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Silver Loss from Wear on 90% Silver Coins (calculation)
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<p>[QUOTE="GDJMSP, post: 1094948, member: 112"]Jeff - you also have to remember a couple of things about practices in the 19th century. For one coins were not withdrawn until they were worn so badly that one could not even tell what they were anymore. Then there was the other problem, that being people intentionally removing metal from coins. In centuries past this was done by clipping. Then in the 1600's when edge reeding was invented to combat the clipping issue people began using other methods. Coins were sanded, rubbed, scraped - anything to gather a tiny amount of metal from each coin over a period of time. These practices continued until the 20th century. It was only in modern times when the amount gained by doing this basically meaningless that the practice stopped.</p><p><br /></p><p>Again, nobody denies that metal is lost due to wear when a coin reaches a certain point. The important thing to remember is no meaningful amount of metal is lost <u>until</u> the coin reaches that point.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 1094948, member: 112"]Jeff - you also have to remember a couple of things about practices in the 19th century. For one coins were not withdrawn until they were worn so badly that one could not even tell what they were anymore. Then there was the other problem, that being people intentionally removing metal from coins. In centuries past this was done by clipping. Then in the 1600's when edge reeding was invented to combat the clipping issue people began using other methods. Coins were sanded, rubbed, scraped - anything to gather a tiny amount of metal from each coin over a period of time. These practices continued until the 20th century. It was only in modern times when the amount gained by doing this basically meaningless that the practice stopped. Again, nobody denies that metal is lost due to wear when a coin reaches a certain point. The important thing to remember is no meaningful amount of metal is lost [U]until[/U] the coin reaches that point.[/QUOTE]
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Silver Loss from Wear on 90% Silver Coins (calculation)
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