عملات ملكي
Gresham's Law of Currency
What is Gresham's Law, and how does bad money drive out good money? There is indeed an economic law called Gresham's Law, which can be summarized as follows: "Bad money drives out good money." To better understand this law and its current applications, it is crucial to examine its origins and the circumstances surrounding its creation. Thomas Gresham was born Sir...
June 4, 2022Janvier coin minting machine
This is perhaps the most accurate method currently known for counterfeiting currency: reverting to the original using a Janvier die for minting… The Janvier die was invented by the French sculptor Victor Janvier in 1899. He wanted to invent a machine that could reduce the design from the plaster mold made by the sculptor to the steel die used for minting coins. Simply put, the plaster mold is installed…
January 8, 2019