Silver coin

When silver coins are referred to coins whose silver content ( fineness ) is more than 50 percent of Raugewichts. If the silver content less than 50 percent, one speaks of a Billonmünze.

The base alloy component used to be mostly copper, which made ​​the coin harder. A pure silver coin would have been too soft for circulation and have been very worn after a short turnaround time.

Silver coins were formerly Kurantmünzen, but also coins. Since about 1970 silver coins have disappeared as a normal coin from circulation worldwide. Today's 10 - euro silver coins are indeed legal tender in their Country, but are designed as commemorative coins mainly for collectors.

Silver coins for investment ( bullion coins such as the Vienna Philharmonic, American Silver Eagle, Maple Leaf ) were popularized by the financial crisis and allow investors to buy silver in small denominations.

End of the Silver Mint by country

Since the introduction of coinage in ancient times until after the Second World War, the most coins silver coins were of medium quality ( small change was made of copper and copper alloys and the high nominal value of gold). As the first countries Denmark and Norway brought no more silver coins in circulation (already during the First World War ). Many other countries followed during or shortly after the Second World War (eg the United Kingdom), while Switzerland in 1969, Austria in 1973 and (as one of the last countries in the world ) Germany 1974 followed. France finished the issuance of silver coins in 1969, Italy and Spain in 1970, while the U.S. is already 1964/65 got out.

The disappearance of the last silver coins from everyday payments had at the beginning of the 1970s a number of reasons, so led about the oil crisis and the collapse of the Bretton Woods system of excessive inflation in most countries, as well as the price of silver fluctuated increasingly, so that the output of heavy silver coins was planned and there was a danger that the material value of the coins exceeds their face value imprinted. Ultimately, the use of precious metal coins is not a more expansive central bank policy aimed at expanding the money supply, compatible. In addition, silver coins are not machines sure what various copper -nickel alloys are required, a precisely defined magnetism (neither too strong nor too weak ) in order to prevent fraud with other coins. This is both the imported below 2 - the case and 2- euro coins - and 5- DM- pieces as well as in today's 1.

The following is a summary of the last silver coin in everyday use ( commemorative coins for collectors are usually up today silver coins) in some countries:

  • Australia: 50 cents (up to 1966)
  • Belgium: 20 Francs ( to 1955 ) 50 Francs ( to 1954 ) and 100 francs (up to 1954)
  • Brazil: 5000 rice (until 1938 )
  • Bulgaria: 100 Leva ( to 1937 )
  • Denmark: 10 Øre ( until 1919 ), 25 Øre ( until 1919 ), 1 crown ( to 1916 ), 2 crowns (up to 1916)
  • Germany: 5 Mark ( to 1974 )
  • Finland: Mark 1 ( to 1968 )
  • France: 5 Francs ( to 1969 )
  • Greece: 20 drachmas (until 1960 )
  • India 1/4 Rupee ( until 1945), 1/2 rupee (until 1945), 1 rupee ( 1945 )
  • Italy: 500 Lire ( to 1970 )
  • Japan: 100 yen ( to 1966 )
  • Yugoslavia: 20 dinars (until 1938 ), 50 dinars (until 1938 )
  • Canada: 10 cents (up to 1968), 25 cents (up to 1968), 50 cents (up to 1966), $ 1 ( to 1966 )
  • Mexico: 25 pesos (up to 1972)
  • Netherlands: 1 Gulden ( to 1967), 2 1/ 2 Gulden (up to 1966)
  • Norway: 10 Øre ( until 1919 ), 25 Øre ( until 1919 ), 50 Øre ( until 1919 ), 1 crown ( until 1917 ), 2 crowns (up to 1917)
  • Austria: 5 shillings ( until 1968 ), 10 shillings ( to 1973)
  • Poland: 2 Zloty (up to 1936), 5 zloty (until 1938 ), 10 PLN ( to 1939 )
  • Portugal: 10 Escudos ( to 1955 )
  • Romania: 25,000 Lei ( until 1946 ), 100,000 lei ( to 1946 )
  • Sweden: 5 crowns (up to 1971)
  • Switzerland: 1/2 franc ( until 1967 ), 1 franc ( until 1967 ), 2 francs ( to 1967), 5 francs ( to 1969 )
  • Spain 100 Pesetas ( until 1970)
  • Soviet Union: 10 kopecks ( until 1931 ), 15 kopecks ( until 1931 ), 20 kopecks (up to 1931)
  • South Africa: 1 edge ( to 1976 )
  • Czechoslovakia: 5 crowns (up to 1931), 10 crowns (until 1933 ), 20 crowns (up to 1934)
  • Turkey: 50 Kurus ( until 1948 ), 1 Lira ( until 1948 )
  • Hungary: 5 Forint ( to 1947 )
  • United Kingdom: 3 pence ( until 1944 ), 6 pence ( until 1946 ), 1 shilling ( to 1946 ), 2 shillings ( until 1946 ), 1/2 Crown ( to 1946 )
  • United States: Dime ( until 1964 ), quarter ( until 1965 ) and half- dollar (up to 1964)

10 Schilling, Austria

5 Francs, Switzerland

5 Francs, France

500 Lire, Italy

100 Pesetas, Spain

1 shilling, UK

730204
de