/biz/ - Business & Finance

>Leave /pmg/ six months ago because the threads had gone to shit
>Come back today, threads slightly better, but a lot slower
What happened?

>>53842164
>all the time American silver coins always seem so massively worn compared to the circulated silver of other countries.
American Silver simply spent more time in circulation compared to its counterparts. After WWI, Europe changed money so often that their coins almost never got beyond a decade or two worth of wear, which was compounded by the fact that they only used Silver in higher denominations of coinage which circulated less.
If you compare coins of similar value which spent the same amount of time in circulation (for example a 1910 US Quarter and an 1869 Franc), both coins will be nearly slick from half a century of use. Lower purity Silver is also more durable than higher purity stuff, hence why German and Austrian coins that circulated from the 50s until the 70s don't appear as worn as their higher purity counterparts, but above 80% Silver, everything wears out at roughly the same speed.