves - after it was called in - (down to some pre-agreed low standard) - and turning down contracts where the stuff in circulation turned out to be already too heavily clipped to yield a profit.[/QUOTE]</p><p><br /></p>

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