Discussion in 'Bullion Investing' started by Gam3rBlake, Jun 8, 2021.
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Just because King Tut wasn’t buried with much of it doesn’t mean it was necessarily rarer.
Maybe he viewed silver as less worthy of being buried with him than gold.
I mean think about it like this:
How many plain old rocks were buried with him? Probably none. It doesn’t mean rocks were rare only that rocks weren’t worth burying with him.
I thought the Roman unit of account was the silver denarius?
Because even in the Bible Rev 6:6 it talks about “one quarter of wheat for a denarius” but not “one quarter of wheat for four sestercii”.
"Silver was used to fashion beads as early as the Predynastic Period (ca. 4400–3100 B.C.) and remained important for personal ornaments and cult objects in Egypt through Roman times. Temple inscriptions suggest that for much of Egypt’s history, silver was valued more highly than gold. However, unlike gold, which is known to have been brought from the Eastern Desert and Nubia, the sources of silver are obscure, and in view of the relative scarcity of local geological resources, assuredly much was imported from neighboring lands."
In modern times there is no direct link between gold and silver. They are just two separate bullion markets, their values dictated by demand.
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