Tin Ingots Currency at Willie Gomez blog

Tin Ingots Currency. between 1710 and 1825 the sultanate of palembang discovered and mined huge deposits of tin on bangka island. in essence, the new currency was a way for the government to acquire huge quantities of gold and silver in exchange for paper — an interesting parallel with the legend of zhu yuanzhang taking silver fragments from ancestral shrines in exchange for tin ingots. It has been suggested that these tin animals were originally intended as talismans, weights or even toys, but it is clear that they were also accepted as currency. the currency systems of the sultanates also used more conventional forms of money, such as gold and tin coins and imported spanish (later mexican) silver dollars.

Single Palladium Ingot on Stacked Rows of Shiny Palladium Ingots or Bars Background Precious
from www.dreamstime.com

It has been suggested that these tin animals were originally intended as talismans, weights or even toys, but it is clear that they were also accepted as currency. the currency systems of the sultanates also used more conventional forms of money, such as gold and tin coins and imported spanish (later mexican) silver dollars. between 1710 and 1825 the sultanate of palembang discovered and mined huge deposits of tin on bangka island. in essence, the new currency was a way for the government to acquire huge quantities of gold and silver in exchange for paper — an interesting parallel with the legend of zhu yuanzhang taking silver fragments from ancestral shrines in exchange for tin ingots.

Single Palladium Ingot on Stacked Rows of Shiny Palladium Ingots or Bars Background Precious

Tin Ingots Currency between 1710 and 1825 the sultanate of palembang discovered and mined huge deposits of tin on bangka island. between 1710 and 1825 the sultanate of palembang discovered and mined huge deposits of tin on bangka island. the currency systems of the sultanates also used more conventional forms of money, such as gold and tin coins and imported spanish (later mexican) silver dollars. in essence, the new currency was a way for the government to acquire huge quantities of gold and silver in exchange for paper — an interesting parallel with the legend of zhu yuanzhang taking silver fragments from ancestral shrines in exchange for tin ingots. It has been suggested that these tin animals were originally intended as talismans, weights or even toys, but it is clear that they were also accepted as currency.

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