Silver Coins of Europe
Silver mining began early when the Americas were at its simple beginnings, also known at this time as the "New World." Europeans quickly began to exploit the silver mines, particularly those in South America, to answer a demand for silver in Europe inspired by the fine craftsmanship of the Renaissance. The discovery of silver in Joachimsthal also gave rise to the silver joachimsthaler coin. Production of silver in the Americas influenced trade and politics in Europe and transformed European relations with other regions of the world, particularly China and the Ottoman empire. The influx of silver into Europe led to the sometimes uncontrolled minting of coins. All countries of Europe eventually began to issue large size silver coins. Europeans then used these silver coins to purchase goods abroad which eventually led to inflation. The great amounts of silver available caused the relative value of silver to drop.
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Famous quotes containing the words silver, coins and/or europe:
“I never thought that the possession of money would make me feel rich: it often does seem to have an opposite effect. But then, I have never had the opportunity of knowing, by experience, how it does make one feel. It is something to have been spared the responsibility of taking charge of the Lord’s silver and gold.”
—Lucy Larcom (1824–1893)
“No Time, spoke the clocks, no God, rang the bells,
I drew the white sheet over the islands
And the coins on my eyelids sang like shells.”
—Dylan Thomas (1914–1953)
“Never before since Jamestown and Plymouth Rock has our American civilization been in such danger as now.... [The Nazis] have made it clear that not only do they intend to dominate all life and thought in their own country, but also to enslave the whole of Europe, and then to use the resources of Europe to dominate the rest of the world.”
—Franklin D. Roosevelt (1882–1945)