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A debasement of coinage is the practice of lowering the intrinsic value of coins, especially when used in connection with commodity money, such as gold or silver coins, while continuing to circulate them at face value. A coin is said to be debased if the quantity of gold, silver, copper or nickel in the coin is reduced.
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coins silver coin metal gold value clipping used currency content face mint made precious money debased reduced nickel sweating edges
| Subject | Predicate | Object | Confidence | Src |
|---|---|---|---|---|
| steel | instance of | cheap metals | 0.80 | text |
| copper | instance of | cheap metals | 0.80 | text |
| or a copper-nickel alloy | instance of | cheap metals | 0.80 | text |
| reducing wear | instance of | cheap metals | 0.80 | text |
| making it difficult | instance of | cheap metals | 0.80 | text |
| unprofitable to debase them.Coin clippingClipping is shaving off a small portion of a precious metal coin for profit | instance of | cheap metals | 0.80 | text |
| Debasement | has effect | If | 0.60 | section |
| Debasement | has effect | Ottoman | 0.60 | section |
| Debasement | has effect | The | 0.60 | section |
| Debasement | has method | An | 0.60 | section |
| Debasement | has method | There | 0.60 | section |
| Debasement | has method | Gresham's | 0.60 | section |
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