debase: To become less valuable.
Demand note: Demand notes, authorized in 1861, were the first paper money issued by the United States federal government for circulation.
Debased
Refers to underweight coins or coins whose precious metal content is inferior to legal standards (or to those claimed on a coin's face). "Debased" coins are not necessarily COUNTERFEIT.
Debase - To become less valuable.
Debased - Refers to an underweight coin or coins whose precious metal content is inferior to legal standards, or just less than face value of the coin.
debase
To lower the silver/gold value of the coin by altering its purity, but with the same market value as the pure coin. This often happens during periods of high inflation.
Deep Cameo ...
Debase
A term used with reference to precious metal coins to describe a reduction in the purity of the item by increasing the proportion of base metals or by filing or clipping the coin to reduce its weight.
Decimalisation ...
Debasement - The issuing authority uses less or no more precious metal in a coin but retains the coins face value. Doesn't happen much nowadays because no circulating British coins contain any precious metals.
Debasement - When a government uses less precious metal in the coining of money, while still retaining its original face or exchange value.
Debased copies of Nepalese issues 'Cho-tang' (Ar Mohar of Pratap
Simha Shah (AD1774-1777) but script written in Ornamental Tibetan
'Lantsa' script.
Debasement - Lowering the purity of a metal by adding a cheaper metal.
Delamination - Metal missing or peeling from the surface due to incomplete bonding or impurities in the planchet ...
Debasement
Reduction of a coin's precious metal content.
Demonetization ...
Debasement of the metal in new issues afforded another source of regal income, while control over the number of coins struck from a pound of silver provided yet another source of revenue.
Coin debasement
Throughout history, governments have been known to create more coinage than their supply of precious metals would allow.
Carthage, Debased AR 1.5 shekel / Tridrachm. c 240 BC. Head of Tanit left, wreathed with corn. / Horse standing right, palm tree behind. SNG Cop. 351.
( 3 entries)
Sear #6497 ...
Timpfe - A debased Polish gulden of 30 grosze struck from 1663 to 1666 by two mintmasters named Tympf. The name was also given to later debased gulden with a face value of 18 grosze.
[Poland]
Tirolino ...
Another reason for debasement was lack of raw metal with which to produce coins. Italy itself contains no large or reliable mines for precious metals, therefore the precious metals for coinage had to be obtained elsewhere.
1542-1551 The Great Debasement
Henry VIII debases the coinage of England as a means of raising revenue. In Ireland the debasement started earlier, in 1536, and does not finish until 1560.
p 197-202 ...
debase: The state act of reducing the precious metal content of a denomination
decimal: Currency in equivalent units of base 10
decimal currency: Currency based on units of a multiple of 10 ...
(The first type of the series was the first United States regular issue struck in debased silver -- 75% silver and 25% copper. The other two types were struck in the normal 90% silver and 10% copper alloy.) thumbed A term used to describe a coin ...
debase To become less valuable. deep mirror prooflike (DMPL) A grading term used to describe the fields of a coin.
During the reigns of Henry VIII and Edward VI both silver and gold coins were debased in an attempt to increase revenues. The process started with a mint indenture of May 16, 1542 debasing silver coinage from .925 to .771 fineness.
(1) Silver shekels, or debased Attic tetradrachms, mostly restruck on tetradrachms of Antioch of the reign of Trajan; types-obv. Portico with four columns, rev. Ethrog and lulab or Lulab alone (Fig. 356); inscr.
It was now struck not in debased AR, but in the mixture of AR and Æ known as billon. Regimental pay-sheets of the first century A.D.
The alloy was, therefore, debased. After the battle (and Antony) had been lost, these coins remained in circulation.
Even as financial pressures lead modern governments to "monetize" their debt by excess money creation, governments before the era of paper money and credit resorted to debasement and cutting the weight of coins.
Many in Congress were genuinely concerned about debasement of the country's silver coinage, the solution most commonly suggested to remedy the situation.
Although critics called the coin "debased," the public initially loved it. The government loved it also, since a dollar's worth of 3c pieces was worth only 86 cents in gold.
The military activities of Friedrich the Great caused a new drain on the resources of the empire and further debasement of the coinage became necessary.
And be it further enacted, That if any of the gold or silver coins which shall be struck or coined at the said mint shall be debased or made worse as to the proportion of fine gold or fine silver therein contained, ...
Although gold coins were effectively debased in 1834, many legislators ignored this fact, as they vehemently protested lowering the amount of silver in the fractional coinage. Finally, a compromise was struck.
The later silver coins of Henry VIII of England were gradually debased until the last issue (1544-47) "silver" coins were struck from an alloy of one part silver and two parts copper (ie .333 fine).
