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Q: Why is Gold and silver are used in coins?
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Related questions

What was used to make roman coins?

The Romans used bronze, silver and gold to make their coins.


What was in the form of gold and silver coins that was used to pay for goods in rome?

Roman coins came in gold, silver and copper. In the earlier days there were also coins in bronze and brass.


How long has silver been used for coins?

Silver has been used in coinage ever since coinage was made. The earliest coins were made out of an alloy of silver and gold. Silver, along with gold, have been used for coins ever since coinage was made in 700 BC or so.


When did they begin making silver coins?

Silver and gold were the materials of the first coins produced - they have been used as such for several thousand years.


What are ancient silver coins of ancient Rome?

Roman coins were made of bronze, silver and gold.


What do copper silver and gold have in common?

All are metals and used to make coins.


What is the silver value of a 1923 gold coin?

Not a meaningful question. Gold coins were made from gold and copper without any silver in them. Silver coins were made from silver and copper without any gold.


What is the difference between gold coins and silver coins?

The difference in gold coins are recognizable, and convenient and is a rectangle shape, there are gold plated gold and is very expensive.Silver coins were used as money, silver dollar,100 oz investment bars and has it purity stamp.More thorouglyUp till the 1960s the prices of gold and silver were held constant internationally. Only governments were allowed to buy and sell the metals. Many countries' currencies were based on the metals' values. Coins contained an amount of silver (and earlier, gold) roughly equal to their denominations. Base metals such as copper and nickel were used for very low denominations, silver had a medium value so it was used for mid-level denominations, and in the past gold was used for very high-denomination coins. To use the US as an example, cents were bronze; nickels were cupro-nickel; dimes, quarters, halves and dollars contained silver in an amount equal to their denominations, and up till 1932 coins like $5, $10, and others were struck in gold equal to their values.Today silver and gold are publicly traded. Their values change every day so they can't be used for fixed-value coins, so circulating coins are all made of base metals and people simply accept them as being exchanged for a specific amount of goods like groceries instead of precious metals.or you could have just aid gold coins were made of gold and silver coins were made of silver


How can you get the World of Warcraft gold?

You get 1 gold by collecting 100 silver coins, and you get 1 silver coin by getting 100 bronze coins.


How pure are US Mint gold coins?

The ones that were actually used for money before 1933 were 90% gold. The modern bullion coins are 91.675 gold, 3% silver, and 5.33% copper.


Which coins go up the quickest in value?

Gold and silver coins


What were empresarios paid with?

coins such as gold and silver