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Silver was used in coins primarily due to its intrinsic value, rarity, and durability, making it an ideal medium of exchange. Its malleability allowed for easy minting, while its resistance to corrosion helped preserve the coins over time. Additionally, silver has historically been widely accepted and trusted by various cultures, enhancing its role in trade and commerce. This combination of properties made silver a popular choice for coinage throughout history.

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1mo ago

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Related Questions

How is silver used today?

Silver is used in coins!


When did copper get added to silver coins?

Copper has almost always been used in silver coins, because pure silver wears out faster.


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.


What was used to make roman coins?

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


Metal used in many coins?

Silver


How much is pure silver?

Coins are not usually silver these days. Since the 1960s they have been made of copper and nickel. Silver coins from before 1965 in the US were 90% silver. Foreign countries have used anything from 40% to 92.5% silver in their coins, but to my knowledge, no one has used pure (100%) silver in currency.


What are the uses for silver?

Silver is used in industries cars explosives coins and buildings.


When were the US silver coins last used?

in the US silver coins were last used in 1964, the reason behind the overhaul of coins of which several were heavily made with silver, was available quantities of this precious metal were rapidly decreasing and keeping up with demand for new coins increasingly difficult


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.


Why are silver coins not made from silver?

Because silver is far too expensive. Coins used to contain silver until about 1920 in the UK, 1965 in the U.S., and 1968 in Canada. Since then they are made from a mixture of copper and nickel, so they really aren't called "silver" coins anymore.


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.


Are there silver alloys less with less silver content than coin silver?

Of course. And "coin silver" only refers to the US standard of 90% pure silver coins. Most other countries (especially in the British empire) used to use sterling silver. Coins have used many different alloys, for example, post WWI Canadian coins are 80% silver, silver UK coins dated 1920-1946 are 50% silver, some ancient "silver" coins are known as billion coins and they contain very little silver, and Mexico issued a 1 peso coin in the late 1950s and 60s that was only 10% silver!