/biz/ - Business & Finance

/pmg/ have you ever considered all the forms your Silver has taken over the years?
Each piece of Silver (and Gold) has a story to it that it can never tell you.
Lets say some ore is mined in the mid 1800s (most Silver was mined in the last 200 years). There's a good likelyhood that it would've made it into the hands of Britain or some other European power.
This Silver could've been minted into a shilling like the one in the pic and eventually made its way overseas for colonial use.
After a few decades of circulation, the shilling would too slick to use and would've been melted down into new coins, circulating in the same now independent colony. A process which would've repeated until the country was forced to devalue its currency and debase its coins, which would end up happening a couple times before it was finally pulled from circulation in the 60s.