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<p>[QUOTE="kaparthy, post: 3718759, member: 57463"]Thanks for the reply. We have different ways of looking at it and my perspective is clearly not the view you have. For one thing, just to get to the root of this, some of your assertions are not facts.</p><p><br /></p><p><br /></p><p><br /></p><p>We know of many hoards of coins that were old in their time, from fallen cities, that continued in trade. In the history of Julius Caesar's rise and fall, Athenian tetradrachms circulated as valued gifts. The coins of Antony's legions are so common and so well known in circulated graded because they passed on the streets for decades after his defeat. Roman bronze in medieval Europe is another example. </p><p><br /></p><p>I do not know what you mean by "full value" but clearly the Spanish dollar was accepted in the United States long after Spain lost the New World colonies. It was a problem - supposedly - that the post-colonial US silver dollar was readily accepted in the Caribbean because of its weight and fineness, not because people there wanted to buy things from here. </p><p><br /></p><p>The UK gold sovereign is another example.</p><p><br /></p><p>In the 19th century the US Treasury printed booklets showing weights and finenesses of foreign gold and silver coins, down to the fraction of a US cent.</p><p><br /></p><p>I could go on... but I have to go to work...[/QUOTE]</p><p><br /></p>
[QUOTE="kaparthy, post: 3718759, member: 57463"]Thanks for the reply. We have different ways of looking at it and my perspective is clearly not the view you have. For one thing, just to get to the root of this, some of your assertions are not facts. We know of many hoards of coins that were old in their time, from fallen cities, that continued in trade. In the history of Julius Caesar's rise and fall, Athenian tetradrachms circulated as valued gifts. The coins of Antony's legions are so common and so well known in circulated graded because they passed on the streets for decades after his defeat. Roman bronze in medieval Europe is another example. I do not know what you mean by "full value" but clearly the Spanish dollar was accepted in the United States long after Spain lost the New World colonies. It was a problem - supposedly - that the post-colonial US silver dollar was readily accepted in the Caribbean because of its weight and fineness, not because people there wanted to buy things from here. The UK gold sovereign is another example. In the 19th century the US Treasury printed booklets showing weights and finenesses of foreign gold and silver coins, down to the fraction of a US cent. I could go on... but I have to go to work...[/QUOTE]
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