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<p>[QUOTE=&quot;Drusus, post: 163781, member: 6370&quot;]I assume it is because the metal prices were worth more than the coins face value...</p><p>&nbsp;</p><p>I know in early america (and indeed other nations) some early silver coins they minted were shipped off to be melted down because the price of silver was more than the face value of the coin so they had a hard time keeping them in circulation...it is like in late rome where the money slowly becomes more and more worthless in is metal value and its worth is determined by decree. Fiat in Latin means &quot;Let it be done&quot;. The money is issued on the authority of the government and they say what it is worth.[/QUOTE]</p><p><br /></p>

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