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Origins of Coinage
The floors are all polyurethaned and the important walls are all
painted. With the kitchen set-up in process, we are going through more boxes. I came across some old CELATORS and I want to archive here a fact that I often cannot cite. At the ANA 1998 Early Convention in Cincinnati, I delivered a talk on "The Origins of Coinage." That was a facilitated session. I served as host and moderator, opening up the floor to discussion. It was NORMAN COCHRAINE who suggested that the first coins were made to provide "window dressing" to bullion to make it more exportable. That citation comes from the letters column of the May 1998 issue of THE CELATOR. We do not know why coins are invented. Any theory to explain them must be internally consistent and must explain known facts. Furthermore, any such theory should also point to related but different truths. Best of all, a theory to explain the origins of coinage should serve as a predictor for previously unknown facts. Many theories have been offered. Some are compelling. A few are better than others. None is perfect. |
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