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Topic: Coin clipping

	Coin clipping - Wikipedia, the free encyclopedia
		Coin clipping is the act of shaving off a small portion of the precious metal for profit.
		Many coins also have the rim of the coin marked with stripes (milling or reeding), text (engraving) or some pattern that would be destroyed if the coin was clipped.
		In most modern coins the milling is purely decorative, or an aid to the blind to distinguish different denominations, as the metal is not intrinsically valuable.
	en.wikipedia.org /wiki/Coin_clipping (175 words)

	Clipping - Wikipedia, the free encyclopedia (Site not responding. Last check: 2007-10-12)
		Clipping (gardening), or pruning, the practice of removing diseases, overmature or otherwise unwanted portions from a plant
		Clipping (telephony), the loss of the initial or final parts of a word, usually caused by the nonideal operation of voice-actuated devices
		Clipping (display devices), the removal of those parts of display elements that lie outside of a given boundary
	en.wikipedia.org /wiki/Clipping (256 words)

	Glossary of Numismatic Terms
		Brokage coins appear to have the same design on both sides with one side showing a reverse or mirror strike which, because the previous coin acts as the die, does not usually have the same quality of detail.
		On Australian pre-decimal coins, particularly during the war years, it was common practice to continue to use dies well after they would normally have been replaced, with the result that many coins of the era display 'soft strikes'.
		A coin struck on a planchet composed of a metal on which the coin is not normally struck.
	www.australianstamp.com /coin-web/history/glossary.htm (4330 words)

	Brough, The Natural Law of Money, Chapter 2: Library of Economics and Liberty
		Meantime, the law against clipping was vigorously enforced; counterfeiting had long been punished with the same extreme penalties as treason, and in the reign of Elizabeth the clipping of coin was also made a capital offence.
		Although the English government, by demonetizing the clipped coin, was enabled to restore the coinage, this action was not prompted by any intelligent perception of the real cause of the debasement, but came upon government and people alike as a dynamic necessity.
		The same Parliament which decreed that the clipped coin should not pass, also made it a penal offence to give or take more than twenty-two shillings for a guinea, which is conclusive evidence that this Parliament believed in the power of sovereignty to regulate the value of the coin.
	www.econlib.org /LIBRARY/YPDBooks/Brough/brghNLM2.html (5338 words)

	Brough, The Natural Law of Money ToC: The Online Library of Liberty (Site not responding. Last check: 2007-10-12)
		Coin in constant circulation loses value by abrasion, but this does not alter the rule; the loss from wear must be made good in return for the service rendered, or the coin will become discredited money.
		The belief was general that if the full-weight coin were put into circulation, it would of itself, as being a more desirable money, drive the light-weight coin out of use; and this view seemed all the more reasonable in that the people were unanimous in demanding of their government a reformation of the coinage.
		When coin was driven from circulation it was by the operation of the legal-tender quality given to paper-money, and not because the money was paper; but as this distinction never became clear to the popular mind, paper-money circulated under a cloud of distrust even during those times when it rested solely upon its intrinsic merits.
	oll.libertyfund.org /Home3/HTML.php?recordID=0035 (14430 words)

	Odd Terms
		Coins produced thereafter from such a pair of dies, usually show mirror-image traces of an obverse design on the reverse, or, reverse design on the obverse.
		Nip (clip)- A small portion of the coin missing, when it is caught by the stroke of the Dies striking the next planchet, some rim bruising maybe apparent as the coin is flipped by the action.
		Coins can appear as struck off center and as a result can still be flat but more often bent at one side so as to give the appearance of a high rim coin or a soup spoon shaped coin.
	members.optusnet.com.au /~ihartshorn/feature/a-z.htm (3186 words)

	[No title]
		Clipping of Money is raising it without publick Authority; the same denomination remaining to the piece, that hath now less Silver in it, than it had before.
		Clipping, and clip'd Money, have besides this robbery of the Publick other great inconveniencies: As the disordering of Trade, raising Foreign Exchange, and a general disturbance which every one feels thereby in his private Affairs.
		Clipping is so gainful, and so secret a Robbery, that penalties cannot restrain it, as we see by experience.
	www.ecn.bris.ac.uk /het/locke/furth.txt (17628 words)

	* Debase - (Numismatic): Definition (Site not responding. Last check: 2007-10-12)
		Debased Refers to underweight coins or coins whose precious metal content is inferior to legal standards (or to those claimed on a coin's face).
		A term used with reference to precious metal coins to describe a reduction in the purity of the item by increasing the proportion of base metals or by filing or clipping the coin to reduce its weight...
		He minted coins lighter in weight than the normal denarius, but shortly after his death the Roman denarius was debased making these coins just about right.
	www.bestknows.com /numismatic/debase.html (824 words)