I have to agree the flan appears to be more debased than other issues I've handled from Quietus and Macrianus, ...
When the value of the metal in a coin is less than the buying power of the coin, the coin is said to be debased. This is obviously not a good thing.
After the reforms of Diocletian and advent of the Tetrarchies, the debased silver "folles" was the official coin of the Roman empire, and it was soon reduced in size and was only washed, not even plated or foiled, with silver.
The effects of coinage debasement can be seen throughout history. One need only look around today's world to see how leaving the gold standard (effectively token coinage replacing silver and gold) has resulted in inflation everywhere, ...
Kushan Kingdom, Kipanada, ca AD330-360, EL (debased) Stater (5.5g). King standing left/Enthroned goddess, MACW3589ff.
Gold investment coins provide hedges against currency debasement and devaluation.
The Greek and Roman empires used gold coinage relatively rarely and it became increasingly debased as their empires waned.
The difference was that the public was prone to accept gold coins, sometimes even those that were debased, whereas there existed a nationwide aversion to paper money, ...
Billion = silver debased with tin or copper
Early Republic Denominations
Sizes and weights varied ...
Although they were sometimes "clipped" or "debased," the English silver penny contained a standard weight of silver and so could be traded across Europe. In England the mark was worth thirteen shillings and four pence, ie. two thirds of £1.
4 GHAZNAVID Zahir al dulah Ibrahim451-492 AH (950-9) Debased Gold Dinar (1.03). Legend both sides. Very irregular flan Alb-1637, Mitch-790. Fine $75 ...
Antoninianus Double denarius coin. Roman emperor Caracalla (211-217 CE) introduced as a pure silver coin but soon debased to 3 percent silver. Depiction of emperor's portrait with a radiate crown is it's uniqueness.
(The first type of the series was the first United States regular issue struck in debased silver - 75% silver and 25% copper. The other two types were struck in the normal 90% silver and 10% copper alloy.) ...
(The first type of the series was the first United States regular issue struck in debased silver - 75% silver and 25% copper. The other two types were struck in the normal 90% silver and 10% copper alloy.) ...
This is a silver antoninianus, or double denarius, a denomination introduced in 214. Over time, this denomination would become more and more debased, ending up as a mostly bronze coin with a slight silver coating or wash.
"During the 1990s, however, historians realised that many Roman silver coins were deliberately treated to remove some of the copper from their surface, giving impure coins the appearance of being pure and disguising the debasement of the currency.
The debased three cent silver piece, nicknamed "fishscales" circulated, but were a nuisance because of their small size.
These circulated for hundreds of years, and it is rare to find one that grades above Fine. The billon tetradrachm was later debased by replacing silver with lead, until its alloy became potin.
It is telling how by this period the Venetian grosso was the international currency of trade, Byzantium too weak and its solidii too debased to maintain the position it had held for nearly a millennium. Of course, the St.
Billion - A very low grade silver, which contains more than 50% copper alloy. Billion has been used for coinage since very early times, usually for debased coins.
The first issues of Henry VIII continued to use the portrait of Henry VII from 1509 to 1526, when a new issue with his own portrait was made. From 1544 the fineness of the silver was steadily debased from the normal .925 fine down to .
Later on the Samanta Deva coinage was used as prototype for increasingly debased coinage struck by many dynasties. Shown above is a fine example of coin of this dynasty.
From each production run, coins are randomly selected and placed in a receptacle for annual testing by independent assay as proof that no debasement has been done.
Q ...
(The first type of the series was the first United States regular issue struck in debased silver - 75% silver and 25% copper. The other two types were struck in the normal 90% silver and 10% copper alloy.) ...
He minted coins lighter in weight than the normal denarius, but shortly after his death the Roman denarius was debased making these coins just about right. Thus, Antony's coins circulated for several hundred years.
The early coinage was of Seleucid style tetradrachms in good silver followed fairly soon by debased tetradrachms drachms of increasingly eastern style using Pahlavi for the inscriptions.
later issues were produced mostly for sale as charms and souvenirs of the Gold Rush and of San Francisco. By now somewhat civilized, the city of gold had become popular with tourists from the East and from Europe. Period Two coins were often debased, ...
Many rolls of Australian florins and shillings struck in the mid 1940's were hoarded by an Austrian immigrant jeweller prior to the debasement of silver coinage to 50% silver.
Turning to the edge, microscopic examination under 20x shows a shiny silver color (not obvious in the scan) from edge to edge, with no differentiation through the thickness of the coin. I conclude it is an official issue of the usual debased silver ...
 See also: Silver, Coinage, Coin, Gold, Struck
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