Posted 03/14/2013 07:30 am
Gold coins didn't circulate all that much, especially in the early part of the 20th Century, because they circulated alongside notes of equivalent face value.
That relieves some of the subjectivity of gold coins to wear and damage, relative to bronze and silver coins of the same period.
Balanced against that is the fact that gold is softer, and more easily degraded in circulation.
That relieves some of the subjectivity of gold coins to wear and damage, relative to bronze and silver coins of the same period.
Balanced against that is the fact that gold is softer, and more easily degraded in circulation.
