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 Replies: 38 / Views: 11,436 |
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Pillar of the Community
United States
1130 Posts |
I though Fiat was paper money ?
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Rest in Peace
United States
1501 Posts |
coindexter I can't read Chinese either but I think that's Irish 
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Moderator
 United States
189340 Posts |
Quote:
I though Fiat was paper money ? From Wikipedia: Quote:
The terms fiat currency and fiat money relate to types of currency or money whose usefulness results, not from any intrinsic value or guarantee that it can be converted into gold or another currency, but only from a government's order (fiat) that it must be accepted as a means of payment. |
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Moderator
United States
189340 Posts |
Quote:
I can't read Chinese either but I think that's Irish Hibernia was the Roman name for Ireland. |
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Valued Member
United States
135 Posts |
1746 One Duit made of copper from the NETHERLANDS EAST INDIES - KM 70.
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Pillar of the Community
United States
869 Posts |
No what I meant to say is that this other coin I have is from china. Here they are. Anyone know the dates of these? Image:  or1.jpg84.82 KB Image: or2.jpg78.42 KB Edited by coindexter
08/25/2008 6:14 pm
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Moderator
United States
189340 Posts |
Quote:
No what I meant to say is that this other coin I have is from china Ahh!  |
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Pillar of the Community
United States
5318 Posts |
There are several languages on the Chinese "cash" coin, I believe Sadly, I cannot translate any. |
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Pillar of the Community
United States
869 Posts |
I know someone here knows how too. I thought I seen a thread once. Please come back and help Coindexter
Edited by coindexter
08/25/2008 8:25 pm
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Rest in Peace
United States
1501 Posts |
Looks a lot like this one; http://(131231) Not Allowed - Auto-Removed /countries/coin.php?image=img1/42-1cl&desc=Chinese%20Empire/Republic%20%20Cash%20Emperor%20Guang%20Xu%201875-1908%20(copy)  |
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Pillar of the Community
United States
869 Posts |
COINAHOL. the coin on the left side of my post looks like the one you found and I found the other coin on the right. All the pictures match this one.(1 Cash Emperor Kang Xi 1661-1722)Thanks for that link  Image: chinacoin.jpg33.16 KB Edited by coindexter
08/26/2008 01:15 am
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Moderator
Australia
16849 Posts |
Coindexter: re: your two Chinese coins. The one on the left is the same as Coinaholic posted; the Guang Xu emperor (1875-1908), struck in Guangdong (Kwangtung) province sometime after 1890. Note I said, "struck" - unlike most Chinese cash coins, these were actually struck, Western-style between dies on a coin press, rather than the traditional method of manufacture by casting. The one on the right is from the reign of the Jia Qing emperor (1796-1820). This coin is also from the Guangdong provincial mint. So, to answer your original question: no, neither of these coins are older than your Irish one.  Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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Moderator
Australia
16849 Posts |
As for the OP's question: if "fiat money" is to be defined as money (coin or paper) issued without the ability of converting that money into a fixed amount of precious metal, then very little of my ancient and mediaeval collection qualifies. Historically, almost all money in ancient and mediaeval times has either been made of, or been theoretically convertible into, gold or silver coin - you only needed to scrape together a large enough pile of it, and find a moneychanger who wouldn't gouge you too much. I do, however, have one piece of ancient currency that certainly qualifies as "fiat money". The Chinese usurper emperor Wang Mang was notorious for issuing new forms of currency, backed only by the threat of imprisonment and execution for anyone who dared to refuse to accept it, only to withdraw them a few years afterwards and replace them (at exorbitant exchange rates) with a new form of fiat money. This particular cash coin dates from his fourth and last "reform", issued circa 14-22 AD. The inscription reads "huo quan" (which I think translates to "money of value"). The reverse is blank.  Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
Edited by Sap
08/26/2008 10:25 am
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Pillar of the Community
United States
1415 Posts |
Once again SAP comes to the party with a wealth of information  That was a really interesting story. |
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Pillar of the Community
United States
869 Posts |
Thank you SAP. Now I can put them in to a 2x2 and have somthing to write on them also.lol
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Posted 08/25/2008 4:15 pm
or1.jpg
or2.jpg
chinacoin.jpg
