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What else can I help you with?
Why did the US mint stop using silver to make coins?
Silver is a precious metal, and just like gold, it's going to be expensive so they stoped using it because they realized that people could melt the coins down and have a ton of money in silver.
When did the US stop making gold coins?
The U.S. stopped making gold coins for circulation in 1933. This was due to the Great Depression and the need to prevent gold hoarding. President Franklin D. Roosevelt issued Executive Order 6102, which required U.S. citizens to turn in most of their gold coins, bullion, and certificates to the Federal Reserve in exchange for paper money. Read more..tinyurl. com/542pcv7p
When did they stop using gold for gold medals in the Olympics?
1916
Where can I buy some gold coins?
To buy US gold coins, you can start by researching reputable dealers like BOLD Precious Metals, SD Bullion, Apmex, JM Bullion, or local coin shops. Check prices and verify authenticity. Then, place an order online or visit the store. Pay securely, and your gold coins will be delivered or handed over.
Why did the us stop using silver to make coins?
i don't know maybe they hate silver. lol
Where is the fifth gym leader in heart gold?
stop using the computer and FIGURE IT OUT
How were Roman coins made?
Roman coins were made for the same reason our coins are made-- they were money. They were used in buying and selling. Roman coins also were like mini messages telling the public of some deed that the issuer of the coin did.
What happened to the ancient Romans when they stopped using gold and silver in their coins?
The Romans did not stop using gold and silver in their coins. There was continuous debasement (reduction of the precious metal content) of the gold and silver coins to the point that they became worthless. The gold and silver content became minimal, however, the use of these two mentals was not actually stopped. This caused hyperinflation. To address this problem Diocletian reformed the Roman coin system and introduced a new gold coin (the solidus) and a new silver one (the argenteus, valued at 1/10 of a solidus) which had a much higher precious metal content. His successor Constantine suspended the issuing of the silver coin to concentrate on minting large quantities of the solidus, which became the standard of the Roman currency system. He then introduced two new silver coins, the millarense (valued at 1/12 of a solidus) and the siliqua (valued at 1/24 of a solidus).
When did coin reeding first start?
Reeding the edges of coins began to prevent "shaving". Early coins were made from gold and silver and the grooves were added to stop people from filing down the edges to recover the precious metals. Reeded coins go as far back as the 1820's.
In 1964 why did the us stop using silver to make coins?
The value of silver rose so the US had to use other metals to make coins. If our coins were still made of silver dimes would be worth $2 and quarters would be worth $5.
Why did they stop making 20 cent coins?
"They" have not stopped making 20 cent coins.
How much gold is in a 2007 George Washington gold coin?
None at all. ALL current circulating dollar coins are made of a brass/manganese alloy. They have about 10 cents worth of metal in them, that's all. The fact that these coins are golden in color but not real gold has been all over the media for years. Also, if you stop to think about it for a minute, with gold at $950/oz even the most bone-headed people in government wouldn't be foolish enough to mint coins worth tens or hundreds of dollars and put them into circulation for a buck each.
