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A brief account on old coins?
The old coins that were used in the ancient times were the gold.The old coins has been with us since time immemorial. They were used in the ancient times for trade.
What time period were coins introduced for trading in ancient Greece?
From the 600s BCE.
When did people start using coins?
Coins have been in use since ancient times. Ancient Lydia, (not to be confused with Libya because it is in present day Turkey, near Greece in Europe. However, at around the same time, China's Zhou dynasty began making shape coins and round coins with square holes in them. To this day nobody knows who made them first, but they have been in use since the seventh century, BC
Are gold silver and copper called coinage metal?
Yes, gold, silver, and copper are considered coinage metals due to their historical use in producing coins. These metals are valued for their durability, malleability, and ability to retain value over time, making them ideal for use in currency.
What is the element of coins?
Depends what kind of coin. Some are made of copper, and there were silver and gold coins too, but most of the time the metals are alloyed so there is no clear answer. I hope this is a good answer.
Why are the usual coinage metals chosen over more active metals for use in coins?
Metals are exposed to the atmosphere and corrosive environments such as the sweat on the palms of hands. As coins are designed to be around for a long time (unlike banknotes) the metals they are made from need to be a of very low reactivity so they do not corrode.
What are old coins made of?
Depends on the year and the coin. They may be made out of real silver or gold.
Is the US still making American Eagle coins?
In 1933, The U.S. mint stopped making gold coins for use in daily commerce. But in 1999, they made American Eagle coins, this time not for the public, but for people who will buy them either as collectors or as investors.
In ancient time coins made from gold silver gradually replaced which commonly used means of exchange in commerce?
Barter
What was a system of money called for the ancient Romans?
The Romans did not have a name for their monetary systems. They just used the name of their coins. They had several of them and they changed over time.
Why aren't coins made of iron?
If they were, they would rust too easily from the water vapor in the atmosphere and the oils from our fingers and be useless as they would not last long. Copper, nickel, silver and gold have become the metals of choice for coins as they resist rust.
Where is a safe online store to buy medieval or other coins from?
There really isn't a "one stop shop" for medieval and other ancient coins. Personally, I'd try e-Bay, while it is a bit riskier than many other businesses, it is the best place to get common and fairly cheap coins. Most online sellers of medieval coins either overcharge or they only have the most expensive coins listed, making it hard for a novice collector to purchase. A lot of the eBay lots are created by detectorists who have found these coins in Europe and are now selling them. There is always the risk for fake coins, both period counterfeits (fake coins made to circulate as real coins back in the time period where that real coin circulated, these coins are collectible in their own right however) and modern counterfeits (fake coins made to deceive and defraud collectors) so I would make sure to read some online guides or buy some books on medieval and other ancient coins if you want to be serious and spend a lot of money on coins.
