Today I Bought...

Didn't want to start a new thread if this is an easy one to answer:
I'm wondering why some silver coins are issued as sterling silver instead of .999?
 
Managed to get some tubes for $2 coin rolls
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Didn't want to start a new thread if this is an easy one to answer:
I'm wondering why some silver coins are issued as sterling silver instead of .999?
Traditionally it was to do with hardness and wear of currency.
On the Mohs scale of hardness Sterling rates as harder so is more durable.
All the pure silver coins we see are really used for store of wealth theses days not as a circulating currency.
Same applies to 22ct gold coins
If they would have originally made sovereigns in 24ct gold I would guess most of the obverse and reverse detail on all 100 year old coins would be gone-worn flat.
 
Thanks, I guess I should have put my two brain cells together..

it was related to a ‘today I bought’ as the question came to mind looking at the commemorative silver Australian coins set and wondered why they were sterling (boxed and capsulised)
 
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26 and 30 for the Morgans and 280 for the JM bar. He had two of the bars but I didnt bring that much but I texted my son and he bought it over the phone. A good one for ebay or to keep.
I'm almost out of work for the coming winter so not buying much nowadays. Its cash mode for me now
 
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I've been buying more 10 oz size lately, or even kilo is good. Takes up less room and still fairly liquid. Sometimes lower premiums too.
 
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