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<p>[QUOTE="kaparthy, post: 4945931, member: 57463"]I'm sorry but I do not understand the question.</p><p><br /></p><p><br /></p><p><br /></p><p>What is "the level of 'advancement' of the operant demographic"? What is the "operant demographic"?</p><p><br /></p><p>Do you mean why would a community continue to use old coins rather than make new ones of their own? Because their demand for coinage is so low that they cannot support a mint of their own? Or because the supply is so scarce that any coin will pass in trade, hence the demand is met?</p><p><br /></p><p>I think that it would depend on the actual conditions of the time and place. In the first case - no support for a mint - I would look to Appalachia. OTOH for that I would offer Canadian "blacksmith" tokens as a counter-example. Because any metals technology could be put to use making money, if it were demanded.[/QUOTE]</p><p><br /></p>
[QUOTE="kaparthy, post: 4945931, member: 57463"]I'm sorry but I do not understand the question. What is "the level of 'advancement' of the operant demographic"? What is the "operant demographic"? Do you mean why would a community continue to use old coins rather than make new ones of their own? Because their demand for coinage is so low that they cannot support a mint of their own? Or because the supply is so scarce that any coin will pass in trade, hence the demand is met? I think that it would depend on the actual conditions of the time and place. In the first case - no support for a mint - I would look to Appalachia. OTOH for that I would offer Canadian "blacksmith" tokens as a counter-example. Because any metals technology could be put to use making money, if it were demanded.[/QUOTE]
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