Why were coins of low value printed in
large quantities?
Answers
ᴀɴsᴡᴇʀ-
ʙᴇᴄᴀᴜsᴇ ᴏғ ᴛʜᴇ ʜʏᴘᴇ, ᴛʜᴇʀᴇ ᴡᴀs ᴀ ʜᴜɢᴇ ᴀᴍᴏᴜɴᴛ ᴏғ ᴄᴏɪɴ ᴍɪɴᴛɪɴɢ. ᴜᴘᴏɴ ʀᴇʟᴇᴀsᴇ ᴛᴏ ᴛʜᴇ ᴘᴜʙʟɪᴄ, ᴛʜᴇ ᴄᴏɪɴ ᴡᴀs ɪᴍᴍᴇᴅɪᴀᴛᴇʟʏ ᴅɪsʟɪᴋᴇᴅ. ᴛʜᴇ ᴘᴜʙʟɪᴄ ғᴇʟᴛ ᴛʜᴀᴛ ᴛʜᴇ ᴄᴏɪɴ ᴛᴏᴏ ᴄʟᴏsᴇʟʏ ʀᴇsᴇᴍʙʟᴇᴅ ᴛʜᴇ ǫᴜᴀʀᴛᴇʀ ᴀɴᴅ ᴛʜᴇʏ ᴡᴇʀᴇɴ’ᴛ ʀᴇᴀᴅʏ ᴛᴏ ᴇᴍʙʀᴀᴄᴇ ɪᴛ. ᴛʜᴀᴛ sᴛᴏᴘᴘᴇᴅ ᴛʜᴇ ɢᴏᴠᴇʀɴᴍᴇɴᴛ ғʀᴏᴍ ᴘᴜsʜɪɴɢ ᴛʜᴇ ʀᴇsᴛ ᴏғ ᴛʜᴇ ᴄᴏɪɴs ᴏɴ ᴛʜᴇ ᴍᴀʀᴋᴇᴛ.
sᴏ ᴛʜᴇ ᴀɴsᴡᴇʀ ᴛᴏ ʏᴏᴜʀ ǫᴜᴇsᴛɪᴏɴ ɪs ᴛʜᴀᴛ ᴛʜᴇʀᴇ ᴀʀᴇ ᴛɪᴍᴇs ᴡʜᴇɴ ᴀ ɴᴇᴡ sᴛʏʟᴇ ᴏғ ᴄᴏɪɴ ᴄᴏᴍᴇs ᴏᴜᴛ ᴛʜᴀᴛ ᴛʜᴇ ɢᴏᴠᴇʀɴᴍᴇɴᴛ ᴛʜɪɴᴋs ɪs ɢᴏɴɢ ᴛᴏ ʀᴇᴠᴏʟᴜᴛɪᴏɴɪᴢᴇ ᴛʜᴇ ᴡᴀʏ ᴡᴇ sᴘᴇɴᴅ ᴍᴏɴᴇʏ. ᴛʜᴇʏ ᴘʀᴏᴅᴜᴄᴇ ᴛʜᴀᴛ ᴄᴏɪɴ ɪɴ ɢʀᴇᴀᴛ ɴᴜᴍʙᴇʀs ɪɴ ᴛʜᴀᴛ ᴀɴᴛɪᴄɪᴘᴀᴛɪᴏɴ. ᴛʜᴇ sᴜsᴀɴ ʙ ᴀɴᴛʜᴏɴʏ ғʟᴏᴘᴘᴇᴅ ʙᴇᴄᴀᴜsᴇ ᴏғ ᴛʜᴇ sɪᴍɪʟᴀʀɪᴛʏ ᴏғ ᴛʜᴀᴛ ᴏғ ᴛʜᴇ ǫᴜᴀʀᴛᴇʀ. ᴀɴᴏᴛʜᴇʀ ᴏɴᴇ ᴡᴀs ᴛʜᴇ ɢᴏʟᴅ ᴄᴏʟᴏʀᴇᴅ sᴀᴄᴀɢᴀᴡᴇᴀ ᴅᴏʟʟᴀʀ ᴄᴏɪɴ. ᴛʜᴀᴛ ᴘᴀʀᴛɪᴄᴜʟᴀʀ ᴄᴏɪɴ ᴅɪᴅɴ’ᴛ ʜᴏʟᴅ ᴜᴘ ᴡᴇʟʟ ᴛᴏ ʀᴇɢᴜʟᴀʀ ᴜsᴇ ᴀɴᴅ ᴅᴇᴛᴇʀɪᴏʀᴀᴛᴇᴅ ᴠᴇʀʏ ǫᴜɪᴄᴋʟʏ.