	Magic Show (Site not responding. Last check: 2007-10-12)
		He asks a spectator to select any coin he may have in his pocket, mark it with his initials, remove the lid from the metal box and drop the coin into the box.
		Bruce Hurling's Coin Box And Handkerchief Routine is a impossible seeming effect that uses Okito's coin box as it was originally intended: the repository for a borrowed coin which escapes from the box by magic.
		The coin, which should be marked, vanishes from box and is found in the center of the knotted handkerchief.
	allmagic.com /magicshow/coins/hurlingcoinandhank.html (2452 words)

	Liberty Dollar - Wikipedia, the free encyclopedia (Site not responding. Last check: 2007-10-12)
		It consists of specially-minted.999 pure silver and.9999 pure gold coins, as well as paper certificates (warehouse receipts), and digital eLibertyDollars (digital warehouse receipts), both of which are redeemable for the coins.
		The gold and silver Liberty coins, formally called specie, have a similar design except for particulars such as mint date and value.
		Both coins have milled (rough) edges, like on the U.S. quarter and dime, intended to discourage coin clipping.
	en.wikipedia.org /wiki/Liberty_Dollar (2250 words)

	0.1.7.1 Defects Information
		Material was surreptitiously removed from the edge of the coin by clipping or shaving, reducing its diameter - sometimes to the point of removing part of the design.
		An area of the coin that is not fully struck due to an irregular or incomplete strike.
		The coin's edges are irregular due to uneven spread of the flan upon striking.
	www.classicalcoins.com /page110.html (688 words)

	Legal Tender and the Civil War
		If the minter had a good reputation, the coin would trade in the marketplace at face value — that is, as one ounce of gold.
		The result was that the king’s coin would begin trading at a discount — that is, trading for less than one ounce, which of course was a tremendous insult to the honor of the king.
		To remedy the situation, he would order that all his coins be accepted at their face value, despite the fact that the coins contained less than that amount of gold as a result of the “clipping.”
	www.fff.org /freedom/1100a.asp (2157 words)

	Tax-Cut Alchemy
		The coin would circulate in the realm and everyone would use it in trade, on the assumption that it truly contained one ounce of gold.
		The king’s response would be to simply decree that all official coins, shaved or not, were to be accepted as “legal tender” at face value for all expenditures in the kingdom, both public and private.
		While the notes promised to pay the bearer gold and silver coin, inevitably the government would print so much paper money that the king would have to decree the notes to be irredeemable, given that he lacked the gold and silver to pay off all the notes that had been printed.
	www.fff.org /comment/com0302b.asp (784 words)

	New Page 15 (Site not responding. Last check: 2007-10-12)
		This is an exact duplicate of a Scottish coin, front and back, dated 1637 from Charles.
		The uneven edges are probably due to coin clipping while in circulation.
		The coin was worn very thin and had a crack in it - all very apparent.
	www.simplysilver.net /newpics/pendants/celticcoinpendant2.htm (75 words)

	Massachusetts Bay Silver General Introduction
		Clearly this measure was insufficient as it did not address the problems of the purity of the silver in the coin and clipping that took place after the coin was counterstamped.
		Clearly, a fair number of coins were in circulation by October as on October 19, 1652 the General Court issued an order revising the design of the coin to prevent trimming or clipping silver from the edge.
		Although the coins were made slightly over twenty-two percent lighter that their British counterparts, they were still avidly sought in a land that had very little reliable coinage, that is, coins that were guaranteed to be a particular weight and a specific fineness of silver.
	www.coins.nd.edu /ColCoin/ColCoinIntros/MASilver.intro.html (5799 words)

	Coin Clipping And Inflation - Print Version
		These coins were money, (no quotes) because to turn them out required a lot of effort to mine, smelt, and stamp out the coins.
		The "clippings" would be melted down, and made into new coins, thereby increasing the supply of money without having to mine more silver.
		The Romans were defrauded when their coins were "clipped," but not nearly as much as are the world's population today, no matter what country they may live in, because all currencies are worthless, other than by government laws which say everyone must use them.
	www.gold-eagle.com /gold_digest_01/stott041901pv.html (964 words)

	The Silver Sixpence Company Ltd Terminology of coin collecting
		Clipping - The unofficial removal of a part of the coin whilst passing the coin on for its original value.
		Hammered - The striking of a coin by placing a flan between two dies and then hammering the dies together
		Milled - The coin was made by a machine rather than by hand.
	www.silver6pence.com /acatalog/Terminology_of_coin_collecting.html (199 words)

