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How old is that silver in your hand?

PostPosted: Tue Nov 20, 2012 11:44 am
by shinnosuke
An article that made me go hmmm. Bolivian silver was going to China back in the 1500's. That's where all the silver (and gold) is going now, too.

http://www.sciencenews.org/view/generic/id/346607/title/Mexican_silver_made_it_into_English_coins

Re: How old is that silver in your hand?

PostPosted: Tue Nov 20, 2012 1:36 pm
by henrysmedford
If you think about most US silver coins came from melted foreign coins so no telling how old the silver is in that junk silver is or what coin it was from Wikipedia--


Coinage Act of 1857 was an act of the United States Congress which forbade the use of foreign coins as legal tender, repealing all acts "authorizing the currency of foreign gold or silver coins". Specific coins would be exchanged at the Treasury and recoined. The act was approved on February 21, 1857.
Before this Act, foreign coins, such as the Spanish dollar, were widely used[1] and allowed as legal tender by the Act of 1806.[2]
In addition to foreign coins being banned, the Coinage Act of 1857 also discontinued the American half-cent.


And see--http://memory.loc.gov/cgi-bin/ampage?collId=llsl&fileName=011/llsl011.db&recNum=184
Image

Re: How old is that silver in your hand?

PostPosted: Tue Nov 20, 2012 2:40 pm
by 68Camaro
Both interesting items - thanks for the posts!

Re: How old is that silver in your hand?

PostPosted: Wed Nov 21, 2012 2:13 am
by Numis Pam
Nice read! Very interesting indeed..... :angel:

Re: How old is that silver in your hand?

PostPosted: Wed Nov 21, 2012 8:39 am
by Market Harmony
They say that all the gold and all the silver are as old as the big bang... exploding star, that kind of thing.

I'm not sure how old that is. Maybe I'll ask God when it's my time.

Re: How old is that silver in your hand?

PostPosted: Wed Nov 21, 2012 10:56 am
by IdahoCopper
Market Harmony wrote:They say that all the gold and all the silver are as old as the big bang... exploding star, that kind of thing.

I'm not sure how old that is. Maybe I'll ask God when it's my time.


The Big Bang produced 99.999% hydrogen, with a smidgeon of helium.

Supernovae produced all the other elements, including silver.

Re: How old is that silver in your hand?

PostPosted: Wed Nov 21, 2012 5:01 pm
by scyther
shinnosuke wrote:An article that made me go hmmm. Bolivian silver was going to China back in the 1500's. That's where all the silver (and gold) is going now, too.

http://www.sciencenews.org/view/generic/id/346607/title/Mexican_silver_made_it_into_English_coins

That was a very fascinating and good article.