Coin Community Family of Web Sites
Like us on Facebook! Subscribe to our Youtube Channel! Check out our Twitter! Check out our Pinterest!
Username:
Password:
Save Password
Forgot your Password?


Welcome Guest! Need help? Got a question? Inherit some coins?
Our coin forum is completely free! Register Now!

Yet Another Forum Game - Numismatic Go Fish!

First page | Previous Page | Next Page | Last 15 Replies
 
To participate in the forum you must log in or register.
Author Replies: 6,534 / Views: 287,932Next Topic
Page: of 436
Pillar of the Community
Canada
3535 Posts
 Posted 11/30/2019  6:03 pm  Show Profile   Bookmark this reply Add oriole to your friends list Get a Link to this Reply
@pepactonius, as I understand j1m, your example would be a ratio of 20,000 to 1. The higher denomination coin was the result of the inflation, but it was still technically the same Leu in 1883 as it was in 1946. If at that time there was a conversion of 100,000 old leu to 1 New leu, a coin denominated in 1 new leu would still have the same 20,000 to 1 ratio to the 1883 5 lei coin.
Pillar of the Community
Russian Federation
3122 Posts
 Posted 11/30/2019  6:17 pm  Show Profile   Bookmark this reply Add january1may to your friends list Get a Link to this Reply

Quote:
@pepactonius, as I understand j1m, your example would be a ratio of 20,000 to 1. The higher denomination coin was the result of the inflation, but it was still technically the same Leu in 1883 as it was in 1946. If at that time there was a conversion of 100,000 old leu to 1 New leu, a coin denominated in 1 new leu would still have the same 20,000 to 1 ratio to the 1883 5 lei coin.
Yes, that's pretty much correct.

(Actually the conversion rate was 20,000 to 1, so to keep the ratio the new coin would have to be 5 new lei.)
Pillar of the Community
Canada
3535 Posts
 Posted 11/30/2019  7:07 pm  Show Profile   Bookmark this reply Add oriole to your friends list Get a Link to this Reply
@j1m, I was using a hypothetical conversion rate since I did not know the actual one. But, if the actual conversion rate was 20,000 to one, then 100,000 old lei to 5 old Lei would be the same as 5 old Lei to 5 New lei, at least this is how I understand it.

And yes, you do seem to be making it complicated (or maybe we are a little slow).
Bedrock of the Community
Learn More...
United States
10646 Posts
 Posted 11/30/2019  11:13 pm  Show Profile   Check spruett001's eBay Listings Bookmark this reply Add spruett001 to your friends list Get a Link to this Reply
Here is my entry.

1985 Mexican peso:




1992 Mexico 5 new pesos:




Because of inflation, the peso was revalued between these two coins' mintings at a rate of $1,000 to each N$1. So, I understand that this represents a ratio of 5,000:1. The "Nuevo" was added for a few years to signify the newly valued currency but was dropped shortly thereafter.

I believe j1m is looking for coins surrounding a currency revaluation, not simply coins with drastically different face values due to inflation. Typically, the two I posted would have a face value ratio of 5:1, but because of the revaluation, it's actually 5,000:1, or 1:5,000, whichever you prefer.
In Memory of Crazyb0
12-26-1951 to 7-27-2020
In Memory of Tootallious
3-31-1964 to 4-15-2020
Pillar of the Community
Learn More...
United States
8787 Posts
 Posted 12/01/2019  02:44 am  Show Profile   Bookmark this reply Add pepactonius to your friends list Get a Link to this Reply
2nd attempt at understanding this --

Coin 1) Brazil -- 20000 reis from 1867 (gold)
Coin 2) Brazil -- 20 cruzeiro from 1983

Revaluations:

- 1942: 1 cruzeiro = 1000 reis
- 1967: 1 cruzeiro (novo) = 1000 cruzeiros

20 cruzeiros from 1983 = 20 X 1000 X 1000 = 20,000,000 reis, or 1000x the 20000 reis coin from 1867?
Bedrock of the Community
Learn More...
United States
10646 Posts
 Posted 12/01/2019  04:13 am  Show Profile   Check spruett001's eBay Listings Bookmark this reply Add spruett001 to your friends list Get a Link to this Reply
@pepactonius

I bent my brain for a bit, but I realized it doesn't matter.


Quote:
20 cruzeiros from 1983 = 20 X 1000 X 1000 = 20,000,000 reis, or 1000x the 20000 reis coin from 1867?