	WorldNetDaily: Fool's Gold
		This process of debasement -- accomplished not through coin clipping but through executive fiat with central bank cooperation -- is nothing but theft, spread out over decades and done in a way that bypasses the legislative process (in a way that taxation cannot).
		Hence, Sacajewea, the Shoshone Indian who accompanied Lewis and Clark, was chosen for the portrait for political reasons: She appeals to the new sensibility of recovering lost heroines who have been buried by the great white male conspiracy.
		The implicit political message of these coins was to herald the storied independence and romance of Indians, a summing up of the best of American history and culture.
	www.worldnetdaily.com /news/printer-friendly.asp?ARTICLE_ID=20317 (907 words)

	[No title]
		In centuries past, when they feared that their subjects would not bear further taxation, emperors and kings resorted to clipping some of the precious metal from the edges of coins they issued, or, more slyly, to diluting the precious metal content of the coins' alloy.
		Sherman moved to insert, after the words 'coin money' the words "nor emit bills of credit, nor make anything but gold and silver a tender in payment of debts," [thus] making these prohibitions absolute.
		Congress was to coin money and to regulate the value thereof-only the relative values of coined money were to be regulated.
	www.mega.nu:8080 /ampp/getman.html (2120 words)

	The Avalon Project : Further Considerations Concerning Raising the Value of Money
		The only odds is, that by Clipping the loss is not forced on any one (for no body is obliged to receive Clip'd Money;) By altering the Standard it is.
		Altering the Standard, by raising the Money, will not get to the Publick or bring to the Mint to be Coin'd one Ounce of Silver: But will defraud the King, the Church, the Universities and Hospitals, &c.
		The ordinary odds here in England, between Silver in Bullion, and the same in our Coin, is by reason that the Stamp hinders its free Exportation about a Penny in the
	www.yale.edu /lawweb/avalon/econ/locke01.htm (17704 words)

	Editorial:
		Very simply, when coins were made of silver and gold, and before they had ‘milling’, people used to slice, oh but the tiniest sliver of silver or gold, off the edge of the coin that was passing through their hands in the course of daily trading.
		Thats why they re-designed coins with ‘milling’, so that it would be very difficult, if not impossible, for anyone to clip coins ever again.
		The people who are coin clipping today have ‘bought’ the politicians they wanted, who have, in turn, passed laws making electronic coin clipping, and electronic creation of non-existent money, legal.
	www.sustecweb.co.uk /past/sustec83 (20283 words)

	Ultimate Magic Network: Magic Library: Read Trick
		The bottom end of the coin should come towards you, and your fingers will come together, hiding the coin from the audience.
		Your thumb is clipping the coin to your sleeve.
		The illusion is that the coin came roight thru your sleeve.
	www.ultimatemagic.com /library/read.php?trick=1221 (204 words)

	definition of clipper
		One who clips; specifically, one who clips off the edges of coin.
		A machine for clipping hair, esp. the hair of horses.
		And, Bow, Built, Clipping, Clips, Coin, Edges, Fast, For, Hair, Horses, Machine, Of, Off, One, Rigged, Sailing, Sharp, Specifically, The, Vessel, Who, With
	www.brainydictionary.com /words/cl/clipper144798.html (120 words)

	Clipper Meaning and Definition
		(n.) A machine for clipping hair, esp. the hair of horses.
		(n.) One who clips; specifically, one who clips off the edges of coin.
		A, And, Bow, Built, Clipping, Coin, Fast, For, Hair, Machine, Of, Off, One, Rigged, Sailing, Sharp, Specifically, The, Vessel, Who, With,
	en.thinkexist.com /dictionary/meaning/Clipper (179 words)

	The Jews in England I: ZOG Then and Now, Events Leading to the Expulsion of Jews, Magna Carta
		In an attempt to solve the problem of "anti-Semitism", King Edward I passed in 1275 the Statutem de Judeismo (Laws or Statutes regarding Jewry), a set of laws commonly known as the "Anti-Usury Laws." These laws outlawed the lending and borrowing of money for unproductive purposes.
		However, the Jew never took advantage of these opportunities, choosing instead to continue with such parasitic practices as usury, clipping the coin (paring the silver off the coins which debased the currency), desecrating the host and ritually murdering Christian children every Passover, as the Jew is instructed to do in the Talmud.
		If anyone thinks that this was simply a medieval problem, it should be remembered that when Henry Ford was accused of being an "anti-Semite" for having publicized the Jew's thoroughly unproductive and parasitic nature, he offered a reward of $1,000 (a considerable sum at the time) to anyone who could show him a Jewish farmer.
	www.heretical.com /British/nsv12-3.html (1230 words)

	Jewish Studies 40: Study Questions: The Middle Ages in England
		How do ritual murder accusations fit into the fabric of Christian religiosity?
		What connections can you draw between the blood libel and the coin clipping?
		Consider the background of the Jews who initially came to live in England: what were the political circumstances that brought them to England, and what were the ramifications of those politics for later Anglo-Jewish history?
	www.dartmouth.edu /~jwst40/questions/week3.html (333 words)

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