/biz/ - Business & Finance

The whole concept of silver coinage blows my mind. For thousands of years it's always made sense to use silver coins of various weights to trade everyday goods. It can be divided into small units without losing significant value. It's fungible. It's not subject to decay or rust. It's not as valuable as gold making it perfect for small to medium purchases and yet it's still finite enough & difficult to produce to have intrinsic value.

every fucking country had silver coinage, the US & Canadian quarters/nickels/dines, Indian rupees, British pennies, etc. The more I hold and collect 'junk silver' the more I appreciate it's history as money.