Never underestimate the role of change in trade circulation, because it is the foundation for revitalizing the market. At present, the Finney silver coins circulated in Germany are actually equivalent to 50 yuan in large bills, which is very unfavorable for the circulation of small commodities.
In the current German region, silver coins are usually used only when the amount reaches a certain level of transactions. As for ordinary small commodity transactions among private goods, they often cannot use coins and can only barter with goods. However, if barter with goods, the value cannot be determined, which often leads to irregular transactions. At the same time, the circulation of goods has been greatly affected.
Therefore, in the current German region, the circulation of small commodities is not very smooth. If there is enough change, the circulation of commodities in the market will be more prosperous.
Spain's launch of a small copper coin like Malawi has well adapted to market demand. Therefore, for now, Spain's market economy is much more prosperous than that of the German region.
Another example is France. Although French silver coins contain very low silver, they are almost close to copper coins. However, it is precisely because French silver coins contain low silver, and the currency itself is low in value. But this actually promotes the prosperity of trade. Because low-value silver coins can better adapt to small payments, thus making the economy more prosperous.
As for the Ming Empire, let alone. In the Ming Dynasty, a thousand copper coins were worth one tael of silver. It can be said that the copper coins of the Ming Dynasty were "zero" enough and also stimulated the circulation of goods. Generally speaking, in the Ming Dynasty, many children could also have several copper coins in their hands to buy snacks.
But in Germany, because there is no change, most people only have a few small silver coins in their hands. Many times, because of the lack of change, they need to adopt a very primitive "barter" trading method. This greatly hinders the circulation of goods and the development of social economy.
...
Therefore, it is necessary to exist for smaller coins. However, according to the current silver-copper price ratio, a silver coin with a silver content of 50% is only equivalent to 8 equal-weight copper coins. And if a silver coin with a silver content of only 25% is only equivalent to 4.5 copper coins. According to the algorithm that a Finney silver coin is equivalent to 50 yuan in later generations, a small copper coin with a weight of 6.25 yuan in later generations...
"No!" Marin suddenly screamed.
He suddenly realized that perhaps the copper coins worth 6.25 yuan could not replace small currencies similar to those of later generations of 1 cents, 5 cents and 1 cents. However, it was also very close to 5 cents. At least, his denomination was much smaller than the Finny silver coins equivalent to 50 yuan.
In other words, if you use copper coins, it is at least much more convenient than not using them. After all, 8 copper coins are equivalent to 1 Finney silver coin. At that time, workers will not receive 2 Finney silver coins every day, but will receive 16 copper coins. In this way, it will be much more convenient for them to spend money.
As for the future depreciation of copper prices... no matter what, I won't lose anyway...
Marin finally decided to be hard-working and promote the application of copper coins among the people...
But at the same time, he would also use copper coins to exchange silver and gold from the people. In other words, copper coins are only placed in the people for commercial circulation by the people. The state reserves are gold and silver.
In this way, even if copper prices plummet in the future, the official losses will not be large...
Although doing this is a bit immoral, it is not unsolvable. Because Marin, who is about to send troops to Japan, will control the channels for the export of cheap copper from Japan. At that time, if the copper price drops, the most important thing is that the official exchanges more new copper coins to the public. After all, copper coins are also divided into years. As long as the old copper coins in the hands of the people are exchanged for more new copper coins, the losses of the people are not great.
But, those copper coins exchanged to other countries will not be refunded. As for the gold and silver exchanged with those copper coins, they will naturally be blackened...
What? Are you trying to trouble me? What's the reason? I used copper coins to exchange for your gold and silver coins at the beginning, but it came at the market price. As for the sharp drop in copper prices, it's up to me? As for the people of Beihai to exchange more new copper coins? They are my people, do you have any opinions? You can also bring your country to Beihai, with many benefits...
Not convinced? Come and beat me! Just wait for you to take action first. That way, you will be swallowed up...
...
In addition, Marin plans to use brass coins. Brass is a golden copper alloy that looks very good, a bit like gold. The coins minted by brass are also golden and look like gold coins. For those merchants who are keen on gold coins, brass coins will definitely blind their dog eyes.
The reason why I use brass is actually that Marin also consumes the zinc ingots in my hand. After all, after getting nickel, Marin does not need to use tin sheet to wrap the bottom of the ship. In this way, the only function of zinc is to pretend to be tin and make tin sheets.
However, the use of tin slab is not wide, and Marin is unwilling to promote the application of zinc in order to keep it confidential. Therefore, the zinc in Marin's hands is actually backlogged.
The Bakens lead and zinc mine on Newfoundland still produces lead and zinc. Then, the zinc liquid cannot be wasted. And making brass for coins is a good choice.
Moreover, the cost of mining and smelting of those zinc is not high. Mixing zinc and copper can not only increase the appearance of copper coins, but also save copper and reduce the cost of coin minting.
If it weren't for the unwritten tacit understanding in Europe - gold coins are not adulterated, which can make it feel like it after biting the gold coins, it would be okay to use brass to counterfeit inferior gold coins.
However, in this era, whether it is Ducat or Gulden, gold content is very high, and you can feel soft after taking a bite. Therefore, you can only think about casting fake gold coins with brass. In addition, the density of gold is too high. Even if you add lead into brass, it is useless. Because the density of lead itself is not as high as gold...
...
This chapter is not finished yet, please click on the next page to continue reading the exciting content later! After making up his mind, Marin came to the metallurgical factory and asked them to smelter brass. But what made Marin depressed was that mixing zinc and copper was not an easy thing. Because the melting point of copper was as high as 1083 degrees. But his zinc vaporized and ascended to heaven at 907 degrees...
Although it can be collected with the top condenser, it is really difficult to melt and mix the pure zinc ingot and copper!
In desperation, Marin had to use another method - first oxidize the zinc, then restore it with the copper ore, and finally got brass. But the problem is that in the future, we can't use copper directly, so we have to find enough refined copper ore...
As for zinc, zinc ore cannot be used directly. Because there is lead in zinc ore. Therefore, zinc ingots must be used to oxidize and then reduce it. However, zinc oxidation is not easy. Marin thought for a long time and asked someone to grind the zinc into a powder form, then heat it with water, and stir it constantly to make it oxidize, which is very troublesome to deal with.
But fortunately, Marin finally got golden brass. Then, he took the brass to the mint and asked the mint masters to use the craftsmanship and molds to make Finny silver coins to press a batch of 1.5 grams of small copper coins, which is the same size and appearance as Finny silver coins.
Then, he brought this batch of golden brass coins and found Jeffrey and discussed the possibility of promoting copper coins in Beihai Country...
But unexpectedly, Jeffrey's first words were:
"Dagong, do you still have a mint?"
Marin suddenly realized - Damn, I forgot to tell the Prime Minister the truth because of minting counterfeit coins...
But he can't tell Jeffrey that he was minting counterfeit silver coins on a large scale, so he could only vaguely say that he had recruited several craftsmen who could make coins and asked them to try out the copper coins...
After watching it for a long time, Jeffrey said:
"Then try it. Anyway, copper itself is a high-priced metal and is used as currency, so it's fine. Moreover, it is said that southern European countries such as Spain have already used copper coins. We will issue a batch of copper coins first and invest it in the public to try everyone's reaction. In addition, you need to send someone to design a copper coins, which cannot be the same as Finney silver coins..."
Chapter completed!