Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
World Coins
>
What was the lowest denomination coin to be in circulation?
>
Reply to Thread
Message:
<p>[QUOTE="kaparthy, post: 3570921, member: 57463"]Technically, not "coins." I am not happy with the standard definition. I believe that true knowledge is often more complicated than the Orwellian declarations we shout on cue. My sensibilities aside, the fact is that following the late Alan Herbert who argued the point long and well, a <b>coin</b> is issued by a <b>governmental</b> <b>authority</b> and is accepted in indirect barter as <b>money, </b>where money is anything you accept now <b>with the intention to trade later</b> for something else. Thus, tax tokens are indeed, "tokens." They stand for money with limited use, in this case certain retailers in certain US states for a short period of time when balancing their obligations for retail sales tax. That being as it may, personally, I agree with you.</p><p><br /></p><p><br /></p><p>12 pence to the shilling; 20 shillings to the pound. So, 1/4 farthing is a 1/16 penny or 1/3840 of a pound or, say, 1/8 of a US cent... But unlike a tax token, coined money according to the numismatic hobby in the USA.</p><p><br /></p><p><br /></p><p><br /></p><p>Ah, yes! The entire family of protot (plural of prutah), the small coppers of Hellenistic Jewish kingdoms. They were also called by their Greek name: <b>lepton </b>(plural leptoi?). The word means "lightweight" or "small" and is the same name given to the subatomic particles including the nutrino.[/QUOTE]</p><p><br /></p>
[QUOTE="kaparthy, post: 3570921, member: 57463"]Technically, not "coins." I am not happy with the standard definition. I believe that true knowledge is often more complicated than the Orwellian declarations we shout on cue. My sensibilities aside, the fact is that following the late Alan Herbert who argued the point long and well, a [B]coin[/B] is issued by a [B]governmental[/B] [B]authority[/B] and is accepted in indirect barter as [B]money, [/B]where money is anything you accept now [B]with the intention to trade later[/B] for something else. Thus, tax tokens are indeed, "tokens." They stand for money with limited use, in this case certain retailers in certain US states for a short period of time when balancing their obligations for retail sales tax. That being as it may, personally, I agree with you. 12 pence to the shilling; 20 shillings to the pound. So, 1/4 farthing is a 1/16 penny or 1/3840 of a pound or, say, 1/8 of a US cent... But unlike a tax token, coined money according to the numismatic hobby in the USA. Ah, yes! The entire family of protot (plural of prutah), the small coppers of Hellenistic Jewish kingdoms. They were also called by their Greek name: [B]lepton [/B](plural leptoi?). The word means "lightweight" or "small" and is the same name given to the subatomic particles including the nutrino.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
World Coins
>
What was the lowest denomination coin to be in circulation?
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...