[e-gold-list] Re: question on coins

2003-10-21 Thread Robert B.Z.
Hello Jens, You do of course have a point, but I think the reason for coins is mainly that they are with us as since shortly after the concept of money was invented (metal supplies permitting and shell money and similar exemptions not withstanding). Old habits die hard, I suppose. I do actually

[e-gold-list] Re: question on coins

2003-10-21 Thread James M. Ray
Wilkinson Jens wrote: ... When dealing with paper money and coins, is there really a good reason to have coins at all? ... Well, aside from the historical reasons, there are emotional reasons to have coins, IMO. Everyone needs to feel a one oz gold or silver coin and play with it for a

[e-gold-list] Re: question on coins

2003-10-21 Thread Patrick Chkoreff
On Tuesday, October 21, 2003, at 02:15 AM, Robert B.Z. wrote: I do actually believe that coins are more expensive than paper notes (to mint, transport and store) but also more durable. However there is the administrative part that allows you to simply weigh coins to determine the number of