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England’s recoinage has not been a financial …
Years: 1698 - 1698
England’s recoinage has not been a financial success; by 1698 production has tailed off.
It has proved impossible to maintain a system based on gold and silver because of the variation in the bullion values of each metal.
In practice, this usually means that silver is worth more melted down into bullion.
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Years: 1698 - 1698
Locations
Groups
Commodoties
Subjects
Regions
Subregions