Question

what are the impact of the coinage metals since 18th century

Answer 1

Coinage metals are alloys that have been used to mint coins in the ancient India.

The coins were generally made of copper, bronze, gold and silver.

Coinage metals have been very significant during ancient and medieval India.

It was from the remains of the coinage metals that many a things were undiscovered about a period or civilization.

Answer 2

The impact of the coinage metals since 18th century:

The coins were made of metals that were also 'traded as commodities'.

As a result of the impact of coin   “exchange rates” often differed sharply from region to region.

Explanation:

• The metals that are used to make coins are called coinage metals. In ancient days, coinage metals include Bronze, Copper, Silver and Gold.

• These metals are used as components in alloys to mint coins.

• They were first introduced by the 'chaemenid Darius I' in Persia.

• Coinage metals were used in the ancient and medieval periods.

• They were used as a 'medium of exchange'.

• The coinage metals were used to make fake gold coins, to manufacture sovereigns and half-sovereigns.

• An 'alloy of copper' and silver were 'used by the French' during 18th century.

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