This is true.
In Memory of Crazyb0
12-26-1951 to 7-27-2020
In Memory of Tootallious
3-31-1964 to 4-15-2020
Pillar of the Community
Russian Federation
3122 Posts
 Posted 12/01/2019  05:21 am  Show Profile   Bookmark this reply Add january1may to your friends list Get a Link to this Reply
Nice entry @spruett001!

I'm counting 1 point for dates, 1 point for face value ratio and 1 point for redenomination, for a total of 3 points.


Current leaderboard:

1) spruett001 - 3 points
2) Spence - 0 points
Bedrock of the Community
Learn More...
United States
10646 Posts
 Posted 12/01/2019  05:40 am  Show Profile   Check spruett001's eBay Listings Bookmark this reply Add spruett001 to your friends list Get a Link to this Reply
I'll take the points! That N$5 still isn't worth much, though.

In Memory of Crazyb0
12-26-1951 to 7-27-2020
In Memory of Tootallious
3-31-1964 to 4-15-2020
Edited by spruett001
12/01/2019 05:44 am
Pillar of the Community
Learn More...
United States
8787 Posts
 Posted 12/01/2019  2:05 pm  Show Profile   Bookmark this reply Add pepactonius to your friends list Get a Link to this Reply
Empire of Brazil -- 20000 reis, 1867:



Federative Republic of Brazil -- 20 cruzeiros (novos), 1983:



See earlier post showing that the 1983 coin is worth 1000 of the 1867 coins.

(Edited to add: It's too bad I don't have a modern Brazilian real. One of these is worth 2.75E+18 of the original Brazilian reis. There were three more 1000x revaluations, and one 2750x revaluation since 1983.)




Edited by pepactonius
12/01/2019 2:11 pm
Bedrock of the Community
Learn More...
United States
10646 Posts
 Posted 12/01/2019  11:22 pm  Show Profile   Check spruett001's eBay Listings Bookmark this reply Add spruett001 to your friends list Get a Link to this Reply

Quote:
It's too bad I don't have a modern Brazilian real. One of these is worth 2.75E+18 of the original Brazilian reis.


In Memory of Crazyb0
12-26-1951 to 7-27-2020
In Memory of Tootallious
3-31-1964 to 4-15-2020
Pillar of the Community
Russian Federation
3122 Posts
 Posted 12/03/2019  1:25 pm  Show Profile   Bookmark this reply Add january1may to your friends list Get a Link to this Reply
Huh. It's been five days apparently.
I'll give it two more unless you want to end it sooner.

Current leaderboard:

1) spruett001 - 3 points
2) pepactonius - 3 points
3) Spence - 0 points

(For the record, pepactonius gets 1 point for face value ratio and 2 points for the redenominations... I really should have called them "redenominations" instead of "currency changes" in my original description.)
Bedrock of the Community
Learn More...
United States
10646 Posts
 Posted 12/04/2019  02:23 am  Show Profile   Check spruett001's eBay Listings Bookmark this reply Add spruett001 to your friends list Get a Link to this Reply

Quote:
I really should have called them "redenominations" instead of "currency changes" in my original description.


Live and learn.

I think we're okay with a couple more days.
In Memory of Crazyb0
12-26-1951 to 7-27-2020
In Memory of Tootallious
3-31-1964 to 4-15-2020
Moderator
Learn More...
United States
88584 Posts
Pillar of the Community
Russian Federation
3122 Posts
 Posted 12/06/2019  07:00 am  Show Profile   Bookmark this reply Add january1may to your friends list Get a Link to this Reply
It looks like there hadn't been anything for the rest of that week, so the previously posted leaderboard stays...

1) spruett001 - 3 points
2) pepactonius - 3 points
3) Spence - 0 points

Dunno if that was an overly complicated challenge, or the thread is just no longer so active.

@spruett001 - you're up!
Bedrock of the Community
Learn More...
Canada
15947 Posts
 Posted 12/06/2019  8:24 pm  Show Profile   Bookmark this reply Add Dorado to your friends list Get a Link to this Reply

Quote:
@spruett001 - you're up!


Congratulations! The floor is yours!
Page: of 436 Replies: 6,534 / Views: 287,932Next Topic  
 
To participate in the forum you must log in or register.

Coin Community Member eBay Sales

Certified Coins   Certified VAMs   Certified Errors  




Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2020 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use

Coin Community Forum © 2005 - 2020 Coin Community Forums
It took 0.92 seconds to rattle this change. Powered By: Snitz Forums 2000 Version 3.4.05