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Why didn't the medieval Europe use bronze and chunky silver coins?
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<p>[QUOTE="dougsmit, post: 5389483, member: 19463"]Most bronze coins require a faith (real or demanded) in the value of the money while silver coins carry their own worth whoever's face is on them. We are running out of people who have memories of spending silver coins. I was a senior in high school when the US dropped silver. My father was that age when they dropped gold. My 18 year old grandson hardly ever touches a coin or paper money since his life is mostly virtual just like his money. Does anyone have experience with the grocery stores that sense what you are carrying out and charges your account without scanning (with or without a clerk being involved)? Who remembers when credit cards used raised letters to transfer account information? Magnetic strips? Having to insert a card rather than taping, waving or just carrying it? The first step in this was when an authority started marking metal to certify it as money that did not have to be assayed to determine its value. Thin silver is a lot easier to strike than chunky bronze and looks bigger than a thick pellet/chunk. </p><p><br /></p><p>The thing that grates on me is that the US decided in 1856 that the half cent was unnecessary but a dollar now won't buy more than a cent did then. We still make coins. I remember penny candy; the dollar menu is a loss leader in some cases. Money just is not what it was when our collectable coins were made.[/QUOTE]</p><p><br /></p>
[QUOTE="dougsmit, post: 5389483, member: 19463"]Most bronze coins require a faith (real or demanded) in the value of the money while silver coins carry their own worth whoever's face is on them. We are running out of people who have memories of spending silver coins. I was a senior in high school when the US dropped silver. My father was that age when they dropped gold. My 18 year old grandson hardly ever touches a coin or paper money since his life is mostly virtual just like his money. Does anyone have experience with the grocery stores that sense what you are carrying out and charges your account without scanning (with or without a clerk being involved)? Who remembers when credit cards used raised letters to transfer account information? Magnetic strips? Having to insert a card rather than taping, waving or just carrying it? The first step in this was when an authority started marking metal to certify it as money that did not have to be assayed to determine its value. Thin silver is a lot easier to strike than chunky bronze and looks bigger than a thick pellet/chunk. The thing that grates on me is that the US decided in 1856 that the half cent was unnecessary but a dollar now won't buy more than a cent did then. We still make coins. I remember penny candy; the dollar menu is a loss leader in some cases. Money just is not what it was when our collectable coins were made.[/QUOTE]
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Why didn't the medieval Europe use bronze and chunky silver coins?
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