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To: PGR88

True the coins were no long bronze, silver or gold. They were like our coins, bronze, silver or gold plated.


32 posted on 04/29/2016 8:16:22 AM PDT by jpsb (Never believe anything in politics until it has been officially denied. Otto von Bismark)
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To: jpsb

Usually emperors were very careful to pay the army in good coin. Troops got cranky when paid in debased money. Ordinary folks used copper coins with a silver wash that made them look silverish, but nobody was fooled—kind of like our coins after 1964—the coins by this time had no intrinsic value.

Earlier emperors, like Nero issued silver-covered copper coins that had to be accepted at their weight’s value, but refused these same coins when used to pay taxes.


41 posted on 04/29/2016 8:54:54 AM PDT by hanamizu
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