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<p>[QUOTE=&quot;Selgin, post: 761575, member: 22147&quot;]<b>copper coin</b></p><p><br /></p><p>Actually, although regal copper cioin is supposed to have been rated at its &quot;intrinsick worth&quot; ever since it was first authorized in 1672, copper coins generally had nominal values well in excess of the value of their copper content.&nbsp; The cartwheels were no exception--at least, not when they were first introduced.&nbsp;&nbsp; But the continuing rise in copper&#039;s price eventually caused them to loose their fiduciary status--and consequently to be melted down in substantial quantities.[/QUOTE]</p><p><br /></p>

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