Bimetallics
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History of Bimetallic Coins
The basic idea of bi-metallic coins is not a new one.
Pages in category "Bimetallic coins"
There are 3 pages in this section of this category.
B ...
bimetallic - see dual metal
bit - Verbiage used to indicate 1/8 of a dollar. In earlier days due to a shortage of available smaller denomination coins, these silver dollars were carefully cut into pieces shaped like slices of pie.
Bimetallics
Articles and References
Chinese Cash Overview
Morgan Dollar Reverses
Imaging Coins: Scanner vs. Camera
Scales of rarity
Magnifications
References used in preparation of this site
How I've scanned coins for this site ...
The bimetallic standard instituted by the Coinage Act of 1792 defined the content of the standard gold dollar at 24.75 grains and the silver dollar at 371.25 grains. In 1792, this 15-to-1 ratio between the metals was in line with the world market.
The bimetallic coin design was inspired by the graceful architecture of the Library's Jefferson Building. The outer ring is stamped from a sheet of gold, then a solid core of platinum is placed within the ring.
All bimetallic two pound coins, and some of the pre-1987 commemorative two pound coins, have an edge inscription as a security measure.
Ringed bimetallic coin: A coin composed of two parts; a holed ring into which is inserted a core. the two parts are often different colors and compositions.
IV. Persian Royal bimetallic coinage.
AV 130 grs. ‘Daric' (20 sigloi = 1 Daric).
AR 86.45 grs. ‘Siglos'
V. ‘Persic' Ten-stater Silver Standard.
bimetallic A coin made of two metals. bison, buffalo Species considered typically North American, used on coinage and paper money of the United States; bison is a better term than buffalo, ...
Shortly after Congress established a bimetallic system with a fixed ratio of 15:1 for silver to gold, the wars in Europe pushed up the world price of gold right along with Napoleon's fortunes. Speculators and bullion brokers began to buy U.S.
Mercanti designed the 2000 Library of Congress Bimetallic Ten Dollar obverse and Silver Dollar reverse, the reverse of the Leif Ericson Silver Dollar, and the obverse designs for the George H. W. Bush and the Hubert Humphrey medals.
Pennies exist in both bimetallic forms for that year and may be distinguished by weight; copper is heavier at 3.11 grams as opposed to zinc at 2.5 grams.[citation needed] As well, you can tell the difference by sound.
The bimetallic standard also specifies the exact weight of either metal, while observing the fixed ratio, to be coined into a monetary unit (e.g. a dollar).
Otacilia Severa, Philip I, & Philip II as Caesar, AE44 Bimetallic Orichalcum & Copper medallion. Rome, 244-247 AD.
In 1792, Congress adopted a bimetallic standard and the 15 to 1 ratio, decreeing that the precious metal content of a U.S. standard dollar would be equivalent to either 371¼ grains of silver or 24¾ grains of gold. That's where things began to go awry.
At one side were agrarian interests such as the United States Greenback Party who wanted to retain the bimetallic standard in order to inflate the dollar, which would allow farmers to more easily repay their debts.
Alternate Spellings: bimetallic
Examples:
One of the most common bi-metallic coins is the 2 Euro coin which circulates in Europe.
1792 US Coinage Act
The Dollar is adopted as the unit of account, based on a bimetallic standard, subdivided into 100 cents. Foreign coins are supposed to lose their status as legal tender within 3 years of the US coins coming into circulation.
After the Lydians developed a bimetallic coinage, by 500 bc silver staters were being used throughout the Mediterranean world.
- a low grade of silver. Although sometimes silver in color, usually made of part silver and part copper.bimetallic (Bi Metallic) ...
436 CAMEROON, Central African States. 2003. 6000 CFA Francs. Bimetallic. President Paul Biya/Elephant, Map of Africa. Only 500 Minted. Rare. BU $90
437 CANADA, George VI. 1947. 25 Cents. Scarce with dot after 7. KM-35. GF $22 ...
While serving as a member of Congress, Jefferson proposed basing the monetary system on units of ten or a decimal system. In April of 1792 Congress passed a bill authorizing a bimetallic standard on a dollar system with divisions of the dollar ...
In 1997 a £2 bimetallic coin was first issued (though special issue £2 coins to commemorate various events had been produced since since 1986). The 50p piece was reduced in size from 1997 and the larger version vanished on 28 February 1998.
 See also: Gold, Silver, Mint, Coinage, Coin
  
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