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 Replies: 20,185 / Views: 949,963 |
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Bedrock of the Community
United States
12477 Posts |
@Spence I'm sure j1m will be able to calculate it. The few times I've done it, I used the Wikipedia article for the currency to see what the replacement rates were, but that's hardly fool-proof. I may have something from Mexico I can add.  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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Moderator
 United States
34511 Posts |
"If you climb a good tree, you get a push."
-----Ghanaian proverb
"The danger we all now face is distinguishing between what is authentic and what is performed."
-----King Adz
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Pillar of the Community
Russian Federation
5186 Posts |
Nice pair @Spence! Unfortunately, as far as I can tell, the face value ratio between these two coins appears to be the same as that between a Barber quarter and an ATB Quarter. You get 0 points (sorry, but it just isn't eligible for any of the points - again, as far as I can tell), and will win this round if no entries worth more than 0 points show up in the next few days. (Obviously, you're also allowed to post another pair that could score higher.) |
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Moderator
United States
34511 Posts |
Hmm, so there was zero inflation between 1925 and 1946 in Germany?  "If you climb a good tree, you get a push."
-----Ghanaian proverb
"The danger we all now face is distinguishing between what is authentic and what is performed."
-----King Adz
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Pillar of the Community
Russian Federation
5186 Posts |
Quote:
Hmm, so there was zero inflation between 1925 and 1946 in Germany? ...I never said that. In fact, my comparison example ( Barber quarter and ATB Quarter) was very deliberately chosen to avoid that interpretation. I'm surprised how you missed this. |
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Moderator
United States
34511 Posts |
Ok sure, maybe too much gravy on my turkey last night is putting me in a food coma.  The goal is to post two coins that are separated by a period of inflation, right? In order to qualify for zero points, then these two coins must be worth within 1000x of each other. Is that what you are saying? "If you climb a good tree, you get a push."
-----Ghanaian proverb
"The danger we all now face is distinguishing between what is authentic and what is performed."
-----King Adz
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Pillar of the Community
Russian Federation
5186 Posts |
Quote:
The goal is to post two coins that are separated by a period of inflation, right? In order to qualify for zero points, then these two coins must be worth within 1000x of each other. Is that what you are saying? Must have a face value within 1000x of each other; purchasing power is irrelevant in this case. (I can't figure out enough of what you meant in the rest of your statement to be sure whether it's correct or not.) |
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Pillar of the Community
United States
1543 Posts |
Quote:
, the face value ratio between these two coins Edited by Gincoin43
11/30/2019 5:48 pm
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Moderator
United States
34511 Posts |
Ok maybe the fog is lifting a little.
With this challenge you are looking for coins that have different face value. One example would be a 2019 US Quarter and 2019 US Cent, which would result in a ratio of 25x. However, a 1792 US Cent and a 2019 US Quarter would also result in that same ratio (25x). So then it isn't so much inflation that you are looking for as opposed to redenomination, right? Please confirm that I'm now on the same page as you or else provide an example of your own. Thx.
"If you climb a good tree, you get a push."
-----Ghanaian proverb
"The danger we all now face is distinguishing between what is authentic and what is performed."
-----King Adz
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Pillar of the Community
Russian Federation
5186 Posts |
Quote:
Ok maybe the fog is lifting a little.
With this challenge you are looking for coins that have different face value. One example would be a 2019 US Quarter and 2019 US Cent, which would result in a ratio of 25x. However, a 1792 US Cent and a 2019 US Quarter would also result in that same ratio (25x). So then it isn't so much inflation that you are looking for as opposed to redenomination, right? Please confirm that I'm now on the same page as you or else provide an example of your own. Thx. Redenomination as a side effect of inflation; this does not necessarily require actually redenominating the currency, and indeed did not, e.g., in 1990s Turkey (though eventually there are too many digits in the face values to conveniently fit on coins). |
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Pillar of the Community
United States
9395 Posts |
Edited by pepactonius
11/30/2019 5:12 pm
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Pillar of the Community
Russian Federation
5186 Posts |
Quote:
Would the Romanian 1883 5 lei and the 1946 100000 lei be the kind of thing you are looking for? Yes, though I was thinking more of the 1942 5 lei [EDIT: instead of the 1883]. Edited by january1may
11/30/2019 5:40 pm
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Pillar of the Community
Canada
5285 Posts |
@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.
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Pillar of the Community
Russian Federation
5186 Posts |
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.) |
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Pillar of the Community
Canada
5285 Posts |
@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).
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Posted 11/30/2019 08:19 am
