answersLogoWhite

0


Want this question answered?

Be notified when an answer is posted

Add your answer:

Earn +20 pts
Q: Why was pure silver taken out of coinage?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Is English silver worth more then sterling silver?

The term "sterling silver" actually comes from the "pound sterling," the unit of British currency. British silver coinage was for hundreds of years (excepting various bouts of debasing over the years) 92.5% pure. Thus, "sterling silver," which is 92.5% pure, merely refers to silver which is as pure as the pound sterling. As a historical note, the purity of silver in British coinage was reduced in 1920 to 50% silver, and in 1947, silver was replaced with a cupro-nickel alloy in British "silver" coinage.


Why is silver a pure substance?

Pure silver is a single substance, an element. All its particles are silver atoms. That said, it is rare to encounter pure silver. For coinage and jewellery it is usually alloyed, often with copper, to make it harder.


Is a 1927 dime all silver?

No, it is 90% silver and 10% copper. Pure silver is too soft to use for circulated coinage.


Is the koean won made from pure silver?

No. No circulating coinage was ever PURE silver, but generally a blend of silver and copper. That said, coins of the Korean won are currently made of aluminum or a nickel/copper blend.


Are 1964 Canadian quarters pure silver?

no to soft to make coins out of solid silver . .999% is the most silver in any coin .


Is there 22 k silver?

The term "karat" is not used with silver like it with gold (where 24 karat gold is 100% pure gold and 18 karat gold is 18/24ths, or 75%, pure). 22 karat gold would be 91.667% pure - that same purity level is often found in silver coinage (slightly less pure than 92.5% coin silver, or "sterling silver", of England of yore).


How can you tell if a 1948 dime is all silver or a mix with copper?

All US silver coinage has the same composition of .900 silver & .100 copper. Pure silver coins are impractical for every day use they will bend an wear down to fast.


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.


Why did the coinage act cause protest?

The Coinage Act of 1873 stopped the minting of silver coins.


What other foreign coinage is silver?

yes


Would the free coinage of silver increase or decrease the amount of money in circulation?

The free coinage of silver would have to increase the amount of money in circulation.


Why did the coinage act of 1873 cause protest?

The Coinage Act of 1873 stopped the minting of silver coins.