Silver coin in the context of "Ancient drachma"

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⭐ Core Definition: Silver coin

Silver coins are one of the oldest mass-produced form of coinage. Silver has been used as a coinage metal since the times of the Greeks; their silver drachmas were popular trade coins. The ancient Persians used silver coins between 612–330 BC. Before 1797, British pennies were made of silver.

As with all collectible coins, many factors determine the value of a silver coin, such as its rarity, demand, condition and the number originally minted. Ancient silver coins coveted by collectors include the Denarius and Miliarense, while more recent collectible silver coins include the Morgan Dollar and the Spanish Milled Dollar.

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Silver coin in the context of Denarius

The denarius (Latin: [deːˈnaːriʊs]; pl.: dēnāriī, Latin: [deːˈnaːriiː]) was the standard Roman silver coin from its introduction in the Second Punic War c. 211 BC to the reign of Gordian III (AD 238–244), when it was gradually replaced by the antoninianus. It continued to be minted in very small quantities, likely for ceremonial purposes, until and through the Tetrarchy (293–313).

The word dēnārius is derived from the Latin dēnī "containing ten", as its value was originally of 10 assēs. The word for "money" descends from it in Italian (denaro), Slovene (denar), Portuguese (dinheiro), and Spanish (dinero). Its name also survives in the dinar currency.

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Silver coin in the context of Carat (purity)

The fineness of a precious metal object (coin, bar, jewelry, etc.) represents the weight of fine metal therein, in proportion to the total weight which includes alloying base metals and any impurities. Alloy metals are added to increase hardness and durability of coins and jewelry, alter colors, decrease the cost per weight, or avoid the cost of high-purity refinement. For example, copper is added to the precious metal silver to make a more durable alloy for use in coins, housewares and jewelry. Coin silver, which was used for making silver coins in the past, contains 90% silver and 10% copper, by mass. Sterling silver contains 92.5% silver and 7.5% of other metals, usually copper, by mass.

Various ways of expressing fineness have been used and two remain in common use: millesimal fineness expressed in units of parts per 1,000 and karats or carats used only for gold. Karats measure the parts per 24, so that 18 karat = 1824 = 75% gold and 24 karat gold is considered 100% gold.

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Silver coin in the context of Modern gold dinar

The modern Islamic gold dinar (sometimes referred as Islamic dinar or Gold dinar) is a proposed bullion gold coin, so far not issued as official currency by any national state. It aims to revive the historical gold dinar, which was a leading coin of early Islam. Advocates have suggested it could consist of minted gold coins (dinars) or of silver coins (dirhams).

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Silver coin in the context of Dollar

Dollar is the name of more than 25 currencies. The United States dollar, named after the international currency known as the Spanish dollar, was established in 1792 and is the first so named that still survives. Others include the Australian dollar, Brunei dollar, Canadian dollar, Eastern Caribbean dollar, Hong Kong dollar, Jamaican dollar, Liberian dollar, Namibian dollar, New Taiwan dollar, New Zealand dollar, Singapore dollar, Trinidad and Tobago dollar, and several others. The symbol for most of those currencies is the dollar sign $; the same symbol is used by many countries using peso currencies.

The name 'dollar' originates from the tolar which was the name of a 29-gram (1.0 oz) silver coin called the Joachimsthaler minted in 1519 in the western part of Bohemia (now the Czech Republic). The word thaler itself comes from the German word Thal, i.e. 'valley'.

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Silver coin in the context of Coinage of the United States

Coins of the United States dollar – aside from those of the earlier Continental currency – were first minted in 1792. New coins have been produced annually and they comprise a significant aspect of the United States currency system. Circulating coins exist in denominations of 1¢ (i.e. 1 cent or $0.01), 5¢, 10¢, 25¢, 50¢, and $1.00. Also minted are bullion, including gold, silver and platinum, and commemorative coins. All of these are produced by the United States Mint. The coins are then sold to Federal Reserve Banks which in turn put coins into circulation and withdraw them as demanded by the United States economy.

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Silver coin in the context of Visual pun

A visual pun is a pun involving an image or images (in addition to or instead of language), often based on a rebus.

Visual puns in which the image is at odds with the inscription are common in cartoons such as Lost Consonants or The Far Side as well as in Dutch gable stones. For instance, a gable stone in the village of Batenburg puns on the words baten ('to profit') and burg ('castle') by depicting silver coins becoming gold in a castle.

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