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French Silver Coin Curiousity

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Pillar of the Community

United States
1328 Posts
 Posted 04/22/2017  5:40 pm Show Profile   Bookmark this topic Add otto to your friends list Get a Link to this Message Number of Subscribers
If you consider the silver content of the 2 coins shown below, it raises an interesting point about silver content vs. inflation. The more modern 5-francs actually has more silver than the 2-francs, and 5 is only 2-1/2 times 2. Most of the time you see much more inflation than this (i.e. Greek drachmai and many others). I'd be interested in what others think.



French-Silver-Coin-Curiousity
Bedrock of the Community
sel_69l's Avatar
Australia
21792 Posts
 Posted 04/22/2017  6:17 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
I suspect that O.Roty's "The Sower" may have inspired St.Gauden's and Weinmans's walking Liberty designs.
Pillar of the Community
Russian Federation
5186 Posts
 Posted 04/22/2017  6:25 pm  Show Profile   Bookmark this reply Add january1may to your friends list Get a Link to this Reply
Technically speaking, the new 5 francs is actually 500 francs relative to the old coin. There was a redenomination by a factor of 100 shortly before 1963. They just decided to reuse the pre-WWI designs for the new coins.

And it's actually not that ridiculous - the UK and the USA both survived that period without redenominating at all (as did Sweden, and IIRC a few other European countries), and in the USA's case the silver coins used in 1915 and 1963 had the same specifications (no inflation by even as much as 2-1/2 times).


EDIT:
Quote:
I suspect that O.Roty's "The Sower" may have inspired St.Gauden's and Weinmans's walking Liberty designs.
Edited by january1may
04/22/2017 6:28 pm
Pillar of the Community
United States
1328 Posts
 Posted 04/22/2017  6:35 pm  Show Profile   Bookmark this reply Add otto to your friends list Get a Link to this Reply
january1may, thanks for clarifying redenomination of French Franc. Maybe the UK didn't redenominate, but they certainly debased their currency, in a sense, by moving from sterling to 0.5000 and then to CuNi.
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spru's Avatar
United States
12477 Posts
 Posted 04/22/2017  11:58 pm  Show Profile   Check spru's eBay Listings Bookmark this reply Add spru to your friends list Get a Link to this Reply
Even if it's just a few tidbits here and there, I always learn something browsing CCF. Thanks january1may!
In Memory of Crazyb0 12-26-1951 to 7-27-2020
In Memory of Tootallious 3-31-1964 to 4-15-2020
In Memory of T-BOP 10-12-1949 to 1-19-2024
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