Thursday, January 12, 2017

Evidence of the Decline of the US Empire

Yes I know, causation, correlation...  

However I was reading this article today found linked at Rawles Blog.
http://www.coinweek.com/us-coins/lincoln-cent-roll-searching-found-25-box-pennies/


It is kind of a interesting article. However the last part really got me to thinking about the money of the Roman Empire.

The older Roman coins were actually nicer and better than the newer ones because of currency debasement and the eventual decline.

See here for more info:

http://www.lehigh.edu/%7Einarcmet/papers/pense%201992.pdf



The first article mentioned that the newer coins even ones that were less than 10 years old were corroded and in bad shape vs the older copper pennies.




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